Set Up a Ledger
The ledger is a part of the setup for the general ledger. It is required to set up the ledger for the legal entity.
Perform the following steps to set up the ledger:
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Click General ledger > Ledger setup > Ledger.
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In the Chart of accounts field, select the Chart of accounts created in the Create a Chart of Accounts and Main Accounts topic.
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In the Fiscal calendar field, select the required fiscal calendar created in the Create a Fiscal Calendar with Fiscal Years topic.
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In the Account structures area, click Add and select the account structure configured in the Configure an Account Structure topic.
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In the Accounting currency field, select the accounting currency for your legal entity.
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Click Save.
This adds an account structure to the ledger.
Note: You will only be able to use ledger accounts from the active account structures that are added to the ledger.
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Click the Recalculate ledger periods option.