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Activate New General Ledger Accounting | FAGL_ACTIVATION

FICO - Activate New General Ledger Accounting

New General Ledger is functionality coming with SAP ERP 6.0 onward. It is an important rebuild from SAP which address many year-end closing issues as well as regulatory requirements primarily coming from accounting bodies such as IFRS. This setting is client-depended, so you should do it for every client independently. Transaction: FAGL_ACTIVATION IMG Path: Financial Accounting -> Financial Accounting Global Settings -> Activate New General Ledger Accounting Table: FAGL_ACTIVEC     When you enter into the transaction you will see only one option. If you already use Classic GL, you should do the migration steps, before you …

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