Change Posting Entry
Application component: Legal Consolidation
App type: SAP GUI
Description:  There are some consolidation tasks, for example, interunit eliminations and consolidation of investments, leading to automatic postings in the system. In some cases, you may want to supplement automatic postings with manual postings for financial statement (FS) imbalances, deferred income tax, or consolidation unit balance adjustments, for example.   Note For documents, which are posted manually or automatically on posting level 20 in 2 different consolidation units, the net income effect is recorded in the consolidation unit of the first entry and the corresponding profit center/segment fields, if these fields are enabled for hierarchical eliminations.  For information about the document types for manual posting, see the document types listed in Manual Journal Entry part of Document Types and Posting Levels topic. 
Key features:   Integration with Monitor When performing the following manual posting tasks in Data Monitor or Consolidation Monitor in an update run, you are brought to this app:  Data collection  Manual posting (posting level 10) Manual eliminations (posting level 20, 30) Enter group shares (posting level 30)  When executing the tasks from monitors or directly within this app, system checks task status in monitors, for example if the required preceding tasks are complete or if the manual posting task is blocked or not. After task execution, the task status is updated in monitors.  Create Journal Entries Based on the version, fiscal year, posting period, and document type you selected, you can specify the relevant consolidation group, consolidation unit or consolidation unit pair, and the journal entry line items and enter the relevant amounts in local currency or group currency.  Note Default values for the ledger, consolidation chart of accounts, and version are based on the settings in the Set Global Parameters app.After choosing a document type, press Enter key to display the respective consolidation unit or group fields as follows:  Display Consolidation Unit field when a document type of posting level 10 is selected.  Display Consolidation Unit 1 and Consolidation Unit 2 fields when a document type of posting level 20 is selected. Display Consolidation Group field when a document type of posting level 30 is selected.   After entering an FS item, press Enter key to refresh the relevant table fields with the available attribute values for this FS item, for example, for a certain FS item, a subitem category may be filled in automatically and only the allowed subitem values are available in the Subitem drop-down list. This is based on the breakdown category you set for the FS item in the Define Financial Statement Items app.  The Check feature helps to verify the correctness of the created journal entries before posting. You can use the Balance button to automatically calculate and fill in the amount for your selected line item so that all line items balance out to zero. You can attach documents by uploading files or including a URL. Note Attachments of group journal entries aren’t designed to process any personal data. Note After you specify line item details and choose the Post button, automatic lines can be generated to make sure the balance sheet and P&L statement affected are balanced or deferred taxes are correctly posted. The automatic posting items are configured in Customizing under SAP S/4HANA for Group Reporting  Specify Selected FS Items for Automatic Posting.  You can also use an existing journal entry or line item as a template to create new ones by selecting the reference one and choosing Copy. The following UI screenshot shows the process described above:    Post Deferred Tax To post deferred tax for a consolidation unit, you must   Define its tax rate in the Methods tab in the Consolidation Unit - Create & Change app.  Use a document type that has a Deferred Income Taxes attribute enabled. For more information, see Document Types and Posting Levels.  Assign the FS item roles for net income (ANI) and deferred tax to the corresponding FS items. For more information, see Selected FS Items Post a document that effects the net income. For more information, see Financial Statement Items.  If the document contains a profit impact, the automatic postings have indicator 1 (retained earnings) and the profit is split in deferred tax with indicator 2 (deferred taxation) and remaining profit with indicator 1. Example If you post a document without deferred tax, because you, for example, haven’t entered a tax rate, the journal entry would look something like this:   Line Item FS item Amount  Automatic indicator    000001 FS item in Balance Sheet (B/S) 1,000     000002 FS item in P&L -1,000     000003 ANI B/S -1,000 1   000004 Profit P&L 1,000 1  If you maintain a tax rate of 40% for the consolidation unit and post a document with deferred tax, the journal entry would look something like this:  Line Item FS item Amount  Automatic indicator    000001 FS item in B/S 1,000     000002 FS item in P&L -1,000     000003 ANI B/S (317000)  - 600 1   000004 Profit P&L (799000)  600 1   000005 Deferred tax (B/S) (282100)  -400 2   000006 Deferred tax (P&L) (722000) 400 2    Reverse Journal Entries You can reverse individual journal entries by selecting the journal entry to be reversed and choosing Reverse. The system reverses the journal entry and updates the records in the database. You can also reverse multiple journal entries (also called documents) in the Mass Reversal app. While doing so, you select and reverse manually posted documents by various criteria, for example, by organizational unit, version, time, task, or subassignment.  Save or Delete Journal Entries You can also save created journal entries as drafts and make postings later. Before the posting takes place, these draft journal entries can be deleted. 
Consolidation Specialist : 
Is responsible for the Consolidation setting, processing for the FI or other business data from subsidiaries. Generates the legal & management consolidated reports.

External Auditor - Group Reporting : 
Ensures adherence of group data to legal accounting standard and process governance standards.

Group Accountant : 
Executes and monitors group processing tasks, such as data adjustment, and inter-company elimination.

General Ledger Accountant - Group Reporting : 
Ensures adherence of local data to group quality standards.