Only very few automatic processes work with extension ledger (GL allocations).No postings to GL accounts with open item items management.
No postings to vendor or customer reconciliation accounts.However, in contrast to the standard ledger, the extension ledger is not integrated with subsi diary ledgers and m any crucial finance processes such as asset processes and open items are not support ed. General ledger Allocations ( FAGLGA15, FAGLGA11, FAGLGA31, FAGLGA35) work on top of the extension ledger.transactions FB50L, FB01L, KB1, KB41, or corresponding FIORI app s such as Post General Journal Entries) It still has many limitations in terms of functionalities. It is important to realize that the extension ledger is not a replacement for the standard parallel ledger. Replacement of standard ledger with extension ledger Reduced data footprint – as only delta values are kept in the extension ledger.This is true for new FIORI analytical apps and classical SAP GUI reports as well. Reuse of existing reports – All reports supporting standard ledgers also work with extension ledger.You can activate or deactivate the extension ledger in a productive system anytime during the year without having to migrate data as it is the case with the standard ledger. , This is enabled by the extension ledger concept, as it just inherits the historical data of the underlying ledger. Setting up new extension ledgers is easy, it is not necessary to perfo r m any kind of data migration, only the configuration is needed. Flexibility – T his is probably the biggest advantage of an extension ledger when compared to standard ledgers.You may also come across the so-called valuation extension ledger V -Journal Entries for valuation di fferences, which is not ready yet but was made visible in the configuration by mistake. S – Line items with technical numbers/deletion possible ( former Simulation) – stores journal entries with technical numbers only, without document numbers.Use cases – predictions, commitments, statistical sales conditions. They cannot be deleted and have to be reversed when required. P – Line items with technical numbers /no deletion possible ( former P rediction ) – stores journal entries with technical numbers only, without document numbers.Use cases – management adjustments, tax adjustments, realignments These journal entries cannot be deleted and have to be reversed when required. Standard Journal Entries – stores journal entries with real document numbers.Anytime you report on the extension ledger, data from the underlying ledger are always accessed and displayed together with delta posting.īased on what kind of journal entries you want to post to the extension ledger, you can define 3 extension ledger types: The postings to the underlying ledger also apply to the extension ledger. As a delta posting is meaningful only in combination with the or i ginal posting, the extension ledger always must have a standard ledger assigned as an underlying ledger. It means that only difference s between valuations are posted in to the extension ledger. The e xtension ledger, in contrast to the standard parallel ledger, is a delta ledger. In SAP S /4HANA, we have a new type of ledger – an extension ledger. At the moment, parallel l edger s are supported fully in General Ledger and Fixed Asset Accounting, but the vision is that all finance applications based on the universal journal will be able to work with parallel ledgers. This means that all postings relevant to the specific valuations are always posted fully. These parallel ledgers are always managed as complete ledgers. Then you have parallel ledgers which are called non-leading ledgers. There are 2 types of ledgers – leading ledger which is integrated with all subsidiary ledgers and controlling. Starting from SAP ERP with newGL you can use standard ledger functionality where a separate ledger is kept in the system for each accounting standard. Due to different regulations and requirements, the majority of companies today publish financial statements according to multiple accounting standards in parallel. You are probably well aware of standard ledger functionality in SAP ERP. However, before we start, we will need to understand what is an extension ledger. These use cases will give you a clear idea about extension ledger usage. In this blog post, I will give you an overview of extension ledger use cases in the latest release of SAP S/4HANA On-Premise and S/4HANA Cloud, private edition.
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