Ledger Sets

Ledger Sets

             

               Ledger set is collection of ledgers which are going to share the same chart of accounts and calendar. Once we define a ledger set system internally generate a data access set with the same name as ledger set, with full ledger data access set.

Steps required for defining ledger set:

                Step1:

                                Define ledger sets

Navigation:

                Setup => financials => ledger sets

1.       Navigate to ledger sets window.

2.       Enter ledger set name.

3.       Enter short name.

4.       Select chart of accounts.

5.       Select calendar.

6.       Select default ledger (optional).

7.       Select ledger/ledger set.

Step2:

        Assign ledger set to GL responsibility by using GL data access set profile option.