on 03-05-2024 5:36 AM
Dear Experts,
We are implementing S/4HANA Public cloud for an Indian company. We want to have a setup of ledgers as below:
0L- Leading – (IAS Corporate as per company's act)
2L - Non Leading 1 (Ind AS)
3L - Non Leading 2 (Tax Reporting)
And Extension ledger – For Adjustments.
However, Ledgers 2L and 3L belong to Accounting Principles IFRS and US GAAP but we want to use accounting principles as Ind AS and Tax Reporting. During the starter system setup, we were not allowed to make changes to accounting principles for these ledgers and also were not able to assign Group Currency as INR and fiscal year as V3.
Now we are setting up development system and need to know whether there will be any flexibility available to make the settings as we want. Please let me know if this can be done.
Review help.sap.com documentation on Ledgers
See Ledger Scenarios: Choosing the Right Combination for Your Business Needs also https://help.sap.com/docs/SAP_S4HANA_CLOUD/0fa84c9d9c634132b7c4abb9ffdd8f06/60e06e02b32c43f0adcc38c5...
as referenced therein
You make this selection during the initial scoping phase.
review each of Important to Know points referenced in documentation
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