To have a parallel accounting using multiple ledgers we have to use following configuration activity. Here we are activating particular non-leading ledgers per company code and we are setting currencies, fiscal year and posting period variant. Transaction: S_AL0_19000016 IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers Read more…
There cases where you have to do intercompany postings. This will happen in cases where one company is receiving the invoice, but it is applicable for two or more. For that reason you will just do debit first company code to credit second company code, but the system will require Read more…
In this configuration activity you have to define account determination when you have integration between CO and FI. What is usually recommended is to use single reconciliation account where you could track easily the balances. Keep in mind that this configuration is based on controlling area as the flow is Read more…
In this configuration activity you are able to define a rules by which the CO Line Items will be selected. If you want all CO line items to transfer to the FI, then it is not necessary to do anything here. Transaction: S_ELN_06000004 IMG Path: Financial Accounting (New) -> Financial Accounting Read more…
This transaction is necessary when you want to have a real-time integration flowing from the CO to the FI using the functionalities of the New General Ledger. Transaction: S_ELN_06000002 IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers -> Real-Time Integration of Controlling with Financial accounting -> Read more…
In this transaction you are defining Leger Groups. They are necessary when you want to do postings. Usually, you will not choose a particular ledger, but instead a ledger group. You could assign one or several ledgers to particular ledger group which could help you to do parallel postings in Read more…
You could define additional currencies for the leading ledger in New GL. This could be done by following transaction. Transaction: OB22 IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledger -> Define Currencies for Leading Ledger Table: T001A, T001 Following you will see if you Read more…
In the following transaction you are able to define additional ledgers which could be used for parallel accounting. The additional ledgers could have different currency, fiscal year variant and posting period variant. Transaction: SM30_V_FAGL_T881 IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) Ledger -> Define Ledgers for General Read more…
Here you are able to define the tax calculation percentages based on combination of tax code, tax procedure and country. Transaction: FTXP IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Tax on Sales/Purchases -> Calculation -> Define Tax Codes for Sales and Purchases Table: T004, T007A, Read more…
Tolerance Groups are used to define different control amounts which apply to maximum amount of the document, maximum amount of the line item, maximum cash discount to customers and vendors. Those could be defined globally for every company code or per group of employees. Transaction: OBA4 IMG Path: Financial Accounting Read more…