The link between master data objects in Funds Management and objects in Controlling has two functions:

The assignment helps keep data entry work to a minimum when you are posting in the Funds Management feeder systems. The system derives the FM account assignment from the CO account assignment when you post. There is no need to enter one manually.

The assignment is used to reproduce the cost view from costing accounting in Funds Management. This means you can trace internal cost accounting business transactions.

You must assign a controlling area to each FM area where you want to use this facility. You do this in the Enterprise Structure IMG. Choose the step Assign controlling area to financial management area. The documentation for this step contains more detailed information.

You can activate posting integration selectively for the relevant business transactions; you do this in the Funds Management IMG. For more information, see the step Choose business transactions for integration in the Funds Management IMG.

You can then enter the following assignments:

• Commitment items to cost elements

• Funds centers to cost centers

• Funds centers to orders

• Funds centers to WBS elements

• Funds centers to profit centers

So as to increase flexibility, you can make assignments to cost centers, orders, and WBS elements dependent on cost elements. You can also make assignments to groups (cost element groups and cost center groups) so as to make maintenance more efficient.