Parallel
Accounting
Purpose
You have the option of depicting parallel accounting in your SAP system. This will allow you to carry out valuations and closing operations for a company code according to a local accounting principle and a second (parallel) accounting principle, for example the group accounting principle.
You can depict more than two accounting principles in your SAP system. To simplify the description, however, the scenarios in this documentation use just two parallel accounting principles.
This is necessary, for example, for German subsidiaries of American groups. Here, the German subsidiary must provide financial statements according to both the German Commercial Code and the group accounting principle (such as US GAAP).
Implementation Considerations
Your SAP system provides you with various solution scenarios for depicting a parallel valuation method:
· Depiction using additional accounts
· Depiction using an additional ledger
· Depiction using an additional company code
The Customizing settings from the various SAP application components that you need to be able to depict a parallel valuation method are grouped together in a section of the SAP Reference IMG. You can find this section in Customizing, under Financial Accounting → Financial Accounting Global Settings → Company Code → Parallel Valuation Methods.
For all solution scenarios, you must have consistently defined Customizing for the application components you want to use.
Integration
Depiction of parallel valuation methods is supported by the following application components:
· Corporate Finance Management (CFM)
Not all application components support all solution scenarios for depicting parallel valuation methods. Before deciding for a solution scenario, you should therefore check which solution scenarios are supported by all application components that you use or for which you want to depict parallel accounting.