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difference between leading and non-leading ledger in sap fico?

Answer Posted / kalpana

Leading ledger is the based up on same accounting principles(which ever use the company code) as that concolidated financial statement,nonleding ledger parelel ledger the acounting principles.
Ex: If ur companu located diferent countries if you wat the see the reports for difernt coountries and diferent curency throw leding& nonleading ledgers its possible.
EX:your company maintain the fiscal year Apr-march ur company code located in India and another company code located in another country like US their fiscal year Jan to Dec)like that Leding ledger is the ur company code India nonleding ledger is the US.

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