There are two target groups that use information from financial Accounting : External Users : These users

usually require published information in conformance with legal requirements. This data is managed in the application FI Financial Accounting. Internal Users : These users may come from any level in the organization. They need information about the internal operations of the organization. This data is stored in the application CO controlling. The General Ledger (G/L) contains records of all posting relevant business transactions in G/L Accounts. In order to get a better overview, the general ledger frequently contains only collective postings. In these cases the individual posting data is recorded in Subledgers, which then forward their data to the general ledger in summarized form.

The Accounts Payable Accounting (AP) records all business transactions that affect the relationships to vendors. It gets a lot of its data from purchasing ( MM Materials Management ). The Accounts Receivable Accounting (AR) records all business transactions that affect the relationships to customers. It gets a lot of its data from Sales and Distribution (SD). The Asset Accounting (AA) records all transactions that are related to the management of assets. The Travel Management (TV) manages and calculates travels costs and supports travel planning and invoicing. The Bank Ledger (BL) supports the posting of cash flow. Enterprise Structure : Customization Transaction Codes: SPRO -Creation of Company. SPRO - Creation Of Company Code. SPRO - Assign Company Code to Company. SPRO - Define Business Areas. OB29 - Define Fiscal Year Variant. OB37 - Assign Company Code to Fiscal Year Variant. OB13 - Create Chart of Account. OB62 - Assign Company Code to Chart of Account. OBD4 - Create Account Groups. OB53 - Define Retained Earning Accounts. OBBO - Define Posting Period Variant. OBBP - Assign Posting Period Variant to Company Code. OB52 - Open & Close Posting Periods. OBA7 - Define Documents Types & Number Ranges. OBA4 - Define Tolerance Groups for Employees. SPRO -Assign Users to Tolerance Groups. SPRO -Maintain Field Status Variants. OBC5 - Assign Company Code to Field Status Variant. OBY6 - Enter Global Parameters.

General Ledger: FS00 - Create GL Master.

F-02 - GL Posting. FB03 - Document Display. FS10N - Account Display. FB00 - To Make Default Line Layout. FS04 - Display GL Master Changes. F-65 - Documents Parking. FBV3 - Display Parked Documents. FBV0 - Post / Delete Parked Documents. OBBS - Define Translation Ratios for Currency Transaction. OB08 - Enter Exchange Rate Types Sample Documents: FBN1 - Define Number Range group "X2" For Sample Documents. F-01 - Creation of Sample Documents. Template FBM3 - Display Sample Documents. Accrual / Deferral Documents: SPRO - Define Reasons for Reversal. FBS1 - Creation of Accrual / Deferral Documents. F.81 - Reverse Accrual / Deferral Documents. Recurring Documents: FBN1 - Define Number Range Group "X1" for recurring Docs. FBD1 - Creation of Recurring Documents (Templates). F.15 - Display Recurring Documents. F.14 - Execute Recurring Entries. (Creation of Recurring Document Session.) SM35 - Process Batch Input Session. Document Reversal: SPRO -Define Reasons for Reversal. FB08 - Individual Reversal. F-02 - Reversal of Reversal. (Post with reference & generate reverse posting.) F.80 - Mass Reversal. FBRA - Cleared Item Reversal Interest Calculation ( Balance Interest) OB46 - Define Interest Calculation Types. OBAA - Define Account Balance Interest Calculation. OBAC - Define Reference Interest Rates. OB81 - Define Time Dependent Terms. OB83 - Enter Interest Values. OBV2 - Assignment of Accounts for Automatic int. Postings. F.52 - Interest Calculation Run.

Interest Calculation (Item Interest) OB46 -Define Interest Calculation Types. ? - Prepare Interest Calculation on Arrears. OBAC - Define Reference Interest Rates. ? - Define Time Based Terms. OB83 - Enter Interest Values. F.2B - Calculation of Interest on Arrears. OBV1 Cash Journal: FS00 - Create of GL Account for Cash Journal. OBA7 - Define Document Type for Cash Journal. FBCJC1 - Define Number Range Interval for Cash Journal Doc. FBCJC0 - Setup Cash Journal. FBCJC2 - Create, Delete & Change Business Transactions. FBCJ - Cash Journal Posting. Foreign Exchange: OB59 - Define Valuation Methods. FS00 - Create GL Accounts. FC Loan account with account currency USD and Open Item Management, Forex Profit and Forex Loss. OBA1 - Prepare Automatic Postings for FC Valuation. (Exchange Rate Difference in Open items - KDF & Exchange rate difference in FC Balances - KDB) FS00 - Attach the Exchange Rate difference key in FC Loan Account. OB08 - Enter Exchange Rates. F.05 - Valuation of Open Items in Foreign Currency.( Forex run on Closing Date. Configuration of GL Fast Entry Screen. O7E6 - Maintain Fast Entry Screen For GL Accounts. FB00 - Attach the Screen in Enjoy Transaction: SPRO - Define Document Types for Enjoy Transactions. (IMG FA GLBT GL POSTING ENJOY Define DOC Type for Enjoy Screens.) FB50 - Attach the Doc. Type for Enjoy Screen. Tax on Sale & Purchases: OBQ3 - Define Procedure. SPRO - Assign Country to Calculation Procedures. FTXP - Define Tax Codes for Sales and Purchases. FS00 - Create GL Accounts - Sales Tax Payables. OB40 - Define Tax Accounts. XD02 - Assign Sales Tax Code in Customer Master.

