Customizing New General Ledger Accounting

In this chapter, you learn how to define leading and non-leading ledgers based on the totals table in the new G/L accounts. These ledgers will enable you to perform parallel accounting to meet different accounting disclosure requirements.

At the end of this chapter, you will be able to:

  • Explain what a new general ledger is
  • Define ledgers for general ledger accounting
  • Define leading and non-leading ledgers
  • Define currencies of a leading ledger
  • Explain what a scenario is
  • Assign accounting principles to ledger groups
  • Describe real-time integration of controlling with FI
  • Define documents for entry ...

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