Integration with Accounting consists of forwarding billing data to
Financial Accounting (FI - Accounts Receivable)
Controlling (CO)
When you create a billing document, the system automatically creates all relevant accounting documents for:
General Ledger
Profit center
Profitability Analysis
Cost Accounting
Accounting
Integration with Financial Accounting consists of forwarding billing data in invoices, credit and debit memos to Financial Accounting. The system
posts offsetting entries to the appropriate accounts (with the help of "account assignment")
and makes sure that FI can recognize all billing documents belonging to one business transaction (for example, a credit memo to an invoice)
Integration with Controlling consists of assigning costs and revenues to the appropriate sub-ledgers.
You can also: