3 Replies Latest reply: Feb 18, 2009 11:17 AM by Manish Kumar RSS

What is Record to Report?

shruthi a
Currently Being Moderated

Hi SAP Gurus,

I want to know the details of SAP Record-to-Report and if this has any configuration steps could help me.

Help me ASAP.coz it is important  for me.

 

I hope the same from all of u.

 

Regards

Shruthi

  • Re: What is Record to Report?
    Umesh C
    Currently Being Moderated

    I suppose record to report in related to FI-GL...

  • Re: What is Record to Report?
    Umesh C
    Currently Being Moderated

    It mainly consists of:

     

    Invoicing 

    Maintain Chart of Accounts 

    Maintain Controlling

      Special Purpose Ledger 

    Supplier Master Data 

    Bank Transactions 

    Reporting 

    Foreign Currency Processing 

    General Ledger Posting 

      Management Reporting 

    Month End Entries

    Closing

     

     

    txk

    Umesh

     

    Edited by: Umesh C on Feb 18, 2009 10:52 AM

     

    Edited by: Umesh C on Feb 18, 2009 10:54 AM

  • Re: What is Record to Report?
    Manish Kumar
    Currently Being Moderated

    Hello Shruthi,

     

    Record to Report is nothing but the process centric name for the end to end financial process cycle. It refers to the recording of a financial tarnsaction in the book of accounts and carrying it to its logical end by reporting to the appropriate authorities(external).

     

    Rightly said by Umesh, in SAP terms you can take this as General Ledger module which is the application area covering the end to end financial processes.

     

    The processes involved in this are.

     

    General Accounting 

     

    Manual Journal Entries

    Automated Journal Entries

    Accruals/Reversals

    Bank Statement Processing

    Bank Account Reconciliations

    Payroll Posting & Reconciliation

    Inter-company Postings

     

    Asset Accounting

    Accounts for Loans/ Investments

    Capital Project Setup

    Invoice Recording

    Expense Adjustments

    Capitalization

    Fixed Assets Retirals /Disposals

    Depreciation

     

    Cost Accounting

    Financial Planning & Analysis

     

    ABC Implementation

    ABC Model Validation

    ABC Model Population & Maintenance

    PCA Reporting

    PCA Reconciliation

    Management Reporting

    Budgeting & Forecasting

    Taxation

    Internal Audit

    Treasury

    Business Unit Support

    Decision Support & Analysis

     

    Closing

       

     

    Daily Interface Monitoring & Recon

    Month-end Sub Ledger Close

    Month-end Foreign Exchange Revaluation

    Month-end General Ledger Close

    Balance Sheet Accounts Reconciliation

    Inter-company Reconciliations

    Allocations

    Consolidation

    Population of Reporting Database

    Audit Support

     

    Hope this helps you.

     

    Rgds

    manish

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