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!

• Configure the general ledger in SAP S/4HANA: parallel ledgers, document splitting, and more
• Perform general ledger postings, document control, accruals, and closing procedures
• Get step-by-step instructions and best practices from the experts

In this book, you'll learn about:

1.Configuration

Build your general ledger from the ground up! Learn to configure SAP S/4HANA to maintain posting periods, handle multiple currencies, run parallel reporting for multiple accounting approaches, and plan document control.

2. Core Processes

See what your routine general ledger accounting processes look like in SAP S/4HANA with detailed instructions and screenshots. Master profit center accounting, document control, cost of sales accounting, accruals management, and analytics.

3. Conversions

Ready to upgrade from the classic general ledger or SAP General Ledger? Follow step-by-step instructions for migrating your “old” general ledger data into SAP S/4HANA and Central Finance using subsequent implementation.

Highlights include:

• Posting periods
• Parallel reporting
• Currencies
• Master data
• Profit center accounting
• Document splitting, posting, and clearing
• Cost of sales accounting
• Financial close
• Accruals management
• Reporting and analytics
• Central Finance