IVC Business Services Ltd

Objectives

• Understand the SAP’s approach and solutions for Industry 4.0
• Become familiar with the configuration and usage of Global Settings for Financial Accounting, General Ledger Accounting, Accounts Receivable, and Accounts Payable.
• Become familiar with the configuration and usage of Asset Accounting and Closing Operations

Course Content

Section 1

• Introduction of Industry 4.0
• SAP´s Industry 4.0 Approach
• SAP´s Solutions for Industry 4.0

Section 2

• Financial Accounting Organizational Units
• Financial Accounting Master Data
• Financial Document Control
• Financial Document Postings
• Automatic Payment Processing with clearing of open items
• Automatic Dunning Processing for creating dunning notices
• Correspondence
• Special G/L transactions and document parking
• Validations and substitutions in Financial Accounting
• Archiving in Financial Accounting

Section 3

• Organizational structures, master data, and business processes in Asset Accounting
• Chart of depreciation, depreciation area, asset classes, master data, asset transactions, valuation, periodic processing, investment support measures, information system, and asset legacy data transfer
• Overview of month and year-end accounting processes in Financial Accounting Balance sheet and P&L
• Preparatory closing postings in subledgers and the general ledger
• Financial Closing Cockpit
• Configuration of periodic closing in Financial Accounting