Post on 08-Jan-2017
transcript
FI Overview
FIAP
ARAMGL
CONSpecialLedger
G/L Reporting Legal or external reporting• Balance sheet• Income Statement• Statement of
Financial Position
Financial Accounting
Stockholders
Bankers, Lenders
IRS, Taxing Authority
External Auditors
SEC
Financial Accounting
External Accounting
Balance SheetProfit & Loss
Financial Position
CO/EC Overview COMPONENT
Cost Center Acctg - CO-CCA
Internal Orders CO-OPA
Projects - PS
Product Costing - CO-PC
Activity Based Costing
Profitability Analysis-CO-PA
Profit Center Acctg-EC-PCA
Executive Info. System-EC-EIS
VIEW
Costs
Costs
Costs
Costs
Costs
Profits Profits
Any data
ROLE
Cost Tracking
Small Projects
Large Projects
Product Costing
Cost Management
Margin by multi-cuts Profit & Loss Repsons.
Cross-module reports
Internal management reportingReports by cost centers or other cost “objects” and cost elements
Cost centersOrders and ProjectsBudget/planActual vs. plan
CO Reporting
Controlling
ControllingInternal Accounting
Departmental ExpenseReport
Salaries 10,000Overhead 8,000Other 5,000Total 23,000
Department Managers
ControllersExecutives
Senior Management
FI and CO comparison
COFI
Legal or external reportingReports by accounts Balance Sheet Income Statement
Internal managementreporting
Reports by cost centers andcost elements
Cost Center Reports
FI/CO Organizational Structures
• Client• Company
• Chart of Accounts• Company Code• Business Area• Credit Control Area• Controlling Area
CLIENT
Client
• Highest hierarchical level in an SAP system• A complete database containing all the tables
necessary for creating a fully integrated system
• Master records are created at the client level
CLIENT
COMPANY
Company
• Consolidated financial statements are created at the company level
• A company can include one or more company codes– All company codes must use the same chart of
accounts and fiscal year
CLIENT
COMPANY
CHART OF ACCOUNTS
Chart of Accounts
• A listing of the accounts • A chart of accounts must be assigned to every
company code • Several company codes can use the same
chart of accounts – A different chart of accounts can be used if a
different grouping of the chart of accounts is required
Co code1000
Co code2000
Co code3000
Co code4000
Co code5000
US CHART OFACCOUNTS
GERMAN CHART OFACCOUNTS
CLIENT
CLIENT
COMPANY COMPANY
CHART OF ACCOUNTS
CHART OF ACCOUNTS
COMPANY CODE COMPANY CODE COMPANY CODE
Company Code
• A required structure• A legally independent entity• The smallest organizational unit for which
accounting can be carried out• The level where business transactions are processed • The level where accounts are managed • The level where legal individual financial statements, such as
the balance sheet and the profit and loss statement, are created
A BALANCED SET OF BOOKS
CLIENT
CHART OF ACCOUNTS
CHART OF ACCOUNTS
COMPANY CODE
COMPANY CODE
COMPANY CODE
COMPANY COMPANY
CREDIT CONTROL AREA
CREDIT CONTROLAREA
Credit Control Area
• An organizational unit or area of responsibility created to control customer credit limits
• A company code is assigned to one and only one credit control area
• Multiple company codes can be assigned to one credit control area
CLIENT
CHART OF ACCOUNTS
CHART OF ACCOUNTS
COMPANY CODE
COMPANY CODE
COMPANY CODE
COMPANY COMPANY
CONTROLLING AREA
CONTROLLING AREA
Controlling Area
• An organizational unit defining the company's cost/ managerial accounting operations
• A company code is assigned to one and only one controlling area
• A controlling area can have multiple company codes assigned to it– This allows cross company cost allocations and reporting
1 2 3 4 5 6 7
JANUARY
FEBRUARY
DECEMBER
Fiscal Year Variant•Determines the fiscal year
• Calendar year or non-calendar year
•Allows the use of special periods to aid year-end closing •Is assigned to a company code