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Sap Fi Bootcamp Training Case Study For Day5
Sap Fi Bootcamp Training Case Study For Day5
0 Bootcamp
Instructions
1. Post asset acquisition from the car dealer with the correct payment term and tax code 15% input tax (assumption: acquisition is done directly in FI; no Purchase Order is to be created). 2. Review asset balance. 3. Review the vendor balance and line items before payment. Check that the payment is due 60 days after the invoice date. 4. Company R100 makes payment once every week through automatic outgoing payment selection. You should post the payment as if the payment is already due; i.e., it is already 60 days from the invoice date. 5. Review the vendor balance and line items after payment. The invoice should be cleared by the payment.
Enter the bank data: Press on the following button and the next screen will appear:
Note the payment terms of the vendor (I have used SU = Check this must align with the Payment Process)
Select the appropriate Cost Centre on Time-dependent tab, select from the drop down
7. Use Vendor Line Item Display (transaction FBL1N) to display vendor line items
Note the Pmth = SU (Check) needs to correspond to the payment method of the Vendor/. Next p/date needs to cover the base line date + payment terms; i.e., Base line date was 15.07.2007 and the payment terms was ZR01 (net 60 days). Thus, we need to set the Next p/date to at least an added 60 days to pick up the invoice entered.
Note that there should be an outgoing payment amount or else there will be no payments created. Rectify the issue and run the payment process, select the button and go back.
Process
Print the check then review using SP01 for the output