Configuration for Ledger in S/4 HANA System

Introduction

In this blog post you are going to learn about,

• Creation of Currency Setting for Company Code

• Leading Ledger configuration

• Creating Non Leading ledger
• Creating Extension Ledger

• Assign Accounting principle to Ledger Group

Tcode – FINSC_LEDGER.

2.1) Select 0L and Click Company Code for Ledger

3. To create Non Leading ledger

3.1) Click on “New Entries”

Fill all the necessary details

Save

3.2) Select the row and double click on Company Code for Ledger

3.3) Click on “New Entries”

• Enter Company code and press enter
• All the details will be automatically filled.

Save it.

3.4) Click on Accounting principles

3.6) Click on “New entries”.

Fill your custom or standard Accounting principle.

Save.

4. To Create Extension Ledger

4.1) Click on “New Entries”

4.2) Fill necessary details

Save

4.3) Select the row and double click on Company Code for Ledger

• Delete All except own company code from your extension ledger group
• Enter Company code and press enter
• All the details will be automatically filled.

5. Assign Accounting principle to Ledger Group

Save.

Conclusion

Here, we have learned,

• Currency settings for your company code (Group currency setting)
• Setting up Leading, Non-Leading and Extension ledger for your company code
• To assign Accounting principle to Ledger groups

Lets catch up with another interesting topic in next blog !

Thank you

Please be noted, that you are free to use your own company codes and other details. What I have used is purely for demo purpose.