Choosing the leading ledger-non-leading ledger

Hi,
I am in a regional project in southamerica. We are goning to use New GL. We are going to have different companies for each country. The chart of account is going to be one which is usefull for all country (it has different group account for each country), we are also going to have a group chart of account for statement balance sheet. We have to report abroad by USGAAP, but locally by other rules. In the distant future we think to use consolidation.
We are going to define the leading ledger and the non leading ledger, but we have the following problems:
-Which one should be the leading ledger (USGAAP or local rules), because I need many reports for two rules.
-What should I consider for this decision?
-In case I choose the USGAAP as leading ledger, what functionality I am going to loose for local report, (inflation, some report, asset accounting (I need more than one depreciation area for local rules and in some countries the functionality of inflation, etc).
Thanks,
Cecilia

Hi,
I suggest to have leading ledger following group GAAP (inyour case US-GAAP, often IFRS). The number of reports does not affect this decision from my point of view as its the same, no matter which ledger is the leading one...
I am not familiar with inflation accounting but using asset accounting with derived depreciation area(s) which post the difference of (real-time) US-GAAP area (posted to all ledgers) and your local depr. area (to the ledger group needed) should work fine.
Set the derived depr. as a "real area" as a derived area does not provide the full (balance sheet) account determination functionality...
best regards, Christian

Similar Messages

  • Different segment in same document for leading and non-leading ledger

    Hi,
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    Please suggest.

    Thanks Alex for your response.
    But would it be possible to update the segment only in one ledger, the other one carrying the default values coming from profit center?

  • Double Posting using Leading and Non-leading ledger...

    Gurus'
    I am at a client that is using the leading (0L) and non leading (PL) ledger set up.  Also, we have configure an additional document document (ZF) for posting to the (PL) ledger.  The following configuration settings have been made:
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    2     Depreciation on tax limited value (cars)                    0
    3     PAS (Polish Accounting Standards) (PLN)                    2     PL
    10     CIT TAX (Polish taxation accounting) (PLN)                    3     PL
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    Hi,
    You can check BKPF (document header) and there is a field "ledger group" for which the document was posted onto. If there's no value in the field, it means the document was posted to all ledgers (leading and non leading).
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  • Opening balance upload in Leading and NOn leading ledger.

    Hi All.
    We are in the phase of opening balance upload. We are using Leading and Non leading ledger concept. Our Leading ledger starts on 29th of March 2009 as per UK reporting and Non leading ledger starts from 1st April to 31st of March as per India reporting.
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    Postings to G/L accounts with open item management are not permitted
    Message no. FAGL_POST_SERVICE012
    Diagnosis
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    Hi
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  • Posting to only Leading or Non leading ledger in New GL

    Dear Experts,
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    Thank you in advance.
    Regards
    Paul

    Hi,
    If you have assigned all your ledgers to the same group, then you are not actually using the feature of parallel accounting, as both will get the same values.
    You should have created two different ledger group, - one for leading ledger and second for non leading ledger.
    Then you should be able to post in a particular ledger group (i.e. leading ledger or non leading ledger.)
    Regards,
    Gaurav

  • Choosing the leading ledger- non leading ledger New GL

    Hi,
    I am in a regional project in southamerica. We are goning to use New GL. We are going to have different companies for each country. The chart of account is going to be one which is usefull for all country (it has different group account for each country), we are also going to have a group chart of account for statement balance sheet. We have to report abroad by USGAAP, but locally by other rules. In the distant future we think to use consolidation.
    We are going to define the leading ledger and the non leading ledger, but we have the following problems:
    -Which one should be the leading ledger (USGAAP or local rules), because I need many reports for two rules.
    -What should I consider for this decision?
    -In case I choose the USGAAP as leading ledger, what functionality I am going to loose for local report, (inflation, some report, asset accounting (I need more than one depreciation area for local rules and in some countries the functionality of inflation, etc).
    Thanks,
    Cecilia
    Edited by: Cecilia Penelas on Dec 6, 2010 6:18 PM

    Hi,
    I suggest to have leading ledger following group GAAP (inyour case US-GAAP, often IFRS). The number of reports does not affect this decision from my point of view as its the same, no matter which ledger is the leading one...
    I am not familiar with inflation accounting but using asset accounting with derived depreciation area(s) which post the difference of (real-time) US-GAAP area (posted to all ledgers) and your local depr. area (to the ledger group needed) should work fine.
    Set the derived depr. as a "real area" as a derived area does not provide the full (balance sheet) account determination functionality...
    best regards, Christian

  • Asset report leading and non leading ledger wise

    Hi,
    We have implemented New Gl and also leading non leading. Leading fiscal year jan to dec and non leading fiscal year April to march. So how to take the asset report for the period of leading and nonleading.
    govind.

