Master Data Governance for Financials, Organizational Units

Technical Data
Technical Name of Business Function	`FIN_MDM_ORG`
Type of Business Function	Enterprise Business Function
Available From	SAP enhancement package 5 for SAP ERP 6.0
Technical Usage	Strategic Enterprise Management
Application Component	MDG for Financials (CA-MDG-APP-FIN)
Required Business Function	Master Data Governance, Generic Functions (`MDG_FOUNDATION`)

You can use this business function to configure a governance process for your master data in Financials. The governance of the master data is centralized and is managed by an approval process. The changes can be replicated in the decentralized systems and is documented at all times.

This business function offers the following advantages for your enterprise:

More efficient master data management
Improved compliance with the fundamentals of adequate enterprise governance by means of automated, secure, and documented replication of master data
Faster individual and consolidated financial statements

All this reduces your total cost of ownership (TCO).

Integration

This business function has the same features as the business function Financial Master Data Management: Charts of Accounts (FIN_MDM_ACC), but has some additional features and entity types. The business function FIN_MDM_ACC is obsolete as of SAP enhancement package 5 for SAP ERP 6.0. Therefore, if you want to use Financials content, activate the present business function.

If you want to use enterprise services to import the master data into the application components General Ledger (FI-GL) and Controlling (CO), you need to activate the business function Master Data Governance for Financials, SOA Organizational Units (FIN_MDM_SOA_ORG).

If you want to use enterprise services to import the master data of charts of accounts and item hierarchies into the application component Business Consolidation (FIN-SEM-BCS), you need to activate the business function Master Data Governance for Financials, SOA ChtAccts and FRS (FIN_MDM_SOA_CU).

Prerequisites

You have installed the following components as of the version given:

Type of Component	Component	Is Needed Only for the Following Features
Software Component	FINBASIS 605 and SEM-BW 605
Portal Content	Business Package for Financial MDM 1.51
BI Content	SAP NetWeaver 7.0 BI Content Add-On 5 SP01	Master data reports
XI/ESR Content	`FINBASIS 605`, namespace `http://sap.com/xi/FINB/Global2` and `http://sap.com/xi/FIN/MDG/Global2`	Replication of Master Data Using Enterprise Services

You have made the required settings in Customizing under Cross-Application Components Processes and Tools for Enterprise Applications Master Data Governance Master Data Governance for Financials .

If you want to use point-to-point communication for the enterprise services (see below), in addition to this business function you also need to activate the business function Improvements for SOA Reuse Functions (FND_SOA_REUSE_1).

Features

This business function provides you with data model 0G, which models the following business objects in the system as entity types:

Account
Company
Profit Center
Cost Center
Consolidation Unit
Cost Element

This enables you to use the following functions for these business objects:

Approval Process for Master Data Changes

You can use a workflow to perform the approval process for changing master data, and document the approval process for reviewing purposes. You can choose one of several workflow processes, which have different levels of approval details. For more information, see Workflow Templates for Financials.

The most detailed process begins with a request for change, which can be evaluated and commented by various persons. Once the request has been evaluated, considered and approved, the system executes the changes. The changes then undergo a final check and are either approved or rejected. Change requests document and manage all steps in the approval process.

Master Data Change

You can access and change the master data from within a worklist in the portal. For more information, see Master Data Processing.

Versioning of Master Data

The changes are stored in editions. Editions let you display past values of the master data at any time and define future values. Change documents document when master data was changed and by whom the changes were made. You also can display the approval process and review the reasoning behind the changes.

Replication of Master Data

You can replicate the master data changes from the Master Data Governance hub to your decentralized systems. The data replication framework enables the automated replication of data. You can run such replications either on a regular basis or on demand.

Enterprise services for replicating the data are available in the following application components:

General Ledger (FI-GL)
Controlling (CO)
Business Consolidation (FIN-SEM-BCS)

If you want to use enterprise services to replicate master data, you can point-to-point communication.