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SIMG_FINS_PRED_INC - Activate Predictive Accounting

SIMG_FINS_PRED_INC - Activate Predictive Accounting

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In this Customizing activity, you enable the creation of Predictive Accounting journal entries. This allows for management analyses based on accounting-specific characteristics, such as G/L accounts or posting periods.

The Predictive Accounting journal entries are based on simulated customer invoices for predefined sales scenarios.

For each controlling area, you can specify the fiscal year from which the Predictive Accounting functionality will be active.

For each standard ledger, the system records the Predictive Accounting journal entries in a given Prediction and Commitments extension ledger.

Before using the Predictive Accounting functionality, you have to specify the Prediction and Commitments extension ledger in the Customizing activity Define Settings for Ledgers and Currency Types.






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