Solution : https://service.sap.com/sap/support/notes/779251 (SAP Service marketplace login required)
Summary :
This SAP Note clarifies options for implementing parallel accounting in mySAP ERP's new general ledger, focusing on whether to utilize an account solution or a ledger solution. For organizations adhering to multiple GAAPs and utilizing the general ledger for external reporting, parallel accounting can be accomplished through multiple ledgers—or General ledgers—each adhering to different accounting principles, or through specific G/L accounts for various GAAPs. Key considerations include the manageability of G/L accounts and the handling of valuation differences. The note discusses the integrated nature of these solutions within the new general ledger system of mySAP ERP, emphasizing that both solutions are considered equally viable by SAP.
Key words :
sap generally considers theledger solution, data volume increases due, thanone accepted accounting principle, mysap erp parallel accounting, relevant alternative acocunting principles, valuation gaap differences occur, common accounts + specific accounts, consolidated financial statements, respective company code, fiscal year variants
Related Notes :
| 1330451 | SAP ERP: Changing leading reporting |