SAP R/3

Financial
Configuration Training

Financ ial Accoun ting

OBJECTIVE
Training Objective:
To guide the core user on basic & operational configuration changes that are likely to be required on a periodic basis (Module specific configuration documentation may be referred for more details) Note: Changes to configuration are to be done with utmost care and involve other related module leaders, as required

Introduction to Configuration

Customizing with respect to TEIL

Company Code
Eg : STBG

Need for Configuration

Plant

Eg : 1000 Bangalore Eg : TURB Turbine

Business Area

Documentation & Control

Configuration documentation for FI Transport Requests ( From DEV 400 to DEV QA to PRD 100 )

Broad Configuration Areas

General Settings Enterprise structure Financial Accounting
Financial Accounting Global Settings General Ledger Accounting Accounts Receivable and Accounts Payable Bank Accounting Asset Accounting

Config details
1 General Settings 1.0 General Settings Currencies Enter exchange rates Various currency exchange rates can be maintained here. (Refer FI_CD_Ver1.0 Sec 1.1.3.1) 2 Enterprise Structure 2.0 Enterprise Structure Definition Financial Accounting Defining Business Area Business areas can be created here (Refer FI_CD_Ver1.0 Sec 1.2.1.4)

Config details
2.1 Enterprise Structure Assignment Logistics General Assign Business Area to Plant/Valuation Area and Division In this step you assign the plant / valuation area and division combination to a business area to enable automatic business area account assignment. (Refer MM_CD_Ver1.0 Sec )

3.0 Financial Accounting Global Settings 3.0 Financial Accounting Global Settings Document Posting periods

Config details
Open and Close Posting Periods In this step we can specify which accounting periods are open for posting (Refer FI_CD_Ver1.0 Sec 2.2.1.2) 3.1 Financial Accounting Global Settings Document Document Header Define Document Types In this step we can create new document types (Refer FI_CD_Ver1.0 Sec 2.2.3.1) 3.2 Financial Accounting Global Settings Document Line Items Control

Config details
Maintain Field Status Variants In the above step we can manage the field status of GL accounts during transaction usage. (Refer FI_CD_Ver1.0 Sec 2.2.4.1.2) 3.3 Financial Accounting Global Settings Document Line Items Define Texts for Line Items This setting can be used for predefined reusable narration. (Refer FI_CD_Ver1.0 Sec 2.2.4.6)

Config details
3.4 Financial Accounting Global Settings Tax on Sales/Purchases Calculation
Define

Tax Codes for Sales and Purchases

This setting can be used for creating new tax codes (Refer FI_CD_Ver1.0 Sec 2.2.11.1) 3.5 Financial Accounting Global Settings Tax on Sales/Purchases Under Posting Define Tax Accounts In this setting we attach GL account to the above tax code for direct postings to the GL account (Refer FI_CD_Ver1.0 Sec 2.2.11.5)

Config details
3.6 Financial Accounting Global Settings Withholding Tax Extended Withholding Tax Calculation
Define Withholding Tax Type for Invoice Posting

In this setting we can create new TDS types for TDS at the time of invoice (Refer FI_CD_Ver1.0 Sec 2.3.1.2.2) 3.7 Financial Accounting Global Settings Withholding Tax Extended Withholding Tax Calculation Define Withholding Tax Type for Payment Posting In this setting we can create new TDS types for TDS at the time of invoice (Refer FI_CD_Ver1.0 Sec 2.3.1.2.2)

Config details
3.8 Financial Accounting Global Settings Withholding Tax Extended Withholding Tax Calculation Withholding Tax Codes Define Withholding Tax Codes In this setting we can create TDS codes (Refer FI_CD_Ver1.0 Sec 2.3.1.3.1) 3.9 Financial Accounting Global Settings Withholding Tax Extended Withholding Tax Company code Assign Withholding Tax Types to Company Codes The tax types created above have to be attached to the company code (Refer FI_CD_Ver1.0 Sec 2.3.1.6.1)

Config details
3.10 Financial Accounting Global Settings Withholding Tax Extended Withholding Tax Postings Accounts for Withholding Tax Define Accounts for Withholding Tax to be Paid Over In this setting we attach the GL account to the TDS code for automatic postings (Refer FI_CD_Ver1.0 Sec 2.3.1.7.1.1)

