Objective of new gl sap has the following objectives behind the introduction of the new general ledger. New gl basics of new general ledger manish kumar screenshots and all other information are based on mysap ecc 5. Step 4 in the field status group, select a gl field status group. Due to the temporary closure of training centers current status here, all planned classroom training courses in the affected countries have been converted to our virtual learning method sap live class until further notice thus the original offer is still fully available in these countries for more details please check our faq.
Benefits like segment reporting, cost of sale accounting, management reporting, parallel accounting, balanced books are possible with new gl. For indian companies financial year is april to march. Sap new gl configuration document e book krisna 11. Recording all business transactions primary postings as well as settlements from internal accounting in a software system that is fully integrated with all. Efficient solutions were designed for the legacy data conversions, upload of gl balances, the ap and ar open items. New general ledger accounting contains functions that combine classic general ledger accounting with the special purpose ledger component. This means that the general ledgers of these company codes have identical gl structure. A change to the segment structure is triggered by management and necessitates a change to the assignment of segments to objects such as profit centers, receivables, payables, and fixed assets. Leading and non leading ledger in sap sap extension ledger new gl in sap sap document splitting duration. The general ledger accounting is the complete record of all business transactions. Skills in simple finance applications process design and configuration. New gl concept in sap pdf new gl concept in sap pdf new gl concept in sap pdf download.
You will learn complete subscribe my channel for more videos on sap fico and sap. If an indian company is registered in us stock exchange, it has to submit reports to stock exchange according to the financial year there in us i. Document splitting in new general ledger sap blogs. Segment reporting with document splitting in the sap. A chart of accounts can be used by multiple company codes. New gl concept in sap pdf basic understanding and the configuration settings required for new gl implementation. The functionality can help one to create balance sheets for entities that exist beyond the scope of the company code. Migration project, migration cockpit, and best practices to migrate from classic the new general ledger about the book about the ebook 505 pages, hardcover, 1. The internal management reporting will meet the segment requirements outlined by the steering committee. 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. This chart of accounts is assigned to the company code.
Spro sap reference img financial accounting new general ledger accounting new business transaction document splitting edit constants for non assigned processes in this step the constants are defined which helps to assigned the default account assignment when is not able to derive from any of the sources. Merge pdf files in abap this article will show you how to merge two ore more pdf files into one using abap. Let us first understand the fico module before we actually start configuration. Introduction we have pleasure in giving this free ebook to the new aspiring sap fico consultants. Oct 05, 2012 sap new gl configuration page 11 of 282. However, we have done only technical upgrade from earlier 4. If this splitting method does not meet your requirements, you can first define and then select your own method in customizing for document splitting. Page 8 sap new gl simple finance we will cover the fi configuration from scratch and not copying configuration from an existing company code. To ease this problem, sap has created a new, flexible general ledger solution in sap erp. With the merge of fi and co into the universal journal, a new approach for. Aug, 2010 the functionality can help one to create balance sheets for entities that exist beyond the scope of the company code. Oct 30, 20 merge pdf files in abap this article will show you how to merge two ore more pdf files into one using abap.
Standard reports are already available and readily available to use. Sap accounting powered by sap hana contains general ledger accounting, controlling, and asset accounting. In the gl acct long text field, enter a detailed description for the new gl account. The splitting method used is the sap standard one, which contains the splitting rules for the different business transactions. It is one of the most important features of sap new gl, you can configure customised defined fields as per usercustomer requirements. If no data is exchanged between the productive clients, you can configure, migrate and activate the new general ledger independently in each productive client. With fi and co now merged into the universal journal, parallel valuation in all. Let us understand this concept of new gl and its use.
Sap accounts receivable and accounts payable configuration. Jan 20, 2012 download new general ledger configuration guide in sap ecc 6. You can use this component to reassign segments in new general ledger accounting. Jan 12, 2018 sap note 830602 periodic apc posting cost element category 90. New general ledger accounting can be explained briefly as follows.
The ar and ap acts as a sub ledger to fi gl for managing the balances of customers and vendors. Sap general ledger migration sap support portal home. New general ledger accounting in sap erp sap training. It is the centralized, uptodate reference for the rendering of accounts. Three new tables in the new general ledger handle totals, store generalledger. In this img activity, you have to activate document splitting. This transfer allows continuous reconciliation of cost accounting books with financial books and removes the need for any subsequent reconciliation. The new gl implementation project starts with the definition of a new gl concept.
From customizing implementation guide screen, follow the navigation menu path. New gl in sap fico new general configuration in sap fico new gl concept in sap fico duration. Complete the migration to the new gl as a separate project using the sap general ledger migration service and then undertake the migration to sap s4hana finance as a second step. Integrating materials management with financial accounting in sap. Various additional functionalities with the introduction of. This graphic shows how the various accounting applications merge in the new structure of sap accounting powered by sap hana. New general ledger accounting interface profit center determination. The main purpose of gl accounting in sap is to provide a comprehensive picture of external accounting and accounts. The sap general ledger migration process moves the existing transactions, such as totals tables and open items, from the classic gl table structure to the new sap general ledger table structure.
Sap fico general ledger accounting configuration steps sap. Sap note 756146 also provides an overview of the benefits of new general ledger accounting. Configuration prevents direct postings to reconciliation accounts thereby assisting in maintaining integrity of the data. During a chart of accounts conversion, several accounts are usually merged. The new general ledger in sap erp has the following advantages over the. Case study new gl implementation page 3 defined to mirror the hfm financial statements for management reporting. Apr 05, 20 leading and non leading ledger in sap sap extension ledger new gl in sap sap document splitting duration.
