Advance SAP FICO Training Page 2/8
Document
- Document Types
- Document Number Ranges
- Tolerances
Overview of New General Ledger: The general ledger in SAP R/3 is highly assorted. R/3 customers have to implement several SAP components in order to fulfill accounting requirements.
To ease this problem, SAP has created a new, flexible general ledger solution in SAP ERP. New G/L merges the classic general ledger with profit center accounting, special ledger.
New general ledger accounting in mySAP ERP has the following features:
- New G/L accounting has an extended data structure in the standard delivery.
- With (real-time) document splitting, balance sheets can be created for entities such as "Segment".
- You can run a real time reconciliation tasks obsolete.
- New G/L accounting makes it possible to manage multiple ledgers within G/L accounting. This is one of the possible ways of portraying parallel accounting in the SAP system.
Definitions
- Define Ledgers for General Ledger Accounting
- Define Currencies of Leading Ledger
- Define and Activate Non-Leading Ledger
- Assign Scenarios and Customer Fields to Ledgers
- Define Ledger Group
Overview of Parallel Accounting: You can portray parallel accounting in your SAP System. This enables you to perform valuations and closing preparations for a company code according to the accounting principles of the group as well as other accounting principles, such as local accounting principles.
- Define Accounting Principles
- Assign Accounting Principle to Ledger groups
