Making Settings for Parallel Ledgers 

Use

If you want to do parallel accounting with parallel ledgers in Transaction Manager you must make some system settings in addition to the general settings.

Prerequisites

The following requirements and procedures are necessary if you want to use parallel ledgers in Transaction Manager:

·        You must have made general settings as described in Transaction Manager und New General Ledger.

·        The new general ledger is switched to active; several ledgers are addressed

·        Posting in leading ledger to customer account

·        Postings in other non-leading ledgers directly to the reconciliation account

Procedure

1. Define new posting specifications

Define new posting specifications to enable account determination for the customer and reconciliation accounts.

                            a.      In Customizing, choose Transaction Manager → General Settings → Accounting → Link to Other Accounting Components → Define Account Determination.

                            b.      Select the relevant chart of accounts.

                            c.      Copy the posting specification relevant for you and change the name to AXXX for posting to reconciliation accounts and DXXX for posting to customer accounts.

                            d.      Define posting keys for general ledger postings for the posting specifications of reconciliation accounts and assign an account symbol with posting category 2 (subledger posting in payment currency). Postings will now be made to the reconciliation account defined in the customer master record.

                            e.      For posting to the customer account, you will also need to assign an account symbol with posting category 2 (subledger posting in payment currency). In addition, define a posting key for a customer account posting.

2. Assign update type to posting specifications (without restriction to a certain valuation area)

Assign the newly defined posting specifications for posting to reconciliation accounts (AXXX) to the relevant update types and set the payment transaction indicator.

3. Assign update type to posting specifications for leading valuation area (post to customer account)

Assign the newly defined posting specifications for posting to customer accounts (DXXX) for the leading valuation area to the relevant update types and set the payment transaction indicator. 

See Transaction Manager and New General Ledger.