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New AA Concepts

This document outlines the ledger structure and financial reporting for a company. It includes details on the different ledgers used - a leading ledger following US GAAP, an appendix ledger, and a non-leading ledger following local GAAP. It also provides examples of journal entries booked to these different ledgers for transactions in the US and India. Financial information from the ledgers is then consolidated and adjusted for group management and local reporting purposes.

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68 views9 pages

New AA Concepts

This document outlines the ledger structure and financial reporting for a company. It includes details on the different ledgers used - a leading ledger following US GAAP, an appendix ledger, and a non-leading ledger following local GAAP. It also provides examples of journal entries booked to these different ledgers for transactions in the US and India. Financial information from the ledgers is then consolidated and adjusted for group management and local reporting purposes.

Uploaded by

Anonymous uxozDvwY
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Ledger Ledger Group Area Company cPrinciple FY

0L 0L 01 US00 USGAAP 1-Nov-14 31-Oct-15


L1 ZL + L1 36 IN00 LGAAP 1-Apr-15 31-Mar-16
ZL= 0L ZL tech ledger
Classic Posting Key SL Name GL GL Name Value
DEBIT ASSET 100001 1720001 APC Land $10,000
CREDIT VENDOR 400001 2000001 Trade Payables $10,000

GL View
New Posting Key SL Name GL GL Name Value
DEBIT ASSET 100001 1720001 APC Land $2,000
CREDIT 1720099 Tech Clearing Acc $2,000
CREDIT VENDOR 400001 2000001 Trade Payables $2,000
DEBIT 1720099 Tech Clearing Acc $2,000

Dep area New Posting Key SL Name GL GL Name Value


US 01 DEBIT 6000001 Expense $2,000
CREDIT 1720099 Tech Clearing Acc $2,000
CREDIT VENDOR 400001 2000001 Trade Payables $2,000
DEBIT 1720099 Tech Clearing Acc $2,000

IN 36 DEBIT ASSET 100001 1720001 APC Land $2,000


CREDIT 1720099 Tech Clearing Acc $2,000
CREDIT VENDOR 400001 2000001 Trade Payables $2,000
DEBIT 1720099 Tech Clearing Acc $2,000
Posting Key SL Name GL GL Name Value
CREDIT ASSET 100001 1720001 APC Land $2,000
CREDIT 1720099 Tech Clearing Acc $2,000
CREDIT VENDOR 400001 2000001 Trade Payables $2,000
DEBIT 1720099 Tech Clearing Acc $2,000
DEBIT 6000001 Expense $2,000

DEBIT 6000001
CREDIT 1720001
AUC Value
80000 $2,000

AIAB
6000001
01 - $2,000
36 $2,000
0L Leading Ledger USGAAP
copy of 0L A1 Appendix Addional
ZL Non Leading LGAAP
Financials for Group Reporting
Management adjustments
Financials for Local Reporting
Legders Ledger Groups

0L - Leading
0L
A1 - Appenxix
ZL - Non Leading
ZFA
ZF - IFRS
ZFA = A1+ZL
ZF
COD

01 USGAAP LC SM
30 USGAAP GC SM
36 LGAAP LC
52 LGAAP GC
34 IFRS LC
51 IFRS GC

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