Use

During allocations in Controlling, postings are created that do not affect Financial Accounting. These postings do not update any G/L account transaction figures, rather they are ordinary postings within Controlling.

If, however, an allocation in Controlling leads to a change in the functional area, a shift occurs in the affected items in the profit and loss statement. The change of functional area has therefore to be communicated back to Financial Accounting. This reconciliation between Controlling and Financial Accounting is effected with so-called reconciliation postings.

Prerequisites

To carry out reconciliation postings, you have to activate the Reconciliation Ledger and define the adjustment accounts for the reconciliation postings. You can find the necessary settings in Customizing under  Controlling Cost Element Accounting Reconciliation Posting .

Features

All allocations within Controlling are logged in the reconciliation ledger. If these allocations contain relevant account assignment for Financial Accounting (company code, business area, functional area, and so on), the difference between the functional area balance in Financial Accounting and Controlling is entered here, along with other data.

At period-end closing, you can carry out adjustment postings or reconciliation postings for Financial Accounting. These postings are based on reconciliation ledger documents and result in either debit or credit postings to the relevant functional areas via automatic account determination.

You can find more information on reconciliation postings in the SAP Library under  Accounting Controlling Cost and Revenue Element Accounting Functions in Cost and Revenue Element Accounting Reconciliation Postings .

Activities

To carry out reconciliation postings, on the SAP Easy Access screen, choose  Accounting Controlling Cost Element Accounting Actual Postings Reconciliation with FI . For more information, see Making Reconciliation Postings .

After making the reconciliation postings, you can create a reconciled profit and loss statement.