- New G/L in the SAP ERP system offers a powerful feature known as document splitting
- With document splitting, accounting line items are split according to specific characteristics – for example – Profit Center, Segment
- This way, you can create financial statements for entities such as Segments and meet legal requirements- For example, International Accounting Standards (IAS) requirements for segment reporting
IAS 14 relates to segment-level financial reporting. The key objective is to report financial information by lines of business and/or by geographical areas.