urgent

[Former Member]

Hi

please help me understand the following

New General ledger avoids any need for a separate cost of sales ledger, special purpose ledger,reconciliation ledger, or profit center ledger.

[Former Member]

Hi Anand

please let me know the new reports ,which will use profit center.

[Former Member]

Hi Anand

u say we are not using old profit center table in New GL table.In my current assignment, my client has upgraded from R/3 4.7 to ECC 6.0. They have profit center hierarchy and done with technical upgradation. Now we have activated New GL functionality.Now when i am adding new profit center and cost center, does that mean there would be some problem ,if there is wat kind of problem?or we will not able to update info relating to new profit center?

[Former Member]

HI

Creation of Profit center is to be done in the same way as done earlier , there will not be any problem. I only told that updation of transaction is done in the background to other tables. hence the report that were used earlier in 4.7 like 2kee and others will not get any data. There are new reports available in FI which will always have profit center along with them

Anand

[Former Member]

Hi

New GL is another General ledger for which data flows online along with the main ledger which has separate settings for itself.

In versions earlier to Sap 5.0 this was not the case hence for additonal reporting we had to use Special purpose ledger

For eg: The financial year is Jan-dec and you also want April - March.

As far as profit center is concern the earlier table is not being used now and a new FAGL* table is introduced and the posting is online for assets and Liabilities as well based on the document splitting done. Hence we also get online balance sheet at profit center level which was not there in earlier versions.

Anand

[Former Member]

HI,

With new GL only SPL Purpose ledger is integrated. what you are talking like Cost of slaes ledger, it is cost of sale accounting, Profit center accounting etc.

Due to the intrduction of NEWGL now you can post to books of accounts with difrferent fiscal years by using different ledgers and also different currencies. This previously was handled by Special Purpose ledgers.

reward if useful

sarma