New G/L Concept

This discussion is locked

Pratiksha Mishra 177 posts since Jul 23, 2007

New G/L Concept Apr 30, 2008 3:45 PM

MODERATOR: All points have been UNASSIGNED and the thread LOCKED. Do not share email
addresses on these forums. If you have some information, please consider posting it to the
[Wiki|https://wiki.sdn.sap.com/wiki/display/ERPFI/Home] rather than sharing via email. Than you for
your assistance.
MODERATOR: Rather than cut-n-paste previous replies, please post this to the Wiki.
Dear Experts,
I am now in to a poject where I wil be working On Version 5.0. I was working on 4.7 version initialy. ACn any
one please send me some Documents on the new gl accounting conspt and how does it differ from normal gl
accounting. Also configuration steps.

Thanks N Regards

Suresh Upadhyayula 1,983 posts since Mar 5, 2007

Re: New G/L Concept Jul 25, 2007 8:11 AM
Hello
.Activate the New General Ledger Accounting by a single click on the clock icon
2.You will reach to change view "activation of New GL A/cg" detail screen and tick the checkbox and save.
3. After activation of New General Ledger Accounting, you exit the IMG screen When you re-enter , you find
that a new node is added Financial Accounting (New)
4.After activation of New General Ledger Accounting , a new sub node appears in the IMG structure.
This sub node is Define Segment
The menu path is:
SAP Customizing IMG ---> Enterprise Structure > Definition ---> Financial Accounting ---> Define Segment
In this IMG activity, you define your segments.
If you then define your profit centers, you can enter an associated segment in the master record of a profit
center. The segment is then derived from the assigned profit center during posting.
5.Activation has created a new field in Profit Center Master Record : the SEGMENT
6.Leading and Non- Leading Ledgers

Generated by Jive on 2015-05-29+02:00

1

New G/L Concept

In General Ledger Accounting , you can use several Ledgers in parallel. This allows you to produce financial
statements according to different accounting principles. A ledger uses several dimensions from the totals table
it is based upon. When defining Ledgers , one must be defined as the Leading Ledger . The Leading Ledger is
based on the same accounting principles as that of the consolidated financial statements. It is integrated with
all subsidiary ledgers and is updated in all company codes. This means that it is automatically assigned to all
company codes. In each company code, the Leading Ledger receives exactly the same settings that apply to
that company code : the currencies, the fiscal year variant and posting period variant .
You must designate one of your ledgers as the Leading Ledger. It is not possible to designate more than one
ledger as the leading ledger.
The menu path is :
SAP Customizing IMG > Financial Accounting ( New ) > Financial Accounting Basic Settings (New) > Ledgers > Ledger > Define Ledgers for General Ledger Accounting
Clicking on the checkbox identifies one of your ledgers as the Leading Ledger.
7. Activation of Non Leading Ledgers
Non Leading Ledgers are parallel ledgers to the Leading Ledger . They can be based on local accounting
principle, for example. You have to activate a non- Leading Ledger for individual company codes. Non- Leading
Ledgers can have different fiscal year variants and posting period variants per company code to the Leading
Ledger of this company code.
The menu path is :
SAP Customizing IMG > Financial Accounting ( New ) > Financial Accounting Basic Settings (New) > Ledgers > Ledger > Define and Activate Non #Leading Ledgers
8.Assign scenarios to ledgers
A Scenario combines Customizing settings from different business views. Each business view specifies which
posting data is transferred from different application components in General Ledger Accounting, such as cost
Center update or Profit Center update .You assign the desired scenarios to your ledgers. For each ledger, you
define which fields are filled with posting data from other application components.
SAP delivers a number of scenarios in the standard system. It is not possible to create additional scenarios.

Generated by Jive on 2015-05-29+02:00

2

New G/L Concept

The menu path is:

SAP Customizing IMG > Financial Accounting ( New ) > Financial Accounting Basic Settings (New) > Ledgers >Fields > Display Scenarios for General Ledger Accounting.
9. Cost of sales accounting
Cost of sales accounting is a way to create a profit and loss statement (P&L) for a company by comparing the
revenues to the costs or expenses incurred to obtain these revenues.
The expenses are mainly divided by functional area such as:
Manufacturing
Administration
Sales
Research and Development
We can activate Cost of Sales Accounting by the following menu path :
SAP Customizing IMG > Financial Accounting ( New ) > Financial Accounting Basic Settings (New) > Ledgers >Ledger------> Activate Cost of Sales Accounting
Reg
Assign Points if useful

Seong Hwan Ko 1 posts since Oct 28, 2011

Re: New G/L Concept Mar 10, 2008 1:23 AM
Thank you for your brief concepts of new G/L,
Actually I wish to read more information about this.
Could you send me the Documetation if available.
My email address below;
juneking7@hotmail.com

Generated by Jive on 2015-05-29+02:00

3

New G/L Concept

Thank you in advance.

Satish Puram 46 posts since Aug 15, 2007

Re: New G/L Concept Mar 11, 2008 11:37 AM
Hello All,
Can you please send the document and config. document to puram.satish@gmail.com
Thanks & Regards,
Satish

Surendra kumar patra 152 posts since May 20, 2007

Re: New G/L Concept Jul 25, 2007 11:13 AM
Hi,
I am sending here some documentation which I have prepared to give a training to our community in our
company. Entire document is too big to append here. The gist of the document is appended below. In case you
require any further help you are free to enquire.
New G/L what you should consider.
New G/L is having extended facility comparing to classic G/L.Classic G/L is supported by Sap Table GLT0
whereas New G/L is supported by SAP Table FAGLFLEXT.
Addl. fields like cost center, Profit center, segment will be available in this table which is not there in OLD table.
If it is a new implementation you need not activate New G/L. With all new installation New G/L is activated with
the standard SAP.
1.New G/L came into existence to meet the requirement of having financial statements for dimensions like
Business area, Profit Center and Segment.
Important concepts in NEW G/L are
1.Ledgers
2.Document Splitting
3.Integartion
Ledgers: Sap provides Leading Ledger 02 with the standard system.
Any other ledger defined in the system is non Leading ledger.
The Important characteristics of Leading ledger are
1.1 there is only one leading ledger.
1.2 Data to controlling only flows from leading ledger.
1.3 The important parameters like FY variant,Posting period variant,Curreny defined for the company code is
used by the leading ledger.

