534857304

More documents

Recommendations

Info

Chapter 19 ■ Customizing New General Ledger Accounting Save your scenarios assignment. As part of this exercise, repeat the same process to specify the scenarios for the non-leading ledger T1 for Local Reporting to specify scenarios for ledger T2 for tax reporting. Define Ledger Group A ledger group allows you to classify ledgers with similar functions and business processes of general ledger accounting together in the same group. You can make postings to multiple ledgers at the same time. It’s also possible to impose restrictions in order to update individual postings to a ledger group, so that documents are only posted to ledgers in the group. When a ledger group is not specified, the system will automatically post to all ledgers. Likewise, when a ledger group is specified, the system will only post to ledgers in the same ledger group. When defining a ledger group, you must specify which ledger will be the representative ledger in the group. Only one ledger in a group is used as a representative ledger. Often, the leading ledger is used. The system uses a representative ledger to check settings for an open period and to determine if a posting period is open. ■■Note If the ledger group has a leading ledger, the leading ledger must be used as the representative ledger. When there is no leading ledger, you have to designate a representative ledger. If the ledger group has more than one ledger, the system will verify during document posting, based on the company’s fiscal year variant, that the representative ledger was selected correctly. Here is how you choose which ledger to use in a group as the representative ledger: • If all the ledgers in the ledger group have different fiscal year variants, use any ledger as the representative ledger. • If one of the ledgers has the same fiscal year variant as the company code, use that ledger as the representative ledger. In this exercise, we will not be defining ledger group, because we want the system to automatically post to all ledgers. When you need to define a ledger group for your company, follow this menu path: IMG: Financial Accounting (New) ➤ Financial Accounting Global Settings (New) ➤ Ledgers ➤ Ledger ➤ Define Ledger Group. Accounting Principles Accounting principle configuration is part of parallel accounting in SAP. The accounting principles that you define in this exercise enable you to perform valuations and closing preparations for your company code and produce financial reports for the group and your company code according to accounting principles (IAS/US GAAP), which enables you to meet various stakeholders’ needs. ■■Warning Do not delete the accounting principles you have defined, because accounting principles have relationships with other accounting functions, like currency valuation and others, which can affect your customizations. 435
Chapter 19 ■ Customizing New General Ledger Accounting In this exercise, we will define accounting principles and assign the accounting principles we define to appropriate ledger groups. To define accounting principles, follow this menu path: IMG: Financial Accounting (New) ➤ Financial Accounting Global Settings (New) ➤ Ledgers ➤ Parallel Accounting ➤ Define Accounting Principles. The Change View “Accounting Principles”: Overview screen is displayed. Click the button on the top-left side of the screen. ■■Note You cannot use an accounting principle key that has already been assigned to another ledger group in the system. If accounting principle keys C10, C20, C30 have been used, you can’t use them again. When defining accounting principle keys, use keys that have not been used already. Using the information in Table 19-1, update the New Entries: Overview of Addition Entries screen. Table 19-1. The Information Needed to Update the Screen