Scenario when Using Realtime Update (SAP Library - European Monetary Union: Euro (CA-EUR))

Scenario when Using Realtime Update

Purpose

This scenario applies if at least one company or consolidation unit transfers its data by means of realtime updating.

It requires activities to be performed both during the central changeover and during the changeover of the Consolidation application.

During preparations for the central changeover, you specify the level of detail at which integrated data is to be reconciled after the changeover of the Consolidation application. You can specify the following:

Reconciliation of consolidation data with the general ledger at the level of items
Additional reconciliation with subsidiary ledgers at the level of transaction type and partner

If you specify reconciliation at the level of transaction type and partner, the system generates a carryforward balance in the consolidation staging ledger (ledger 09 with totals table GLT3) from the general and subsidiary ledgers. It does this during postprocessing for the central changeover.

carryforward balances are generated in local currency for each company code to which a company is assigned and which has been converted to euros. No ledger currency amounts are included.

Integrated data is reconciled with the general ledger and, if appropriate, with the subsidiary ledgers during postprocessing for the changeover of the Consolidation application. For further information, see the documentation Reconciliation with Applications Supplying Data.

The consolidation staging ledger is not normally used for realtime updating. During the euro changeover, it is used only to reconcile integrated data, if you specify reconciliation at the level of transaction type or partner.

Preconditions

Individual accounts are closed for the prior fiscal year in General Ledger Accounting.

Balances have been carried forward in General Ledger Accounting.

In the current fiscal year, entries are made to the general ledger and to the Consolidation application.

The General Ledger Accounting department wants to run a conversion.

Process Flow

You perform all changeover activities using the Implementation Guide (IMG). The programs that you need to run before and after the changeover are also listed below.

During preparations for the central changeover, you specify the level of detail at which you want to reconcile integrated data.

IMG activity: Local Currency Changeover ® Preparation ® Preparation in Financial Accounting ® Prepare reconciliation of the consolidation staging ledger

You perform a central changeover using the standard package. The following are changed over:

Company code currency
Company currency
General ledger data (FI-GL, FI-AR, FI-AP, FI-AA)

If you specified a reconciliation of integrated data at the level of transaction type or partner in step 1, the system generates a carryforward balance from FI data in the consolidation staging ledger during postprocessing for the central changeover.

Program: RGCEUR50

You create consolidated financial statements for the prior fiscal year in the original currency.
You carry forward balances in Consolidation.

Program: RGCVTR00 (FI-LC application menu) or

Program: FICBCF00 (EC-CS application menu)

You run the changeover in Consolidation.
During postprocessing for the changeover, you reconcile integrated consolidation data with data supplied by other applications.

Program (FI-LC): RGCEUR30

Program (EC-CS): FICEUR20

During postprocessing for the changeover, you run a check on contra items and recalculate retained earnings.

Program (FI-LC): RGCCHPEU

Program (EC-CS): FICCHI00

You call a posting stoppage for transaction systems.
You repost all FI documents for the current fiscal year in Consolidation.

Program RGUREC10 (IMG for euro changeover)

Result

In Consolidation, you can create consolidated financial statements for the current fiscal year in euros.