The accounting principle and valuation areas needs to be modified to post the data automatically to parallel ledgers. In this process, accounting principle needs to be assigned to ledger groups once the accounting principle is defined.

Assigning Accounting Principles to Ledger Groups: -

Below process is to assign Accounting Principle (TCAP) to Ledger Group (LG).

Step-1: Enter the transaction code S_PL0_86000070 in the SAP command field and click Enter to continue.

(OR)

Enter the transaction code SPRO in the SAP command field and click Enter to continue.

Click on SAP Reference IMG.

Expand SAP Customizing Implementation Guide → Financial Accounting (New) → Financial Accounting Global Settings (New) → Ledgers → Parallel Accounting → Assigning Accounting Principle to Ledger Groups. Click on Execute.

Step-2: In the next screen, select activity New Entries on the application bar.

Step-3: In the next screen, enter the below details.

• Accounting Principle – Specify unique accounting principle name (4-digit alphanumeric)
• Name/Description of Accounting Principle – Specify the description of accounting principle

Step-4: Once all the details entered, click on the Save button to save the changes.

Step-5: It prompt for the Change Request. Create/Select the change request and Click on right mark to proceed.

Step-6: Status bar displays the below message once the accounting principles assigned to ledger group successfully.

Technical Information: -

• Transaction Code: - S_PL0_86000070
• Navigation path: - SPRO → SAP Reference IMG → SAP Customizing Implementation Guide → Financial Accounting (New) → Financial Accounting Global Settings (New) → Ledgers → Parallel Accounting → Assigning Accounting Principle to Ledger Groups