General Ledger: does the leading ledger automatically post to the other standard ledgers

[Former Member]

Hello,

The above question. I get the impression this is the case after googling (my book, certification guide, also doesn't mention it)?

But that wouldn't make sense? If my leading ledger= IFRS, and my standard (non leading) second ledger=US GAAP, IT wouldn't make sense that my IFRS data get posted to the US GAAP ledger?

Thank you,

[Former Member]

Here is another post which states that all posts in the leading ledger flow to the non leading ledgers too:

https://www.accely.com/blog/sap-hana-extension-ledger-system-and-its-benefits/

[Former Member]

Thank you for your answer Jonathan!

What you describe would make sense.

However here 2 people write the opposite:

https://answers.sap.com/questions/6879853/difference-between-leading-ledger-and-non-leading-.html

And here it is said all automatic postings also post to all ledgers:

https://sapexperts.wispubs.com/financials/articles/how-to-use-the-extension-ledger-functionality-in-...

That wouldn't make sense. For example, I want MM LIFO valuation in 0L (Belgium), but MM FIFO valuation postings in L1 (USA). It doesn't make sense if MM posts the same to two ledgers.

Thank you,

Bye,

[JonathanEemans]

Hi,

In which ledger a document is posted, depends on the ledger group which is used.

Example...

Three ledgers: 0L, L1, L2
Ledger groups: 0L (0L), L1 (L1), L2 (L2), G1 (0L & L1), G2 (0L & L2), G3 (L1 & L2)

If you post a document with ledger group blank, you will post to all ledgers. This is the majority of postings.

If you post unrealized foreign exchange differences for your leading ledger using ledger group 0L, you only post to ledger 0L.

If you post amortization of financial instrument for your ledgers L2 & L3 using ledger group G3, you post to ledger L2 & L3.

Best regards,
Jonathan Eemans