4.0 General Ledger Accounting 4.0 General Ledger Accounting Business Transactions Under Open Item Clearing

Config details
Prepare Automatic Clearing Here we can define the rules for automatic clearing (Refer FI_CD_Ver1.0 Sec 3.5.1.6)

4.1 General Ledger Accounting Business Transactions Under Closing Documenting Define Financial Statement Versions In this setting we can define financial statement versions for reporting purpose. (Refer FI_CD_Ver1.0 Sec 3.5.5.3.1)

Config details
5.0 Accounts Receivable and Accounts Payable 5.0 Accounts Receivable and Accounts Payable Business Transactions Outgoing Payments Automatic Outgoing Payments Payment Method/Bank Selection for Payment Program Set Up Payment Methods per Country for Payment Transactions When ever a payment method is to be created , it has to be created first in the payment methods of the country (Refer FI_CD_Ver1.0 Sec 4.3.5.1.3)

Config details
5.1 Accounts Receivable and Accounts Payable Business Transactions Outgoing Payments Automatic Outgoing Payments Payment Method/Bank Selection for payment program

Set Up Payment Methods per Company Code for Payment Transactions

After creating the payment method in the country , the next step is to create in the payment methods for company code (Refer FI_CD_Ver1.0 Sec 4.3.5.1.4)

Config details
5.2 Accounts Receivable and Accounts Payable Business Transactions under outgoing payments under Outgoing Payments Automatic Outgoing Payments Payment Method/Bank Selection for payment program

Set Up Bank Determination for Payment Transactions

In this setting we can attach the Bank GL account to the payment method. (Refer FI_CD_Ver1.0 Sec 4.3.5.1.5)

Config details
5.3 Accounts Receivable and Accounts Payable Business Transactions under Outgoing Payments Automatic Outgoing Payments payment media Check management Define Number Ranges for Checks In this setting we create the physical check numbers in the system (Refer FI_CD_Ver1.0 Sec 4.3.5.4.7) 5.4 Accounts Receivable and Accounts Payable Business Transactions Open Item Clearing Prepare Automatic Clearing Here we can create rules for automatic clearing (Refer FI_CD_Ver1.0 Sec 4.3.9.6)

Config details
5.5 Accounts Receivable and Accounts Payable Business Transactions Postings with Alternative Reconciliation Account Other Special G/L Transactions Define Alternative Reconciliation Account for Customers In this setting we define Special GL transactions for Customers (Refer FI_CD_Ver1.0 Sec 4.3.15.1.17)

5.6 Accounts Receivable and Accounts Payable Business Transactions Postings with Alternative Reconciliation Account Other Special G/L Transactions

Config details
Define Alternative Reconciliation Account for Vendors In this setting we define Special GL transactions for Vendors(Refer FI_CD_Ver1.0 Sec 4.3.15.1.18) 6.0 Bank Accounting 6.0 Bank Accounting Bank Accounts Define House Banks In this setting we can create house banks(Refer FI_CD_Ver1.0 Sec 3.6.2.1)

Config details
6.1 Bank Accounting Business Transactions Cash Journal Set Up Cash Journal This setting can be used for creating new cash books(Refer FI_CD_Ver1.0 Sec 3.6.2.2.4.4) 6.2 Bank Accounting Business Transactions Cash Journal Create, Change, Delete Business Transactions In this setting you can manage the cash journal business transactions(Refer FI_CD_Ver1.0 Sec 3.6.2.2.4.5)

Config details
7.0 Asset Accounting 7.0 Asset Accounting Organizational Structures Specify Account Determination This setting can be used for creating new asset GL accounts(Refer FI_CD_Ver1.0 Sec 5.1.5.1) 7.1 Asset Accounting Organizational Structures asset classes Define Asset Classes In this setting we can manage asset classes(Refer FI_CD_Ver1.0 Sec 5.1.5.4)

Config details
7.2 Asset Accounting Integration with the General Ledger Assign G/L Accounts Here we can assign the GL accounts for acquiring costs and depreciation. (Refer FI_CD_Ver1.0 Sec 5.2.1.2) 7.3 Asset Accounting Depreciation under Valuation Methods Depreciation Key Calculation Methods Define Multi Level Methods Here we define the depreciation rates(Refer FI_CD_Ver1.0 Sec 5.5.4.1.4)

Config details
7.4 Asset Accounting Depreciation Valuation Methods Depreciation Key

Maintain Depreciation Key

In this setting we can change the characteristics of the depreciation key(Refer FI_CD_Ver1.0 Sec 5.5.4.3)