Hierarchy
EA-FIN (Software Component) EA-FIN⤷
FI-GL-GL-ACE (Application Component) Accrual Engine⤷
ACE (Package) Accrual Engine: Other
IMG Activity
| ID | V_TACE_ACCRULE | Define Accounting Principles |
| Transaction Code | S_XB7_96000010 | Accounting Principles |
| Created on | 20000906 | |
| Customizing Attributes | ACC_GL_ACE_M_K_A | Accrual Engine: Reuired Activity, Critical |
| Customizing Activity | V_TACE_ACCRULE | Accounting Principles |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | FIGL_PARA_ACCRULE_DC |
Use
In this activity, you define your accounting principles. You have to make this setting if you want to depict a parallel valuation method in an additional ledger. You then assign accounting principles to the ledgers to which the postings are made.
Note
For performance reasons, you can combine several different accounting principles in one entry; for example, you create one accounting principle for IAS/US GAAP. This can be useful if, in an application, you have to create the data for each accounting principle, even if the postings derived from the data are identical for each accounting principle.
If, for example, you reflect both IAS and US GAAP in your system, in the application Manual Accruals, you have to create one accrual item for each accounting principle. However, the accruals are identical for IAS and US GAAP. You therefore only have to create one accounting principle in the system, for example IAS/US GAAP for Accruals.
Caution
The accounting principles that you have defined are available in various functions in Financial Accounting, such as in the report for foreign currency valuation, in Manual Accruals and in Provisions for Awards. SAP therefore advises you not to delete accounting principles. This is particularly important in the case of accounting principles that have already been used.
Requirements
Standard settings
Activities
- Enter a four-digit key in the Accounting Principle field.
- In the Description field, enter a description for your accounting principle.
- Save your accounting principle.
Example
Business Attributes
| ASAP Roadmap ID | 105 | Define functions and processes |
| Mandatory / Optional | 1 | Mandatory activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | A | Valid for all countries |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| V_TACC_PRINCIPLE | V - View | SM30 |
History
| Last changed by/on | SAP | 20030603 |
| SAP Release Created in | 46C |
