The document discusses the organizational structure in SAP R/3. It describes how the system is structured with clients, company codes, business areas, plants, sales organizations, and other units. It also provides an overview of the key modules in SAP R/3 including financial accounting, logistics, human resources, and their subcomponents. Financial accounting is linked to other modules and uses a double-entry accounting approach with documents, master records, and general ledger accounts.
The document provides an overview of the key processes in SAP's Accounts Receivable (AR) module, including:
1) Master data processes like customer maintenance, account groups, intercompany accounts, and one-time customers.
2) Invoice processing, cash receipting/payments, account analysis and reconciliation, and periodic processing.
3) Reporting on AR activities.
The document describes the main components that make up customer master data in SAP FI, including general, company code, and sales/distribution data. It also outlines how master records are managed through blocking, flagging for deletion, and archiving.
This presentation covers the basic modules of Financial accouting of SAP FICO module.This is for presentation purpose and doesn't serve as a full fledged presentation on SAP FI
If you are an Accounting professional looking for a career change, please look no further. We are going to recommend the best alternative career to leverage on your Accounting knowledge and start earning more than what you have been earning now in your profession.
JKT education is a leading ISO certified education and career services provider in Asia that is part of the JK Organization, one of India's largest industrial groups. JKT offers a comprehensive portfolio of IT and soft skills training programs tailored to industry needs, including programs in technologies like SAP, social media marketing, and integrated industry solutions. SAP is the world's largest inter-enterprise software provider and creates a centralized database for all applications in an organization, with key modules including sales, distribution, finance, accounting, and business intelligence.
The document provides an overview of SAP's general ledger functionality and processes. It discusses [1] the key master data elements like charts of accounts, account groups, and cost elements; [2] transaction processing including journal entries, foreign currency posting, and document reversal; and [3] periodic processes such as account reconciliation, period-end closing, and reporting. The general ledger acts as the central accounting hub that integrates with other SAP modules to ensure accurate and compliant financial accounting.
SAP FICO General Ledger EndUser Training | www.sapdocs.infosapdocs. info
You can download this material from http://sapdocs.info/sap/fico/download-sap-general-ledger-accounting-enduser-training-ppt-material/
Get more SAP Materials from http://sapdocs.info/sap/
Set up and utilize internal orders as standard SAP functionalityJohn Jordan
Internal orders are an often overlooked part of standard controlling functionality. They offer broad and detailed functionality ranging from planning and budgeting' to cost and revenue analysis. Some key points:
*Internal order configuration basics for statistical orders
*Usage of statistical internal orders
*Standard reporting options for internal orders
*Using internal order hierarchies to support reporting for groups of orders
*Leveraging internal orders for planning
Gain a clear understanding of how you can utilize internal orders, and a better understanding of how to track costs and revenues for a specific job, service, task, or event.
SAP FICO Overview, This Slide provides you the Basic Overview of SAP FICO ,Finance and Controlling module deals with the Financial Management of an Organisation. SAP Provides an ERP Solution to handle Accounts for Major Enterprises
The document provides an overview of the key processes in SAP's Accounts Receivable (AR) module, including:
1) Master data processes like customer maintenance, account groups, intercompany accounts, and one-time customers.
2) Invoice processing, cash receipting/payments, account analysis and reconciliation, and periodic processing.
3) Reporting on AR activities.
The document describes the main components that make up customer master data in SAP FI, including general, company code, and sales/distribution data. It also outlines how master records are managed through blocking, flagging for deletion, and archiving.
This presentation covers the basic modules of Financial accouting of SAP FICO module.This is for presentation purpose and doesn't serve as a full fledged presentation on SAP FI
If you are an Accounting professional looking for a career change, please look no further. We are going to recommend the best alternative career to leverage on your Accounting knowledge and start earning more than what you have been earning now in your profession.
JKT education is a leading ISO certified education and career services provider in Asia that is part of the JK Organization, one of India's largest industrial groups. JKT offers a comprehensive portfolio of IT and soft skills training programs tailored to industry needs, including programs in technologies like SAP, social media marketing, and integrated industry solutions. SAP is the world's largest inter-enterprise software provider and creates a centralized database for all applications in an organization, with key modules including sales, distribution, finance, accounting, and business intelligence.
The document provides an overview of SAP's general ledger functionality and processes. It discusses [1] the key master data elements like charts of accounts, account groups, and cost elements; [2] transaction processing including journal entries, foreign currency posting, and document reversal; and [3] periodic processes such as account reconciliation, period-end closing, and reporting. The general ledger acts as the central accounting hub that integrates with other SAP modules to ensure accurate and compliant financial accounting.
SAP FICO General Ledger EndUser Training | www.sapdocs.infosapdocs. info
You can download this material from http://sapdocs.info/sap/fico/download-sap-general-ledger-accounting-enduser-training-ppt-material/
Get more SAP Materials from http://sapdocs.info/sap/
Set up and utilize internal orders as standard SAP functionalityJohn Jordan
Internal orders are an often overlooked part of standard controlling functionality. They offer broad and detailed functionality ranging from planning and budgeting' to cost and revenue analysis. Some key points:
*Internal order configuration basics for statistical orders
*Usage of statistical internal orders
*Standard reporting options for internal orders
*Using internal order hierarchies to support reporting for groups of orders
*Leveraging internal orders for planning
Gain a clear understanding of how you can utilize internal orders, and a better understanding of how to track costs and revenues for a specific job, service, task, or event.
