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Former Member

fi/co integration

Hi

Fi/co integration where exists?

Thanks

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6 Answers

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    Former Member
    Oct 09, 2007 at 04:47 AM

    In 6.0 versions, integration between FI and CO can be conducted in real time. As a result of real-time integration, all Controlling documents that are relevant for General Ledger Accounting are transferred from Controlling to Financial Accounting in real time. This means that Financial Accounting is always reconciled with Controlling. From ECC 6.0 onwards, you need not activate reconciliation ledgers in controlling.

    Through this single integration solution we can avoids any need for separate cost-center ledger, reconciliation-ledger and profit-center ledger. The result is high transparency of data at all times, eliminating data redundancy and faster period-ends closings.

    These are the configuration steps for Real time integration of controlling and financial accounting. For details of each steps please read each of its IMG documentation/ performance assistants.

    1. Define Variants for Real-Time Integration

    Financial Accounting(New) ® Financial Accounting Basic Settings (New) ® Ledgers ® Real-Time Integration of Controlling with Financial Accounting ® Define Variants for Real-Time Integration to Company Codes

    2. Assign Variants for Real-Time Integration to Company Codes

    Financial Accounting(New) ® Financial Accounting Basic Settings (New) ® Ledgers ® Real-Time Integration of Controlling with Financial Accounting ® Assign Variants for Real-Time Integration to Company Codes

    3. Define Account Determination for Real Time Integration CO

    Financial Accounting(New) ® Financial Accounting Basic Settings (New) ® Ledgers ® Real-Time Integration of Controlling with Financial Accounting ® Account Determination for Real-Time Integration ® Define Intercompany Clearing Accounts

    4. Define Account Determination for Real-Time Integration

    Financial Accounting(New) ® Financial Accounting Basic Settings (New) ® Ledgers ® Real-Time Integration of Controlling with Financial Accounting ® Account Determination for Real-Time Integration ® Define Account Determination for Real-Time Integration

    Hope this answer your questions, and donย’t forget to assign points ๐Ÿ˜Š

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    Former Member
    Oct 09, 2007 at 03:14 PM

    Hi,

    Assign controlling area to company code

    Define the required GL accounts as cost elements

    When you are making postings to GL accounts, those automatically generate controlling documents.

    Radha

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  • Oct 09, 2007 at 03:22 PM

    "Fi/co integration where exists?"

    it exists between FI and CO... ๐Ÿ˜Š

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    Former Member
    Oct 09, 2007 at 08:45 PM

    Intigration refers to data flow from one module to another, say from FI to CO, this flow in case of FICO with the creation of Cost Elements. For GL in FI u create Cost Elements in Co and data flows to it. No there assignments needed.

    Satish

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    Former Member
    Nov 13, 2007 at 05:48 PM

    hi

    how do u Assign Variants for Real-Time Integration to Company Codes

    in sap 4.6 c

    anil

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    Former Member
    Nov 13, 2007 at 06:05 PM

    hi

    how do u Assign Variants for Real-Time Integration to Company Codes

    in sap 4.6 c

    anil

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