Answer Posted / sudharshana vamsi
1. It reconciles Controlling with Financial Accounting.
A. It provides reports with which you can monitor the
CO/FI reconciliation for each account.
B. It can determine and display value flows that were
posted in Controlling across company codes, functional
areas or business areas.
C. You can use this value flow in Financial Accounting
as the basis for summarized clearing entries.
D. Clearing entries represent value flows within
controlling that have an effect on the legal closing of an
organization (balance sheet, profit and loss account).
E. You can either post the clearing entries using the
values determined, or you can let the R/3 System post them
automatically.
2. It provides an overview of all the costs incurred.
o The reconciliation ledger reports provide an
overview of the costs and are thus a suitable starting
point for analysis.
For example:- in the reconciliation ledger
reports you can analyze an item of the Profit and Loss
Account, which is displayed in the Financial Information
System (FIS), to see the costs assigned..
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
Where do you attach the check payment form?
What happen if company were Implemented only FICO module and what is the disadantages?
tell about gaps in u r progject?
How do you configure the automatic payment program?
Explain ‘financial accounting (fi)’ in sap.
Hi all, what is the main difference between ABAV,ABAVON AND ABAVN? i have seen the related answer but there is some misconception.so please provide the most suitable answer. thanks in advance
Explain an account group. What does it control?
Explain cost center accounting? : co- general controlling
Explain the organizational assignment in the controlling module?
what soft were u r company uesing
a cost element is used for some cost center but only in some case like discount allowed particular internal order should be picked? can any one help me?
what is difference apportionment of costs, overhead expenses and how do they differ
Which of the fields you can display and log changes in fi?
What is the difference between profitability analysis and profit center accounting?
Name the sub modules within fi, from which fi-gl gets simultaneous postings? : fi- general ledger