    Hi,
    You can execute the asset reports based on depreciation area which will represent a particular ledger.
    Regards,
    SDNer

  • Leading and non leading ledger balances do not match in FAGLB03

    Hi,
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    I checked in FAGLF03 and no difference exists there.
    The issue is only with period 5, the other periods display the balance right.
    There is some balance from period 6 that adds up in the credit line items balance and thats the reason for difference.
    Please suggest.
    Regards,
    Soujanya.

    Hi all,
    Any ideas please??
    In other words from my previous posts:
              1. Earlier this year (around February) the non leading ledger's (Fiscal Year Variant - K4) was changed in accordance to leading ledger's FYV - YY which is April to March (year dependent).
    2. So, the periods in FAGLB03 are divided based on calender months for non leading ledger (X1).
    3. As the periods in leading ledger(0L) are year dependent the open and close dates are different than the calender months.
    4. That's how calender month(or old K4's fiscal period of X1) August, has 2 0L's fiscal periods i.e. 5 and 6 (5th period closing date was 27.08.2011) and the 6th period start date is 28.08.2011
    5. For X1 - non leading ledger when I drill down on the balance of 8th calender month i.e. August , it shows some balance from period 6, where it should not. It should only give us the results of period 5.
    6. The results were right for periods 2, 3 and 4 in accordance to 0L's year dependent results. Wondering what went wrong in period 5.
    As this is a month end closing issue, would appreciate any clues fast.
    Regards,
    Soujanya.

  • Amount diff between Leading leder & non leading ledger (Parallel ledger)

    Hi SAP Guru's
    Write now we are working on ECC 6.0 with new gl. We have configure parallel ledger accounting & document splitting also.
    But when I am seeing balances in 0L & 1L (GL Bal), system showing differences.When i am found out this difference it comes in Zero balance account(for document splitting).
    my question is why the system showing diff balances in 0l & 1l?
    So, may I know what is reason behind this?
    Can any plz help me out for above issues......
    regards
    Amar

    No sir,
    I have taken same fiscal yr variant.
    My issue is solved............

  • New Gl- report with some details of CO for the non leading ledger

    Hi,
    I am using New GL. I have 2 ledgers (local ledger and USGAAP); The local ledger is the leading ledger, so is the one which impacts to CO. I need some information in CO (mainly cost center) for the non-leading ledger (USGAAP). I am thinking in create a report painter with the table of non-leading ledger, but I cannot find a table in NGL which save the CO object and can choose the ledger. I am looking too, this information by a standard report, but I cannot find one.
    Any idea about a solution of this situation?
    Thanks,
    Cecilia

    Hi Cecilia, did you assign Cost Center scenario (FIN_CCA) to your ledgers?, otherwise NGL Tables (FAGLFLEXT and FAGLFLEXA) won't have Cost Center field populated. If this is the case, maybe your only option is use BKPF then BSEG + BSEG_ADD (Entry View of Accounting Document for Additional Ledgers) and pull Cost Center from there.
    I hope this helps.

  • Cost center not updated when posting in non leading ledger

    Hello FI Experts
    I have two ledgers - Leading and Non Leading Ledger.
    When I posted expense entry it updated both the ledgers and updated cost center value. This updated value i checked in cost center report KSB1.
    For Ex: Rs. 1,00,000
    Now I posted another expense entry in non leading ledger only. For Ex: Rs.50,000
    How ever this entry didn't updated cost center report value. I checked in report KSB1
    So I want to know:
    1. Are there any cost center reports / profit center reports in controlling module where I can get non leading ledger specific amount in cost centers and profit centers
    2. Is it possible to run assesment and distribution cycle, cost reposting and other CO transactions for non leading ledger amount
    Deepak

    Hi Deepak.
    You can verify is the cost center was posted on document running tcode SE16N on the FALGFLEXA table, put the document number to do research.
    After you can trying to post the new document through Tcode FB50L choosing or not a legder specific, then verify the document was posted correctly running the Tcodes SKb1 or Se16N with FAGLFLEXA table again.
    Also you can check this link Checking the Allocation of General Ledgers to Cost Centres
    Kind Regards
    Jandoval Nascimento

  • Exit for to restict Non-leading ledger posting periods for Document Type SA

    Hi,
      Please give the guidelines to complete the following requirment.
      In SAP FI two ledgers Leading(0L), Non-Leading (J2) Posting periods are defined in OB52.
    If non-leading ledger is closed also it will take the Leading posting periods and Posting the document..
    This is the SAP Behaviour.
    Like in FB50L if we enter J2 (Non-Leading) it will display the erro message like
    Posting period in not open.
    Like that they want for FB70,FB75,MIGO,MIRO,FINT and Invoice(VF01).
    Please suggest the suitable exit.
    Thanks & Regards,
    Padmaja.

