Allocations in controlling usually generate postings that have no effect on financial accounting. These postings do not update general ledger totals; they are postings within controlling only. However, if an allocation in controlling leads to a change of the functional area or of another attribute that is relevant for reporting in financial accounting, this causes a shift between the affected items in the profit and loss statement. This information therefore has to be transferred to financial accounting. This reconciliation between controlling and financial accounting takes place through the real-time integration.
The real-time integration allows all controlling documents to be transferred to financial accounting immediately. Financial accounting is therefore reconciled with controlling at all times.
For every posting in controlling a document is created in financial accounting. As a result, all the detailed information that is also contained in the CO documents is available in the reports of the new general ledger at any time, broken down by e.g.:
- Functional area
- Cost center
- Internal order
Integration
The real-time integration we implement replaces the reconciliation postings listed above. Every cost type involved in a reallocation that is relevant for the profit and loss statement is given an assigned general ledger account. Every allocation in controlling then leads to an assigned general ledger entry via the real-time integration.
Sascha Marquardt
Responsible for the partner programme, the licensing business and commercial project delivery.
