Goals

  • Become familiar with the basic concepts of General Ledger Accounting, Accounts Receivable, and Accounts Payable.
  • Acquire knowledge to set up business processes in the above areas.

Audience

  • Application Consultant

Prerequisites

Essential

  • Business knowledge of the Financial Accounting component (Financials)
  • The following e-learning materials are included inTFIN50and you must study these in your own time before the course begins:
  • TERP01Intro to SAP ERP and SAP NetWeaver
  • TERP20SAP Financial and SAP Management Accounting Basics

Recommended

  • None

Course based on software release

  • SAP ERP 6.0 EhP7

Content

  • Basic of Customizing for Financial Accounting:
    • organizational units,
    • master data
    • document control,
    • postings,
  • Handling of payments, dunning, correspondence and closing operations in Financial Accounting:
    • Automatic Payment Processing with clearing of open items
    • Automatic Dunning Processing for creating dunning notices
    • Correspondence
    • Overview of month and year-end accounting processes in Financial Accounting
    • Balance sheet and profit and loss statement
    • Preparatory closing postings in sub ledgers and the general ledger
    • Technical organizational and documentary steps in individual closing
    • Financial Closing Cockpit
    • Configuration of periodic closing in Financial Accounting