FS00 - Assign Tax Codes in Sales GL Accounts.( * For All Tax Codes.) Extended Withholding Tax: SPRO -Check Withholding Tax Countries. SPRO -Define Withholding Tax Type for Invoice Posting. SPRO -Define Withholding Tax Type for Payment Posting. SPRO -Define Withholding Tax Codes. SPRO -Define Formulas for Calculating Withholding Tax. SPRO -Assign Withholding Ta Types to Company Code. SPRO -Activate Extended Withholding Tax. OBWW - Define Accounts for Withholding Tax to be Paid Over. Accounts Payables: Customization Transaction Codes:

Vendor Master Setup: OBD3 - Define Vendor Account Groups XKN1 - Create Number Ranges for Vendor Accounts OBAS - Assign Number Ranges to Vendor Groups OBA3 - Define Tolerance Groups for Vendors OBA7 - Document Types and assignment of document number ranges. Bank Account setup: FI12 - Define house banks( Assign Bank GL to Account ID) FCHI - Creation of Check Lots Down Payment: OBYR - Define alternative reconciliation a/c for down payments. Terms of Payment: OBB8 - Maintain Terms of Payment. OBXU - Define Accounts for Cash Discounts Taken. Accounts receivable is one of a sub module of SAP. It is integrated with others modules of SAP-SD, SAP-M. It deals with series of accounting transactions relating to billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. In most business entities this is typically done by generating an invoice and mailing or electronically delivering it to the customer which is to be paid within an established timeframe called credit or payment terms. These are the few associated tables of SAP accounts receivable: KNA1 Customer master KNB1 Customer / company KNVV Customer sales data KNBK Bank details KNVH Customer hierarchy KNVP Customer partners KNVS Shipment data for customer KNVK Contact persons KNVI Customer master tax indicator BSAD Accounting: Index for customers (cleared items) KLPA Customer / Vendor Linking KNB4 Customer Payment History KNB5 Customer Master Dunning Data KNBK Customer Master Bank Details KNC1 Customer Master Transaction Figures KNC3 Customer Master Special GL Transactions Figures

Accounts Payables: Business Process Transaction Codes:

FS00 XK01 F-43 FBL1N FK10N

- Create Reconciliation Account SUNDRY CREDITORS - Creation of Vendor Master - Vendor Invoice Posting - Vendor Line Item Display - Vendor Account Display

Outgoing Payments: F-53 - Outgoing Payment Posting with clearing. FCH5 - Manual Check Update. FCHN - Check Register Display. FCH6 - Check Encashment Update. FCHV - Define Void reason codes for check cancellation. FCH3 - Unused check Cancellation. FCH8 - Issued Check Cancellation, Reset Cleared items, Cancel the checks & Reverse the Payment. Down Payments to Vendors (Spl. Indicator "A") F-48 -Down Payment Posting F-54 -Down Payment Clearing F-44 -Account Clearing Vendor Statement of Accounts: OB78 - Assign Programs for Correspondece. FB12 - Request for Correspondence. F.64 - Maintain Statement. Credit Memos: OBA7 -Define Document Types. F-41 - Vendor Credit Memo Posting Accounts Payable Tables LFA1 Vendor master LFB1 Vendor per company code LFB5 Vendor dunning data LFM1 Purchasing organization data LFM2 Purchasing data LFBK details BSAK Bank

Accounting: Index for vendors (cleared items Automatic Payment Program:

House Bank Configuration FI12. Enter Company code and select House Bank tab. Click on the Create bank to create a new house bank Enter Bank Country and bank key details and click Bank Accounts. Enter the Bank Account num and the Bank GL account. Payment Program Configuration FBZP o All Company Codes Enter Sending and Paying Company Code, outgoing payment with cash discount from. o Paying Company Code Enter Minimum amount of Incoming and outgoing payment and Form for the Payment advice. o Payment methods by country Select Check will be created, Allowed for personal payments, Street P.O. box or P.O. box pst code (bank details for Wire transfer) and RFFOUS_C (RFFOUS_T for wire transfer) as the print (payment) program. o Payment methods by Company Code Enter min and max amounts and form for payment transfer. Payment per due day, optimize by bank group or postal code can also be selected. o Bank Selection If more than one house bank, ranking order can be given. Under Amounts,

amount available for outgoing payment should be given. Under Accounts, enter bank-clearing account for bank sub account.

