Onsite Training Catalog: SAP Financials Training Outline

Day 1:

Financial Overview

 

  • Financial terms
  • International vs. US accounting
  • Accounting standards
  • Accounting principles and fundamentals
  • Financial statements
  • Financials and Accounting as represented in SAP
  • Overview of case study

Organizational Structure and Exercise
  Entity representation and configuration

 

  • Enterprise structure configuration
  • Business area configuration
  • Company code configuration including currencies
  • Financial periods
  • Fiscal year
  • Chart of accounts

Day 2:

Financial Master Data and exercise

 

  • Account groups
  • Screen layout
  • GL Accounts
  • Customer accounts
  • Vendor accounts
  • Bank accounts
Day 3:

Accounting Documents and Exercise

 

  • Document structure
  • Configuring document types
  • Line items
  • Posting key
  • Fast entry/recurring entries
  • Automatic account assignment for automatic postings
  • Edit options
  • Parking Documents
    Overview of business transactions (AR, AP and GL)

General Ledger and Exercise

 

  • Document types , posting key and period
  • Posting data (entry, change, display and reversal)
  • Manual accruals
  • Configuring bank reconciliation (manual and electronic)
  • Automatic payments
  • Automatic clearing
  • Cash journal
  • Petty cash

Day 4:

Accounts Payable and Accounts Receivable

 

  • Configure Terms of payment
  • Cash discounts
  • Incoming/outgoing invoices
  • Incoming/outgoing credit memos
  • Configuration for Dunning
  • Open item clearing
  • Configuring payment blocks
  • Deleting customer data
  • Integration for MM and SD

Day 5:

Configuring/Processing Payments

 

  • Automatic payment program
  • Bank reconciliation
  • Outgoing/incoming payments
  • Cash discount taken/granted
  • Overpayments/underpayments
  • Bank charges (vendor/customer)
  • Withholding tax
  • Advices
  • Financial statement version-balance sheet, P&L
  • Financial statements
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Course Pricing

To schedule a training session with ERPtips or to find out more information, email Training at ERPtips dot com.

Financials Outline

ERPtips Financials class takes you on the inside journey into step by step configuration of the required components of FI. Essentials such as setting up your company and the related financial parameters necessary to capture events that affect a company's financial position. Take a walk through a case study and set up a functioning financial organization with day to day management of financial inputs and outputs using the General Ledger, Accounts Payable, and Accounts Receivabl.

Just like the ERPtips Journal, our training covers the entire SAP product line, from core SAP modules like Financials, Logistics, and HR/HCM, to NetWeaver-based components, to SAP's Business Suite applications, including CRM, SCM, and SRM. We train SAP implementation team members and super-users on any issues covered in the standard SAP course catalog, and we go beyond that to offer cutting edge configuration and reporting techniques that can fill the gap in your SAP know-how.

We help SAP clients and consultants solve business and technical problems with our library of undocumented features, timesaving solutions, and best practices. Request a free sample issue of ERPtips here.

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Testimonials

"The ERPtips instructor geared this class to the students and their companies' Basis environments. We covered important topics that are hard to find practical information on, like kernel upgrades and hotpacks. I was later able to apply this knowledge to my company's own SAP system.

To get exposure to all the key material in this course, I might have had to take about three courses from SAP itself. The instructor went the extra mile to make sure that everyone's questions were answered."

Pete Peters, IT Manager, Prym Consumer USA

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