sappress discover sap erp financials

Bonn � Boston

Manish Patel

Discover SAP® ERP Financials

184_Patel_FINAL_1_11_08_GRAY.pdf 3184_Patel_FINAL_1_11_08_GRAY.pdf 3 2/13/08 9:05:26 AM2/13/08 9:05:26 AM

Contents at a Glance

Overview1 ....................................................................... 27

General Ledger2 .............................................................. 39

Receivables and Payables3 .............................................. 67

Taxation4 ......................................................................... 99

Bank Accounting5 ......................................................... 131

Capitalization of Investments6 ...................................... 165

Travel Management7 ..................................................... 201

Payroll Accounting8 ...................................................... 225

Consolidation9 .............................................................. 259

Overhead Cost Controlling10 .......................................... 291

Project Accounting11 ...................................................... 321

Product Costing12 .......................................................... 351

Profi tability Analysis13 .................................................... 387

Financial Planning14 ....................................................... 419

Collections, Dispute, and Credit Management15 ............ 445

Cash and Liquidity Management16 ................................. 471

Treasury and Risk Management17 ................................... 495

Glossary A ....................................................................... 523

Index ................................................................................. 535


Contents

Overview 1 ................................................................. 27

What Does SAP ERP Financials Offer You? ............................ 29Where Can You Use SAP ERP Financials? ............................... 32

General Ledger 2 .......................................................... 39

Overview .............................................................................. 39Functions in Detail ................................................................ 40

Corporate Structure ....................................................... 41Basic Settings ................................................................. 43The New GL .................................................................. 47Accounting Transactions ................................................. 53Integration of the New GL .............................................. 58Financial Closing ............................................................. 59Financial Reporting ......................................................... 64

Summary ............................................................................... 65

Receivables and Payables 3 .......................................... 67

Overview .............................................................................. 67Functions in Detail ................................................................ 69

Master Data ................................................................... 69Customer Billing ............................................................. 72Incoming Payments and Cash Application ....................... 77Vendor Invoice Verifi cation ............................................. 79Payment Program ........................................................... 83Document Clearing Process ............................................ 86Dunning Process ............................................................. 88Other Processes .............................................................. 92


Contents

10

Reporting and Communication ....................................... 95Summary ............................................................................... 96

Taxation 4 ..................................................................... 99

Overview ............................................................................ 100Functions in Detail .............................................................. 101

Setting Up Taxes ........................................................... 101Tax Calculation and Posting .......................................... 106Tax Exemption .............................................................. 109Tax Reporting ............................................................... 110Withholding Tax ........................................................... 112The European Union and VAT Processing ...................... 116Other Tax Scenarios ...................................................... 119

Case Study .......................................................................... 124Summary ............................................................................. 129

Bank Accounting 5 ..................................................... 131

Overview ............................................................................ 132Bank Accounting Functions ................................................. 132

Banks and Bank Accounts ............................................. 133Payment Methods ........................................................ 137Payment Media ............................................................ 140Payment Program ......................................................... 143Payment Aids ............................................................... 146Bank Statement Reconciliation ..................................... 150Processing Electronic Bank Statements .......................... 153Other Bank Transactions ............................................... 157


Capitalization of Investments 6 ................................. 165


Investment Programs .................................................... 167


11

Contents

Appropriation Requests ................................................ 169Investment Measures .................................................... 173Planning and Budgeting ................................................ 176Structuring Fixed Assets ................................................ 180Asset Transactions ........................................................ 184Additional Functionality ............................................... 188Reporting ..................................................................... 191


Travel Management 7 ................................................. 201


Employee Mini Master ................................................. 204Travel Requests and Approvals ...................................... 207Travel Booking .............................................................. 208Travel Expenses ............................................................. 211Expense Accounting and Reimbursement ..................... 214Compliance and Reporting ........................................... 218


Payroll Accounting 8 .................................................. 225


Process Overview ......................................................... 228Earnings Calculation ..................................................... 230Benefi ts and Deductions ............................................... 233Tax Calculations ............................................................ 240Payroll Processing ........................................................ 243Posting and Payments ................................................... 246Payroll Reporting .......................................................... 249Outsourcing .................................................................. 251



Contents

12

Consolidation 9 .......................................................... 259


Consolidation Setup ..................................................... 261Data Collection and Postings ........................................ 266Currency Translation ..................................................... 270Elimination Entries ........................................................ 274Elimination of IPI ......................................................... 276Consolidation of Investments ........................................ 279Validations and Reclassifi cations ................................... 282Execution of Consolidation ........................................... 284


Overhead Cost Controlling 10 ...................................... 291


Overview of Controlling ................................................ 294Cost Elements in SAP .................................................... 296Cost Center Accounting ................................................ 299Internal Order Accounting ............................................ 302Activity-Based Costing .................................................. 304Period-End Closing ...................................................... 309Reporting ..................................................................... 314


Project Accounting 11 .................................................. 321


Project Structures in SAP .............................................. 323Project Costs ................................................................ 327Project Revenues .......................................................... 332Payments and Cash Management ................................. 335


13

Contents

Claims Management ..................................................... 338Integration with Procurement and Production .............. 340Other Functionality ...................................................... 342


Product Costing 12 ...................................................... 351


General Concepts ......................................................... 355Product Costing Overview ............................................ 358Product Cost Planning (CO-PC) ..................................... 362Planning Aids for Costing .............................................. 366Cost-Controlling Activities ............................................ 370Actual Costing .............................................................. 376Product Costing Reports ............................................... 380


Profi tability Analysis 13 ............................................... 387


Profi t Center Accounting (PCA) ..................................... 389Overview of Profi tability Analysis .................................. 392Gathering Actual Data .................................................. 402Planning ....................................................................... 408Information System ...................................................... 413


Financial Planning 14 ................................................... 419


Common Planning Functionalities ................................. 422


Contents

14

Costs Planning .............................................................. 426Revenue Planning ......................................................... 431Other Planning Elements .............................................. 436


Collections, Dispute, and Credit Management 15 ...... 445


Credit Management Requirements ................................ 448Credit Check and Monitoring ........................................ 451Comparison with SAP R/3 Credit Management ............. 453Dispute Management Overview ................................... 455Processing a Dispute Case ............................................ 457Integration of Dispute Management ............................. 459Collections Management Overview ............................... 461Collections Worklists .................................................... 463Collections Management Integration ............................ 465


Cash and Liquidity Management 16 ............................ 471


Planning Process ........................................................... 474Cash Concentration ...................................................... 478Tools and Reports ......................................................... 480Liquidity Planner .......................................................... 485


Treasury and Risk Management 17 .............................. 495



15

Contents

Concepts and Terminology ............................................ 497Transaction Management .............................................. 501Accounting and Back Offi ce .......................................... 505Portfolio Analyzer ......................................................... 509Market Risk Analyzer .................................................... 512Credit Risk Analyzer ...................................................... 514Data Maintenance and Reporting ................................. 518

Summary ............................................................................. 522

Glossary A ................................................................... 523

Index ........................................................................................... 543


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sappress discover sap erp financials

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