CO FI Reconciliation in SAP new GL

Overview CO to FI reconciliation is one of the significant process improvements in SAP new GL.  Cross company code postings in Controlling ledger is the main cause of difference between FI ledger and CO ledger. If users post cross company code in CO ledger, the corresponding “legal” effect (i.e. cross company billing and accounting) of this transaction does not reflect…

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Are you not on Twitter yet?

Are you not on Twitter yet? Twitter is a powerful and disruptive medium of communication, but few are reluctant to use Twitter as medium to disseminate and gain knowledge and news. Twitter is the little obscure sister of Facebook; many actively participate on Facebook but most do not know what to do with Twitter or how to use it. When…

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My blogs on Document Splitting re-structured

Today I re-structured all my blogs on Document Splitting. I have not changed the content or the concepts behind each blog. I merely put content into paragraphs and also put proper introductions and conclusions to all of them. When I started writing these blogs, I did not expect to have as many in the series. Each blog had a different…

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Document Splitting in New GL in SAP #10 Document Splitting in Cross company code vendor payment

Overview In this blog, I explore the effect of Document splitting on cross company code vendor payment (with the same currency). When a vendor payment is made across company codes (eg. group bank account from a company code pays all vendors across it group company codes), multiple documents are generated – each for every company code posted to. All the…

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