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Former Member
Feb 17, 2009 at 01:28 PM

Parallel Ledger Setup

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Here is my understanding of how Parallel Ledgers are setup within ECC 6.0. Please let me know if there is anything wrong with my initial understanding:

Define accounting principles and assign them to ledger groups. Assignment of accounting principle to ledger group is a 1:1 relationship

Ledger groups when initially created contains the ledger of the same name. Multiple ledgers can be assigned to a ledger group. What are the restrictions on how many or what types of ledgers can be assigned to a ledger group?

Company Codes are assigned to each ledger. What are the restrictions on how many or what types of company codes can be assigned to a ledger?

I would appreciate any advice on how to conceptually understand parallel ledger configuration.