New GL & Parallel ledger accounting basic steps

[Former Member]

Hello SAP Gurus.

Can any body explain me details of New gl & parallel ledger accounting? also

Can any body guide me of New general ledger and parallel ledger accounting basic configuration step by step?

Reply will be appreciatied with points.

Thanks & regards

Amar

[Former Member · Accepted solution]

Hi Amar

Can you send me a test mail to the id mentioned in my profile. I would send a doc on parallel accounting.

Award points if found useful

Regards

Prasanna

[Former Member · Accepted solution]

Thanks lot for your quick response.

Thanks & regards

Amar

[Former Member]

Hi Amar,

Go through the following steps, it should be helpful for New G/L Accounting

1 Define Currencies for Leading Ledger:

Financial Accounting (New)>FAGS (New)>Ledgers>Ledger>Define

currencies of the leading ledger

2.Define Ledger for General Ledger Accounting

F/A (New) > FAGS/ (New) > Ledgers >Ledger > Define Ledgers for

General Ledger Accounting

3.Assigning Scenarios to Ledger

Financial Accounting (New)>FAGS(New)>Ledgers>Ledger>Assign

scenarios & Customer fields to ledger

4.Defining Segment

Enterprise Structure>Definition>Financial Accounting >Define segment

5.Activate Document Splitting :

FA(N)>GLA(N)Business Transactions> Doc.Splitting >Activate Doc

Splitting Spl Note: Always see that the tick is on inheritance

6.Classify G/L Accts for Document Splitting :

Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting> Classify G/L Accts for Document Splitting

7.Classify Document Types For Document Splitting :

Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document Splitting> Classify Documents Types for Document Splitting

Define Zero Balancing Clearing Account: Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Zero Balance Clearing Account

8.DEFINE DOCUMENT SPLITTING CHARACTERISTICS FOR GENERAL LEDGER ACCOUNTING:

Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Doc Splitting Characteristic for General Ledger Accounting

Define Zero Balancing Clearing Account: Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Zero Balance Clearing Account

10.DEFINE DOCUMENT SPLITTING CHARACTERISTICS FOR CONTROLLING.

Financial Accounting (New)>General Ledger Accounting (New)>Business Transactions>Document splitting>Define Doc Splitting Characteristic for Controlling

11.FI- Co Real Time Integration

Financial Accounting (New)>FAGS (New)>ledgers>real time integration of Controlling with financial Accounting>Define variants for Real time integration

12.Assign variants for Real Time Integration to Company Codes: Financial Accounting (New)>FAGS (New)>ledgers>real time integration of Controlling with financial Accounting>Assign variants for Real time integration to Co Codes

Hope this serves as helpful to you.

Thanks,

Prithwiraj.