Basics of Customizing for Financial Accounting: General Ledger, Accounts Receivable, Accounts Payable

• Application Consultant
• Business Analyst

• Become familiar with the basic concepts of General Ledger Accounting, Accounts Receivable, and Accounts Payable.
• Acquire knowledge to set up business processes in the above areas.

Core Financial Accounting (FI) Configuration

• Managing Organizational Units in Financial Accounting (FI)
• Checking the Basic Settings in New General Ledger (G/L) Accounting
• Outlining the Variant Principle
• Managing Fiscal Year Variants
• Identifying the Basic Functionality of Currency Keys and Exchange Rate Types

Master Data

• Maintaining General Ledger (G/L) Accounts
• Creating Profit Centers and Segments
• Managing Customer and Vendor Accounts

Document Control

• Configuring the Header and Line Items of Financial Accounting (FI) Documents
• Managing Posting Periods
• Managing Posting Authorizations
• Creating Simple Documents in FI

Posting Control

• Analyzing Document Splitting
• Maintaining Default Values
• Configuring Change Control
• Configuring Document Reversal
• Configuring Payment Terms and Cash Discounts
• Maintaining Taxes and Tax Codes
• Posting Cross-Company Code Transactions
• Configuring Real-Time Integration

Financial Document Clearing

• Performing Open Item Clearing
• Managing Payment Differences
• Managing Exchange Rate Differences

SAP Simple Finance Add-on for SAP Business Suite powered by SAP HANA®

• Outlining the Benefits of the SAP Simple Finance Add-On

• AC010 or
• AC010E
• Basic knowledge of financial accounting