Jul 1, 2024
•6 minute read
GL master data
EY Teams Reinvent Global Finance Process with Microsoft Power Platform Reducing Lead Times by 95%The EY organization, which works with more than 200,000 clients in 150 countries, has significantly advanced its financial operations by implementing PowerPost, a solution built on Microsoft Power Platform, which has revolutionized the General Ledger (GL) posting process. This innovative solution, which is seamlessly integrated with the EY SAP ERP system, enables direct data entry and has led to a staggering 95% reduction in lead times. PowerPost has not only improved the efficiency and accuracy of document postings for over 2,500 global finance professionals, but has also resulted in significant cost savings on licensing, platform, maintenance, and transactional costs.
Technical Guide: Migrating SAP General Ledger Data for SAP S/4HANASAP has simplified its accounting design by introducing the Universal Journal, resulting in significant change to the pillar of GL accounting—GL account master data. Whether a customer is pursuing a greenfield implementation or a technical migration to SAP S/4HANA, maintenance or migration to GL accounts using the new technical framework is a basic yet important step. GL account master data is managed using many fields across its Fiori views. These fields hold key information that drives postings in the new universal journal accounting entries. This article will explain how to adopt, maintain, or migrate to these fields in a meaningful way when undergoing a new SAP S/4HANA project, or performing a technical upgrade to SAP S/4HANA.
After reading this article you will be able to:
- Explain what GL master data is and why it should matter to SAP customers
- Understand key fields within the Fiori Apps for GL configuration and maintenance
-Learn how Universal Journal line items post into table ACDOCA and how this has changed from SAP’s historical approach for finance and controlling postings
Jul 31, 2020
•11 minute read
Research
View All
Events
Mastering SAP Connect – Gold Coast 2026Gold Coast, QLD, Australia
SAPinsider New Orleans SummitNew Orleans, Louisiana, United States
