In ‘Managerial closing’ you will:
- Do a preliminary Controlling period closing
- Settle/re-allocate costs across Controlling organization
- Draw and review internal reports
- Re-open the Controlling period
- Correct and adjust the accounting data, if required
- Reconcile FI and CO by running the FICO Reconciliation Ledger
- Run re-adjustment programs to ensure that the Business Areas and the Profit Centers are balanced
- Draw reports and analyze