SAP-based financial accounting

Requirements for financial accounting with SAP

• Business management basics and presentation in SAP, an overview.
• From the T-account to the balance sheet evaluation, the posting document before and in financial accounting.
• Legal and management requirements, the definition of necessary objects.
• Just one posting record, but which technology, which release? Brief outline of the possibilities of SAP financial accounting from R/3 to S4/HANA.
• Designing with the FIORI Launchpad, an alternative to the classic menu structure?

Organizational structure in financial accounting

• Versatile chart of accounts, ledger technology for mapping parallel accounting.
• Structures of G/L and subledger accounts, account groups and field status.
• The business partner, the new environment for debtors and creditors.
• The principle of subledgers and modules, from asset accounting to purchasing and sales.
• Integrative controlling objects: Cost center, order, profit center, segments and investment projects.
• The accounting income statement for even more detail.

Booking transactions

• Different entries in financial accounting, G/L account documents, invoices and payment processes.
• Special G/L transactions for mapping down payments.
• The document split for more cause-oriented profit center evaluations.
• Integrating Purchase Orders and Sales Orders. The Purchasing and Sales Modules in SAP.
• Capital project or contract with planned and budgeted values; capitalization of expenses to the asset.

Theses and reporting at a glance

• Foreign currency valuation, reclassification and screening at a glance.
• The provisions schedule from SAP and the requirements for presentation.
• Cash flow analysis with a daily financial and liquidity forecast to provide a financial overview.
• closing processes, VAT, valuation options and accruals and deferrals.
• Classic evaluations and QuickView, but also analytical apps and displays with the Query Desinger in the S/4HANA Launchpad.

IMPORTANT NOTE: This training NOT suitable for SAP Business One users!