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?

Answers were Sorted based on User's Feedback



What is the differance between Leading,non leading ledger in 6.0 with parlell ledger in 4.7? how i..

Answer / 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

Is This Answer Correct ?    17 Yes 0 No

What is the differance between Leading,non leading ledger in 6.0 with parlell ledger in 4.7? how i..

Answer / mano

the advantage of new gl is 1. maintain parallel ledger
2. integrated and management reporting.ng
3. segment reporting
4. cost of sales accountig.
the difference of these the leading ledger follows IAS
Non leading ledger as follows IFRS.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

Give me one scenario where you mapped as is with to be

2 Answers  


what is the debt recovery management.what is use in Sap. If you are Implementing debt recovery management so what is basic thing.Means how to run I humbly requested please provide the Answer & All the basic thing

2 Answers   Cap Gemini,


Hi everyone, Im looking for contact numbers of Ravikumar(reliance global services), sathyanarayana(ilogic, compu learn). It would be great help if anyone can help me in finding above persons number. Actually Im looking for product costing online training, your suggestion are welcome....Thanks.

2 Answers  


what is year dependent fiscal year?

5 Answers  


Hi i am MBA-Finance guy, was working with J P Morgan for one n half yrs, i have decided to move to SAP and so preparing for FICO on my own for the last one month.....dont know which are all the area i should cover before the interview...is it enough if i cover the basic configurations of GL,AP,AR and Asset Accounting or which are other areas?....hw for i should b through in the above mentioned areas...and also i dont want to waste time by preparing at home for a long time... how should i prepare....your advice is appreciable.

3 Answers  






Differentiate between chart of account and operation chart of account

0 Answers  


What are the basic steps to using the fi module?

0 Answers  


Period not open for a/c type S :- Guys, I have not been able to fix this out. Please guide what procedure to be followed. error: ''''Period 001/2011 is not open for account type S and G/L 799999''''. I''ve checked OB52 screen but not very sure what amendments to be done.

2 Answers  


What is the use of CIN Configuration? And How could I configure it?

2 Answers  


How do you identify a document?

12 Answers  


What is meant by a “baseline date” in sap ar and ap?

0 Answers  


How AP/AR Mater Data field control?

