New gl functionality_by_guntupalli_hari_krishna_Hari Krishna
SAP NUEVO LIBRO MAYOR,SAP NEW دفتر الأستاذ العام,SAP新总账,SAP neue Hauptbuch,एसएपी नई सामान्य खाता,எஸ்ஏபி புதிய பொது லெட்ஜர்,SAP NEW総勘定元帳,SAP의 새로운 원장,SAP General Ledger НОВЫЙ,SAP NUEVO LIBRO MAYOR,SAP NEW GENERAL LEDGER
New gl functionality_by_guntupalli_hari_krishna_Hari Krishna
SAP NUEVO LIBRO MAYOR,SAP NEW دفتر الأستاذ العام,SAP新总账,SAP neue Hauptbuch,एसएपी नई सामान्य खाता,எஸ்ஏபி புதிய பொது லெட்ஜர்,SAP NEW総勘定元帳,SAP의 새로운 원장,SAP General Ledger НОВЫЙ,SAP NUEVO LIBRO MAYOR,SAP NEW GENERAL LEDGER
Migration Guide For SAP S/4 HANA 1809 FICORakesh Patil
You will find as well industry innovations like: Retail and Fashion with new business scenarios including new planning strategies enhanced with segmentation functionality. Banking, coming this release with and Loans Management / Deposits Management enhancements.
Blogs on Document Splitting at www.veritysolutions.com.au
Document Splitting is a very powerful feature delivered by SAP ECC.
Previous to SAP ECC, if new fields were required to General Ledger SAP had to deliver these new fields in Special Purpose Ledger tables. Profit Centre Accounting in R3 was Special Purpose Ledger table 8*, Joint Venture Accounting was ledger 4*. This essentially meant that data had to be copied from General Ledger table GLT0 to special ledger tables so these could be reported upon. However, technical glitches in code and incorrect usage of functionalities caused imbalances between the main ledger GLT0 and the special purpose ledgers.
SAP customers who wanted to expand the functionality of General Ledger to cater to special business requirements (like reporting General Ledger with another fiscal year variant) had to create custom Special Purpose Ledger tables. For example, if a customer wanted to report by two fiscal year variants, they could report one variant using General Ledger and the other variant using Special Purpose Ledger.
All this disparate ledgers reported the same source information in different views. Customers had to execute several month end jobs to ensure synchronisation of data across all these ledgers. Differences in balances and information between ledgers led to delays in month end close and reporting.
With SAP ECC new GL, SAP Customers can add new fields (which SAP calls “scenarios”) into General Ledger. This allows customers to perform, for example, Profit Centre Accounting and Reporting within General Ledger.
With SAP ECC new GL, SAP Customers can add new ledgers (which SAP calls “parallel accounting”) into General Ledger. This allows customers to report, for example, the same General Ledger data in multiple fiscal year variants.
This replication of data happens in real-time. SAP customers no longer need to execute month end jobs to synchronise data between different ledgers.
Account-based COPA is also called a hybrid of general ledger and costing-based COPA. In Account based COPA, you can get a report that is reconciled and consistent with financial accounting. Sales, markeitng and product management details can be obtained from it.
Migration Guide For SAP S/4 HANA 1809 FICORakesh Patil
You will find as well industry innovations like: Retail and Fashion with new business scenarios including new planning strategies enhanced with segmentation functionality. Banking, coming this release with and Loans Management / Deposits Management enhancements.
Blogs on Document Splitting at www.veritysolutions.com.au
Document Splitting is a very powerful feature delivered by SAP ECC.
Previous to SAP ECC, if new fields were required to General Ledger SAP had to deliver these new fields in Special Purpose Ledger tables. Profit Centre Accounting in R3 was Special Purpose Ledger table 8*, Joint Venture Accounting was ledger 4*. This essentially meant that data had to be copied from General Ledger table GLT0 to special ledger tables so these could be reported upon. However, technical glitches in code and incorrect usage of functionalities caused imbalances between the main ledger GLT0 and the special purpose ledgers.
