After completing this unit, you will be able to:

• create a new company code.
• configure the preparation for consolidation
• define segments and segment derivation

After completing this unit, you will be able to:

• manage the basic settings of a chart of accounts
• identify various chart of accounts types
• explain the chart of accounts segments

After completing this unit, you will be able to:

• explain document types in financial accounting
• explain posting keys in financial accounting
• explain field status groups in financial accounting

After completing this unit, you will be able to:

• define posting control for financial document processing
• explain default values for posting control in financial accounting
• configure change control for financial documents

After completing this unit, you will be able to:

• explain the concept of document clearing in general ledger accounting
• configure general ledger accounts for open item management

After completing this unit, you will be able to:

• Configure a financial statement version.
• Use semantic tags in financial statement versions.