SAP ERP Financials and FICO Handbook

Recommendations

Info

266 CHAPTER 7 SPECIAL AREAS 4. Define Valuation Methods (OB59) : To valuate foreign currencies, you need at least one valuation method. With the valuation methods, you will define how to handle foreign currency valuation methods and the exchange rate types you are going to use. In a high-level valuation method, you will hold various parameters for foreign currency valuations. 5. Prepare Automatic Postings for Foreign Currency Valuation (OBA1): In this step, you will assign various G/L accounts to record foreign valuation differences. These are the following application steps for foreign currencies: 6. Enter Exchange Rates (SPRO): In this step, you will enter exchange rates to convert one currency to another. 7. Foreign Currency Valuation (F.05): This transaction code is used to valuate foreign currencies. Foreign currency income and expenses will be recorded in the respective account defined through transaction code OBA1. 7.2 INTERCOMPANY TRANSACTIONS In today’s complex business world, a corporate group may have more than one legal entity. When these legal entities make transactions between themselves, these transactions are called intercompany transactions. Here are some examples of intercompany transactions: n n n n One entity makes payments for other entities. One entity incurs expenses for other entities. One entity sells its products or services to other entities. One entity purchases goods or services from other entities.
7.2 INTERCOMPANY TRANSACTIONS 267 To deal with these kinds of expenses, you need to carry out the following steps in your SAP solutions: 1. Create customer and/or vendor master in the respective company codes. 2. Set this relation in transaction code OBYA. FIGURE 7.1 Transaction code OBYA—cross-company transaction configuration When you post an intercompany transaction, the SAP system will generate three accounting documents: (1) an FI document for the first company code, (2) an FI document for the second company code, and (3) a inter-company document.
Page 1 and 2:
SAP ® ERP Financials and FICO Hand
Page 3 and 4:
THE JONES AND BARTLETT PUBLISHERS S
Page 5 and 6:
World Headquarters Jones and Bartle
Page 7 and 8:
ABOUT THE AUTHOR A graduate in comm
Page 9 and 10:
viii TABLE OF CONTENTS 3.5 Cost Cen
Page 12:
AN INTRODUCTION TO SAP SOFTWARE SAP
Page 15 and 16:
xiv PREFACE n n n n n Chapter 7—S
Page 17 and 18:
2 CHAPTER 1 INTERVIEW QUESTIONS AND
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
10 CHAPTER 1 INTERVIEW QUESTIONS AN
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 110 and 111:
Chapter 2 CERTIFICATION QUESTIONS A
Page 112 and 113:
2.1 QUESTIONS 97 9. What would be t
Page 114 and 115:
2.1 QUESTIONS 99 21. You can only h
Page 116 and 117:
2.1 QUESTIONS 101 33. State True or
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
2.1 QUESTIONS 107 66. Posting keys
Page 124 and 125:
2.1 QUESTIONS 109 79. The company c
Page 126 and 127:
2.1 QUESTIONS 111 92. When you canc
Page 128 and 129:
2.1 QUESTIONS 113 c. You can assign
Page 130 and 131:
2.1 QUESTIONS 115 114. State True o
Page 132 and 133:
2.1 QUESTIONS 117 126. The credit c
Page 134 and 135:
2.1 QUESTIONS 119 140. Negative rev
Page 136 and 137:
2.1 QUESTIONS 121 154. A shortened
Page 138 and 139:
2.2 ANSWERS 123 168. Once you cross
Page 140 and 141:
2.2 ANSWERS 125 80. a-True, b-False
Page 142 and 143:
Chapter 3 ISSUES AND RESOLUTIONS A
Page 144 and 145:
3.2 G/L ACCOUNTING 129 posting key,
Page 146 and 147:
3.2 G/L ACCOUNTING 131 3. Switch of
Page 148 and 149:
3.2 G/L ACCOUNTING 133 The error is
Page 150 and 151:
3.3 AP 135 Ranking order represents
Page 152 and 153:
3.3 AP 137 You can use the BnkT (ba
Page 154 and 155:
3.3 AP 139 transaction code FCHU, w
Page 156 and 157:
3.3 AP 141 Issue No.: 23 While post
Page 158 and 159:
3.4 AM 143 While configuring the pa
Page 160 and 161:
3.4 AM 145 1. Recalculate depreciat
Page 162 and 163:
