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Consolidation of Company Codes using same COA in FI

Dear Experts,

We have 4 Co. Codes in the same country and these co. codes will be using same COA and single controlling area.

How can we generate consolidated financial statements in this scenario. Can we use group coa when we have 1 operational COA. Normally we can use Group COA when we have different COA assigned to different co. codes, but for cross company controlling we need to have same COA for all co codes assigned to the CO. Area.

Is it mandatory to have a corporate group that uses the group coa?

What is the right way of doing this for generating consolidated financial statements?

Regards...

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1 Answer

  • Mar 27 at 08:24 AM

    Hi Khan,

    Typically consolidation is used when Consolidation Units are located in different countries, different local currencies, different GAAPs and you use a unified Consolidation Chart of Accounts (Cons CoA) and a unified Group Currency

    I'm wondering which SAP consolidation product you are using.

    I can answer from EC-CS or FIN-SEM-BCS perspective: in these you use one Consolidation Chart of Accounts (assigned to the Dimension or Consolidation Area).

    If you use an integrated data transfer method you (for example realtime update from FI to EC-CS) you can find the following section of KBA 2113358 relevant: "How to map G/L Accounts with FS Items? First you have to map G/L account with Group Accounts and afterwards the Group Accounts with FS items. You can use transactions OB13, OCCS, CXNF, CXN1, CXN2 and CX16."

    Best regards,
    David

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