3791768 - IFRS on leading ledger 0L with 1GA: Support for 1X9/1XD — SAP S/4HANA Cloud Public Edition

• Clarification requested whether assigning IFRS to leading ledger 0L at ledger level and assigning local Accounting Principle to non‑leading ledger 2l at company‑code level is a supported setup with group ledger IFRS (1GA) active.
• Confirmation requested that scope items 1X9 (Foreign Currency Risk Management – Group Ledger IFRS) and 1XD (Hedge Accounting for FX forward – group ledger IFRS) function correctly with this reversed assignment.
• Clarification requested whether delivered parallel valuation area 002 is bound to the IFRS accounting principle wherever assigned, or specifically to ledger 2l.
• Clarification requested which ledger receives hedge accounting postings (key date valuation, classification, reclassification) under this setup.
• Guidance requested on the procedure and sequence to change assignments when 1X9/1XD are already active.

SAP S/4HANA Cloud Public Edition

• Note that the configuration is supported: using IFRS on leading ledger 0l (ledger level) and a local principle on non‑leading ledger 2l (company‑code level) with 1GA active is supported.
• Adjust accounting principle assignment in SSCUI 103556:

     1. Bind ifrs to leading ledger 0l at ledger level.

     2. Unbind ifrs from ledger 2l at ledger level.

     3. At company‑code level, bind the local accounting principle to ledger 2l for the relevant company codes.

• Activate scope items 1x9 and 1xd after completing the ledger/accounting principle assignment. If they were activated earlier and there is no business data in the system, the standard configuration adjusts automatically.
• Understand posting behavior: hedge accounting transactions (valuation, classification, reclassification) post to the leading ledger, under valuation area 002, in this scenario.
• Observe the prerequisite: the reversed assignment is supported only if the system does not contain any business data. If business data exists, changing assignments as described is not supported.

• Refer to: 3065695 - Accounting Principle customizing in S/4HANA

1X9, 1XD, Group Ledger IFRS, 1GA, Leading Ledger 0L, Non-leading Ledger 2L, Accounting Principle Assignment, Parallel Valuation Area 002, Hedge Accounting Postings, SSCUI 103556, Foreign Currency Risk Management, Treasury and Risk Management, S/4HANA Cloud Public Edition , KBA , FIN-FSCM-TRM-AC-2CL , Position Management and Accounting (Public Cloud) , Problem