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Financial Master Data Management: Charts of Accounts Locate this document in the navigation structure

 

Caution Caution

This business function is obsolete (and can no longer be activated). Activate the business function Master Data Governance for Financials, Organizational Units (FIN_MDM_ORG).

End of the caution.
Technical Data

Technical Name of Business Function

FIN_MDM_ACC

Type of Business Function

Enterprise Business Function

Available From

SAP enhancement package 4 for SAP ERP 6.0

Technical Usage

Strategic Enterprise Management

Application Component

MDG for Financials (CA-MDG-APP-FIN)

Directly Dependent Business Function Requiring Activation in Addition

Not relevant

You can use this business function to centrally manage and make changes to the financial master data of your enterprise. The approval process is guided via a workflow and you have the option of distributing the master data changes to your transactional systems via enterprise services.

Integration

This business function enables you to distribute the master data for the application components General Ledger (FI-GL) and Business Consolidation (FIN-SEM-BCS).

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

SAP_BS_FND 701

Software Component

FINBASIS 604

Complete List of Features

Software Component

SAP_APPL 604

Import of master data into General Ledger (FI-GL)

Software Component

SEM-BW 604

Import of master data into Business Consolidation (FIN-SEM-BCS)

Portal Content

Business Package for Financial MDM 1.40

Complete List of Features

SAP Enterprise Services

FINBASIS 604, namespace http://sap.com/xi/FINB/Global2 and SEM-BW 604, namespace http://sap.com/xi/SEM-BW/Global2 or SAP APPL 6.04, namespace http://sap.com/xi/APPL/Global2

Distribution of Master Data Using Enterprise Services

Business Intelligence content

SAP NetWeaver 7.0 BI Content Add-On 4

Reports About Master Data Changes

  • To be able to distribute the master data of the chart of accounts, you need to have made the necessary Customizing settings for General Ledger.

  • To be able to distribute the master data of the group chart of accounts, you need to have made the necessary settings for Business Consolidation. For more information, see Workbench for Customizing.

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

Features

The following functions become available when you activate this business function:

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. The process begins with a request for a 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 the documentation of the business package.

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 distribute the master data changes from the system in which you centrally made the changes to the transactional systems: You can use enterprise services to distribute new and changed chart of accounts master data. You also can download the master data as files for upload into the transactional systems.

Data Modeling

In the standard delivery, the business function contains a data model for changing charts of accounts. You can adjust the data model to suit your master data.