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    Unit 8: Financial Accounting (FI)

    Uploaded by

    Amiya Arnav
    ERP

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd

    Unit 8: Financial Accounting (FI)

    Uploaded by

    Amiya Arnav
    57 views13 pages
    ERP

    Original Title

    8_FI_Rules_2

    Copyright

    © © All Rights Reserved

    Available Formats

    PPT, PDF, TXT or read online from Scribd

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    ERP

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    57 views13 pages

    Unit 8: Financial Accounting (FI)

    Uploaded by

    Amiya Arnav
    ERP

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 13

    Unit 8

    Financial Accounting (FI)


    - Rules -

    Business Process Integration

    Rules

    FI

    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Rules
    Defines the parameters for Master
    Data and Transactions
    Determines functionality for Master
    Data and Transactions
    Relatively fixed
    Changes as policy changes

    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Financial Accounting (FI)

    SD
    MM
    SM

    Sales and
    Distribution

    Materials
    PPMgmt.
    Production
    Planning

    Service
    Mgmt.

    QM
    Quality
    Mgmt.

    PM

    Financial
    Accounting

    CO

    R/3

    Controlling

    AM

    Client / Server
    Integrated Business
    Solution
    WF

    Plant Maintenance

    HR

    Human
    Resources

    January 2008

    FI

    IS

    Fixed Assets
    Mgmt. EC

    PS

    Enterprise
    Controlling

    Project
    System

    Workflow

    Industry
    Solutions

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Unit 8 Overview
    Posting Periods
    Tolerance Groups for Account
    Postings
    Accounts Payable Settlement
    Document Numbers

    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Posting Periods
    Before it is possible to post documents, it
    is necessary to define posting periods
    Fiscal years are divided into one or more
    posting periods
    Each posting period is delimited by both
    a start and finish date
    A common division of a fiscal year
    involves defining 16 posting periods -- 12
    months and 4 quarter ending posting
    periods
    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Tolerances Groups for


    Account Postings
    Internal control amount limits that
    serve to define the maximum
    authorization levels for your employees
    Must be at least one entry for every
    company code
    Can be defined for an employee group with
    employees being assigned to a given group
    to effect the control
    Can be undefined at the group level
    meaning that the control is effective for
    everyone who is not a member of a group
    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Tolerances Groups for


    Account Postings (continued)
    Internal control amount limits that
    serve to define the maximum
    authorization levels for your employees
    with respect to:
    A single transaction
    A customer or vendor account line item
    Discount percentage granted to a line item
    Payment differences that can be accepted in
    settlement of an account (e.g., accounts
    payable)
    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Accounts Payable
    Settlement
    Purchase
    Order
    Payment
    Program
    Debit Credit

    Invoice
    Receipt

    Verification

    Goods
    Receipt

    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    Accounts Payable Settlement


    (continued)
    Select payment method and bank
    Select items for payment
    Calculate the payment amount,
    taking account of cash discount
    periods
    Post the payment document
    Print payment medium
    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    10

    Document Numbers
    All posted transactions must have a
    unique number assigned to it
    Usually these numbers are system
    generated
    The numbers serve to specifically identify
    the business content of a transaction so
    that it may be recalled at a later time
    The actual system stored document
    number includes information respecting
    the year, date, and company codes
    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    11

    Document Numbers
    (continued)
    Before any documents can be posted
    to a company or company code,
    there must be a number range
    assigned to the document type
    New transaction document number
    ranges must be created at the start
    of each new fiscal year

    January 2008

    SAP AG - University Alliances


    and The Rushmore Group, LLC
    2008. All rights reserved.

    12

    Unit 8 Exercises
    71. Define Posting Periods Variant
    72. Open and Close Posting Periods
    73. Assign Posting Periods Variant to Company
    Code
    74. Create Tolerance Groups for Account
    Postings
    75. Setup Payment Program
    76. Create Tolerance Groups for Accounts
    Receivable and Accounts Payable
    77. Create Financial Accounting (FI) Document
    Numbers

    January 2008

    SAP AG - University Alliances and The Rushmore Group, LLC


    2008. All rights reserved.

    13

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