The main purpose of G/L accounting in SAP is to provide a comprehensive picture of external accounting and accounts. Recording all business transactions (primary postings as well as settlements from internal accounting) in a software system that is fully integrated with all the other operational areas of a company ensures that the accounting data is always complete and accurate.
In this document, you will find in-depth overview and configuration process flow of New General Ledger in SAP ECC 6.0
- Brief Overview of Parallel Accounting, Integration of Legal and Management Reporting, Segment Reporting, Cost of Sales Accounting
- Activate New General Ledger Accounting: SE11 / FAGL_ACTIVEC
- Compage Ledgers GCAC
- Deactive of Updation to the Classic General Ledger (GLT0)
- Define Ledgers for General Accounting
- Define Currencies for the Leading Ledger
- Define and Activate Non-Leading Ledger
- Assign Customer Fields and Scenarios to Ledgers
- Define Ledger Groups
- Document Splitting Settings & Configuration
- Extended Document Splitting