italyrefa.blogg.se - Transaction central

#TRANSACTION CENTRAL CODE#
#TRANSACTION CENTRAL SERIES#

You use depreciation areas to calculate different values in parallel for each fixed asset for different purposes.

Asset classes apply in all company codes. You use the asset classes to structure your assets according to the requirements of your enterprise. You can define an unlimited number of asset classes in the system.

Asset classes are the most important means of structuring fixed assets.

Link to credit and cash management Asset Accounting- Key area is the asset explorer Popularly referred to as FI-AP (Accounts Payable) is related to Material Management (MM).

Summarization of sub-module Finance: Accounts Payable Reconciliation account is updated when SL posting happen

If GL is set up as recon act then direct posting is not allowed. Reconciliation accounts link sub-ledger (SL) to ledger accounts in real time. There are 3 types: Group, Operational and Country

#TRANSACTION CENTRAL CODE#

Every company code is assigned a chart of account. Chart of Accounts: Contains a group of GL to form an account group.The controlling area to company code relationship can be 1:1 or 1:N Company Code: Central org unit for external accounting.Same Controlling area can be defined for multiple company codes only if they share similar FY variant and charts of account (COA) One or more controlling areas are assigned to an operating concern when organizational structures are defined. Controlling area: The basic org unit in management accounting.Operating concern: The highest org unit for COPA (controlling and profitability analysis).Introduction to SAP Finance Organizational Level for FICO In the finance solution, every journal entry triggers posting. The ACDOCA table permits aggregation processing and HANA views. S/4 HANA Finance now utilizes the concept of universal journal entries where FI (Finance) + CO (Controlling) reside in one table – ACDOCA Table. With ERP 5, the solution was on a Classic GL or New GL but now with SAP S/4 HANA only the New GL is supported. By extending the core, SAP introduced new line of business. The digital core – Enterprise Management as it is popularly referred to translate to what we use to know as SAP ECC.Įnterprise management contains the core HR and Finance in addition to logistics. With 1610 and higher, SAP S/4 HANA solution includes logistics. When SAP first rolled out S/4, the focus was on finance which was termed “Simple Finance”.

#TRANSACTION CENTRAL SERIES#

I have provided an introduction to SAP S/4 HANA in my Series Part 1.