SAP ECC 6.0: New GL Configuration Steps

1.Activate the New General Ledger Accounting by a single click on the clock icon.

2.You will reach to change view "activation of New GL A/cg" detail screen and tick the checkbox and save.

3. After activation of New General Ledger Accounting, you exit the IMG screen When you re enter , you find that a new node is added Financial Accounting (New)
4.After activation of New General Ledger Accounting , a new sub node appears in the IMG structure.
This sub node is Define Segment: The menu path is:
SAP Customizing IMG Enterprise Structure  Definition  Financial Accounting  Define Segment
In this IMG activity, you define your segments.

5. If you then define your profit centers, you can enter an associated segment in the master record of a profit center. The segment is then derived from the assigned profit center during posting. Activation has created a new field in Profit Center Master Record: the SEGMENT.

6. Leading and Non- Leading Ledgers
The menu path is: SAP Customizing IMG Financial Accounting ( New )  Financial Accounting Basic Settings (New) Ledgers  Ledger  Define Ledgers for General Ledger Accounting
Clicking on the checkbox identifies one of your ledgers as the Leading Ledger.
You must designate one of your ledgers as the Leading Ledger. It is not possible to designate more than one ledger as the leading ledger.
In General Ledger Accounting, you can use several Ledgers in parallel. This allows you to produce financial statements according to different accounting principles. A ledger uses several dimensions from the totals table it is based upon. When defining Ledgers, one must be defined as the Leading Ledger. The Leading Ledger is based on the same accounting principles as that of the consolidated financial statements. It is integrated with all subsidiary ledgers and is updated in all company codes. This means that it is automatically assigned to all company codes. In each company code, the Leading Ledger receives exactly the same settings that apply to that company code: the currencies, the fiscal year variant and posting period variant.

7. Activation of Non Leading Ledgers
SAP Customizing IMG  Financial Accounting (New Financial Accounting Basic Settings (New)  Ledgers  Ledger  Define and Activate Non -Leading Ledgers
Non Leading Ledgers are parallel ledgers to the Leading Ledger. They can be based on local accounting principle, for example. You have to activate a non- Leading Ledger for individual company codes. Non- Leading Ledgers can have different fiscal year variants and posting period variants per company code to the Leading Ledger of this company code.

8. Assign scenarios and customer fields to ledgers
PathFinancial accounting (New)Financial accounting basic Settings (New) Ledgers FieldsDisplay Scenarios for General Ledger Accounting. Or
Financial Accounting (NEW) > Financial Accounting Global Settings (New) > Ledgers > Ledger > Assign scenarios and customer fields to ledgers
a. Scenarios: determines what fields in a ledger are updated when it receives posting from other application components
b. A Scenario combines Customizing settings from different business views. Each business view specifies which posting data is transferred from different application components in General Ledger accounting, such as cost Center update or Profit Center update .You assign the desired scenarios to your ledgers. For each ledger, you define which fields are filled with posting data from other application components.
c. Custom Fields: you can add custom fields (that you have already defined) to the ledger.
d. Versions: this enables you to make general version settings for the ledger that depend on the fiscal year. In the versions, you specify whether actual data is recorded, whether manual planning is allowed, and whether planning integration with Controlling is activated.
e. SAP delivers a number of scenarios in the standard system. It is not possible to create additional scenarios.
Example: Scenario for General Ledger Accounting:
FIN_PCA Profit Centre Update, FIN_SEGM Segmentation

9. Cost of sales accounting
We can activate Cost of Sales Accounting by the following menu path :
SAP Customizing IMG  Financial Accounting ( New )  Financial Accounting Basic Settings (New) Ledgers Ledger Activate Cost of Sales Accounting
Cost of sales accounting is a way to create a profit and loss statement (P&L) for a company by comparing the revenues to the costs or expenses incurred to obtain these revenues.
The expenses are mainly divided by functional area such as:
Manufacturing, Administration, Sales, and Research and Development

10. Define Field Status Variants
Path Financial Accounting (NEW) > Financial Accounting Global Settings (New) > Ledgers > Fields > Define Field Status Variants
In this activity you create a field status variant with the corresponding field status groups
10a. Assign Company Code to Field Status Variants
Path Financial Accounting (NEW) > Financial Accounting Global Settings (New) > Ledgers > Fields > Assign Company Code to Field Status Variants

11. Define Currencies of Leading Ledger
PathFinancial Accounting (NEW) > Financial Accounting Global Settings (New) > Ledgers > Ledger > Define Currencies of Leading Ledger
In this IMG activity, you specify the currencies to be applied in the leading ledger. You can make the following settings for each company code:
oThe local currency (as company code currency) is specified in the company code settings.
oYou can define one or two additional local currencies that you store per company code parallel to the first local currency.

