com/us/utilities
www.pwc.com/us/sap
Why New GL
New and simplified finance data structure (new
tables) bringing in significant improvements in
data query and reporting.
Extendibility of finance data structure with
Customer fields can allow reporting based on
industry/ customer specific reporting attributes.
Single version of truth with CO/FI real-time
integration. No need for reconciliation ledger, no
need for month-end reconciliations.
Improved segment reporting. Independent
financial statements using dimensions like
Segment, Profit Center, Business Area. Online
Document Splitting makes it real-time and also
eliminates many cumbersome month-end
allocations and adjustments.
Parallel accounting with Leading and Nonleading ledgers; support multiple accounting
principles, valuations and fiscal years. No need
for highly customized solutions like Special
Purpose Ledger.
Leading and Non-leading ledgers operating on
same set of standard tables and accessible
through standard reports.
Same user interface for Leading and Nonleading ledgers (data entry and reporting).
Ability to post into multiple ledgers and to
specific Ledgers.
Ability to allocate GL balance based on
additional dimensions. Example B/S items
allocation by Profit Center or Segment.
Faster and more efficient Period Close due to
reduction of manual processing and elimination
of several period-end activities
like B/S adjustment, CO/FI reconciliation.
Closing activities can be run separately in parallel
Ledgers.
Improved reporting with new out-of-the box
standard reports based on New GL data
structure.
Legal and
Management
Reporting
Real -Time
Integration CO=>FI
Standard
Enhancement and
Extensibility (With
customer fields)
Segment
Reporting
New General
Ledger
Accounting in
mySAP ERP
Transparency and
Consistency
Accelerated
Period - End
Closing
Financial Reporting
Using Any
Characteristics
(document splitting)
Simple
Representation of
Parallel
Accounting
Activation Date
Classic General
Ledger Acctg
Classic General
Ledger Acctg
Phase 0
New General
Ledger Acctg
Phase 1
Phase 2
Scenario Determination
Scenario 1
No
Use of PCA
or SPL?
Yes
Scenario 3
No
Need
Document
Splitting?
Yes
Need ledger
solution for
Parallel
Accounting?
No
Yes
Yes
Scenario 5
Scenario 4
Need ledger
solution for
parallel
accounting?
No
Scenario 2
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