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What is the differance between Leading,non leading ledger
in 6.0 with parlell ledger in 4.7? how it will useful in
6.0 then 4.7?
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Answer Posted / 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
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