Generated by Jive on 2015-05-29+02:00

4

New G/L Concept

1.4

Leading ledger is defined at the client level.

Scenarios: Scenarios defines the fields which is updated in the ledger (G/L view) when the posting happens
during application. SAP defines six scenario. Depending upon the client requirement you can assign all or any
of the scenario to the leading ledger.
Six Scenarios are
1.Cost center: It updates the sender cost center and the receiving cost center field in the ledger
2Profit center
3Business area
4. Segment
5. Cost of sales accounting
6. Cost of Sales accounting
Segment; If your client want the segment report then you define the segment and populate it through the profit
center master.

Customization required for Ledger

1. Define addl. Currency
2. Assign Scenario to Ledger
3. Define and activate Non leading ledger if required
4. Define segment. After defining the segment it can be populated through Profit center Master in T code
KE51.
Document Splitting

Document splitting is a procedure to split the Balance sheet items like Payable,receivable and other Balance
sheet items for characteristics like Business area,profit centre and segment if the client requires the full
fledged Financial statement.
Document splitting is activated at client level. But you can activate and deactivate document splitting for
company codes created under the client as per the needs.
Splitting is categorized in to three types and those are given below.
1. Passive splitting
2. Active splitting
3Creation of additional lines/Zero balancing for documents
SAP provides a standard splitting method which covers all the business process provided in SAP which covers
all the splitting Rules. As per the splitting rules defined by SAP when ever the end user puts any entry the b/s
items are split for various characteristics.

Generated by Jive on 2015-05-29+02:00

5

New G/L Concept

Splitting rules also can be defined by the Consultant. However you should take a precaution i.e either the rules
defined by Sap or the rules defined by us only one can be used.
SAP strongly recommends that we should as far as possible should use the standard rules.
Following Configuration are required under Document Splitting
1Activation of Document splitting.
1.1 Activate or Deactivate document splitting for any company code if required.
1.2 Define Characteristics for document splitting.
1.3 Define document splitting characteristics for controlling
2.Classify G/L a/c for Document splitting
3Classify Documents types for Document splitting; Adopt the standard
4.Define Zero Balance clearing account
5.edit constant for non assigned process
Integration
Here the most important step is the integration of FI Co.
Define the variant for real time integration of FI co.
Assign the variant to the company codes where the on line reconciliation is required.
If you fill it will help you please assign points.
Thanks.
surendra

Pratiksha Mishra 177 posts since Jul 23, 2007

Re: New G/L Concept Jul 25, 2007 11:18 AM
Dear Surendra,
Thanks alot for your answer. Can you please send the said document to my mail id
mishra.pratiksha@yahoo.co.in. I have already assigned u points

Srinivas A 16 posts since Oct 26, 2007

Re: New G/L Concept Feb 19, 2008 1:53 PM
Hi Suresh Surender,
I have very much impressed it is verymuch useful for learners of New GL.

Generated by Jive on 2015-05-29+02:00

6

New G/L Concept

Kindly send me the documents to my mail ID. alapati.sap@gmail.com

Thanks N Regards
Srini

jagruti collaco 59 posts since Jun 27, 2007

Re: New G/L Concept Feb 25, 2008 7:42 AM
Hi,
Pls can you send me also the said document on New G/L. My Email Id is jagruti.collaco@gmail.com
Regards,
Jagruti

Ravi Shankar 20 posts since Jan 22, 2008

Re: New G/L Concept Feb 25, 2008 8:21 AM
Hi,
Pls can you send me also the said document on New G/L. My Email Id is rs.sap.fico@gmail.com
Regards,
RS

Sreeja Kamtamneni 154 posts since Mar 27, 2008

Re: New G/L Concept Mar 6, 2008 5:32 AM
Hi,
Can you please send the document and config. document to ksre8@yahoo.com
Thanks in advance.
S

Sreeja Kamtamneni 154 posts since Mar 27, 2008

Re: New G/L Concept Mar 6, 2008 5:32 AM
Hi,
Can you please send the document and config. document to ksre8@yahoo.com
Thanks in advance.
S

Generated by Jive on 2015-05-29+02:00

7

New G/L Concept

Raghavendra Rao Gururaja P 77 posts since Jun 24, 2006

Re: New G/L Concept Mar 6, 2008 10:57 AM
Hi Surendra,
Can you please send me the documents at raghavender.sap@gmail.com
Regards
Raghu

Gaurav Dikshit 3 posts since Nov 9, 2006

Re: New G/L Concept Mar 9, 2008 3:50 AM
Could you please, send me document at dikshit_gaurav@yahoo.com.

fico sap 187 posts since Jan 20, 2008

Re: New G/L Concept Mar 9, 2008 4:01 AM
hi surendra,
Can you explain me some more about document splitting during cross company code postings.How does
the system take care of entries when we have a cross company document posting.How does the account
assignment logic works here..please help me with this.
Thanks,
Sai.

priya r 172 posts since Aug 24, 2007

Re: New G/L Concept Apr 30, 2008 7:39 AM
can u sendthe document to mymail id
swirlingtornadoes-yahoo.co.in

Generated by Jive on 2015-05-29+02:00

8