    Hi Ramu,
    Please refer the below points,
    1. Leading ledger is only one ledger in one client.
    2. In one client you can keep N of non leading ledgers.
    3. company codes are need  assign to non leading ledgers.
    4. All postings will update leading ledger by default.
    5. Non leading ledgers will update if  company code is assigned to non leading ledger.
    6. If you want to  post only non leading ledger then please use the tcode FB50L and FB01L.
    7 You can set the separeate fiscal year variant for non leading ledger.
    I hope above information will resolve you r issue.
    Regards
    Madhu M
    http://wiki.sdn.sap.com/wiki/x/JghNCw    (NewGL Migration Secnarios)
    http://wiki.sdn.sap.com/wiki/x/mosOD     (Document Splitting Wizard)
    http://wiki.sdn.sap.com/wiki/x/f4OfDg    (NON-LEADING LEDGER SPECIFIC
                                                                  POSTING)

  • Posting period for Non leading ledger

    Hi
    I am having Leading ledger & Non Leading ledger.
    I am posting a document on a particular date. The period relating to that date in leading ledger is open & in non leading ledger is closed.
    As per SAP standard the system will check the leading ledger & allow the posting.
    Is it possible to write a validation for the following scenario.
    If a document is posted the system should check the posting period in both  leading & non leading ledger, if both are open then only the document should gets posted other wise an error message should be displayed.
    Kinldy help me to address this issue.
    Regards
    R.Karthigayan

    You have a few options here.
    1 make sure your periods align each other
    2 Use both selection options in OB52 and allow certain users to restricted periods
    3 Use authorizations to validate the user if they can post into a period
    4 Create a user exit on the save accounting document function module to check the rules.
    Please award points if this is useful.

  • Non Leading Ledger Posting

    Hi Guys,
    Have client requirement in Non-Leading Ledger.
    For MIS reportting purpose Non Leading Ledger using, dont impact on Leading only for MIS purpose post some Entryes. FB50L use for Non Leading Ledger Posting.
    1. Normal Expenses booking every month - No issues
    2. Provision book for Customer & Vendor every month dont impact on any logal Books - In this case is it possiable manual JV ?
    I tested one scenario Normal Expenses booked in FB50L 2012 8 period Document Type is SA. If saw in FAGLFLEXT Table 2012 - 8 period no values it is coming only in 16 period only.
    3. Will book any Manual JV Expenses book in FB50L Non leading ledger will show 16 period only ? or any setting is wrong.
    4. Will book any Expenses in FB50 Leading automatically updating in Non Leading Ledger will see in FAGLFLEXT Table same value showing under 16 period only.
    If i check in FAGLFLEXA Table is showing correctly 2012 - 8 Leading & Non-Leading (FB50L)
    5. We are using 30 company codes in 30 Countryes. Currency Keys is 10, 40, 60- USD. 60 is common currency for all co.Codes. issue is i developed one report in Report painter Used FAGLFLEXT Table. 60 Global Company Currency is not updating.
    Please provide the soluation on above points it is very urgent.
    Thanks
    Ramu

    By default system will post to all ledgers that is leading and non leading ledgers for a posting. However you can make postings to non leading ledgers independent of leading ledgers using Fb50L which should not be open item managed.
    Non leading ledger will contain all postings of leading ledgers + postings related to local reporting requirements.
    There is no way that you can control this in my opinion using SAP standard functionalities.

  • Fiscal Year for Non-Leading Ledger Issue

    Hello Experts,
    I am implementing New GL concept in my Current Implementation..
    We have one company code which is based at US and has a branch in india
    In this case, i have configured one non-leading ledger with Fiscal year variant V3 and Currency INR.. for Indian local Reporting...
    Here after posting the transaction, In F.01 report, i am not able to view the Fiscal period for that non leading ledger which i have crated for India
    Kindly help me.. I want to view the F.01 report with US posting period when i executed with Leading ledger OL and V3 fiscal period when i execute this with Non- Leading Ledger KS
    Kindly Help me regarding this. And also help me to provide some transaction codes for executing reports exclusively for Non- Leading Ledgers..
    Thanks
    TK Surya

    Hi Aravind,
    Thanks for the immediat response. But I am not able to understand the activation of non leading ledger and activating it with two currencies and fiscal year variant. Can we have two reporting structure with two periods with two different starting and ending dates.
    Thanks once again
    surya

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