What will you learn ?

1: Introduction

• Understanding of what is ERP Systems
• Introduction to SAP

2:- Organizational Structure

• Defining company
• Configuring company code
• Defining business area
• Assigning company code to company

3:- Financial accounting global settings

• Maintaining fiscal year variant
• Assigning fiscal year variant to company code
• Defining posting periods
• Defining open and close posting periods
• Assigning variant to company code
• Document types and Parameters
• Defining document number ranges
• Defining SAP posting keys
• Defining field status variant
• Assigning field status variant to company code
• Defining tolerance groups for employees

4:- General ledger accounting

• Defining chart of accounts
• Assigning chart of accounts to company code
• Defining account groups
• Defining retained earnings account
• Maintain Field status variant for General ledger
• Creating GL accounts
• Set up Tolerance for postings
• Postings
• Park/Hold the document
• Reversal entries
• Document change control

5:- Accounts Receivable

• Creating customer groups
• Field validation for Groups
• Creating number ranges
• Assigning number ranges to customer groups
• Creating customer
• Change customer details
• Display customer details and Balances
• Raising sales invoice
• Incoming payments
• Cash discounts
• Down payment
• Bank Guarantee
• Interest calculation
• Credit memo
• Dunning procedure and executing dunning run

6:- Accounts payable

• Creating vendor groups
• Creating vendor ranges
• Creating ranges to vendor groups
• Creating vendor
• Change Vendor details
• Display Vendor and Balance
• Raising vendor invoice
• Outgoing payments
• APP (Automatic Payment Programme)
• Cash discounts/Terms of Payment
• Interest calculation
• Down payment
• Bank Guarantee
• Debit memo

7:- Bank Accounts

• Creating house bank
• Configuring petty cash journal
• Configuring automatic payment to vendors

8:- Tax

• Define country tax procedure
• Define calculation procedure
• Assign calculation procedure
• Base amount settings
• Exempt Tax codes and reasons for the same.
• Creating GL accounts of input tax output tax and sales tax
• Configuration for tax calculation Postings

9:- Foreign currency

• Exchange Rate Difference General Ledger for Foreign currency document posting
• SAP Net weaver with Currency setting.
• Currency translation ratio
• Defining, changing and maintaining exchange rate ratios
• Overview of realized and unrealized profit and loss

10:- Asset Accounting

• Copying chart of depreciation
• Assigning chart of depreciation to company code
• Specify account determination
• Create screen layout rules
• Creating asset classes
• Depreciation area and use of Depreciation area
• Maintain asset master records (Create /Change /Display)
• Acquisition of asset
• Running depreciation
• Manual depreciation and unplanned depreciation
• Retirement of asset
• Transfer of asset INTA and INTERNAL
• Scraping of an asset
• Depreciation postings
• Reports on asset accounting
• Asset explorer

11:- New GL Accounts

• Configuring new GL
• Document splitting (Active, Passive, and Zero Balance)
• Configuring leading and non-leading ledger

12:- Financial statement versions

• Configuration of FSV
• FSV and their use in company’s report on IFRS and GAAP both

13:- Closing down procedures and Reports with Information System

Controlling

1:- General Controlling

• Maintaining control area settings
• Assign controlling area to Company code
• Maintaining number ranges for controlling documents
• Activating controlling indicators

2:- Cost Element Accounting

• Creating various types of cost elements
• Creating primary cost element
• Creating secondary cost element
• Automatic and Manual creation of cost elements

3:- Cost center accounting

• Creating cost center hierarchy
• Creating cost center
• Creating activity types
• Reports of cost centers

4:- Profit Center Accounting

• Creating profit centre
• Creating dummy profit centre
• Creating profit centre hierarchy
• Assigning profit centre to cost centre
• Reports on profit centre