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Leading and non-leading ledgers

Former Member
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Hello,

Can anyone let me know what exaclty is a non-leading ledger and how does it work in realtion with the leading ledger. Currenlty we are on ecc 6 and wroking on only one leading ledger. How will I know what is the requirement to maintain non-leading ledgers.

Please let me know.

Thanks

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Non-leading ledger could be used for tax reporting or local reporting purpose.

For e.g if you have a company code whose fiscal year is different from all the other company codes fiscal year because of their country requirement. But you still need to consolidate as per the all the other companies fiscal year. Then you can create a non-leading ledger for that company where the fiscal year is different from the leading ledger fiscal year. This way you can facilitate the reporting for local as well as group purpose.

The best way to know, is to ask the client what are the different accounting principles that they report out of and is there a difference in their posting.

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Answers (1)

Answers (1)

Former Member
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Hi,

In General Ledger Accounting , you can use several Ledgers in parallel. This allows you to produce financial statements according to different accounting principles. A ledger uses several dimensions from the totals table it is based upon. When defining Ledgers , one must be defined as the Leading Ledger . The Leading Ledger is based on the same accounting principles as that of the consolidated financial statements. It is integrated with all subsidiary ledgers and is updated in all company codes. This means that it is automatically assigned to all company codes. In each company code, the Leading Ledger receives exactly the same settings that apply to that company code : the currencies, the fiscal year variant and posting period variant .

You must designate one of your ledgers as the Leading Ledger. It is not possible to designate more than one ledger as the leading ledger.

The menu path is :

SAP Customizing IMG -


> Financial Accounting ( New ) -


> Financial Accounting Basic Settings (New) -


> Ledgers -


> Ledger -


> Define Ledgers for General Ledger Accounting

Clicking on the checkbox identifies one of your ledgers as the Leading Ledger.

Activation of Non Leading Ledgers

Non Leading Ledgers are parallel ledgers to the Leading Ledger . They can be based on local accounting principle, for example. You have to activate a non- Leading Ledger for individual company codes. Non- Leading Ledgers can have different fiscal year variants and posting period variants per company code to the Leading Ledger of this company code.

The menu path is :

SAP Customizing IMG -


> Financial Accounting ( New ) -


> Financial Accounting Basic Settings (New) -


> Ledgers -


> Ledger -


> Define and Activate Non –Leading Ledgers

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Regards

Genie