Classic G/L and New G/L

Hi Friends,
What is the difference between Classic G/L and New G/L.
Will assign the points.
Best regards
SAP

Hi,
WE STILL HAVE dummy profit centers IN NEW G/L
1. Merge FI
a. Reduced data redundancy
b. Reduced error for period closing
c. Harmonized reporting
d. New General Ledger with reduced total cost of ownership (Faster Close etc.)
e. Profit Center Accounting is eliminated and is now part of New GL
f. Cost of Sales accounting is now part of New GL
g. Special Purpose Ledger is now part of New GL
h. Reconciliation Ledger is eliminated and is now part of New GL
i. Segment reporting
2. Merge FI, PCA & SL
a. Replacement of special ledger A/C
b. Enhanced audit ability
a. Better integrated reporting
b. Unified Financial & Management Accounting
c. Extensibility for customer dimension
3.
a. Document splitting
b. Enhanced reporting across Profit center and segments
4. Parallel accounting
a. More transparent COA reporting, Auditablity
What is parallel accounting and its features?
Any number of parallel ledgers
Online posting to multiple ledger
Standard reporting for multiple ledger
Segment is a part of company that led to expense and revenues.
Configure New G/L
Before anything you need to activate them & make the general setting for accounting.
More, configure the ledger you use in G/L accounting with basic data you setup the integration with controlling (CO) and where applicable to parallel accounts.
assign points if useful,
Thx,
Paarthu

Similar Messages

Difference between classic G/L and new G/l

Hello friends...
Can anybody list out the difference between classic G/L and New general ledger?

Hi,
WE STILL HAVE dummy profit centers IN NEW G/L
1. Merge FI
a. Reduced data redundancy
b. Reduced error for period closing
c. Harmonized reporting
d. New General Ledger with reduced total cost of ownership (Faster Close etc.)
e. Profit Center Accounting is eliminated and is now part of New GL
f. Cost of Sales accounting is now part of New GL
g. Special Purpose Ledger is now part of New GL
h. Reconciliation Ledger is eliminated and is now part of New GL
i. Segment reporting
2. Merge FI, PCA & SL
a. Replacement of special ledger A/C
b. Enhanced audit ability
a. Better integrated reporting
b. Unified Financial & Management Accounting
c. Extensibility for customer dimension
3.
a. Document splitting
b. Enhanced reporting across Profit center and segments
4. Parallel accounting
a. More transparent COA reporting, Auditablity
What is parallel accounting and its features?
Any number of parallel ledgers
Online posting to multiple ledger
Standard reporting for multiple ledger
Segment is a part of company that led to expense and revenues.
Configure New G/L
Before anything you need to activate them & make the general setting for accounting.
More, configure the ledger you use in G/L accounting with basic data you setup the integration with controlling (CO) and where applicable to parallel accounts.
assign points if useful,
Thx,
Paarthu

Classic and New G/L

Hi,
Need some inputs on the scenario below:
Our client is implementing SAP and they have been acquired by another company which is already on SAP since long time but not on New G/L. The new company wants to bring the client onto their SAP instance where they are using classic G/L. But my client already went live with couple of their plants with New G/L. So we are not sure what the impact and how to bring them onto one instance when they are not on the same kind of G/L.
Any input is appreciated.
Thanks
Raj/

Hi Phani,
Chart of accounts decision up to your business decision ,which they want to use either existing or else new. Follow mentioned SAP detailed notes ,can give explanation about our quires.
Note 826357 - Profit Center Accounting and New General Ledger in SAP ERP
Regards
Mani Kumar

Classic GL and New GL

Hi SAP Guru,
anyone can explain me , what is a differance between Classic GL and New GL?

hi Mahendra,
Some key feature from Release note ECC 6
Collections Management has been considerably enhanced.
Integration with the Audit Information System (New)
Ensuring Segregation of Duties (New)
Business Consolidation (SEM-BCS): New
Updating Earmarked Funds in Cash Management (New)
Collection Strategies (New) Collection management
Use of Business Partner (New)Collection management
Archiving of Promises to Pay and Dispute Cases (New) Dispute Management
Master Data Distribution with Master Data Synchronization (New) Credit Mgmt.
Integration with Logistics Execution (New) Credit Mgmt
Treasury and Risk Management (TRM) replaces former part of Corporate Finance Management (CFM)
Balance Sheet Valuation (New)
To know the enhancements of ECC 5 to ECC 6......use the link below:
http://solutionbrowser.erp.sap.fmpmedia.com/
Hope it resolves
Regards
Ranjit
Assign me the points if usefull to u...

My hard disk died and the backup is very old. Can I export my iTunes library from my iPod classic back to my new laptop?

My laptop died and the only backup is quite old. Can I export my tunes and playlists from my iPod classic back to a new disk?

See Recover your iTunes library from your iPod or iOS device.
tt2

Classic BAdi and New BAdi ...

