Financial Accounting in SAP: Business User Guide

David is the founder and CEO of Prime, LLC; before 2008, he worked for SAP in roles such as senior consultant, project manager, consulting manager, and director of professional services. He has written for SAPexperts in the last 18 months and was recently featured in WIS' insiderPROFILES magazine.

1 ... Introduction to Financial Accounting ... 15
1.1 ... Defining the Organizational Structure ... 16
1.2 ... Assigning Organizational Structures ... 27
1.3 ... Making Cross-Modular Assignments ... 32
1.4 ... Summary ... 41
2 ... Financial Accounting Master Data ... 43
2.1 ... General Ledger Accounts ... 44
2.2 ... Vendor Accounts ... 51
2.3 ... Customer Accounts ... 58
2.4 ... Fixed Assets ... 64
2.5 ... Banks ... 67
2.6 ... Summary ... 68
3 ... General Ledger Transactions ... 71
3.1 ... Journal Vouchers ... 72
3.2 ... Post with Clearing ... 112
3.3 ... Resetting and Reversing Documents ... 117
3.4 ... Changing and Displaying Documents ... 126
3.5 ... Relationship Browser ... 133
3.6 ... Reference Documents ... 134
3.7 ... Summary ... 147
4 ... General Ledger Account Inquiries ... 149
4.1 ... Account Displays ... 149
4.2 ... Reports and Queries ... 156
4.3 ... Summary ... 160
5 ... Accounts Payable Processes ... 161
5.1 ... Logistics ... 162
5.2 ... Create Direct Invoices ... 169
5.3 ... Issue Outgoing Payments ... 170
5.4 ... Process Exceptions ... 173
5.5 ... Summary ... 177
6 ... Accounts Payable Transactions ... 179
6.1 ... Vendor Invoices ... 180
6.2 ... Credit Memos ... 223
6.3 ... Down Payments Sent ... 227
6.4 ... Resetting and Reversing Documents ... 230
6.5 ... Changing and Displaying Documents ... 239
6.6 ... Issuing Outgoing Payments ... 245
6.7 ... Summary ... 249
7 ... The Automated Payment Program Process ... 251
7.1 ... The Automated Payment Program Process ... 252
7.2 ... Additional Settings ... 261
7.3 ... Automatic Payment Run Inquiries ... 273
7.4 ... Summary ... 277
8 ... Accounts Payable Account Inquiries ... 279
8.1 ... Vendor Account Displays ... 280
8.2 ... Due Date Analysis ... 286
8.3 ... Payment History ... 287
8.4 ... Check Register ... 290
8.5 ... Reports and Queries ... 296
8.6 ... Summary ... 301
9 ... Accounts Receivable Processes ... 303
9.1 ... Logistics ... 304
9.2 ... Direct Invoices ... 311
9.3 ... Customer Account Maintenance and Incoming Payments ... 313
9.4 ... Process Exceptions ... 314
9.5 ... Summary ... 318
10 ... Accounts Receivable Transactions ... 321
10.1 ... Customer Invoices ... 321
10.2 ... Credit Memos ... 363
10.3 ... Down Payments Received ... 367
10.4 ... Resetting and Reversing Documents ... 372
10.5 ... Changing and Displaying Documents ... 380
10.6 ... Process Incoming Payments ... 386
10.7 ... Dunning ... 390
10.8 ... Credit Management ... 394
10.9 ... Summary ... 394
11 ... Accounts Receivable Account Inquiries ... 397
11.1 ... Customer Account Displays ... 398
11.2 ... Customer Analysis ... 404
11.3 ... Reports and Queries ... 411
11.4 ... Uses for Customer Inquiries ... 416
11.5 ... Summary ... 417
12 ... Fixed Asset Processes ... 419
12.1 ... The Fixed Asset Lifecycle ... 420
12.2 ... Asset Acquisition ... 427
12.3 ... Summary ... 433
13 ... Fixed Asset Transactions ... 435
13.1 ... Creating an Asset ... 435
13.2 ... Changing, Displaying, and Locking ... 444
13.3 ... Navigating the Asset Explorer ... 453
13.4 ... Transfers ... 457
13.5 ... Retirement ... 461
13.6 ... Value Adjustments ... 461
13.7 ... Depreciation ... 462
13.8 ... Summary ... 467
14 ... Fixed Asset Posting Logic ... 469
14.1 ... General Ledger Accounts ... 470
14.2 ... Asset Classes ... 473
14.3 ... Account Determinations ... 475
14.4 ... Reports and Tools ... 481
14.5 ... Summary ... 488
15 ... Bank Master Data and Processes ... 491
15.1 ... Bank Master Data ... 492
15.2 ... Structuring Bank Accounts in the G/L ... 500
15.3 ... Bank Reconciliation ... 505
15.4 ... Post Processing of Electronic Bank Statements ... 512
15.5 ... Summary ... 517
16 ... Financial Close Processes ... 519
16.1 ... Opening and Closing Financial Periods ... 520
16.2 ... Balance Carryforward ... 522
16.3 ... Fixed Assets ... 526
16.4 ... Periodic Processing ... 530
16.5 ... Foreign Currency Valuations ... 535
16.6 ... GR/IR Clearing ... 536
16.7 ... Depreciation ... 540
16.8 ... Summary ... 541
17 ... Integrated Financial Close in SAP ERP ... 543
17.1 ... Integrated Financial Close and Cost Accounting ... 544
17.2 ... Integrated Financial Close and Materials Management ... 551
17.3 ... Integrated Financial Close and Sales and Distribution ... 558
17.4 ... Summary ... 558
... Appendices ... 561
A ... The New General Ledger ... 563
B ... Important Tables in Financial Accounting ... 583
C ... The Author ... 587
... Index ... 589