Classic Vs New GL Accounting in SAP (Everything you need to know about New GL)
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In this video we have tried to explain the difference between Classic Vs New GL Accounting in SAP FICO. We have tried to answer the questions like below:
What is Parallel Valuation?
What are the Accounting Principles?
Why New GL Accounting is Needed?
What is Classic GL Accounting?
How different valuation approaches are handled in SAP?
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