Announcement:
wanna exchange links? contact me at sapchatroom@gmail.com.
Posted by
Admin at
Hi Tony
Though I am not a CO person ( I am pure FI ) my understanding of the concept
is as follows:
Controlling area same as company code refers to the creation and operation
of a controlling area which is capable of having a single company code under
it and wanting to manage Costs and revenues of the said company code .
Therefore it is unlikely to include any other company code under this
controlling area.
Cross company code controlling is the other option wherein you can have
multiple company codes ( using the same fiscal year variant ) usually the
individual participants of a corporate group. Here again all the company
codes use the same fiscal year variant but each company code may use a
different local currency. Cross Company Code controlling , as the name
implies is capable of managing costs and revenues not only of individual
company codes but also of the group of companies under the said controlling
area. Now you might face the problem of the currency to be adopted for the
corporate group for consolidated accounting since each company code uses a
local currency which is different from that of its co-participant company
code. Therefore, a group currency over and above the local currencies for
consolidated reporting can be used .
This is the basic functionality that I have heard about. Anyways, I would
also love to learn more about it just as you want to.
Regards
VidhyaDhar
| | | ---------------Original Message---------------
From: tonymontana
Sent: Friday, October 15, 2010 2:38 PM
Subject: How to maintain group currency if assign controlling area same as company code
Hi Sapians,
Some one please help me clear the concept "controlling area same as company code" and "cross company code cost controlling"
I am dealing with three company codes with three different Currencies ,if i understood correct, by selecting"company code same as controlling" reporting based on company code currency wise,,... what if i want to view this as Group currency wise along with the company code currency wise, is it possible?
Another scenario what if i select "cross company code cost controlling" meaning i am assigning one controlling area to more than one company code, by defining group currency, what i am not sure about " Do i have to create group controlling area for group currency valuation.?
I will appreciate if someone walk me through and help me to clear the concept..
Thanks and regards
Tony |
| __.____._ Copyright © 2010 Toolbox.com and message author.
Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
| |  VidhyaDhar
SAP Accounting Top Contributor
Contributed the most posts in a group for a month to earn a Silver Achievement Related Content Most Popular White Papers
In the Spotlight  _.____.__ |
Mark as helpful
