different between general ledger accounting and New G/L
accounting? pls expline

Answers were Sorted based on User's Feedback



different between general ledger accounting and New G/L accounting? pls expline..

Answer / ashok

Different between old GL & New GL (ECC6) will be as follows
1.Document Splitting option was not available in old GL it
is in, New G.L to get a sigment reporting according to the
IFRS requirements.
2.Paralell Accounting, (Like, Leading ledger & non leading
Ledger)
3.We can maintain different FSV with different fiscal
variant according to the requirement of your company Via,
non leading ledger.

Is This Answer Correct ?    14 Yes 0 No

different between general ledger accounting and New G/L accounting? pls expline..

Answer / james bond

The main differences are
a. Business scenarios
b. Document splitting

a. Business Scenarios: If you are using classic GL there is
a possibility your chart of account can have large number of
accounts. Since you want to capture every level of details
the chart of accounts grows in size. With New GL what you
are trying to do is maintain fewer number of accounts and
still get to same level of details. They way you implement
this is by allowing a single GL account to be used in single
or multiple scenarios (there are 6 scenarios).
Asset module analogy will make it much easier. You maintain
different books (depreciation area). Say you have 3 book
areas 10, 20 & 40. When
capitalization/acquisition/retirement/sale happens; each
business processes impact these books differently based on
the dep. area setting.

b. Document Splitting: Lets say you buy office supplies for
your company (say 5000 p.m). Now your company wants to see
how much was spent on papers, cartridges, copier, markers
and etc. With document splitting you are able to break down
the 5000 p.m. to 2000 (paper) 1000 (cartridges) 1000(copier)
1000 (markers).
Basically its the ability to see the details at minutest level.

Hope this helps.....

Is This Answer Correct ?    10 Yes 0 No

different between general ledger accounting and New G/L accounting? pls expline..

Answer / deepak dicholkar

There are 8 scnarios all together and this is advance
technique and it is utilized for reporting purpose. you
will get consolidated view for document split, special
purpose ledger, and parallel reporting.

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

How AP/AR Mater Data field control?

4 Answers  


in miro what is accounting entry along with tax?

3 Answers   Infosys, Keane India Ltd,


What variations are possible when defining a fiscal year?

0 Answers  


differnce between the 4.7& 6.0

1 Answers   Keane India Ltd, RIIT,


How do you maintain the number range in production environment? Do you directly create it in the production box or do you do it by means of transport?

0 Answers  






how balance/item interest and ovedue interest(compound interest) is calculated at a time for a particula gl/vendor/customer a/c?

1 Answers   Ispat,


In PC for the std cost of proc raw material say A,B,c,D with prices 11,14,10,16 and if I want to pick price 14 as std cost of a product how would you do the configuration in CO-PC

1 Answers  


Dynamic and Static Postings, Explain the Differences in Brief

1 Answers   CA,


How can you manually clear open items? When? : fi- general ledger master data

0 Answers  


can one coa be assigned to several companies..?

3 Answers  


In what format are Bank statements uploaded? What are the advantages of this format?

0 Answers  


How do you configure the assignment of variances from product costing to copa module? : co-pa

