SAP FERC Offset Accounts: Four Reasons for Differences

When utilities on SAP implement the SAP FERC module correctly, their FERC offset account balances for the FERC post program should be zero. Utilities that see differences in their FERC offset accounts may have such a problem for one or more reasons:

1. FERC offset accounts on the Income Statement and Balance Sheet do not have the same account number, as they must in order to achieve a zero dollar balance. When set up correctly, the Balance Sheet and Income Statement for FERC and GAAP will be equal.
2. Some FERC processes, such as the direct or trace posts, may not be completing properly.
3. Users may be posting directly to FERC accounts, instead of to GAAP (natural) accounts, which disrupts the derivation model. Posting directly to the FERC accounts will give you an incomplete result in your drill down.
4. Cross-company postings can cause differences if configured and mapped incorrectly; look carefully at non-FERC-relevant companies for possible root causes.

HPC America has 20+ years of experience configuring the FERC module the right way, and can identify the source of and eliminate FERC offset account differences very easily. Contact us to learn more.