Defining Ledger Groups

Ledger groups enable you to group detail ledgers by ledger template and ledger type.

This topic discusses how to set up ledger groups.

Page Used to Define Ledger Groups

Page Name	Definition Name	Navigation	Usage
EPM Ledger Group	LEDGER_GROUP	select EPM Foundation, then select EPM Setup, then select Ledger Setup, then select Ledgers, then select Ledger Group	Set up a ledger group and assign detail ledgers to the group and identify the unique attributes of each ledger within the group.

EPM Ledger Group Page

Use the EPM Ledger Group page (LEDGER_GROUP) to set up a ledger group and assign detail ledgers to the group and identify the unique attributes of each ledger within the group.

Navigation

select EPM Foundation, then select EPM Setup, then select Ledger Setup, then select Ledgers, then select Ledger Group

Image: EPM Ledger Group page

This example illustrates the fields and controls on the EPM Ledger Group page. You can find definitions for the fields and controls later on this page.

Ledger Template

Select a ledger template from the drop-down list box. Ledger templates are defined on the Ledger Template pages. Click the link alongside the Ledger Template field to transfer to the Ledger Template Definition page for the selected template.

Ledger Group Type

Select a group type from the following:

Average Daily Balance: Allows only a primary ledger.

Budget: Allows only a primary ledger.

Commitment Control Expense: Used by commitment control budgeting.

Commitment Control Revenue: Used by commitment control budgeting.

Standard: Allows one primary and up to nine secondary ledgers.

Translation: Allows only a primary ledger.

Entering Ledger Details

The Ledger Details grid at the bottom of the page displays two tabs: Types and Attributes.

On the Types tab select the following:

Ledger ID

Select the detail ledger you want to link to this ledger group. The detail ledgers listed are those associated with the ledger template defined on the Detail Ledger page.

Primary Ledger

Select this check box for the primary ledger.

You can specify one primary ledger and up to nine secondary ledgers for ledger groups that have a ledger group type of standard. For average daily balance, budget, and translation ledger group types, you can select only one ledger.

Balanced Ledger

Select if this ledger contains balanced ChartFields or you want to balance the ChartFields.

Currency Translation Ledger

Select if this is a currency translation ledger. Any non-primary ledger may be defined as a translation ledger. Currency translation ledgers are handled differently from normal secondary ledgers with respect to journal processing and multicurrency processing.

On the Attributes tab select the following:

Inherit Base Currency

Select to inherit the base currency of the business unit. The system uses the business unit base currency in the ledger.

Base Currency

If you do not elect to inherit the base currency, enter the base currency to use for the ledger.

Exchange Rate Type Default

Enter a rate type to use as a default.

This field influences which rate type will be used for the secondary lines. The calculation hierarchy is this: The system first checks for a value in rate type for the ledger (see the next field). It will always use this value for the secondary lines, regardless of what you enter in the Exchange Rate Type Default field. The system then checks for a rate type on the primary journal line. If there is one, it uses that rate type for the secondary line. If there is no value in rate type or in the primary journal line, the system uses the value entered in the Exchange Rate Type Default field.

Rate Type

Select the currency exchange rate type to use in the autogenerated journal lines for the secondary ledgers.

Note: If you're setting up a commitment control ledger group, two additional fields display: the Commitment Control Ledger Type field and the Affect Spending Authority field. These fields are specifically for commitment control purposes.