Where You Define Your Accounting Principles Accounting Principles C10 C20 C30 Name/Description of Accounting Principles Local GAAP – C900 International Accounting Standards (IAS) – C900 Local Tax (CRM) – C900 Click the Enter button on the top-left side of the screen to confirm your entries and save your accounting principles. The next step is to assign these accounting principles to the target ledger groups. Follow this menu path to do so: IMG: Financial Accounting (New) ➤ Financial Accounting Global Settings (New) ➤ Ledgers ➤ Parallel Accounting ➤ Assign Accounting Principle to Ledger Groups. The Change View “Assignment of Accounting Principle to Target Ledger Group” screen is displayed. Click the button at the top of the screen. The New Entries: Overview of Added Entries screen is displayed. Using the information in Table 19-2, update the Accounting Principle and Target ledger Group fields, as shown in Figure 19-13. Table 19-2. The Data Needed to Update the Accounting Principles to the Target Ledger Group Accounting Principles C10 C20 C30 Target Ledger Group 0L – Leading Ledger T1 – Ledger – Local Reporting C900 T2 – Ledger – Tax Reporting C900 436
Page 2 and 3:
For your convenience Apress has pla
Page 4 and 5:
■ Contents at a Glance ■Chapter
Page 6 and 7:
■ Introduction Real-Time Three-Ti
Page 8 and 9:
■ Introduction SAP FICO FICO stan
Page 10 and 11:
■ Introduction Chapter 14 deals w
Page 12 and 13:
Chapter 1 ■ Customizing Organizat
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
Page 20 and 21:
Page 22 and 23:
Page 24 and 25:
Page 26 and 27:
Page 28 and 29:
Page 30 and 31:
Page 32 and 33:
Page 34 and 35:
Page 36 and 37:
Page 38 and 39:
Chapter 2 ■ Defining the Chart of
Page 40 and 41:
Page 42 and 43:
Page 44 and 45:
Page 46 and 47:
Page 48 and 49:
Page 50 and 51:
Chapter 3 Document Control In this
Page 52 and 53:
Chapter 3 ■ Document Control ■
Page 54 and 55:
Chapter 3 ■ Document Control No:
Page 56 and 57:
How to Display Number Intervals Cha
Page 58 and 59:
Chapter 3 ■ Document Control that
Page 60 and 61:
Chapter 3 ■ Document Control Figu
Page 62 and 63:
Chapter 3 ■ Document Control Figu
Page 64 and 65:
Chapter 4 ■ Defining Tolerance Gr
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Chapter 5 ■ Creating a General Le
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Chapter 6 Clearing Open Items In th
Page 90 and 91:
Chapter 6 ■ Clearing Open Items P
Page 92 and 93:
Chapter 6 ■ Clearing Open Items F
Page 94 and 95:
Chapter 6 ■ Clearing Open Items A
Page 96 and 97:
Checking the Company Code Settings
Page 98 and 99:
Chapter 6 ■ Clearing Open Items D
Page 100 and 101:
Chapter 6 ■ Clearing Open Items A
Page 102 and 103:
Chapter 6 ■ Clearing Open Items T
Page 104 and 105:
Chapter 6 ■ Clearing Open Items Y
Page 106 and 107:
Chapter 6 ■ Clearing Open Items T
Page 108 and 109:
Chapter 7 Maintaining Currency Type
Page 110 and 111:
Chapter 7 ■ Maintaining Currency
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Chapter 8 Defining Adjustment Accou
Page 120 and 121:
Invoiced But Not Yet Delivered Chap
Page 122 and 123:
Delivered But Not Yet Invoiced Chap
Page 124 and 125:
Chapter 9 Defining the House Bank I
Page 126 and 127:
Chapter 9 ■ Defining the House Ba
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Make Global Settings for Electronic
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Chapter 10 Defining Tax on Sales an
Page 160 and 161:
Chapter 10 ■ Defining Tax on Sale
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
Page 168 and 169:
Page 170 and 171:
Chapter 11 Customizing a Cash Journ
Page 172 and 173:
Chapter 11 ■ Customizing a Cash J
Page 174 and 175:
Set Up the Cash Journal Chapter 11
Page 176 and 177:
Page 178 and 179:
Page 180 and 181:
Chapter 12 ■ Financial Statement
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Chapter 13 Integration of FI with O
