Entering content frame

Component documentation US Fund Accounting Locate the document in its SAP Library structure

Purpose 

The U.S. Fund Accounting feature enables you to implement U.S Fund Accounting in compliance with Generally Accepted Accounting Principles (GAAP), including the requirements of GASB Statements 34 and 35. It includes the steps necessary to integrate accounting and reporting by fund and functional area in the components listed under “Integration” below.

Integration

Relevant features within the following components must be active and configured before you can implement Fund Accounting:

·        Funds Management (FM)

·        Financial Accounting (FI)

·        Controlling and Project System (CO and PS)

 

 

 

 

Leaving content frame