SAP customers who wanted to expand the functionality of General Ledger to cater to special business requirements (like reporting General Ledger with another fiscal year variant) had to create custom Special Purpose Ledger tables. For example, if a customer wanted to report by two fiscal year variants, they could report one variant using General Ledger and the other variant using Special Purpose Ledger.
All this disparate ledgers reported the same source information in different views. Customers had to execute several month end jobs to ensure synchronisation of data across all these ledgers. Differences in balances and information between ledgers led to delays in month end close and reporting.
With SAP ECC new GL, SAP Customers can add new fields (which SAP calls “scenarios”) into General Ledger. This allows customers to perform, for example, Profit Centre Accounting and Reporting within General Ledger.
With SAP ECC new GL, SAP Customers can add new ledgers (which SAP calls “parallel accounting”) into General Ledger. This allows customers to report, for example, the same General Ledger data in multiple fiscal year variants.
This replication of data happens in real-time. SAP customers no longer need to execute month end jobs to synchronise data between different ledgers.
Account-based COPA is also called a hybrid of general ledger and costing-based COPA. In Account based COPA, you can get a report that is reconciled and consistent with financial accounting. Sales, markeitng and product management details can be obtained from it.
The SAP FICO module covers almost all finance and accounts related business process. The professionals who wish to understand this module and build a career here can go for SAP FICO online training and learn the skills to manage the entire financial accounting of your organization.
SAP ERP S4HANAFinanceMOTIVATIONThis material is an.docxtodd331
SAP ERP: S/4HANA
Finance
MOTIVATION
This material is an introduction to SAP S/4HANA financial functionality. It is aimed at students at universities and other educational institutions with limited experience with accounting
It can be used in the classroom or for self-study.
On completion of the course, students will be able to understand the basic concepts general ledger accounting.
The material also serves as a reference for occasional users of SAP systems.
LEARNING METHOD
The learning method used is “guided learning.” The benefit of this method is that knowledge is imparted quickly. Students also acquire practical skills and competencies. As with an exercise, this method explains a process or procedure in detail using the GBI case study
Exercises at the end enable students to put their knowledge into practice.Product
SAP S/4HANA
Level
Introductory
Focus
ERP Systems- Finance
Author
Dr. Paul Hawking
Dr. Susan Foster
Reviewed by
Urooj R. Khan
Version 1.2019
Table of Contents
Introduction3
Accounting3
Financial Accounting3
Process Overview4
General Ledger Master Records5
Task 1: Display the Chart of Accounts6
Task 2: The Chart of Accounts Applied to the General Ledger9
Task 3: Display General Ledger Account11
Task 4: Post Transfer of Funds to Alternate Bank Account13
Task 5: Display G/L Account Balance17
(a) Adding a Fiori Tile:17
(b) Displaying Account Balances:18
(c) Displaying Accounting Documents21
Task 6: Displaying Journal Entries22
Task 7: Post Purchase of Office Supplies24
Task 8: Display General Ledger Account Balances27
IntroductionScenario
Global Bikes Inc (GBI) was founded in 2001 following the merger of two bicycle manufacturers, one based in the US and the other in Germany. GBI has three lines of business: deluxe and professional touring bikes, men’s and women’s off-road bikes, and bike accessories. GBI sells its bikes to a network of specialized dealers throughout the world, and it procures its raw materials from a variety of suppliers globally.
GBI has two manufacturing facilities, one in the US and one in Germany. It also has three additional warehouses, two in the US and one in Germany. GBI has more than 100 employees globally. The organization uses SAP ERP to support its processes. The company has a new bicycle for sale- Mongoose Mountain Bike.
Accounting
The function of accounting is to provide financial documentation and information for an enterprise and other interested parties that are associated with it. There are basically two types of accounting:
· External accounting is oriented more towards satisfying the information requirements of external parties. This is referred to as Financial Accounting (FI).
· Internal accounting meets the reporting demands of internal enterprise groups. This is referred to as Cost Accounting (CO).
External Reporting
External Accounting
Internal Accounting
Product Cost s
Internal Reporting
Cost Centres
Profit Centres
Profit Margins
Retained Earnings
Liquidity Calc’n
Prof.
