The Universal Journal (ACDOCA) is the heart of Accounting in SAP. It encompasses all Margin Analysis characteristics and enables multi-dimensional reporting by market segments. Now that reporting is poised to become speedier than ever, with several modules integrated into a single table and reconciled in real time.
Let’s evaluate why. As we discussed in a previous blog on Table Simplifications, a material document (MATDOC) is being introduced with S/4HANA Logistics. This central table contains all material documents and also replaces inventory tables.
Specifically, the MATDOC table in SAP S/4HANA is created from a goods movement transaction and generates a Material Document item into table MATDOC. The MATDOC update does a simultaneous update to the “Universal Journal” or ACDOCA table as part of the Universal Journal approach. The result: Universal Journal now combines financial and controlling data into a single line-item table. And ACDOCA becomes a single source of data for financial accounting (FI) and controlling (CO) data.
The aim of the simplification efforts in S/4HANA aim is to streamline data structures and improve system performance. Importantly the efforts amore unified approach to data management and reporting. Multiple ACDOCA tables have become redundant or have been replaced in S/4HANA.
MATDOCS At a Glance
What are MATDOCs? MATDOCs are central to the Material Management module in SAP S/4HANA, enabling real-time reporting and analytics, as well as updating and reporting on stock levels within the organization.
WhatMaterial movements do MATDOCs include?
MATDOCs include Material movements for goods receipt, goods issue, any other inventory-related transactions.
What kinds of detailed information doMATDOCs contain?
MATDOCs record all inventory movements and contains detailed information about the material such as the:
- material movement type,
- material number,
- valuation data,
- posting date… and so forth.
How are ADCOCs affected?
The ACDOCA table is updated in real-time as these MATDOCs are created. Each line item of the MATDOC corresponds to a line item in ACDOCA. The system populates the ACDOCA table with the relevant data from the MATDOC, including the financial and controlling information related to the material movement.
The integration of MATDOC data into the ACDOCA table offers a unified view of financial and controlling data. As a result, financial reporting and analysis is simplified since all relevant information is available in a single table. The integration also improves system performance and reduces data redundancy since the Universal Journal approach eliminates the need for separate tables for financial and controlling data.
Overall, the real-time integration of MATDOC data into ACDOCA ensures that financial and controlling information is up-to-date and readily available for reporting and decision-making purposes within SAP S/4HANA.
We’ve discussed how S/4HANA is integrating material and financial data into a single table, and how this simplification simplifies financial reporting and analysis. Meanwhile, you might be wondering why this valuable information is hidden in “old-school” tables or has to be manually extracted and reconciled. The answer is that these tables are holding actual business data and are not just “staging areas” for reporting. Although there are now multiple opportunities to extract these data and provide them at a more timely and accurate level, it will take time until all stakeholders have adjusted to the change. Ultimately, a unified table of data will result in more streamlined business operations while providing better visibility into the health of the business. The goal is to eliminate data redundancy and create a single source of truth that enables accurate and timely reporting.