It is used to allocate one expense line item into two segments in New General Ledger. With passive document splittingthe system inherits the account assignments of the items to clearing line items during the clearing of a document.SAP New GL Presentation sapficoconsultant com
Active splitting works on the principle of defining splitting rules. You configure splitting rules which SAP system uses to waptrick zambian music impiya mp3 a document split. The Entry view and The General Ledger view. Document splitting has an effect on subsequent processes, such as closing operations and on processes in Controlling CO. Further, you can use the document splitting procedure in two situations.
First, to split up line items for selected dimensions such as receivables lines by profit center. Second, to effect a zero balance setting in the document for selected dimensions such as segment. To do the document splitting successfully, the system classifies the individual line items as well as the documents.
This takes place using your settings in Customizing. Moreover, the splitting rule selected for a document specifies the process and line items to split the document.
It also depends on how the system classifies a document. Although, SAP delivers a set of standard splitting rules. However, you can also define your own rules.
The system creates references to existing account assignment. You use these account assignments as the base for line items to split. The system applies all account assignments that you define as document splitting characteristics in customizing.
If you have set zero Balance settings indicator for the document splitting characteristic, the system then creates any necessary clearing lines. This is to ensure that the characteristics produce a balance of zero in each document. If you split a document in this subfunction, the line items are split according to the settings in customizing.
This is the classification of the document and the splitting rule assigned to the document. Subsequent Process- For the clearing process you can also use CO account assignment relating to the costs.
Such as while realizing the exchange rate differences, you can use CO account assignments to post the difference in the rates occurring in this subsequent process. You can perform closing operations according to the document splitting characteristics defined.
An example of this is Foreign Currency Valuation.The following table gives the business requirements at the backend which prompts the finance department of the comapny to go for NEW GL implementation. Each one of these functionality is unique and elaborate and has the features ingrained to meet the different requirements emerging for the external reporting purpose.
A leading ledger is defined and additional ledgers are defined for parallel accounting or management reporting by assigning different characteristic values and fiscal-year definitions. All Company Codes are assigned to a Leading ledger for each client, which contains the group-valuation view. Additional ledgers can be defined for each company code. Additional ledgers can be used for parallel accounting or management reporting by assigning different characteristic values and fiscal-year definitions.
For general-ledger account postings that have a specified cost center, the system always reconciles the profit center and general-ledger account simultaneously, since the data is stored in the same table. Document splitting means the document is split according to the proportions of the account assignments in the expense or revenue lines of the original document.
Examples: Cash discounts and realized exchange rate differences are split according to the source document. Example : Creation of balance sheets at the segment or profit-center level or balance sheets based on company-specific or industry-specific entities.
Three new tables in the new general ledger handle totals, store general-ledger and specific line items, and calculate valuations for year-end closings in parallel ledgers. The tables help in updating different characteristics and document splitting information, different period shifts, and different currencies in specific ledgers for individual documents.
Helps in preparing reports for specific dimensions at item level. However, these documents are inapplicable if one do not use parallel accounting or use the accounting approach to portray parallel accounting. The new totals table contains additional standard fields for storing totals.
New GL Concept
This standard table can activate support for many scenarios by customizing the software. ERP Financials. Browse pages. A t tachments 1 Page History. Jira links. Created by Anonymouslast modified on Aug 13, Advantages of New GL Introduction and portrayal of new business models within a single solution, thus avoiding separate ledgers like Cost of Sales Ledger, Profit Center Ledger, special purpose ledger etc.
Data is stored in a single totals table eliminating data redundancy. No need for additional reconciliation activities during closing Easy to make adjustments to business specific requirements, such as the introduction of customer fields as part of flexible reporting. Powered by Atlassian Confluence 6.Resources like the one you mentioned here will be very useful to me!
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Absolutely fabulous! Your post is fascinating and I have forwarded it to some of my links. I read lot of articles and really like this article. This information is definitely useful for everyone in daily life.After installation and migration, all postings of the named applications are written in the new tables. Replacing these tables with views with the same names ensures the continuation of all read accesses to the tables mentioned.
