Technical Name of Business Function |
FIN_LOC_CI_7 |
Type of Business Function |
Enterprise Business Function |
Available From |
SAP enhancement package 5 for SAP ERP 6.0 |
Technical Usage |
Central Applications |
Application Component |
Financial Accounting (FI), Sales and Distribution (SD), Materials Management (MM), Logistics Execution (LE) |
Required Business Function |
Not relevant |
You can use this business function to meet business requirements in the following components and countries:
Financial Accounting (FI) component for Chile
Materials Management (MM) component for India
Asset Accounting (FI-AA) component for Portugal
Financial Accounting (FI), Sales and Distribution (SD), Materials Management (MM), and Logistics Execution (LE) components for Russia
You have installed the following components as of the version mentioned:
Type of Component |
Component |
Required for the Following Features Only |
---|---|---|
Software Component |
SAP_APPL 605 and EA-APPL 605 |
You can use the Material Ledger (Chile) report to summarize line items in the Financial Accounting (FI) documents that have identical G/L account assignments but differ in debit/credit value fields.
For more information, see Material Ledger.
In India, tax rates for the same material can differ in different regions. This solution allows you to assign a tax code for a vendor and the vendor region. When you create the purchase order or scheduling agreement for a material, the system gives you an option to use the tax code that you have assigned to the region from where the vendor supplies the material. This enables the system to calculate the taxes at the tax rate applicable for that region.
You can use this new solution for free revaluation of the fixed assets. In Portugal, companies can make a free revaluation to their fixed assets if it suits their business. If the company does so, they have to report free revaluations the same way they report the legal revaluations usingAsset Report Print Program (Portugal) (RAIDPT02) report. This report now generates a new form Mapa 33.30 to report free revaluation.
For more information, see Asset Reporting Forms.
You can use the following new features in Asset Accounting (FI-AA):
You can add Russia-specific fields to standard asset accounting reports.
You can enter the KPP number on the selection screen of the Transport Tax Return program and include it in the output.
For more information, see Customizing for Russian Fields in Asset Accounting and Transport Tax Return.
You can use the following new features:
The system can automatically fill the Assignment Number field of the accounting document with the internal contract number when the accounting document is generated in the background during a standard sales or purchasing process.
You can group or filter data based on the contract number in various reports.
You can manage payments, documents, or any payables or receivables that belong to different contracts separately.
For more information, see Contract Number Maintenance in Accounting Documents and Reclassification Based on Contract Numbers.
You can use the following new features:
You can create, change, display, or delete deal passport data in the system.
You can use a report to display the history of changes that you made to deal passports.
For more information, see Deal Passport Maintenance and Deal Passport Change History.
You can use the following new features:
You can create, change, display, and delete export customs declaration data in the system. You can create three types of export customs declarations:
You can create links between the line items of export customs declarations and SD or MM documents (delivery documents, SD invoice, purchase order, material documents).
You can calculate and post customs fees and duties for export customs declarations.
You can use a report to display the data of export customs declarations and the documents to which they have a reference.
You can use a report to display the history of changes that you made to export customs declarations.
The Create Secondary Events for Exports (Russia) program can retrieve data from export customs declarations to verify exports.
For more information, see Export Customs Declarations, Export Customs Declaration Report, Export Customs Declaration Change History, and Secondary Events Creation for Exports.
You can use the following new features:
You can enter and maintain import customs declaration data in the system.
The system can automatically assign customs declaration items to material and billing document items when posting.
You can use a report to display the data of customs declaration items and their assignments to material and billing document items.
You can include the customs declaration number and country of origin data in the printed VAT invoice.
For more information, see Assignment of Import Customs Declaration Items and Import Customs Declaration Assignments.
You can use the Financial Statements (Russia) report to create XML or PDF files in legal format for the following financial statements:
Balance sheet (Form 1)
Profit and loss statement (Form 2)
Statement of changes in stockholders' equity (Form 3)
Supplement to balance sheet (Form 5)
For more information, see Financial Statements Report.
You can use the Foreign Currency Valuation History (Russia) report to display the history of foreign currency valuations for any open or closed document items in G/L, customer, or vendor accounts.
For more information, see Foreign Currency Valuation History.
You can print the following legal forms using the ADOBE form template:
Record of Storage Placement for Materials (MX-1)
Record of Return from Storage for Inventory Holdings (MX-3)
Record of Internal Transfer of Goods (TORG-13)
Cash Voucher Register (KO-3)
Cash Journal (KO-4)
For more information, see Business Transactions (MM), Business Transactions (LE), and Cash Journal.
You can use negative posting in the following functions:
Clearing documents in FI
Repeated depreciation posting run
Canceling billing documents in SD
For more information, see Negative Posting in Clearing, Negative Posting in Depreciation Posting Run, and Negative Posting in Canceling Billing Documents.
You can use the following new features for offsetting account determination:
The online offsetting account determination function allows you to automatically determine offsetting accounts in the background each time when an accounting document is posted.
You can determine offsetting accounts in a ledger other than the leading ledger. The system then uses the postings in offsetting accounts in the non-leading ledger when processing data for the following reports:
Automatic Offsetting Account Determination
Manual Offsetting Account Determination
General Ledger Report
Unprocessed Accounting Documents
Register of Amounts Posted to G/L Accounts
Account Balances (both for local and foreign currency)
Account Balance Comparison (both for local and foreign currency)
Defined Correspondence Documents List
For more information, see Offsetting Account Determination.
You can use the following enhanced features for value-added tax calculation and reporting:
The Separate VAT Accounting function allows you to calculate and report input VAT, separated by outgoing VAT-free operations and 0% operations as required by law.
You can create your own tax grouping versions for invoices that are to be processed in a certain way, for example, for incoming invoices that have to be processed by the Separate VAT Accounting function or for invoices from vendors for which you act as a tax agent.
You can prepare the Tax Agent section of your VAT return separately for each business partner.
Fore more information, see Separate VAT Accounting.
You can post VAT from billing documents in case goods have been shipped but the ownership of the goods is transferred at goods acceptance only.
You can use the new VAT for Goods in Transit (Russia) program to perform the following functions:
Post VAT from billing documents in SD
Release billing documents to FI when ownership transfer happens
Clear the accounting documents created during VAT posting with FI invoices
Reverse VAT posting documents and clearing documents if the relevant billing document has been canceled
Check the statuses of billing documents in this process
You can also reflect these VAT posting documents in the sales ledger, outgoing invoice journal, and VAT invoice.
For more information, see VAT for Goods in Transit.