Cannot create a new Ledger

(0) Share

Report

Posted on by Community Member Microsoft Employee

Hi All,

I try to create a new ledger. (General ledger > Setup > Ledger.). I try to create a New ledger but the system do not allow me to choose a chart of account or write.

Any idea?

*This post is locked for comments

All responses (8)

Answers (2)

Community Member Microsoft Employee on at

Like (1)

Report

RE: Cannot create a new Ledger

Thanks a lot. Solved!!!
Verified answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

RE: Cannot create a new Ledger

Hi Michalis,

Please see the attached file that illustrates one way how you can change your active company.

Please follow the instructions that Andre provided regarding the setup of the new company and you should be fine.

Best regards,

Ludwig
Community Member Microsoft Employee on at

Like (0)

Report

RE: Cannot create a new Ledger

Hi Andre,

could you provide me instructions of how to change the active legal entity? This will be helpful.

Kind Regards,

Michalis
Community Member Microsoft Employee on at

Like (0)

Report

RE: Cannot create a new Ledger

Hi Andre,

could you provide me instructions of how to change the active legal entity?

Kind Regards,

Michalis
Verified answer

André Arnaud de Cal... 291,391 Super User 2024 Season 2 on at

Like (0)

Report

RE: Cannot create a new Ledger

Hi Michalis,

Probably the issue is that you first need to change the current company. If you have created a new legal entity and a chart of account, you first have to change the current active legal entity to the new entity to be able to setup the ledger values.
Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

RE: Cannot create a new Ledger

Hi Michalis,

If you are working in USMF contoso company, a CoA should be setup there and the CoA field should show the shared CoA.

Do you want to change this CoA?

Probably post some screenprints that illustrate the issue.

Many thanks,

Ludwig
Community Member Microsoft Employee on at

Like (0)

Report

RE: Cannot create a new Ledger

Hello Ludwig,

What I want to do is to create a new Ledger and link it to a CoA that I do have developed. For that reason I created a new legal Entity and a new CoA. However when I tried to create a new ledger (General ledger > Setup > Ledger) I am not able to choose my CoA (or any other).

I am working on the standard demo USMF (Contoso).
Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

RE: Cannot create a new Ledger

Hello Michalis,

What do you mean by creating a new ledger?

Do you want to change an existing chart of account?

Is something already setup in the ledger form?

What user rights do you have?

Ludwig