LEDGER

LEADING LEDGER

• Two additional currencies apart from Local Currency
• Fiscal year variant
• Posting period variant

Only the values from the leading ledger are posted to CO in standard system

Currency Type:

Group currency: Group currency is the currency which is specified in the 
client table or which is to be entered there.

Hard Currency: Hard currency is a country-specific second currency which is used in countries with high inflation.

Index-based currency: Index-based currency is a country-specific fictitious currency which is required in some countries with high inflation for external reporting (for example, tax returns).

Global company currency: Global company currency is the currency which is used for an internal trading partner. Maintaining the two parallel currencies would highly impact the system performance as the system is preparing additional two ledgers, besides the normal ledger.

Index-based currency and Hard currency are maintained at country key level (T.code: OY01)

Group Currency will update from the client currency (T.code: SCC4).

Global Company currency is maintained at company level (T.code: OX15)


NON-LEADING LEDGER
Currency types in non-leading should be in line to leading ledger currency types i.e, currency types maintained at leading ledger and non-leading ledger are same.