GENERAL LEDGER END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING KALC - Functionality This functions reconciles posting in FI to CO. Reconciliation differences occurs between FI & CO because we use one Controlling Area linked to many Company codes. This means there are posting between company codes or functional area in CO (eg via allocation) that is not posted via FI – and hence not reflected in FI. You can use reconciliation postings to transfer these cross-company code; or cross-functional area postings made in CO that are relevant to FI, and to automatically create reconciliation postings in FI. You can make these reconciliation ledger postings at month end. This transaction should be performed after all the postings in CO and FI for the current period are finished. Scenario You need to run the reconciliation ledger and automatically post results. Requirements Postings across company codes or Functional Area occur in CO, which need to be reconciled with postings to FI. Menu Path Accounting Controlling Cost Element Accounting Actual Postings KALC - Reconciliation with FI Transaction Code KALC 1. Double Click on KALC - Reconciliation with FI. SAPTOPJOBS Page 1 of 10
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GENERAL LEDGEREND USER TRAINING DOCUMENTS
COST CENTER ACCOUNTING
KALC -
Functionality
This functions reconciles posting in FI to CO. Reconciliation differences occurs between FI & CO because we use one Controlling Area linked to many Company codes. This means there are posting between company codes or functional area in CO (eg via allocation) that is not posted via FI – and hence not reflected in FI.
You can use reconciliation postings to transfer these cross-company code; or cross-functional area postings made in CO that are relevant to FI, and to automatically create reconciliation postings in FI. You can make these reconciliation ledger postings at month end.This transaction should be performed after all the postings in CO and FI for the current period are finished.
Scenario
You need to run the reconciliation ledger and automatically post results.
Requirements
Postings across company codes or Functional Area occur in CO, which need to be reconciled with postings to FI.
Menu Path Accounting Controlling Cost Element Accounting Actual Postings KALC - Reconciliation with FI
Transaction Code KALC
1. Double Click on KALC - Reconciliation with FI.
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GENERAL LEDGEREND USER TRAINING DOCUMENTS
COST CENTER ACCOUNTING
Reconciliation Posting: Initial Screen
2. Update the following fields:
Field Name Field Description Values
Company code Enter required CC here Example: 1000
Period Enter here the period from which the reconciliation ledger postings are to be read
Example: 08
Fiscal year Enter here the fiscal year from which the reconciliation ledger postings are to be read
Example: 2002
3. Click Posting parameters Button to define what is the date for the reconciliation posting and what kind of document you want to use:
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GENERAL LEDGEREND USER TRAINING DOCUMENTS
COST CENTER ACCOUNTING
Reconciliation Posting: Posting Data
4. Update the following fields:
Field Name Field Description Values
Posting date Date for posting the reconciliation Example: 310802
Posting period Fiscal month when the transaction posts to the General Ledger
Example: 08
Document type Enter here the document type you want to use for posting
Example: RL
5. Click Enter Button to confirm your entries.
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GENERAL LEDGEREND USER TRAINING DOCUMENTS
COST CENTER ACCOUNTING
Reconciliation Posting: Initial Screen
6. Click Execute button to post the reconciliation.
You can perform the transaction in the Test run first (recommended), before creating postings in FI.