Define Check numbers FCHI and Void Reasons - FCHV

Payment Run F110 Enter Run Date and Identification and go to parameters tab. Enter Company codes, payment methods, next pay date and vendor accounts. Go to Additional Log Tab and select Due date check, Payment method selection in all cases and line items of the payment documents. Go to Print out/data medium tab, enter variant against the Payment program and select Maintain Variants. Enter Paying company code, House bank details, and check lot number. Select Print Checks and Print payment summary for checks and Print payment advice notes for Wire (enter printer and select print immediately). Also make no. of sample printouts to zero. Then execute Proposal, Payment run and Printout. Number range 20 should be defined. Accounts Receivable: Customization Transaction Codes: Customer Master: OBD2 - Define Customer Accounts Groups. XDN1 - Create Number Ranges for Customer Accounts. OBAR - Assign Number Ranges to Customer Accounts Groups.

Payment Terms: OBB8 - Maintain Terms of Payment.

Account Assignment for Payment Difference / Discounts. OBXT - Define Accounts for Cash Discounts Granted. OBXL - Define Accounts for Over Payments / Under Payments. OB00 - Define Accounts for Rounding Differences. Down Payment: OBXR - Define alternative Reconciliation Account. Bills of Exchange: OBYN - Define Alternative Reconciliation a/c for Bills of Exchange Receivable. OBYK - Define Bank Sub Account. OBXK - Define Accounts for Bank Changes. Dunning: OB61 - Define Dunning Areas. FBMP - Define Dunning Procedure. XD02 - Assign Dunning Procedures to Customer Masters. Open Item Valuation: (Foreign Currency) OB59 - Define Valuation Methods. OB09 - Define Accounts for Exchange Rate Difference Accounts Receivable: Business Process Transaction Codes: FS00 - Create Reconciliation Account. XD01 - Create Customer Master. OBA7 - Document Types and Number Ranges. F-22 - Sale Invoice Posting FBL5N - Customer Account Display. FD10N - Customer Account Display. F-28 - Incoming Payment Posting with Clearing. Down Payment (Spl. GL Indicator "A") F-29 - Customer Down Payment Posting. F-39 - Down Payment Clearing. F-32 - Account Clear. Bills of Exchange (Spl. GL Indicator "W") F-36 - Posting Bills of Exchange. F-33 - Bills Discount with Bank. S_ALR_87012213 - Bill of Exchange Management.( To see Customer wise, due date wise outstanding.) FBL3N - Bank wise Outstanding. F-20 - Reverse Contingent Liability. Dunning: F150 -Dunning Run. Open Item Valuation: (Foreign Currency)

F.05 -Forex Run on Closing Date. Dunning : Customization & Business Process
Dunning Procedure FBMP. Define dunning procedure id, dunning interval in days, no. of dunning levels, interest id, dunning charges, minimum amount for dunning, dunning texts. Also there is a separate dunning level tab where we mention when dunning notice should be sent and from which interest should be calculated. Dunning Levels tab in dunning procedure. Dunning Areas OB61. The Dunning area represents an organizational entity, which is responsible for dunning. Ex: 01 for domestic customer, 02 for foreign customer. Add dunning procedure to the Customer/Vendor Master record. Dun F150. Process Batch in SM35.

Interest Calculation: Customization & Business Process

Define Interest Calculation Types OB46 define Interest indicator. Also specify either Item Interest calc or balance Interest calc. Prepare Interest Calculation OB82 for Arrears, OBAA for Account Bal. Define reference Interest Rates OBAC specify reference rate id, currency type and effective from. Define Time Dependent Terms OB81. Assign ref. Int. rates to interest indicators. Enter Interest Values OB83. Specify required interest rates Assign Interest Indicator to the General Ledger / Customer Master / Vendor Master Record. Account assignments (either income/expense account and G/L account) OBV2, OBV3, OBV1, OBV9. Also specify posting specifications. Post a transaction on Loan account/ Customer/ Vendor. Interest Calculation F.52 for Loans, F.26 for Balance interest cal for customers, F.2A, F.2B, F.2C and F.24 on cust Arrears, F-44 for Bal. int. cal for Vendors, F.4A, F.4B, F.4C and F.47 on Vendor Arrears Go to SM35 and process Batch.

Creation Customer Master by LSMW