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Vendor / Customer as Main Ledger

former_member221220
Participant
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Hi Frnds,

Can the Vendor and Customer be maintained as Main Ledgers.

When they can be maintained so, why the sub ledger concept is introduced & what are its advantages.

Help me on this.

Regards,

Venkata.

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Former Member
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Please refer the below threads.

https://scn.sap.com/thread/1232259

former_member221220
Participant
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Hi Kumar,

Thanks for the links...

However, my question is still unanswered. Can we maintain the Vendor / Customer or main ledgers..

What are the issues that made the consultants to work with sub ledgers when the same is achieved with main ledgers

Regards,

Venkata.

Former Member
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customer/vendor can be maintained as a GL but it doesn't make any business sense. because in all our financial statements we show summary balance not individual customer/vendor balance.

that is the reason we have sub ledgers where individual balances are maintained for each customer/vendor.

deepa_khatri
Active Contributor
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Hi Venkata,

We can maintain Vendors and customers as main ledgers but there is no point of creating them as main ledgers.Like for example if you have 1000 vendors in your system then how you will manage each of them as General ledger account.

In balance sheet  consolidated balance of debters and creditors is required not each line item wise.

Subledger functionality is introduced in SAP to get the subledger wise balance instead getting balance for each vendor.

While designing chart of acounts in SAP this should be kept in mind that all relevant  GL accounts should be opened for the reconciliation accounts of vendors and customers.

If we create all the customers and vendors as main ledger accounts then whats the use of introducing SAP ,because this functionality is used only in old erp or accounting systems.

Hope this will help you.

Thanks

Deepa

Former Member
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Hi

Also, when ever postings are done to sub ledgers they are automatically updated in the main ledger when we pull any report.

If you maintain Vendor/Customer in the main ledger, not sure how it would work. It would defeat the purpose of using subledgers. Say, customers are posted to from SD side as well as from the FI side and the transactions are posted at both ends in both modules. If you use it in main ledger, I do not think SAP config would be easy.

Regards

Sowmya