Currencies in Leading ledger

Friends,
I am going to create non-leading ledger. My company in in US. for that company i am going to create non-leading ledgers for extension of business in india.
In the above situation for existing company 2nd local currency and 3rd local currency what can i select.
What is the difference of Group currency, hard currency and global company currency.
Pl guide

HI,
I'm not sure about what you ask.
the acquisition value is in RON - local currency,
the hard currency is EUR.
OB22 configuration is:

Similar Messages

Define Currencies of Leading Ledger Error

Dear Friends,
I need to replicate a ticket, which consists of three currencies AED,USD,GBP. In the Spro-Define Currencies of Leading Ledger, Two currencies of AED and USD are already defined. when i try to enter 3rd local currency, 40 - Hard currency,
I am getting the following error.
You are not permitted to change the currency type
Message no. FC061
Diagnosis
The currency type for an additional local currency cannot be changed for company code , since documents were already posted in this company code.
How to solve this error?
Please advise.
Regards
Sridhar

issue is closed

Currencies of Leading Ledger Error

Dear all,
Can You any one help me the below error.
Regards,
Sathish.E

Hi sathish enuganti
go for oy01 and select ur country fill the field hard currency save
go for ob22 and fill again by keeping blanks for two currency types valuation means legal valuation save and press enter
thanks
ram

Currency to Non Leading Ledger

Friends,
I want ot give the USD currency to my non leading ledger. how should i do that?
Please give me IMG path also.
My co code currency is INR. For my non leading ledger i want to give UDS currency.
Right now posting in non leading ledgers are also in INR which i want in USD.
Thanks & Regards,
Reva.

Hi Reva,
Have You checked this
SPRO--Financial Accounting (New)Financial Accounting Global Settings (New)LedgersLedger--Define and Activate Non-Leading Ledgers
Here if you provide the non leading ledger, it will take you to a screen where you can define the currency for non leading ledger
In this IMG activity, you make the following settings for the non-leading ledgers for each company code:
1) You activate the non-leading ledgers in the company code.
2) You can define additional currencies beyond that of the leading ledger. The first currency of a non-leading ledger is always the currency of the leading ledger (and hence that of the company code). For the second and third currencies of a non-leading ledger, you can only use currency types that you have specified for the leading ledger.
3) You can define a fiscal year variant that differs from that of the leading ledger. If you do not enter a fiscal year variant, the fiscal year variant of the company code is used automatically.
4) You can specify a variant of the posting periods.
Hope this helps
Regards
Pratiksha

Non-Leading Ledger Currency

Hi All,
It's a US company in China, but functional currency is USD.
So customer would like set local currency as USD. but from China GAAP reporting, we also need financial reports in RMB.
Leading ledger: 0L: For US GAAP,
1st local currency: USD
2nd local currency: Group currency profit center valuation -USD
3rd local currency:Group currency legal valuation -USD
Non-leading ledger: Z1 :For China GAAP
1st local currency: USD (should be same as leading ledger as SAP required)
My question is, how I could get China GAAP RMB report from SAP directly?
2nd and 3rd local currency of Z1 should be selected from currency types defined in leading edger.
If the solution is not available from 2nd and 3rd currency, are there any possible solutions?
Thank you ~
Lynni

Thank you Sanil,
Your proposal is current configuration.
But now functional currency for China company is USD.
Since main business is settled in USD (According to US GAAP or China GAAP)
And it is allowed to set local currency in other currency rather than RMB.
So if local currency is USD, then it will be more accurate for FI postings.
But we also need RMB report to meet local statuary report requirement.
Hope I explained it more clear.
Thanks.
Lynni

Foreign currency translation posting into Non leading ledger

Hi,
Is it possible to post Foreign currency translation into Non Leading Ledger? I have used the Tcode FAGL_FC_TRANS to post Foreign currency translation, but when i look into transaction data in FAGLFLEXA table, i can only see the posting into 0L (leading ledger). If it is possible to post into non leading leadger, could any one guide me how to do that.
Thanks,
Sabera

Hi,
Please find the below link it will help full for you,.........
define exchange rate types according to ledgers
Naresh

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

Ledger Group field NOT showing in FB03 after activating Non- Leading ledger

Dear All Experts,
I have activated non leading ledger for my company code and posted the document successfully from FB60. Now coming to FB03 I can see the document in Local Currency and Group Currency - USD but the Ledger Group field still shows complete blank. As I guess it MUST show 1F ( Non Leadig Ledger ) which is my non leading ledger.
Where I missed the configurtation step ? If anybody has gone through the same issue please guide or provide some inputs.
Regards,
Revati Joshi.

