Why New GL????

The intention behind SAP New GL Configuration is to Combine the features of GL, Profit Center Accounting, Reconciliation Ledger, Special Purpose Ledger, Business Area, Cost of Sale Accounting Benefits: Benefits li!e Segment Reporting, Cost of Sale Accounting, "anagement Reporting, Parallel Accounting, Balanced Boo!s are possible with New GL

Acti#ating General Ledger Accounting To ma!e the settings and use the functions in General Ledger Accounting, $ou ha#e to acti#ate it To do this, in Customi%ing choose &inancial Accounting &inancial Accounting Global Settings Acti#ate New General Ledger Accounting 'or T Code &AGL(ACT)*AT)+N, 'This is alread$ done in our sandbo-,

Acti#ating General Ledger Accounting has the following effects. / The Customi%ing settings for General Ledger Accounting appear in the SAP Reference )"G 0ou access the settings under Financial Accounting (New, Financial Accounting Global Settings (New) and General Ledger Accounting (New) / The General Ledger Accounting functions appear in the SAP Easy Access menu under Accounting Financial Accounting General Ledger 'Now it is hided in Sandbo-, / The tables for new General Ledger Accounting are acti#ated and updated 3 Totals 4ata Table Plan Line data Table 3 3 Actual Line data table Splitting data table

&AGL&L12T &AGL&&L12P 3 &AGL&12A

&AGL(SPL)N&+(&AGL(SPL)N&+(*AL

)n the standard s$stem, the tables from classic General Ledger Accounting 'GLT5, are updated as well as the tables in new General Ledger Accounting during the acti#ation This enables $ou to perform a ledger comparison during the implementation of new General Ledger Accounting to ensure that $our new General Ledger Accounting has the correct settings and is wor!ing correctl$ To compare ledgers, in Customi%ing choose Financial Accounting Global Settings (New, Tools Compare Ledgers

4eacti#ating the updatation of tables for classic General Ledger Accounting &inancial Accounting Global Settings 'New, Tools 4eacti#ate 6pdate of Classic General Ledger

The basic CONFIGURATION steps in New GL 1. efine Le!"e# f$# Gene#a% Le!"e# Acc$&ntin" &7A 'New, 8 &AGS7 'New, 8 Ledgers 8Ledger 8 4efine Ledgers for General Ledger Accounting

Clic! on New

Clic! on I'p$#tant N$tes: 9e can use se#eral ledgers in parallel This allows $ou to produce financial statements according to different accounting principles, for e-ample 0ou must designate one ledger as the leading ledger Leading Ledger. The leading ledger is based on the same accounting principle as that of the consolidated financial statements )f $ou use the account approach for parallel accounting, $ou post all data to the leading ledger This leading ledger is integrated with all subsidiar$ ledgers and is updated in all compan$ codes This means that it is automaticall$ assigned to all compan$ codes )n each compan$ code, the leading ledger recei#es e-actl$ the same settings that appl$ to that compan$ code. the currencies, the fiscal $ear #ariant, and the #ariant of the posting periods 0ou can define a second and third parallel currenc$ for $our leading ledger for each compan$ code )n Customi%ing for Financial Accounting (New), choose Financial Accounting Global Settings (New) Ledgers Ledgers Define Currencies of Leading Ledger.

(. efine C&##encies f$# Lea!in" Le!"e#: &inancial Accounting 'New,8&AGS 'New,8Ledgers8Ledger84efine currencies of the leading ledger

Clic! on

Give Com Name and Press Enter

)t Gi#es 5:st Local Currenc$ Automaticall$

1nter the Second Currenc$ and Sa#e

). Assi"nin" *cena#i$s t$ Le!"e# &inancial Accounting 'New,8&AGS 'New,8Ledgers8Ledger8Assign scenarios ; Customer fields to ledger Scenario defines which fields are updated in the General Ledger during postings from other applications SAP deli#ers se#eral pre defined scenarios 9e cannot define our own scenario "ultiple scenarios can be assigned to the leading ledger simultaneousl$

Select the ledger to which $ou want to add scenarios

Clic! on

New 1ntries Add scenario $ou wanted

And then

Sa#e

+. efinin" *e"'ent 1nterprise Structure84efinition8&inancial Accounting 84efine segment

,. Acti-ate $c&'ent *p%ittin": &A'N,8GLA'N,Business Transactions8 4oc Splitting 8Acti#ate 4oc Splitting

4ocument splitting is used to split document line items along a particular

dimension to ensure balanced financial statements for that dimensions Possible

dimensions are Segment, Profit Centre, Business Area

.. C%assify G/L Accts f$# $c&'ent *p%ittin": &inancial Accounting 'New,8General Ledger Accounting 'New,8Business Transactions84ocument splitting8 Classif$ G7L Accts for 4ocument Splitting

Gi#e $our chart of accounts

Clic! on

Clic! on

0. C%assify $c&'ent Types F$# $c&'ent *p%ittin": &inancial Accounting 'New,8General Ledger Accounting 'New,8Business Transactions84ocument Splitting8 Classif$ 4ocuments T$pes for 4ocument Splitting

4efine <ero Balancing Clearing Account. &inancial Accounting 'New,8General Ledger Accounting 'New,8Business Transactions84ocument splitting84efine <ero Balance Clearing Account

Select row item

Clic! on left tab =Accounts>

Gi#e $our chart of accounts

Clic! on

Gi#e GL Account for <ero Balance Account Clic! on Sa#e 1. 2FIN2 OCU32NT *4LITTING C5ARACT2RI*TIC* FOR G2N2RAL L2 G2R ACCOUNTING: &inancial Accounting 'New,8General Ledger Accounting 'New,8Business Transactions84ocument splitting84efine 4oc Splitting Characteristic for General Ledger Accounting

)n the abo#e path $ou specif$ for which characteristics $ou want to perform document splitting in General Ledger Accounting 0ou can define the following. 9hether $ou want to appl$ a 6e#$ ba%ance settin" for the characteristic 9hether $ou want to use a pa#tne# fie%! to document a sender7recei#er relationship in the clearing lines generated additionall$ in the document 9hether $ou want the characteristic to be a #e7&i#e! ent#y fie%! 'whereb$ the s$stem onl$ accepts postings when this field can be filled with a #alue from the document splitting,

A#ailable options are li!e abo#e

9e maintain Standard Settings

)f $ou ha#e not $et entered an$ characteristics, the s$stem proposes appropriate fields that are updated in $our ledgers

8. 2FIN2 OCU32NT *4LITTING C5ARACT2RI*TIC* FOR CONTROLLING &inancial Accounting 'New,8General Ledger Accounting 'New,8Business Transactions84ocument splitting84efine 4oc Splitting Characteristic for Controlling

19. Financia% Acc$&ntin" 'New,8&AGS 'New, 4ocs 84efine 4oc t$pes for General Ledger *iew

Clic! on

And define number Ranges

11. Acti-atin" N$n Lea!in" Le!"e#

Select $our non leading ledger Clic! on New 1ntries

2N

U*2R TRAN*ACTION*

FB.9 : 2nte# ;en!$# In-$ice

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t$ see N$n %ea!in" %e!"e# p$stin"

FB .9 = Withh$%!in" ta> -en!$#

isp%ay the !$c&'ent

FB,9 = 2asy p$stin" f$# In-$ice ?This is f$# @e#$ Ba%ancin"A

Rep$#ts :

efine Cha#acte#istic that can be se%ecte! !yna'ica%%y

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FAGLB9): is f$#

isp%ay ba%ances Cha#acte#isticwise