SAP ABAP IMG Activity FAGL_COFI_CCODE_CLR (Define Intercompany Clearing Accounts)
Hierarchy
☛ SAP_FIN (Software Component) SAP_FIN
   ⤷ FI-GL (Application Component) General Ledger Accounting
     ⤷ FAGL_ONLINE_RECONCILIATION (Package) Online Update CO->FI
IMG Activity
ID FAGL_COFI_CCODE_CLR Define Intercompany Clearing Accounts  
Transaction Code S_ELN_06000005   (empty) 
Created on 20030818    
Customizing Attributes FAGL_COFI_CCODE_CLR   Enter Intercompany Clearing Accounts 
Customizing Activity FAGL_COFI_CCODE_CLR   Enter Intercompany Clearing Accounts 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name SIMG_CFMENUORFBOBYA    

In this activity you define the accounts for the clearing entries the system makes when posting cross-company code transactions. These clearing entries represent the receivables and payables between company codes which result from central purchasing or payment.

You can specify G/L accounts as well as customer and vendor accounts for clearing between company codes.

Example

Cross-company code postings occur when purchasing or payment is made centrally for several company codes. They can also occur if one of the company codes in the corporate group is a manufacturer and another is a merchandiser. If, in this case, the manufacturer's products are sold to the merchandiser first and then to customers, items are posted across company codes, that is, between the "merchandising" company code and the "manufacturing" company code. The system creates two documents for these transactions; one for each company code.

Customers sometimes make payment to the wrong company in a group of affiliated companies. You can use cross-company code entry to minimize the number of entries for posting this payment. In doing so, you debit your bank account (company code 1) and credit the customer account (company code 2), and the system automatically generates clearing entries between both company codes.

Caution

If the company code for which you are posting these items is an external one, then you can specify only G/L accounts as the clearing accounts.

Note

The company codes involved must be part of a single legal entity for tax purposes if you are posting invoices to which each of the following points apply:

  • The receivables or payables are posted in a different company code from the one in which the revenue or expenses (costs) are posted.

  • The business transaction is relevant to taxes.

If a single legal entity exists for tax purposes, then only one of the company codes creates the advance tax return for every company code involved in the cross-company code postings.

Activities

  1. Enter the account numbers for the clearing entries for every company code pair that carries out purchasing or payment together.

Note

The required posting keys are already defined in the standard system. To display them, choose Goto -> Posting keys from the initial screen of the clearing accounts.

  1. Make sure that the accounts have been created.
  2. For cross-company code payment, you must also specify which company codes pay together.

Business Attributes
ASAP Roadmap ID 105   Define functions and processes 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 1   Critical 
Country-Dependency A   Valid for all countries 
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG SIMG_CFMENUORFBOBYA 0 HLA0006520 Basic Functions 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
F01U L - Logical transport object OBYA  
History
Last changed by/on SAP  20040311 
SAP Release Created in 470