Function documentationPortrayal Using Additional Accounts

 

You can portray parallel accounting in your SAP System by creating additional accounts. This means that you have different account areas:

  • One joint account area for postings that are the same for both accounting principles

  • One area with specific accounts for each accounting principle. Each business transaction that, dependent on the accounting principle, leads to a different posting is posted to the corresponding specific account area.

When you perform closing according to a specific accounting principle, the common accounts and the specific accounts for this accounting principle are evaluated.

Recommendation Recommendation

All methods of parallel valuation in the SAP system (such as value adjustments or results analysis) support parallel accounting using additional accounts.

The additional accounts approach is particularly useful if the number of valuation differences in your accounting principles is limited and a larger number of G/L accounts is acceptable.

End of the recommendation.

Prerequisites

If you implement this approach, note the following:

  • Systematic Assignment of Account Numbers

    Before you create the G/L accounts for the specific account areas, you should set up a concept for number assignment.

  • Retained Earnings Account and Balance Carryforward

    You can manage a separate retained earnings account for each accounting principle. This means that, at a fiscal year change, you can carry forward the balances of the profit and loss accounts from the specific account areas to the retained earnings account specified. You only have to carry forward the balances once.

    When you create the G/L accounts for the specific account areas, make sure that you assign a separate P&L statement account type for each account area. Then assign a separate retained earnings account to each P&L statement account type.

    Note Note

    For more information, see Balance Carryforward.

    End of the note.

Features

  • Financial Statement Versions

    You can create a separate financial statement version for each accounting principle. This means that, when you create financial statements, you can select a separate structure for each accounting principle.

  • Complete Postings versus Difference Postings

    You can perform parallel postings in the specific account areas either as complete postings in both areas or as difference postings:

    • In Asset Accounting (FI-AA), difference postings and complete postings are supported.

    • All other application components (FI, CO, CFM) support complete postings only.

    • The material ledger supports difference postings only.

  • Reporting

    For reporting, you can use the following tools in this approach:

Activities

Create accounts that can be posted to in the company code. From the SAP Easy Access screen, choose Start of the navigation path Accounting Next navigation step Financial Accounting Next navigation step General Ledger Next navigation step Master Data Next navigation step G/L Accounts Next navigation step Individual Processing End of the navigation path.

  • Centrally

  • In Chart of Accounts

  • In Company Code