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How to Display Menu and IMG Path for New GL

To display the menu for the new General Ledger and the IMG path for implementing the new General Ledger, proceed as follows.

  1. Execute the following step in the IMG (Implementation Guide):
    Transaction SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Activate New General Ledger Accounting. This is identical to transaction code FAGL_ACTIVATION. This creates the necessary entry in the table FAGL_ACTIVEC. The entry in the table FAGL_ACTIVEC is not only the activation indicator. It also saves information about, for example, document splitting.
    Customizing of New General Ledger Accounting is now enabled, the system now displays the IMG path and new General Ledger application menu.
  2. Immediately after step 1), deactivate the new General Ledger again in transaction FAGL_ACTIVATION. The necessary entry remains in the table FAGL_ACTIVEC. If the new General Ledger is not active in any other client of this system, the IMG path disappears again.
  3. Run the report RFAGL_SWAP_IMG_NEW. As a result, the system displays the path in the IMG again

Document Splitting in New General Ledger

New General Ledger (or new G/L) in the SAP ERP system offers a powerful feature known as document splitting. With document splitting, accounting line items are split according to specific characteristics This way, you can create financial statements for entities such as Segments and meet legal requirements. This document also explains the basics steps of Passive splitting, Active splitting — Rule-based splitting and Splitting using zero balancing with examples. At the end you will see a step by step Document Splitting examples to familiarize with process. Read more

Weekly SDN Blog Updates: ATP in SD, New General Ledger Introduction, EhP1 and more

Sorry for delay, because of some technical problems my site was unavailable for two days. Here are this week’s updates,

  1. Available to Promise (ATP) in SD
  2. Author discusses basics of ATP, along with some configuration.

  3. New General Ledger – Introduction
  4. In this document New General Ledger concept and new functionalities; Document Splitting and Parallel Ledgers are discussed

  5. Allocation Using Fox Formula in SAP BI
  6. This blog tells about use of FOX formula in BI-IP for complex allocation requirements.

  7. FAQ of Service Ticketsd and Service Requests in SAP CRM 7.0
  8. This blog answers common customer inquiries concerning the functionalities of the Service Ticket and the Service Request

  9. Enhancement Package 1 (EhP 1) for SAP Netweaver 7.0 is Up
  10. SAP enhancement package 1 for SAP NetWeaver Process Integration 7.1 now in ramp-up. Author tells about highlights of this new release

  11. How to Resume Workflow Processing?
  12. Get answers to how to delete workflow instance, how to resume workflow processing and how to resume workflow processing after system down

Special Ledgers’ Transfer to New General Ledger

Only Special Ledgers that are compliant with the new General Ledger can and should be transferred to the new General Ledger. If you use additional currencies in a Special Purpose Ledger and want to replace this Special Purpose Ledger with the new General Ledger, you have to check the currencies used in the Special Purpose Ledger. The migration programs read the data in the original FI document. If the Special Purpose Ledger you want to replace uses a currency that is not contained in the original FI document, you cannot migrate this data to the new General Ledger. In this case, you must keep the relevant Special Purpose Ledger.

Accelerate Closing Operations With New General Ledger

In period-end closing, a company compiles information at the end of a fiscal period. Many departments of a company contribute to closing information as well as use the information for strategic purposes, so coordinating this effort in a way that ensures it can be accomplished quickly and the information put to best use is a challenging task. For every company it is an ultimate goal that the period-end close run smoothly and provide the basis for the company’s financial and management reporting. Achieving this objective has two aspects. The first is to manage the organization of people, accountability of the closing tasks, and communication. The second is to eliminate error-prone and time-consuming tasks. mySAP ERP offers new functions and a simplified data structure to achieve both. Read more

New Tables in New General Ledger

Three new tables in the new general ledger handle totals, store general-ledger and specific line items, and calculate valuations for year-end closings in parallel ledgers

Two new tables (FAGLFLEXA & FAGLFLEXP) store the ledger-specific line items (Actual & Planned) & contain additional information for use in the entry view. The tables help in updating different characteristics and document splitting information, different period shifts, and different currencies in specific ledgers for individual documents. Helps in preparing reports for specific dimensions at item level. Read more

Migration from Classic General Ledger to New General Ledger

New Functionality in the New General Ledger

  • Segment Reporting

Segment reporting is a legal requirement in many countries. US GAAP, and IFRS require a segment to be reported if the total external revenue of the segment exceed 10% of the total revenue. They also require to report income statement and balance sheet to be reported by segment. The big change in Segment reporting is that there is now a separate filed in the Profit Center master record. Read more