Last Updated on August 7, 2022 by admin
Activate New General Ledger Accounting in SAP
The activation of new general ledger (G/L) accounting in the SAP ERP SAP system enables the activation of new general ledger accounting functionality in SAP system.
New General Ledger Accounting in SAP – Scenarios
- When you activate the new G/L accounting, it replaces financial accounting with Financial Accounting(New).
- If you are already using classic financial accounting, you need to migrate all production data before the activation of new general ledger accounting in SAP system.
- After activation of the new G/L, all the classic general ledger table details will be automatically updated to new general ledger accounting tables.
How to activate new general ledger accounting in SAP
You can activate new G/L accounting in SAP by using one of the following navigation methods
- Transaction code: FAGL_Activation
- Menu Path: SAP IMG -> Financial Accounting -> Financial Accounting global settings -> Activate new general ledger accounting.
Step 1: Enter the sap transaction code “FAGL_Activation” in the SAP command field and press enter.
Step 2: Now on the change view activation of new general ledger accounting screen, choose the checkbox of (New General Ledger Accounting is Active). By checking this field enables to activate the new general ledger accounting in ERP SAP system.
Click on save button and save the configured details in SAP system.
On display SAP IMG screen, the options Financial Accounting (New), General ledger accounting {New} will be enabled as shown below image.
Successfully we have activated new general ledger accounting in SAP.