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New General Ledger Accounting

and Industry Solutions

Solution Management ERP FinancialsSAP AG


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Local GAAP

US GAAP

xxx xxx xxx

Advantages of New General LedgerAccount ing:

Fin. & Mgmt Accounting in one environment

Extensibility for customer fields

Support of internat.reporting requirements

Support of parallel accounting

Fast Close

Greater transparency

Reduced TCO

Document Entry

Debit

100

Acct / Segmt

-------------------- A---------- B

Credit

6040

OnlineDocumentSplitting

IFRS

Multidimensional: Zero Balance

Debit

6040

Acct / Segmt

---------- A---------- B---------- A---------- B

Credit

6040

xxx xxx xxx xxx xxx xxx

Multidimensional

Multiledger UpdateMultipleValu

ations

New General Ledger Accounting Advantages

and Concept


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New General Ledger Accounting AlwaysOffers

Advantages

Real-time integration of Controlling with New General Ledger Accounting foractual data. This eliminates the need for periodic reconciliation activities.

The following key fields are contained in the totals record of New General

Ledger Accounting:

The fields Trading Partnerand Consolidation Transaction Type. These fields reduce thereconciliation effort required in preparing consolidation.

The Functional Area field is delivered as standard and can be used to set up a profit and lossstatement in accordance with cost of sales accounting.

With the report/report interface, you can use the drilldown functions to switch from the FIreport to the CO report. The Cost Element field can be used as an additional characteristic forevaluations and is filled automatically.


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Same Range of Functions as in Classic

General Ledger Accounting And More

Al l SAP indust ry solut ions can be used in combinat ion with New GeneralLedger Accounting if the funct ions correspond to those of classic General

Ledger Accounting.

You can additionally deploy the following signi ficant functions in New General

Ledger Accounting:

Parallel accounting using parallel ledgers

Financial statements for additional dimensions such as profit center or segment

Financial statements for industry-specific dimensions such as grant or fund(Grant and fund are new standard fields from rel. ERP2005 onward)

To find out how you can do this, see the next slides.


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Parallel Accounting

Companies are increasingly being required to produce consolidated financialstatements for different account ing princ iples (IFRS, US GAAP, or local legalrequirements such as the German HGB).

In SAP ERP, two techniques can be used to portray parallel accounting: the ledger approach or

the account approach.

SAP considers both approaches as equally valid. To find out which approach is

appropriate for you, see SAP Note 779251.

In general, both approaches are available in New General Ledger Accounting.However, the ledger approach cannot be used in certain indust ries. To find outwhich ones, see the slide entitled " New General Ledger Accounting Features +Specific Industry Solutions" in this presentation.


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Reporting on Profit Center, Segment, and

Business Area

IFRS and US GAAP both require segment repor ting (balance sheet and profit and loss

statement or just the profit and loss statement). Segment reporting provides insights intothe business areas or subareas of a company.

Customers who have been using the business area in classic General Ledger Accountingcan continue to use the business area in the same way as they are used to doing.

Note that, with the standard settings for New General Ledger Accounting, the segment isderived from the profit center.

In general, the industry solution provides New General Ledger Accounting with the profitcenterwith the corresponding level of completeness. The segment is derived on the basis

of the profit center information. However, this is not the case in certain industries. To findout which ones, see the slide entitled "New General Ledger Accounting Features +Specific Industry Solutions" in this presentation.

The industry solution supplies New GL with the account assignment segmentso that abalance sheet can be produced for each segment in New General Ledger Accounting. Forinformation on how to set up segment derivation in the industry solution, see thedocumentation on the relevant industry solution.

For the creation of the balance sheet, settings need to be made in Customizing for OnlineDocument Splitting .


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Financial Statements Using Industry-Specific

Characteristics

In some industries, it is necessary to produce financial statements that apply characteristicsspecific to those industries. SAP provides standard fields for this, such as grant and fund (IBUPublic Sector). Moreover, you may want to use additional customer fields.

If you use the fields delivered by SAP, they are transferred correctly to New General LedgerAccounting so that you can create the financial statements.

If customer fields are used, you need to ensure that they are filled correctly when a documentis created.

Note that, to create a balance sheet for characteristics selected in addition to the companycode, settings need to be made in Customizing for Online Document Splitting.

For detailed information on the Online Document Splitting function, see SAP ServiceMarketplace at https://service.sap.com/GLunder General Ledger > Media Library.


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Use of FI-CA

Many industry solutions use the component FI-CA FI-CA is a subledger in Financial Accounting capable of automatically processing a large

number of postings.

Here, the receivables and payables relating to a business partner in FI-CA are posted to acontract account.

