Fund Accounting Using Split Ledger

[former_member204457]

Hi Gurus,

I would greatly appreciate your input on using FI-SL split ledger to produce financial statements (i.e. based on GASB 34/35) in classical G/L scenario.

In particular I want to know if you've used 'Fund' in the ledger's split rule and is so have you had any issues in splitting liability or asset accounts.

I would also like to know if you've done any mid-year activation of split ledger and if so if you were successful in splitting the historical data.

Thank you

[TammyPowlas]

Hi - I recommend reading the SAP Help about Special Ledger and review with your accountants - the split processor uses two methods (splitting, balancing)

We do follow parts of GASB but also created our own Financial Statements using Crystal Reports inside SAP - see https://blogs.sap.com/2012/06/10/pixel-perfect-financial-statements-inside-sap-erp-yes-with-crystal-...

We also converted mid-year; take a look at your migration to GL plan and test accordingly

Good luck