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All postings of these applications are written to the new table after the installation and migration are complete. This graphic shows how the various accounting applications merge in the new data structure of the universal journal entry in table ACDOCA. However, none of the functions of new General Ledger Accounting, such as parallel ledgers and document splitting, are implemented. You cannot consider the installation and migration in isolation from each other.
These include the following application-specific preparations:. Making consistency checks that check the correctness of the accounting data from a technical point of view, and list any inconsistencies. Performing reconciliation between the accounting applications, to enable the data to be merged correctly in the universal journal entry.
Carrying out period-end closing including the storage of reporting key figures and closing the posting periods. This graphic shows the difference between the classic data model and the new one. You have to migrate the accounting and Controlling data immediately following the installation.
To be able you to undertake this data migration, specific configuration steps are necessary that have been summarized in the implementation guide. There are specific migration and check programs for the migration that have been included in the SAP Reference IMG in their correct order. All of the migration steps are described in the relevant sections included there. After the migration, you nonetheless have to reconcile the data and perform tests manually.What is the use of new GL Concept, i thought it's help us in segment reporting document slitting, but aggain i was aksed, in 4.
The FI standard functions and reports are available for all parallel ledgers. The 'Segment' entity and the relevant reporting that are required for segment reporting according to IAS and U. In addition, you can enhance the new General Ledger flexibly, that is, you can enter user-defined fields and update the relevant totals.
Many standard reports can evaluate the information from the user-defined fields. When you use the new 'Document Splitting' function online splityou can create financial statements at company code level and, if required, for entities, such as the segment. For each document, the system then creates a zero balance for the relevant entity, for example, for the segment. As a result, you no longer have to carry out time-consuming reconciliation tasks between FI and CO for the end of period since cross-entity processes are transferred in real-time to the new General Ledger in Controlling.
Furthermore, you can, for example, navigate from the financial statements report results or the profit and loss statement report results to the relevant CO report. As a result, users do not require any additional training.
Due to the new 'multi-dimensional' aspect in the General Ledger, all data that is relevant for the General Ledger is stored in one environment.
As a result, reconciliation tasks, for example, between the general ledger and Profit Center Accounting or the consolidation staging ledger, and processing steps that have to be carried out repeatedly in the individual applications for example, balance carry forward are no longer required. When you use the new General Ledger, you may not have to use the special ledger anymore.
New GL provide extreme functionalities compared to classic GL. Following can be achieve by activating new GL:. Not what you're looking for? Search community questions. This question has been deleted. This question has been undeleted.
Former Member. Posted on Nov 06, at AM 2. Hi, What is the use of new GL Concept, i thought it's help us in segment reporting document slitting, but aggain i was aksed, in 4. Please help me in understanding.
FIN Finance. Add comment. Related questions. Sort by: Votes Newest Oldest. Best Answer. This answer has been deleted. This answer has been undeleted. Krishna Kishore Gaddam. Posted on Nov 06, at AM. Regards, Krishna Kishore. Alert Moderator. You already have an active moderator alert for this content. Nov 06, at AM. Hi, Hope this Link will be usefull to you. Regards, Suwandi.Document Splitting in SAP is a new feature.
If you want the profit center, business area or segments to appear in line items which you have not entered while posting, then document splitting in SAP will populate line items with the selected characteristics even when such line items are not populated manually. If you want to draw a Balance Sheet as per the selected characteristics then document splitting in SAP will ensure that line items are created to balance the debit and credit side for that characteristic.
When you follow the above path a list of document configuration steps will appear on your screen. Document splitting in SAP recognizes how the Individual accounts are to be handled, for this you need to classify them.
Enter the relevant categories for the accounts. The Item Categories in turn are mapped with the Accounts. In this step, you define for the characteristic like Business Area, ProfitCenter, Segment etc for which you want to perform document splitting in General Ledger Accounting.
In such a scenario, if you want the Business Area field to be populated by a constant, you have to define that constant here. In the last step step you activate the document splitting function in SAP.Now a days sap fico is highly learning course.
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Document Splitting in SAP New GL
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