In accounting with SAP S/4HANA, the data from financial and management accounting is processed in a uniform data environment. This applies to both transaction data such as invoices and accounting master data such as G/L accounts.
While financial accounting tracks inventory values, expenses, and income, only operating costs and revenues are relevant for Management Accounting.
Not all expenses or income are relevant for management accounting. For example, gains from currency valuation differences are not operating gains and will not be posted with controlling account assignments.