Learn how best to implement the New General Ledger in SAP ERP Financials and how to maximize your organization's use of its vast functionalities.

Using practical examples, the authors take you on a guided tour of the most important functions. First, you'll learn how to create the settings needed to define your ledgers. Then, you'll uncover sample solutions and customization tips for segment reporting and document splitting, as the authors show you the process of mapping a parallel accounting procedure using the ledger approach.

A detailed chapter on migration answers burning questions such as: What tools are available? What issues should we be thinking about before migration? What levels of complexity should be weighed? How does the migration process really work?

In short, this detailed reference provides you with everything you'll need to successfully migrate to New General Ledger. Based on the latest release, SAP ERP 6.0, this book is fully up-to-date as of the date of its publication.

Highlights

• Design and Features of the Ledgers
• Integration in Financial Accounting - Profit Center Accounting, Reposting in Controlling, Online Posting of Follow-Up Costs, Period-End Closing
• Parallel Valuation - Basic Principles, Fixed Assets, Current Assets, Provisions
• Document Splitting - Active and Passive Split, Special G/L Transactions, Periodic Processing
• Migration - Activating New G/L, Migration Phase Model, SAP Service for Migration, Migration Scenarios, Migration Cockpit, Practical Reports

About the Author(s)

Eric Bauer joined SAP in 1998 and is active in the Financials area. As Director of Education Training Delivery, he was responsible for the design and delivery of SAP training portfolios. Jörg Siebert worked in the Financial Accounting area at SAP as a consultant and trainer from 1996 to 2003. Jörg Siebert and Eric Bauer joined Regional Solution Sales at SAP in 2003 and 2006 respectively.

Additional Resources

We are pleased to offer you supplementary offline demos in order to better explain individual scenarios. You will need SAP Tutor Web Player to see these demos. The player is available for free from SAP Developer Network (SDN - https://www.sdn.sap.com), however, a registration is required. There is an additional resource listed below as well.

Table of Contents

Introduction ... 11

1. New General Ledger in SAP ERP — An Overview ... 15
... 1.1 The Path to New G/L in SAP ERP ... 15
... 1.2 New General Ledger ... 25
... 1.3 Conclusion ... 35

2. Design and Features of the Ledgers ... 37
... 2.1 Features of the Ledgers ... 37
... 2.2 Scenarios ... 58
... 2.3 Customer Fields ... 88
... 2.4 Conclusion ... 97

3. Integration in Financial Accounting ... 99
... 3.1 Profit Center Accounting in New General Ledger ... 99
... 3.2 Reposting in Controlling ... 108
... 3.3 Online Posting of Follow-Up Costs ... 113
... 3.4 Period-End Closing ... 118
... 3.5 Conclusion ... 119

4. Parallel Valuation ... 121
... 4.1 Basic Principles ... 121
... 4.2 Fixed Assets ... 123
... 4.3 Current Assets ... 133
... 4.4 Provisions ... 157
... 4.5 Conclusion ... 164

5. Document Splitting ... 167
... 5.1 Reasons for Document Splitting ... 167
... 5.2 Concept ... 169
... 5.3 Examples of Applying Active and Passive Splits ... 173
... 5.4 Configuration ... 177
... 5.5 Special G/L Transactions ... 194
... 5.6 Periodic Processing ... 198
... 5.7 Conclusion ... 199

6. Migration ... 201
... 6.1 Activating New General Ledger ... 201
... 6.2 Migration Projects ... 206
... 6.3 The Phase Model of Migration ... 208
... 6.4 SAP Service for Migration ... 210
... 6.5 Migration Scenarios ... 214
... 6.6 Migration Cockpit ... 218
... 6.7 Practical Reports ... 264
... 6.8 Conclusion ... 282

Appendix ... 283
... A. Frequently Asked Questions ... 285
... B. The Authors ... 303
... C. SAP Training ... 305

Index