Show TOC

 Integration with Accounting


Integration with Accounting consists of forwarding billing data to

  • Financial Accounting (FI - Accounts Receivable)

  • Controlling (CO)

When you create a billing document, the system automatically creates all relevant accounting documents for:

  • General Ledger

  • Profit center

  • Profitability Analysis

  • Cost Accounting

  • Accounting

Integration with Financial Accounting consists of forwarding billing data in invoices, credit and debit memos to Financial Accounting. The system

  • posts offsetting entries to the appropriate accounts (with the help of "account assignment")

  • and makes sure that FI can recognize all billing documents belonging to one business transaction (for example, a credit memo to an invoice)

Integration with Controlling consists of assigning costs and revenues to the appropriate sub-ledgers.

You can also: