What is Extended General Ledger?

[Former Member]

Hey Gurus

Could you tell me about the Extended General Ledger?

Thanks 'n Regards,

Ashwani

[Former Member · Accepted solution]

Extended General Ledger is nothing but Special Ledger.

If you try to create a Fiscal year Variant with more than 16 periods, You get a message saying, “More than 16 periods can only be used in Extended General Ledger.”

Extended Special Ledger is where you can have more than 16 periods - you can have a max of 365 periods.

Hope that helps..

Thanks,

Nandita

[Former Member]

Like Nandita mention extended general ledger is now called Special ledger.

Beginning with Release 3.0, Extended General Ledger (FI-GLX) has been changed to Special Purpose Ledger (FI-SL).

As part of a reorganization, the previous GLX ledgers have been

divided up into two groups: 1.) standard ledgers and 2.) open ledgers.

Standard Ledgers----

---

Standard ledgers are configured and delivered by SAP. The data model

and functionality defined for specific business requirements are

available.

Examples:

General ledger, reconciliation ledger, profit center ledger,

consolidation ledger.

The FI-SL functionality of this ledger is integrated in the

appropriate application.

Open ledgers

Open ledgers are customer-defined ledgers which can be managed as a

general ledger or as a sub-ledger with any account assignments in the

FI-SL application.

Using the delivered installation program, customers can create

their own databases in the FI-SL application, according to their

specific requirements.

In FI-SL accounting values for customer-defined dimensions are stored

in summary with or without line item tables for reporting purposes.

In addition to the transaction-orientated validation, derivation, and

accumulation of data via the integration interfaces, the following

periodic functions are available: planning, allocation, rollup, currency

translation, balance carry forward, and data transfer.

FI-SL has been designed only to receive data delivered by other

applications and to present it for different views, its purpose

is not to produce any output for the other applications.

Therefore operative functions such as open item management,

commitments and so on are performed in the original application (but not in FI-SL).

[Former Member]

Thanks for taking out time from your busy schedule.

Regards,

Ashwani