Plan and Forecast Data

This Model Table function is used to provide periodic plan and forecast totals for the relevant accounts.

It defines the following fields:

• Version: If you connect a real general ledger, you use this field to enter a fixed value. There is no variance because a general ledger provides only real data. You can use this field if versioned data is provided along with real general ledger data.

• Posting Date: You use this field to provide plan and forecast totals on a yearly, quarterly, monthly, or even daily basis to run the profitability and cost management process.

• Company: You use this field to specify different values since profitability and cost management is usually executed at controlling area level, which spans multiple companies and legal entities. This field is also available in reporting.

• GL Account: You use this field to record revenues and costs at a granular level. This field is also referred to as Cost Element.

• Profit Center: This field is required because the model incorporates revenue as well as costs. The profit center is the lowest granularity in a company or legal entity that generates profit.

• Amount [GC]: You use this field to specify the amount in transaction currency that represents costs or revenues.

• Currency [GC]: The transaction currency is the currency used to calculate profitability in the sample content. Irrespective of the currency used in an implementation project, it is common practice to translate every amount into the same currency so that only one currency (controlling area currency) is used in the complete profitability model.

• Scenario: You use this field to separate different scenarios.