The purpose of this ppt is to give a basic understanding and the configuration. Enter transaction fs00 into the sap command prompt, click execute. General ledger, which was meant to meet external reporting only, to a more comprehensive code block to meet additional requirements. The general ledger view of the two documents in company code v001 and v005 is shown below. Previously, a lot of shares have been already made for. Clipping is a handy way to collect important slides you want to go back to later.
The tutorial explains how to create a new ledger account in sap. You will learn about the extended totals table dataset, document splitting, realtime. Eric bauer has worked at sap in emea regional solution for sales financials since 2006. This second, updated, and extended edition of our reference book is your companion for the implementation, the customizing and the daily use of the new general ledger in sap fi. Document splitting in the new gl by mitresh kundalia. Aug, 2010 for generalledger account postings that have a specified cost center, the system always reconciles the profit center and generalledger account simultaneously, since the data is stored in the same table.
Sap ag general ledger accounting fi gl april 2001 3 icons icon meaning caution example note recommendation syntax. That is, one ledger for local gaap, one for us gaap, one for ifrs, one ledger with different fiscal year other than the one being used in the company code etc. Learn sap fico general ledger accounting configuration step by step in a easy method with screen shots,the steps of general ledger accounting configuration. New gl merges the classic general ledger with profit center accounting, special ledgers including costofsales ledger, and the consolidationstaging ledger see figure 1. You will learn the services offered by sap and how to implement the steps necessary for a new gl migration with migration scenarios 1 5. The new general ledger functionality provided by sap has many improved functionalities in comparison to the classic general ledger accounting. The classic general ledger contains all the financial. Financials financial reports accounting general ledger when the general ledger screen open youll see a. The new gl provides dynamically to the business requirements to cater to mandatory financial reportings by legal authorities, posting in accordance to segments over and over the segment reporting that.
Display how the material management module is linked to new general ledger accounting. This course provides you with knowledge around the concepts of new general ledger accounting. Now customize the name of a clipboard to store your clips. For indian companies financial year is april to march. New gl and classic gl are two ways to implement general ledger functionality in sap ecc5 and ecc6.
This section covers all aspects of the general ledger gl including the new general ledger newgl, chart of accounts, and general fi document processing. Eric joined sap in 1998, first as an education consultant in financial accounting, then as an education development coordinator in the financials application area with responsibility for international. The ledger for local gaap is called leading ledger and all others are nonleading ledgers. To ease this problem, sap has created a new, flexible general ledger solution in sap erp. Jun 15, 2012 f the new general ledger uses the same interfaces as the general ledger in r3. This course provides you with essential knowledge in order to perform a migration project from classic to the new general ledger accounting. Conclusion with new gl cofi realtime integration functionality, users can now expect fi documents posted in real time for all cross company code or any of the new gl scenarios allocations in co.
Hr page the general ledger holds all accounts for balance sheet and income profit and loss statements. Eric bauer and jorg siebert the sap general ledger bonn boston 350 db 3 8510 4. For generalledger account postings that have a specified cost center, the system always reconciles the profit center and generalledger account simultaneously, since the data is stored in the. About s4hana general ledger accounting in s4hana overview s4hana vs. Sep 19, 2016 the objective of this presentation is to get a brief understanding of what has changed in general ledger accounting in s4hana. With an integrated general ledger, key stakeholders and decision.
Parallel accounting in new general ledger 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. For each additional parallel accounting principle, you create an additional ledger. You will learn the services offered by sap and how to implement. New gl merges the classic general ledger with profit center accounting, special ledgers including costof. The official sap help page is here and its an overview from an end user accountant perspective. As a result, users do not require any additional training. This book describes the optimal settings for ledger definition and document splitting, as well as the integration with accounting. The purpose of this ppt is to give a basic understanding and the configuration settings required for new gl implementation. Material movements which contains only statistical items. With this ebite, youll learn how to perform your tasks in sap general ledger figl. Course goal basic new gl overview post documents to ledger groups document splitting create and execute distributions and. You can get ahead of the curve by learning the common end user functions, transactions. The fi chart of accounts represents the list of gl accounts that are used to meet the daily needs and the operating countrys legal requirement in a company. Master journal vouchers, credit memos, reversals, parking, reference documents, and more.
