Answer Posted / sai vardhan

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

Non-leading ledgers
Non-leading ledgers are activated by company code.
You can define additional currencies that deviate from those used by the leading ledger.
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.
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.
You can also define a posting period variant that differs from the leading ledger.
Separate document types and number ranges can be defined for non-leading ledgers by users, to ensure continuity in ledger numbering.
Non-leading ledger updates the profit center, segment.
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

What is the impact on the old balance when the reconciliation account in the vendor master is changed?

1126

---

What are group assets?

947

---

What is a mixed cost? : co- cost center accounting

1004

---

What is a contract? : fi- accounts payable

1091

---

What is the new fi-gl in fi in ecc? : fi- general ledger

1077

---

What is a company code, and how is this different from a company?

998

---

Someone kindly explain to me where can i set up in vendor master Cost Center / Business Center / Segments Optional, please help freind. i cant find out. i waiting for my sap group freinds valid responds

1969

---

how do you capitalize auc in sap? : fi- asset accounting

1049

---

What is the difference between "costing based" (cb) and "account based" (ab) co-pa ?

1041

---

Is there any possibility to copy (into secondary storage devise) the data of company . Please advise

1897

---

What are document types ?

1032

---

When entering foreign currency fi transactions describe the various ways in which the exchange rate is derived by sap?

999

---

What is direct activity allocation? : co- cost center accounting

1055

---

How do you open and close periods?

988

---

What are user exits and name an example where one could be used in the fi/co modules?

941

---