Create MAC Voucher – A summary of the activity

While assigning costs to cost centers, there might be situations when it has to be assigned to the cost centers directly, without affecting the finance books. Most of the opportunity costs are entered directly. This activity allows you to create a MAC voucher, which is used to post entries to the cost center and the corresponding cost elements. Vouchers hence created can deal with detail level cost centers only. These transactions when posted, will not affect the finance book. However, the cost center – cost element balances are updated appropriately. This activity also allows you to authorize the MAC voucher during the creation process. The system updates the status of the voucher to “Authorized” on authorization.

This activity also allows you to modify the details of the voucher. You can also record your observations and attach a note. The system attaches the note to the voucher, when it is created the first time, after which modifications can be done. The system also maintains a history of these modifications.

Getting familiar with the pages inside

What you can do in this activity

Automatic voucher number generation

Posting transactions to cost elements

Automatic voucher number generation

The voucher number can be automatically generated based on the numbering type that has been assigned for the transaction type “Management Accounting Entries” in the “Numbering Class ” business component.

• Go to “Create Voucher” page.

• Enter the voucher details.

• Click the “Create” or the “Create and Authorize” pushbutton.

The system generates the voucher number.

Posting transactions to cost elements

The transactions from a voucher can be posted to all the types of cost elements mapped to a detail level cost center.

• Go to “Create Voucher” page.

• Specify detail level cost center

• Specify the cost element: mapped to the cost center. The cost element type can be  “Allocation”, “Activity” or  “Normal” .