SAP BPC Nw 7.5 - Journal in Consolidated BS and P&L
Journal entries play an important part in a Business’s consolidation process. They are utilized to manage reporting inconsistencies arising out of currency conversion on inter- company transactions, to carry forward balances into a new year and other consolidation operations.
The consolidation process includes the collection of data from the underlying
Systems which will usually include ECC. (ERP Central Component). After the data is collected, it is prepared by carrying out manual adjustments, reclassifications, and currency translations. Validation can be run at any time in the overall process. Eliminations are the last part of the process where inter unit activities as well as consolidation of investments are performed.
Using BPC administration console and BPC for Excel, business users can create, post, UN post, repost and manage journals. As a onetime effort, users need to setup a journal template using BPC administration console and perform the journal operations using the BPC for Excel interface
Following scenarios are covered by this guide:
Journal Template Creation
Journal Enter Creation
Journal Entry Posting, Un-Posting , Re-Posting
Journal Multi Entry