OM

New General ledger Accounting

New general ledger functions available as in ECC 6.0 on words.

By Activity New GL Functionality

1. The new functionalities (or) new ledger accounting available.

2. In IMG server the functional accounting menu is replaced by functional accounting new,
functional accounting global settings is replaced by financial accounting global settings
new
3. General ledger accounting replaced by general ledger accounting new.
4. Some transactions are absolute.

Functions (or ) New Features

1. Parallel ledger accounting.
2. Document Splitting.
3. Segment wise reporting.
4. Real time integration CO to FI.
5. Foreign currency Validation of different validation area approach.
6. Accounting principle approaching in generating the reports.
7. Document general ledger view functionality.
8. Closing cockpit (as on ECC6 (or)Ecc4).
9. Cost of sales accounting.
10. Profit center wise reporting.

Effects on existing functionalities.

Tables (Old) New Description

GLTO FAGLFLEXT GL Account Totals
GLPCA FAGLFLEXA Profit center actual line items
GLPCT FAGLFLEXT Profit center totals
GLPCP FAGLFLEXP Profit center plan line items

T Codes

Old New Description

F-02/ FB01 FB01l Post GL document
FB50 FB50l Post GL document
FBL3N FBGLL03 Display GL account line items
FS10N FAGLB03 Display GL Balances
F.05 FAGL _FC_Val Foreign currency valuation
F.16 FAGLGVTR GL account balances carry
forward
Functionalities

a. Profit center accounting is not necessary to activate to use profit center as it has been part
of FI.
b. Dummy profit center is no longer mandatory.
c. Reconciliation ledger is no longer valid it replaced real time integration variant to CO to FI.
d. Special purpose ledger is also no longer valid it is replaced with parallel ledger accounting.

How to activate new general ledger accounting

SPRO:- FA ->FAGS(New)-> Activate new general ledger accounting.

Note :- When you activate (new) GL accounting and if you post any transactions system will update
the values not only in (New) G/L tables. But also update the vales in classic G/L account table (GLT0).

In case if you don’t want to the system to update the values classic ledger tables.

You can deactivate the updation the classic ledger tables. After comparing ledger and table and
ensure the values are matched properly.

Compare ledger (special purpose G/L & new G/L)

SPRO:- FA (New)-> FAG settings (New) -> tools -> compare ledger T Code – GCAC

Deactivate update of classic ledger GLTO

SPRO:- FA (New)-> FAG settings (New) -> tools -> compare ledger T Code – GCAC

Note :- once new G/L accounting is activated amount be reversal back changes.

Write -> update

Read -> full the data

Parallel Ledger Accounting

What is ledger

Ans ledger is used for reporting purpose.

How many types of ledger do we have in SAP?

Ans two types

1. Leading ledger
2. Non leading ledger

What is leading ledger?

Ans : leading ledger is used for consolidation reporting purpose, where we follows some accounting
principles.
Note:

1. You must define one of the ledger as a leading ledger.

2. You can not define more than one leading ledger.
3. When you post the transactions to each co. code the data will be updated in the leading
ledger automatically.

What is non leading ledger?

Ans: Non leading ledgers are nothing but additional (or) parallel ledger to the leading ledger.

The non leading ledger are used for local accounting principles.

EX: USGAP, German GAAP, TAX Reporting, Indian GAAP etc.

The non leading ledger must be defined at CO. Code specific.

Step-1

Define ledger for general ledger accounting

 Click new entries

Led Ledger name Total table

1L Non leading ledger -1 FAGLFLEXT
2L Non leading ledger-2 FAGLFLEXT

Save. It

Note: once the ledger is created it will be created as a ledger group with a same key.

Step-2:

Define currencies of leading ledger

How many currencies we can maintain maximum in a co code?

Ans: 3 currencies apart from our local currency and we can maintain 2 parallel currencies.

It can be a group currency, hand currency, global company currency, index based currency.

Co code - sap

City type – 10

Valuation – 0
Exchange rate type – M

Date type- 3

Currency types:

10 – co code currency

20 – controlling are currency

30 – group currency

40 – hard currency

50 – index based currency

60 – global company currency

10- company code currency

in which currency the co code is created is a company code currency / local currency.

The company code currency key is executed from the co code creation.

20 – controlling area currency

In which currency the controlling area created is a controlling area currency which is executed from
controlling area creation screen.

T code OKKP

30 – group currency

Group currency is used for consolidation reporting purpose. The group currency key is defined at
client level T code SCC4

40 – hard currency

Hard currency is used as country specific second currency for high inflation purpose. Hard currency is
define in country level t code -OY01

50 – index based currency

It is country based ficititions based currency, which is stimulated for external reporting purpose.

(Ex: tax returns) in some countries with type inflation.

60- global company currency

Which is define at company level. Not company code level T code  OY01 (OR) ox15
Step- 3 Define and activate non leading ledgers

 Click on new entries

Co code company name CI Currency Cur2 Cur3 Cur3 C3 Fv Var

9999 Srinu groups 10 Inr 30 Usd 60 Inr K4 1000

Save it.

Step – 4 assign scenarios and customer fields to ledger

What is the standard scenario in SAP has provided

Scenarios Long Text

FIN-CCA Cost center update
FIN-CONS Preparations for consolidations
FIN-GSBER Business area
FIN-PCA Profit center update
FIN-SEGM Segmentation
FIN-UKN Cost of sales activity

Objective:-

In this activity we specify the scenarios which determines what fields in the ledger are to be updated
when it is requires posting from other application component.

Step-5 define ledger group

What is ledger?

Ledger group is nothing but contribution of ledgers for the purpose of applying the same functions
and the process of general ledger accounting to the group as a whole.

When we part the transactions of the data will be updated with all the ledgers assigned in the group.

Note:- when the ledger is created the system automatically generates a ledger group with a same
name in this way we can post the data to individual ledger (or) access it when using functions, where
you only enter ledger groups not ledgers.

Step-6:- what is representative ledgers

The representative ledgers is used to determined the posting period variant.

 We must define one of the ledgers as represent ledgers.

 In case if the leading ledger exist a ledger group than represent ledger must be the leading
ledger.

Note:- when the posting period of representative ledger is open the postings will be made to all
other assigned ledgers hoe ever their postings periods are closed.
Step- 7 define document types for general ledger

Spro FA(New) FAG settings (new)  document  document types  define document types
for general ledger view.

Note:- in this activity we defined document type for non leading ledges.

 Ledger –1L

Type number range

SA SA

Save.

Step-8 define document type for general ledger

Spro  FA (New) FAGS(new)  document  document no ranges document types in general

ledger view  define document no ranges for general ledger view.

co code - 9999

 Click intervals !

SA 2015 100 199

Save it.

Step-9 Define document types for entry view a ledger

Spro  same path as above.