Use

You can use the mirror transaction function to avoid the double entry of transactions that are concluded between two companies (parent and subsidiary) within a group. When you create a transaction (with a business partner) in one of the two company codes, another transaction is automatically created with opposing payment flows in the other company code.

This mirror function is available in only one direction. For example, the parent company can place a fixed-term deposit with its subsidiary, but not the other way around.

Prerequisites

The parent company and its subsidiaries are separate company codes within the same client.

Each business partner is a company code in the system.

For information on the settings you must make in Customizing, see the Implementation Guide (Corporate Finance Management -> Transaction Manager -> General Settings -> Transaction Management -> Distribution of Mirror Transactions -> etc.).

Features

The function is available for fixed-term deposits and deposits at notice, as well as interest and cash flow transactions in the Money Market area, and for spot exchange transactions, forward exchange transactions and foreign exchange swaps in the Foreign Exchange area.

Activities

After you have created a financial transaction, the structural data of the transaction is mirrored 1:1, that is, the payment flows are mapped in the opposite direction to those of the original transaction. In display mode, a message appears saying that a mirror transaction now exists.

Original transaction

Mirror Transaction

The mirrored transactions are linked to each other and also reference each other. The reference belongs to the MIR type (mirror transaction – link).

You can display this linkage from the financial transaction by choosing Environment → Object links . You display the references by double clicking on Mirror trans. - link , and you can go to the corresponding transactions from here.

After entering a mirror transaction, SAP recommends that you leave the transaction and then go back into the display of the transaction, where you can check the object links.

You can also view object linkages by choosing Back Office → Reference → Collective Processing .

Mirror transactions cannot be created retroactively for existing transactions.

Note for Foreign Exchange Swaps:

You do not need to make any special Customizing settings for forex swaps.You need to change Customizing settings for other transactions in foreign exchange trading.

Four transactions arise when a forex swap is mirrored. A spot transaction and a forward transaction are created in each of the two company codes involved.

The reference category SWP (forex swap) also appears in this context. The spot transaction and forward transaction in one company code are linked by the SWP reference.