SAP FICO Overview, This Slide provides you the Basic Overview of SAP FICO ,Finance and Controlling module deals with the Financial Management of an Organisation. SAP Provides an ERP Solution to handle Accounts for Major Enterprises
Here are the answers to the practice questions:
1. The three transaction cycles that exist in all businesses are:
- Expenditure cycle
- Conversion cycle
- Revenue cycle
2. The major subsystems of the expenditure cycle are:
- Purchases/accounts payable system
- Cash disbursements system
- Payroll system
- Fixed asset system
3. The physical component of the expenditure cycle is the acquisition of goods or services. The financial component is the cash disbursement to the supplier, which occurs at a later point after the physical receipt of goods/services.
4. A general journal is used to record non-recurring or infrequent transactions. Journal vouchers
This chapter discusses accounting in ERP systems. It describes the differences between financial and managerial accounting, and identifies problems in unintegrated systems like inaccurate or outdated data. An ERP system can help solve these problems through a centralized database. The chapter explains how an ERP system handles accounting activities and ensures real-time updating of the general ledger. It also discusses how ERP systems improve operational decisions, product profitability analysis, and financial reporting and consolidation for companies with subsidiaries. Finally, it covers how ERP systems help comply with regulations like Sarbanes-Oxley through controls and archiving.
This chapter discusses how ERP systems can help solve accounting problems by integrating financial and managerial accounting data in real time. It describes the benefits of ERP systems for accounting activities like credit management, product cost analysis, financial reporting and management reporting. ERP systems ensure accurate and up-to-date accounting data is available across the organization for improved decision making.
The SAP Financial Accounting (FI) module provides integrated, real-time functionality for processing financial transactions. It consists of several sub-modules including General Ledger, Accounts Receivable, Accounts Payable, and Fixed Assets. These sub-modules are integrated with other SAP modules like Sales and Distribution, Materials Management, and Treasury. Integration provides benefits like timely access to information, flexibility, elimination of duplicate entries, and increased visibility across the business.
With SAPvits, you will learn to configure and implement SAP FICO modules and thus help your organization drive maximize functionality and features. Our FICO Training course starts with SAP FICO Overview, sap fico architecture as well as sapvits provides all sap fico study material, sap fico pdf, sap fico ppt etc.
Contact us:
Website: https://www.sapvits.com/project/sap-fico-online-training/
Email id: info@sapvits.com
IND: +91 992 284 8898
USA: +1 678 389 8898
UK: +44 141 416 8898
The document provides an overview of organizational structures and processes in SAP Financials (FI) and Controlling (CO) modules. It describes how the SAP system organizes data through clients, company codes, charts of accounts, and other hierarchies. Key FI components like general ledger, accounts payable, accounts receivable, and asset accounting are summarized. The roles of cost elements, cost centers, internal orders, and profit centers in cost accounting are outlined. Period end closing and reporting processes are also highlighted at a high level.
Profit Center Accounting enables structuring a company according to strategic business units (SBUs) to provide full income statements and selected balance sheet items by business line. It reflects material movements between SBUs at commercial transfer prices rather than cost. Master data must be organized by assigning objects to profit centers. Actual values flow through the profit centers in parallel to business transactions. The information system provides reports on profit centers, including interactive and list-oriented reports.
With the aid of this software Accounts Receivable, General Ledger, Accounts Payable, Tax, are incorporated into SAP. So when payments are made and products are sold, entries in the books are automatically updated in the system.
The general ledger is the central repository of financial transactions and accounting records for an organization. It contains all accounts used to record financial transactions, and supports the preparation of financial statements. The general ledger aggregates the details from subsidiary ledgers, which contain more specific accounting records for areas like accounts receivable, accounts payable, inventory, and fixed assets. In accounting software and ERP systems, the general ledger module serves as the central database of financial information that integrates with other modules.
This document provides an overview of SAP financial modules and reporting at the University. It describes the objectives of SAP financial reporting which are to introduce users to SAP cost objects, accounting structure, available reports, and how to use reports with confidence. It then explains key components and concepts in SAP controlling including cost centers, cost elements, internal orders, and cost center structures which are used to track costs. Finally, it outlines the types of financial reports available in SAP including income/expenditure, balance sheet, cash flow, department costs, and project costs.
The document discusses traditional batch production processes and cost accounting systems, as well as lean manufacturing principles. Specifically, it describes:
1) The key elements and procedures of traditional batch production, including production planning and control, inventory control, and cost accounting.
2) How lean manufacturing aims to minimize waste and inventory through principles like pull processing and perfect quality.
3) How world-class companies pursue continuous improvements and often adopt lean manufacturing models using advanced technologies and accounting methods.
The tutorial slides and embedded animation is developed by James, the tutor of the unit Acc 204.
The slides demonstrate how graphic system documentation techniques, such as DFD and Flowchart diagrams are drawn.
Introduction to Computer Based Accounting.
Difference between manual accounting system and computerised accounting
Advantages and disadvantages of computerised accounting
Accounting Software packages
Types of accounting software files system
Period end closing activites in sap ficoHari Krishna
This document outlines the various period end closing activities that must be performed in the finance, controlling, and other modules of an ERP system on a daily, monthly, and annual basis. Some key daily finance closing tasks include verifying cash balances and payment/receipt postings. Monthly closing includes opening/closing periods, recurring entries, depreciation, interest calculations, reports, and financial statements. Annual closing involves carrying balances forward, confirmations, inventory/asset valuations, provisions, audits, and tax adjustments. Closing activities ensure accurate financial reporting and management decisions.
