Digital Finance : PCGL MODEL

[Audio] Hello Everyone – In this module we will all learn about the Profit Center General Ledger model in short PCGL model. This model aims in setting forth a clear and concise relationship between the Finance Data systems ( FDS) and ERPs which will in turn provide easy understanding of the key account elements in FDS & ERPs and make insights more meaningful. Let us get into the overview of the model to know about its features & functionalities..

[Audio] In this Overview section you will get to know about the PCGL model and its structure & features. The Digital Finance - PCGL Model ( Profit Center General Ledger) depicts the hierarchical relationship between Finance Data Systems ( FDS) and ERP source systems. Information in this model aims to provide the slice and dice of all the relevant details for Account, Entity & Organization levels. PCGL model is designed to provide information at the Chart of Account ( COA) drill downs which makes it easier for the user to derive the relationship between the various accounts in both FDS and the ERP systems. (click).

[Audio] Let us now get familiar with structure and key descriptions widely used in the PCGL model. The 1st tab (click) of the model is the Management Chart of Accounts tab A user can apply desired filters (click) on the top section to get the slice and dice of the data. Note : The grey area of the model is the data from ERP (click) and the white area shows the details from EDW(click) which is shown in the legend below. (click).

[Audio] Let us now get conversant with the descriptions of each filter in the model: Source System( click) : Consist of the list of all data sources such as BRP 900, ORG IGS, CIP300, CIP900 & PRD010.

[Audio] 2. Account : List of all the Accounts such as Revenue, Net sales, Deductions so on….

[Audio] 3. GL Account : Allows the user to select any GL account 4. SBG/ SBU/ GBE : Allows to view the details by respective SBG/SBU/GBE.

[Audio] 5. Entity Code : Allows the list of Entities to select 6. Month/Year : Choose the desired month or year The COA tab provides an overall summary by Account Code, Account Name, Source and GL level details (click).

[Audio] Now let's look into the 2nd Tab (click) of the Model which is the ' Entity' view. Filter options in this tab are same , The only addition here is the " Source Entity" filter.(click) The source entity filter allows the user to view the details by any specific or all entity codes. The Entity tab provides a summary by Entity Code, Source, Source Entity and Source Org( click).

[Audio] The last tab in this model is the ' Organization' tab (click) Filter options in this tab are same , The only additions in this view are the ' Org Code'(click) and the ' Source Org' (click) filters The Org code list's the various Organization codes while the Source Org lays down the Source Organization codes The source entity filter allows the user to view the details by any specific or all entity codes..

[Audio] Now that we had understood the structure and layout of the PCGL model - The next section we will see an illustration of an example in order to get the better understanding of the relationship between FDS and ERP systems..

[Audio] This example is for BRP900 source system (click) and the account is Revenue(click) for HBT(click) for the month of Jan 2022.(click).

[Audio] If you look at the data in the model, You can see the details by Account Code 400000, Account name for Revenue, Source for BRP900 from EDW (click) with the corresponding GL account/ Names from ERP (click).

[Audio] The Total Revenue for HBT in Jan 2022 is $ 381,606k ( click) which matches in comparison with the FDS extract (click). This can be applied for Entity and Org views as well..

[Audio] To conclude the PCGL model at the outset is a concise model by which a user can easily derive a relationship between the accounts in FDS and the respective ERPs. For more information on PCGL model write to : You can also visit the Honeywell Digital Workplace to find this video in the Digital Finance resources section. ( links to be added).

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