Overhead Cost Controlling
to function.
action (measure).
Purpose of Controlling Components
sibility to their performance. It can be used to generate financial statements for the corresponding organizational units. (* SAP classifies PCA into the Enterprise Controlling (EC) component.)
Components of the CO module
External vs. Internal Accounting
The basic CONFIGURATION steps in New GL
1. Define Ledger for General Ledger Accounting
2. Define Currencies for Leading Ledger
3. Assigning Scenarios to Ledger
4. Defining Segment
5. Activate Document Splitting
6. Classify G/L Accts for Document Splitting
7. Classify Document Types For Document Splitting
8. DEFINE DOCUMENT SPLITTING CHARACTERISTICS FOR GENERAL LEDGER
ACCOUNTING
9. DEFINE DOCUMENT SPLITTING CHARACTERISTICS FOR CONTROLLING
10. Financial Accounting (New)>FAGS (New) Docs >Define Doc types for General
Ledger View
11. Activating Non Leading Ledger
Define Ledger for General Ledger Accounting
Introduction to New GL link here
Steps in New GL configuration here
F/A (New) > FAGS/ (New) > Ledgers >Ledger > Define Ledgers for General Ledger
Accounting
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.
Benefits:
Benefits like Segment Reporting, Cost of Sale Accounting, Management Reporting, Parallel Accounting, Balanced Books are possible with New GL.
Activating General Ledger Accounting
To make the settings and use the functions in General Ledger Accounting, you have to
activate it. To do this, in Customizing choose
Financial Accounting → Financial Accounting Global Settings → Activate New General Ledger Accounting. (or T Code FAGL_ACTIVATION)
● The tables for new General Ledger Accounting are activated and updated.
FAGLFLEXT – Totals Data Table
FAGLFFLEXP – Plan Line data Table
FAGLFEXA – Actual Line data table
FAGL_SPLINFO_FAGL_SPLINFO_VAL – Splitting data table
Existing and new GL differences
In the standard system, the tables from classic General Ledger Accounting (GLT0)
are updated as well as the tables in new General Ledger Accounting during the
activation. This enables you to perform a ledger comparison during the implementation
of new General Ledger Accounting to ensure that your new General Ledger Accounting
has the correct settings and is working correctly. To compare ledgers, in Customizing
choose Financial Accounting Global Settings (New) → Tools → Compare Ledgers.
Deactivating the updatation of tables for classic General Ledger Accounting Financial
Accounting Global Settings (New) → Tools → Deactivate Update of Classic General
Ledger.