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V_ARO_ACCPR - Define ARO Specific Accounting Principles

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In this activity, you define your accounting principles. You have to make this setting if you want to depict a parallel valuation method in an additional ledger. You then assign accounting principles to the ledgers to which the postings are made.

For performance reasons, you can combine several different accounting principles in one entry; for example, you create one accounting principle for IAS/US GAAP. This can be useful if, in an application, you have to create the data for each accounting principle, even if the postings derived from the data are identical for each accounting principle.

If, for example, you reflect both IAS and US GAAP in your system, in the application Manual Accruals, you have to create one accrual item for each accounting principle. However, the accruals are identical for IAS and US GAAP. You therefore only have to create one accounting principle in the system, for example IAS/US GAAP for Accruals.

The accounting principles that you have defined are available in various functions in Financial Accounting, such as in the report for foreign currency valuation, in Manual Accrualsand in Provisions for Awards. SAP therefore advises you notto delete accounting principles. This is particularly important in the case of accounting principles that have already been used.

1. Enter a four-digit key in the Accounting Principlefield.

2. In the Descriptionfield, enter a description for your accounting principle.

3. Save your accounting principle.

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Length: 1784 Date: 20240523 Time: 221534     sap01-206 ( 46 ms )