Author: vikashagarwal

Introduction The financial accounting is transformed by the New General Ledger (New GL) of SAP FICO. It offers improved reporting options, parallel accounting, and real-time integration. Companies can concurrently handle several ledgers, currencies, and accounting conventions. New GL facilitates direct integration with Controlling (CO), document splitting, and segment reporting. Correct setup guarantees operational transparency, compliance with legal obligations, and precise financial statements. You can enhance your career by enrolling in SAP FICO Online Training and mastering financial and controlling processes. Efficient financial management depends on a knowledge of the end-to-end configuration. This includes document splitting, parallel accounting, CO integration, and…