12. Assign Posting Periods Variants to Company Code
PathFinancial Accounting (NEW) > Financial Accounting Global Settings (New) > Ledgers > Fiscal Year and Posting Periods > Posting Periods > Assign Variants to Company Code
In this activity, you make the specification that is necessary to be able to work in several company codes with the same variant for open posting periods.

13. Define Accounting Principles
PathFinancial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Parallel Accounting > Define Accounting Principles
In this activity, you define your accounting principles. Then you can assign the desired ledger group to the accounting principles.
For performance reasons, you can combine several different accounting principles in one entry; for example, you create one accounting principle for IAS/US-GAAP.
Accounting Principles Name
HGB Local GAAP Germany
13a. Assign Accounting Principle to Ledger Groups
PathFinancial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Parallel Accounting > Assign Accounting Principle to Ledger Groups
Accounting Principles Target Ledger Group
HGB 0L

14. Assign Variants for Real-Time Integration to Company Codes
PathFinancial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Real-Time Integration of Controlling with Financial Accounting > Assign Variants for Real-Time Integration to Company Codes
In this IMG activity, you assign the variants to one or more company codes in which you have combined customizing settings for the real-time integration of Controlling with Financial Accounting. If you assign no variant to a company code, no real-time integration is activated for that company code.

15. Define Document Number Ranges for General Ledger View

Only one document number interval can be defined for each document type in a company code. The document number intervals in a company code must not overlap.
In this activity you define the number ranges which are to be used for the document types.

16. Define Document Number Ranges for Entry View
Only one document number interval can be defined for each document type in a company code.
Financial Accounting (NEW) > Financial Accounting Global Settings (New) > Document > Document Number Ranges > Documents in Entry View > Define Document Number Ranges for Entry View

17. Define Document Types for Entry View
In this IMG activity, you have to define for your leading ledger the document types for the documents. You do this in the entry view and assign at the same time a number range interval to the document types.
Financial Accounting (NEW) > Financial Accounting Global Settings (New) > Document > Document Types > Define Document Types for Entry View

18. Change Message Control for Document Processing
In this activity, you can configure the appearance of system messages according to requirements.
Financial Accounting (NEW) > Financial Accounting Global Settings (New) > Document > Default Values > Change Message Control for Document Processing
Work Area Message Online Batch Input
F5 671 W W
F2 145 I I
F2 144 I I

19. Classify Document Types for Document Splitting
Every business transaction that is entered is analyzed during the document splitting process. In this process, the system determines which splitting rule is applied to the document. In order that the system can determine the splitting rule, you have to assign a business transaction variant to each document type.
To ensure that a splitting rule is used appropriately, the relevant documents have to meet certain requirements. These requirements relate in particular to certain item categories that either must or must not be available. This information is specified for each business transaction variant and is checked against the current document during posting. If the document does not meet these requirements, the system rejects the posting.
Financial Accounting (NEW) > General Ledger Accounting (New) > Business Transactions > Document Splitting > Classify Document Types for Document Splitting
Document Type Transaction Type Variant
DV 0200 0001
KZ 0000 0001

20. Define Document Splitting Characteristics for General Ledger Accounting
In this step, you specify an input tax indicator per company code.
Then the system uses this indicator when you post acquisitions that are not subject to tax.

Financial Accounting (NEW) > General ledger accounting (NEW) > Business transactions > Document splitting > Define Document Splitting Characteristics for General Ledger Accounting

Field Zero Balance Partner Field Mandatory
SEGMENT Segment √ PSEGMENT Partner Segment √

21. Define Document Splitting Characteristics for Controlling
In this IMG activity, you specify which additional characteristics you intend to apply for document splitting.
The additional characteristics are not relevant for General Ledger Accounting.
Instead, they are relevant for other application components (such as subcomponents in CO) that use documents transferred from General Ledger Accounting.
Financial Accounting (NEW) > General ledger accounting (NEW) > Business transactions > Document splitting > Define Document Splitting Characteristics for Controlling
Field
AUFNR Order
KOSTL Cost Center