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SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System
book

SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System

by Andrew Okungbowa
December 2022
Intermediate to advanced content levelIntermediate to advanced
461 pages
8h 58m
English
Apress
Content preview from SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System
© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
A. OkungbowaSAP S/4HANA Financial Accounting Configurationhttps://doi.org/10.1007/978-1-4842-8957-0_17

17. Ledgers

Andrew Okungbowa1  
(1)
New Addington, UK
 

In most cases, global organizations usually operate various accounting standards such as group accounting standard, local accounting standards, tax accounting standards, and so on. As a result, it may be important for large organizations to set up parallel accounting. SAP recommends to use separate ledgers for each accounting principle. For example, one ledger with US GAAP assigned to it and another with local accounting principle, and so on.

These forms of accounting standards need to be represented in ...

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Publisher Resources

ISBN: 9781484289570Purchase LinkPublisher Website