329646710-Venessa-Shilpa-FI Copy 2
329646710-Venessa-Shilpa-FI Copy 2
329646710-Venessa-Shilpa-FI Copy 2
1. Business transaction
2. Journal- Business transaction is recorded
3. General ledger and post entries
4. Trial balance Balance of G/L
5. Profit &Loss account
6. Balance sheet
Nominal- DR- All the expenses and losses / CR- All gains and income
To Cash account
To Bank 15000
Rent DR 12000
To Cash 12000
7. Goods sold for 6000 to Ram and received money via cash
8. Good purchased for 9000 from Shyam and paid via bank
Goods DR 9000
To Goods-CR 9000
Goods DR 7000
To Shyam 7000
Cash DR 6000
Cash DR 3000
To Ram account 3000
To MR. X
Assets
Liabilities
Income
Expenses
Cash DR
MR. Y DR
Sales of furniture
Cash a/c DR
To Furniture
SAP
SAP- ERP
MM
PP
SD
FI
HR
MM+PP= MRP1-
MM+PP+SD= MRP2
MM+PP+SD+FI= SAP
MM+PP+SD+FI+HR= SAP
Functional- MM PP SD FI HR
FI
General Ledger
Accounts receivable
Accounts Payable
Bank
Asset accounting
CO- Controlling
ABC
P1- 10
P2-20
P3-30
36000 USD
To Bank account
P2- 12000
P3- 18000
Cost center
Profit center
Internal orders
Product costing
CO-PA
Reports-
New G/L-
Enterprise Structure
Organizational Units
TATA Company-
Business Area
Delhi
Mumbai
Bangalore
Chennai
DEV
Sandbox-110
DEV TEST-120
QA
UAT/TEST-900
PRD
PRD Client-900
CCA1-100000- TCS- TM
CCA2-200000-TS
Definition
1. Define Company
2. Define company code
3. Define Business area
4. Define consolidated BA
5. Define Credit control area
Assignment