SAP Asset accounting book Sample PDF by LearnSAPLearnSAP LLC
http://www.learnsap.com/sap-study-material.php
SAP Asset accounting step by step study sample material - visit our website http://www.learnsap.com/sap-study-material.php for complete access of printed hardcopy.
These SAP step by step study guides are carefully written by experienced and certified instructors based in the USA
Call +1-832-419-7371 for more details
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
1. Business Segments and it’s Reporting
July 2015
Understanding Segment Reporting – SAP New GL
2. 2
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
Disclaimer
Segment Reporting – SAP New GL
(Reference: International Financial Reporting Standard 8 (IFRS 8) which replaces the requirement of IAS 14))
(A GUIDE)
(For information purpose only)
author :
Ashok Backiaraj
SAP Project Manager & SAP FICO Consultant
(freelancer)
http://www.linkedin.com/in/ashokbackiaraj
(Disclaimer: This slide share/blog is a simple guide to understand Operating Segments and shall not be taken as legal base.
The author accepts no liability or responsibility to the contents of this publication or any reliance based on it. This is for
information and education purpose only)
3. 3
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
What is an Operating Segment?
An Operating Segment is a component of a Business Entity, which engages in business
activities from which it may earn revenues and incur expenses. This includes inter-
segment revenues and expenses relating to transactions of the same entity.
Wind Energy
Generators
Solar
Energy
Inter-Segment
Revenue &
Expenses
Entity
4. 4
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
What is an Operating Segment?...Continued…
The Operating results of each Segment is regularly reviewed by the entity’s ‘Chief
operating decision maker (CODM)’ to make decisions about resources to be allocated to
the Segment and assess its performance; and for each Operating Segment, discrete
financial information is available viz., P&L and B/S.
To sum up, the purpose of operating segment reporting is to make the profit and risk
situation of individual business areas transparent. Since operating segment reporting must
be configured in accordance with specific customer requirements, an analysis of Entity’s
business activities under the guidance of IFRS 8 guidelines is required.
5. 5
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
Who is a chief operating decision maker (CODM)?
The CODM is nothing but a “function”. A function may be of Chief Operating Officer or of
Senior Management Team or of the Board of Directors. The function is empowered to
allocate entity’s resources. The function will assess the performance of Operating
Segments for key business decision making.
Chief Operating Officer
Senior Management Team
The Board of Directors
Function
Function
Function
CODM
6. 6
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
How to determine an entity’s Operating Segment?
If Operating Segment’s reported revenue (external and inter-segment) is 10% or more of
the combined revenue of all Operating Segments; - (Revenue Test)
(OR)
If the absolute amount of the segment’s reported profit or loss is 10% or more of the
greater: - ( P & L Test )
1. of the combined reported profit of all operating segments that did not report a loss.
2. of the combined loss of all operating segments that reported a loss;
(OR)
7. 7
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
How to determine an entity’s Operating Segment?
If the segment’s assets are 10% or more of the combined assets of all operating segments.
–( Asset Test )
Then, the Segment needs to be determined as reportable ‘Operating Segment’. After
determining the reportable operating segments, the entity should ensure that the total
external Revenue attributable to those reportable Operating segments is at least 75% of
the entity’s total revenue.
When the 75% threshold is not met, additional reportable operating segments should be
identified (even if they do not meet the 10% thresholds), until at least 75% of the entity’s
total external revenue is included in its reportable operating segments.
……….Let us see an Example in the next slide, to understand how to determine the
Segments ……….
8. 8
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
How to determine an entity’s Operating Segment?
Example:
An Entity has operating segments as detailed below:
Operating Segments Total Revenue Profit/Loss Total Assets
Wind Energy 22,000 4,000 50,000
Solar Energy 15,000 2,000 31,000
Generators 6,000 (2,000) 21,000
Accessories 7,000 (1,000) 14,000
Maintenance Service 8,000 1,200 14,000
Warranty 3,000 800 7,000
TOTAL 61,000 5,000 137,000
The revenues include both internal and external revenue with respective profits or losses.
