Course Description

AC205 provides valuable information and study about Time Frame and Flow of Financial Closing Procedures. The Integration flow of closing procedures come along with relevant customizing activities which are useful for the beginners and graduates who take up AC205 Financial Closing in the early part of their career. Attendees will get exclusive study materials, certification guidance and dumps, real-world practices from subject matter experts in SAP.

Targeted Audience

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

Prerequisites

1) AC010
2) AC010e
3) AC200

Release Version

EHP 7 for ERP 6.0

Course Content

Lesson 1: Financial Closing Overview and Basic Settings
In this lesson, you will learn

1.1: Periodic Closing Process
1.2: Basic Settings in General Ledger Accounting

Lesson 2: Financial Statements
In this lesson, you will learn

2.1: Financial Statements Management
2.2: Drill-down report execution

Lesson 3: Fixed and Current Assets
In this lesson, you will learn

3.1: Closing Activities execution within Asset Accounting
3.2: Closing Activities Management in Material Management

Lesson 4: Receivables and Payables
In this lesson, you will learn

4.1: Generating Balance Confirmations
4.2: Foreign Currency Valuation
4.3: Value Adjustments Management
4.4: Receivables Regrouping

Lesson 5: Accruals and Deferrals
In this lesson, you will learn

5.1: Accrual Postings

Lesson 6: Technical, Organizational, Documentary Closing Activities
In this lesson, you will learn

6.1: Managing Period End Closing
6.2: Balance Audit Trial Execution
6.3: Document Splitting in General Ledger Accounting
6.4: CO-FI Management
6.5: Ledger Group Specific FI Documents Posting

Lesson 7: Financial Closing Cockpit
In this lesson, you will learn

7.1: Handling Financial Closing Cockpit

Lesson 8: Intercompany Reconciliation
In this lesson, you will learn

8.1: Intercompany Reconciliation Process

Course Duration

20 Hours

Course Fee

$ 2680 USD

Course Delivery Mode

1) Classroom Training
2) Online Training- Instructor Based learning
3) Online Mode- Self-paced learning