The general ledger is the backbone of your financials system. Learn everything you need for configuring and using the general ledger in SAP S/4HANA. Walk step by step through setting up fiscal years, posting periods, parallel ledgers, and more. See routine processes like posting, document control, and year-end closing in action. Whether you're planning a new implementation or a system conversion, this is your complete guide to general ledger accounting in SAP S/4HANA! Highlights include:1) Posting periods2) Parallel reporting3) Currencies4) Master data5) Profit center accounting6) Document splitting, posting, and clearing7) Cost of sales accounting8) Financial close9) Accruals management10) Reporting and analytics11) Central Finance

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... Preface ... 25... Who This Book Is For ... 25... How This Book Is Organized ... 26... Acknowledgments ... 281 ... Introduction to the General Ledger in SAP S/4HANA ... 311.1 ... Financial Accounting ... 321.2 ... Evolution of General Ledger ... 431.3 ... Features of General Ledger Accounting in SAP S/4HANA ... 461.4 ... Summary ... 482 ... Organizational Structure ... 492.1 ... Organizational Elements ... 502.2 ... Customizing for General Ledger Enterprise Structure ... 572.3 ... Summary ... 723 ... Integrated Business Processes ... 753.1 ... Integration with Finance ... 763.2 ... Integrated Business Processes in General Ledger Accounting ... 103.3 ... Integration with Logistics ... 1173.4 ... Integration with SAP Human Capital Management for SAP S/4HANA ... 1193.5 ... Integration with External Systems ... 1203.6 ... SAP S/4HANA Finance Integration with Other SAP Components ... 1233.7 ... Summary ... 1244 ... Fiscal Year and Posting Periods ... 1274.1 ... Fiscal Years and Calendar Years ... 1284.2 ... Shortened Fiscal Years ... 1324.3 ... Special Periods ... 1384.4 ... Variant Principle ... 1394.5 ... Posting Periods ... 1404.6 ... Opening and Closing Fiscal Years ... 1424.7 ... Fiscal Year Challenges in Asset Accounting ... 1474.8 ... Fiscal Year Conversion ... 1484.9 ... Customizing Fiscal Year Variants ... 1504.10 ... Customizing Posting Periods ... 1564.11 ... Summary ... 1585 ... Parallel Reporting ... 1615.1 ... Parallel Accounting in Financial Accounting ... 1625.2 ... Parallel Accounting in the Classic General Ledger, New General Ledger, and SAP S/4HANA General Ledger ... 1645.3 ... Parallel Accounting with Special Purpose Ledgers ... 1645.4 ... Parallel Accounting with the Company Code Approach ... 1655.5 ... Parallel Accounting with the Accounts Approach ... 1665.6 ... Parallel Accounting with Parallel Ledger Approach ... 1685.7 ... Parallel Accounting in Application Components ... 1805.8 ... Customizing Ledgers and Currencies ... 1925.9 ... Customizing Parallel Accounting in Financial Accounting ... 1965.10 ... Customizing Parallel Accounting in Asset Accounting ... 1985.11 ... Customizing Parallel Accounting in Controlling ... 2015.12 ... Subsequent Implementation of Accounting Principle ... 2075.13 ... Preparation Phase ... 2115.14 ... Execution Phase ... 2235.15 ... Postprocessing Phase ... 2285.16 ... Summary ... 2306 ... Currencies ... 2316.1 ... Currency Definitions ... 2326.2 ... Currencies in SAP General Ledger ... 2356.3 ... Exchange Rates ... 2466.4 ... Customizing Currencies ... 2546.5 ... Subsequent Implementation of Currencies ... 2676.6 ... Summary ... 2877 ... Master Data ... 2897.1 ... Chart of Accounts ... 2907.2 ... General Ledger Account Master Data ... 2947.3 ... Account Groups ... 3047.4 ... Profit Center Master Data ... 3047.5 ... Segments ... 3097.6 ... Global Hierarchies ... 3117.7 ... Statistical Key Figures ... 3127.8 ... Retained Earnings Accounts ... 3167.9 ... Financial System Versions ... 3177.10 ... Coding Block Extensibility ... 3207.11 ... Changing General Ledger Account Open Item Management Status ... 3247.12 ... Customizing Settings ... 3297.13 ... Summary ... 3328 ... Documents and Posting Control ... 3358.1 ... Document Overview ... 3358.2 ... Data Entry View versus General Ledger View ... 3408.3 ... Screen Variants for Document Entry ... 