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Training_IG -GL Accounting
Training_IG -GL Accounting
GL Accounting
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
Universal Journal Entry
Industry A
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
BSEG Vs ACDOCA
• BSEG and ACDOCA don’t store completely identical dimensions.
• ACDOCA has fields from CO, CO-PA, ML, AA that are not in BSEG.
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
Non-Disruptive Approach – Accounting Interface
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
Ledgers
Appendix Ledger
• Except creating of ledger master data, Appendix ledger doesn’t require any
additional configuration. Universal Journal
• Benefit of reduced data foot print.
• Benefit of reduced reconciliation as only(manual) delta postings are Appendix Ledger A Appendix Ledger B
maintained in the appendix ledger “Post into closed periods “Distribute revenues differently on
for restatement purposes” org units than in legal view”
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
Master Data- Merging of GL Account & Cost element
• Cost elements are merged with GL account masters.
GL Account
• No longer creation of cost elements in controlling. Based on the GL
account type, we can create primary and secondary cost elements in
GL master. Balance Sheet Accounts
• Cost element creation transactions KA01 & KA06 will redirect you to
FS00 transaction.
r e
fo
be Secondary Cost Elements
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
Currencies
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
CO Integration
• Integration of Controlling with
Financial Accounting node has
been introduced in Simple finance.
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
New settings with sFIN - Define Settings for Journal Entry Ledger
This single step inbuilt with multiple transactions
• We can create Ledgers(Standard / Appendix).
• Ledgers can be assigned to company codes.
• Currency settings are maintained.
• Fiscal Year Variant & Posting Period Variant can be assigned to company
codes.
• Accounting Principles are assigned to the combination of Ledger &
Company code.
• Documents which are falling posting date , before or during the fiscal year
specified in To Fiscal year field are still posted to the ledger.
Universal Journal
BSEG Vs ACDOCA
Non-disruptive Approach
Ledgers
GL Master Data
Currencies
CO Integration
New Settings in Simple Finance
Obsolete Settings in Simple Finance
Obsolete settings in sFIN
New GL scenarios are obsolete, because all details are available in universal journal
entry.
Define currencies of Leading ledger is replaced by define settings to journal entry ledger.
Define and Activate Non-Leading Ledgers is replaced by define settings to journal entry
ledger.
Document type and document number in General Ledger View per ledger is
obsolete. Document type and number of entry view is used for all ledgers.
Q&A
GL Accounting
Thank you