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Configuring SAP® ERP Financial and Controlling by John Burger, Peter Jones

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Development of Organizational Hierarchies

Organizational hierarchy is the first thing you need to configure in the Closing Cockpit. This feature allows you to organize the closing process according to organizational structures. This means that special features of the individual independent accounting units can be taken into account during closing, for example, at the company code level. This enables you to avoid applying identical process steps to all company codes. During the process of setting up the organizational hierarchy, you will see that you can assign the Extreme Sports controlling area and company code–specific information directly to the organizational hierarchy. The development of the organizational hierarchy is completed in the Closing ...

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