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author's profile photo Former Member
Former Member

New GL vrs Classical

Hi

I am on the verge of implementing SAP ERP 6.0 for a client and In dilemma whether to implement New GL or carry on with the classic one. I have no issues to generate PnL at PCA level even with the classic approach. In what way New GL is going to help me except for doc splitting and PCA coming within FI. What if I go with the classical approach? I find with new GL more difficult from the users' perspective. Please share your experiences and any such merits or demerits.

Points assured.

Thanks in advance,

Sanjay

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    author's profile photo Former Member
    Former Member
    Posted on Sep 23, 2009 at 02:52 PM

    The New GL has following advantages compared to conventional Gl in R/3:

    1. The new GL has an extended data structure by default. Custome fields can also be added to the GL.

    2. The (real time) document split (online split) makes balance sheets or entities possible, as a Segments.

    3. reconcilation between Management Accounting (CO) and Financial accounting (FI)can occur in real time.

    4. With new GL it is possible to maintain multiple books (ledgers) within the genera ledger. This is a possible display option to model parallel accounting in the SAP system.

    For initial installations (new installations) new Gl is activated by default.

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