Academy · Finance · 300 Professional
Parallel Accounting and Multiple Ledgers
Explains how SAP S/4HANA supports more than one accounting principle at once, with the ledger approach (leading and non-leading ledgers, ledger groups) and the accounts approach (parallel accounts in one ledger), including the effect on Asset Accounting depreciation areas. Shows how to post ledger-specific adjustments, reconcile ledgers and test that every difference between them is explained by design.
- 37 minutes
- 5 lessons + quiz
- Finance Practitioner
What you’ll be able to do
- Compare ledger and accounts approaches
- Post a ledger-specific adjustment
- Explain how depreciation areas map to ledgers
- Reconcile results between ledgers
- Test parallel accounting outputs
Sources and further reading
- Posting Ledger Group-Specific FI Documents · SAP Learning
- Parallel Accounting in Asset Accounting · SAP Learning
- Parallel Ledgers including Extension and Simulation Ledger in SAP S/4HANA Cloud Public Edition (live session) · SAP Learning
- Managing the Foreign Currency Valuation · SAP Learning
- Implementing Financial Accounting in SAP S/4HANA (learning journey) · SAP Learning
- SAP S/4HANA product documentation (on-premise / Cloud Private Edition) · SAP Help Portal