Now the Entity needs to determine how many reportable segments it has. …………Let us
see the Analysis in the next slide …….
9. 9
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
How to determine an entity’s Operating Segment?
The following Operating Segments clearly satisfy the revenue and assets tests under IFRS 8
and they are separate reportable segments. There is no need to consider the profit test.
1. Wind Energy,
2. Solar Energy,
3. Accessories and
4. Maintenance Service
Operating Segment ‘Generators’ does not satisfy the revenue test. But it does satisfy the
assets test. Hence it is a reportable segment. Here, there is no need to consider the profit
test.
Operating Segment ‘Warranty’ does not satisfy the revenue or the assets tests. But it does
satisfy the profits test because its profit of 800 is 10% of the greater of the absolute
amount of losses of those segments in loss (3,000) and those that either break even or
make a profit (8,000 including segment ‘Warranty’). Therefore segment ‘Warranty’ is a
reportable Operating segment.
10. 10
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
Must all Operating Segments be ‘Reportable
Segments’?
Not every operating segments need to be reported separately. Operating segments are
only need to be reportable, if they exceed quantitative thresholds, as explained in the
previous slides.
Non-reportable
Segment
11. 11
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
What is the Minimum number of reportable
operating segments?
An Entity can restrict its number of operating segments, after determining the reportable
operating segments. To do so, the entity should ensure that the total external Revenue
attributable to those reportable operating segments is at least 75% of the entity’s total
external revenue.
If the Entity’s 75% threshold is not met, additional reportable operating segments should
be identified (even if they do not meet the 10% thresholds), until at least 75% of the
entity’s total external revenue is included in its reportable operating segments.
Reportable segments reach 75% of total External Revenue
12. 12
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
How to split Profit & Loss and Balance Sheet,
Operating Segment wise?
US GAAP requires a virtually complete balance sheet at the operating segment level. This
means essentially every Balance Sheet items apart from stockholders' equity.
Top ERP software companies now-a-days upgrade their product to a newer version, to
meet this international requirement as our business spreads in a global village. With
MYSAP ERP releases (ECC 5.0 onwards) SAP introduced New GL functionality. The Internal
architecture of General Ledgers and available functionality has changed significantly.
SAP New GL ( version ECC 6.0 and above) has the following restructured new
functionalities:
1. Segment reporting. Profit Centre & Segment wise Financial Statements
2. Real time document splitting based on Scenarios (Example Profit Centre, Segment etc)
3. Real time FI – CO reconciliation
4. Parallel Ledgers for various Accounting Standards and Regional Fiscal requirement
Accordingly, now Financial Accounting Group has reconcilable data flow from
Management Accounting Group too.
13. 13
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
How to split Profit & Loss and Balance Sheet,
Operating Segment wise? – Continued..
When SAP introduced Classic G/L functionality, in R/3, there was a clear demarcation
between Financial Accounting Module (FI) and Controlling (CO) Module and it was
stressed that FI Module is to be used only for external reporting and CO Module to be
used for internal reporting.
Business users always had tough time over this difference, because accounting
department has always seen these two functions as one. New G/L attempts to satisfy
financial users by giving them a single unified tool for all the reporting needs.
14. 14
http://www.linkedin.com/in/ashokbackiaraj.(A guide for educational purpose only)
My Slide share/Blog topics in pipeline are :
1. SAP Parallel Ledger Concept – Earlier Business had to deal with different ledgers in
different modules. SAP ledgers are combined in G/L by introducing parallel ledger
concepts. Leading Ledger is assigned to all Company Codes and Non Leading ledgers can
be assigned to individual company codes to meet specific requirements. There can be
only one leading ledger. All the data from other modules such as Controlling and sub-
ledgers such as AA, AP, AR flows to leading ledgers which posts in Profit Centres and
Segments in real time.
2. Multi-currency and Multi-Valuations viz., Group, Legal and Profit Centre-(Segment)
valuations
3. Reconciliation ledger to reconcile CO with FI in real time transaction postings.
4. Migration from SAP Classic GL to SAP New GL (Segmentation) functionalities.