This document discusses accounting in ERP systems, specifically SAP's FICO module. It describes the two main types of accounting: financial accounting, which focuses on external reporting, and managerial accounting, which focuses on cost accounting and understanding costs. Financial accounting uses transactional data to generate balance sheets, income statements, and integrates with other ERP modules like sales, materials management, and production planning. Managerial accounting allows for more flexible configurations to meet management's needs for analyzing costs and profitability. The document outlines how accounting modules like FI (financial accounting) and CO (controlling) work together in an ERP system.
This document outlines the objectives and key concepts around coding schemes, general ledger systems, financial reporting systems, and management reporting systems from Accounting Information Systems, 6th edition by James A. Hall. It discusses various types of coding schemes (sequential, block, group, alphabetic, mnemonic), the functions and components of a general ledger system, controls over the general ledger/financial reporting system, and factors that influence the design of management reporting systems such as management principles, functions/levels/decision types, problem structure, types of reports, responsibility accounting, and behavioral considerations.
The document provides objectives and content for Chapter 4 of the textbook "Accounting Information Systems, 6th edition". It covers the revenue cycle, including key processes like sales orders, billing, cash receipts, and collections. It describes the flow of transactions, necessary documents and journals, risks and controls at each step. It also discusses how technology can automate or reengineer the revenue cycle through systems like real-time processing, EDI, point-of-sale, and the implications for internal controls.
This document provides an overview of how financial activities from other SAP modules are integrated with the SAP FI (Financials) module. It discusses the integration of FI with Materials Management (MM), Sales and Distribution (SD), and Controlling (CO). For MM, it describes the procure to pay process including master data, purchase orders, goods movement, and invoice verification. For SD, it discusses sales order processing, revenue account determination, and billing/invoicing. It also provides an overview of transaction types between FI and CO for accounting and cost allocation.
This document provides an agenda and overview for Day 3 of an SAP FI bootcamp. The day will include a review of the previous day's topics, as well as covering accounts payable master data, invoice processing, payment processing, and bank account reconciliation in SAP FI. Participants will work in teams to review a topic from the previous day and create a presentation and questions. Exercises are included to demonstrate creating and maintaining vendor master records, processing purchase order and non-purchase order based invoices, and resolving blocked invoices.
The document provides an agenda and overview for a 5-day SAP Financial Accounting and Reporting bootcamp. Day 1 will cover an introduction to financial accounting, the general ledger including master data setup, enterprise structure, and basic transactions. Master data includes chart of accounts, account groups, field status groups, and configuration of general ledger accounts. Enterprise structure establishes the "where" of transactions using company codes.
Here are the answers to the practice questions:
1. The three transaction cycles that exist in all businesses are:
- Expenditure cycle
- Conversion cycle
- Revenue cycle
2. The major subsystems of the expenditure cycle are:
- Purchases/accounts payable system
- Cash disbursements system
- Payroll system
- Fixed asset system
3. The physical component of the expenditure cycle is the acquisition of goods or services. The financial component is the cash disbursement to the supplier, which occurs at a later point after the physical receipt of goods/services.
4. A general journal is used to record non-recurring or infrequent transactions. Journal vouchers
This chapter discusses accounting in ERP systems. It describes the differences between financial and managerial accounting, and identifies problems in unintegrated systems like inaccurate or outdated data. An ERP system can help solve these problems through a centralized database. The chapter explains how an ERP system handles accounting activities and ensures real-time updating of the general ledger. It also discusses how ERP systems improve operational decisions, product profitability analysis, and financial reporting and consolidation for companies with subsidiaries. Finally, it covers how ERP systems help comply with regulations like Sarbanes-Oxley through controls and archiving.
This chapter discusses how ERP systems can help solve accounting problems by integrating financial and managerial accounting data in real time. It describes the benefits of ERP systems for accounting activities like credit management, product cost analysis, financial reporting and management reporting. ERP systems ensure accurate and up-to-date accounting data is available across the organization for improved decision making.
The SAP Financial Accounting (FI) module provides integrated, real-time functionality for processing financial transactions. It consists of several sub-modules including General Ledger, Accounts Receivable, Accounts Payable, and Fixed Assets. These sub-modules are integrated with other SAP modules like Sales and Distribution, Materials Management, and Treasury. Integration provides benefits like timely access to information, flexibility, elimination of duplicate entries, and increased visibility across the business.
With SAPvits, you will learn to configure and implement SAP FICO modules and thus help your organization drive maximize functionality and features. Our FICO Training course starts with SAP FICO Overview, sap fico architecture as well as sapvits provides all sap fico study material, sap fico pdf, sap fico ppt etc.
Contact us:
Website: https://www.sapvits.com/project/sap-fico-online-training/
Email id: info@sapvits.com
IND: +91 992 284 8898
USA: +1 678 389 8898
UK: +44 141 416 8898
The document provides an overview of organizational structures and processes in SAP Financials (FI) and Controlling (CO) modules. It describes how the SAP system organizes data through clients, company codes, charts of accounts, and other hierarchies. Key FI components like general ledger, accounts payable, accounts receivable, and asset accounting are summarized. The roles of cost elements, cost centers, internal orders, and profit centers in cost accounting are outlined. Period end closing and reporting processes are also highlighted at a high level.
Profit Center Accounting enables structuring a company according to strategic business units (SBUs) to provide full income statements and selected balance sheet items by business line. It reflects material movements between SBUs at commercial transfer prices rather than cost. Master data must be organized by assigning objects to profit centers. Actual values flow through the profit centers in parallel to business transactions. The information system provides reports on profit centers, including interactive and list-oriented reports.
