SAP FI-GL Business Blueprint Sample Document

The SAP Financial Accounting (FI) Business Blueprint document details the design and structure of an SAP FI implementation. It serves as a strategic guide that outlines the company’s existing processes (AS-IS), the intended SAP processes (TO-BE), and the blueprint for achieving the desired state. This document is crucial for the project managers, business process owners, and key users to understand and navigate the transition to SAP FI. It provides a clear roadmap for the delivery of the SAP project, bridging the gap between current operations and optimized SAP workflows.

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Basics of Cost Element Accounting in SAP CO for Newbies

Cost Element Accounting helps to track revenues and costs in SAP Cost Accounting System. A cost element corresponds to a cost-relevant item in the chart of accounts.

This presentation provides basics of Cost Center Accounting in SAP for beginners.

  • Cost Element Accounting: Definition, Purpose and Structure
  • Cost Element vs GL Accounting
  • Primary Cost Elements Categories
  • Secondary Cost Elements Categories
  • Cost Elements Group
  • Process Flow Diagram of Creating Cost Elements (Primary and Secondary)
  • Frequently Used Transactions in Cost Element Accounting

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Beginner’s Manual to Asset Accounting in SAP FI

After reading this step by step SAP FI-AA document, you will be able to

  1. Organization structure
    • Define a chart of depreciation
    • Assign a chart of accounts and a chart of depreciation to a company code
    • Describe how Asset Accounting is integrated with Cost Accounting
    • Name asset classes
    • Assign asset classes to assets
    • Define which depreciation areas post their values to the general ledger
  2. Master data
    • Structure assets by creating asset classes
    • Create and change master data in Asset Accounting
    • Process mass changes using a work list
  3. Asset Transactions
    • Post integrated and non-integrated asset acquisitions in the system
    • Post integrated and non-integrated asset retirements in the system
    • Represent intra company and intercompany asset transfers in the system
    • Represent assets under construction in the system
    • Represent unplanned depreciation in the system
  4. Periodic processing
    • Define depreciation areas
    • Describe how a depreciation term is used in different depreciation areas
    • Control the calculation of depreciation
    • Analyze depreciation values
    • Initiate the depreciation posting run
    • Explain the tasks of the fiscal year change and year end closing
  5. Information system /Reporting
    • Choose and execute the various Asset accounting reports
    • Set up variable sorting and totaling for Asset reporting
    • Create the Asset history sheet and structure it to meet your needs
    • Generate a depreciation forecast
    • Simulate depreciation for Assets

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Step by Step Guide to Month End Closing Process in SAP

This document covers the following key points for the month end closing process in SAP:

  • The end of each period is characterized by a series of activities which includes opening of a new accounting period and closing of the current period
  • The Period-End Closing process is divided into four phases: Pre-closing Check/Readiness, Data Collection Closing, Reconciliation and Adjustment and Final Close
  • The G/L, AP and AR clearing is automated. Manual processing will only be conducted for exception items that cannot be reconciled
  • The reconciliation and adjustment phase is used to reconcile account entries across financial siloes and adjust financial postings as necessary
  • The Month End Closing process is considered complete when the posting periods across FI, FM and CO have been locked

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Guide to Account Determination in SAP FI (ECC 6)

Account determinations, also referred to as automatic account assignments, provide consistency, ease of entry, and accuracy in SAP. Account assignments is the responsibility not only of the Financials Management department but also of the Materials Management (MM) or Sales and Distribution (SD).
Configuration of account determinations is done via SAP’s IMG using transaction code SPRO. SAP also provides transaction codes for most of the configuration for quick and easy access to the configuration tables. In this document author will cover these transaction codes in detail.

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