Hi all,
I have a question regarding the new BAdi concept using enhancement spots.
With the classic BAdi's once we create an implementation it will call up our implementation when the BADI class is been called.
But with the new concept we have to explicitly call the BAdi we created right ? doesn't this mean modifiying the standard code ( If there's no ehancement section or point )?
Can someone tell me whether there is another way to call our implementation by using GET BADI and CALL BADI statement without modifying standard code ( by creating an explicit enhancement).
Cheers,
D.

hi,
Classic and new BAdIs differ in a number of features that are important for migration:
1. BAdI object
a. With classic BAdIs, a BAdI object is created by calling a factory method, and referenced via a reference variable of the type of the BAdI interface.
b. With new BAdIs, a BAdI object is created via the ABAP statement GET BADIas a handle for the calls of BAdI methods, and referenced via a reference variable of the type of the BAdI. A BAdI object is an instance of an internal BAdI class, which otherwise is invisible to the outside.
2. Passing comparison values for the filter
a. With the classical BAdIs, the filter values are stored in a structure and passed with the call of the BAdI methods.
b. With the new BAdIs, the comparison values for the filters used to search for implementations are passed when the BAdI object is created with the GET BADIstatement.
There is no way of migrating the call of the factory method one-to-one into the ABAP statement, because GET BADI can also return an existing BAdI object, which is not possible with the factory method.
3. Calling BAdI methods
Passing comparison values for the filter
a. A classic BAdI can be called only once and the call positions are registered centrally.
b. With new BAdIs, multiple calls are possible and the call positions are not registered centrally.
For the above reasons, an automatic call migration is not possible.
Have a look at below link.
http://help.sap.com/saphelp_nw2004s/helpdata/en/ee/6f3b42ea85b26be10000000a155106/content.htm
http://help.sap.com/saphelp_nw2004s/helpdata/en/0e/4d3e42fc94aa04e10000000a1550b0/content.htm
I hope it helps.
Best Regards,
Reshma

Can EC-CS run with Classic GL and New GL both in parallel?

We are on ECC 6.0 EhP4, and use EC-CS for consolidation.
The plan is to use New GL from next fiscal year. Consolidation is at company code level.
Profit centers are active in system, but there is no consolidation by profit center.
Document splitting will be used in New GL.
Question : for some time after new GL is active, and before we switch off Classic GL - can we run consolidations using Classic GL and New GL both? The intention is to check if everything is working like before .

Well to answer some the questions:
1. The 4th entity is a legal entity
2. All the 4 entities are company codes and we do not use consolidation.
3. Ideally we would like to migrate the 3 companies on SAP to the new GL to coincide with the go live of the 4th entity but we may have resource and time constraints.
Most of the answers were very helpful but I still dont have a clear answer.
For example If I activate the new GL at client level and have document splitting only for the new entity and classic for the old entities, how will this affect any intercompany posting and also the month end processes? PCA accounting is very important for all the entities
Many thanks guys.. It's seems these issues are not easily addressed in any of the SAP documentation

Difference between classic and new gl

what is the difference between the classic and new gl account?
what is the difference between the golden and sand box?
what is the segment of the gl account?
what are the advantages of the new gl account?

Dear Sunitha,
these notes may help:
756146 SAP ERP new General Ledger: General information
1070629 FAQs: New General Ledger Migration
1039752 New G/L migration: Restrictions and important
Cheers,
Jon

Whats is the diff. btw classic badi and new badi

Hi guy,
I just found out that there is classic and new badi implementation in SE19, I would like to check out with u guys on what is the diff btw the two?
thanks.

<b>Differences Between Classic and New BAdIs</b>
Classic and new BAdIs differ in a number of features that are important for migration:
1. BAdI object
a.      With classic BAdIs, a BAdI object is created by calling a factory method, and referenced via a reference variable of the type of the BAdI interface.
b.      With new BAdIs, a BAdI object is created via the ABAP statement GET BADIas a handle for the calls of BAdI methods, and referenced via a reference variable of the type of the BAdI. A BAdI object is an instance of an internal BAdI class, which otherwise is invisible to the outside.
2. Passing comparison values for the filter
a.      With the classical BAdIs, the filter values are stored in a structure and passed with the call of the BAdI methods.
b.      With the new BAdIs, the comparison values for the filters used to search for implementations are passed when the BAdI object is created with the GET BADIstatement.
There is no way of migrating the call of the factory method one-to-one into the ABAP statement, because GET BADI can also return an existing BAdI object, which is not possible with the factory method.
3. Calling BAdI methods
Passing comparison values for the filter
a.      A classic BAdI can be called only once and the call positions are registered centrally.
b.      With new BAdIs, multiple calls are possible and the call positions are not registered centrally.
For the above reasons, an automatic call migration is not possible.
Have a look at below link.
http://help.sap.com/saphelp_nw2004s/helpdata/en/ee/6f3b42ea85b26be10000000a155106/content.htm
http://help.sap.com/saphelp_nw2004s/helpdata/en/0e/4d3e42fc94aa04e10000000a1550b0/content.htm
I hope it helps.
Best Regards,
Vibha
*Please mark all the helpful answers