With the aid of this software Accounts Receivable, General Ledger, Accounts Payable, Tax, are incorporated into SAP. So when payments are made and products are sold, entries in the books are automatically updated in the system.
The general ledger is the central repository of financial transactions and accounting records for an organization. It contains all accounts used to record financial transactions, and supports the preparation of financial statements. The general ledger aggregates the details from subsidiary ledgers, which contain more specific accounting records for areas like accounts receivable, accounts payable, inventory, and fixed assets. In accounting software and ERP systems, the general ledger module serves as the central database of financial information that integrates with other modules.
This document provides an overview of SAP financial modules and reporting at the University. It describes the objectives of SAP financial reporting which are to introduce users to SAP cost objects, accounting structure, available reports, and how to use reports with confidence. It then explains key components and concepts in SAP controlling including cost centers, cost elements, internal orders, and cost center structures which are used to track costs. Finally, it outlines the types of financial reports available in SAP including income/expenditure, balance sheet, cash flow, department costs, and project costs.
The document discusses traditional batch production processes and cost accounting systems, as well as lean manufacturing principles. Specifically, it describes:
1) The key elements and procedures of traditional batch production, including production planning and control, inventory control, and cost accounting.
2) How lean manufacturing aims to minimize waste and inventory through principles like pull processing and perfect quality.
3) How world-class companies pursue continuous improvements and often adopt lean manufacturing models using advanced technologies and accounting methods.
The tutorial slides and embedded animation is developed by James, the tutor of the unit Acc 204.
The slides demonstrate how graphic system documentation techniques, such as DFD and Flowchart diagrams are drawn.
Introduction to Computer Based Accounting.
Difference between manual accounting system and computerised accounting
Advantages and disadvantages of computerised accounting
Accounting Software packages
Types of accounting software files system
Period end closing activites in sap ficoHari Krishna
This document outlines the various period end closing activities that must be performed in the finance, controlling, and other modules of an ERP system on a daily, monthly, and annual basis. Some key daily finance closing tasks include verifying cash balances and payment/receipt postings. Monthly closing includes opening/closing periods, recurring entries, depreciation, interest calculations, reports, and financial statements. Annual closing involves carrying balances forward, confirmations, inventory/asset valuations, provisions, audits, and tax adjustments. Closing activities ensure accurate financial reporting and management decisions.
This document discusses accounting in ERP systems, specifically SAP's FICO module. It describes the two main types of accounting: financial accounting, which focuses on external reporting, and managerial accounting, which focuses on cost accounting and understanding costs. Financial accounting uses transactional data to generate balance sheets, income statements, and integrates with other ERP modules like sales, materials management, and production planning. Managerial accounting allows for more flexible configurations to meet management's needs for analyzing costs and profitability. The document outlines how accounting modules like FI (financial accounting) and CO (controlling) work together in an ERP system.
This document outlines the objectives and key concepts around coding schemes, general ledger systems, financial reporting systems, and management reporting systems from Accounting Information Systems, 6th edition by James A. Hall. It discusses various types of coding schemes (sequential, block, group, alphabetic, mnemonic), the functions and components of a general ledger system, controls over the general ledger/financial reporting system, and factors that influence the design of management reporting systems such as management principles, functions/levels/decision types, problem structure, types of reports, responsibility accounting, and behavioral considerations.
The document provides objectives and content for Chapter 4 of the textbook "Accounting Information Systems, 6th edition". It covers the revenue cycle, including key processes like sales orders, billing, cash receipts, and collections. It describes the flow of transactions, necessary documents and journals, risks and controls at each step. It also discusses how technology can automate or reengineer the revenue cycle through systems like real-time processing, EDI, point-of-sale, and the implications for internal controls.
This document provides an overview of how financial activities from other SAP modules are integrated with the SAP FI (Financials) module. It discusses the integration of FI with Materials Management (MM), Sales and Distribution (SD), and Controlling (CO). For MM, it describes the procure to pay process including master data, purchase orders, goods movement, and invoice verification. For SD, it discusses sales order processing, revenue account determination, and billing/invoicing. It also provides an overview of transaction types between FI and CO for accounting and cost allocation.
This document provides an agenda and overview for Day 3 of an SAP FI bootcamp. The day will include a review of the previous day's topics, as well as covering accounts payable master data, invoice processing, payment processing, and bank account reconciliation in SAP FI. Participants will work in teams to review a topic from the previous day and create a presentation and questions. Exercises are included to demonstrate creating and maintaining vendor master records, processing purchase order and non-purchase order based invoices, and resolving blocked invoices.
The document provides an agenda and overview for a 5-day SAP Financial Accounting and Reporting bootcamp. Day 1 will cover an introduction to financial accounting, the general ledger including master data setup, enterprise structure, and basic transactions. Master data includes chart of accounts, account groups, field status groups, and configuration of general ledger accounts. Enterprise structure establishes the "where" of transactions using company codes.
SAP ERP software was founded in 1972 by 5 former IBM engineers. It has financial accounting and controlling modules to track financial transactions and analyze profitability. The organizational structure in SAP defines finance reporting units like business areas, profit centers, and company codes. Master data includes this structure and defines accounts, vendors, customers and more. Transactions then use this data. Documents in SAP have header fields like document number and date, and line items with account types and debit/credit indicators to define specific entries. Document and posting types control valid configurations at the client level.
The document provides an overview of SAP's FI (Financial Accounting) General Ledger module. It discusses the key subprocesses including master data, transaction processing, account analysis and reconciliation, periodic processing, and reporting. Transaction processing involves journal entry, document posting, account blocking, and account deletion. Account analysis includes displaying account balances and line items, as well as clearing open items.
