New General Ledger Configuration in SAP ECC 6.0

The main purpose of G/L accounting in SAP is to provide a comprehensive picture of external accounting and accounts. Recording all business transactions (primary postings as well as settlements from internal accounting) in a software system that is fully integrated with all the other operational areas of a company ensures that the accounting data is always complete and accurate.

In this document, you will find in-depth overview and configuration process flow of New General Ledger in SAP ECC 6.0

  • Brief Overview of Parallel Accounting, Integration of Legal and Management Reporting, Segment Reporting, Cost of Sales Accounting
  • Activate New General Ledger Accounting: SE11 / FAGL_ACTIVEC
  • Compage Ledgers GCAC
  • Deactive of Updation to the Classic General Ledger (GLT0)
  • Define Ledgers for General Accounting
  • Define Currencies for the Leading Ledger
  • Define and Activate Non-Leading Ledger
  • Assign Customer Fields and Scenarios to Ledgers
  • Define Ledger Groups
  • Document Splitting Settings & Configuration
  • Extended Document Splitting

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SAP New General Ledger Presentation – Highlights

Introduced with mySAP ERP 2004 (ECC 5.0) New General Ledger came with many functionalities that makes your process easier. Previously, a lot of shares have been already made for New General Ledger that introduces you these features.

This document is yet another presentation highlights following key features

  • Totals Table FAGLFLEXT
  • New FI drill-down reporting
  • Parallel Valuation – Multiple Ledger Approach
  • Segment Reporting
  • Document Splitting

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SAP Press Books Sample Chapter Downloads – Part 4

Before starting this series, I also did not have any chance to view most of the sample chapters shared here.  Actually it helps a lot me too and they are now most valuable documents in my archive. This part of series also comes in handy ones you should not miss

  • What are the benefits of Structural Authorizations in SAP HCM ?
  • Creating your first program in ABAP Editor
  • Segment Reporting in SAP Financial Reporting
  • Critical aspects of Internal Tables processing in ABAP
  • An Overview of Bank Accounting in SAP Financials

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