New General Ledger Configuration Scenario

Configuration Scenario:

A Grp of companies (Parent company) is a multinational company with companies across the world with base in Germany. The company has decided to implement SAP for its subsidiary G Ltd located in India. A Grp of

companies have to use the common chart of accounts.  The currency in India is INR.  The Parent company wants the accounts to be prepared based on Calendar year January to December. The  Financial reporting should be in EURO.

G Ltd has a local reporting requirement under the companies act G Ltd also has a tax requirement to prepare it Accounts based on accounting period April to March. Based on the above requirements we need to configure the following using the SAP New GL structure :-

Create company code 9101 – G Ltd.

The company code currency– INR

Parallel currencies to be implemented – EURO

Common chart of accounts – YCCA

Ledger 0L (leading valuation view)  reporting period  – Jan to December for group reporting

Ledger Y1 (additional ledger) for local reporting under the companies act.

Ledger Y2 (additional ledger) for local tax reporting period (April to March)

New General Ledger

The general ledger in SAP R/3 is highly heterogeneous. In SAP R/3, customers have to implement several SAP components in order to fulfill international and industry-specific accounting requirements. To ease this problem, SAP has created a new, flexible general ledger solution in SAP ERP.

New G/L merges the classic general ledger with profit center accounting, special ledgers (including cost-of sales ledger), and the consolidation-staging ledger.


To make the settings and use the new General Ledger Accounting, one need to activate it.
To do this: SPRO--> Financial Accounting--> Financial Accounting Global Settings --> Activate new General Ledger Accounting  (Or T code is FAGL_ACTIVATION).


Activating General Ledger will have the following effects on SAP screen and system. 
- General Ledger customization will appear in the SAP reference IMG screen, 
  It will be under the settings Financial Accounting (new)-->Financial Accounting Global settings (new) and General 
  Ledger Accounting (new)- General Ledger Accounting functions appears in the SAP easy access menu under Accounting --> Financial   Accounting --> General Ledger


Activating new General Ledger will also activate the tables for the new GL.


FAGLFLEXT-Totals data table


FAGLFFLEXP-Plan line data table 


FAGLFEXA-Actual line data table


FAGL_SPLINFO_FAGL_SPLINFO_VAL-splitting data table