SAP ERP Financial Accounting and Controlling [electronic resource] : Configuration and Use Management /
Okungbowa, Andrew.author.
SAP ERP modules are notoriously hard to configure and use effectively without a lot of practice and experience. But as SAP ERP Financial Accounting and Controlling: Configuration and Use Management shows, it doesn't have to be so difficult. The book takes a systematic approach that leads SAP Financial Accounting and Controlling (FICO) users step by step through configuring and using all the program’s facets. This approach makes configuration complexities manageable. The book’s author—SAP expert, trainer, and accountant Andrew Okungbowa—ensures that both you and your end users are up and running quickly and confidently with FICO. He also provides sound and tested procedures that ensure your implementation works without error. SAP ERP Financial Accounting and Controlling: Configuration and Use Management is in fact the most comprehensive and easy-to-follow SAP FICO configuration book in the market. It incorporates a hands-on approach, with hundreds of screen shots and practical examples, that allows a person without prior configuration training to make SAP FICO ready for use in the enterprise. You’ll find that you don’t need to be a rocket scientist to grasp the concepts explained and apply them to your work—even when the finances are complicated, such as with the ins and outs of taxes, currency conversions, or special general ledger entries such as down payments or bills of exchange. Providing an in-depth coverage of both configuration and end user procedures, the book covers most aspects of the SAP FICO certification syllabus—SAP’s view of the module’s key tasks and procedures—including: Configuring and using the general ledger and accounts payable and receivable screens Configuring and completing closing procedures, asset accounting, and financial reporting Configuring global settings and enterprise variables Accounting for both profit and cost centers Creating a house bank Integrating FICO with other SAP modules Taking a jargon-free tone and providing an abundance of examples, Andrew Okungbowa provides a clear understanding of configuration techniques and the breadth of functionalities encompassed by SAP FICO. And as an accountant, Okungbowa understands the needs of end users as well as of those answering to the CIO.
Contents at a Glance; Introduction; Chapter 1: Customizing Organizational Structure in SAP ERP;  Organizational Structure;  The Client;  Company Code;  Let's Start Customizing ;  Define a Company;  Define a Company Code;  Assign Company Code to Company ;  Business Area ;  Define a Business Area;  Segment;  Define a Segment;  Fiscal Year Variant;  Year Independent ;  Year Specific or Year Dependent;  Maintain Fiscal Year Variant;  Assign the Fiscal Year Variant to the Company Code ;  Opening and Closing Posting Periods ;  Define Variants for Open Posting Periods
Assign Variants to Company Code Specify Open and Closing Periods;  Summary; Chapter 2: Defining the Chart of Accounts;  The Chart of Accounts;  Create the Chart of Accounts;  Assign Company Code to Chart of Accounts;  Define Account Group;  Define Retained Earnings Account;  Summary; Chapter 3: Document Control;  Document Control;  Document Type;  Posting Key;  Defining Number Ranges;  How to Display Number Intervals;  How to Delete Number Range Intervals;  How to Copy Document Number Ranges;  Understand and Manage Field Status Variants;  Define Field Status Variants
Display Field Status Variants Assign Company Code to Field Status Variants;  Summary; Chapter 4: Defining Tolerance Groups for G/L Accounts and Employees;  Tolerance Groups;  Define Tolerance Groups for G/L Accounts;  Define Tolerance Groups for Employees;  Define Default Tolerance Groups for Employees;  Define Tolerance Groups for Employees with a Group Key ;  Assign Users to Tolerance Groups;  Summary; Chapter 5: Creating a General Ledger (G/L);  General Ledger;  What Is a Master Record?;  Creating G/L Account Master Records;  Create a G/L Account: Office Supplies
Create a G/L Account (Called Office Expenses) Using a Template Display G/L Accounts;  Summary; Chapter 6: Clearing Open Items;  Clearing Open Items;  Manual Clearing Overview; Posting with Clearing; Account Clearing;  Prepare Automatic Clearing;  Create Accounts for Clearing Differences;  Define a Maximum Exchange Rate Difference;  Checking the Company Code Settings;  Foreign Currency Valuation;  Exchange Rate Types;  Define Valuation Methods;  Prepare Automatic Postings for Foreign Currency Valuation;  Exchange Rate Difference Using the Exchange Rate Key (KDB)
Chapter 9: Defining the House Bank
Includes index.
SAP ERP modules are notoriously hard to configure and use effectively without a lot of practice and experience. But as SAP ERP Financial Accounting and Controlling: Configuration and Use Management shows, it doesn't have to be so difficult. The book takes a systematic approach that leads SAP Financial Accounting and Controlling (FICO) users step by step through configuring and using all the program’s facets. This approach makes configuration complexities manageable. The book’s author—SAP expert, trainer, and accountant Andrew Okungbowa—ensures that both you and your end users are up and running quickly and confidently with FICO. He also provides sound and tested procedures that ensure your implementation works without error. SAP ERP Financial Accounting and Controlling: Configuration and Use Management is in fact the most comprehensive and easy-to-follow SAP FICO configuration book in the market. It incorporates a hands-on approach, with hundreds of screen shots and practical examples, that allows a person without prior configuration training to make SAP FICO ready for use in the enterprise. You’ll find that you don’t need to be a rocket scientist to grasp the concepts explained and apply them to your work—even when the finances are complicated, such as with the ins and outs of taxes, currency conversions, or special general ledger entries such as down payments or bills of exchange. Providing an in-depth coverage of both configuration and end user procedures, the book covers most aspects of the SAP FICO certification syllabus—SAP’s view of the module’s key tasks and procedures—including: Configuring and using the general ledger and accounts payable and receivable screens Configuring and completing closing procedures, asset accounting, and financial reporting Configuring global settings and enterprise variables Accounting for both profit and cost centers Creating a house bank Integrating FICO with other SAP modules Taking a jargon-free tone and providing an abundance of examples, Andrew Okungbowa provides a clear understanding of configuration techniques and the breadth of functionalities encompassed by SAP FICO. And as an accountant, Okungbowa understands the needs of end users as well as of those answering to the CIO.
SAP ERP.
SAP ERP.
Application software.
Software engineering.
Computer Applications.
Software Engineering/Programming and Operating Systems.