This document outlines the agenda and content for Day 4 of an SAP FI (Financial Accounting) Asset Accounting boot camp. The topics to be covered include a review of Day 3, key concepts of asset accounting such as organization structure and parallel accounting, asset accounting master data, business transactions, period-end closing and reporting, and new online document splitting functionality. The organization structure of asset accounting including charts of depreciation, depreciation areas, asset classes, and account determinations is also explained in detail.
Amwal ERP enterprise resource planning for Nonprofit and Government Organiza...Ahmad Saheb
General Ledger Module
Accounts Receivable Module
Accounts Payable Module
Humane Resource Management Module
Billing Module
Assets Managements Module
Inventory, Supplies Order and Purchase Module
Budget Module
Hospitals, Municipalities and Charities Organizations
Workflow
segments : Account fund fund source activity cost center seg
Financial Accounting theory
Amwal ERP enterprise resource planning for Nonprofit and Government Organiza...Ahmad Saheb
Amwal ERP gives a very high competitive advantages
for its clients, because of the uniqueness of its Financial
Accounting theory ‘Fund Accounting Theory‘.
General Ledger Module
Accounts Receivable Module
Accounts Payable Module
Humane Resource Management Module
Billing Module
Assets Managements Module
Budget Module
Revenues Management Information System
Inventory, Supplies Order and Purchase Module
Fixed Assets Module
Computerized AIS (AIS, TPS and Double-Entry).pptfranciskishushu
This document provides an overview of transaction processing systems and accounting information systems. It discusses the components of transaction processing systems including inputs, processing, journals, ledgers and outputs. It also covers designing double-entry accounting systems including identifying transaction cycles, developing standard journal entries, and considering batch versus direct processing. The document concludes with a discussion of form design and records retention considerations in accounting systems.
The document provides an overview of SAP's FI (Financial Accounting) General Ledger module. It describes the key sub-processes and master data involved in general ledger processing, including transaction processing, account analysis and reconciliation, periodic processing, and reporting. The general ledger forms the core of SAP's financial accounting and integrates with other FI sub-modules and the CO (Controlling) module for management accounting.
The document outlines the agenda for Day 2 of an SAP FI bootcamp training. It includes reviewing concepts covered on Day 1 and then providing overviews of general ledger period end closing and reporting, bank accounting, accounts receivable key concepts and configuration, and accounts receivable reporting. Exercises are included for participants to practice creating recurring entries and processing them, as well as accessing sample reports.
SAP FICO Module is used for those who are in the Finance and Accounting Professionals, who wish to delve into a creative and interactive scenario by which they can apply their Real Time experience and expertise to another level of fantastic intellectual stimulation.
1) The document discusses the accounting cycle which includes 10 steps to gather financial data, process it, and create financial statements. It describes the steps that occur throughout the fiscal year and those that occur at the end.
2) It also covers accounting and bookkeeping, distinguishing accounting as communicating economic information and bookkeeping as identifying and measuring that information.
3) Internal controls, coding systems, and how human judgment and information technology impact the accounting cycle are also summarized. Coding methods like sequential, block, hierarchical and mnemonic are defined.
This document provides an overview of SAP's Finance & Controlling (FICO) module. It describes the main components and objectives of the Finance (FI) and Controlling (CO) modules. In FI, the goals are to record financial transactions and generate standard financial reports. In CO, the goals are internal reporting and analysis to support decision making. Both modules use organizational objects like company code and cost centers. FI maps revenue accounts to revenue elements, while CO maps expense accounts to cost elements to classify costs. CO also performs cost allocations between cost objects using statistical key figures.
Tally.ERP 9 is accounting software that provides powerful remote capabilities and customization options to help businesses manage their finances. It offers features like accounting, inventory management, multi-currency support, and reporting across locations and time periods. The document discusses Tally.ERP 9's advantages and various functions and features to support accounting, purchases, sales, inventory management, and other business processes.
Sandy Wahyu Utomo_1202144068_Business Processes in Financial Accountingsandywahyuutomo
This document provides summaries of key SAP concepts:
- Business areas segment reporting within a company group, controlling areas define cost accounting units, and reconciliation accounts connect subsidiary ledgers to the general ledger.
- Document types distinguish accounting documents, procurement involves determining needs, selecting suppliers, and monitoring purchase orders.
- Foreign currency valuation translates open items into the local currency, while regrouping accounts payable reclassifies vendors with debit balances.
- Dunning involves automatic monitoring and notification of overdue invoices according to configured procedures. Account receivable analysis provides metrics like payment history and days sales outstanding.
- Assets are assigned to company codes and business areas, and their balances can be valued differently
Sandy Wahyu Utomo_1202144068_Business Processes in Financial Accountingsandywahyuutomo
This document provides summaries of key SAP finance and accounting concepts:
1) Business areas, controlling areas, reconciliation accounts, and document types are organizational structures and tools for segment reporting, cost management, connecting subsidiary ledgers to the general ledger, and distinguishing accounting documents.
2) The procurement cycle describes the process for demand determination, supplier selection, purchase order handling, goods receipt, invoice verification, and payment processing.
3) Foreign currency valuation, regrouping accounts payable, incoming payments, dunning functions and procedures, and the account receivable information system are processes for handling multi-currency transactions, credit balances, cash receipts, overdue payments, and analyzing receivables data.
