what r the differences between 4.7ee and ecc 5.0?
- 1 Answers
- 9516 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / sekhar
Hi I'm providing the ECC 6.0 functionality if you knows the
4.7EE the difference is as follows:
ECC 6.0 New GL Functionality
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
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
Will a customer get support when recompiling the linux kernel or using 3rd-party software that modifies it?
What are the organizational assignments in asset accounting?
How is master data different from transaction data?
Statistical key figures are created in the cost center accounting module. Now the same statistical key figures are required in the profit center accounting module. Is it required to maintain the statistical key figure in pca module?
What do you mean by value field groups? : co-pa
Explain the two uses of blocking an account? : fi- general ledger accounting
1. how can see that how much the vendor is owed 2.how do u reverse a MIRO invoice 3. how do u pay vendor in foreign currency
Explain managerial closing. : fi- general ledger accounting
What are the necessities of a dialog program must complete?
Is it possible to create multiple assets in a single transaction? : fi- asset accounting
How do you perform budget structuring and take care of budget overrun issues in Funds management? What is the configuration and what are the T codes that are used?
Differentiate between chart of account and operation chart of account
What is profitability analysis (co-pa)? : co- general controlling
Which databases are supported for mysap business suite on linux?
What is individual processing of gl accounts? : fi- general ledger accounting
