What is Strategic Ledger?

The Lawson Strategic Ledger application is a business performance management application that captures operational and strategic information for analysis and reporting. Strategic Ledger captures transactions from many Lawson applications including General Ledger, Accounts Payable, Purchase Order, and Requisitions.

Strategic Ledger is a unique and powerful reporting tool that uses a multidimensional database. Strategic Ledger gives you the ability to organize transactions by reporting information such as product, distribution method, market, or sales channel. This lets you make better strategic decisions by providing detail information that identifies where profitability resides.

Strategic Ledger allows you to attach information to transactions using user analysis (UA) fields. You define the format of your user analysis fields and valid values for each field. User analysis groups allow you to combine up to four UA fields for use in transactions. You determine valid combinations of UA values by defining UA relationships. You use calendars to define the fiscal year, accounting periods, and valid posting date ranges. You define the dimensions of your multidimensional databases, called data marts, for viewing and analyzing data.

Depending on your business needs, you might also want to set up the Strategic Ledger application.