Understanding Ledger Type Groups

To facilitate the selection of multiple ledger types, you can set up ledger type groups in the Ledger Type Groups program (P15302). You can add ledger type groups at the class level in the E.P. Class Information program (P1530) and at the lease level in the E.P. Information program (P15012).

If you set up a ledger type group at the lease level, the system retrieves expenses for the ledger types defined in the ledger type group in addition to those for the ledger type group that is defined in the processing option of either the Expense Participation Calculation Generation program (R15110) or the E.P. Class Master Listing program (R1530P), or at the E.P. class level. When you set up a ledger type group in the R15110 processing option or the R1530P processing option, this ledger type group has the highest priority. This ledger type group overrides any other ledger type in the E.P. class and any override ledger type value in the R15110 processing option. The system applies the expenses for a ledger type group at the lease level only to the lease exposure for which the ledger type group is assigned. You can set up ledger types for generation type 2 (year end adjustments) and generation type 6 (estimated expense participation).

Note: The system retrieves expenses only for ledger types in a ledger type group at the lease level that are different from those retrieved for the processing option or E.P. Class level ledger type group. For example, if you set the processing option to use the ledger type group STANDARD, which includes ledger type BA, and at the lease level you enter ledger type group LEASEADD, which includes ledger types BA and B2, the system retrieves additional expenses only for ledger type B2.

The system does not override ledger group types at the lease level. If you leave the processing options for ledger type group and override ledger type in the R15110 program blank and you do not define a ledger type group in the E.P. class, the system retrieves expenses from the AA ledger. The system always retrieves expenses for a lease group ledger type.

The system stores ledger type group information in the Ledger Type Groups table (F15302).