0 Answers  


Categories
  • SAP Basis Interview Questions SAP Basis (1262)
  • SAP ABAP Interview Questions SAP ABAP (3939)
  • SAPScript Interview Questions SAPScript (236)
  • SAP SD (Sales & Distribution) Interview Questions SAP SD (Sales & Distribution) (2716)
  • SAP MM (Material Management) Interview Questions SAP MM (Material Management) (912)
  • SAP QM (Quality Management) Interview Questions SAP QM (Quality Management) (99)
  • SAP PP (Production Planning) Interview Questions SAP PP (Production Planning) (523)
  • SAP PM (Plant Maintenance) Interview Questions SAP PM (Plant Maintenance) (252)
  • SAP PS (Project Systems) Interview Questions SAP PS (Project Systems) (138)
  • SAP FI-CO (Financial Accounting & Controlling) Interview Questions SAP FI-CO (Financial Accounting & Controlling) (2766)
  • SAP HR (Human Resource Management) Interview Questions SAP HR (Human Resource Management) (1180)
  • SAP CRM (Customer Relationship Management) Interview Questions SAP CRM (Customer Relationship Management) (432)
  • SAP SRM (Supplier Relationship Management) Interview Questions SAP SRM (Supplier Relationship Management) (132)
  • SAP APO (Advanced Planner Optimizer) Interview Questions SAP APO (Advanced Planner Optimizer) (92)
  • SAP BW (Business Warehouse) Interview Questions SAP BW (Business Warehouse) (896)
  • SAP Business Workflow Interview Questions SAP Business Workflow (72)
  • SAP Security Interview Questions SAP Security (597)
  • SAP Interfaces Interview Questions SAP Interfaces (74)
  • SAP Netweaver Interview Questions SAP Netweaver (282)
  • SAP ALE IDocs Interview Questions SAP ALE IDocs (163)
  • SAP Business One Interview Questions SAP Business One (110)
  • SAP BO BOBJ (Business Objects) Interview Questions SAP BO BOBJ (Business Objects) (388)
  • SAP CPS (Central Process Scheduling) Interview Questions SAP CPS (Central Process Scheduling) (14)
  • SAP GTS (Global Trade Services) Interview Questions SAP GTS (Global Trade Services) (21)
  • SAP Hybris Interview Questions SAP Hybris (132)
  • SAP HANA Interview Questions SAP HANA (700)
  • SAP PI (Process Integration) Interview Questions SAP PI (Process Integration) (113)
  • SAP PO (Process Orchestration) Interview Questions SAP PO (Process Orchestration) (25)
  • SAP BI (Business Intelligence) Interview Questions SAP BI (Business Intelligence) (174)
  • SAP BPC (Business Planning and Consolidation) Interview Questions SAP BPC (Business Planning and Consolidation) (38)
  • SAP BODS (Business Objects Data Services) Interview Questions SAP BODS (Business Objects Data Services) (49)
  • SAP BODI (Business Objects Data Integrator) Interview Questions SAP BODI (Business Objects Data Integrator) (26)
  • SAP Ariba Interview Questions SAP Ariba (9)
  • SAP Fiori Interview Questions SAP Fiori (45)
  • SAP EWM (Extended Warehouse Management) Interview Questions SAP EWM (Extended Warehouse Management) (58)
  • Sap R/3 Interview Questions Sap R/3 (150)
  • SAP FSCM Financial Supply Chain Management Interview Questions SAP FSCM Financial Supply Chain Management (101)
  • SAP WM (Warehouse Management) Interview Questions SAP WM (Warehouse Management) (31)
  • SAP GRC (Governance Risk and Compliance) Interview Questions SAP GRC (Governance Risk and Compliance) (64)
  • SAP MDM (Master Data Management) Interview Questions SAP MDM (Master Data Management) (0)
  • SAP MRS (Multi Resource Scheduling) Interview Questions SAP MRS (Multi Resource Scheduling) (0)
  • SAP ESS MSS (Employee Manager Self Service) Interview Questions SAP ESS MSS (Employee Manager Self Service) (13)
  • SAP CS (Customer Service) Interview Questions SAP CS (Customer Service) (0)
  • SAP TRM (Treasury and Risk Management) Interview Questions SAP TRM (Treasury and Risk Management) (0)
  • SAP Web Dynpro ABAP Interview Questions SAP Web Dynpro ABAP (198)
  • SAP IBP (Integrated Business Planning) Interview Questions SAP IBP (Integrated Business Planning) (0)
  • SAP OO-ABAP (Object Oriented ABAP) Interview Questions SAP OO-ABAP (Object Oriented ABAP) (70)
  • SAP S/4 HANA Finance (Simple Finance) Interview Questions SAP S/4 HANA Finance (Simple Finance) (143)
  • SAP FS-CD (Collections and Disbursements) Interview Questions SAP FS-CD (Collections and Disbursements) (0)
  • SAP PLM (Product Lifecycle Management) Interview Questions SAP PLM (Product Lifecycle Management) (0)
  • SAP SuccessFactors Interview Questions SAP SuccessFactors (33)
  • SAP Vistex Interview Questions SAP Vistex (0)
  • SAP ISR (IS Retail) Interview Questions SAP ISR (IS Retail) (28)
  • SAP IdM (Identity Management) Interview Questions SAP IdM (Identity Management) (0)
  • SAP IM (Investment Management) Interview Questions SAP IM (Investment Management) (0)
  • SAP UI5 Interview Questions SAP UI5 (59)
  • SAP SCM (Supply Chain Management) Interview Questions SAP SCM (Supply Chain Management) (51)
  • SAP XI (Exchange Infrastructure) Interview Questions SAP XI (Exchange Infrastructure) (49)
  • SAP Cloud Platform Interview Questions SAP Cloud Platform (34)
  • SAP Testing Interview Questions SAP Testing (89)
  • SAP SolMan (Solution Manager) Interview Questions SAP SolMan (Solution Manager) (63)
  • SAP MaxDB Interview Questions SAP MaxDB (116)
  • SAP GUI Interview Questions SAP GUI (15)
  • SAP AllOther Interview Questions SAP AllOther (329)