New GL

New G/L eliminates the separate reporting for all different integration with FI modules. New GL can generate a standard report with all of the information already integrated together.
New GL offers the ability to create reports that can view information from a group level or company specific level.

New GL offers following advantages:

• Real time integration between CO and FI
• Segment reporting 
• Document splitting ( Financial reporting using any characteristics 
• Accelerated period end closing 
• Transparency and Consistency 
• Simple representation of parallel accounting 

New GL can display the parallel accounting using parallel accounts ( as in R/3) or using parallel ledgers. 

Document Splitting function (online split ) allows to create financial statements at company level and if required for entities such as segments.