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Chart of Accounts

Former Member
0 Kudos

How does the chart of accounts work in the new GL? Is there one localized Chart?

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

There is nothing new in new GL as far as chart of accounts is concerned. Local GAAP postings can be handled via two options - (a) parallel accounts or (b) non-leading ledger. Non-leading ledger is new functionality in new GL. The special purpose ledger functionality in classic GL is replaced by non-leading ledger in new GL.

Answers (0)