explain why parallel accounting is needed
understand the (two) different ways supported by SAP, regarding a mapping of parallel valuation (when using new G/L)
configure important topics of both approaches
describe significant examples (within FI) in which parallel values occur and operate them in the SAP system
fulfill reporting requirements, e.g. segment reporting (=> IFRS 8)
understand the (technical) steps/projects needed to be done to run an ECC6.0 system with activated new G/L
Who Can Benefit
People (with FI background) interested in the ways of mapping parallel accounting in a SAP ERP System
People responsible for implementing a parallel valuation/accounting, e.g. because IFRS and/or US-GAAP and/or a tax valuation will be needed in future
(SAP) Consultants (and auditors) in the area SAP ERP Financial Accounting
-Good understanding of processes and configuration in SAP ERP Financial Accounting
-Familiarity with the new general ledger, e.g. attendance of AC210 (=> The New General Ledger [in SAP ERP])
-Basic knowledge in local and international accounting principles
Understand the basics regarding the mapping of parallel valuation/accounting in a SAP ERP system.
Describe, configure and operate the accounts solution on the basis of some typical showcases.
Understand, configure and operate the ledger solution (within new G/L) on the basis of some typical (=> the same as above) showcases.
Configure the system to fulfill typical reporting requirements for international valuation standards.
Get a short overview of (additional) topics/processes which can be affected due to parallel valuation.
Outline the steps needed to be done to get a SAP system with release ECC 6.0 (with Enhancement Packages) and activated new G/L.
Parallel Accounting & Reporting
(AC207) Content Details