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What functions does the new general ledger offer and why is it so important to understand the interaction between New GL and S/4HANA in detail? Is it still possible to use the account solution in S/4 - even if New GL is activated?
Anyone planning to switch to S/4HANA should get an overview early on, make organizational and system-related decisions and weigh up which preparations are required in the company.
What functions does the new general ledger offer and why is it so important to understand the interaction between New GL and S/4HANA in detail? Is there still the possibility to use the account solution in S/4 - even if New GL is activated?
Anyone planning to switch to S/4HANA should get an overview early on, make organizational and system decisions, and weigh up what preparations are required in the company.
With New GL, you benefit from accelerated period-end closing (fast close), improved mapping options for parallel, international accounting standards and guidelines in your SAP system, and accounting options at profit center, segment, and business unit level.
With New GL, you benefit from accelerated period-end closing (fast close), improved mapping options for parallel, international accounting standards and guidelines in your SAP system, and accounting options at profit center, segment, and business unit level.
Acceleration of period-end closing (Fast Close)
New parallel accounting procedures
Change of leading ledger
Whitepaper "SAP New GL
Whitepaper
"SAP New GL"
No matter whether during the year, retroactively or combined.
With us, you'll introduce the new general ledger in no time!
With the introduction of the new general ledger, companies can, on the one hand, control their processes in financial accounting and controlling in a more targeted manner and, on the other hand, complete them with considerably less time expenditure thanks to innovative functionalities. The real-time integration of controlling with financial accounting represents a major change for financial accounting in ERP. The reduced reconciliation effort is the first step towards simplified month-end closing. This process will be further streamlined with S/4HANA. The simplified and optimized mappi
The possibilities of parallel accounting are supplemented by the document splitting procedure with the balance sheet and income statement presentation on selected dimensions such as profit centers or segments.
Overall, the New GL is a major step towards flexibility. New fields have been added to the data structure and it can also be further expanded with customer-specific fields. In addition, optional scenarios are available to meet both external and internal reporting requirements.
With the introduction of the new general ledger, companies can use innovative functionalities to control their processes in financial accounting and controlling in a more targeted manner on the one hand, and on the other hand, complete them with considerably less time expenditure. The real-time integration of controlling into financial accounting represents a major change for financial accounting in ERP. The reduced reconciliation effort is the first step towards simplified month-end closing. This process will be further streamlined with S/4HANA.
The simplified and optimized mapping options of parallel accounting are supplemented by the document splitting procedure with the balance sheet and income statement presentation on selected dimensions such as profit centers or segments.
Overall, the New GL is a big step towards flexibility. New fields have been added to the data structure and it can also be further expanded with customer-specific fields. In addition, optional scenarios are available to meet both external and internal reporting requirements.
You are about to migrate to SAP New GL and want to do it smoothly? Do you want to implement the changeover with a powerful tool and the greatest possible flexibility? Then let us talk about your requirements today. We will support you in all questions!
You are about to migrate to SAP New GL and want to do it smoothly? Do you want to implement the changeover with a powerful tool and the greatest possible flexibility? Then let us talk about your requirements today. We will support you in all questions!
Support in carrying out analyses of your systems
Definition of the target solution
Harmonization of structures, master data and processes
business reengineering
Implementation of parallel accounting
Execution of test and real migrations
Of course, we support every phase of a New GL migration project. This already begins with the analysis of your existing ERP system. Our experts also provide support during the individual definition of the target solution, the redesign of processes and the harmonization of processes, master data and structures. The same applies to the introduction of parallel accounting, test migrations and the go-live.
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