Course Description

This course bids to promote fundamental business processes and tasks. With the advancements of SAP ERP Technology, it would be easy to assess Financial Accounting with this application. In this tutorial, concepts such as Accounts Receivable, Accounts Payable, Asset Accounting.

Course Goals

After completing this course, you will acquire comprehensive idea on General Ledger Accounting, Accounts Receivable, Asset Accounting and participants gain synopsis about Business processes and tasks involving Financial Accounting.

Targeted Audience

1) Application Consultant
2) Project Manager
3) IT Support
4) Business Users
5) Power Users

Prerequisites

Knowledge in Accounting is an essential prerequisite to taking up AC010

Software Release Version

SAP ERP 6.0

Course Content

Lesson 1 Big Picture of Financial Accounting
In this lesson, you will learn introduction and some important concepts related to Financial Accounting

1.1 Listing Basic Concepts of SAP ERP Financials Accounting
In this part of the lesson, you will be educated about
a) Introduction to Financial Accounting
b) Basic Concepts of SAP ERP Financial Accounting

Lesson 2 General Ledger Accounting
In this lesson, you will learn more about General Ledger Accounting

2.1 Understanding Organizational Structures in Financial Accounting
This part of the lesson offers explanation about
a) The purpose of Company codes

2.2 Maintaining General Ledger Master Records
In this lesson, you will learn to Display
a) Chart of Accounts

2.3 Posting in General Ledger
In this part of the lesson, you will learn
a) Executing G/L Postings
b) Complex Postings using Traditional screen

Lesson 3 Accounts Payable
The syllabus of this lesson includes Accounts, Transactions and Materials Management

3.1 Maintaining Vendor Master Records
In this part of the lesson, you will learn
a) How to maintain Vendor Master Record

3.2 Managing Accounting Transactions in Accounts Payable
In this part of the lesson, you will learn
a) How to post Vendor Invoices
b) How to post credit memos in FI
c) How to create recurring entries
d) How to post manual outgoing payment with cheque printing
e) How to create automatic payment

3.3 Managing the Integration between Financial Accounting and Materials Management
In this part of the lesson, you will learn
a) Organizational Units involved in Material Management
b) Managing the process of Purchase- to Invoice Process

3.4 Managing Closing Operations in Accounts Payable
In this part of the lesson, you will learn how to use
a) Closing tools in Accounts Payable

Lesson 4 Accounts Receivable
The syllabus of this lesson involves concepts of accounting transactions

4.1 Maintaining Customer Master Records
In this part of the lesson, you will learn
a) How to maintain customer master records in Accounting
b) Entering and changing customer invoices in Accounting

4.2 Managing Accounting Transactions
In this part of the lesson, you will learn
a) How to Enter a Customer Invoice
b) Change Customer Invoice

4.3 Managing Customer Correspondence
In this part of the lesson you will learn
a) How to create Dunning notices
b) How to print accounts statement
c) How to use accounts receivable accounting

4.4 Creating Dispute Cases in Accounts Receivable
In this part of the lesson you will learn how to
a) Create dispute cases for AR accounting

4.5 Managing Billing Documents in Sales Order Management
In this part of the lesson you will learn
a) Describe important organizational units
b) Managing sales process

4.6 Using Closing Tools in Accounts Receivable
In this part of the lesson you will learn how to
a) Post Value adjustments

Lesson 5 Asset Accounting
This unit deals with Master Records and Asset Accounting

5.1 Maintaining Asset Master Records
In this part of the lesson you will learn
a) Executing Asset Balance lists
b) Creating Asset Master Records

5.2 Executing Asset Transactions
In this part of the lesson you will learn
a) To post various assets transactions

5.3 Executing Period-End Activities in Asset Accounting
In this part of the lesson you will learn to
a) Print inventory lists
b) Execute Period-End activities
c) Print asset history sheets

Lesson 6 Bank Accounting
This lesson includes topics like Master Records associated with Transactions

6.1 Maintaining Master Records in Bank Accounting
In this lesson you will learn
a) How to maintain Bank-Accounting Master Records

6.2 Managing Business Transactions in Bank Accounting
In this unit you will learn
a) Management of Petty Cash
b) Manual entry of Cheque deposit transaction
3. Manual processing of Account Statement

Lesson 7 Closing Operations
In this lesson you will learn about General Ledger Accounting

7.1 Managing Closing Operations in General Ledger Accounting
In this unit you will learn
a) How to Post a Vendor Invoice for Insurance Expense
b) How to create an accrual object
c) How to execute an accrual run
d) What is Ledger group?
e) Reconciling CO and FI data
f) Run Evaluations in new General Ledger

Course Delivery
1) Instructor-led Classroom Training
2) Video Tutorial – Self Paced Learning
3) Online Training – Tutor Based Learning

Course Duration
20 Hours

Course Fee
$ 670 USD