Accountants with sap experience are highly soughtafter by large companies. Practice general ledger mcqs for conceptual understanding of general ledger. The general ledger capabilities within sap s4hana are based on a broader. General ledger accounting figl new sap help portal. Mar 23, 2009 that is, one ledger for local gaap, one for us gaap, one for ifrs, one ledger with different fiscal year other than the one being used in the company code etc. For this purpose, the profit center accounting functions are integrated with general ledger. The general ledger is used to record all the business transactions in a software system. Sap new general ledger presentation highlights sap. You will learn about the extended totals table dataset, document splitting, realtime integration of co with fi, and parallel ledgers. Detail general ledger media library pdf file new general ledger accounting and sap industry solutions in the media library, you can also find other sources of interesting information relating to new general ledger accounting, as well as some recorded system demos that you can view using the sap tutor player. With an integrated general ledger, key stakeholders and decision makers have easy, quick and accurate access to information, which leads to management action and valueminded business decisions.
In general ledger accounting, you can perform internal management reporting in parallel with legal reporting. S4hana finance for gl accounting process demo configuration demo impacted img transactions download general ledger accounting in sap. Thus, it speeds reconciliation, ensures transparency and the ability to conduct audits, and enables an. The new sap general ledger rafael tobola finance and. Sapfico general ledger interview questions and answers,sapfico general ledger certification questions. Then explore transactions and reports you can use to troubleshoot gl account issues. Mar 02, 2015 as of sap accounting powered by sap hana, new general ledger accounting offers the following new functions and changes to existing functions compared against sap enhancement package 7 for sap erp 6. For this purpose, the profit center accounting functions are integrated with general ledger accounting.
Document display in general ledger view in sap sap training. This ledger is known as the leading ledger or leading valuation view. Sapfico general ledger interview questions and answers. Previously, a lot of shares have been already made for new general ledger that introduces you these features. Standard reports are already available and readily available to use. Sap fico general ledger interview questions and answers, sap fico general ledger certification questions. Jan 20, 2012 download new general ledger configuration guide in sap ecc 6. This document is yet another presentation highlights following key features totals table faglflext new fi drilldown reporting parallel. As of sap accounting powered by sap hana, new general ledger accounting offers the following new functions and changes to existing functions compared against sap enhancement. Parallel accounting in new general ledger sap simple docs.
Eric joined sap in 1998, first as an education consultant in. Newgl basic overview erp financials community wiki sap. Beyond fulfilling the legal requirements, general ledger accounting also fulfills other. In sap terminology, these are called leading ledger and nonleading ledgers. The objective of this presentation is to get a brief understanding of what has changed in general ledger accounting in s4hana. For each additional parallel accounting principle, you create an. The general ledger contains a number of sub ledgers. For detailed documentation on the individual functions of new general ledger accounting, see sap library, under sap erp central component accounting financial accounting general ledger accounting figl new. New general ledger accounting powered by sap hana sap. Financials financial reports accounting general ledger when the general ledger screen open youll see a range of selection criteria that will allow you to drill into the area that you want to analyse. Less manual postprocessing means that double maintenance of data. Sap fico general ledger accounting configuration steps sap.
Detail general ledger media library pdf file new general ledger accounting and sap industry solutions in the media library, you can also find other sources of interesting information relating to. General ledger problems and solutions accountancy knowledge. Ac212 migration to the new general ledger sap training. Download new general ledger configuration guide in sap ecc 6.
Furthermore, you can generate financial statements for any dimension such as profit center. Let me construct the concepts of document splitting with a simple financial. Basics of new general ledger manish kumar screenshots and all other information are based on mysap ecc 5. For detailed documentation on the individual functions of new general ledger accounting, see sap library, under sap erp central component accounting financial accounting general ledger. Sap menu path document display in general ledger view, t code document display in general ledger view fb03l, path. 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.
The data for one accounting principle is stored in the general ledger. Familiarity with new general ledger accounting previous attendance of the sap standard training course ac210 familiarity with classical general. Accomplish segment reporting using document splitting in the. New general ledger accounting in sap erp sap training. Pdf 30 mb, epub 40 mb, and mobi file 65 mb for download, drmfree with personalized digital. A general ledger contains the information from all of the subsidiary ledgers connected to it in a condensed form, while a subsidiary ledger is where a transaction gets reported first and in the. If you generate a financial statement or gl account report, both ledgers contain the data of the transaction posted.
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