Help Please..Until recently I have owed 2 iPod Classics - 2007 80gb and 2009 160gb (which has since been returned). How do I transfer the library from the 160 to the 80gb in iTunes using Windows Vista (ie merge the 2 libraries)? Thanks

Until recently I have owed 2 iPod Classics - 2007 80gb and 2009 160gb (which has since been returned as it had a very noisy hard drive).
How do I transfer the library from the 160gb to the 80gb in iTunes using Windows Vista.
Nothing seems to help on the Apple support pages, so any help would be appreciated
Thanks

Thanks for the reply, but not actually sure how to sync a second iPod with the library of the first, as I thought it would not recognise a new iPod for copyright reasons.
Also, the files are in a location on the pc but I had to do lots of formatting amendments in iTunes as most of the stuff was on mp3 files and the formatting was all over the place. I did not want to loose any of the work by simply asking the new iPod to look at the original file and would rather copy en masse from one device to another.
Any help or pointers greatly appreciated
Thanks

How do I sync my Ipod Classic 160gb with my new computer (windows 8). It synced with my old computer (windows XP) but not with my new one (windows8)

How do I sync my Ipod Classic 160gb with my new computer (Windows8).? It synced with my old computer (WindowsXP) but will not do so on the new computer?

Hi Lechwe,
I had this issue recently, due to changing HD for an SSD.
In my case, since the library in my iPod was synced to the HD it was not syncing to the library in the SSD, though they were the same (had the same contents).
I found there's this checkbox in iTunes > iPod > [Settings] Music, called "Sync Music". Mine was unchecked, I guess due to iPod being synced to the old library. I marked the checkbox and clicked then in Sync. iTunes asked me if I was sure I wanted to sync the iPod with the "new" library, i clicked yes, and the it started determining the song to sync. Since the library was essentially the same (just a couple songs more in the new one), it synced the couple new songs and that was it.
Hope it helps!
Regards,
Awlo.

I just Bought a IPod Classic 80 GB, and it is stuck!

I just bought a IPod Classic 80GB today, and it is stuck. On the screen it says ejecting you may disconnect now. I have disconnected. My question is how do I clear that?

Hmmm, I bought a 60-GB Ipod Classic at first then it was stolen. The thing is my 2 year warranty didn't kick-in, nether did my car insurance which doesn't cover theft.
So I had to take the loss and come up with cash for another Ipod but this time it was the 80-GB Classic. Now this one has crashed. So I may try ZUNE this time, are you listening @ APPLE ? I've only had this new one since July 7th- 07.
So far I've shelled out roughly $930.00 for two APPLE Ipods with the 2 year warranty in approve. 18 months.
Another thing is that I didn't transfer the warranty to the new Ipod. They don't tell you themselves about the transfer but you have to take the initiative yourself. They never offered to give me the paperwork. There you have it the pitfall of not transferring your warranty. Without that warranty you are left holding the bag. So get that warranty puuuleeeezze.

IPod classic is locked and wants a combination. Never set one. How do I unlock?

iPod classic is locked and wants a combination. Never set one. How do I unlock?

Is your iPad new in the sense of being brand new or is it the latest generation?
If you do not have very much on it you could connect it to iTunes on your computer (if you use one) and on the screen that pops up starting with the Summary tab click on the Restore button further down. Be sure to set it up as a new device? You will lose any saved data but at least it will unlock your device. Alternatively, you could could do it through Settings on your ipad. Either way, you my have to redownload your purchased apps again.

My iPod Classic was stolen and returned to me by police but now it "cannot be synced because it cannot be written to or read from". I noticed the thief had changed the format to "windows" but I have restored it and still get the same message.

My iPod Classic was stolen and returned to me by police but now it "cannot be synced because it cannot be written to or read from". I noticed the thief had changed the format to "windows" but I have restored it and still get the same message.

If the media is in the library then yes it is that simple. Connect the device, load it up with your media. The problem is when you try to connect a full device to a new empty library on a new computer when iTunes will offer to replace the content on the device with that in the local library, i.e. nothing! (For anyone in that position see Recover your iTunes library from your iPod or iOS device).
You should be able to add your devices at https://supportprofile.apple.com/ though I'm not sure what happens if the second hand iPod was previously registered.
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My iPod classic was frozen and I reset it. Now all it will show is an apple sign and when I try to do anything it shows a big red X

My iPod classic was frozen and I reset it. Now all it will show is an apple sign, and when I try to do anything It shows a big red X. What do I do?

howdy katie
good luck - deggie's advice is sound (no pun intended)
be sure and take good care of your "Classic", as it truly is a classic (discontinued) - I have seen new-in-the-box on eBay for ±$499 / 160GB model - used around $150-250
ÇÇÇ

Classic G/L and New G/L

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