Settlement to AUC in leading ledger only and not local and tax ledgers

[Former Member]

Hi FI Gurus,

I would like to find out if it is possible to do settlement from a WBS

to an AUC to settle ONLY to a Leading Ledger and NOT to a Local Ledger

and Tax Ledger with the New GL Active.

Please advise and full points will be awarded.

Thanks,

Themba

[Former Member]

Hello all, I have the similar problem, but slightly different.

We have three ledgers (and corresponding depreciation areas):

0L  - IFRS

K1 - RAS (local)

K2 - Tax

For K2 i set up capitalization code with capitalization level 25% for all cost elements.

FB60 posted value of costs 10 USD on WBS element.

Periodic settlement in CJ88 posted similar posting in all three ledgers:

Dt 08   Ct 39   - 10 USD

In depreciation area for K2 sum 2,5 USD was capitalized - it is correct. In others 10 USD was capitalized.

Then I run ASKBN - this transaction creates postings in non-leading ledgers: K1 and K2

For K1:

Dt 08   Ct X08   - 10 USD

For K2:

Dt 08   2,5 USD.

Dt 91-differences account  7,5 USD

Ct X08 10 USD

Account X08  it is an Acquisition contra account.

Capitalized values in depreciation areas are correct 10, 10,  2,5 USD

In think two last postings are incorrect because there are a dublicates of Dt 08 turnovers.

Could you please tell me what should i do to post settlement only in leading ledger 0L, but then I'm able to post through ASKBN in non-leading ledgers.

Thank you!

[Former Member]

Hi,

Basicly when running settlement from WBS to AUC...we only want to update Leading Ledger values.

Please advise if it is possible.

Thanks,

Themba

[Former Member]

Hi, basicly, you can assign to depr area(01) only leading ledger, and deactivate other depr areas for this asset.

[Former Member]

But you need test it, because I've never done it (because posting to leading ledger you post to all parallel ledger in FI) If it's not working then post to all ledger,then adjust value for all non leading ledger with contrary amount

[Former Member]

Hi,

Can you please elaborate more on your reply.

Thanking you in advance.

BR,

Themba

[Former Member]

Hi, you can find doc here IMG -> Financial Accounting (New) -> Asset Accounting -> Valuation -> Depreciation Areas -> Set Up

Areas for Parallel Valuation

If you want to settle one time, then I don't think it's possible.

[Former Member]

Hi, you can assign to depr area group of ledger.