---

This second, updated, and extended edition of our reference book is your companion for the implementation, the customizing and the daily use of the new General Ledger in SAP FI. This book describes the optimal settings for ledger definition and document splitting, as well as the integration with accounting. Moreover, it includes a detailed description of parallel accounting, including segment reporting, storage location of data, and much more. A comprehensive chapter on migration as well as many practical reports shows what you need to consider for the changeover to New General Ledger.

1. Design and Features of the Ledgers
Get to know the ledger features (leading and non-leading ledgers), scenarios (business area, segmentation etc.), and the handling of custom fields.

2. Integration in Financial Accounting
Achieve an in-depth understanding of profit center accounting in the General Ledger, follow-up costs, and period-end closing.

3. Parallel Accounting
Explore the new parallel accounting options provided by ledger group-specific postings.

4. Document Splitting
Learn how to design, configure, and use document splitting, and get to know the active and passive document split.

5. Migration
Discover the migration components, including migration project details, the Migration Cockpit,
and how to successfully migrate from the Classic to the New General Ledger.

6. Practical Reports
Benefit from numerous real-life project reports, which can be put to practical use.

Highlights:

Basic Principles
Overview of New Functions
Enhancement Package Technology
Core Topics of General Ledger Accounting
Parallel Accounting (IFRS, HGB)
Segment Reporting and Document Splitting
CO-FI Real-Time Integration
Custom Fields
Migration
Process and Content of a Migration Project
SAP Services and Migration Scenarios
Migration Cockpit
Practical Reports
Important Success Factors
Lessons Learned

---

... Introduction ... 13

1 ... New General Ledger in SAP ERP -- An Overview ... 19

... 1.1 ... The Path to New G/L in SAP ERP ... 19

... 1.2 ... Enhancement Package Technology ... 29

... 1.3 ... New General Ledger ... 32

... 1.4 ... Conclusion ... 43

2 ... Design and Features of the Ledgers ... 45

... 2.1 ... Features of the Ledgers ... 45

... 2.2 ... Scenarios ... 66

... 2.3 ... Customer Fields ... 98

... 2.4 ... Conclusion ... 107

3 ... Integration in Financial Accounting ... 109

... 3.1 ... Profit Center Accounting in New General Ledger ... 109

... 3.2 ... Reposting in Controlling ... 179

... 3.3 ... Online Posting of Follow-Up Costs ... 184

... 3.4 ... Integration with Materials Management ... 189

... 3.5 ... Period-End Closing ... 197

... 3.6 ... Conclusion ... 204

4 ... Parallel Accounting -- IFRS on the Advance ... 205

... 4.1 ... Approaching Uniform Accounting Standards ... 205

... 4.2 ... Leading Valuation Approach ... 207

... 4.3 ... Basic Principles ... 208

... 4.4 ... Data Storage Location ... 209

... 4.5 ... Fixed Assets ... 215

... 4.6 ... Current Assets ... 225

... 4.7 ... Provisions ... 250

... 4.8 ... Posting and Clearing Specific to Ledger Groups (Enhancement Package 3) ... 257

... 4.9 ... Switching from G/L Accounts to Open Item Management ... 285

... 4.10 ... Conclusion ... 291

5 ... Document Splitting ... 293

... 5.1 ... Reasons for Document Splitting ... 293

... 5.2 ... Concept ... 295

... 5.3 ... Examples of Applying Active and Passive Splits ... 299

... 5.4 ... Configuration ... 304

... 5.5 ... Special G/L Transactions ... 332

... 5.6 ... Wizards for Customizing the Document Splitting ... 336

... 5.7 ... Periodic Processing ... 351

... 5.8 ... Conclusion ... 353

6 ... Migration ... 355

... 6.1 ... Activating New General Ledger ... 355

... 6.2 ... Migration Projects ... 360

... 6.3 ... The Phase Model of Migration ... 364

... 6.4 ... SAP Service for Migration ... 366

... 6.5 ... Migration Scenarios ... 372

... 6.6 ... Migration Cockpit ... 378

... 6.7 ... Conclusion ... 431

7 ... Practical Reports ... 433

... 7.1 ... SAP Consulting ... 433

... 7.2 ... Accenture GmbH ... 440

... 7.3 ... Siemens IT Solutions and Services ... 450

... 7.4 ... ConVista Consulting AG ... 459

... 7.5 ... J&M Management Consulting ... 466

... 7.6 ... Conclusion ... 477

... Appendices ... 479

... A ... Frequently Asked Questions ... 479

... B ... The Authors ... 497

... Index ... 499

---