Accounting and Financial Close (I)

Business Area Scope Item

SID Status

Short Description

Baseline Accelerator

Accounting and Financial Close Accounting and Financial Close J58 Changed This scope item provides a comprehensive overview of external accounting and accounts.

Accounting and Financial Close Accounting and Financial Close - Group Ledger IFRS 1GA Upgraded This scope item provides additional scope for Accounting and Financial Close (J58). It provides ledger-specific operation postings and ledger-specific period-end closing steps.

Accounting and Financial Close Accounting and Financial Close - Group Ledger US GAAP 2VA Upgraded This process is an additional optional scope item to Accounting and Financial Close (J58). It provides ledgerspecific operation postings and ledger-specific period-end closing steps.

Accounting and Financial Close Accounting for Incoming Sales Orders

2FD Changed This scope item provides a report of all incoming sales orders for a given fiscal period. It also provides the capability to display prediction journal entries along with actuals, and to analyze the expected results at period/quarter end.

Accounting and Financial Close Asset Accounting

J62 Upgraded Asset accounting is a subsidiary ledger of the general ledger and is used to manage and document fixed asset transactions in detail.

Accounting and Financial Close Asset Accounting - Group Ledger IFRS 1GB Upgraded This process is an additional scope item to Asset Accounting (J62). It provides ledger-specific transactions and reports for IFRS.

Accounting and Financial Close Asset Accounting - Group Ledger US GAAP 33F Upgraded This process is an additional scope item to Asset Accounting (J62). It provides ledger-specific transactions and reports for US GAAP.

Accounting and Financial Close Asset Under Construction BFH Upgraded This process describes the necessary steps that must be performed to acquire assets for constructed assets, starting with the acquisition of an asset and its monitoring until construction is finished. This can take place within a single period or over more than one period.

Accounting and Financial Close Asset Under Construction - Group Ledger IFRS 1GF Upgraded This process is an additional scope item to Asset Accounting (BFH). It provides ledger-specific transactions. This scope item describes the necessary steps to acquire assets for constructed assets in group ledger IFRS.

Accounting and Financial Close Asset Under Construction - Group Ledger US GAAP 33G Upgraded This process is an additional scope item to Asset Accounting (BFH). It provides ledger-specific transactions. This scope item describes the necessary steps to acquire assets for constructed assets in group ledger US GAAP.