Mar 23, 2009 new gl functionalities are part of ecc 6. Fiapr configuration introduction having configured the fi gl component, we now need to configure the second important module accounts receivable ar and accounts payable ap of sap. Is a certificate available for the new general ledger and migration to new. Introduction this material is applicable for sap ecc 6 version. The purpose of this ppt is to give a basic understanding and the configuration settings required for new gl implementation. Purpose and target groups if you want to implement and use sap accounting powered by sap hana, you have to migrate the existing user data from the gl accounting fi gl, asset accounting fiaa, controlling co and material ledger areas. Migrate to sap s4hana 1709 from classic gl and subsequently activate the parallel ledger and document splitting through configuration and the data conversion cockpit.
Currently, r3 customers have to implement several sap components in order to fulfill international and industryspecific accounting requirements. Sap note 830602 periodic apc posting cost element category 90. The intention behind sap new gl configuration is to combine the features of gl, profit. The new general ledger accounting by a single click on the clock icon. Are you planning a major sap initiative like upgrade, merger or demerger. Sap note 964686 transfer of statistical postings in co to fi. Sap fico general ledger accounting configuration steps general ledger accounting configuration steps general ledger accounting. Creation of balance sheets at the segment or profitcenter level or balance sheets based on companyspecific or industryspecific entities. If your team is making the migration to the new general ledger, youre going to need a guide. Playbook for migrating complex sap landscapes to s4hana. You want to configure a new company code with the new general ledger. After activation of new general ledger accounting, you exit the img screen when you reenter, you find that a new node is added financial accounting new 2.
Consultancy for customization and configuration of sap fi. Ac210 new general ledger accounting in sap erp sap. Parallel accounting in new general ledger sap materials. Typically in sap you can depict parallel accounting. The general ledger in sap r3 is highly heterogeneous.
The functionality for valuing the transfer of goods or services according to legal, group, or profit center valuation is supported as of sap s4 hana 1610. Sap note 49127 cost center account assignmnts in asset accounting. So once you activate new gl in sap use can use document splitting rule. Sap note 996852 down payment on auc and document splitting. You can combine any number of ledgers in a ledger group. Jan 19, 2009 the new gl functions include parallel accounting, its an sap feature where you can maintain different sets of books to satisfy all different requirements of financial statement users accurately, efficiently and effectively.
Newgl basic overview erp financials community wiki sap. Sap fico general ledger accounting configuration steps. Accomplish segment reporting using document splitting in the. Spro img financial accounting general ledger accounting gl accounts master data preparations gl account creation and processing edit gl account transaction code. Configuration of sap fi and mm at fbr user manual general ledger prepared by.
This document explains about new gl concept and configuration in step by step manner with screenshots. The following are some of the key customizing steps that you need to perform for migration to the new general ledger new gl as part of the overall sap s 4hana. In the new gl, realtime integration of co with fi is ensured. Also after downloading the pdf files when i checked the. Efficiently handle financial reporting, according to both local and international accounting principles facilitate increased convergence between financial and management accounting. Financial accounting financial accounting global settings and choose the activity by clicking on activate new general ledger accounting.
Download new general ledger configuration guide in sap ecc 6. The fifinancial accounting module is geared for external reporting. Segment reorganization allows you to split, merge, and change segments. In customizing stage customer need to check the newgl migration scenarios. Page information view in hierarchy view source export to pdf export to word. Hi experts, im new to s4 hana and like to know the standard database tables in them like acdoca for finance in hana, i guess this should be the first thing to learn. In case you choose to create a new sap gl account with reference to a template.
You will reach to change view activation of new gl acg detail screen and tick the checkbox and save. The new gl functions include parallel accounting, its an sap feature where you can maintain different sets of books to satisfy all different requirements of financial statement users accurately, efficiently and effectively. Download sap tcode books pdf sap tcodes the best online. Due to the temporary closure of training centers current status here, all planned classroom training courses in the affected countries have been converted to our virtual learning method sap live class until further notice thus the original offer is still fully available in these countries. The intention behind sap new gl configuration is to combine the. Instead it\s generating separate pdf fils for each record. Good knowledge of sap simple finance and controlling processes in sap new general ledger, accounts receivable, accounts payable, new asset accounting, controlling and integration with other modules. New gl accounting in sap activate new general ledger accounting. One of the first steps for configuring the document splitting is to assign the item. Enter the transaction code spro in the sap command field and press enter step 2.
Migration to sap s4 hana finance sap documentation. Sap s4 hana 1709 simplified new gl migration process. Hi, the general ledger serves as a complete record of all business transactions. This ensures transfer of crossentity controlling postings to general ledger in real time. This document help you to understand sap fi new gl configuration in systematic manner and you need not to waste your time in spro for new gl configuration. Feb, 2015 new gl in sap fico new general configuration in sap fico new gl concept in sap fico duration. After completing the blueprint and starting with the required customizing accompanied by experienced consultants, the sap general ledger migration service can be ordered by completion of a questionnaire. With the merge of fi and co into the universal journal, a new approach for parallel valuations was implemented. Why sap introduced new sap gl sap training tutorials. New gl migration overview enterprise resource planning. The new sap general ledger has following advantages than classic sap gl accounting in r3 systems. Sap accounting powered by sap hana is based on new general ledger accounting figl new and uses functions such as ledgers to update a particular valuation, and the document.
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