New GL concepts

Parllel ledger

Leading ledger 0L It is assigned to company code au

It updates the CO records and as
It takes the fiscal year variant and

Non-Leading ledger L1 It has to be assigned to desired co

It does not update the CO records
Fiscal year variant posting period

Non- Leading ledger L2

New T.code to post the transaction to a particular ledger group FB01L and FB50L

CO-FI real time integration

Asset Accounting
ed to company code automatically
the CO records and as well as all non leading ledgers of the company code
e fiscal year variant and posting period variant from company code settings

e assigned to desired company codes

update the CO records
variant posting period variant need to be assigned manually
Document splitting

To create the SAP financial reports below the company code level to fulfill the IFRS and IAS reporting s

Example: Segment financial reports for IFRS

Types of Document Splitting

Active Splitting Expense 1 Dr 1000 Profit Center 1

Ex: Vendor Invoice Expense 2 Dr 1000 Profit Center 2
TO Vendor 2000

Expense 1 DR 1000 Profit Center 1

TO Recon Account 1000 Profit Center 1

Expense 2 Dr 1000 Profit Center 2

To Recon Account 1000 Profit Center 2

Passive Splitting Vendor DR 2000

Ex: Vendor Payment To Bank Clrg Account 2000

Splitting using zero balancing equity accont Dr 1000 Profit center A

To Equity account 1000 Profit center B

Equity account Dr 1000 Profit center A

To Profit center Clrg account
1000 Profit center A
Profit center Clrg account1000
Dr Profit center B
To Equity account Dr 1000 Profit center B
he IFRS and IAS reporting standards

t Center 1 Entry View

t Center 2

t Center 1
t Center 1
GL View
t Center 2
t Center 2

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2011
2011
2011
2011

t center A
t center B

t center A
t center A
t center B
t center B