Topic 56: Posting to Finance Accounting

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General Name

General description of the object.
Use

The cost element name is used for online displays and evaluations without enough space for the cost element description.
When you create a primary cost element, the R/3 System uses the corresponding general ledger account name as the default for the cost element name.
Notes

Field Changes
This field can be changed at any time.


Time Dependency
Changes to this field apply to all periods, including past periods. If you change the content, the old content is overwritten. The new content then applies to both current and past periods.



Cost element category


Number identifying a cost element category, used only in the Controlling (CO) component.
Use

The cost element category determines which cost elements can be used for which business transactions. The R/3 System distinguishes between:

• Primary cost element categories

• Secondary cost element categories

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Now we need to assign GL accounts to symbolic accounts.

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Account Assignment

In this section, you assign accounts in Accounting to symbolic accounts in Human Resources. According to this assignment, during posting to Accounting, the accounts in Financial Accounting are assigned to line items for which symbolic accounting has been performed.


With the exception of the technical accounts, the activities for the various account types contain an identical step, that is, you must define the rules for the corresponding posting transaction. Note the following information for carrying out this step:

• The Debit/Credit indicator must only be set if you want to post debits and credits to different accounts. It is not advisable to set this indicator, since in posting to Accounting, only summarized documents are posted.

• If you set the EE group indicator, a further column EE group appears in account assignment. You must only set this indicator if you want to post to any symbolic account for a specific employee grouping. You make the relevant settings for posting to symbolic accounts in the step Define Symbolic Accounts.

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Assign according the type like Expense, Financial accounts..