3438.4 ... Document Change Rules ... 3458.5 ... Document Types ... 3518.6 ... Posting Keys ... 3528.7 ... Field Statuses ... 3538.8 ... Tolerance Groups for Posting Authorizations ... 3558.9 ... Defining Text for Line Items ... 3578.10 ... Defining Default Values ... 3598.11 ... Document Numbering ... 3618.12 ... Summarization ... 3658.13 ... Customizing ... 3688.14 ... Summary ... 3809 ... Document Splitting ... 3819.1 ... Document Splitting Basics ... 3829.2 ... Basic Document Splitting ... 3869.3 ... Extending Document Splitting ... 4029.4 ... Segment Reporting ... 4119.5 ... Subsequent Implementation of Document Splitting ... 4239.6 ... Summary ... 45210 ... Profit Center Accounting ... 45310.1 ... Profit Center Accounting Basics ... 45310.2 ... Planning ... 45810.3 ... Actual Postings ... 46210.4 ... Transfer Pricing ... 48510.5 ... Profit Center Reorganization in SAP S/4HANA ... 49510.6 ... Customizing ... 49810.7 ... Summary ... 50011 ... Document Posting ... 50311.1 ... Document Parking ... 50411.2 ... Document Holds ... 51611.3 ... Posting Simple Financial Accounting Documents ... 52111.4 ... Journal Entry Workflow ... 52411.5 ... Changing Documents ... 52611.6 ... Reversing Documents ... 52911.7 ... Recurring Documents ... 53911.8 ... Enhancements to Document Postings ... 55011.9 ... Summary ... 55412 ... Document Clearing ... 55512.1 ... Open Item Clearing ... 55612.2 ... Clearing Transactions ... 56312.3 ... Clearing Process ... 56512.4 ... Posting with Clearing ... 57512.5 ... Account Clearing ... 57512.6 ... Managing Payment Differences ... 57612.7 ... Bank Subaccounts ... 58112.8 ... Resetting Clearing ... 58212.9 ... Cross-Company Code Postings ... 58312.10 ... Clearing Open Items in Foreign Currency ... 58712.11 ... Summary ... 58813 ... Cost of Sales Accounting ... 58913.1 ... What Is Cost of Sales Accounting? ... 59013.2 ... Functional Area Concept ... 59213.3 ... Managing Functional Areas ... 59313.4 ... Activate Cost of Sales Accounting ... 59613.5 ... Cost of Sales Reporting ... 59713.6 ... Customizing Activities ... 60013.7 ... Summary ... 61014 ... Financial Close ... 61114.1 ... The Financial Closing Process ... 61214.2 ... Allocations in General Ledger Accounting ... 61614.3 ... Balance Interest Calculation ... 65114.4 ... Foreign Currency Valuation ... 65714.5 ... Multicurrency Accounting ... 66114.6 ... Goods Receipt and Invoice Receipt Clearing ... 66714.7 ... Balance Carry-Forward ... 66914.8 ... Intercompany Matching and Reconciliation ... 67214.9 ... Closing Tools ... 67514.10 ... Summary ... 67715 ... Accruals Management ... 67915.1 ... Accrual and Deferral Accounts ... 68015.2 ... Types of Accruals ... 68215.3 ... Analyzing Accrual Postings ... 69815.4 ... Customizing ... 69915.5 ... Migration of Manual Accruals to the SAP S/4HANA Accruals Engine ... 72715.6 ... Summary ... 73016 ... Reporting and Analytics ... 73316.1 ... Reporting Basics ... 73416.2 ... Financial Statements ... 74416.3 ... General Ledger Reports ... 75416.4 ... Profit Center and Segment Reporting ... 76916.5 ... Other Reporting Tools ... 77416.6 ... Summary ... 78017 ... Conversion to the General Ledger in SAP S/4HANA ... 78117.1 ... Deployment Options ... 78217.2 ... SAP Activate Methodology ... 78417.3 ... Conversion Process ... 78717.4 ... Best Practices ... 79917.5 ... Customizing in Financial Accounting ... 80117.6 ... Summary ... 81418 ... General Ledger with Central Finance ... 81518.1 ... What Is Central Finance? ... 81618.2 ... Master Data in Central Finance ... 82118.3 ... Mapping General Ledger Account Attributes ... 82618.4 ... Mapping of Profit Center and Segments ... 83618.5 ... Open Items Clearing ... 83718.6 ... Best Practices ... 83818.7 ... General Ledger Customizing Settings ... 83918.8 ... Summary ... 84919 ... Miscellaneous Topics ... 85119.1 ... Application Jobs ... 85119.2 ... Document Transfers using Application Link Enabling ... 85519.3 ... Sets and TVARVC Tables ... 85719.4 ... Authorizations ... 86219.5 ... Document Archiving ... 86419.6 ... Integrating SAP S/4HANA with a Shared Service Center ... 86619.7 ... Summary ... 867... The Authors ... 869... Index ... 871