Menus finance
R / 3, acting under the generic term "accounting" different work areas together:
• General Ledger
• Accounts Receivable
• Accounts Payable
• Bank Accounts
• Asset Management
• Consolidation
• Special Ledger
• Travel Management
The working areas "Ledger", "Accounts Receivable", "vendor" and "Banks" contain all the functions needed to cover work in the Financial accounting is required. The other menus are used to deal ie) with company organizations (for consolidation measures are used General Ledger as an extended evaluation function, to control between revenue and expenditure (budget management) and accounting Representation of business travel. Below is an example of the work area "Vendors" represented. The other work areas of financial accounting have an analogous structure.
Basic settings for company code
The most important basic settings are presented in the R / 3 system for a company code must be made:
Financial in the financial accounts are an important criterion for classification. They booking periods are in and - for the financial statements - in special periods divided. In the R / 3 system, the user is not on calendar years or months bound, if he wants to define financial or accounting periods. In each fiscal year can define up to 16 periods, taking the divided into reservation and special periods chosen freely.
Fiscal year variant
Using the variant of the fiscal period of the fiscal year will be and the posting periods defined. Each company code must have a Fiscal year variant is assigned. This is done by using a Indicator in the company code table T001 specify. Meet in System versions do not already defined the specific needs, for each client can be any number of financial options be defined. However, a company code can have only one option be assigned. A variant is the following fiscal year Parameter defined as:
• Start and end of a fiscal year
• Number of periods (maximum 16)
• Length of the year and length of the individual posting periods
Booking Period
Each transaction is stored in R / 3 as evidence, and always an accounting period allocated. The booking period is one for the purposes accounting defined period within a fiscal year, which may consist of a maximum of 16 accounting periods.
There are two types of accounting periods:
• Normal posting periods
• Completion Period (special periods)
Posting Period Control
In a correctly managed accounting system must ensure be that for accounting periods ended not later more and future, not relevant periods, not booked can be. This is the reason why the associated fiscal year option, according to posting periods defined booking depend be opened and closed.
Basically an accounting period for the entire company code is open or closed. However, it is possible to account type and number of posting periods specified open or close (eg, for accounts that booked by interfaces in the middle of the next period be).
Posting period and fiscal year
The Financial Accounting in R / 3 can at any time begin, therefore, even within a fiscal year. From the posting date in the evidence becomes the means of determinations Fiscal year variant of the one posting period specified, the updated is. Is the final periods, the document must be appropriate accounting period to be specified. Are bookings carried out a past business year, this leads automatically to a correction of the balance carried forward for the new year.
Maintenance of the posting periods
Booking periods are maintained in the working area of the main accounts. There are two time intervals are available: The first is the Posting periods 1 to 12, the second special periods. For each interval are the initial and final period of the fiscal year indicated. The lying within these limits periods are then ready for bookings. |
