Ledger Company Copy Delete (ML110)

Processing Effect

Deleting or zeroing out a ledger or companies associated with a ledger has no impact on the companies themselves or on their General Ledger balances. The impact is solely in the Multi-Book Ledger application.

More Information

To copy an existing ledger to a new ledger, select M (Copy) in the Action field, type the name of the new ledger created, and indicate whether you want to also copy the ledger's balances and transactions, select Y (Yes) in the Balance, Transactions field. The default is No, which copies only the ledger structure. The new ledger can contain just one company, or all the companies associated with the original ledger.

To zero out an existing ledger's transactions and balances, select Z (Zero)and select the fiscal year and period for which you want to zero out balances on the Zero form tab. If you do not select a period (or period range) and fiscal year, the current period for the current fiscal year is zeroed out. You can also zero out the fiscal year beginning balances or leave them intact.

To delete an existing ledger, select D (Delete) in the Action field, enter the ledger to be deleted. If you want to delete only one company within the ledger, select the ledger company you want removed from the ledger. If you want to delete the entire ledger, leave the Company field blank.