Hi Raghav,
Hi Raghav,
The main impact of parallel ledger it is that balance sheet have to be created according accounting principles. This is because many customers has a lot of countries and many countries has your own accounting principle like UKGAAP or USGAAP.
So accounting principle has to be respected. The advantages to work with with many ledgers it is because you can assign to a accounting principle. Each customer has a leading ledger but many non-leading ledger just to work with parallel accounting. There's no limit to create a non-leading ledger.
Just the leading ledger has a connection with CO component and for the non-leading ledgers, you can use different fiscal exercise variant from leading ledger. Also, you can create differents scenarios like PCA, business area and some fields.
So, other company codes won't be affected. You've to create another accounting principle if other company codes aren't in China because this company code must has a balance sheet.
This new company code will be assigned to a leading ledger and this you can't avoid. You can create a non-leading ledger group and assign this new company code. It is mandatory to select a leading ledger in this group but if it is unique, then this will be a leading ledger. Remember that any document posted in the ledger group, all the ledgers will be posted with this document.
Just FB01L or FB50L can post in the ledger group.
JPA