SAP New GL Configuration Document (E-Book)

SAP New GL Configuration Document

This document explains about New GL concept and configuration in step by step manner with screenshots. This document help you to understand sap FI New  GL configuration in systematic manner and you need not to waste your time in SPRO for New GL configuration.

  

 

Be the first to review this product

EBOOK FORMATS

This ebook or some part of document set is in given format.

SECURE & INSTANT DOWNLOAD

Description :

This document explains about New GL concept and configuration in step by step manner with screenshots. This document is very useful for all SAP FI consultant and or who are having aspiration to be FI consultant. This document help you to understand sap FI New  GL configuration in systematic manner and you need not to waste your time in SPRO for New GL configuration.

You can use this document for learning and implementing projects. If you are going to attend SAP certification examination, this document may help you to understand the concept of SAP FI New GL and configuration option available for the same.

This document explain in step by step manner with screenshot for following topics 

• Benefit of New GL and,
• Configuration Steps for New GL 

Steps are involved for the configuration of New GL 

• Activation of New GL
• Ledger Configuration
• Document Splitting

Configuration steps for Document Splitting 

• Classify G/L Accounts for Document Splitting
• Classify Document Types for Document Splitting
• Define Zero-Balance Clearing Account
• Define Document Splitting Characteristics for General Ledger Accounting
• Define Document Splitting Characteristics for Controlling
• Define Post-Capitalization of Cash Discount to Assets
• Edit Constants for Non assigned Processes
• Activate Document Splitting

This document also contains tips and tricks about New GL,

• All about table FAGLFLEXT and FAGLFLEXA
• New GL T Codes List
• Sample KDS for GL Accounts
• Clear explanation for entry view and GL view for individual document
• How to use / derive segment  

Table of Index for this documents are given below 

• Benefit of New GL
• Configuration Steps for New GL
• Activation of New GL
• Define Ledgers for General Ledger Accounting
• Define Currencies of Leading Ledger        
• Define and Activate Non-Leading Ledgers  
• Assign Scenarios and Customer Fields to Ledgers 
• Activate Cost of Sales Accounting   
• Define Ledger Group
• Define Accounting Principles
• Assign Accounting Principle to Ledger Groups       
• Document Splitting   
• Concept of Document Splitting       
• How system split documents
• Configuration Steps for Document Splitting
• Extended Document Splitting
• Extended Document Splitting
• Important Tips for New GL Accounting
• Segment      
• Derivation of Segment
• Document View in New GL Accounting
• Entry View
• GL View        
• T Code Used in New GL Ledger Specific posting

Integration FI-MM (Down Payment when PO transaction)

Down Payments: User can choose to enter the DP amount or % along with the due date for the payment. Once the PO is released, the PO can be further processed for the payment of DP w.r.t PO using a separate report, which shows the DP against PO. 

The FI user can choose to change the due date or amount, then further process the payment from the same report itself. This functionality eliminates the manual adv. payment request or F-47/F-48 transactions in SAP, which are in isolation to PO.

This functionality eliminates the manual entries for Retention amount and helps tracking the retention money vendor wise using a separate Special G/L indicator ‘H’.

Step - step for activate Down Payment PO :

A. Activate the business function: “LOG_MMFI_P2P” (Note: it’s BASIS activity).

     Transaction code: SFW5

   Activate the business function. 

B. Step 2:  Create PO.

     Transaction Code : ME21N

 Down payment can be mentioned at Header level or at item level as needed.

As of now header level DP is not fully supported, hence I am illustrating Item level DP processing. 

There are 2 types of down payment categories: 

a. Mandatory Down Payment – As per negotiation, down payment is must for this transaction.

b. Voluntary Down Payment – Company is willing to pay down payment without any request from vendor 

Select Option Mandatory Down Payment. (Note: this has no impact / control on any other transaction;

it’s only a classification of the down payment for the reporting)

Check and Save the document.

 Release the PO: ME29N.

C. Go to the report Down payment monitoring for PO.

      

      TCode: ME2DP.

This Transaction is used by FI team for monitoring and processing the DP.

Use can choose the different type of selection conditions as needed.

System displays the list of PO which contains the Down payment request in PO header or item level. 

     Indicates DP is not yet processed

     Indicates DP is processed and payment made

   Indicates DP is at header level 

Select the required PO for processing further. 

User can choose the required options 

Press Enter

Save the document once Simulated.
 

Come back and check the status

End of process 1 Down payments in PO.

(source : sapfunctional.com)

 

    

 

 

 

F-53 (Post Outgoing Payment)

Functionality

This functions allows you to post a vendor payment manually and clear the open item(s). Most of the outstanding invoices will be paid by payment program (F110), but it may happen that for some rarely used bank accounts this program will not be configured. In such cases payment for vendor documents will be done manually and you’ll need to post the bank documents using the transaction F-53.

Scenario

You need to pay an invoice based on a business requirement where you don’t want to wait for the next payment run or you need to pay an invoice from the bank account that is not relevant for the automatic payment program.

 

Requirements

Outstanding vendor invoice.

Menu Path	Accounting ® Financial Accounting ® Accounts Payable ® Document entry ® Outgoing payment ® F-53 - Post
Transaction Code	F-53

Double click on F-53 – Post

 

 

Field Name	Field Description	Values
Document date	Date the transaction occurred	Example:  18.11.2012
Company code	Code identifying a separate legal entity for which a separate set of accounts is maintained for external reporting purposes	Example:  UII
Posting date	Date that the business transaction occurred	Example:  18.11.2012
Currency/rate	Code identifying the currency used in the transaction	Example:  IDR
Reference	Vendor document reference, like invoice number	Example:   Free Text
Account	Code identifying the General Ledger account	Example:  1111112100
Amount	Amount of a payment	Example:  1000000
Value date	Today's date	Example:  18.11.2012
Account	Code identifying the Vendor account	Example:  1001500

You entered the basic payment data. Now you need to clear your bank document with an outstanding invoice. To do so, click Process open items Button . The system will display full list of outstanding vendor documents:

All invoices are not selected for processing. Select the document you want to clear with you payment by double-clicking on it (choose document 10001113).  Now the selected document is displayed in blue and the value of the field “not assigned” is equal 0.

You can simulate your document before posting it. From the menu path choose “Document -> Simulate” to display document overview:

To post your document, click Save Button..

The message bar displays “The document number XXXXXXXX was created in company code XXXX”.