Stock Management - Group Ledger US GAAP (5OF)

Stock Management - Group Ledger US GAAP (5OF)

By activating parallel valuation for Stock Management - Group Ledger US GAAP, you can use an additional valuation area besides your operational valuation area according to US Generally Accepted Accounting Principles (US GAAP).

Key Process Steps Covered

  • Post to General Ledger
  • Perform Key Date Valuation

Benefits

  • Generate all postings for the general ledger
  • Update the general ledger according to US GAAP

Additional Information

  • This scope item requires an additional SAP S/4HANA Cloud license
  • This scope item is excluded from the default activation

All starter, demo, and trial systems are set up with group ledger IFRS by default. This scope item is therefore excluded. Customers can decide to use this scope item in the Q- and P-system based on the selected scope bundle.​


Where is Stock Management - Group Ledger US GAAP(5OF) being used?

This Scope item is used in the following way:

  • As a support function of Treasury Management within Finance Scope Item Group

Process flow of Stock Management - Group Ledger US GAAP (5OF)

Find below the process flow of the scope item Stock Management - Group Ledger US GAAP as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario Stock Management - Group Ledger US GAAP (5OF) - S/4HANA Cloud
Ref: Finance of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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