term standardizing entry help what is
Meaning of standardizing entry (FI-LC). What is it: being consolidated, to bring this data into.

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Definition standardizing entry (FI-LC)

STANDARDIZING ENTRY (FI-LC) title: standardizing entry (FI-LC) (SAP Library - Glossary)
STANDARDIZING ENTRY (FI-LC) category: Consolidation (FI-LC)
STANDARDIZING ENTRY (FI-LC) explained:

A journal entry made to the financial data of companies being consolidated, to bring this data into line with corporate standards.

Standardizing entries can be made locally by the individual subsidiaries, but the standardizing entries required from the group point of view are not known to the subsidiary, and are therefore made only in the Consolidation system.

If the subsidiary reports its data in local currency, then the standardizing entry is also made in local currency.

The individual financial statement data and standardizing entries for the subsidiary are then translated into group currency during currency translation.

In FI-LC, standardizing entries are stored separately from the reported financial statement data in special data records. This enables you to analyze each type of data separately.

Entries that post to both the balance sheet and income statement can cause an adjustment to net income that is calculated automatically in the Consolidation system. This can lead to the allocation of deferred taxes.

More terms such as standardizing entry (FI-LC) in Dictionary S.

Manual Scanner:
Help convert texts, images or other information stored on paper or film into pixel-based raster graphics, and subsequently into bit patterns. This procedure (digitalization) is a precondition for standardizing entry (fi-lc) definition.
Manual Standard Form Print:
Help Mode of form output in which the data is automatically output on the forms defined as standard in the system. As such, the user cannot choose the forms at printout standardizing entry (fi-lc) explain.
Manual Substituted Kit Component Item:
Help Kit component item that has been substituted by another kit component item during the rules-based ATP check standardizing entry (fi-lc) what is.
Manual Specialization:
Help enables the formation of entity type subclasses. There are a number of ways to specialize an entity type. The criterion used for the specialization is defined by the specialization category standardizing entry (fi-lc) meaning.
Manual Subfeature Operation:
Help The operation FLDID is used to call a subfeature. Processing then continues in the subfeature standardizing entry (fi-lc) abbreviation.
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