The document provides an overview of organizational structure options in SAP, including definitions of key elements like company code, sales organization, and purchasing organization. It discusses considerations for choosing between a simple or complex organizational structure, with a simple structure minimizing data maintenance and processing while a complex structure allows for more autonomous regional operations. Examples of each type of structure are presented to illustrate how the different elements can be configured.
The document provides an overview of key concepts in SAP SD (Sales and Distribution) module including:
1) Organizational structure configuration such as company code, business area, plant, division, sales organization, distribution channel, and storage location.
2) The differences between cash sales and rush orders including order types, delivery timing, billing, and availability checks.
3) Master data such as customer, material, and condition masters that are used in sales documents.
4) The standard sales process flow from inquiry to billing.
This document provides an overview of SAP's financial accounting (FI) and cost accounting (CO) modules. It describes the key components and organizational structures in SAP, including clients, companies, charts of accounts, company codes, credit control areas, and controlling areas. Financial accounting handles external reporting like balance sheets, while cost accounting supports internal management reporting by cost centers and cost elements.
This presentation by Professor Alex Robson, Deputy Chair of Australia’s Productivity Commission, was made during the discussion “Competition and Regulation in Professions and Occupations” held at the 77th meeting of the OECD Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found at oe.cd/crps.
This presentation was uploaded with the author’s consent.
This presentation by OECD, OECD Secretariat, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
This presentation by Nathaniel Lane, Associate Professor in Economics at Oxford University, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
This presentation by Thibault Schrepel, Associate Professor of Law at Vrije Universiteit Amsterdam University, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by OECD, OECD Secretariat, was made during the discussion “Competition and Regulation in Professions and Occupations” held at the 77th meeting of the OECD Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie WellsRosie Wells
Insight: In a landscape where traditional narrative structures are giving way to fragmented and non-linear forms of storytelling, there lies immense potential for creativity and exploration.
'Collapsing Narratives: Exploring Non-Linearity' is a micro report from Rosie Wells.
Rosie Wells is an Arts & Cultural Strategist uniquely positioned at the intersection of grassroots and mainstream storytelling.
Their work is focused on developing meaningful and lasting connections that can drive social change.
Please download this presentation to enjoy the hyperlinks!
XP 2024 presentation: A New Look to Leadershipsamililja
Presentation slides from XP2024 conference, Bolzano IT. The slides describe a new view to leadership and combines it with anthro-complexity (aka cynefin).
This presentation by OECD, OECD Secretariat, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Juraj Čorba, Chair of OECD Working Party on Artificial Intelligence Governance (AIGO), was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...SkillCertProExams
• For a full set of 760+ questions. Go to
https://skillcertpro.com/product/databricks-certified-data-engineer-associate-exam-questions/
• SkillCertPro offers detailed explanations to each question which helps to understand the concepts better.
• It is recommended to score above 85% in SkillCertPro exams before attempting a real exam.
• SkillCertPro updates exam questions every 2 weeks.
• You will get life time access and life time free updates
• SkillCertPro assures 100% pass guarantee in first attempt.
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...Suzanne Lagerweij
This is a workshop about communication and collaboration. We will experience how we can analyze the reasons for resistance to change (exercise 1) and practice how to improve our conversation style and be more in control and effective in the way we communicate (exercise 2).
This session will use Dave Gray’s Empathy Mapping, Argyris’ Ladder of Inference and The Four Rs from Agile Conversations (Squirrel and Fredrick).
Abstract:
Let’s talk about powerful conversations! We all know how to lead a constructive conversation, right? Then why is it so difficult to have those conversations with people at work, especially those in powerful positions that show resistance to change?
Learning to control and direct conversations takes understanding and practice.
We can combine our innate empathy with our analytical skills to gain a deeper understanding of complex situations at work. Join this session to learn how to prepare for difficult conversations and how to improve our agile conversations in order to be more influential without power. We will use Dave Gray’s Empathy Mapping, Argyris’ Ladder of Inference and The Four Rs from Agile Conversations (Squirrel and Fredrick).
In the session you will experience how preparing and reflecting on your conversation can help you be more influential at work. You will learn how to communicate more effectively with the people needed to achieve positive change. You will leave with a self-revised version of a difficult conversation and a practical model to use when you get back to work.
Come learn more on how to become a real influencer!
This presentation by Yong Lim, Professor of Economic Law at Seoul National University School of Law, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
Carrer goals.pptx and their importance in real lifeartemacademy2
Career goals serve as a roadmap for individuals, guiding them toward achieving long-term professional aspirations and personal fulfillment. Establishing clear career goals enables professionals to focus their efforts on developing specific skills, gaining relevant experience, and making strategic decisions that align with their desired career trajectory. By setting both short-term and long-term objectives, individuals can systematically track their progress, make necessary adjustments, and stay motivated. Short-term goals often include acquiring new qualifications, mastering particular competencies, or securing a specific role, while long-term goals might encompass reaching executive positions, becoming industry experts, or launching entrepreneurial ventures.
Moreover, having well-defined career goals fosters a sense of purpose and direction, enhancing job satisfaction and overall productivity. It encourages continuous learning and adaptation, as professionals remain attuned to industry trends and evolving job market demands. Career goals also facilitate better time management and resource allocation, as individuals prioritize tasks and opportunities that advance their professional growth. In addition, articulating career goals can aid in networking and mentorship, as it allows individuals to communicate their aspirations clearly to potential mentors, colleagues, and employers, thereby opening doors to valuable guidance and support. Ultimately, career goals are integral to personal and professional development, driving individuals toward sustained success and fulfillment in their chosen fields.
