• Features & Functions of SAP Financial Accounting (SAP FI )
  
• Features & Functions of SAP Controlling (SAP CO)
  • CCA - Cost Center Accounting

Features & Functions of SAP Financial Accounting (SAP FI )

SAP Financial accounting (FI) delivers tools and reports that enable you to manage all financial processes. For example: Chart of accounts which allows you to define all accounts and their hierarchical relationships. Journal entries allow you to enter or find manual journal entries and automatically allocate each transaction to a project or profit center. The Recurrent journal transaction creates its own set of recurrent transactions including automatic frequency reminders. A transaction template enables you to save time and prevent mistakes when entering manual journal entries. Report like profit and loss report which displays income and expenses in the conventional way used by accountants, trial balance report which displays account balances and transactions, enabling you to view all financial reports in any desired currency and in each detailing level. To adjust foreign currency accounts to the changes in your local currency is done by Exchange rate differences. The Balance sheet gives assets and liabilities in the conventional way used by accountants. Other reports like comparative reports allows all reports to be displayed in a comparative view between months, quarters, years, or any other period and Financial reports designer gives you the power to create unlimited financial reporting templates Budgeting helps you define and track your budget in any currency and view a summarizing budget report, which compares the actual versus the planned figures.

Training Information:

ACESAP offers implementation team training in all major SAP application areas. We strive to help develop the SAP skills and knowledge needed to compete in the current employment market and adapt to future changes. Whether you have a large group to train at one location, or smaller numbers of staff spread throughout the country, we can customize training for your functional or technical teams in all areas of SAP and mySAP. We can offer you custom training in all sub-modules of the SAP, mySAP, and NetWeaver product line.

Program: SAP Financial Accounting (SAP FI)

Course Outline
Step-1
		Organizational Structure
		Reaching The IMG (Implementation Guide)
		Define a Company
		Define a Company Code
		Assign Company Code to Company
Step-2
		Global Account Settings
		Chart of Account
		Allocate Company Code to Chart Of Accounts
		Setup Account Groups and their Number Ranges
		Assign Fiscal Year Variant
		Assign Posting Period Variant to Company Code
		Document Number Ranges for company code
		Assign Field Status variant to Company Code
		Define Tolerances for Employees
Step-3
		General Ledger
		General Ledger Accounts
		Create General Ledger Accounts
		Reconciliation Accounts
		Retained Earnings Account
		Expense and Revenue G/L Accounts
		General Ledger Postings
		Display Balances of G/L Accounts
		Display Line Items
		Reverse Entries
		Park documents in General Ledger
		Post a Parked Document
		Recurring Entries
		Account Assignment Model
Step 4
		Setup Business Partners
		Customers & Vendors
		Set Tolerance for Customers and Vendors
		Customer Account Groups
		Create Number ranges for customer accounts
		Allocate Number Ranges to Customer Groups
		Customer Master Record
		Create Vendor Groups
		Create Number Ranges for vendor Accounts
		Allocate Number ranges to vendor account groups
		Create Vendor Master
		Post a Customer Invoice
		Clear Open Items by Incoming Payments
		Post Partial Payment against an invoice
		Residual Payment
		Create Under / Over Payment Account
		Assign Under / Over Payment Account to Process Key ZDI
		Cash Discount Granted Account at General Ledger level
		Assign Cash Discount Granted Account to process Key SKT
		Cash Discount Taken Account Process Key SKE
		Payment Within Tolerance (incoming)
		Payment within Tolerance (outgoing)
		Payment within Tolerance with 3% discount
		Configure Automatic Payment Program
Step 5
		Reporting
		The reporting tool "Financial Statement Version"
		Simple Financial Statement
		Balance Sheet
		Profit and Loss Statement

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Features & Functions of SAP Controlling (SAP CO)

Controlling module represents the company's flow of cost and revenue. It is a management instrument for organizational decisions. It too is automatically updated as events occur. The R/3 CO control module is especially suitable for the cost element, cost center, order and result accounting of clinics. CO allows straightforward integration into R/3 FI, MM or FI AA and enables direct booking of figures from the different sectors. It also offers a wide range of charging techniques for accounting both actual and planned figures. Controlling components includes Overhead Cost Controlling, Cost Center Accounting, Overhead Orders, Activity-based Costing, Product Cost Controlling, Cost Object Controlling, and Profitability Analysis.

Controlling - Cost Center Accounting

Want to learn more about our training program contact us at 972-713-1710 or
email: info@acesap.com 

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