Non-leading ledger use t codes FB01L and FB50L
The reason that the Ledger Group 0L is being used it´s because the Accouting Principle of your Valuation Area.
What you have to do is you need to create a new Ledger Group and assgn it to your valutaion area.
Then you assign this accounting principle to the valution area.
Then assign the accounting principle to no Ledger Group.
Please see the customizing path:
Define new Ledger Group:
Financial Accounting (New)>Financial Accounting Global Settings (New)>Ledgers>Ledger>Define Ledgers for General Ledger Accounting (dont active your new ledger as leading ledger. leave the standard as the leading )
Assign Accounting Principle to none New Gl Group:
Financial Accounting (New)>General Ledger Accounting (New)>Periodic Processing>Valuate>Check Assignment of Accounting Principle to Ledger Group
Assign your Valuation Area to the accounting principel just assigned to none NewGL Group:
Financial Accounting (New)>General Ledger Accounting (New)>Periodic Processing>Valuate>Assign Valuation Areas and Accounting Principles
Now you have more then one Ledger Group in you client (which is not being used for nothing) and you have a valuation area that is linked to a Accounting Principle that is linked to no Ledger Group.
Go ahead now and execute the FAGLF101. You will see that the standard will not try to inform leading ledger in the Group of Ledger.
I found this solutiong debbuging the standard. Took me quite a bit to discover.
The problem was in SPRO->Financial Accounting(New)->General Ledger Accounting(New)->Periodic Processing->Valuate->Check Assignment of Accounting Principle to Ledger Group. In "Target Ledger Group" field, the ledger "0L" were configured in BRAP and GAAP. So, the system automatically assigned the ledger "0L" when performing FAGLF101.

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:
1     US GAAP (group accounting) (PLN)                    1     0L
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
30     Consolidated balance sheet in local currency PLN       0
31     Consolidated balance sheet in group currency USD     0
32     Book depreciation in group currency (USD)                    0
Can someone explain why I am seeing a duplicate posting on the non leading ledger. Using the settlement transaction from Project Systems or ABZON from the Asset Module I get the expected (AA) document type posting on the leading ledger but also on the non-leading ledger. When I run ASKB, the document ZF is also posted on the non-leading ledger.
Can someone help me figure this out? Thanks,

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).
Kyoko

Difference in ABST2 in non leading ledger for 2nd LC AA and 2nd LC GL

Hi,
While executing ABST2 there is difference in our non leading ledger ,we have recently created new dep. area 33 which updates the values in 2nd LC AA for non leading ledger but value in 2nd LC GL is different from what we have in Asset for non leading ledger Z1 .
When we check in FAGLL03 for Z1 ledger we came to know that Asset balance is updated from Local currency and GL values are updated from 2nd Local currency ,but in 2nd Local currency system has not post any entry and due to this there is difference.
We want the same value in non leading ledger Z1 for 2nd LC AA and 2nd LC GL.
Please let me know if there is any specefic settings required for the same.
We have mantain dep area 34 also as per SAP Note 1433535 but still there is difference in ABST2.
Thanks
Akshata

Hello Akshata,
If you want to setup a scenario in Fixed Asset Accounting, where
you post different valuations (local GAAP / IFRS) to a different ledger
group in G/L for parallel valuation, then you have to use (in total) 3
depreciation areas in the following way. For each additional "valuation"
for which you have additional ledgers defined in G/L, and for which you
want to get different values as those posted in area 01, you need also
two additional depreciation areas (1 real and and 1 derived area) in
asset accounting.
Please consider a correct definition of a parallel ledger scenario
is as follow: this is an example only
                           Posting to G/L         Ledger
Area 01 HGB                        1                   0L    > STATUTORY
Area XX IAS                          3                   LG    > (IAS)
Area YY (IAS - HGB)             5 or 6              LG    > (IAS)
Acquisition/transf/retirement postings in area 01 go to all ledgers
independently of your setting in OADB. And, if any difference occurs
between area 01 an area XX this is posted trough the derived area YY
(posting indicator 6).
This is the parallel ledger scenario logic and how the techinal
solution to this requirement was developped.
You can find more documentation about the so-called "Ledger Scenario" in
Asset Accounting for the purpose of parallel valuation in the SAP Help
Portal. You may find these links helpful:
a) Parallel Accounting in Asset Accounting
http://help.sap.com/erp2005_ehp_04/helpdata/EN/91/09f5400e517e7fe1000000
0a1550b0/content.htm
b) Parallel Valuation
http://help.sap.com/saphelp_erp60_sp/helpdata/en/4f/71ea61448011d189f000
00e81ddfac/content.htm
c) Making Settings for Parallel Ledgers in FI-AA
     > this one documents my above explanation
http://help.sap.com/erp2005_ehp_04/helpdata/EN/0d/de3d83c78b48a28a44ad92
14239d57/content.htm
d) Example: Parallel Accounting and the Derived Depreciation Area
     > this one describes how the derived area acts in the scenario
http://help.sap.com/erp2005_ehp_04/helpdata/EN/37/ebad814b3347e9bc5182c0
56d5bbd8/content.htm
kind regards
Ray

