Skip to Content
author's profile photo Former Member
Former Member

special purpose ledger and parallel ledger

Hi Experts,

We have classic gl in old version and leading , non leading ledgers in new gl in ecc.6, wat is special purpose ledger and parallel ledger ?how it works ? pls clarrify me ...

Thanks,

Yadhu nandan

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

5 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 27, 2011 at 06:40 AM

    Dear Ajeesh,

    Thank you verymuch, my doubt is clarified.

    Thanks & Regard's,

    Yadhu nandan

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Dec 26, 2011 at 10:06 AM

    Dear expert

    New GL has brought the facility for defining additional ledger and thus you can avoid using special purpose ledger as available in classic ledger. You can do individual settings like scenario updation, variants like fiscal year variant, currencies, posting period variants, etc. particular to the additional ledgers.

    General Ledger Accounting (FI-GL) (New) The central task of G/L accounting is to provide a comprehensive picture of external accounting and accounts. Recording all business transactions (primary postings as well as settlements from internal accounting) in a software system that is fully integrated with all the other operational areas of a company ensures that the accounting data is always complete and accurate. Beyond fulfilling the legal requirements, General Ledger Accounting also fulfills other requirements for modern accounting: - Parallel Accounting General Ledger Accounting allows you to perform parallel accounting by managing several parallel ledgers for different accounting principles. - Integration of Legal and Management Reporting In General Ledger Accounting, you can perform internal management reporting in parallel with legal reporting. For this purpose, the Profit Center Accounting functions are integrated with General Ledger Accounting. Furthermore, you can generate financial statements for any dimension (such as profit center). - Segment Reporting General Ledger Accounting supports the segment reports required by the accounting principles IFRS (International Financial Reporting Standards) and US GAAP (Generally Accepted Accounting Principles). For this purpose, General Ledger Accounting contains the Segment dimension. - Cost of Sales Accounting You can perform cost of sales accounting in General Ledger Accounting. For this purpose, General Ledger Accounting contains the Functional Area dimension. Features General Ledger Accounting comprises the following functions for entering and evaluating posting data: - Choice between group level or company level - Automatic and simultaneous posting of all subledger items in the appropriate general ledger accounts (reconciliation accounts) - Simultaneous updating of the parallel general ledgers and of the cost accounting areas - Real-time evaluation of and reporting on current posting data, in the form of account displays, financial statements with different balance sheet versions, and additional analyses. In this way, General Ledger Accounting automatically serves as a complete record of all business transactions. It is the central and up-to-date component for reporting. Individual transactions can be checked at any time in real time by displaying the original documents, line items, and monthly debits and credits at various levels such as: - Account information - Journals - Totals/transaction figures - Balance sheet/profit and loss evaluations However, SAP still offers to choose between the New GL and the old Classic GL way of accounting. There are certain limitations in the new GL and clients are adopting to the new gl concept.

    You also see the nsap note 756146

    With old G/L in R/3, the tables GLT0 (totals), BSEG, BKPF (Line Item) get filled. in BI side u have to use data model

    0FI_GL_1 --> 0FI_GL_1 --> 0FIGL_C01 (for Totals).. 0FI_GL_1 is based on table GLT0

    0FI_GL_4 --> 0FI_GL_4 --> 0FIGL_O02 (for Line item) .. 0FI_GL_4 is based on table BSEG

    With New G/L in R/3, the tables FAGLFLEXT (totals), FAGLFLEXA, BSEG, BKPF (Line Item) get filled. in BI side u have to use data model

    0FI_GL_10 --> 0FI_GL_10 --> 0FIGL_C10 (for Totals)... 0FI_GL_10 is based on table FAGLFLEXT

    0FI_GL_14 --> 0FIGL_O14 (for Line item)... 0FI_GL_14 is based on tables FAGLFLEXA, BSEG, BKPF

    Functionally, this effects other financial modules like AP, AR, PCA (Profit Center Accounting)

    for ex: with new G/L implented in BI side, this fullfils most of profit center Acounting requirements, and u donot have to implement PCA module seperately.

    Regards

    Ajeesh.s

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Dec 26, 2011 at 01:48 PM

    HI,

    In classic GL you have only one ledger.

    ifyou want additional ledgers then you have to use the activete the SPL(special purpose ledger ) .

    In NewGL you have Leading Leadger and Non Leading Ledger funcationality.

    and there is no SPL functionality.

    Regards

    Madhu M

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Dec 27, 2011 at 05:17 AM

    Hi

    Friend,

    New GL is a unified functionality which includes

    -classic general ledger

    -cost of sales ledger

    -profit center ledger

    -AND special ledger

    Special ledger was used with classical general ledger in R/3, which allowed to report summary information from various applications like GL, PCA, CCA at a user defined level of details.

    However,

    Now, all special GL functionality can be accomplished using New GL

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Dec 27, 2011 at 06:05 AM

    Dear Experts,

    Thanks for ur valuable information, my doubt is clarified partially, but still i have one doubt, that is special purpose ledger is used for special gl transactions (like down payments & advance payments) r it is used for different purpose.

    Kindly clarify me,

    Thank's,

    Yadhu nandan.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.