SAP Help Site


RE:[sap-acct] Parallel Accounting Solution – Company Code

Posted by liamd
on 08/10/2008 04:44:00 PM


ECC6 allows you to maintain several parallel ledgers in a single company code.
This means that you can use one or more ledgers PER COMPANY CODE, typically with one for local GAAP accounting etc. (different depreciation rules, inventory valuation rules etc.) and another ledger, that you reserve for IFRS, fed by a different set of rules from the same originating transactions. These ledgers are updated simultaneously from these same transactions, allowing you to view the company GL from different perspectives simultaneously via the parallel ledgers.
Some companies may have several ledgers — one for local statutory compliance, one for IFRS, maybe one for tax timing differences; maybe one for specialist sector reporting (such as for local banking regulation for banking companies) etc.

ECC6 GL also provides many more analytical categorisations per GL posting line(“dimensions etc.”) that you can freely reserve and populate, and which significantly increase the scope of what you can report out of GL. You can think of these as similar in use to “characteristics” in CO-PA.

For both reasons the move to ECC6 GL should not be considered purely a technical upgrade. There is a great opportunity to rework the fundamental quality of financial reporting and compliance especially to the benefit of Group Accounting and Disclosure.

—–Original Message—–
Our external reporting level is company code level.If I refer the SAP Help document, SAP advise additional company code as one of parallel accounting solution.However, I’m not sure about real experience case?Is there any body has some lessons learned from this solution approach.If additional company code is not recommended, we’re thinking we adopt the Special Purpose ledger solution.
Pls see the sap help file belows.
http://help.sap.com/saphelp_erp2005/helpdata/en/e9/ 00f631416b11d6b20800508b6b8a93/frameset.htm
http://www.sap.info/public/INT/int/index/Category-1 2613c61affe7a5bc-int/-1/articleContainer-150834161 04d4e9057
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Copyright © 2008 ITtoolbox and message author.
No redistribution.

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