SAP ERP Financials and FICO Handbook

288 CHAPTER 8 NEW G/L
Leading Ledger
Nonleading Ledger
Existence Required Optional
Transaction
Posting
All FI transactions will be updated
May or may not be posted with
all FI transactions
Currencies Takes currencies from company code Can maintain currencies different
from company code
Fiscal Year Same as company code Can be different from company
code
Accounting
Principle
Number of
ledgers
Follow basic accounting principle
One leading ledger for a given company
code
May follow different accounting
principle
May have zero or more
TABLE 8.1 Leading ledger versus nonleading ledger
mySAP comes with a brand-new table (FAGLFLEXT) that contains
additional fields. The FSGLFEXT table thus supports the following
activities:
n Segment reporting
n Profit center updating
n Cost of sales accounting
n Cost center updating
n Preparation for consolidation
n Business-area updating
You can add new fields to this table to capture different scenarios.
8.1 DOCUMENT SPLITTING
The main functionality of New G/L is document splitting. You use document
splitting to capture additional missing accounting assignments by which each and
every document is balanced individually. As an example, say you are entering a