SAP GL Configuration Document

SAP GL Configuration Document explain SAP FI configuration and as well as GL configuration in step by step manner with the help of system screenshots.

The central task of G/L accounting is to provide a comprehensive picture for external accounting and accounts. Recording all business transactions (primary postings as well as settlements from internal accounting) in a software system that is fully integrated with all the other operational areas of a company ensures that the accounting data is always complete and accurate.

This document is very useful for all SAP FI consultant and or who are having aspiration to be FI consultant. This document help you to understand sap FI configuration in systematic manner and you need not to waste your time in SPRO for FI configuration.

You can use this document for learning and implementing projects. If you are going to attend SAP certification examination, this document may help you to understand the concept of SAP FI GL and configuration option available for the same.

This document covers following aspects of configuration,

Company Code Configuration

  • Creating company code in SAP
  • Create Chart of accounts in SAP
  • Assign Company code to Chart of accounts
  • Define Account Group
  • Define Retained Earnings Account in SAP
  • Maintain Fiscal Year Variant
  • Assign Company Code to a Fiscal Year Variant
  • Define Posting period Variant
  • Define Variants for Open Posting Periods
  • Assign Posting period Variant to Company code
  • Create document number ranges for company code
  • Define document type and assign document number range
  • Enable Fiscal Year Default
  • Enable Default Value date
  • Maintain Field Status Variants
  • Assign Company Code to Field Status Variants
  • Screen variants for document entry
  • Define Tolerance Groups for Employees in SAP
  • Assign User/Tolerance Groups
  • Maximum Exchange Rate Difference
  • Check company Code settings in Global parameters
  • Define Additional Local currencies (Optional)
  • Define Additional Local currencies for Ledgers (Optional)
  • Define Company
  • Assign company code to company
  • General Ledger Master Data Creation
  • GL Auto clearing Configuration
  • Foreign Currency Valuation Configuration
  • Regrouping posting configuration
  • Define Financial Statement Version (FSV)
  • Integration with Overhead Cost Controlling
  • Integration with Materials Management
  • Integration with Sales and Distribution

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