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...

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  • Classic BAdi and New BAdi ...

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    http://help.sap.com/saphelp_nw2004s/helpdata/en/ee/6f3b42ea85b26be10000000a155106/content.htm
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    <b>Differences Between Classic and New BAdIs</b>
    Classic and new BAdIs differ in a number of features that are important for migration:
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    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.
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    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.
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    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.
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    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
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    Best Regards,
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    *Please mark all the helpful answers

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    Hi:
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    Will assign the points.
    Best regards
    SAP

    Hi,
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    assign points if useful,
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  • Classic and New G/L

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    Hello zoefromoranmore,
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  • 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

  • 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?
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    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,
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