How the SAP RRICB Optimizer improves the standard SAP RRICB Process
If you are using SAP ERP (ECC 6.0, S/4HANA, …), you already have everything in place to automate your Intercompany Accounting processes and procedures. SAP Resource-Related InterCompany Billing (SAP RRICB) is a standard SAP ERP function to generate invoices between units within a corporate group, complying with legal and internal invoice requirements. You use this function to generate invoices between units within a corporate group. You need to do this if the unit that receives an order does not deliver the service, but the product is instead delivered by another unit that is within the same organisation but in a different company code. In addition to the customer invoice, the system can generate an intercompany (IC) invoice for the supplier to bill the seller. You can also generate IC invoices if there are multiple intermediaries within the same group that need to bill each other for their participation in processing a sales order.
In addition to this standard available SAP RRICB function, we created the SAP RRICB Optimizer. This SAP Add-on enables you to get the most from SAP Resource-Related InterCompany Billing.
Features of the SAP RRICB Optimizer:
- Allocation across the entire organisation, including cost objects that are not available in the SAP standard (such as internal order settlements, cost centre assessments, manual cost allocation, etc.);
- Validation rules between the issuing and the receiving affiliate, preventing double contracts to be created between these two legal entities and verifying which services can be executed by/for which legal entities.
- Another function prevents multiple contracts being created between the same affiliates;
- Reposting of currency differences;
- EDI functionality to ensure postings in the receiving company are reflected automatically.
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- One Controlling area (all company codes assigned to)
- One SAP system
- Ledgers with Real time integration
- Charging model on cost+ allocation basis
Why you need the SAP RRICB Optimizer
The SAP RRICB Optimizer complies with both legal and your internal requirements and prevents unauthorised or incorrect SAP CO allocations thanks to the extended validation approach. Currency differences are also assigned automatically. This new, improved process makes monthly closing faster, more secure and efficient.