Answer / phani

Leading ledger
1.It is a base ledger, which updates the cost center and
consolidation.2.You can define only one ledger as the
leading ledger – SAP provides the leading ledger "0L".
3.The currency of the leading ledger is always used as the
first currency.4.The leading ledger is integrated with all
subsidiary ledgers. 5.Only the values from the leading
ledger are sent to CO. 6.The leading area in Asset
Accounting (depreciation area 01) must be posted to the
leading ledger. 7.Leading ledger uses the (additional)
local currencies assigned to the company code. 8.Leading
ledger uses the GL Total Table: FAGLFLEXT.

Non-leading ledgers
1.Non-leading ledgers are activated by company code.2.You
can define additional currencies that deviate from those
used by the leading ledger.3.As a second and third currency
of a non-leading ledger, you may only use currency types
that you have already assigned to the relevant company code
for the leading ledger.4.You can define a fiscal year
variant that differs from the leading ledger. If you don't
specify a FYV, the FYV of the company code is automatically
used.5.You can also define a posting period variant that
differs from the leading ledger.6.Separate document types
and number ranges can be defined for non-leading ledgers by
users, to ensure continuity in ledger numbering.7.Non-
leading ledger updates the profit center, segment.8.The non-
leading ledgers are used as parallel ledger together with
the leading ledger. This can be used to apply different
accounting standards, such as IAS/IFRS or US-GAAP

Answer / mano

the advantage of new gl is 1. maintain parallel ledger
2. integrated and management reporting.ng
3. segment reporting
4. cost of sales accountig.
the difference of these the leading ledger follows IAS
Non leading ledger as follows IFRS.

Do you know client copy?

3 Answers   IBM,

---

What is allocation price variance? : co- cost center accounting

0 Answers  

---

What are terms of payments and where are they stored?

0 Answers  

---

If invoice amount is USD 1000 @Rs.62 and directly posted at Rs.62000 on 01-01-2014 and paid amount is USD1000 @Rs.64 and posted amount is Rs.64000 on 10-01-2014. Where will go the Rs.2000 amount. And what are all entries.

3 Answers   Cap Gemini,

---

What is characteristic derivation in profitability analysis module?

0 Answers  

---

Is it possible to default certain values for particular fields?

0 Answers  

---

what is difference between posting period and fiscal year variant?

8 Answers  

---

How can we implement sap project from different places?

0 Answers  

---

I have blocked the Vendor Invoices in SAP at the time of preparing them in F-43 but when I have tried to Unblock them in FBL1N then system is just showing them they are blocked and not giving me the option to unbleck them. please help me out?

1 Answers  

---

Hi Friends, I have configured the tax on sale and purchase, if I select “calculate taxes on net amount” in editing option then it calculate the tax correctly. But I want to calculate the tax out of gross amount of the invoice. For example I get a invoice for Rs. 20,000/- and now I want to calculate the tax out of Rs. 20,000/- (20000/1.04=19230 taxable amount and tax is 770/-). I would be appreciate if any body can help me in this regard and tell me the configuration of the same. Regards Anil Kumar

2 Answers  

---

What is Group Currency and Hard Currency?

4 Answers  

---

What is account based profitability analysis? : cost center accounting

0 Answers  

---