New General Ledger Insights

What is New General Ledger?

New General Ledger (New GL) is an enhanced version of the general ledger in SAP ERP. It combines the functionalities of the classic General Ledger, Profit Center Accounting, and special ledgers into a single, unified ledger. This allows for real-time reporting and analysis across multiple dimensions, such as profit centers, segments, and cost centers. It simplifies financial reporting and provides a more comprehensive view of financial data for better decision-making. It's commonly used by large organizations to improve their financial accounting and reporting processes.

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What other technologies are related to New General Ledger?

New General Ledger Complementary Technologies

Cost Center Accounting

Cost Center Accounting is a component often used alongside New General Ledger to track costs within an organization. It provides detailed cost breakdowns by organizational unit, enhancing the financial reporting capabilities of New GL.

mentioned alongside New General Ledger in 9% (90) of relevant job posts

Profit Center Accounting

Profit Center Accounting is a component often used alongside New General Ledger to evaluate the profit or loss of individual areas within an organization. It provides detailed profitability analysis, enhancing the financial reporting capabilities of New GL.

mentioned alongside New General Ledger in 7% (59) of relevant job posts

Accounts Payable

Accounts Payable is a key subledger that integrates with the New General Ledger, providing detailed tracking and management of vendor invoices and payments.

mentioned alongside New General Ledger in 2% (99) of relevant job posts