Can any one tell me "What is parallel reporting / accounting
in SAP FICO? Please tell me in details.



Can any one tell me "What is parallel reporting / accounting in SAP FICO? Please tell me in d..

Answer / steve

parallel accounting is storing & posting data in various
accounting principles in seperate ledgers.you can maintain one
as leading ledger and additional ledgers can be maintained for
various accounting principles.(e.g)ifrs,usgaap so on.

Hope this might be helpful.

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