Enhancement Package 7 (EHP7) brings vital improvements for Financial Asset Accounting:
Business Function FIN_AA_PARALLEL_VAL supports parallel accounting principles in a better manner and DIRECTLY.
It builds upon the New General Ledger accounting in SAP ERP, including the ledger approach. Parallel accounting according IFRS, US-GAAP, HGB (local GAAP) and / or tax accounting was recently supported by delta depreciation areas. It was not possible to post amounts / values directly to the corresponding account principle in terms of full gross postings. The delta area was implemented for the use of account as well as for the use of ledger approach.
With the functionalities of New Asset Accounting, it is now possible to provide the ledger specific accounting principles right with the needed amounts / values, by posting them directly.
There is no more need to cope with a delta depreciation area. This technique has become obsolete.
We support you in your transition to the New Asset Accounting and would also like to train your relevant department in a short time.
