General Ledger Allocation Cycle (1GI)

General Ledger Allocation Cycle (1GI)

Prior to the allocation process at period end of profit centers or segments that cannot be allocated, shared costs are accumulated during the period on those profit centers or segments. These costs must be allocated on predetermined criteria to allocable segments, or the reposting of the profit center for adjustment. You distribute the costs from profit centers (assigned to segments that cannot be allocated) to profit center assigned to allocable segment under original general ledger accounts. The distribution cycles must be configured.

Key Process Steps Covered

  • Change Actual Distribution Cycle G/L
  • Create Actual Distribution Cycle G/L
  • Delete Actual Distribution Cycle G/L
  • Display Actual Distribution Cycle G/L
  • Execute Actual Distribution G/L
  • Overview Actual Distribution G/L

Benefits

  • Perform distribution during the period-end closing

Where is General Ledger Allocation Cycle(1GI) being used?

This Scope item is used in the following way:

  • As a support function of Accounting and Financial Close within Finance Scope Item Group

Process flow of General Ledger Allocation Cycle (1GI)

Find below the process flow of the scope item General Ledger Allocation Cycle as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario General Ledger Allocation Cycle (1GI) - S/4HANA Cloud
Ref: Finance of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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