Asset Depreciation posting at historical exhange rate in Non-leading LEDGER

Hi Dear collegues
Our client would like to post depreciation at historical exchange rates, but only at certain non-leading ledgers.
So in leading leger the exchange rate should be at the posting day exchange rate, and at the other ledgers should be at historical ledgers. We were thinking that the bes way is to have one valuatio area in Local Currency linked to leading ledge and another asset area attached to the non-leading ledger with a parallel currency area (with historical values). Do you agree with this perspective ?
thanks

Yes you are right, but in our case we have parallel depreciation areas that are posting depreciation document to diferent GL Ledger books. (Dep areas are linked to Ledger books)
So we just are looking for posting at historical exchange rate in one of that no-leading ledger. The rest of areas an Ledgers should post at posting exchange rate
thanks

Automatic AP/ AR posting with different amount in Non-Leading Ledger

Dear All,
We have leading ledger for local GAAP and Non leading for IFRS. Is there any configuration/ mechanism to post a AP/ AR document with relevant amount in the Non-Leading Ledger based on the a/cing standards described by relevant standard.
I am aware of autoamtion in posting the documents of depreciation, foreign currency valuation, accrual/ deferrals. I want to know settings for automating the entry in non-leading ledger based on the standard.
Thanks,
Amish.

Hi,
If you want to post additional amounts ,adjustments, modifcations to non leading ledgers you can use FB01L and give your non leading ledger while posting. System post documents only in Non leading ledger.

Non-leading ledger depreciation area posting depreciation expense at current exchange rate - need to be historical

Hi all,
We are facing an issue where we have a depreciation area "02" posting to our non-leading ledger. It is set to post depreciation only.
I noticed the depreciation expense is hitting the non-leading ledger and translating (CAD) into group currency (USD) at the current exchange rate. But in the leading ledger, the rate is historical.
How can we have the non-leading ledger post at historical exchange rates for depreciation postings?
thx..

Hi Jay,
Check the exchange rate type & translation date maintained for the non leading ledger in OB22.
Regards,
Mukthar

Depreciation in Non Leading Ledger at Historical Exchange Rate

Hi All,
Our Company code is using parallel currencies 1LC is CAD, 2nd LC is USD & 3rd LC is GBP. (In T.Code: OB22)
When we look at the values for local currency 3 (GBP) in ledger 0L, all the entries have been translated from CAD to GBP at the same rate each month, which should be the proper treatment. In fact the translation to GBP is occurring at the historical rate for the fixed assets, which is correct.
However when we look at the values for local currency 3 in the parallel ledger (N1) we can see that the same CAD values have different LC3 values each month. The rate being used to translate the depreciation expense changes each month and looks like it is the current rate in place at the time depreciation was run.
We want the depreciation amounts for LC3 that are posted each month to be translated using the historical rate in both the leading (0L) andparallel (N1) ledgers. Our issue is how do we make the change. (Depreciation Run to update Non Leading Ledger N1 with historical exchnge rates as in Leading Ledger 0L.
Unable to understand the system behaviour. The depreciation posting run in the NON Leading ledger should happen with Historical Exchange Rate.
Thanks in Advance
Regards
K I M.

Hi
To understand why the system behaves in that way, the most important
thing is to understand how area 01 is posting its values:
As you will know, area 01 is the only area that is posting its values
"online" (this means that APC values will be updated in the G/L directly
when posting to an asset). It is a technical matter that this "Online"-
posting will always be done to ALL(!) ledgers that are defined in the
company code. So whatever Ledger group you assign to depreciation area
01, this will not be considered by any APC value posting, APC
transactions (as well as write-ups) will always be posted in ANY ledger
group in G/L with the values from area 01.
If you then want to setup a scenario in Fixed Asset Accounting, where
you post different valuations (local GAAP / IFRS) to a different ledger
group in G/L for parallel valuation, then you have to use (in total) 3
depreciation areas in the following way. For each additional "valuation"
for which you have additional ledgers defined in G/L, and for which you
want to get different values as those posted in area 01, you need also
two additional depreciation areas (1 real and 1 derived area) in
asset accounting.
So a typical dep.area setting for a parallel ledger is like:
           Real      Posting to G/L         Ledger
Area 01     X            1                   0L
Area XX     X            3                   XX (your ledger code)
Area YY                  6                   XX (your ledger code)
Acquisition/transf/retirement postings in area 01 go to all ledgers
independently of your setting in OADB. And, if any difference occurs
between area 01 an area XX this is posted trough the derived area YY
(posting indicator 6).
blaz

Currencies in Leading ledger

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