SAP ERP Financials and FICO Handbook

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274 CHAPTER 7 SPECIAL AREAS FIGURE 7.3 Revenue recognition To handle revenue determination in an SAP solution, you need the following configuration: 1. Set Revenue Recognition for Item Categories : In this step, you will maintain two fields: (1) your revenue recognition method and (2) the start date. These configuration steps are in the following path: Sales and Distribution → Basic Functions → Account Assignment/Costing → Revenue Recognition → FIGURE 7.4 Revenue recognition
7.6 AUTOMATIC PAYMENT PROGRAM 275 Rev. recognition: Here you specify the revenue recognition category. There are four types of revenue recognition categories: (1) No value, (2) A, (3) B, and (4) D. This designates how you are going to determine your revenue. Acc. period start: This indicator determines the start date of revenue recognition. 2. Maintain Account Determination: In this IMG step, you will assign various G/L accounts to which transactions will be posted. Determine the revenue account: The revenue account is maintained in the first column. This is configured through transaction code VKOA. Assign account for unbilled receivables: In this step, you will assign G/L accounts for the deferred revenue account (special G/L account) and the unbilled receivable account. After configuration, the SD user will post the customer invoice for the full amount in the SD module. Once you run transaction code VF44, the system will list the transactions that need to be considered as revenue for the said period. 7.6 AUTOMATIC PAYMENT PROGRAM Through an automatic payment program, you can pay both vendors and customers to whom you owe money. The transaction code for the configuration of an automatic payment program is FBZP. To execute the program, you would use transaction code F110. There are five steps to configure an automatic payment program: 1. All Company Code: Enter the sending and paying company codes, outgoing payment with cash discount from. In this step, you will define the sending and paying company code relation. 2. Paying Company Code : Enter the minimum amount of the incoming and outgoing payments and the form for the payment advice. 3. Country Payment Methods: Select Check will be created, Allowed for personal payments, Street, P.O. box or No. (bank details for wire transfer), or RFFOUS_C (RFFOUS_T for wire transfer) as the print (payment) program. 4. Company Code Payment Methods: Enter minimum and maximum amounts and the form for payment transfer. The payment per due day, optimized by bank group or postal code, can also be selected.
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SAP ® ERP Financials and FICO Hand
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THE JONES AND BARTLETT PUBLISHERS S
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World Headquarters Jones and Bartle
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ABOUT THE AUTHOR A graduate in comm
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viii TABLE OF CONTENTS 3.5 Cost Cen
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AN INTRODUCTION TO SAP SOFTWARE SAP
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xiv PREFACE n n n n n Chapter 7—S
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2 CHAPTER 1 INTERVIEW QUESTIONS AND
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10 CHAPTER 1 INTERVIEW QUESTIONS AN
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Chapter 2 CERTIFICATION QUESTIONS A
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2.1 QUESTIONS 97 9. What would be t
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2.1 QUESTIONS 99 21. You can only h
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2.1 QUESTIONS 101 33. State True or
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2.1 QUESTIONS 107 66. Posting keys
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2.1 QUESTIONS 109 79. The company c
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2.1 QUESTIONS 111 92. When you canc
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2.1 QUESTIONS 113 c. You can assign
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2.1 QUESTIONS 115 114. State True o
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2.1 QUESTIONS 117 126. The credit c
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2.1 QUESTIONS 119 140. Negative rev
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2.1 QUESTIONS 121 154. A shortened
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2.2 ANSWERS 123 168. Once you cross
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2.2 ANSWERS 125 80. a-True, b-False
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Chapter 3 ISSUES AND RESOLUTIONS A
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3.2 G/L ACCOUNTING 129 posting key,
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3.2 G/L ACCOUNTING 131 3. Switch of
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3.2 G/L ACCOUNTING 133 The error is
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3.3 AP 135 Ranking order represents
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3.3 AP 137 You can use the BnkT (ba
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3.3 AP 139 transaction code FCHU, w
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3.3 AP 141 Issue No.: 23 While post
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3.4 AM 143 While configuring the pa
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3.4 AM 145 1. Recalculate depreciat
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3.4 AM 147 Issue No.: 36 While capi
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3.4 AM 149 Issue No.: 41 The user i
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3.4 AM 151 for 2007. Now the user w
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3.4 AM 153 If you are trying to put
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3.4 AM 155 In the screen that appea
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3.7 NEW G/L 157 A customer and vend
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160 CHAPTER 4 CONFIGURATION STEPS S
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162 CHAPTER 4 CONFIGURATION STEPS S
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164 CHAPTER 4 CONFIGURATION STEPS F
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174 CHAPTER 4 CONFIGURATION STEPS 4
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182 CHAPTER 4 CONFIGURATION STEPS 4
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Chapter 5 USER TRANSACTION CODES In
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5.1 G/L ACCOUNTING 189 Posting to G
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5.1 G/L ACCOUNTING 191 Display G/L
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5.2 AP 193 Function Name and Path C
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5.2 AP 195 Function Name and Path I
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5.2 AP 197 Period-end Transactions
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5.3 AR 199 5.3 ACCOUNTS RECEIVABLE
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5.3 AR 201 Function Name and Path S
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5.3 AR 203 Period-end Transactions
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5.4 AM 205 5.4 ASSETS MANAGEMENT (A
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5.4 AM 207 Assets Retirement/ Trans
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5.5 CO-CEL 209 Function Name and Pa
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5.6 CO-CCA 211 Function Name and Pa
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5.7 CO-IO 217 Information Systems F
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5.7 CO-IO 219 Function Name and Pat
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5.8 CO-PCA 221 Standard Hierarchy P
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5.8 CO-PCA 223 Information Systems
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Page 247 and 248: 6.2 FI GENERAL 231 FIGURE 6.1 Year-
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Page 323 and 324: INDEX 307 retiring assets in, 148 S
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Page 329 and 330: INDEX 313 G/L accounting in, 232-23
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Page 335 and 336: INDEX 319 data types in, 110 deprec
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