Group Members:        MahrukhUsmani        RubabFatimashahbaz                Faiza Irshad                  GoharIqbal
Financial Accounting Enterprise structureChart of AccountsGeneral LedgerAccounts GroupsCurrencies
The Financial Accounting (FI) Enterprise Structure isthe key building block to your entire organization.Most other modules...
FeaturesThe Financial Accounting (FI) Enterprise Structure  includes following features: Chart of Accounts Fiscal Year V...
Chart of AccountsGeneral LedgerAccounts GroupsCurrencies
 This is a list of all G/L accounts used by one or  several company codes. For each G/L account, the chart of accounts c...
 You can use the same chart of accounts for all company  codes If the company codes all have the same requirements for t...
 A general ledger (GL) is a chronological accounting record a  business uses to keep track of financial transactions.  Tr...
G/L Master Record in the Chart of              Accounts G/L account master data in the chart of accounts area  contains i...
G/L Account Master Records in the           Company Code The company code specific area of a G/L account  contains data t...
Accounts Groups The account group is a summary of accounts based on  criteria that effects how master records are created...
UseWhen you create a G/Laccount in the chart ofaccounts area, you mustspecify an account group.Using the account group, ...
Currencies Legal means of payment in a country. For each monetary amount that you enter in the SAP System,  you must spe...
Types Of Currency   There are 5 types of currency in SAP r/3 system. Group Currency: You define Group Currency when you d...
T-Codes• OB13 COA creation• OB62 – Assign Company Code -> Chart of  Accounts• OBD4 define Account Groups• OB07 Exchange Ra...
ERP Financial Management Enterprise Structure
ERP Financial Management Enterprise Structure
ERP Financial Management Enterprise Structure
ERP Financial Management Enterprise Structure
ERP Financial Management Enterprise Structure
ERP Financial Management Enterprise Structure
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ERP Financial Management Enterprise Structure

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It conatins chart of accounts in SAP, G/L in SAP, account groups in SAP and currencies in SAP

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  • With the account group, you group similar accounts together and control the creating and changing of master records. They controlThe account number interval in which the account number must lie.The screen layout for creating G/L accounts in the company code-specific area. This means that you can define whether fields require an entry, may have an entry, or are hidden when creating or changing a master record in the company code-specific area.
  • ERP Financial Management Enterprise Structure

    1. 1. Group Members: MahrukhUsmani RubabFatimashahbaz Faiza Irshad GoharIqbal
    2. 2. Financial Accounting Enterprise structureChart of AccountsGeneral LedgerAccounts GroupsCurrencies
    3. 3. The Financial Accounting (FI) Enterprise Structure isthe key building block to your entire organization.Most other modules in the system build upon the FIOrganization Elements that you create in theEnterprise Structure.
    4. 4. FeaturesThe Financial Accounting (FI) Enterprise Structure includes following features: Chart of Accounts Fiscal Year Variant Company Code Configuration Business Areas Functional Areas Advanced Validation and Substitution Sales and Use Tax
    5. 5. Chart of AccountsGeneral LedgerAccounts GroupsCurrencies
    6. 6.  This is a list of all G/L accounts used by one or several company codes. For each G/L account, the chart of accounts contains the account number, account name, and the information that controls how an account functions and how a G/L account is created in a company code.
    7. 7.  You can use the same chart of accounts for all company codes If the company codes all have the same requirements for the chart of accounts set up, assign all of the individual company codes to the same chart of accounts. This could be the case if all company codes are in the same country.
    8. 8.  A general ledger (GL) is a chronological accounting record a business uses to keep track of financial transactions. Transactions are categorized and summarized into accounts. An account is a unique record for each type of asset, liability, equity, revenue and expense. The number and type of accounts that make up the general ledger is determined by the chart of accounts (COA).
    9. 9. G/L Master Record in the Chart of Accounts G/L account master data in the chart of accounts area contains information about the G/L account that is valid for all company codes. The chart of accounts area also contains data that controls how a G/L account is created in the company code-specific area
    10. 10. G/L Account Master Records in the Company Code The company code specific area of a G/L account contains data that is only valid for one company code, such as the currency in which the account may be posted
    11. 11. Accounts Groups The account group is a summary of accounts based on criteria that effects how master records are created. The account group determines: The number interval from which the account number is selected when a G/L account is created. The screen layout for creating G/L accounts in the company code-specific area
    12. 12. UseWhen you create a G/Laccount in the chart ofaccounts area, you mustspecify an account group.Using the account group, youcan group the G/L accountsaccording to functional area.The account group alsodefines the set up whencreating a G/L account in thecompany code and chart ofaccounts
    13. 13. Currencies Legal means of payment in a country. For each monetary amount that you enter in the SAP System, you must specify a currency. In Financial Accounting, you have to specify for each of your company codes, in which currency ledgers should be managed. This currency is the national currency of the company code, that is, the local currency (or company code currency). From a company code view, all other currencies are then foreign currencies.
    14. 14. Types Of Currency There are 5 types of currency in SAP r/3 system. Group Currency: You define Group Currency when you define Client (SCC4) Global Company Currency: You define Global Company Currency when you define Company that is assigned to your company code. Hard Currency: YOU define Hard Currency when YOU define the Country that your Company code assigned to. A hard currency is used in countries with high inflation. Index-Based Currency: You define IB Currency when You define Country that your company code assigned to. An index-based currency is stipulated for external reporting (for example, tax returns), in some countries with high inflation. Company code Currency: You define the company code Currency when you define Company Code.
    15. 15. T-Codes• OB13 COA creation• OB62 – Assign Company Code -> Chart of Accounts• OBD4 define Account Groups• OB07 Exchange Rate of Currencies• Creation of G/L account centrally-FS00• Creation of G/L account in COA- FSS0• Creation of G/L account in CC- FSP0

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