Innovations in Business Solutions COURSE OUTLINE - Financial Accounting (FI) with BA Fundamentals Program

Introduction The Financial Accounting (FI) application component fulfills all the international requirements that must be met by the financial accounting department of an organization. All accounting-relevant transactions made in Logistics (LO) or Human Resources (HR) components are posted real-time to Financial Accounting by means of automatic account determination. This data can also be passed on to Controlling (CO). This ensures that logistical goods movements (such as goods receipts and goods issues) are exactly reflected in the value-based updates in accounting. We recognize that many of you are willing to put the extra effort to migrate to SAP practice and become SAP consultants. We help you achieve your goal with a team of experienced SAP instructors, excellent infrastructure, and a clear roadmap to SAP certification.

Financial Accounting (FI)

Course Contents
Competency Asset Accounting Topic Asset transactions (for example, asset acquisition, retirement, Master data Organizational structures Periodic processing in Asset Accounting Using the information system Balance sheet/P&L structure & reporting Month-end and year-end closing Profit and loss Receivables and payables Technical, organizational and documentary steps Cash discount and payment conditions Cash journal Clearing (manual and automatic) Cross-company code transactions Default values Document changes, change control Document reversal Document types and number ranges Foreign currencies and exchange rate differences Incoming and outgoing payments Payment differences Posting authorizations Posting keys and field status groups Posting periods A new beginning in your Career!
Suite 403, 201 City Center Dr., Mississauga, On L5B 2T4 Tel : (905) 268 0958 Suite505, 200 Consumers Road, Toronto, On. M2J 4R4 Tel (416) 855 1161 Toronto, London (UK), Ottawa

Closing Operations in Financial Accounting

Document and Posting Control

Innovations in Business Solutions

Taxes Tolerance groups and payment differences Drilldown reporting in Financial Accounting Infosystem and ABAP reports in General Ledger, AR List Viewer Account groups Bank accounts/bank keys Chart of accounts Customer and vendor accounts G/L account Reconciliation accounts Correspondence configuration Creating correspondence Creating payment media Dunning program configuration Executing the dunning run and printing the dunning notice Executing the interest calculation run Executing the payment run Interest calculation configuration Payment program configuration Management empowered by mySAP ERP Management empowered by mySAP ERP Financials SAP Navigation Overview of the SAP Solution Manager "Park document" versus "hold document" Basics of document parking Customizing of different special G/L transactions Processing parked documents Special G/L classes and types Special G/L transactions using the example of payment and guarantee Substitution Validation Activation and the idea of the New General Ledger Document splitting New characteristics in FI Real-time integration CO => FI Reporting with (new) FI standard drilldown reporting Scenarios and scenario assignment

Evaluation Options in Reporting Financial Accounting Master Data

Payment Program, Dunning Program, Correspondence, Interest Calculation

SAP Overview

SAP Solution Manager Special General Ledger Transactions, Document Parking, Substitute

The New General Ledger

Advanced Topic: Business Analysis (BA) fundamentals

A new beginning in your Career!

Suite 403, 201 City Center Dr., Mississauga, On L5B 2T4 Tel : (905) 268 0958 Suite505, 200 Consumers Road, Toronto, On. M2J 4R4 Tel (416) 855 1161 Toronto, London (UK), Ottawa