Students will become familiar with the basic concepts of General Ledger Accounting, Accounts Receivable, and Accounts Payable.

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* Actual course outline may vary depending on offering center. Contact your sales representative for more information.

Learning Objectives

Become familiar with the basic concepts of General Ledger Accounting, Accounts Receivable, and Accounts Payable.
Acquire knowledge to set up business processes in the above areas.

1

  • Basic of Customizing for Financial Accounting:

  • organizational units
    master data
    document control
    postings
2

  • Handling of payments, dunning, correspondence and closing operations in Financial Accounting:

  • Automatic Payment Processing with clearing of open items
    Automatic Dunning Processing for creating dunning notices
    Correspondence
    Overview of month and year-end accounting processes in Financial Accounting
    Balance sheet and profit and loss statement
    Preparatory closing postings in sub ledgers and the general ledger
    Technical organizational and documentary steps in individual closing
    Financial Closing Cockpit
    Configuration of periodic closing in Financial Accounting

Audience

Application Consultants will benefit from this course.

Language

English

Prerequisites

Business knowledge of the Financial Accounting component (Financials) The following e-learning materials are included in TFIN50 and you must study these in your own time before the course begins: TERP01 Intro to SAP ERP and SAP NetWeaver TERP20 SAP Financial and SAP Management Accounting Basics

$8,670

Length: 10.0 days (80 hours)

Level:

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