Unit 9. Reconciliation Between Management Accounting and Financial Accounting Reconciliation Ledger Business Example
Unit 9. Reconciliation Between Management Accounting and Financial Accounting Reconciliation Ledger Business Example
Unit 9. Reconciliation Between Management Accounting and Financial Accounting Reconciliation Ledger Business Example
Reconciliation Ledger
Business Example
The reconciliation ledger monitors the cost allocations in Management Accounting and proposes
entries in Financial Accounting that reflect these allocations. In this way, the reconciliation ledger
monitors the costs that were transferred from one Management Accounting object to another
Management Accounting object across company code, business area, and functional area boundaries.
Data from internal and external accounting must be reconcilable. A main function of the reconlitiation
ledger is to reconcile postings:
Reconciliation postings are handled in two steps: first you calculate the postings to be made, then you
post. You can also selected transactions only instead of making all reconciliation postings at once.
In addition to reconciling Financial Accounting and Management Accounting data, the reconciliation
ledger can be used for the following purposes:
Reconciliation reports
Special cost elemnt reports are supplied in the SAP system for evaluating the reconciliation ledger. You
can use these reports to compare the values in internal and external accounting, display the costs
incurred for each object class, and see the fow of costs between company codes, for example.
You can use the cash flow report to document the flow of costs in Management Accounting, as well as
the reconciliation postings. This report displays all the cross company code, cross business area, and
cross functional area cost cash flows in Management Accounting.
You can use the data in the reconciliation ledger to make interesting analyses using other reports
(including your own).
With mySAP ERP Central Component, Sap delivers an alternative to the General Ledgr in mySAP
ERP financials. For new installations of mySAP ERP, the new General Ledger Accounting is active as
standard.
New general ledger accounting is fully integrated with all subledgers (such as Account Payable,
Account Receivable, and Asset Accounting).
Customer already using the classic general ledger may choose whether or not to switch to the new
general ledger accounting. When customers upgrade to mySAP ERP, they will find several advantages
to activating the new general ledger accounting.
The new genera ledger accounting in mySAP ERP combines functions from the classic G/L and from
the special purpose ledger and offers the following advantages compared to classic general ledger
accounting in SAP R/3 Eterprise:
Real time document splitting with Online Split allows you to create financial statements for segments
and other entities.
Real time reconciliation using real time integration makes it easier to reconcile between Management
Acccounting and Financial Accounting. This makea time consuming reconciliation taks obsolete.
Managing several ledger allows you to portray parallel accounting in the SAP system.
Although the user interfaces for entering data or postings remain virtually identical to those of the
previous release, the data structure has been extended to include the following fields:
- Cost element
- Cost center
- Profit center
- Functional area
- Segment
-
Document splitting
The online split can be used when you want to split expenses between segments, cost centers, profit
centers or business areas.
You must activate document splitting to ensure that the characteristic segment (or indeed ay other
entity) is split consistently. Uniform segmentation means that a zero balance is achieved for each
document for the relevant entity.
The following figures demonstrates real time integration of Management Accounting and Financial
Accounting using Functional area as an example. You can set up real time integration for other criteria
such as company code, business area, profit center, segment, fund, and receivable. In fact, you can
activate real time integration for all these characteristic at once.
The financial accounting document (see 2b in the figure) has the following special features:
- Posting are made in real time (per document). Reconciliation is no longer needed (only
aggregated for each expense account/ cost element) with the reconciliation ledger in Cost
Element Accounting (transaction KLAC)
- The financial accounting document does not require clearing accounts. However, clearing
accounts are still required in mySAP ERP for cross company code transactions.
- Users can access the financial accounting document generated in real time from the
management accounting document (see 2 and 2a in the figure) and vice versa, thereby
guaranteeing transparency of the accounting documents.
Parallel accounting
Rekonsiliasi Ledger
Contoh Bisnis
Rekonsiliasi buku memantau alokasi biaya dalam Manajemen Akuntansi dan mengusulkan entri dalam
Akuntansi Keuangan yang mencerminkan alokasi tersebut. Dengan cara ini, buku besar rekonsiliasi
memonitor biaya yang ditransfer dari satu objek ke objek Akuntansi Manajemen Akuntansi Manajemen
lain di seberang kode perusahaan, area bisnis, dan batas-batas wilayah fungsional.
Split online dapat digunakan ketika Anda ingin membagi beban antara segmen, pusat biaya, pusat laba
atau area bisnis.
Anda harus mengaktifkan membelah dokumen untuk memastikan bahwa segmen karakteristik (atau
memang ay entitas lain) dibagi secara konsisten. Segmentasi seragam berarti bahwa saldo nol dicapai
untuk setiap dokumen untuk entitas yang relevan.
Integrasi real time dan rekonsiliasi
Angka-angka berikut menunjukkan integrasi real time Akuntansi Manajemen dan Akuntansi Keuangan
menggunakan wilayah fungsional sebagai contoh. Anda dapat mengatur integrasi real time untuk
kriteria lain seperti kode perusahaan, area bisnis, pusat laba, segmen, dana, dan piutang. Bahkan, Anda
dapat mengaktifkan integrasi real time untuk semua karakteristik ini sekaligus.
Dokumen akuntansi keuangan (lihat 2b dalam gambar) memiliki fitur khusus berikut:
- Posting dibuat secara real time (per dokumen). Rekonsiliasi tidak lagi diperlukan (hanya dikumpulkan
untuk setiap rekening pengeluaran / elemen biaya) dengan buku besar rekonsiliasi di Biaya Elemen
Akuntansi (transaksi KLAC)
- Dokumen akuntansi keuangan tidak memerlukan kliring rekening. Namun, rekening kliring masih
diperlukan dalam mySAP ERP untuk transaksi kode lintas perusahaan.
- Pengguna dapat mengakses dokumen akuntansi keuangan dihasilkan secara real time dari dokumen
akuntansi manajemen (lihat 2 dan 2a pada gambar) dan sebaliknya, sehingga menjamin transparansi
dokumen akuntansi.
Akuntansi paralel
Keuntungan di Detil-Paralel Akuntansi
- Setiap klien hanya memiliki satu
- Namun, Anda juga dapat memiliki buku besar non-terkemuka sepanjang sisi buku terkemuka
- Buku besar terkemuka umumnya mencerminkan seperangkat prinsip akuntansi yang digunakan untuk
membuat laporan keuangan kelompok