Accounting 

Use

After the transactions are entered at the Trading stage and checked and completed in the Back office, they are processed for accounting purposes. Treasury uses certain FI functions.

In this section, you will learn about processing in accounting.

Features

In the accounting area, you have functions for transfer to FI - e.g. reports for documenting posting (Posting overview). The Posting journal provides you with information about the posted flows of selected transactions. You will find more information via Information System ® Report Selection ® Posting Overview / Posting journal.

Financial transactions and positions in the closing activities must also be correctly handled. Alongside operative postings, accounting, therefore, also contains functions such as accrual/deferral of expenses and revenues to the appropriate accounting period. Money Market and Foreign Exchange also incorporate valuation activities such as key date valuation and the determination of realized gains and losses.

In the payment area, you can either post the individual flows via a G/L account (enhanced payment program, payment request) or post them to a customer account (open items). See also: Posting logic