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Every company code needs to maintain different set of account books using
different accounting principle. When a financial transaction happens, financial
document is recorded in different books and this is referred as parallel accounting.
Non leading ledger enables parallel accounting.
For local authority using local GAAP in INR --------Fiscal year 1ST APR to
31st MAR
Scenario 1, 2 & 3: Documents are updating all ledgers 0L, N1 & N2.
Scenario 4: Documents are updating only ledger 0L & N1. (Ledger specific
document posting)
Normally when document is posted, data flows to all ledgers as shown in scenario
1, 2 &3.
But specific accounting principle may require adjustment hence ledger specific
documents are posted as shown in scenario 4, 5 & 6. This helps in maintaining
multiple set of books independently.
Leading ledger
Leading ledger is the primary ledger or lead ledger. Leading ledger is always
represented by 0L.
Leading ledger 0L is automatically created by sap and assigned to all the company
codes. When a financial transaction happens, financial document always gets
posted in leading ledger.
It’s a standard practice to keep accounting principle of leading ledger same as the
group’s accounting principle (accounting principle in which consolidation has to
happen).
Non leading ledger is used for maintaining books in accounting principle other than
group’s accounting principle (accounting principle in which consolidation has to
happen).
You may create as many non leading ledgers as you want but sap allows only one
leading ledger. Standard practice is to keep ledger 0L as the leading ledger.
While posting a financial document, the field ‘Ledger Grp’ decides which ledgers
will be updated by the document.
If no input provided in the filed ‘Ledger Grp’ then document gets posted in each
ledger.
If input is provided in the field ‘Ledger Grp’ then document gets posted in ledgers
belonging to the ledger group.
No, ledger specific documents cannot be posted for customer/ vendor account.
When posting customer/ vendor account, the field ‘Ledger Grp’ needs to be empty.
No input should be provided in field ledger group.
Case 1: Fiscal year variant and posting period variant of non leading ledger is same
as leading ledger
Outcome: Non leading ledger inherits the document number from leading ledger.
Case 2: Fiscal year variant and posting period variant of non leading ledger is
different from leading ledger
2. Only one leading ledger can be defined, sap provides leading ledger ‘0L’ which
is assigned to all the company codes by default.
3. Inherits properties (fiscal year variant, posting period variant and 1 st currency)
from company code
Non-leading ledger
2. Fiscal year variant, posting period variant can be different from leading ledger.
4. Second local currency (LC2) and third local currency (LC3) can only be picked
from currencies assigned to leading ledger.