Business segment reporting - IFRS8
Requirement
Companies that have operations in different geographies or with different product lines must report revenues, costs and working capital per business segment.
M3 solution
Accounting events, types and setups that can be configured to ensure that revenues and costs for each customer and supplier invoice are booked to a segment code stored in one of the seven accounting dimensions.
Configuration guidelines
| Program ID | Program name | Description or comment |
|---|---|---|
| CRS395 | Accounting rule. Set | Accounting structures can also be used for segment reporting |
| CRS645 | Accounting Structure. Open | |
| GLS690 | GL Balance File Key. Open | |
| APS590 | AP Segment Balance. Create | Period-end segmentation of AP control |
| ARS590 | AR Segment Balance. Create | Period-end segmentation of AR control |