Is it Mandatory to Load the Accounting Definitios wrt SLA?

Hi Gurus,
We have upgraded our system from 11.5.10 to 12.1.2. I have few Questions regarding the Loading Accounting Definitions w.r.t SLA.
Do we need to Load the Accounting Definitions?
Can we validate the existing Accounting Definitions? Will that be enough?
Current Accounting Definitions are from 11i to R12, Which are Invalid.
Do we have to load and validate or just validate the existing Accounting Definitions?
Expecting you replies.
Thanks in advance,
--Sneha                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

Hi Sneha,
I dont have an in depth knowledge on this, but the way SLA has been designed is that if you do not define your own Accounting Definitions and just implement the seeded setup, then it honours the Auto Accounting Rules. The default accounts generated by SLA through the seeded setup are the ones that Auto Accounting setup would have generated, so just make sure your Auto accounting setup is in place.
Thanks,
Prabhjeet

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