OL Ledger

[Former Member]

hi

Can u explian what is the use of OL

[Former Member]

Hi All

Can any one tell me what is difference between Leading Leadger & Special Purpose Ledger.

Thanks in Advance

[Former Member]

after activation new general ledger in the system, system firsyly update the information leading ledger. only one leading ledger can be defined in the ysstem. on the other many other non-leading ledger can be defined in the system for parallel accounting purpose.

Regards

[Former Member]

HI

OL is must .

where it is used

pls explain me

[Former Member]

SPRO

-.FINANCIAL ACCOUNTING (NEW)>FINANCIAL ACCOUNTING GLOBAL SETTING (NEW).LEDGERS>LEDGERDEFINE LEDEGER FOR GENERAL LEDGER

Transactional data is updated in the table " FAGLFLEXT" , you can select the data as per leading/non-leading ledger

Message was edited by:

MSiddique

[Former Member]

Hi

It is used by SAP for data storing, It is like ledger 8A in profit center. This can be used for reporting purpose later, May be using report painters.

Anand

[Former Member]

Hi

OL is the leading ledger used for regular updation. We can say this to be basic books of acounts used for legal reporting for company law.

Anand