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.

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Tax Configuration

SAP takes care of tax calculation, tax postings, tax adjustments, and tax reporting through the three FI components; namely GL, AP, and AR.

SAP allows taxation at three levels:

  1. National level or federal level (Europe, South Africa, Australia, etc.)
  2. Regional or jurisdiction level (USA)
  3. National and Regional level (India, Canada, Brazil etc.)

As the requirement of tax configuration in SAP you should define the following;

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Difference Between mySAP ERP Financials and R/3 Financial Accounting

‘mySAP ERP Financials’ is built on the NetWeaver platform, which is the foundation for service oriented business solutions, for deploying financial processes at a faster pace. Irrespective of the business type, mySAP ERP Financials is designed to support financial accounting requirements to provide a single complete platform to achieve excellence in accounting, performance management, financial supply chain, and corporate governance.

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HR/Payroll Integration with ERP Financials

With this presentation you will learn the key integration points between the HR/Payroll functions and Financials, understand the fundamentals for the transfer between payroll and financials and useful tips for configuration. Followings topics to be covered;

  • Understanding How Payroll Updates FI/CO
  • Utilizing the Payment Program
  • Mapping Payroll Components to FI/CO
  • Defining Third-Party Remittance Components
  • Narrowing in on Tax Authorities
  • Reconciling Using the Payroll Reconciliation Report

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University Resources for SAP Tutorials

Because I’m a college student, it has been many times i have collected useful course documents from other college’s sites to make my study easier. Well, this is valid for improving my SAP knowledge also though this is uncommon for many practicers. There are a plenty of University resources that you can benefit at the utmost. Recently you must have seen SAP Online Training sites provide interactive user guides which are created by Adobe Captivate application. Like Michaelmanagement provides, you can view the demo. This tool also tempts my interest, to create certification tests, end-user guides and presentations.

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Edit on Open Purchasing Documents for Assets

A new system edit in AS02 – Change Asset checks for open (including held) purchasing documents when the account assignment is being changed.

There are two messages that may be received:

  • Asset cannot be changed. Purchase Requisition exists.
  • Asset cannot be changed. Purchase Order exists.

The purchasing document line must be deleted before the asset master can be updated, and a new line must be added to the purchasing document after the asset master has been changed to derive the new account assignment. In the event a purchase order was created with reference to a purchase requisition, the message will indicate a requisition exists, but the line item on both documents must be deleted before the asset master can be updated.

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What Controlling Is Not?

In order to better understand what Controlling module is, have a look at what it is not;

CO is not just costs.Many people mistakenly think that CO stands for cost management. While the controlling module does support cost management, it certainly is not limited to cost management. Much of the profitability reporting resides in the CO module.

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