| Internal Training – SAP Practice

AGENDA

What is Financial Accounting?• Introduction to Financial Accounting• Organizational Structures in Financial Accounting• Master Data in Financial Accounting • Transaction Data in Financial Accounting

1

For internal use only

Valérie SchauwersDiegem

Introduction to Financial Accounting

| Internal Training – SAP Practice

FINANCIAL VS. MANAGEMENT ACCOUNTING

2

• External Accounting

• Financial Statements

• Legal Requirement

• Fixed

• Internal Accounting

• Multiple Reporting Approaches

• Not a Legal Requirement

• Flexible

FINANCE CONTROLLING

| Internal Training – SAP Practice

FI Components or Sub Modules

FI-G/L: General Ledger FI-AP: Accounts Payable FI-AR: Accounts Receivable FI-AA: Asset Accounting FI-BK: Bank Applications FI-SL: Special Purpose Ledger FI-TV: Travel Management …

FI for Logistics – Thomas Van Aken – March 2011

3© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP Practice

General Ledger and Sub Ledgers

FI for Logistics – Thomas Van Aken – March 2011

4© 2011 Capgemini - Internal use only. All rights reserved.

FI-G/LFI-AP

FI-AA

FI-AR

MM SD

BSP&L

| Internal Training – SAP Practice

ORGANIZATIONAL STRUCTURES IN FINANCIAL ACCOUNTING

| Internal Training - SAP Practice

Organizational Structures

FI for Logistics – Thomas Van Aken – March 2011

6© 2011 Capgemini - Internal use only. All rights reserved.

FI

CO

CO-PA Operating Concern

Controlling Area

Controlling Area

Company Code

Company Code

Business Area

Functional Area

| Internal Training – SAP Practice

Company Code

In an international business, operations are often located across numerous countries. Since most governments and tax authorities require each operating entity to be established as a separate legal entity, a company code is usually defined.

The smallest SAP entity that supports a full legal set of books. Each accounting document is assigned to exactly one company code.

Controls the publication of Balance Sheet and P&L Assigned to exactly one operational Chart of Accounts

Company code = Legal balancing entity

| Internal Training – SAP Practice

Fiscal year

Defines number of periods + start and finishing dates of periods Normal and special periods (in total 16 periods max.) Special periods for year-end closing Derive posting period from posting date

Iintroduction to Plant Maintenance – Ann Bynens – February 2011

8© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP Practice

Chart of Accounts

Contains the structure and the basic information about general ledger accounts

Iintroduction to Plant Maintenance – Ann Bynens – February 2011

10© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

11© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

12© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

13© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

14© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP Practice

TFIN52

Iintroduction to Plant Maintenance – Ann Bynens – February 2011

15© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

16© 2011 Capgemini - Internal use only. All rights reserved.

http://sapcertifications.ol-edu.com/TFIN52.php

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

17© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

18© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

19© 2011 Capgemini - Internal use only. All rights reserved.

| Internal Training – SAP PracticeIintroduction to Plant Maintenance – Ann Bynens – February 2011

20© 2011 Capgemini - Internal use only. All rights reserved.