Skip to Content
0

How to create New Financial General Ledger on the way to S/4 HANA?

May 30, 2017 at 05:24 PM

136

avatar image

Hi all, I understand from Simplification List that Financial General Ledger (with multiple valuation methods) is obligatory in S/4 HANA Enterpise Management:

"The new general ledger was introduced mainly as a result of the need to support multiple valuation methods. As progressed in SAP S/4HANA, we naturally had to decide on one general ledger structure. We went with the structure of the new general ledger, which offers much higher flexibility.."

So if you have a GREENFIELD approach and you do not use the New Generall Ledger in your source system by now: at which stage do you create the New Generall Ledger?

Is it obligatory or mandatory to create the New Generall Ledger in the source system or is there even the option to create the New Generall Ledger during data migration (in the ETL-transform process) into S/4 HANA Enterprise Management?

At which stage do I create the New Generall Ledger (with multiple valuation methods) for S/4 if we do not use it up to now?

Thanks for any explanation.

Andrzej

10 |10000 characters needed characters left characters exceeded
* Please Login or Register to Answer, Follow or Comment.

1 Answer

Marssel Vilaça
Jun 01, 2017 at 02:31 PM
0

Hello Andrzej,

This is a very frequent doubt when discussing about S/4 hana migration. Thanks for asking!

If you are looking for New GL functionalities activated such as Paralell Ledger, Document Splitting and so on, you have to do a GL -> NGL migration before think on S/4 Hana.

Check SAP Note:

1070629 FAQs: New General Ledger Migration

Why we can say New GL isn't a mandatory requirement for S/4 Hana conversion? This is because you can move to S/4 with simple New gl activation. It doesn't cover above functionalities in NGL and you could implement all of them further.

Best Regards

Share
10 |10000 characters needed characters left characters exceeded