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Financial Reporting application setup

Financial Reporting application setup

There are several components of the Financial Reporting application that you must set up before you can use the showback feature for a business service.

What do I do next

As a first step you must define a business service because based on the service that you offer and the utilization of the service, the showback statement is generated for a fiscal period, as a report, for the business unit that utilized the service.

To measure the business services utilized and the resources used in terms of cost, the showback statement uses statement items. Statement items capture the source from where the cost details have to be retrieved. Determine the type of the statement item which in turn determines the source from where the cost data is retrieved.