CO-FI Reconciliation (3)
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CO-FI Reconciliation
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Created by Anonymous on Oct 15, 2012
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Purpose
This content was created to clarify the system logic of the CO-FI reconciliation.
Overview
This function reconciles the internal posts from CO to FI. You can use the Real-Time integration to transfer cross-company code or cross-functional area postings made in CO that are relevant to FI and to automatically create reconciliation postings in FI.
CO-FI Reconciliation Customizing
The customizing of the Real Time Integration will determine when the FI document will be created from CO lines.
You can check the customizing on transaction FAGLCOFIIMG.
First you need to define the variant for the Real-Time Integration
In the variant you will define
• Real-Time Integration with CO Active: The CO documents selected are to be transferred in real time to Financial Accounting.
• Key Date from which Real-Time Integration Is Active: Key date from which CO documents are transferred from CO-internal allocations into Financial Accounting.
• Perform Acct Determination for Real-Time Integration with CO: Account determination (OK17) to be performed when CO documents are transferred into Financial Accounting.
• Document type: The document type classifies the accounting documents
• Ledger Group: Identify the ledger group
Then you need to choose the selection of document lines for Real-Time Integration CO->FI:
• Use Check boxes
The CO line items that correspond to the selected criteria to be transferred to Financial Accounting .
For example
In your system the real time integration is active. The fields to be checked are
• Company code
• Fund
• Functional area
• Profit Center
If there is a change during a CO posting (Credit vs. Debit) in any of the selected fields the FI document will be created. If there is no change no FI document will be created.
- Use BAdI
The CO line items will be selected using a customer-defined implementation for the Business Add-In (BAdI) FAGL_COFI_LNITEM_SEL.
• Use Rule
The CO line items will be selected using a Boolean rule to be transferred to Financial Accounting.
• Update All CO LIs
All the CO line items that are generated with CO internal allocations (KO88, CJ88, KSU5, KEU5) will be transferred to Financial Accounting.
After you customize the variant you will need to assign it to a company code
Account Determination Of The FI Document
You customize the account determination on transaction OK17.
You cannot transfer any secondary cost elements from Controlling into an FI document, so you need to maintain an account in transaction OK17.
Primary cost elements are transferred from the CO document to post the FI document, but you can use the option "Account determination for primary cost elements" to use
the account from the account determination.
Useful CO-FI Reconciliation Transactions
FAGLCOFIFLUP Repost CO->FI from Worklist
FAGLCOFIIMG Customizing for CO->FI Update
FAGLCOFILOGDISP Display Application Log
FAGLCOFITRACEADMIN Administr. of Trace for OnlineUpdate
FAGLCOFITRACEDEL Deletion of Trace Data for Update
FAGLCOFITRACEOFF Deactivate Trace for Online Update
FAGLCOFITRACEON Activate Trace for Online Update
FAGLCOFITRACESHOW Display Trace for Online Update
FAGLCOFITRNSFRCODOCS Transfer CO Doc. into Ext.Accounting
FAGLCOFIWRKLSTDISP Display Worklist
FAGLCOFIWRKLSTEDIT Edit Worklist
FAGLCOFIWRKLSTTRACE Display Worklist and Trace Data
FAGLCORC CO - FI Reconciliation
Related Content
Related Documents
Related SAP Notes/KBAs
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FICO Reconciliation – Reconciliation between financial accounting and controlling
Last Modified on March 29, 2014 by Editorial Staff
Reconciliation between financial accounting and controlling is possible in SAP. From Financial accounting we get data into controlling module and in controlling we reassign cost from one cost object to another cost object and some other reassignments are done based on the business process. There changes are noted in financial accounting. For this reason we need to do reconciliation;
In OKKP transaction we maintain controlling area settings. On the initial screen we need to do two configurations to get FICO reconciliation activated.
Under the assignment control tab we have to set “cross company code cost accounting” and
Below the screen we need to tick “Recon. Ledger active”
In the second step you define adjustment accounts for reconciliation posting
Activate reconciliation ledger
In the first step you activate the reconciliation ledger for your controlling area. To do that, go to transaction code KALA or following path. Enter your controlling area and execute it.
SPRO > Controlling > cost element controlling > Reconciliation ledger > activate/deactivate reconciliation ledger
Define Adjustment accounts for reconciliation posting
First you create the general ledger account by using transaction code FS00 and then do the assignment to transaction GA0 as followings.
You can enter the transaction code OBYB or use following path;
SPRO > Controlling > cost element controlling > Reconciliation ledger > Define adjustment accounts for reconciliation ledger
Double click on transaction “GA0 –maintain clearing accounts for business area/functional area”
Update your chart of account and then the general ledger account.
Save it
Double click on “maintain clearing accounts for company codes”
And enter two company codes assigned to the controlling area and then update the screen.
Document number range for reconciliation posting
To set the number range either follow the following path or use transaction code OK13
SPRO > Controlling > Cost Element Accounting > Reconciliation Ledger > Specify document number range for reconciliation posting
You can create your own or copy it by clicking on copy icon and then enter the from company code and to company code. In place of “from” you enter the company code from which you want to copy it and in place of “to” you enter your company code to which you want to copy it.
Save it
Filed Under: SAP FICO Module Tagged With: FICO Reconciliation, KALA, OBYB, OK13
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