Page 196 and 197:
Material Management (MM) Chapter 13
Page 198 and 199:
Chapter 13 ■ Integration of FI wi
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Chapter 14 ■ Defining FI Accounts
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240 and 241:
Page 242 and 243:
Page 244 and 245:
Page 246 and 247:
Page 248 and 249:
Page 250 and 251:
Page 252 and 253:
Page 254 and 255:
Page 256 and 257:
Page 258 and 259:
Page 260 and 261:
Page 262 and 263:
Page 264 and 265:
Page 266 and 267:
Chapter 15 Defining the Dunning Pro
Page 268 and 269:
Chapter 15 ■ Defining the Dunning
Page 270 and 271:
Maintain Dunning Levels Chapter 15
Page 272 and 273:
Maintain Minimum Amounts Chapter 15
Page 274 and 275:
Page 276 and 277:
Page 278 and 279:
Page 280 and 281:
Determine Call-Up Functions Chapter
Page 282 and 283:
Summary Chapter 15 ■ Defining the
Page 284 and 285:
Chapter 16 ■ Customizing Special
Page 286 and 287:
Page 288 and 289:
Page 290 and 291:
Page 292 and 293:
Page 294 and 295:
Page 296 and 297:
Page 298 and 299:
Chapter 17 End User - Accounting Do
Page 300 and 301:
Chapter 17 ■ End User - Accountin
Page 302 and 303:
Page 304 and 305:
Page 306 and 307:
Page 308 and 309:
Page 310 and 311:
Page 312 and 313:
Page 314 and 315:
Page 316 and 317:
Page 318 and 319:
Posting Residual Items Chapter 17
Page 320 and 321:
Page 322 and 323:
Page 324 and 325:
Display Account Balances Chapter 17
Page 326 and 327:
Page 328 and 329:
Page 330 and 331:
Page 332 and 333:
Execute Dunning Chapter 17 ■ End
Page 334 and 335:
Page 336 and 337:
Page 338 and 339:
Page 340 and 341:
Page 342 and 343:
Page 344 and 345:
Page 346 and 347:
Page 348 and 349:
Page 350 and 351:
Page 352 and 353:
Page 354 and 355:
Page 356 and 357:
Page 358 and 359:
Summary Chapter 17 ■ End User - A
Page 360 and 361:
Chapter 18 ■ Customizing the Cont
Page 362 and 363:
Page 364 and 365:
Page 366 and 367:
Page 368 and 369:
Page 370 and 371:
Page 372 and 373:
Page 374 and 375:
Page 376 and 377:
Page 378 and 379:
Page 380 and 381:
Page 382 and 383:
Page 384 and 385: Chapter 18 ■ Customizing the Cont
Page 420 and 421: Chapter 19 Customizing New General
Page 422 and 423: Chapter 19 ■ Customizing New Gene
Page 448 and 449: Classify Document Types for Documen
Page 468 and 469: Appendix A Useful General Ledger Ac
Page 470 and 471: Appendix A ■ Useful General Ledge
Page 484 and 485:
Appendix A ■ Useful General Ledge
Page 486 and 487:
Page 488 and 489:
Page 490 and 491:
Goods Rcvd/Invoice Rcvd Recon Not Y
Page 492 and 493:
Page 494 and 495:
Page 496 and 497:
Page 498 and 499:
Page 500 and 501:
Page 502 and 503:
Page 504 and 505:
Page 506 and 507:
Page 508 and 509:
Page 510 and 511:
Page 512 and 513:
Page 514 and 515:
Page 516 and 517:
Page 518 and 519:
Page 520 and 521:
Page 522 and 523:
Page 524 and 525:
Page 526 and 527:
Page 528 and 529:
Page 530 and 531:
Page 532 and 533:
Page 534 and 535:
Page 536 and 537:
Page 538 and 539:
Page 540 and 541:
Page 542 and 543:
Page 544 and 545:
Page 546 and 547:
Appendix B ■ Some Useful Transact
Page 548 and 549:
Page 550 and 551:
Page 552 and 553:
Page 554 and 555:
■ index Automatic postings, MM mo
Page 556 and 557:
■ index Display actual cost line
Page 558 and 559:
■ index G/L accounts (cont.) fiel
Page 560 and 561:
■ index Posting rules (cont.) G/L
Page 562 and 563:
SAP ERP Financial Accounting and Co
Page 564 and 565:
This book is dedicated to God Almig
Page 566 and 567:
■ Contents Opening and Closing Po
Page 568 and 569:
■ Contents Prepare Automatic Post
Page 570 and 571:
■ Contents Step 3: Assign FSV Nod
Page 572 and 573:
■ Contents ■Chapter ■ 15: Def
Page 574 and 575:
■ Contents Accounts Payable—Doc
Page 576 and 577:
■ Contents Document Types 441 Def
Page 578 and 579:
About the Author Andrew Okungbowa i
show all

534857304

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?