Document Splitting in New GL in SAP #12: Document Splitting and unrealised foreign exchange loss/ gain

Overview In a previous blog, I demonstrated the Document Splitting process for realised foreign exchange gain/ loss. In this blog, I will demonstrate the Document Splitting process for unrealised foreign exchange gain/ loss. Unrealised foreign exchange gain/ loss occurs when a company has an outstanding payable/ receivable in a foreign currency and the value of currency has changed since the…

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Can SAP ECC newGL replace your existing Special Ledger?

Overview One of the common question most customers ask me “Can SAP ECC newGL replace my existing Special Ledger?” However the answer to that question is far from simple. One needs to understand the purpose and design of the existing Special Ledger and map those to SAP ECC newGL features to be able to give a definitive answer. In this…

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Classic vs newGL Profit Center Accounting

Classic vs newGL Profit Center Accounting #4

  Overview With SAP ECC, SAP introduced a new architecture for SAP Financials. One of the key features is the “merger” Classic Profit Center Accounting (EC-PCA) with General Ledger. This brought SIGNIFICANT benefits to customers in terms of faster period close. This is the last in the series of four blogs on comparison between Classic and newGL Profit Center Accounting. EC-PCA is…

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Classic vs newGL Profit Center Accounting #3

Classic vs newGL Profit Center Accounting #3

Overview With SAP ECC, SAP introduced a new architecture for SAP Financials. One of the key features is the “merger” Classic Profit Center Accounting (EC-PCA) with General Ledger. This brought SIGNIFICANT benefits to customers in terms of faster period close.  This is the third in the series of four blogs on comparison between Classic and newGL Profit Center Accounting. EC-PCA is…

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Classic vs newGL Profit Center Accounting #2

Classic vs newGL Profit Center Accounting #2

Overview With SAP ECC, SAP introduced a new architecture for SAP Financials. One of the key features is the “merger” Classic Profit Center Accounting (EC-PCA) with General Ledger. This brought SIGNIFICANT benefits to customers in terms of faster period close. This is the second in the series of four blogs on comparison between Classic and newGL Profit Center Accounting. EC-PCA is…

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Classic vs newGL Profit Center Accounting #1

Classic vs newGL Profit Center Accounting #1

Overview With SAP ECC, SAP introduced a new architecture for SAP Financials. One of the key features is the “merger” Classic Profit Center Accounting (EC-PCA) with General Ledger. This brought SIGNIFICANT benefits to customers in terms of faster period close.This is the first in the series of four blogs on comparison between Classic Profit Center Accounting (EC-PCA) and newGL Profit Center…

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Overhead Allocations in SAP new GL

  Overview Overhead Allocation in SAP Controlling has not changed much, by itself, with the introduction of new GL. The process remains the same; however its impact on financial documents in newGL has undergone a change. Also, previously you could perform overhead allocation within Profit Center Accounting. That feature has moved within the general Ledger module. In this blog, I will…

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