Configuration for Ledger in S/4 HANA System

[shilpasaju]

Introduction

In this blog post you are going to learn about,

• 
  

  Creation of Currency Setting for Company Code

  
  


• 
  

  Leading Ledger configuration

  
  


• Creating Non Leading ledger


• Creating Extension Ledger


• 
  

  Assign Accounting principle to Ledger Group

  
  

This is where we will work on.

Tcode - FINSC_LEDGER.

Let's get started step by step with pictorial representations for better clarity.

1. Click Currency Setting for Company Code

Click on "New Entries".

Enter

• Company code - SC00


• Currency type - 30


• Currency - USD (client currency in SCC4)


• Source Currency type- 00


• Exchange type


• Translation Data Type


• Real time conversation ticked


• Press enter Display cells will be filled

Save (ctrl+s)

This is how it will look like.

 

2. Leading Ledger configuration

2.1) Select 0L and Click Company Code for Ledger

 

2.2) Click "Position" and search your company code.

 

• Local currency will be automatically updated as you have specified it in OX02.


• Global Currency as well will be updated as you have done previous step.


• Fill your Fiscal year variant and posting variant.

Save

This is how it will look like.

 

2.3) Select your cell and click Accounting Principle

 

2.4) Click on "New entries".

 

Fill your custom or standard Accounting principle.

Save.

 

3. To create Non Leading ledger

 

3.1) Click on "New Entries"

 

Fill all the necessary details

Save

 

3.2) Select the row and double click on Company Code for Ledger

3.3) Click on "New Entries"

• Enter Company code and press enter


• All the details will be automatically filled.

Save it.

 

3.4) Click on Accounting principles

3.6) Click on "New entries".

 

Fill your custom or standard Accounting principle.

Save.

 

4. To Create Extension Ledger

 

4.1) Click on "New Entries"

 

4.2) Fill necessary details

Save

 

4.3) Select the row and double click on Company Code for Ledger

• Delete All except own company code from your extension ledger group


• Enter Company code and press enter


• All the details will be automatically filled.

 

5. Assign Accounting principle to Ledger Group

Save.

 

Conclusion

Here, we have learned,

• Currency settings for your company code (Group currency setting)


• Setting up Leading, Non-Leading and Extension ledger for your company code


• To assign Accounting principle to Ledger groups

 

Lets catch up with another interesting topic in next blog !

Thank you

Please be noted, that you are free to use your own company codes and other details. What I have used is purely for demo purpose.