Define Ledger Group

[Former Member]

SAP Experts,

I have some question on ledger group...below is the config of our non leading ledger.

SPRO->Financial Accounting (New)->Financial Accounting Global Settings (New)->Ledgers->Ledger->Define Ledger Group.

We have 2 Co codes one is of US which is having leading Leger 0L

and the other is of country india which is having non leading ledger 1I. but in the ledger group there are 2 ledgers groups

1. Ledger Group (I1) - India GAAP Ledger

2. Ledger Group (I2) - India GAAP Ledger ( 0L & I1)

I know the concept of Leading Ledger 0L, and also I1 that is Indai GAAP ledgers...but not sure what is the use of I2. I mean when this other ledgers come into picture.

Edited by: Gabriel Borde on May 31, 2011 5:53 PM

[Former Member · Accepted solution]

Dear Gabriel,

If you check few SAP configuration settings you assign a ledger group rather tahn a ledger. Please check transaction in SPRO>Financial Accountinge(New)>Asset Accounting>Integration with General Ledger>Define how Depreciation Area post to General ledger. This is the place where you assign ledger group which will essentially mean that all legers assigned to ledger group shall have the posting when a posting flows from asset accounting in respective depreciation area.

I hope now this makes sence for you.

Thanks!!!

Murlidhar Khatri

[sanilbhandari · Accepted solution]

Hi

Most likely, the Ledger group has been created wrongly, during config.

Regards

Sanil