The posting information relevant to General Ledger Accounting is transferred periodically inaggregated form to General Ledger Accounting.

Note: SAP offers a version of FI-CA from SAP ERP 6.0 onward!


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Industry Solutions with FI-CA

Financial Services

IBU Banking (Leasing, Loans)

IBU Insurance (FS-CD)

Public Services

IBU Healthcare & Higher Education

IBU Public Sector (PS-CD)

Service Industries

IBU Media

IBU Telecommunications

IBU Utilities

IBU Travel and Transportation


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FI-CA and Online Document Splitting in New

General Ledger Accounting

FI-CA Uses New General Ledger Accounting in SAP ERP 6.0 in the same way as classic General

Ledger Accounting.

Supports the account assignmentSegment (only in combination with NewGL!). Enters corresponding default segments in the tax items and bank items

(Customizing)Planned for EhP4: Tax items may be split according to the segments in the revenue items.

Each item is assigned to one segment only. (See also the documentation on theFI-CA component.)

Planned for EhP4: Uses profit centers in the receivable line itemsWhen FI-CA is used, online document splitt ing is not performed in New GeneralLedger Accounting; instead, clearing entries are only created for the additionalbalancing units.

Usage of the following features is either not possib le or restricted: Balance sheet at profit center level is restricted, as posting to bank accounts wont be split

according to the Profit centers of the cleared items. Profit center assignment for receivables,

payables (direct assignment) and tax items (automatic split) is possible Balance sheet at segment level (restricted usage)

For more information, see the slide entit led "New General Ledger Accounting Featuresand Specific Industry Solutions" in th is presentation.


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Combinations of Characteristics

When filled in combination with other characteristics such as Profit CenterandSegment, the Business Area characteristic is treated differently in the

documents.

For example, the business area is generally never assigned in the tax items. The field isalways empty.Planned for EhP4: Business area is assigned to tax items if and only if tax items are splitaccording to the account assignments of the revenue items.

The segment, on the other hand, can be assigned in the tax items. If only the characteristic Business Area is transferred (such as in the revenue items), online

document splitting can subsequently enhance the tax item with the business area.

If, however, there is a combination of characteristics, online document splitting cannotsubsequently enhance the tax item with the business area. In this case, the balance sheet forthe business area is incomplete.

In general: If tax items are split, GSBER, PRCTR, SEGMENT are inherited from the revenue

items, if tax items arent split: GSBER and PRCTR are initial and a default SEGMENT may beassigned


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New General Ledger Accounting Features and

Specific Industry Solutions

New GL Accounting Features: Industry Solutions / Components

PS-M FI-CA J VA CML TRM

Parallel ledgers YES YES 3) YES 5) NO YES 7)

P&L statement at level of

Profit center YES YES YES YES YES 8)

Segment YES YES YES YES YES 8)Business area YES YES YES YES YES

Industry-spec. acct assignments YES 1) YES NO NO YES 9)

Balance sheet at level of

Profit center YES RST4) NO 6) NO YES 8)

Segment YES RST4) NO 6) NO YES 8)

Business area YES RST4) NO 6) NO YES

Industry-spec. acct assignments YES 2) YES NO NO YES 8)

For a key to the abbreviations and footnotes, see the notes to this slide and the next slide.


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New General Ledger Accounting Features and

Specific Industry Solutions: Key to Abbreviations

Footnotes to the previous slide: From SAP ERP 6.0, table template for the dimensions Fund, Grant, Functional Area

Does not apply to the dimension Functional Area

Possible as of SAP ERP 6.0 Enhancement Package 2. (See Rel. Note: FICA_602_Closop)

You can use the ledger group in the foreign currency valuation program

You can add items with ledger group to standard postings via the FI-CA event-technique

You can use the ledger group in the mode of customer-specific posting-programs.

Profit center : No profit center split for bank items

Segment: Restricted, only default segment in tax items (if no split is active) and bank items Business Area: Tax items are only assigned with business area if split is active.

J VA postings always update all ledgers in New General Ledger Accounting. Ledger-specificpostings from J VA are not possible. J VA is integrated with the leading ledger in New GeneralLedger Accounting, which means in particular that only valuation postings in the leadingledger are posted to JVA.

Due to the different document splitting logic in New General Ledger Accounting and JVA,reconciliation between the two is only possible at the level of the company code/account, butnot at the account assignment level (profit center/segment/business area). Note: New GL doc

split together with JVA split is not supported. If TRM is used in combination with CML, derivation occurs in accordance with the accounting

principles applied.

Derivation via BAdI or Controlling object.

Derivation via BAdI


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