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Former Member

Additional ledger constrain in New asset accounting for S4 HANA

Hi Friend,

My company is in Hana on cloud and we are planning to go for S/4 HANA Finance ( Simple finance) next year July. For S/4 Hana Finance we have to move to new asset accounting from classic asset accounting. According we have decided to move with the ledger approach with new asset accounting.

My client is a UK based company with legal entities spread across the countries.

For legal reporting we follow the April to March reporting period for all company codes but for local reporting we have to abide by country specific tax requirement. For example countries Russia and Mexico the leading ledger(0L)  is maintained in April to March fiscal year but for local report Jan to December fiscal year is maintained.

Hence at the time of migration of Chart of depreciation ( one of the step post installation of Simple finance alias SFin 1503 alias S/4 Hana Finance) , system gives a error message start and end end of the leading and non leading ledger is not same. As with new asset accounting there will be real time posting in both the books (i.e leading and non leading ledger) . SAP has recently introduced a note with more clarity on the topic. The SLO service mentioned in the note is a work around to abide by the issue of asset accounting rather can completely solving.

SAP note 2220152 - Ledger approach and Asset Accounting (new): Non-calendar fiscal year variant for parallel valuation

Good to have your view on the same as we are stuck.

Regards

Shikha

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1 Answer

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    Former Member
    Dec 01, 2015 at 06:20 PM

    Hi Shikha,

    You can perform the steps outlined in the note 2220152 and issue will be resolved. Unless you have different start and end date between 0L and Non leading ledger you need not have to go with SLO service.

    Defined a ledger group and assign a ledger (create a dummy one) which has the same fiscal year variant as leading ledger and add the non leading ledger and assign this ledger group to your parallel depreciation area and issue will be resolved.

    Regards,

    Vikash

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    • Former Member

      Hi Vikash,

      The reason we are stopping is because for Russia legal entity we have a different fiscal year in leading and non leading ledger.

      Current scenario

      Ledger Group Representative ledger FYV Additional Ledger FYV of Add Ledger Accounting Principle 0L 0L Z4 - - IFRS Z2 Z2 ZZ LOCL

      To fix we need to create additional ledger Z1 with fiscal year as April to Mar (same as per leading) and make that as representative ledger and assign in the ledger group with the old non - leading Ledger

      Ledger Group Representative ledger FYV Additional Ledger FYV of Add Ledger Accounting Principle 0L 0L Z4 - - IFRS Z3 Z1 Z4 Z2 K4 LOCL

      This entire configuration needs to be done before the simple finance installation as SAP suggest to populate values in the new Z1 Ledgers before the table structure changes in S/4 Hana Finance.

      But the bottleneck is SAP suggests an SLO service which in simple term is Table update is not sure to resolve this. This is a work around for asset accounting to work.

      Also the source ledger for Z1 to copy values cannot be Z2  ledger as the fiscal year variant for them is not same neither it cant be 0L Ledger due to local statutory reporting posting made only in non leading ledger. This becomes a stop stopper for S4 Hana Finance.

      Regards

      Shikha