Course Goals:

• Configure and use organizational units, master data and documents for Financial Accounting
• Configure and use the SAP business processes (such as payment, dunning, and individual closing)
• Apply selected evaluation methods
• Implement various business processes and periodic tasks in Asset Accounting, manage master data and configure Asset Accounting
• Describe and implement the logic of the new general ledger
• Apply substitutions and validations to financial accounting
• Utilize your knowledge directly as a junior consultant in your first period of practice

Target Audience:

• Solution consultants responsible for implementing Financial Accounting with SAP ERP Financials

Prerequisites (Essential):

• Business knowledge of the Financial Accounting component (Financials)

Course Content:

• Organizational units, master data and documents for Financial Accounting: company code, fiscal year, currencies, general ledger accounts, document control, postings, clearing open items, cash journal
• Special G/L transactions and document parking
• Handling of payments, dunning, interest calculation, correspondence and closing operations in Financial Accounting:
  - Automatic payment program with clearing of open items
  - Automatic dunning program for creating dunning notices, interest calculation and correspondence
  - Overview of month and year-end accounting processes in Financial Accounting
  - Balance sheet and P&L
  - Preparatory closing postings in subledgers and the general ledger
  - Technical organizational and documentary steps in individual closing
  - Configuration of periodic closings in Financial Accounting
• Evaluation methods in Financial Accounting (Infosystem and ABAP reports of general ledger accounting, accounts receivable accounting, and accounts payable accounting, report variants, selection variables in variants, List Viewer, sample evaluations using the drilldown reporting tool)
• Organizational structures, master data, and business processes in Asset Accounting
• Chart of depreciation, depreciation area, asset classes, master data , asset transactions, valuation, periodic processing, information system
• Validations and substitutions in Financial Accounting
• The new general ledger: The concept of the new general ledger, system configuration, documents and document splitting, integration with the FI subledgers and the CO, reporting (using the new FI drilldown reporting