AC010 - Business Processes in Financial Accounting

Overview of Financial Accounting (FI) in SAP ERP

• Outlining Financial Accounting (FI) Components in SAP ERP

General Ledger (G/L) Accounting

• Outlining Organizational Elements in Financial Accounting (FI)
• Maintaining G/L Master Records
• Posting Transactions in the G/L

Accounts Payable

• Maintaining Vendor Master Records
• Maintaining Accounts Payable Transactions
• Managing the Integration between Accounts Payable and Materials Man
• Performing Accounts Payable Closing Operations

Accounts Receivable

• Maintaining Customer Master Records
• Managing Accounts Receivable Transactions
• Managing Customer Correspondence
• Creating Accounts Receivable Dispute Cases
• Managing the Integration between Accounts Receivable and Sales Orde
• Performing Accounts Receivable Closing Operations

Asset Accounting

• Maintaining Asset Master Records
• Executing Asset Transactions
• Executing Asset Accounting Period-End Closing Activities

Bank Accounting

• Maintaining Bank Accounting Master Records
• Managing Bank Accounting Transactions

Closing Operations in General Ledger Accounting

• Performing General Ledger (G/L) Closing Operations