TFIN10 Managerial & Financial Accounting I

Course Goals

Configure and implement the organizational units, master data and documents for Financial Accounting in mySAP ERP Financials Configure and implement the SAP business processes (such as payment, dunning and individual closing)

Target Audience

Solution consultants responsible for implementing Managerial & Financial Accounting with mySAP ERP Financials

Course Content

Overview of mySAP Business Suite Introduction to financial accounting (external accounting) and managerial accounting (internal accounting/controlling) Organizational units, master data and documents in Financial Accounting: - Company code, fiscal year, currencies - Master data in the general ledger and the subsidiary ledger - Document control, postings, clearing opening items, cash journal Handling of payments, dunning, interest calculation, correspondence and closing operations in Financial Accounting: - Automatic payment program with clearing of open items - Automatic dunning program for creating dunning notices, interest calculation and correspondence - Closing operations: Balance sheet structure, preparatory postings - Closing entries in the subsidiary ledgers and in the general ledger, reporting Mini case study