EA-FIN: Closing 

Closing is a part of the Financials Extension (EA-FIN) business function.

Technical Data

Technical name of the business function	EA-FIN
Type of business function	Enterprise Extension
Documentation based on release	SAP ERP 6.0
SAP software component	EA-APPL
SAP application component	AC
Business Intelligence content	Not relevant
Additional content available in other SAP applications	Schedule Manager (CA-GTF-SCM)
Business function requiring activation in addition	Not relevant

Use

Using the functions of the Closing Cockpit, you can create a structured interface for executing transactions and programs that form part of complex processes, such as closing processes. The structural layout of the Closing Cockpit supports processes within an organizational structure, such as within the company code, as well as scenarios affecting multiple organizational structures.

Integration

The Closing Cockpit is part of Closing Operations in Financial Accounting; it is assigned to Periodic Processing in General Ledger Accounting (New). You can call this function from the SAP Easy Access screen, not only under the General Ledger, but also under Accounts Payable and Accounts Receivable.

The Closing Cockpit is part of the Individual Financial Statements business process, which is found in your SAP Solution Manager system. However, you can also use the Closing Cockpit for other business processes related to closing.

Prerequisites

This function can be used to enhance existing functions, and does not change any existing functions or interfaces. However, activating the Enterprise Extension EA-FIN makes certain functions on the SAP Easy Access screen and in the SAP Implementation Guide (IMG)for closing with the Closing Cockpitfully usable.

Features

The Closing Cockpit enables you to optimize your process flows by using its event-driven organization of activities, its overview and monitoring options, as well as its analysis tools, all of which cover the entire process.

To support the closing process, the Closing Cockpit offers the following structural objects:

●      Hierarchies for displaying the organizational objects involved in the closing process

●      A task list template based on the organizational structure

●      A detail view of the characteristic values of the individual hierarchy levels used in the task list template.

●      Task lists that are derived from the task list template

●      A list display in which all tasks to be managed or executed from the respective task list are made available for processing or for monitoring task progress

●      A monitor that shows a graphical representation of the critical paths as well as the processing periods and processing sequence with their respective dependencies

●      Detailed information about the technical settings of tasks as well as for analyzing background programs (spool, job log information)

●      Dependencies for displaying the conditions representing a prerequisite for processing the individual tasks

See also:

For information about configuration and process flow of the Closing Cockpit, see the SAP Library under SAP ERP Central Component → Accounting → Financial Accounting → General Ledger (FI-GL) (New) → Periodic Processing → Closing Operations → Configuring the Closing Cockpit.

For more information on closing, see SAP Service Marketplace at

●      service.sap.com/erp-financials → SAP ERP Financials → SAP Financial Accounting → Fast Close → Media Library. The Demos area contains information about Fast Close and about the functions of the Closing Cockpit.

●      service.sap.com/releasenotes → SAP Solutions → R/3 → SAP R/3 Enterprise 47X110, in Chapter 4.6.3.1 Schedule Manager (Enhanced). This information is also available in the same release note in your system.