ADVANCE FEATURES OF NEW G / L

(1) Extended Data Structure provides flexibility SAP has consolidated the multiple totals table (GLT0, GLPCT, etc) in classic GL into a single FAGLFLEXT Totals table with New GL. One Summary Table provides flexibility and faster response time for reporting. FAGLFLEXT can also be enhanced by adding customer defined fields. (2) Segment Reporting to ensure Statutory Requirements IAS accounting standards define the statutory requirements for segment reporting. New GL has document splitting functionality that enables segment reporting. Standard Segment Reporting functionality is not available in Classic GL. (3) Real Time Integration between FI and CO Classic GL has the period-close reconciliation ledger functionality to synchronize FI and CO for cost transfers across functional area, business area and company code originating in CO. New GL has a real-time integration between FI and CO that happens with each transaction originating in CO instead of a summary posting done by reconciliation ledger during period-close. (4) Parallel Accounting New GL provides Non-leading ledgers for parallel accounting like IFRS and GAAP. Parallel accounting can also be implemented using Account based approach which is also available in classic GL. (5) Reduce TCO by Faster Period Close Activities Faster Period Close is possible with New GL as, (a) Reconciliation Ledger is not required

(b) Balance sheet Adjustments are not required (c) Profit and Loss Adjustment are not required

(d) Activities related to Special Purpose Ledger are not required (e) Depreciation posting is online instead of a batch session.

(6) Flexible Drill-down Reporting in New GL New GL has advanced drill-down capabilities by segment and other characteristics.