IFRS Ledger as non-leading in IFRS-compliant country

Hi Gurus,
We have IFRS ledger as non-leading BUT country is IFRS compliant.
What can be the effects?
Appreciate if some Guru can explain in detail.
Thanks a ton,
Bulbul

Thanks for the reply.
My question was in respect to CO.
It is my understanding that FI data of only Leading Ledger goes to CO and in this case it would not be IFRS data (that is non-leading ledger), but data of Leading Ledger (that is not IFRS).
When all legal reporting has to be done as IFRS-compliant, so what can be the IMPACT overall.
Bulbul

Similar Messages

Difference between Leading ledger and Non-Leading ledger

Dear friends,
what is the main difference between Leading ledger and Non-leading ledger in New G/L.
Thanks in advance,
Babu.

This concept is introduced in SAP Ecc6.0
Many companies have to maintain books for more than two fiscal years (For example 31st December as per companies act & 31st March as per income tax Act).
So leading ledger & non leading concept helps in maintianing same.
Leading Ledger is the ledger in which all the entries are posted originally. From Leading ledger all entries flow into non keading ledger. You need not pass entries seprately in leading or non leading ledger.
In case your leading ledger is Jan to December, January will be the 1st period & so on.
In case your non leading ledger is April to March, April will be 1st period.
Also, The leading ledger is based on the same accounting principle as that of the consolidated financial statement.
The non-leading ledgers are parallel ledgers to the leading ledger. They can be based for example on local accounting principles
Leading ledger is integrated with all subsidiary ledgers and is updated in all company codes. This means that it is automatically assigned to all company codes.
In each company code, the leading ledger receives exactly the same settings that apply to that company code currencies, FYV and posting periods. You can define a second and third parallel currency for your leading ledger for each company code.
Non-leading ledgers are parallel ledgers to the leading ledger. They can be based on a local accounting principle of a country, ex: You have to activate a non-leading ledger for the individual company codes.
Regards

Reposting from Leading ledger to non leading ledger using RGURECGLFLEX

Hi,
We have a situation where we are trying to post documents from 2007 that are in the leading ledger to a non-leading ledger. When we run the report RGURECGLFLEX it produces a list of documents that cannot be posted with the error "Document NI1N 4900000000 2007 is not relevant for your target ledger ZR"
When we did some investigation we found that the ledger group was specified with the leading ledger 0L on this and many other documents.
Is there a way that we can get these documents to post to the non leading ledger and ignore ledger group field / functionality?
Do we need to go through and remove the ledger group 0L on each of the postings and re-run the report RGURECGLFLEX?
We are looking forward to a solution
Thanks & Regards
Martin Weakley

Hi Martin,
From the SAP Service market place you should find a document
[https://websmp105.sap-ag.de/~form/sapnet?_SHORTKEY=01100035870000688032&]
FAQsGeneral Ledger in mySAPERPSolution
In this document you will see the following section "Parallel Financial Accounting and Ledgers"
under which you will see the following stated
If a customer decides to use the New GL but only initially uses a single parallel
ledger (the leading Ledger). The customer then processes some transactions
for a few months and then decides to use an additional ledger onthe system. Is
there a program that you can run to enable retrospective postingto a new non-
leading ledger?
SAP offers a service called SAP General Ledger Migration. For detail please see
chapter u201CMiscellaneousu201D.
More Information regarding u201CSAP General Ledger Migrationu201Dcan be accessed
using the quick link u2018GLMIGu2019on the SAP Service Marketplace (
http://service.sap.com/GLMIG). Please also see OSS-note 812919
with kind regards
Cora

How to clear the open item for non-leading ledger?

Hi, Experts,
I have two valuation area VA001 and VA004 and two accouting principle GAAP and IFRS.
Then I assign VA001 to GAAP (post to leading ledger) and VA004 assgin to IFRS (Post to non-leading ledger "IF").
There are two ledger group ,one is 0L and the other is IF.
When i run TBB1, system generate 2 FI documentes.
Then I run F13E to clear the GL account, because some GL is open item management.
But only ledger 0L is cleared, the other non-leading ledger "IF" is not cleared.
I don't know is there any possiblity that system will clear open item for leading ledger and non-leading ledger together?
TKS a lot.

Hi Louise,
you do posting in TRM, but clearing is done in FI, so I moved the thread.
BR, Tomislav

Diff of Non leading and Leading ledger

Hi,
In Ecc,6 version , what are differenecs between leading and non leading ledgers and its uses or applicability in different forms?
And How we use the concept of parrallel ledgers
Thanks,
Dharmveer

Hi,
Leading ledger is your base ledger, which will be bydefault present to your company code.
Non Leading Ledger are different from leading ledger, you can post documents to different fiscal year variant and in different currency.
say suppose you post a document in leading ledger with fiscal year variant V3, the same you can see in non leading ledger for a different fiscal year K4. Like wise u can maintain different currencies for Non Leading Ledger.
Non Leading Legers are nothing but parallel ledgers you are maintaining in special purpose ledger.
Difference is in ECC 6.0 directly for a document u can able to see in different ledgers at a time, how it posts.
Also Non Leading ledgers can be maintained as per IFRS and GAAP.
regards
srikanth

