Answer / sunil

The new GL functions include “Parallel Accounting” , it’s
an SAP feature where you can maintain different sets of
books to satisfy all different requirements of Financial
Statement users accurately, efficiently and effectively.
Standard reports are already available and readily
available to use.

Answer / ravi kumar reddy

In General Ledger Accounting, you can perform parallel accounting by running several parallel ledgers (general ledgers) for different accounting principles. During posting, you can post data to all ledgers, to a specified selection of ledgers, or to a single ledger:

The data required according to the accounting principle for the consolidated financial statements is managed in the leading ledger of the general ledger (see also Ledgers). This leading ledger is integrated with all subsidiary ledgers and is updated in all company codes. This means that it is automatically assigned to all company codes.
For each additional (parallel) accounting principle, create an additional (non-leading) ledger in General Ledger Accounting.

Answer / pk

Parallel accounting is New GL concept which has introduced in ECC by SAP.It helps to maintain and generate the financial reports of the company as per different accounting priciples in parallel. We have two approches in parallel accounting such as Account based approch and ledger based approch. Account based approch is a classic approch and parallel ledger is new approch which has introduced from ECC.

What is the company code in sap?

0 Answers  

---

What is the overview of Depreciation? how it will be calculated in asset account? please tel me...

3 Answers   Mphasis,

---

What is automatic payment programmer?

2 Answers  

---

how can we see the account balance s of single asset in the 3 different depreciation areas at a time. a. through asset explorer we can see a/c balance in one depreciation area. other than this what is the proces.

2 Answers   EDS,

---

Q.Can we make a provision for TDS on year end march 31,If yes what is the process?

2 Answers   iGate, Wipro,

---

How do we create tasks? What is the difference between task and change request?

0 Answers  

---

Periodic Processing in Controlling

3 Answers   Accenture,

---

In APP >Bank determination > Ranking : 1st Rank=HDFC,2nd Rank = ICICI. For 15 days I have pick money from ICICI. Tell me How to do.

3 Answers  

---

what is meaning of residual payments

2 Answers  

---

My company code is AN3 vendor and customer are same i purchased from a party(vendor) on 01.04.2008 for 4,00,000/- payment terms with in 10days 10%, with in 20days 5%. i sold to the same party(customer) on 08.04.2008 for 3,00,000/- payment terms with in 10days 10%, with in 20days 5%. Balance of payment Date 14.04.2008 in this date vendor has 5% discount (20,000/-). Net vendor amount is 4,00,000-20,000 = 3,80,000/- customer has 10% discount (30,000/-). Net customer amount is 3,00,000-30,000 = 2,70,000/- Net paymet is 3,80,000-2,70,000 = 1,10,000/- In above situation i run the APP, But i got error massege is comming that is "your company conde AN3/AN3 not in proposal" at the time of "Edit payment proposal" Please clear this problem, is it possible in app or not? If it is possible where i configure?

2 Answers  

---

What is a abap/4 module pool?

0 Answers  

---

For one company code max how many chart of accounts can we assign?

8 Answers   Accenture, HCL,

---