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leading and non leading ledgers

Former Member
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Hi

what is leading and non leading ledgers? when we can use this

amk

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Answers (2)

Answers (2)

Former Member
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hi

Ledger which is maintained to your co.code is Leading Ledger,(Mandatory) the system uses FYV assigned to your co.code.

For non-leading ledger (Optional) you can maintain same FYV or different FYV.

Vijay

assign points if useful to you.

Former Member
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Hi,

In new GL the default leading ledger is 0L. It is always required as of ERP2004. You could create your own sublegders to cover different reporting requirements (local GAAP, IFRS, ect.). You could post seperately in the different ledgers with manual transactions (e.g. FB50L) or you could assign legders to closing activities(FX revaluation).

http://help.sap.com/saphelp_erp2005/helpdata/en/2d/830e405c538f5ce10000000a155106/frameset.htm

Regards,

Svetlin