1.Activate the New General Ledger Accounting by a single 
click on the clock icon 

2.You will reach to change view "activation of New GL A/cg" 
detail screen and tick the checkbox and save. 

3. After activation of New General Ledger Accounting, you 
exit the IMG screen when you re-enter, you find that a new 
node is added Financial Accounting (New) 
4.After activation of New General Ledger Accounting; a new 
sub node appears in the IMG structure. 
This sub node is Define Segment 
The menu path is: 
SAP Customizing IMG ---> Enterprise Structure ----> 
Definition --> Financial Accounting --> Define Segment 
In this IMG activity, you define your segments. 
If you then define your profit centers, you can enter an 
associated segment in the master record of a profit center. 
The segment is then derived from the assigned profit center 
during posting. 
5. Activation has created a new field in Profit Center 
Master Record: the SEGMENT 
6.Leading and Non- Leading Ledgers 
In General Ledger Accounting, you can use several Ledgers 
in parallel. This allows you to produce financial 
statements according to different accounting principles. A 
ledger uses several dimensions from the totals table it is 
based upon. When defining Ledgers, one must be defined as 
the Leading Ledger. The Leading Ledger is based on the same 
accounting principles as that of the consolidated financial 
statements. It is integrated with all subsidiary ledgers 
and is updated in all company codes. This means that it is 
automatically assigned to all company codes. In each 
company code, the Leading Ledger receives exactly the same 
settings that apply to that company code : the currencies, 
the fiscal year variant and posting period variant . 
You must designate one of your ledgers as the Leading 
Ledger. It is not possible to designate more than one 
ledger as the leading ledger. 

The menu path is: 
SAP Customizing IMG ----> Financial Accounting (New) -----> 
Financial Accounting Basic Settings (New) -----> Ledgers ---
-> Ledger -----> Define Ledgers for General Ledger 
Accounting 
Clicking on the checkbox identifies one of your ledgers as 
the Leading Ledger. 


7. Activation of Non Leading Ledgers 
Non Leading Ledgers are parallel ledgers to the Leading 
Ledger . They can be based on local accounting principle, 
for example. You have to activate a non- Leading Ledger for 
individual company codes. Non- Leading Ledgers can have 
different fiscal year variants and posting period variants 
per company code to the Leading Ledger of this company 
code. 
The menu path is : 
SAP Customizing IMG ----> Financial Accounting ( New ) -----
> Financial Accounting Basic Settings (New) -----> Ledgers -
---> Ledger -----> Define and Activate Non --Leading 
Ledgers 
8.Assign scenarios to ledgers 
A Scenario combines Customizing settings from different 
business views. Each business view specifies which posting 
data is transferred from different application components 
in General Ledger Accounting, such as cost Center update or 
Profit Center update .You assign the desired scenarios to 
your ledgers. For each ledger, you define which fields are 
filled with posting data from other application components. 
SAP delivers a number of scenarios in the standard system. 
It is not possible to create additional scenarios. 
The menu path is: 
SAP Customizing IMG -----> Financial Accounting (New) -----
> Financial Accounting Basic Settings (New) -----> Ledgers -
--->Fields -----> Display Scenarios for General Ledger 
Accounting. 
9. Cost of sales accounting 
Cost of sales accounting is a way to create a profit and 
loss statement (P&L) for a company by comparing the 
revenues to the costs or expenses incurred to obtain these 
revenues. 
The expenses are mainly divided by functional area such as: 
Manufacturing 
Administration 
Sales 
Research and Development 
We can activate Cost of Sales Accounting by the following 
menu path : 
SAP Customizing IMG -----> Financial Accounting ( New ) ----
-> Financial Accounting Basic Settings (New) -----> 
Ledgers --->Ledger-----> Activate Cost of Sales Accounting 

Offsetting Account Report ECC 5.0 
Offsetting account report for vendors in ECC 5.0 is 
possible after implementing the OSS Note 1034354