It is the centralized, uptodate reference for the rendering of accounts. Let us first understand the fico module before we actually start configuration. Master journal vouchers, credit memos, reversals, parking, reference documents, and more. Sap new gl configuration an introduction the intention behind sap new gl configuration is to combine the features of gl, profit center accounting, reconciliation ledger, special purpose ledger, business area, cost of sale accounting. Item category item category categorizes the general ledger accounts for document splitting. Sap special gl indicator configuration tutorial free.
Heathrow, uk plus travel within the uk and internationally birchman uk is looking for a dynamic sap fico consultant on a permanent basis willing to travel within the uk and internationally to work on interesting and challenging consulting assignments. Self learning sap center 2014 sap fico consultant course content 45 hours sap fico course curriculum. Jan 19, 2009 the new gl functions include parallel accounting, its an sap feature where you can maintain different sets of books to satisfy all different requirements of financial statement users accurately, efficiently and effectively. It is one of the most important features of sap new gl, you can configure customised defined fields as per usercustomer requirements. Accomplish segment reporting using document splitting in the. New general ledger erp financials community wiki sap.
Segment reporting with document splitting in the sap. This software system is fully integrated with all the other operational areas of a company and ensures that the accounting data is. Financial accounting new special purpose ledger basic settings master data ledger define ledger. 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. The fi chart of accounts represents the list of gl accounts that are used to meet the daily needs and the operating countrys legal requirement in a company.
You can create special purpose ledgers in your fisl system. Oct 05, 2012 sap new gl configuration page 11 of 282. With the new sap general ledger, companies receive new functional options to better manage and rapidly process external and internal accounting when conducting business on a global scale. This document help you to understand sap fi new gl configuration in systematic manner and you need not to waste your time in. We usually make use of special gl transactions to take care of business process requirements of down payments, retentions, guarantees etc. Document splitting in new general ledger sap blogs. Batch three step process using sap gui direct posti ng allows you to enter sap data without ever leaving the spreadsheet. Access the transaction on sap graphical user interface sap gui 2. The main purpose of gl accounting in sap is to provide a comprehensive picture of external accounting and accounts. Introduction this material is applicable for sap ecc 6 version. Benefits like segment reporting, cost of sale accounting, management reporting. Set up down payments, bills of exchange and more with sap special gl indicator configuration. Settings for new glvi segment to post, analyze and display document segment in the new gl, the following steps are required.
Let us understand this concept of new gl and its use. The sap general ledger migration service is offered in the form of several standardized fixedprice migration packages ranging from the straight merging of financial ledgers to more complex migration projects that take into account aspects such as document splitting and parallel accounting. Then explore transactions and reports you can use to troubleshoot gl account issues. Special gl transactions are special transactions in accounts receivable and accounts payable that are recorded in the general ledger in alternative reconciliation accounts instead of the normal vendorcustomer reconciliation accounts. New gl merges the classic general ledger with profit center accounting, special ledgers including costofsales ledger, and the consolidationstaging ledger see figure 1. General ledger gl accounts are used to provide a picture of external accounting and accounts and to record all the business transactions in a sap system. Newgl basic overview erp financials community wiki sap. The general ledger is used to record all the business transactions in a software system. Eric bauer has worked at sap in emea regional solution for sales financials since 2006. Sap general ledger migration sap support portal home. In the configuration each gl account is assigned to item category. The snp transformation backbone software provides support when directly migrating from the classic general ledger to the new general ledger new gl. Mar 23, 2009 today, in the current sap r3, vendor line items and customer line items except special gl accounts in a financial document do not retain profit centers.
You will also become familiar with new programs created to take advantage of. The toolbar should now appear installing pdf creator. Tick the box next to the gl wand sap item and click ok 10. Eric joined sap in 1998, first as an education consultant in financial accounting, then as an education development coordinator in the financials application area with responsibility for international training development. In this step, you can create and maintain a special purpose ledger. Spro img financial accounting general ledger accounting gl accounts master data preparations gl account creation and processing edit gl account transaction code. Configuration of sap special gl transactions sapgurus. In the display g\l account centrally screen, enter information in the fields as specified in the table below. Sap abap application component figlgl basic functions.
Sap fico general ledger accounting configuration steps sap. To ease this problem, sap has created a new, flexible general ledger solution in sap erp. Sap fico training special gl configuration and transactions. With this ebite, youll learn how to perform your tasks in sap general ledger figl. Some software products marketed by sap ag and its distributors contain proprietary software components of other software vendors. Consultancy for customization and configuration of sap fi and. This chart of accounts is assigned to the company code. Eric bauer and jorg siebert the sap general ledger bonn boston 350 db 3 8510 4. New general ledger actually means the new functionality of additional ledgers that can be used for reconciling entries to comply with a different reporting standard bases of accounting. This course teaches the essentials of configuring accounts, keys and versions in the sap general ledger gl module.
