basics of new general ledger - ittoolbox（新总账u2014u2014ittoolbox的基础）.pdf

New GL Basics of New General ledger Manish Kumar * Screenshots and all other information are based on mySAP ECC 5.0 version. The purpose of this ppt is to give a basic understanding and the configuration settings required for new GL implementation. Contents • Why use the New GL?? • Settings for new GL • New GL- An User’s Perspective • Reporting Why use the New GL?? Business Requirement New GL functionality * Reporting as per different Concept of multiple ledgers- Leading Non GAAP leading ledger * Unified management legal Profit Centre integrated with GL reporting * Segmental reporting as per Segment defined as an enterprise element US GAAP * Financial statement below Document split functionality company code level * Reporting as per cost of sales Functional areas included accounting Settings for New GL-(i) • Organizational structure is created to map the business structure of the organization in SAP. • Controlling Area- To provide a closed environment for cost accounting. Cross company code cost accounting. • Company Code- Legal entity for external reporting. Compliance with local requirement as per the law of the land. • Chart of Accounts- Grouping of all GL accounts used. •Profit Centers -For internal management reporting as an independent responsibility centre “Companies with in the company”. Settings for new GL-(ii) • Leading Ledger- Based on the same accounting principle as that of consolidated financial statement. Integrated with all non-leading ledger gets many of the parameters from the company code. • Non-leading Ledger- Based on local accounting principles = Assignment to alternate currencies fisca