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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Document Splitting in New GL in SAP #11: Document Splitting and realised foreign exchange loss/ gain

Overview SAP ECC newGL Document Splitting process supports certain “subsequent processes whereby the system transfers document splitting characteristics from the original process to the subsequent process.” Users are not required to configure any extended Document Splitting rules to split documents from subsequent processes. If subsequent processes post line item to cost centres, the system ensures that these cost centre relevant…

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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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Parallelisation of COPA Assessment Cycles

Parallelisation of COPA Assessment Cycles

  Overview In this blog, I will explain the concept and the setup of cycle run groups and how to execute COPA Assessment Cycles in parallel. Assessment cycles are generally executed at period end and take up a significant portion of month end processing time. There are several dependencies before they can be run and profitability reports are reviewed after…

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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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