Configuring New General Ledger Accounting Purpose Before you can start working with the functions of New General Ledger Accounting, you have to activate them and make the general settings for Accounting. Furthermore, you have to configure the ledgers you use in General Ledger Accounting. On the basis of this data, you set up the integration with Controlling (CO) and, where applicable, your parallel accounting. Process Flow 1. Activate New General Ledger Accounting. For information on this, see Activating General Ledger Accounting. 2. Make the general settings for the fiscal year, the posting periods, and the currencies . You find the settings for the fiscal year and posting periods in Customizing for Financial Accounting (New)under Financial Accounting Global Settings (New) Ledgers Fiscal Year and Posting Periods . 3. Configure your ledgers . 4. Define the integration with Controlling . 5. Where applicable, set up parallel accounting .
Configuring New General Ledger Accounting Purpose Before you can
start working with the functions of New General Ledger Accounting,
you have to activate them and make the general settings for
Accounting. Furthermore, you have to configure the ledgers you use
in General Ledger Accounting. On the basis of this data, you set up
the integration with Controlling (CO) and, where applicable, your
parallel accounting. Process Flow 1.Activate New General Ledger
Accounting. For information on this, see Activating General Ledger
Accounting. 2.Make the general settings for the fiscal year, the
posting periods, and the currencies . You find the settings for the
fiscal year and posting periods in Customizing for Financial
Accounting (New)under Financial Accounting Global Settings
(New)LedgersFiscal Year and Posting Periods . 3.Configure your
ledgers . 4.Define the integration with Controlling . 5.Where
applicable, set up parallel accounting .
