Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is new GL? What are the steps for configuring New GL?
How is it different from its older counterpart? What are
the advantages of having new GL?

Answer Posted / anant maheshwari

There is a Structural change. In New G/L instead of
FAGLFlexA table field extended and it becomes FAGLFLEXT in
which Profit Segment filed added. So Once you activate NEW
G/L in SAP

Use Can Use Document Splitting Rule.
Segment wise Reporting.
instead of GlT0 Classic G/L - other table used.

No need to activate Profit Center Accounting Settings in
Controlling Area. (ECC6).

Due to this instead Business Area Concept, people are
getting the reports on segment level.

Support to follow IFRS Std.

Please correct me if I am wrong.

Regards

Is This Answer Correct ?    12 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do you manage the credit limit for the customer in fi?

1030


Explain financial closing? : fi- general ledger accounting

1114


In sap fi what are the organizational elements?

1149


In a company there are 2 plants, Both Plants manufacturing the same product. In Plant 1 variance come. Now the client requirement is add that variance in the plant 2. How can we do that ?

1760


tell me about MTS process?

4591


What is the use of fi-asset accounting component?

985


Explain cash management in sap? : fi- general ledger

1136


What do you mean by operation scrap and how is it maintained in sap?

1074


name three distinct characteristics of fi-gl? : fi- general ledger

1100


What is a year shift/displacement in fiscal year?

1329


when clearing the vendor by f-44,asking for section codes which is already defined. what to do

2178


What is budgeting? : co- cost center accounting

1009


Is there any program/report which gives payment usage/document set off details against a particular document ?

1991


What is a company code in sap

1178


How currencies are maintained in sap system? : cost center accounting

1135