SAP Knowledge Base Article - Preview

3167506 - Subsequent Implementation of a Further Accounting Principle

Symptom

Companies are increasingly required to produce financial statements based on different accounting principles including IFRS, US GAAP, or local legal requirements such as the German HGB. The ledger approach for parallel accounting is recommended. Nevertheless, the account approach is still available and can be used as well. This document describes the introduction a new general ledger in combination with a new accounting principle.


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Environment

  • Financial Accounting (FI)
  • SAP R/3
  • SAP R/3 Enterprise 
  • SAP ERP Central Component
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA
  • SAP S/4HANA Finance
  • SAP S/4HANA

Product

SAP ERP Central Component all versions ; SAP ERP all versions ; SAP R/3 Enterprise all versions ; SAP R/3 all versions ; SAP S/4HANA Finance all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

Keywords

KBA , FI-GL-GL , Basic Functions , How To

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