Use Ledger-Specific Clearing Functionality to Improve Parallel Ledger Accounting Processes

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Use Ledger-Specific Clearing Functionality to Improve Parallel Ledger Accounting Processes

Reading time: 11 mins

From SAP ERP 5.0, SAP offers a parallel ledger solution to enable you to comply with multiple accounting standards. However, there was one inherent limitation: You could not post journal entries for open item managed GL accounts to any specific ledger. With SAP ERP 6.0 enhancement package 3, SAP has provided Clearing Specific to Ledger...

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