The business object Consolidation ledger is a ledger that is
defined for the representation of value movements for consolidation purposes.
A distinction is made between, on one hand, the actual ledger of
consolidation, in which the postings to be recorded in the individual
financial statements, such as standardizing entries or intercompany
eliminations, are made at the consolidation unit level, and, on the other hand, a company code-related ledger for the transfer of
individual financial statement data from financial accounting.
In dependence upon the selected transfer procedure, the individual
financial statement data that is posted in financial accounting is
already updated at the consolidation unit level at the point in time when the posting is made in the consolidation ledger.
Alternatively, the company code-related ledger can be used for transfer parallel to the general ledger.
Its transaction figures are differentiated according to the requirements of consolidation. The updating is performed through
postings in general ledger accounting. Thereby the additional information necessary for consolidation (for example, the trading
partner) is also given.
The values of the company code-related transaction figures are periodically transferred to the consolidation unit-related ledger.