Configuring Financial Accounting in SAP ERP

Narayanan Veeriah is a chartered financial analyst (CFA) and a PMI-certified project management professional (PMP) with about 30 years of work experience in finance and information technology, including more than 15 years of SAP experience. An SAP FI/CO consultant, he is currently a senior leader for SAP in a multinational IT consulting company and is based in India.A professional in the field of banking and finance and a thought leader in project management, Narayanan is an expert in finance with core competencies in retail banking and credit management. He has worked with several multinational clients and helped them to implement, upgrade, roll out, and support SAP (versions 3.1H to SAP ERP 6.0) in retail, automotive, pharmaceuticals, multimedia, electronics, transportation, and manufacturing industries. Narayanan has authored several books on SAP Finance and Controlling. He is also a guest faculty member for several management institutions in India for finance, ERP, SAP, and project management. You can reach Narayanan at vdotn@yahoo.com.

Acknowledgments
Preface
Structure and Content
Financial Accounting in SAP ERP Financials
SAP ERP 6.0
SAP ERP Financials
Financial Accounting
Summary
Customizing SAP
The Implementation Guide
Creating a Customizing Project
Alternative Method to Customizing through IMG
Summary
Enterprise Structure
Organizational Units in Financial Accounting
Localize Sample Organizational Units
Define Company
Define Company Code
Define Credit Control Area
Define Business Area
Define Segments
Define Financial Management Area
Define Functional Area
Define Controlling Area
Define Profit Centers
Summary
Global Settings: Company Code Global Parameters
Activate SAP General Ledger Accounting
Fiscal Year and Posting Periods
Settings for Standard Fields
Settings for Customer Fields
Field Status
Ledgers for SAP General Ledger Accounting
Parallel Accounting
Real-Time Integration of Controlling with Financial Accounting
Chart of Accounts
Enter Company Code Global Parameters
Summary
Global Settings: Documents
Document Components
Document Types
Document Numbering
Document Change Rules
Posting Keys
Tolerance Groups
Define Texts for Line Items
Default Values
Document Parking
Validation and Substitution in Accounting Documents
Account Document Archiving
Summary
Global Settings: Tax, Inflation Accounting, and Correspondence
Tax on Sales and Purchases
Withholding Tax
Inflation Accounting
Correspondence
Integration with SAP Shared Services Framework
Summary
SAP General Ledger Accounting
SAP General Ledger Architecture
New Features in SAP General Ledger
SAP General Ledger Account Master Data
Business Transactions
Periodic Processing
Reorganization
Preparation for Productive Start
Tools
DataSources in SAP G/L Accounting
Reporting
Summary
Accounts Payable
Vendor Master Data
Business Transactions
Outgoing Payments
Reporting
Summary
Accounts Receivable
Customer Account Master Data
Business Transactions
Credit Management
Interest Calculation
Dunning
Document Reconciliation
Closing Operations for FI-A/R and FI-A/P
Analytics for Accounts Receivable
Reporting
Summary
Contract Accounts Receivable and Payable
Organizational Units
Basic Functions
Business Transactions
Integration
Information System
Summary
Bank Accounting
Bank Master Data
Bank Chains
Business Transactions
Summary
Asset Accounting
Organization Structures
Structuring Fixed Assets in Asset Accounting
Asset Classes
Valuation
Integrating Asset Accounting with SAP General Ledger
Depreciation
Special Valuation
Master Data: Screen Layout
Transactions
Legacy Asset Data Transfer
Preparing for Production Startup
Processing for Leased Assets
Processing for Closing
Customer Enhancements in Asset Accounting
Information System
Summary
Consolidation Preparation
General Specifications
Company Consolidation
Summary
Lease Accounting
Lease Accounting Engine
Basic Settings
Value Determination
Complete Mandatory Settings in Customizing
Reports
Summary
Travel Management
Travel Management Process Flow
Set Up Travel Management
Set Up Trip Number Ranges
Travel Request
Travel Planning
Travel Expenses
Employee Self-Service
Manager Self-Service
Mobile Travel Expenses
Integration of Travel Planning and Travel Expenses
Integration of Travel Management and Payroll
Workflow Scenarios in FI-TV
Reports
Summary
SAP Upgrade and Migration
SAP Upgrade
Upgrade Tools
Upgrade Process
Best Practices
Pitfalls and Issues
Migration
Summary
SAP Fiori
SAP Fiori 2.0
Types of SAP Fiori Apps
SAP Fiori for Smartphone/Tablet
SAP Fiori Launchpad
SAP Fiori Apps
SAP Screen Personas
Summary
Maintenance Tools
Factory Calendar
Schedule Manager
Closing Cockpit
Conclusion
The Author
Index