Enterprise services documentation highlyintegrated web services combined with business logic and semantics that you can access and use repeatedly to support a particular business process. Apr 05, 20 leading and non leading ledger in sap sap extension ledger new gl in sap sap document splitting duration. This means that the general ledgers of these company codes have identical gl structure. Through monthend closing activities, vendor and customer open line items are transferred to profit center accounting via. At the highest level, the glsu batch posting functionality. What is a special gl transaction answer pramod special gl transactions are multistep transactions which,for reporting purposes,the system will post a gl reconciliation account other than that defined in the customer or vendor master record by using special gl indicator. Chapter 1 begins by explaining the gl account setup in the sap erp system. General ledger accounting figl new sap help portal. Just to name a few like 0 balance sheet account, 02000 customer, 03000 vendor and so on.
Creation of balance sheets at the segment or profitcenter level or balance sheets based on companyspecific or industryspecific entities. The functionality can help one to create balance sheets for entities that exist beyond the scope of the company code. Jun 28, 2011 new general ledger actually means the new functionality of additional ledgers that can be used for reconciling entries to comply with a different reporting standard bases of accounting. Consultancy for customization and configuration of sap fi. Sap abap application component figlgl basic functions nederlands dutch english francais french deutsch german italiano italian japanese korean polski polish portugues portuguese russian. The indicator is usually set for the following balance sheet accounts. Configuration of general ledger accounting sap help portal. Leading and non leading ledger in sap sap extension ledger new gl in sap sap document splitting duration. The intention behind sap new gl configuration is to combine the features of gl, profit center accounting, reconciliation ledger, special purpose ledger, business area, cost of sale accounting. Data is posted to the ledgers from other sap application areas or external systems and can also be entered directly in the fisl system. The sap general ledger migration process moves the existing transactions, such as totals tables and open items, from the classic gl table structure to the new sap general ledger table structure. Mitresh is widely acknowledged as a leading sap expert and has been through various sap assignments, including strategic planning, fresh implementations, upgrades, post golive support and production support projects. Three new tables in the new general ledger handle totals, store generalledger. The new sap general ledger has following advantages than classic sap gl accounting in r3 systems.
Aug, 2010 the functionality can help one to create balance sheets for entities that exist beyond the scope of the company code. Typically in sap you can depict parallel accounting. Maintain the field status variant of the required fi accounts. Why sap introduced new sap gl sap training tutorials. This document help you to understand sap fi new gl configuration in systematic manner and you need not to waste your time in spro for new gl configuration. Today, in the current sap r3, vendor line items and customer line items except special gl accounts in a financial document do not retain profit centers. The fifinancial accounting module is geared for external reporting.
Hello experts, while maintaining configuration in special gl, in its properties tab, there\s a column special gl transaction types. Feb, 2015 new gl in sap fico new general configuration in sap fico new gl concept in sap fico duration. Configuration of sap special gl free download as word doc. Standard reports are already available and readily available to use. The easiest way to configure all relevant transaction types is in the maintain accounting configuration tool via. Three standards, in particular, seem immediately applicable. Microsoft, windows, nt, excel, word, powerpoint and sql server are registered. Parallel accounting in new general ledger sap materials. Sap fico training special gl configuration and transactions video 24 sap fico for complete course access, you can enroll at. Excel dialog boxes tell you if the posting was successful and return the sap document number and other sap messages upon a successful post. The central task of gl accounting is to provide a comprehensive picture of external accounting and accounts.
General ledger user manual page 1 of 50 consultancy for customization and configuration of sap fi and mm at fbr user manual general ledger prepared by. Sap special gl indicator configuration must be done based on the combination of account type vendor, customer, asset, etc. The account determination in sd happens through an access sequence whichcan be seen in the. Configuration of sap fi and mm at fbr user manual general ledger prepared by. Hi, the general ledger serves as a complete record of all business transactions. Jan 20, 2012 the main purpose of gl accounting in sap is to provide a comprehensive picture of external accounting and accounts. Introduction we have pleasure in giving this free ebook to the new aspiring sap fico consultants. A chart of accounts can be used by multiple company codes. This software system is fully integrated with all the other operational areas of a company and ensures that the accounting data is always complete and accurate.
Before you can start working with the functions of general ledger accounting, you need to make the general settings for accounting. The new gl functions include parallel accounting, its an sap feature where you can maintain different sets of books to satisfy all different requirements of financial statement users accurately, efficiently and effectively. Accomplish segment reporting using document splitting in. Derive the segments sap supports derivation of segment from profit centre master data. Configuration of general ledger accounting send feedback. 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. Let us understand this concept of sap new gl structure and its use. Gl wand sap should be listed in the list of addins. Sap new gl configuration document this document explains about new gl concept and configuration in step by step manner with screenshots. Sap special gl indicator configuration tutorial free sap fi.