Chapter 7
New GL Accounting
Featuring:
- Overview of the Concepts of New GL
- Initial Configuration Requirements of the New GL
- Master Data of the New GL
The New GL module, as the title indicates, is the new option of configuration and implementation within the ECC system for the General Ledger Accounting module. This new approach was developed to accommodate the numerous requirements for legal, managerial, country, and local accounting practices. Basically, this approach brings together much of the reporting and analysis completed separately by several different components in the ECC system. In this chapter, we will cover the activation of the New GL, additional configuration of the Ledgers and Master Data that is required, and some additional ...
