The new general ledger can already be optionally introduced in ECC, under S/4HANA it is then mandatory, because the classic variant is no longer supported.
With the new data model, a single data pool is created under S/4HANA based on the Universal Journal, which unites the accounting profit and loss account, asset accounting and the Material Ledger with accounting. The fully integrated
dimensionality makes the Universal Journal a single source of truth. The new general ledger thus takes on an even more important role and has been enhanced accordingly with new features.
In addition to the advantages that the new general ledger already offers in ECC, S/4HANA also includes other improvements, such as:
Since version 1709, the conversion can be done automatically with the S/4 conversion. However, it is necessary to evaluate the general ledger functionalities before conversion: