IFRS in SAP


This query is : Resolved 

14 August 2010 1. Whether simply configuration of NL (Non-leading Leadger) in SAP will serve the purpose of implementation IFRS in SAP?
2. What sort of preparations reuired for first time adoption of IFRS in SAP System ?
3. Whether the normal accounting entries of FICO will automatically be entered into NL ? Or whether there is requirements of any special transaction codes for updation of NL ?
4. What is the type of reporting structure in NL as per IFRS requirements ?
5. Any additional precautions to be considerd in SAP configuation ?

20 August 2010 My view, still SAP not come out with the IFRS implementation module, you need to ask your implemetation team for the same, they will give better idea


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