Understand how Financial Accounting supports real business work.
Learn how financial transactions, accounts payable, receivable, general ledger and reporting are managed in SAP. UTBROS explains where this module fits in a real organisation, the teams involved and the SAP concepts that support the work.
USED BY
finance and accounting teams
PROCESS FOCUS
general ledger, payable, receivable, asset and closing activities
LEARNING OUTCOME
understand how an operational transaction creates a financial record
What this course covers
- Organizational Structure: Company, Company Code, Business Area
- General Ledger (G/L) Master Data
- Chart of Accounts and Account Groups
- Fiscal Year Variant and Posting Period Variant
- Document Types, Number Ranges and Posting Keys
- G/L Posting and Document Display
- Vendor and Customer Reconciliation Accounts
- Accounts Payable: Invoice and Payment Basics
- Accounts Receivable: Invoice and Incoming Payment Basics
- Bank Accounting and Cash Journal
- Asset Accounting: Asset Master and Acquisition
- Tax Codes and Basic Tax Posting
- Recurring Entries and Parked Documents
- Foreign Currency Basics and Valuation Overview
- Financial Statement Version and Standard Reports
- New G/L Concepts and Ledger Configuration
- Parallel Accounting and Accounting Principles
- Automatic Payment Program Configuration and Exceptions
- Electronic Bank Statement Configuration and Reprocessing
- Advanced Asset Accounting: Depreciation Areas and Runs
- Automatic Account Determination and Integration Controls
- Intercompany Accounting and Cross-Company Postings
- Accruals, Deferrals and Closing Cockpit Activities
- Foreign Currency Valuation and Realized/Unrealized Differences
- Period-End and Year-End Closing: Reconciliation and Troubleshooting