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Why was there need of "NEW G/L ACCOUNTING" in SAP ECC 6?

<p>Why was there need of "NEW G/L ACCOUNTING" in SAP ECC6 whie even using classic system we could do everything in good manner?</p>

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Question added by Rizwan Amir , SAP SuccessFactor Administrator , Al Ghurair Real Estate LLC
Date Posted: 2014/09/30
pramoda shetty
by pramoda shetty , sap fico consultant , senate systems pvt ltd

it is configure by reporting for cost center ,profit center,segment ,cost of goods sold and business area ,consolidation

there are leading ledger and non leading ledger will be defined for muliple company code and currencies

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