FAGLB03 Non leading ledger

Experts
We are posting the journals in period 16 / 2009 with ledger ZL   - Non Leading ledger
We are able to view the posted journal via transaction code FB03
However, when we go to transaction code FAGLB03 we can see the balance on period 16 but when we drill down we cannot get the journal posted and get a message u201CNo Items selected (See long text)
No items selected (see long text)
Message no. MSITEM033
Diagnosis
No line items meeting your selection criteria could be read. This could be for the following reasons:
1.) No corresponding items have been posted.
2.) You are not authorized to display this data.
3.) The items have already been archived.
This is the same with T code FAGLL03
We need to be able to view the journals posted on the line items and account balances reports, i have found a OSS note 1174335 which is attached which would seem to resolved this problem, but the OSS note is for a different version to what we are on, we are on version
SAP_APPL           500         0017       SAPKH50017       Logistics and Accounting
And the SAP note is for version SAP_APPL      603    SAPKH60303 which states to add field XLGCLR whch does not exist on our version of sap
Can you please advise if there another note we can apply which would resolve the problem ?

HI
Are you saying that you are able to see the document in the drill down of faglb03 or fagll03 but not able to go to the document? If yes then you should try Ctrl + Shift + F7 to go to the document that you click on.
If you are saying that the line items are not at all displayed then may be other issues, or missing notes etc
Let us know what is the result,
Regards,
Sushil.

Tax Procedure for Non Leading Ledger

Hi
Can we assign two different tax procedure to Leading and non leading ledgers, If so how can we do that.
i have created a non leading ledgers based on geographical locations, i.e my Leading ledger is assigned to UK based company code so the tax GB is now tax procedure assigned at country level and to record the transactions of France and other Europian countries, we have created a Non leading ledgers at each country level,
i could able to assign different curriences and Fisacal years to these non leading ledgers but i could not able to assign different tax procedures to non leading ledgers.
The main requrement of creating non leading ledgers to report the business transactions and tax on them to local authorities.
Please let us know if non leading ledgers can have different tax procedure to that of leading ledger.
Regards,
karunakar.

Hi Karunakar,
I think you can do that. Please follow SAP note
Note 873125 - DART: Ledger can be selected if NewGl is active
Thanks
Aravind

GL Planning for Non Leading Ledger.

Hi All,
Kindly note that currently I am using GL Planning for Leading Ledger "0L" and it works fine for
GP12N, GLPLUP & GP12NA.
I want to explore the possiblility of uploading plan for a non leading ledger(CL) as we have balancesheet report where we can have view for both i.e leading ledger and non leading ledger and their respective plan.Currently I can only see plan for leading ledger only as there is no plan against non leading ledger( CL).
Please let me know as to how can this be done fi its possible? or the alternative.
Regards
Pranay

Hi,
you can do it for leading ledger by first deciding the layout and fields you want in it.Then goto SPRO and create your layout.Once your layout is saved then create the planner profile as per your requirement.If you want to upload the data through excel then don't forget to have "Excel integrated" tick activated.
then go to last option"default parameters" enter the values and execute. this will generate a sytem file click on ok. this will take you to a screen where you will have the buttons
1) gnereric file name; enter file name as upload *.txt. so will have to upload the file everytime with this name as upload1,upload2......etc.
2) file description : save the file description as it is mandatory when you upload through t code GLPLUP.
this settings will help you upload GL planning
View : GP12N
upload GLPLUP
view changes: GP12NA
Regards

Posting to only Leading or Non leading ledger in New GL

Dear Experts,
What are the circumstances under which a there could be a requirement of posting a JV in only Leading or Non leading ledger in New GL? And also it would be of great help if someone tells me the procedure of doing such posting.
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

Postings to Non Leading Ledger

Hi,
My client requires 3 different non leading ledgers for management reoporting & stauatory reporting along with the leading ledger.
For that i have created 1L,2L & 3L as non leading ledger in the system.
Now the purpose of different ledgers is to pass accountiong entries in 1L, 2L & 3L based on the type of transaction (like Vendor Invoice, Customer Invoice, Vendor Payment, Customer Payment, Downpayment etc).
How can i achieve this?
What are the config required?
How can we control the accounting entries being passed to the different ledgers?
I have explored the SDN forum, i could only find the difference in Leading Ledger and Non Leading Ledger.

Dear Naveen,
Please refer to the following path :
Financial Accounting (New) - Financial Accounting Basic Settings (New) - Ledgers - Ledger - Define and Activate Non-Leading Ledgers.
Regards,
Priyank Manav

Query regarding implementing non leading ledger

Hi friends,
I am suppose to implement the non leading ledger along with the leading ledger. Its fiscal year is from Jan - Dec. I have a query that is there any issues at the year change ( like any kind of adjustment at year end) and what are the things needed to be carried out at the beginning of the year.

