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SAP FINANCIALS

TOPIC-WISE CONFIGURATION STEP’S & TCODE’S


Basic settings for SAP Financials
Configuration steps:

 Define company (OX15)


 Define company code(OX02)
 Assign company code to company(OX16)
 Define segment
o Path: SPRO---enterprise structure---definition---financial accounting---define
segment---IMG activity button---select “new entries” button
 Define chart of accounts (OB13)
 Assign company code to chart of accounts (OB62)
 Define account group(OBD4)
 Define retained earnings account(OB53)
 Maintain fiscal year variant (OB29)
 Assign company code to fiscal year variant (OB37)
 Define posting period variant (OBB0)
 Assign variant to company code(OBBP)
 Open and close posting period (OB52)
 Define document types & number ranges (OBA7)
 Field status variant and field status group (OBC4)
 Assign company code to field status variant (OBC5)
 Define tolerance group for G/L accounts(OBA0)
 Define tolerance group for employees(OBA4)
 Assign country to calculation procedure (OBBG)
 Maintain controlling area (OKKP)
 Set controlling area (OKKS)
 Maintain profit centre group (0KE5)
 Classify G/L account for document splitting
o Path: SPRO---financial accounting (new) ---general ledger accounting (new)
---business transaction---document splitting---classify G/L account for document
splitting
 Activate document splitting
o Path: same as above
 Enter global parameters (OBY6)

GENERAL LEDGER ACCOUNTING


Foreign currency transactions:
Configuration steps:

 Check exchange rate types (OB07)


 Define transaction ratios for currency translation(OBBS)
 Enter exchange rates (OB08)

INTEREST CALCULATIONS

Configuration steps:

 Define interest calculation types (OB46)


 Prepare account balance interest calculation (OBAA)
 Define reference interest rate(OBAC)
 Define time-dependent terms(OB81)
 Enter interest values(OB83)
 Creation of G/L masters (FS00)
 Assignment of accounts for automatic posting (OBV2)

FOREIGN CURRENCY BALANCES REVALUATION


Configuration steps:

 Creation of general ledger masters (FS00)


 Define accounting principles
Path: Spro---financial accounting (new) ---financial accounting global settings
(new) ---ledger---parallel accounting
 Assign accounting principle to ledger group
Path: same as above
 Define valuation methods
Path: financial accounting (new) ---general ledger accounting (new) ---periodic
processing---valuate---define valuation method---select”new entries”
 Define valuation areas
Path: same as above--- select “new entries”
 Assign valuation areas and accounting principles
Path: same as above---select “new entries”
 Prepare automatic posting for FC valuation(OBA1)
 Assign exchange rate difference key in general ledger masters(FS00)

ACCOUNT PAYABLE'S
Basic settings for FI vendor
Configuration steps:

 Define vendor account group (OBD3)


 Create number ranges for vendor accounts (XKN1)
 Assign number ranges to vendor account groups (OBAS)
 Define tolerance group for vendors(OBA3)
 Creation of 2 General ledger masters(FS00)
 Creation of vendor masters(XK01)
 Document types and number ranges(OBA7)
 19---KR---VENDOR INVOICE
 15---KZ---VENDOR PAYMENT
 17---KA---VENDOR DOCUMENT

HOUSE BANKS
Configuration steps:

 Creation of general ledger master (FS00)


 Define house banks (FI12)
 Creation of check lots (FCH1)

ADVANCE PAYMENTS TO VENDORS


Configuration steps:

 Creation of general ledger master "Advance to vendors A/C" (FS00)


 Link between sundry creditors and advance to vendors (OBYR)

TERMS OF PAYMENT (OBB8)

CASH DISCOUNT
Configuration steps:

 Creation of general ledger master cash discount receipt—other income (FS00)


 Assignment of account for automatic posting (OBXU)
ACCOUNTS RECEIVABLES
BASIC SETTINGS FOR FI CUSTOMERS
Configuration steps:

 Creation of customer account groups (OBD2)


 Create number ranges for customer accounts (XDN1)
 Assign number ranges to customer account groups (OBAR)
 Creation of G/L masters(FS00)
 Creation of customer master (XD01)
 Document types and number ranges (OBA7)
 DR-customer invoice
 DZ-customer payment
 DA-customer transfers/reversals

ADVANCE RECEIPT FROM CUSTOMERS


Configuration steps:

 Creation of G/L masters (FS00)


 Link between sundry debtors and advance from customers (OBXR)
 To view customer account transactions (FBL5N)

DUNNING
Configuration steps:

 Define dunning areas (OB61)


 Define dunning procedures (FBMP)
 Assign dunning procedure in customer masters (XD02)

ASSET ACCOUNTING
Configuration steps:

 Copy reference chart of depreciation/depreciation areas(EC08)


 Assign chart of depreciation to company code (OAOB)
 Specify account determination
Path: spro—financial accounting—asset accounting—organisation structure—asset classes
—specify account determination—select “new entries” button
 Create screen layout rules
Path: same as above
 Define number range intervals (AS08)
 Define asset class(OAOA)
 Define screen layout for asset master data
Path: spro—financial accounting—asset accounting—master data—screen layout—define
screen layout for asset master data—double click on “define screen layout for asset master
data”
 Define screen layout for asset depreciation areas (AO21)
 Determine depreciation areas in the asset class (OAYZ)
 Creation of 15 General ledger masters (FS00)
 Assignment of accounts for automatic posting (AO90)
 Specify document type for posting of depreciation (AO71)
 Specify intervals and posting rules (OAYR)
 Specify account assignment type for account assignment objects (ACSET)
 Specify rounding of net book value and/or depreciation (OAYO)
 Depreciation keys creation
Path: spro—financial accounting—asset accounting—depreciation—valuation methods—
depreciation key—calculation method—define base method
 Define base method
 Define decline balance method
 Define multilevel method
 Maintain period control method
 Maintain depreciation keys
 To make cost center field optional for field status group G067 i.e., Reconciliation account
(OBC4)

BANK RECONCILIATION STATEMENT


Configuration steps:

 Creation of 5 G/L masters (FS00)


 Define House bank (FI12)
 Creation of check lots (FCHI)
 Define posting keys and posting rules for check deposit
 Path: spro—financial accounting—bank accounting—business transaction—check deposit
—define posting keys and posting rules for check deposit—chart of account(give what you
created)—enter—select “new entries” button
 Create and assign business transactions (OT53)
 Define variants for check deposit (OT45)
 Create and assign business transaction for manual bank statement
 Path: spro—financial accounting—bank accounting—business transaction—payment
transactions—manual bank statement—create and assign business transaction—select
“new entries” button
 Define variants for manual bank statement (OT43)

CASH JOURNAL
Configuration steps:

 Creation of G/L master cash account (FS00)


 Define number range intervals for cash journal documents
 Path: spro—financial accounting—bank accounting—business transaction—cash journal—
define number range intervals for cash journal documents
 Setup cash journal
 Path: same as above
 Create, change, delete, business transaction
 Path: same as above
 Setup print parameters for cash journal
 Path: same as above

FINANCIAL STATEMENT VERSION


Configuration steps:

 Define financial statement version (FSE2)

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