3. • Accounting Area
– Financial Accounting (FI)
– Controlling (CO)
– Asset Accounting (FI AA)
• Human Resources
– HR
• Logistics
– Production Planning (PP)
– Materials Management (MM)
– Sales and Distribution (SD)
– Quality Management (QM)
– Service Management (SM)
– Plant Maintenance (PM)
4. Overview of the organization structure in SAP
R/3
Client = Group
Company Code1 Company Code2
Production Department Plant
5. Organizational units in the
Financial accounting module
• Client
• Company Code
• Business Area
• Company
• Credit Control Area
• Funds Management Area
• Dunning Area
• Chart of Accounts
• Controlling Area
6. Client
• Central organizational element
• Top-level structural element of a company
• Separate unit with its own separate master records
and complete group of tables
• To spesify the client in which the user want to
work they have to enter a Client Code when they
logs into the R/3 system
8. Company Code
• Client can be subdividet into one or more
Company Codes
• Represent legally independent companies
• Several Company Codes in each client allows you
to manage accounting data for different
independent companies at the same time
9. Organizational structure of a Company Code
Company Code (Group)
Business Area 1
(North)
Business Area 2
(South)
10. Business Area
• One company code can be divided into several
business areas
• One business area may also be used in multiple
company codes
• Only used to provide in-house information in the
SAP R/3 system
11. Company
• The smallest organizational unit for which legal
financial statements can be prepared
• Can include one or more company codes
• Each one of a company’s company codes must use
the same Chart of Accounts
12. Organizational structure of a Company
Company
Company Code 1 Company Code 2 Company Code 3
Chart of
accounts1
Chart of
accounts1
Chart of
accounts1
13. Credit Control Area
• Organinzational unit in which all account
receivable from a customer are totaled
• Can be defined in such a way that it can be used in
several Company Codes
14. Organizational structure of a Credit Control
Area
Credit Control Area
Company code 1
(Subsidiary)
Company code 2
(Subsidiary)
15. Funds Management (FM) Area
• Used to plan the deployments of Funds
• Identical to the Company Code in broad terms
• Controls budget management in an independent
unit that draws up its own accounts
• You can assign several Company Codes to one
FM Area
17. Dunning Area
• Dunning procedures are usually managed in the
accounts receivable and accounts payable
departments
• If dunning is managed independently in several
organizational units you must create Dunning
Areas
18. Organizational structure of Dunning
Area
Company Code
(Subsidary)
Dunning Area 1
(Division A)
Dunning Area 2
(Division B)
Dunning Area 3
(Division C)
Dunning
Procedure 1
Dunning
Procedure 2
Dunning
Procedure 3
19. Chart of Accounts
• Contains all of a company’s General Ledger
accounts
• Used by both the Financial Accounting and the
Controlling modules
• 1-1 relationship between Chart of Accounts and
Company Code or Controlling Area
21. Single-code system:
– internal and external accounting form one unit
– all the postings are accountable
– you can only calculate a company’s net income after
determining the neutral expenditure and the neutrale
income
• Dual-code system:
– financial accounting and operating accounting are
carried out in two separate settelment areas
– each settelment is a closed unit
• The information in a Chart of account controls
how master records are created in the Company
Code
22. Controlling Area
• Organizational unit in the Controlling module
• The information in Financial Accounting is
directed towards interested parties from outside
the company.
• Controlling does not have to comply with the legal
regulations for financial accounting.
24. Organizational units in the
Logistics modules
• The Plant and Sales Organizations organizational
elements within the Logistics modules are
assigned to spesific Company Codes
25. Overview of the organizatinal structures of
Logistics elements
Client =Group
Company Code 1 Company Code 2
Production Department Plant
26. Plant and Storage Locations
• Company’s productions locations and branch
offices are represented by Plants
• One Company code may contain several Plants
• The plant is the location at which goods are
manufactured or a service is performed
• A plant may consist of several physical Storage
Locations
27. Organizational structure for plants and storage
locations
W a r e h o u s e 3
P la n t 1
P r o d u c t io n
W a r e h o u s e 3 W a r e h o u s e 3
P la n t 2
D e p t / D iv is io n
W a r e h o u s e 3 W a r e h o u s e 3
P la n t 3
D is t r ib u t io n
C o m p a n y c o d e 1
28. Sales Organization Distribution
Channel and Line
• Sales organization is the top organizational unit in
the Sales and Distribution module
• You can assign one or more Distribution Channels
to the same Sales Organization
• You can assign several Lines to the same
Distribution channel
• Lines represent various product groups
29. Organizational structure for Sales
Organization, Distribution Channel and Line
D iv is io n 1 D iv is io n 2
D is t r ib u t io n C h a n n e l
( W h o le s a le )
D iv is io n 1 D iv is io n 2
D is t r ib u t io n C h a n n e l
( R e t a il)
S a le s O r g a n iz a t io n
( I n - P la n t S a le s O r g a n iz a t io n )
30. The structure of the Financial
Accounting module
• The task of financial accounting department
– is to record all business transactions systematically and
comprehensively
– enter all these transactions in the system, and document
them
33. Connecting to other SAP modules
• The Financial accounting module is linked to
almost all the others in SAP
• Business transactions are recorded as they occur in
the form of documents, and stored in a shared
database
34. The document principle
• All postings are always stored in the form of
documents
• Each document must be complete before it is
posted
• Each document must contain specific minimum
information (document date, document type,
posting key, account numbers, amounts)
• Incomplete or inconsistent Documents cannot be
posted
35. Real-Time posting
• Ensures that all employees at different levels have
continous access to a current and uniform dataset
• SAP R/3 supports Real-Time processing by using
a combination of batch processing and dialogue
processing
36. Double-Entry Accounting
• Ensures that all the business transactions recorded
in subledgers are also posted to the relevant
reconsiliation account in General Ledger
accounting
• You can post data in the Controlling application
