Transaction Manager and New General Ledger 

Use

You use the general ledger to portray parallel accounting. You can make postings in ledger for each valuation area and accounting principle.

Prerequisites

·        You have completed the Customizing of the valuation areas in the Transaction Manager under General Settings  → Accounting → Organization  → Define Valuation Areas.

·        You have activated general ledger accounting.
For more information, see Activating General Ledger Accounting.

·        You have made the required settings for parallel accounting with parallel ledgers.
For more information, see Parallel Accounting in Treasury and Risk Management

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If you use customer accounting from the Transaction Manager (TR-TM), you will need to make additional settings. For more information, see Making Settings for Parallel Ledgers.

Activities

If you want to use parallel ledgers, you make the following settings:

·        Assign accounting principles to the corresponding valuation areas. In Customizing, choose Transaction Manager → General Settings → Accounting → Organization → Assign Accounting Codes and Valuation Areas.

·        Assign the accounting principle to a ledger group. In Customizing, choose Financial Accounting (New) → Financial Accounting Global Settings (New) → Ledgers → Parallel Accounting → Assign Accounting Principle to Ledger Groups.