Business Processes in Financial Accounting

- Application Consultant

- Developer

- Program / Project Manager

- User

• This course gives participants an overview of the different processes in the financial accounting components of SAP ERP and shows the connections between the individual processes (new general ledger/ new G/L).

Overview of Financial Accounting (FI) in SAP ERP

• Outlining Financial Accounting (FI) Components in SAP ERP

General Ledger (G/L) Accounting

• Outlining Organizational Elements in Financial Accounting (FI)
• Maintaining G/L Master Records
• Posting Transactions in the G/L

Accounts Payable

• Maintaining Vendor Master Records
• Maintaining Accounts Payable Transactions
• Managing the Integration between Accounts Payable and Materials Man
• Performing Accounts Payable Closing Operations

Accounts Receivable

• Maintaining Customer Master Records
• Managing Accounts Receivable Transactions
• Managing Customer Correspondence
• Creating Accounts Receivable Dispute Cases
• Managing the Integration between Accounts Receivable and Sales Orde
• Performing Accounts Receivable Closing Operations

Asset Accounting

• Maintaining Asset Master Records
• Executing Asset Transactions
• Executing Asset Accounting Period-End Closing Activities

Bank Accounting

• Maintaining Bank Accounting Master Records
• Managing Bank Accounting Transactions

Closing Operations in General Ledger Accounting

• Performing General Ledger (G/L) Closing Operations

• Accounting Knowledge
• SAP01 (SAP Overview)
• SAPFIN (Overview of SAP ERP Financials)

The course content is limited to the most important functions in the Financial Accounting integrated environment. You can learn about technical system configuration (Customizing) and get answers to more detailed questions on individual applications in the advanced courses.

This course is suitable for people with little or no SAP experience. However, a background of accounting knowledge is recommended. This course features a high level of individual participation.

AC010 demonstrates business processes on the basis of the new general ledger (new G/L).