Month End Closing Processes Guide | SAP FI

Month-End Closing in SAP comprises activities involved in closing a posting period. This document contains several steps and transactions used within the Month-End Closing process for a specific company. After a brief introduction a detailed explanation of the transactions in the main part of the documentation follows. Find below a list of transaction processes covered in this guide;

Read more

SAP Asset Accounting Configuration Document [Realtime Project]

This material, from a realtime project, provides step by step customization/configuration instructions related to Asset Accounting submodule in SAP FI. Following are headlines from the document;

  1. Organizational Structures Configuration
  2. In this section features of the Asset Accounting organizational objects (chart of depreciation, FI company code, asset class) are defined. All assets in the system are assigned to these organizational objects that you defined.

  3. Integration with General Ledger [Ao90]
  4. The system settings and entries you make in this section are required for the integration of Asset Accounting with the General Ledger

  5. Valuation Configuration
  6. In this section,all configurations that have to do with the valuation of fixed assets are made. We define and manage all valuation and depreciation parameters in the chart of depreciation

  7. Depreciation Configuration
  8. The settings for fixed assets depreciation are defined in this section.

  9. Special Valuation Configuration
  10. Master Data Configuration
  11. Transaction Types Configuration

Read more

SAP FI Asset Accounting User Manual

This document provides step by step guides for commonly used business processes by end-users related to Asset Accounting submodule in SAP. You will find explanations of the key and mandatory fields on each transaction screen. Following are highlights from the material;

  • Create Asset Master [AS01], Change Asset Master [AS02], Display Asset Master [AS03]
  • Asset Acquisition [ABZON]
  • Reverse Asset Document [AIST/AB08]
  • Depreciation Run [AFAB]

Read more

SAP AP (Accounts Payable) User Training Manual

In this user training manual for SAP Accounts Payable sub-module, you will find step by step instructions for the following processes in detail;

  • Vendor Master Creation [FK01]
  • Vendor Invoice Processing [FB60]
  • Vendor Credit Memo (Deductions) [FB65]
  • Vendor Down Payment Request [F-47]
  • Vendor Down Payment (Advance to Vendor) [F-48]
  • Logistics Invoice Verification (LIV) [XK01]
  • Vendor Down Payment Clearing [F-54]
  • Vendor Payment- Automatic Payment Program [F110]
  • Vendor Payment with Check Printout [F-58]

Read more

SAP CIN FI Configuration Guide: Enterprise Structure

This document covers the requirements and the customization details of the Financial Accounting enterprise structure in SAP. This includes configuration for setting up the enterprise structure and assigning organizational units to the structure defined. Covered topics are;

  • Enter Exchange Rates (Table V_TCURR)
  • Define Company (Table T880) , Define, copy, delete, check Company Code (Table T001) , Define Business Area (Table TGSB)
  • Assign Company Code to Company (Table V_001_Y)
  • Enter Global Parameters to Company Code (Table V_001_B)
  • Activate Extended Withholding Tax (Table T001_EXT)
  • Maintain fiscal year variant [T.Code OB29] (Table T009_A)
  • Allocate company code to fiscal year variant [T.Code OB37] (Table V_001_U)
  • Define variants for open posting periods [T.Code OBBO] (Table T010O)
  • Open and close posting periods [T.Code OB52] (Table V_T001B)
  • Define Document number ranges [T.Code FBN1]
  • Define document types [T.Code OBA7]
  • Define posting keys [T.Code OB41] (Table TBSL, RBSL)
  • Maintain field status variants [T.Code OBC4] (Table V_T004V)
  • Define Tax jurisdictions
  • Define Withholding Tax Type for Invoice Posting/Payment Posting, Define Withholding Tax Codes, Assign Withholding Tax Types to Company Codes
  • Activate Extended Withholding Tax

Read more

Migrating Fixed Assets into SAP

This document will discuss loading fixed assets using the standard load program RAALTD01, although two alternatives are briefly discussed. You will also be guided for how to overcome the common problems in migrating fixed assets into SAP. Following are covered in this guide;

  • Load Methods (BDC recording of transaction AS91, Business object BUS1022, Standard load program RAALTD01)
  • Data structures in the asset load program RAALTD01 – BALTD and BALTB
  • Common problems (Alpha conversion, Missing customising, Legacy asset number, NBV – Net book value, Time-dependent data, Mid-year asset migration, Assets created in this year, Asset disposals, Depreciation areas

Read more