What is non-leading ledger in SAP FI-GL - General Ledger Accounting?

SAP Term: non-leading ledger

• Component: FI-GL

• Component Name: General Ledger Accounting

• Description: Parallel Accounting: When parallel ledgers are used, one of them must be specified as the leading ledger see the entry for "leading ledger". The other parallel ledgers then become non-leading ledgers. Non-leading ledgers are always standard ledgers. &EXAMPLE& You want to perform settlement using the accounting principle applied at the corporate group level with the leading ledger as well as using a locally-applicable accounting principle with a non-leading ledger.

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• Key Concepts: 
  A non-leading ledger is a type of ledger in SAP's FI-GL General Ledger Accounting component. It is used to store and manage financial data that is not used for reporting purposes. This data can include information such as cost centers, profit centers, and other non-financial data. 
  
  How to use it: 
  Non-leading ledgers are used to store and manage non-financial data in SAP's FI-GL General Ledger Accounting component. This data can include information such as cost centers, profit centers, and other non-financial data. To create a non-leading ledger, you must first create a leading ledger in the system. Once the leading ledger is created, you can then create a non-leading ledger by selecting the “Create Non-Leading Ledger” option from the menu. 
  
  Tips & Tricks: 
  When creating a non-leading ledger, it is important to ensure that the data stored in the ledger is accurate and up to date. This will help ensure that the financial reports generated from the system are accurate and reliable. Additionally, it is important to ensure that all of the necessary fields are filled out correctly when creating a non-leading ledger. 
  
  Related Information: 
  For more information on SAP's FI-GL General Ledger Accounting component, please refer to SAP's official documentation or contact your local SAP representative. Additionally, there are many online resources available that provide detailed tutorials and guides on how to use this component.