Overview
The Record-to-Report process domain describes the collection of processes a company has implemented between recording financial transactions and the publication -internal and external- of financial reports. This typically includes: Source: Record-to-Report
E2E Business Scenarios
Cluster: Financial planning and budgeting
E2E Business Scenario | Overview |
|---|---|
| R2R Financial planning and budgeting | The "Financial planning and budgeting" scenario describes the processes chain of financial planning aimed at creating standard financial plans: profit and loss statement, balance sheet, cash flow and CapEx. Other company-specific management forms of financial plans can also be applied in the scenario. Budget data is filled manually or populated with sales and operations planning data with subsequent adjustments and shifts in time. |
Cluster: Financial transactions
E2E Business Scenario | Overview |
|---|---|
| R2R Customer invoice offset | The scenario refers to the standard processes of offsetting customer invoices against related prepayments. The scenario includes processes for identifying two-side customer accounts, analyzing prepayments to be offset, and offsetting debt amounts. |
| R2R Vendor invoice offset (Based on purchase order) | The scenario refers to the standard processes of offsetting vendor invoices (related to purchasing of materials, goods, services) with corresponding prepayments. In this scenario, the vendor invoice is created based on the purchase order. The scenario includes processes for identifying two-side vendor's accounts, analyzing payments to be offset, offsetting debt amounts and, finally, processing payments. |
| R2R Vendor invoice offset (Without purchase order) | The scenario refers to the standard processes of offsetting vendor invoices (related to purchasing of materials, goods, services) with corresponding prepayments. In this scenario, the vendor invoice is created manually, without reference to a purchase order. The scenario includes processes for identifying two-side vendor's accounts, analyzing payments to be offset, and offsetting debt amounts. |
The scenario refers to the process of offsetting intercompany invoices against related intercompany prepayments. The scenario includes processes for identifying two-side accounts receivable/payable, analyzing prepayments to be offset, and offsetting debt amounts. |
Cluster: Cost controlling
E2E Business Scenario | Overview |
|---|---|
| R2R Product costing and cost controlling | The scenario refers to the standard processes of offsetting customer invoices against related prepayments. The scenario includes processes for identifying two-side customer accounts, analyzing prepayments to be offset, and offsetting debt amounts. |
Cluster: Period end closing
E2E Business Scenario | Overview |
|---|---|
The "Period end closing" scenario describes the process chain of sequential closing procedures for all sections of the company operational management for the last reporting period (monthly, quarterly and annually). As a result of closing the period, all business transactions of the company are posted in the period of their occurrence, the rights to change transaction in the closing period is prohibited for all users, reporting is generated, analyzed and published. |
Cluster: General ledger accounting and reporting
E2E Business Scenario | Overview |
|---|---|
The "General ledger accounting and reporting" scenario describes the processes chain that includes the automatic generation of ledger postings for business transactions, checking the correctness and manual adjustment of ledger postings, creating reports of financial statements, creating explanation notes for financial statements, performing analysis and detecting any deviations. The scenario is applicable for compliance (local legislation) accounting and reporting, as well as for company-specific (management) purposes. The scenario ends with the publication of financial and management reporting. |