New GL concepts, Document splitting and how teh system behaves in different

Question

Hi gurus,
I need this NEW GL Concepts
Thanks
Srinivas

Answer 1

Hi,
Please go thru the below mentioned details:
New GL Configuration:
1 Define Currencies for Leading Ledger:
Financial Accounting (New)>**** (New)>Ledgers>Ledger>Define
currencies of the leading ledger
2.Define Ledger for General Ledger Accounting
F/A (New) > ****/ (New) > Ledgers >Ledger > Define Ledgers for
General Ledger Accounting
3.Assigning Scenarios to Ledger
Financial Accounting (New)>****(New)>Ledgers>Ledger>Assign
scenarios & Customer fields to ledger
4.Defining Segment
Enterprise Structure>Definition>Financial Accounting >Define segment
5.Activate Document Splitting :
FA(N)>GLA(N)Business Transactions> Doc.Splitting >Activate Doc
Splitting Spl Note: Always see that the tick is on inheritance
6.Classify G/L Accts for Document Splitting :
Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting> Classify G/L Accts for Document Splitting
7.Classify Document Types For Document Splitting :
Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document Splitting> Classify Documents Types for Document Splitting
Define Zero Balancing Clearing Account: Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Zero Balance Clearing Account
8.DEFINE DOCUMENT SPLITTING CHARACTERISTICS FOR GENERAL LEDGER ACCOUNTING:
Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Doc Splitting Characteristic for General Ledger Accounting
Define Zero Balancing Clearing Account: Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Zero Balance Clearing Account
10.DEFINE DOCUMENT SPLITTING CHARACTERISTICS FOR CONTROLLING.
Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Doc Splitting Characteristic for Controlling
11.FI- Co Real Time Integration
Financial Accounting (New)>**** (New)>ledgers>real time integration of Controlling with financial Accounting>Define variants for Real time integration
12.Assign variants for Real Time Integration to Company Codes: Financial Accounting (New)>**** (New)>ledgers>real time integration of Controlling with financial Accounting>Assign variants for Real time integration to Co Codes
1.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
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 u2013Leading 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.
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
Thanks,
Prithwiraj.