The Universal Journal: Facilitating Continuous Accounting with One Source of the Truth

The Universal Journal: Facilitating Continuous Accounting with One Source of the Truth

The Universal Journal is one of the key underlying innovations of SAP S/4HANA Finance. This article will help clarify how the underlying table structure has changed in SAP S/4HANA Finance and will review the current information that is available in the Universal Journal. It will also illustrate the personalized reporting that is driven by the Universal Journal and by SAP Fiori. Finally, it will clarify the migration path to the Universal Journal for SAP ECC customers who are running either the classic ledger or the SAP General Ledger.

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