Integration of FI-CO

SAP is fully integrated system,therefore knowing the integration points enables  users to understand the modules in a better way

• The organization units are not only defined in FI (Company Code),It is also defined in Purchasing as Purchasing Organizations, plants and storage location. The SD modules requires the set up of Sales Organizations and Distribution Channels. The Controlling modules requires a Controlling area to be defined.
• To transfer data between FI(Financial Accounting) and CO (controlling) as well as other modules, a Company Code must be assigned to each of the Modules. 
• Document postings are automatically posted in the year and periods that you created in the Fiscal Year variant set-ups based on the month, start and end dates to which postings are allowed within a given period as defined.

Integration between FI and CO can be conducted in real time. As a result of real-time integration, all Controlling documents that are relevant for General Ledger Accounting are transferred from Controlling to Financial Accounting in real time. This means that Financial Accounting is always reconciled with Controlling. From ECC 6.0 onwards, you need not activate reconciliation ledgers in controlling.

Through this single integration solution we can avoids any need for separate cost-center ledger, reconciliation-ledger and profit-center ledger. The result is high transparency of data at all times, eliminating data redundancy and faster period-ends closings.

These are the configuration steps for Real time integration of controlling and financial accounting.

1. Define Variants for Real-Time Integration

2. Assign Variants for Real-Time Integration to Company Codes

3. Define Account Determination for Real Time Integration CO

4. Define Account Determination for Real-Time Integration


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