Accounting principles and valuation areas should be modified for the data to be posted automatically to the parallel ledgers. Once the accounting principles defined, those should be assigned to ledger group.

In this tutorial, we will discuss about defining accounting principles.

Define Accounting Principles: -

Below process is to define Accounting Principles TCAP (Test Accounting Principles).

Step-1: Enter the transaction code S_ALN_01000236 in the SAP command field and click Enter to continue.

(OR)

Enter the transaction code SPRO in the SAP command field and click Enter to continue.

Click on SAP Reference IMG.

Expand SAP Customizing Implementation Guide → Financial Accounting (New) → Financial Accounting Global Settings (New) → Ledgers → Parallel Accounting → Define Accounting Principle. Click on Execute.

Step-2: In the next screen, select activity New Entries on the application bar.

Step-3: In the next screen, enter the below details.

• Accounting Principle – Specify unique accounting principle name (4-digit alphanumeric).
• Name/Description of Accounting Principle – Specify the description of accounting principle.

Step-4: Once all the details entered, click on the Save button to save the changes.

Step-5: It prompt for the Change Request. Create/Select the change request and Click on right mark to proceed.

Step-6: Status bar displays the below message once the accounting principles defined successfully.

Technical Information: -

• Transaction Code: - S_ALN_01000236
• Navigation path: - SPRO → SAP Reference IMG → SAP Customizing Implementation Guide → Financial Accounting (New) → General Ledger Accounting (New) → Financial Accounting Global Settings (New) → Ledgers → Parallel Accounting → Define Accounting Principle