General Ledger Process Overview

TransactionProcessing

Master Data

GeneralLedger

Account Analysis &

Reconciliation

Reporting

FinancialAccounting

PeriodicProcessing

General Ledger Process OverviewTransactionProcessing

AndExternal interfaces

Master Data

GL Accounts

Ledger EntriesTaxes, Banking

Accruals(Operational)

Account Analysis &

Reconciliation

Balance SheetIncome

StatementCash Flow

MonthEnd Close

VendorInvoices

(Expense)

CustomerInvoices

(Revenue)

AssetTransactions(Capital and

Depreciation)

Master Data

Vendor Master

Master Data

Customer Master

Master Data

Asset Master

ReportingAnd

ConsolidationBI and BPC

Controlling

CostAllocations

10K, 10Q

SAP Account Receivable lifecycle

SAP Account Receivable Lock box processing

Manual Check Deposit - Activity Flow

Cheques withsupportingdocuments

Groupchequesby lots

Enter cheques list .(by customer

:Reference of invoicespaid.

By Vendors, Others)Value date (Required)

Printcheques

listPost

Check whetherpostings are correct ?

Manual Check Deposit - Procedure

Electronic / ManualEntry

TemporaryDatabase

Check deposit list

General Ledger Documents

Sub-Ledger

DocumentsCheck

Check Deposit - Account AssignmentCheck Deposit List

Customer Account

Incoming checks Account

O.b.) 200,- 200,- (1

1) 200,- 200,- (2

2) 200,-

Bank Account

Po

sting

s

Asset processing

Purchase Order

Financial Document

Asset Under Construction

Expense

Settlement

Project WBS Element 1

WBS Element 2

WBS Element 3

TransferImpairmentDisposalSale

{Asset #1Class 123

Asset #2Class 456Depreciation

Expense

PS

AM

Asset processing

Project Systems• Completed capital projects

become assets

Fixed Asset

Financial Accounting• AM transactions impact

balance sheets and P&L statements

Lease Cost• Lease information

automatically creates transactions

Joint Venture• JV assets operated will be

managed by Asset Management

Controlling• Depreciation expense

charged to cost canters

Procurement• Assets acquired via vendor

PlanningMaster Data

Actual Posting

Period End Closing

Reporting

Controlling Processes

• Planning preparation• Cost Centre Planning• Internal Order

Planning• Plan cost distribution• Plan cost assessment• Plan indirect activity

allocation• Plan settlement of

overhead cost orders

• Reposting• Actual Cost

distribution• Actual Cost

Assessment• Cost Splitting• Calculate Actual

Activity Prices• Settlement of

Overhead Orders• Manual Cost

Allocation• FICO Reconciliation

Cost Element Cost Centre Activity Type Resource Statistical Key

Figures Internal order Groups

Manual entries SKF entry Direct activity

allocation Indirect activity

allocation Order budget

Aspects of Profitability Management

Revenue 2000

Discounts 100

COGS 230

Contr. Margin 1440

Revenue 2000

Salaries 468

Materials 230

Profit

TelecomPharmaEthylene Power

Advertising 250

Profitability Analysis By Market segment (Market oriented)

Responsibility Accounting

(Company oriented)

Profit Centers

PCAPCA PAPA

Segments

External Market

Profitability