component at the same time
37. General Ledger Accounting
• Provide a comprehensive picture of the external
accounting process and the accounts involved in it
• Provides the following functions:
– Atomatic and simultanious posting of all subledger
item to the coresponding ledger accounts
– Simultaneous updating of the general ledger and
controllig data
– real-time evaluation and reporting of current posting
data in the form of account displays and closing
accounts with different financial statement versions
38. General ledger accounts
• Contain the increases and decreases that correspond
to the flows of goods and services used in the
Logistics module
• contains master records that controls how business
transactions are recorded and posted to the account
• The Master data record identifies whether an
account is a reconsiliation account
• Reconsiliation accounts groups together the value
items from the accounts of individual subledgers
39. Documents in Financial Accounting
• Document type is an importent control elememt in
the SAP R/3 system
• Document type is used to:
– identify different business transactions
– control how account types are posted
– assign document numbers
– determine whether a ’gross’ or ’posting’ is involved
• Posting key controls how documents are recorded
40. Financial statements
• Divided by time into daily, monthly and annual
financial statements
• Daily financial statements:
– can be created immediately without any extra steps
– is sorted chronologically in a posting journal
• Monthly financial statements:
– carry out a number of closing tasks to create it
• Annual statments:
– The annual accounts is designed to provide information
for internal and external recipients
– Business transactions need to be entered in
chronological order
41. • Structure of the Balance Sheet and the P&L
account:
– In SAP R/3 system you can create Balance Sheet and
P&L statements in various language and currencies to
meet the requirements of companies that operates
internationally
– you can select different classification schemes for
communications, tax and international reports
42. Subledgers
• Contain posting data information in detail
• The following subledgers are part of the R/3
system’s ledger:
– Account Receivable
– Account Payable
– Asset Accounting
– Inventory Accounting
– Personell Accounting
– Bank Accounting
43. Account Receivable
• Contains the accounting data for all the accounts
receivable that are present in the system
• Customer master data record:
– contains all the data that describes the commercial
relationship with a specific customer
– used by the Financial accounting component
– divided into a general section, a section for individual
campany codes and a section for sales data
44. • Outgoing invoices and credit memos:
– the system will automatically post invoice and credit
memos in the FI module when you create an invoice or
credit memo in SD
• Prcessing incoming payments:
– by computerized direct debiting or manually, by check
or bank order
• Dunning letters:
– to include a customer in the SAP R/3 system’s
automatic dunning process, you must first enter a
predefined dunning procedure in the customer master
data record
45. • Customizing background for defining the
dunning program:
– Which company codes must always be included in
dunning
– Which dunning procedure is to be used
– Which dunning costs are to be charged
– The net data on which a specific dunning stage is
reached
– Which dunning letter is to be sent to the customer
46. Account Payable
• Manages all vendor accounting data
• Vendor Master data record:
– is created in the same way as the customer master data
record
– contains all the data required for handeling the business
relationship
• Incoming invoices:
– For MM and FI modules you enter this data in the
module’s Invoice Check Procedure function
– The Invoice Check Procedure checks the data of an
incoming invoice against the data of tha order and
delivery
47. • Payments:
– SAP R/3 system can use the payment program to
handle cash transactions automatically
– Two-stage process
– The system uses the information in the documents and
master record to create a payment proposal list
• Customizing backgrund for defining the payment
program:
– Which company codes always take part in cash
transactions and which company codes are to handle
payments
– Which methods of payments are to be used in each case
– From which bank account the payment is to be made
– The form to be used for payment
48. Assets Accounts
• administers and monitors a company’s fixed assets
• The following functions are integrated in it:
– Asset accounting and valuation
– Leasing management
– Consolidation preparation
– information system
• Linked to a great many other modules of the SAP
R/3 system
49. Bills of exchange
• a contractual security whereby the person issuing
the bill places himself/herself or a therd party
under an obligatin to pay a certain sum within a
certain period
• Payee: recipient of the payer
• Drawee: person paying
• Anyone who signs a bill of exchange is liable for
the sum
• A bill of exchange merely documents the legal
aspects of payment claims
50. Bill of exchange strictness
• A bill oexchange can be written on any sheet of
paper, but only counts as a bill of exchange if it
meets the legal requirements:
– Must appear in the text of the document
– in the language in which it is issued
– it must consist of som other components (certain sum of
money, name of drawee, expiery data, place of
payment, to whom the payment is to made, day and
place of issue, signature of the issuer)
• The following variation can apply:
– The issuer can also be the drawee
– The issuer can also be the payee
– The issuer places itself under obligation
51. Accepting a bill of exchange
• The obligation of the bill only comes about with
acceptance
• At least two people are always required to create
an obligation
52. Causal debt versus bill-of-exchange debt
• Debt relatinship is referred to as abstract because
the bill of exchange does not imply its legal reason
• In crontrast to bill of exchange, the legal reason in
the case of claim, is already included
• The bill of exchange also requires a reason
53. Payment and fulfilment
• The owner of a bill of exchange can demand
payment on the due date
• Only payment to the legally entitled person counts
as fulfilment
• A bill of exchange protest is the formal
documentation stating that a bill of exchange has
not paid when due
• Regress (recourse) can be used in two cases:
– When the drawee does not pay
– When the drawee does not accept liability to pay