Business segment reporting

Requirement

Companies that have operations in different geographies or with different product lines must report revenues, costs, and working capital per business segment.

This country follows IFRS rules.

M3 solution

Accounting events, types, and setups can be configured to ensure that revenues and costs per customer and supplier invoice are booked to business segments using one of the seven accounting dimensions.

Outstanding customer invoices at period end that are a part of the working capital can be managed with a specific function. With this function, the debt or liability amount can be reallocated pro rata to the segmental revenue or cost on each invoice.

Configuration guidelines

Program ID	Program name	Description or comment
CRS012	Accounting Dimension. Enter Names	You can use one of the seven dimensions to ensure that revenues and costs per customer and supplier are booked to business segments. Thus, compliance with the IFRS 8 requirements for business segment reporting is ensured.
CRS395	Accounting rule. Set	Configure the setups to capture the information for segment reporting.
CRS645	Accounting Structure. Open	Accounting structures can also be used for segment reporting.
GLS690	GL Balance File Key. Open
CRS410	Voucher Number Series. Open	If the M3 book of accounts (BOA) functionality is being used, then a separate book of accounts for segment reporting can be created and attached to the FAM functions. See the settings for (CRS405).
CRS722	Settings – Customer Order Invoicing	Select the Sep voucher no check box.
CRS405	FAM Function. Open	Configure FAM functions AR99 and AP99.
APS590	AP Segment Balance. Create	Period-end segmentation of AP Control.
ARS590	AR Segment Balance. Create	Period-end segmentation of AR Control.