Reconciliation between financial accounting and controlling is possible in SAP. From Financial accounting we get data into controlling module and in controlling we reassign cost from one cost object to another cost object and some other reassignments are done based on the business process. There changes are noted in financial accounting. For this reason we need to do reconciliation;
In OKKP transaction we maintain controlling area settings. On the initial screen we need to do two configurations to get FICO reconciliation activated.
- Under the assignment control tab we have to set “cross company code cost accounting” and
- Below the screen we need to tick “Recon. Ledger active”
In the second step you define adjustment accounts for reconciliation posting
Activate reconciliation ledger
In the first step you activate the reconciliation ledger for your controlling area. To do that, go to transaction code KALA or following path. Enter your controlling area and execute it.
SPRO > Controlling > cost element controlling > Reconciliation ledger > activate/deactivate reconciliation ledger
Define Adjustment accounts for reconciliation posting
First you create the general ledger account by using transaction code FS00 and then do the assignment to transaction GA0 as followings.
You can enter the transaction code OBYB or use following path;
SPRO > Controlling > cost element controlling > Reconciliation ledger > Define adjustment accounts for reconciliation ledger
Double click on transaction “GA0 –maintain clearing accounts for business area/functional area”
Update your chart of account and then the general ledger account.
Double click on “maintain clearing accounts for company codes”
And enter two company codes assigned to the controlling area and then update the screen.
Document number range for reconciliation posting
To set the number range either follow the following path or use transaction code OK13
SPRO > Controlling > Cost Element Accounting > Reconciliation Ledger > Specify document number range for reconciliation posting
You can create your own or copy it by clicking on copy icon and then enter the from company code and to company code. In place of “from” you enter the company code from which you want to copy it and in place of “to” you enter your company code to which you want to copy it.