Making Settings for Parallel Ledgers in FI-AA 

Use

You can use parallel ledgers to handle parallel accounting. To do so, you have to make settings for the General Ledger Accounting (FI-GL) and for Asset Accounting (FI-AA) components. Here you make the settings for Asset Accounting.

 

For more information, see Parallel Ledgers in Asset Accounting.

Prerequisites

You defined your ledgers and ledger groups. For Asset Accounting, you need a separate ledger for each depreciation area that posts values. For this scenario, therefore, you created one ledger group with the leading ledger for Asset Accounting, along with at least one additional ledger for valuation according to other accounting principles in General Ledger Accounting.

For more information, see Making Settings for Ledgers

Procedure

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For each additional set of accounting principles, you create one real and one derived depreciation area.

Real Depreciation Area:

       1.      In Customizing for Financial Accounting (New), choose Asset Accounting →Valuation → Depreciation Areas → Define Depreciation Areas.

       2.      Assign both depreciation areas to the same ledger group.

The ledger group you assign them to is not allowed to contain the leading ledger.

       3.      In the Posting in G/L field, choose Area Posts Depreciation Only.

Derived Depreciation Area:

It is easiest to create the derived depreciation area using the Wizard.

       4.      In Customizing for Financial Accounting (New), choose Asset Accounting →Valuation → Depreciation Areas → Set Up Areas for Parallel Valuation.

       5.      In the Posting in G/L field, choose Area Posts APC Only. Specify that this derived depreciation area represents the difference between the real depreciation area for parallel accounting and the master depreciation area.

You do not have to set up a separate account set for these new depreciation areas. Instead you use the account set of the master depreciation area. In this scenario, you do not have to create any new accounts in the chart of accounts or in the company code. You also do not have to create a new financial statement version.

Example

For sample settings and examples of functions of the derived depreciation area, see Example: Parallel Accounting and the Derived Depreciation Area.

Investment Support

If you want to handle investment support, you have to create an additional real and an additional derived depreciation area for each accounting principle.

The following table shows a scenario for investment support managed on the liabilities side:

Dep. Area	Name	Posting Indicator	Ledger Group
01	Local accounting principle	Online	LGAP
02	Support based on local valuation	Online	LGAP
30	IFRS	Depreciation only	IFRS
32	Support based on IFRS	Depreciation only	IFRS
60	Adjustment area 30-01	APC only	IFRS
62	Adjustment area 02-32	APC only	IFRS

 

If you also want to set up parallel currencies, then, in this example, you have to add six additional depreciation areas for managing the parallel currencies.