Parallel Accounting in Loans
Management 
Use
To
portray parallel accounting in 
Loans Management
(FS-CML), you can use additional accounts or parallel ledgers (see Portraying
Parallel Accounting).
Using
parallel
valuation areas, you can manage and valuate loan positions in accordance
with one or more accounting principles, such as IFRS or US GAAP.
Prerequisites
To use parallel accounting with parallel ledgers, you need to have made the following settings in Customizing:
· The Customizing settings for parallel valuation areas must be complete in Loans Management.
· You have activated General Ledger Accounting (New) with multiple ledgers (see Activating General Ledger Accounting).
In the parallel valuation areas, you can assign the reconciliation account of the debtor. With this posting, no other open items are generated; instead, just one G/L account posting is generated in the non-leading ledger or ledgers. Furthermore, you have made the settings for the reconciliation account.
Activities
To use parallel ledgers, make the following settings in the Implementation Guide:
...
1. Define Accounting Principles
For this, choose in the Implementation Guide Financial Accounting (New) ® Financial Accounting Global Settings (New) ® Ledgers® Parallel Accounting ® Define Accounting Principles.
2. Assign Accounting Principle to Ledger Groups
For this, choose in the Implementation Guide Financial Accounting (New) ® Financial Accounting Global Settings (New) ® Ledgers® Parallel Accounting ® Assign Accounting Principle to Ledger Groups.
3. Assign Accounting Principle for Operational Valuation Area
For this, choose in the Implementation Guide SAP Banking ® Loans Management ® Functions ® Accounting ® Basic Settings ® Assign Accounting Principles to Company Code.
4. Assign Accounting Principle for Parallel Valuation Areas
For this, choose in the Implementation Guide Transaction Manager ® General Settings ® Accounting ® Organization ® Assign Accounting Codes and Valuation Areas.