Question on NewGL and Intercompany postings

Dear SAP gurus,

New GL Question

When we activate the NewGL, we have to do the ledger comparison right ? Then, how to get the values replicated from GLT0 to FAGLFLEXT ? What is the procedure to get the values into newGL tables ?

Intercompany posting question

Please tell me the pre-reqs of intercompany transactions.

As far as I know, it should have the same COA, posting period variant and a clearing account should be there. Are these correct ? or am I missing something?

For eg, an inter-company vendor invoice is posted. Please explain me with the aid of accounting entries for better understanding.

Thanks

Madhavi

Moderator: Please, search before posting