Enterprise Structure & Financial Accounting Global settings

• Overview of Organizational Elements in Accounting
• Organizational Units
• Define and Assign Organizational Units for Finance: Ex: – Country, Regions, Company, Company Codes, Business Areas, Functional Areas, etc.,
• Variant Principle
• Fiscal Year and Posting Periods
• Field Status Variants
• Document types and Number Ranges
• Posting Keys
• Define Tolerance for GL Accounts and Employees
• Global Parameters

General Ledger Accounting

• Master Data Overview
• Chart of Accounts
• Types of Chart of Accounts
• Define and Assign Chart of Accounts,
• Define Account Groups and Screen Layout for GL Accounts,
• Define Retained Earnings Account,
• Creations of GL Accounts Master Records,
• Postings, Display GL Account Balances and Document.

Accounting Documents

• Parking Document
• Holding Document
• Reference Document
• Recurring Document
• Sample Document
• Account Assignment Model
• Fast Data Entry

Reversals

• Individual Reversals
• Mass Reversals
• Reversals of Reversals
• Cleared item Reversals

Bank Accounting

• Define House Banks with Bank Accounts
• Creation of check number ranges for check lot
• Define void reason codes
• Issue of a check
• Manual payment
• Cancellation of issue check with reason codes
• Check register

Accounts Payables

• Overview on Procurement Process
• Overview on Vendor Master Data
• Define Account Groups with Screen Layout
• Define Number Ranges for Vendor Accounts
• Assign Number Ranges to Vendor Account Groups
• Reconciliation Accounts
• GL Account Creation
• Creation of Vendor Master Records
• Vendor Document Types and Number Ranges
• Posting Keys
• Define Payment Terms
• Define Tolerance for Vendors/Customers
• Posting of Purchase Invoices
• Display Vendor Line Items
• Outgoing Payments
• Vendor Clearings
• Credit Memo Postings
• Special GL Transactions (Down Payments Made)
• Posting Down Payments
• Clearing of Down Payments against Invoices
• Reason Codes for under and over Payment
• Automatic Payment Program

Accounts Receivables

• Overview on Sales Process
• Complete Customer Master Data
• Define Account Groups with the Screen Layouts
• Create Number Ranges to Customer Accounts
• Assign Number Ranges to Customer Account Groups
• Reconciliation Accounts
• Create Customer Master Records
• Document Types and Number Ranges
• Posting Keys
• Payment Terms
• Posting of Sales Invoices
• Incoming Receipt with Clearings
• Display Customer Line Items
• Display GL Account Balances
• Special GL Transactions (Down Payments Received)
• Posting of Down Payments (Advance Receipt)
• Clearing of Down Payments
• Customer Credit Memo

Dunning Procedure

• Define dunning procedure
• Define dunning level
• dunning charges
• dunning text
• Dunning Procedure with Customer

Management of Account

• Open Item Management
• Types of Payments
• Standard Payment
• Partial Payment
• Residual Payment

Payment with Term

• Residual payment
• Payment terms

Advance Payment

• Define alternative reconciliation a/c
• Vendor request
• Down payment
• Down payment clearing

Cash Journal

• Set up cash journal
• Define number range intervals for cash journal document
• Create change, delete, business transaction
• Set up print parameter for cash journal
• Cash journal posting

Closing Operations

• GL Report
• AR Report
• AP Reports
• AM Reports

Integration

• Integration of MM to FI
• Integration of SD to FI
• Integration of HR to FI

Tax on Sales/ Purchase (GST)

• Check calculation procedure
• Check & change setting for tax processing
• Assign country to calculation procedure

Maintain Tax Codes

• Define tax codes for sales & purchases
• Define tax accounts
• Assign Tax Codes For Non-Taxable Transaction

Invoice Posting with Tax

 

Extending Withholding Tax (TDS)

• Check withholding tax countries
• Define withholding tax keys
• Define reasons for exemption
• Define business places
• Assign factory calendar to business place

