What's New Viewer - SAP S/4HANA

Account Determination

With this feature, you can enable more business transactions to automatically trigger the posting of financial accounting documents. The following new processes have been created for you to quickly assign accounts:
  • Define Tax Accounts

  • Define Accounts for Business Transactions in Cash Journal

  • Define Accounts for Cash Journal

Technical Details

Product Feature is

New

Country Dependency

Valid for all countries

Application Component

FI-FIO-GL

Availability

SAP S/4HANA 1709

Additional Details

See the descriptions the newly created processes as follows:

  • Define Tax Accounts

    In this process, you can define tax accounts for various kinds of tax, including tax on sales and purchase, withholding tax, and so on.

  • Define Accounts for Business Transactions in Cash Journal

    In this process, you define accounts for business transactions used in the cash journal.
  • Define Accounts for Cash Journal

    In this process, you define accounts to which you want to post the cash journal business transactions. The petty cash account is one of accounts that are frequently used in this process.