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Payables Management Master Data

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Unit 1

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Managing Supplier Master Data

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1 Lesson

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1 hr

After completing this unit, you will be able to:

  • Describe the process of creating a new supplier, including the assignment of appropriate groupings
  • Apply the knowledge of working with CPD suppliers, and manage their relationships
  • Analyze supplier master data in SAP S/4HANA Cloud

Payables Invoice Processing

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Unit 1

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Processing Incoming Supplier Invoices

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3 Lessons

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2 hrs 5 mins

After completing this unit, you will be able to:

  • Outline payables process
  • Post supplier invoices and supplier credit memos
  • Hold and park incoming invoices
  • Manage supplier open and cleared items
  • Reverse and reset supplier postings

Outgoing Payment Process

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Unit 1

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Outgoing Manual Supplier Invoices

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1 Lesson

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29 mins

After completing this unit, you will be able to:

  • Explain how to process manual payments

Payables Management Period-End Closing Activities

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Unit 1

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Illustrating Payables Management Period-End Closing Activities

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5 Lessons

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2 hrs 50 mins

After completing this unit, you will be able to:

  • List key closing activities related to accounts payable briefly
  • Manage the GR/IR clearing account using the Monitor GR/IR Account Reconciliation Fiori app
  • Schedule and monitor the creation of balance confirmations using the apps Schedule Accounts Payables Jobs and Manage Balance Confirmations for Suppliers
  • Execute the valuation of open supplier items in foreign currency using the Foreign Currency Valuation job template
  • Process the grouping of accounts payable open items by due date using the job template Regroup Receivables / Payables
  • Execute the reclassification of suppliers with debit balance using the Regroup Receivables / Payables job template
  • Explain the regrouping of accounts payable open items due to changed reconciliation account

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Record of Achievement

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Describing the Payables Management Process in SAP S/4HANA

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