Dear Mr.Anand,
Could you please clear the below points.
1. Are you using NewGL ?
2. Want to add the Non-Leading ledger ?
3. "I am suppose to implement the non leading ledger along with the leading ledger" means want to implement both ledgers
like Leading ledger and non leading ledger
4. You want to classic ledger to New ledger ?
If you are using classic ledger then you need to go for newgl migration.
IF you allready using the NewGL and want to add non leading leadger then useing the New GL migration scenarios 6, 7,8.
Please refer the below link.
http://wiki.sdn.sap.com/wiki/x/JghNCw
please revert back to me with more details.
Reg
Madhu

Advantages of Non Leading ledger

Hi Friends,
This is Ajay ,can anay one tell me, how to assign a Feild status varient to a non leading ledger in
sap fico .
Also tell me the advantages of a non leading ledger, and how it works in real time scenario?
Thanks & Regards
Ajay

Dear,
Non Leading Ledger:
The non-leading ledgers are parallel ledgers to the leading ledger. They can be based on a local accounting principle, for example. You have to activate a non-leading ledger for the individual company codes.
Non-leading ledgers can have different fiscal year variants and different posting period variants per company code to the leading ledger of this company code. The second and third currency of the non-leading ledger must be a currency that is managed as second or third currency in the respective company code. However, you do not have to have a second and third currency in the non-leading ledger; these are optional. Alternative currencies are not possible.
The non-leading ledgers are parallel ledgers to the leading ledger. They can be based on a local accounting principle, for example. You have to activate a non-leading ledger for the individual company codes.
Non-leading ledgers can have different fiscal year variants and different posting period variants per company code to the leading ledger of this company code. The second and third currency of the non-leading ledger must be a currency that is managed as second or third currency in the respective company code. However, you do not have to have a second and third currency in the non-leading ledger; these are optional. Alternative currencies are not possible.
Check link: http://help.sap.com/SAPHELP_ERP2004/helpdata/EN/44/48584025233b70e10000000a1550b0/content.htm
http://wiki.sdn.sap.com/wiki/display/ERPFI/NewGLBasicOverview
Regards,
Syed Hussain.

Reports of leading & non -leading ledgers are not matching

Reports of leading & non-leading ledgers are not matching in the trial balance
report from t.code S_PL0_86000030 . Both should be matched but not matching. Leading ledger report
has been taken by giving the data (Currency:10, Company code: IN06,
Ledger: 0L, Fiscal Year: 2008, From period:1, To period: 16)
And non-leading ledger report has been taken by giving the data
(Currency:10, Company code: IN06, Ledger: AI, Fiscal Year: 2008, From
period:1, To period:9)
And account codes are not same in both the reports. If one account codes
is there in one report it is missing in other report.
Balance sheet for the period from April 2008 to March 2009 has to be finalised based on the non-leading
ledger report.
1.Non-leading ledger is acitivated .Fiscal year activated Jan to Dec-K4 .IN this case how can I enter the periods for to view leading ledger and non-leading leader reports and compare the reports.
help to solve the issue.
Regards
dharmendar

Hi,
Thanks for your inputs. I have 2 queries here...
1. Whether the reports S_ALR_87013542 & CN41 are same displaying the same information?
2. How can I check the Balance amount still remaining in the project? Is there any report?
Thanks & regards,
Bala

Activation of new Non leading ledger for IFRS- Challanges involved

HI
Good Day. I am requesting this qwery on behalf of my company. We are working on SAP ECC 6.0 and the New G/L functionality is activated and additional non leding ledger have been defined for IFRS reporting for some of the company codes rolled out subesequently.
Duriing the implementation , IFRS ledger was not defined for some of the company codes at that point of time. Is it feasible to define the Non leading ledger for IFRS reports now.
If it is possible, how to migrate the opening balance to this ledger. What are the other challanges involved, if we activate the non leading ledger now.
Thanks in advance for your guidance.
Regards.
S K Patra

You want to assign an additional ledger to a company code later on in General Ledger Accounting (new). You have to utlize the functions that are provided by the SAP General Ledger Migration Service.
This falls under Scenario 7: Subsequent implementation of an additional ledger
You need to consider this as a separate project and must prepare and execute this project with the utmost care to ensure accounting is still in order following the activation.
You have to structure accounts and already posted line items of the subsequently implemented ledger, in addition to
consistently changing various interdependent Customizing settings (for example, for General Ledger Accounting and Asset Accounting). SAP provides only a technical migration
Please refer to note 1227504.

Additional Non-Leading Ledger for IFRS implementation

Hi
My client wants to implement IFRS accounting wef 1 April. They already have couple of non-Leading Ledgers operational. Please confirm if the creation of a new non-Leading Ledger for IFRS would serve the purpose. Is it in anyway different from creation of other non-Leading Ledgers for US-GAAP, UK-GAAP ? Also, I would like to know what are all the points to be taken care of while implementing IFRS accounting standard.
Any documentation which would augment for the IFRS implementation in SAP will be of help.
Thank you
RK

Hi Ravi,
Iam not sure about your question but can you tell me what are the activities you carry out now for non-leading ledgers..Do you need to carry out month end closing for that non-leading ledger also???
Thanks,
sai.

IFRS Ledger as non-leading in IFRS-compliant country

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