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Ledger Setup and its Role in Management Accounting (SAP S/4HANA Cloud Public Edition)

Ledger Setup and its Role in Management Accounting (SAP S/4HANA Cloud Public Edition)

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Language

English

Duration

00:37:59

Level

Beginner

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This session is designed for anyone looking to better understand how parallel ledgers support valuations and data storage across different accounting standards such as IFRS and local GAAP.

The focus is on addressing specific requirements for ledger setup in management accounting, particularly within SAP S/4HANA Public Cloud Edition.

We will also take a closer look at the following aspects:

  • How do parallel ledgers and accounting principles interact?
  • What are the different roles of ledgers (e.g. leading and extension ledgers)?
  • How do ledgers support parallel fiscal year variants?
  • What needs to be considered during the initial system setup?

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