3.4 AM 147 Issue No.: 36 While capi
Page 164 and 165:
3.4 AM 149 Issue No.: 41 The user i
Page 166 and 167:
3.4 AM 151 for 2007. Now the user w
Page 168 and 169:
3.4 AM 153 If you are trying to put
Page 170 and 171:
3.4 AM 155 In the screen that appea
Page 172:
3.7 NEW G/L 157 A customer and vend
Page 175 and 176:
160 CHAPTER 4 CONFIGURATION STEPS S
Page 177 and 178:
162 CHAPTER 4 CONFIGURATION STEPS S
Page 179 and 180:
164 CHAPTER 4 CONFIGURATION STEPS F
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
174 CHAPTER 4 CONFIGURATION STEPS 4
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
182 CHAPTER 4 CONFIGURATION STEPS 4
Page 199 and 200:
Page 202 and 203:
Chapter 5 USER TRANSACTION CODES In
Page 204 and 205:
5.1 G/L ACCOUNTING 189 Posting to G
Page 206 and 207:
5.1 G/L ACCOUNTING 191 Display G/L
Page 208 and 209:
5.2 AP 193 Function Name and Path C
Page 210 and 211:
5.2 AP 195 Function Name and Path I
Page 212 and 213:
5.2 AP 197 Period-end Transactions
Page 214 and 215:
5.3 AR 199 5.3 ACCOUNTS RECEIVABLE
Page 216 and 217:
5.3 AR 201 Function Name and Path S
Page 218 and 219:
5.3 AR 203 Period-end Transactions
Page 220 and 221:
5.4 AM 205 5.4 ASSETS MANAGEMENT (A
Page 222 and 223:
5.4 AM 207 Assets Retirement/ Trans
Page 224 and 225:
5.5 CO-CEL 209 Function Name and Pa
Page 226 and 227:
5.6 CO-CCA 211 Function Name and Pa
Page 228 and 229:
Page 230 and 231:
Page 232 and 233: 5.7 CO-IO 217 Information Systems F
Page 234 and 235: 5.7 CO-IO 219 Function Name and Pat
Page 236 and 237: 5.8 CO-PCA 221 Standard Hierarchy P
Page 238 and 239: 5.8 CO-PCA 223 Information Systems
Page 240 and 241: 5.9 CO-PA 225 Function Name and Pat
Page 242 and 243: 5.10 CO-PC 227 Function Name and Pa
Page 245 and 246: Chapter 6 FICO QUICK TOUR This chap
Page 247 and 248: 6.2 FI GENERAL 231 FIGURE 6.1 Year-
Page 249 and 250: 6.3 G/L ACCOUNTING 233 which is cli
Page 251 and 252: 6.3 G/L ACCOUNTING 235 FIGURE 6.5 C
Page 253 and 254: 6.3 G/L ACCOUNTING 237 FIGURE 6.6 C
Page 255 and 256: 6.3 G/L ACCOUNTING 239 FIGURE 6.8 P
Page 257 and 258: 6.4 AP AND AR 241 FIGURE 6.9 Vendor
Page 259 and 260: 6.4 AP AND AR 243 FIGURE 6.12 Trans
Page 261 and 262: 6.4 AP AND AR 245 n In Figure 6.16,
Page 263 and 264: 6.5 AA 247 n document. When you hav
Page 265 and 266: 6.5 AA 249 n Like AUC, Low Value As
Page 267 and 268: 6.5 AA 251 n n n n n n reducing pos
Page 269 and 270: 6.6 CO GENERAL 253 FIGURE 6.19 CO m
Page 271 and 272: 6.8 CCA 255 n If you have an expens
Page 273 and 274: 6.9 IO 257 n In CO, you observed th
Page 275 and 276: 6.10 PA 259 n n n n PA is one of th
Page 277 and 278: 6.11 PCA 261 FIGURE 6.21 Time of po
Page 279: 6.12 PCC 263 n n Balance sheet acco
Page 284 and 285: 268 CHAPTER 7 SPECIAL AREAS FIGURE
Page 286 and 287: 270 CHAPTER 7 SPECIAL AREAS The ste
Page 288 and 289: 272 CHAPTER 7 SPECIAL AREAS The fol
Page 292 and 293: 276 CHAPTER 7 SPECIAL AREAS 5. Bank
Page 294 and 295: 278 CHAPTER 7 SPECIAL AREAS to the
Page 296 and 297: 280 CHAPTER 7 SPECIAL AREAS involve
Page 301 and 302: Chapter 8 N EW G/L To satisfy a bro
Page 303 and 304: CHAPTER 8 NEW G/L 287 After activat
Page 305: 8.2 TRANSACTION CODES 289 cost cent
Page 308 and 309: 292 CHAPTER 9 TABLES IN THE SAP SYS
Page 314 and 315: 298 CHAPTER 10 SAP MM CONFIGURATION
Page 317 and 318: Chapter 11 SAP SD CONFIGURATION The
Page 319 and 320: CHAPTER 11 SAP SD CONFIGURATION 303
Page 321 and 322: I NDEX A AAM (Account Assignment Mo
Page 323 and 324: INDEX 307 retiring assets in, 148 S
Page 325 and 326: INDEX 309 “changes for vendor not
Page 327 and 328: INDEX 311 cross-company document nu
Page 329 and 330: INDEX 313 G/L accounting in, 232-23
Page 331 and 332: INDEX 315 H held documents, 40, 246
Page 333 and 334:
INDEX 317 operating charts of accou
Page 335 and 336:
INDEX 319 data types in, 110 deprec
Page 337 and 338:
INDEX 321 in Profit Center Accounti
show all

SAP ERP Financials and FICO Handbook

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?