Level:

Level I Essentials

Duration:

2 Days

Outlines:

SAP ERP Financials provides the tools to help companies comply with accounting standards such as U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

The Financial Accounting General Ledger course is structured to provide you the skills how to work with general ledger accounts, balances and line items; post, search and display documents; and generate a set of balanced and reconcilable financial statements such as Balance Sheets, Profit & Loss and Cash Flow.

The course covers best practices in handling general ledger, accounts payable and accounts receivable.

Goals & Objectives: Learn the basic concepts of Financial Accounting master data and business processes Study the Purchase-to-Pay business process and its integration to the General Ledger and Accounts Payable Study integration between the Order to Cash business process and Financial Accounting Recommended Prerequisite: A general understanding of financial accounting term Release: ECC 6.0 EHP4 Audience: End users IT/Business analysts Project team members Management

Content: Case Study GL Overview AP Overview AR Overview BS, P&L Inquiries, Reporting & Information Systems Focus: Procure to Pay Order to Cash Reporting