Extending Withholding Tax (TDS)

• Define section codes
• Define withholding tax type for invoice posting
• Define withholding tax type for payment posting
• Define withholding tax codes
• Check recipient types

Tax Due Dates

• Maintain tax due dates
• Assign withholding tax types to company code
• Activate extended withholding tax
• Define accounts for withholding tax to be paid over
• Maintain number groups
• Assign number range to number group
• Maintain number ranges
• Maintain company code setting

Asset Accounting

• G/L creation of Asset Accounting
• Copy reference chart of deprecation
• Assign chart of deprecation to company code
• Specify account determination
• Create Screen Layout Rules
• Define number ranges interval
• Define Asset Classes
• Assign G/L accounts
• Assign input tax indicator for non – taxable acquisition
• Determine Depreciation area in the asset classes
• Specify rounding areas in the asset classes
• Specify rounding of net book value and (or dep.)
• Define screen layout for asset master data
• Define screen layout for asset depreciation areas
• Define base method
• Define declining balance method
• Define multi-level method
• Maintain period control methods
• Maintain depreciation key, Define or assign forms
• Create asset, asset sub number
• External acquisition – asset purchase
• Depreciation run, Asset retirement by scrapping
• Asset explorer report, Retirement with customer
• Asset sale without customer

Currencies

• Maintain Exchange Rates Maintain Table
• Define Translation Ratios for Currency
• Define Accounts for Exchange Rate Differences
• Posting with Foreign Currency
• Define Methods for Foreign Currency Valuation
• Prepare Automatic Posting for foreign currency valuation
• Revaluation of foreign currency balances

CONTROLLING

General Controlling

• Maintain controlling area
• Activate components for controlling area
• Assignment of company code to controlling area
• Maintain number ranges for controlling area documents
• Maintain versions and setting for fiscal year

Cost Element Accounting 

• Introduction to Cost Element Accounting
• Primary and Secondary Cost Elements
• Define Cost Element Categories
• Manual & Automatic Creation of Primary and Secondary Cost Elements
• Define Cost Element Standard Hierarchy and  Groups

Cost Centre Accounting

• Introduction to cost centers
• Define Standard hierarchy for cost centers
• Define cost center categories
• Master data maintenance
• Cost centre groups
• Set planner profile for cost centre
• Create activity types
• Maintain statistical key figures
• Post transaction to cost centers
• Generate cost center reports
• Plan values and quantities for activity prices
• Calculate activity prices
• Periodical reposting of cost
• Create and execute assessment cycle
• Create and execute distribution cycles
• Activity allocations
• Settings for automatic posting

 

 

Cost Centre Accounting

• Introduction to cost centers
• Define Standard hierarchy for cost centers
• Define cost center categories
• Master data maintenance, Cost centre groups
• Set planner profile for cost centre
• Create activity types
• Maintain statistical key figures
• Post transaction to cost centers
• Generate cost center reports
• Plan values and quantities for activity prices
• Calculate activity prices
• Periodical reposting of cost
• Create and execute assessment cycle
• Create and execute distribution cycles
• Activity allocation, Settings for automatic posting

Profit Centre Accounting

• Introduction to Profit centre accounting
• Maintain Standard Hierarchy
• Create Dummy Profit Centre
• Maintain Profit Centre Groups
• Creation of Profit Centre
• Assignment of Profit Centers in cost Center Master Data
• Maintain Automatic Account Assignments for Revenue Elements
• Profit Center for Balance Sheet and Profit and Loss
• Planning and Postings
• Display Profit Center Reports

Profitability Analysis

• Introduction to profitability analysis
• Maintain operating concern
• Define profitability segment
• Maintain characteristics values
• Define derivation rules
• Setting for data flow from SD
• Setting for data flow from FI and MM
• Display reports in COPA
• Mapping of SD/MM Conditions to CO-PA value fields