4 Answers  


Categories
  • SAP Basis Interview Questions SAP Basis (1262)
  • SAP ABAP Interview Questions SAP ABAP (3939)
  • SAPScript Interview Questions SAPScript (236)
  • SAP SD (Sales & Distribution) Interview Questions SAP SD (Sales & Distribution) (2716)
  • SAP MM (Material Management) Interview Questions SAP MM (Material Management) (912)
  • SAP QM (Quality Management) Interview Questions SAP QM (Quality Management) (99)
  • SAP PP (Production Planning) Interview Questions SAP PP (Production Planning) (523)
  • SAP PM (Plant Maintenance) Interview Questions SAP PM (Plant Maintenance) (252)
  • SAP PS (Project Systems) Interview Questions SAP PS (Project Systems) (138)
  • SAP FI-CO (Financial Accounting & Controlling) Interview Questions SAP FI-CO (Financial Accounting & Controlling) (2766)
  • SAP HR (Human Resource Management) Interview Questions SAP HR (Human Resource Management) (1180)
  • SAP CRM (Customer Relationship Management) Interview Questions SAP CRM (Customer Relationship Management) (432)
  • SAP SRM (Supplier Relationship Management) Interview Questions SAP SRM (Supplier Relationship Management) (132)
  • SAP APO (Advanced Planner Optimizer) Interview Questions SAP APO (Advanced Planner Optimizer) (92)
  • SAP BW (Business Warehouse) Interview Questions SAP BW (Business Warehouse) (896)
  • SAP Business Workflow Interview Questions SAP Business Workflow (72)
  • SAP Security Interview Questions SAP Security (597)
  • SAP Interfaces Interview Questions SAP Interfaces (74)
  • SAP Netweaver Interview Questions SAP Netweaver (282)
  • SAP ALE IDocs Interview Questions SAP ALE IDocs (163)
  • SAP Business One Interview Questions SAP Business One (110)
  • SAP BO BOBJ (Business Objects) Interview Questions SAP BO BOBJ (Business Objects) (388)
  • SAP CPS (Central Process Scheduling) Interview Questions SAP CPS (Central Process Scheduling) (14)
  • SAP GTS (Global Trade Services) Interview Questions SAP GTS (Global Trade Services) (21)
  • SAP Hybris Interview Questions SAP Hybris (132)
  • SAP HANA Interview Questions SAP HANA (700)
  • SAP PI (Process Integration) Interview Questions SAP PI (Process Integration) (113)
  • SAP PO (Process Orchestration) Interview Questions SAP PO (Process Orchestration) (25)
  • SAP BI (Business Intelligence) Interview Questions SAP BI (Business Intelligence) (174)
  • SAP BPC (Business Planning and Consolidation) Interview Questions SAP BPC (Business Planning and Consolidation) (38)
  • SAP BODS (Business Objects Data Services) Interview Questions SAP BODS (Business Objects Data Services) (49)
  • SAP BODI (Business Objects Data Integrator) Interview Questions SAP BODI (Business Objects Data Integrator) (26)
  • SAP Ariba Interview Questions SAP Ariba (9)
  • SAP Fiori Interview Questions SAP Fiori (45)
  • SAP EWM (Extended Warehouse Management) Interview Questions SAP EWM (Extended Warehouse Management) (58)
  • Sap R/3 Interview Questions Sap R/3 (150)
  • SAP FSCM Financial Supply Chain Management Interview Questions SAP FSCM Financial Supply Chain Management (101)
  • SAP WM (Warehouse Management) Interview Questions SAP WM (Warehouse Management) (31)
  • SAP GRC (Governance Risk and Compliance) Interview Questions SAP GRC (Governance Risk and Compliance) (64)
  • SAP MDM (Master Data Management) Interview Questions SAP MDM (Master Data Management) (0)
  • SAP MRS (Multi Resource Scheduling) Interview Questions SAP MRS (Multi Resource Scheduling) (0)
  • SAP ESS MSS (Employee Manager Self Service) Interview Questions SAP ESS MSS (Employee Manager Self Service) (13)
  • SAP CS (Customer Service) Interview Questions SAP CS (Customer Service) (0)
  • SAP TRM (Treasury and Risk Management) Interview Questions SAP TRM (Treasury and Risk Management) (0)
  • SAP Web Dynpro ABAP Interview Questions SAP Web Dynpro ABAP (198)
  • SAP IBP (Integrated Business Planning) Interview Questions SAP IBP (Integrated Business Planning) (0)
  • SAP OO-ABAP (Object Oriented ABAP) Interview Questions SAP OO-ABAP (Object Oriented ABAP) (70)
  • SAP S/4 HANA Finance (Simple Finance) Interview Questions SAP S/4 HANA Finance (Simple Finance) (143)
  • SAP FS-CD (Collections and Disbursements) Interview Questions SAP FS-CD (Collections and Disbursements) (0)
  • SAP PLM (Product Lifecycle Management) Interview Questions SAP PLM (Product Lifecycle Management) (0)
  • SAP SuccessFactors Interview Questions SAP SuccessFactors (33)
  • SAP Vistex Interview Questions SAP Vistex (0)
  • SAP ISR (IS Retail) Interview Questions SAP ISR (IS Retail) (28)
  • SAP IdM (Identity Management) Interview Questions SAP IdM (Identity Management) (0)
  • SAP IM (Investment Management) Interview Questions SAP IM (Investment Management) (0)
  • SAP UI5 Interview Questions SAP UI5 (59)
  • SAP SCM (Supply Chain Management) Interview Questions SAP SCM (Supply Chain Management) (51)
  • SAP XI (Exchange Infrastructure) Interview Questions SAP XI (Exchange Infrastructure) (49)
  • SAP Cloud Platform Interview Questions SAP Cloud Platform (34)
  • SAP Testing Interview Questions SAP Testing (89)
  • SAP SolMan (Solution Manager) Interview Questions SAP SolMan (Solution Manager) (63)
  • SAP MaxDB Interview Questions SAP MaxDB (116)
  • SAP GUI Interview Questions SAP GUI (15)
  • SAP AllOther Interview Questions SAP AllOther (329)