SAP FICO Configuration

In this configuration activity you will specify an accounting object by which splitting will happen. Transaction: S_AL0_19000071 IMG Path: Financial Accounting (New) -> General Ledger Accounting (New) -> Business Transactions -> Document Splitting -> Define Document Splitting Characteristics for General Ledger Accounting Table: FAGL_SPLIT_FIELD     When you enter into the transaction, you get following screen. Create a new field characteristic or edit an already existing one.

There cases where you have to do intercompany postings. This will happen in cases where one company is receiving the invoice, but it is applicable for two or more. For that reason you will just do debit first company code to credit second company code, but the system will require clearing accounts to which the opposite site will go. Transaction: OBYA IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers -> Real-Time Integration of Controlling with Financial accounting -> Define Account Determination for Real-Time Integration -> Define Intercompany Clearing Accounts Table: T001U   When you …

In this configuration activity you have to define account determination when you have integration between CO and FI. What is usually recommended is to use single reconciliation account where you could track easily the balances. Keep in mind that this configuration is based on controlling area as the flow is from CO to FI. Transaction: OK17 IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers -> Real-Time Integration of Controlling with Financial accounting -> Define Account Determination for Real-Time Integration -> Define Account Determination for Real-Time Integration Table: T030, T030B   When you start the transaction …

In this configuration activity you are able to define a rules by which the CO Line Items will be selected. If you want all CO line items to transfer to the FI, then it is not necessary to do anything here. Transaction: S_ELN_06000004 IMG Path:  Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers -> Real-Time Integration of Controlling with Financial accounting -> Define Rules for Selecting CO Line Items Table: GB90, GB901   When you start the transaction you have to options. Either change existing rules or create a new one,   Following …

Having already an Integration Variant, you should now assign it to a Company Code. You could use one integration variant to several company codes. Transaction: S_ELN_06000003 IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers -> Real-Time Integration of Controlling with Financial accounting -> Assign Variants for Real-Time Integration to Company Codes Table: FAGLCOFICCODEC   When you open the transaction, you will see a list of already assigned integration variants to company codes. Create a new entry to assign it to the newly created company code.   Assign the Variant  that you wish to your company …