Outlining Processes in Payables Management
Unit 1
Defining Payables Management and Its Organisational Structure
2 Lessons
2 hrs 10 mins
After completing this unit, you will be able to:
- Explain the concept of payables management and its role in the company's financial operations
- Identify the business partner concept with the example of payables management
- Recognize basic vendor processes
- Remember the connection between payables management and the general ledger
- Recall the most important reporting and analysis tools of payables management
Outlining Processes in Receivables Management
Unit 1
Defining Receivables Management and its Organizational Structure
2 Lessons
2 hrs 10 mins
After completing this unit, you will be able to:
- Perform the tasks associated with the role of Receivables Management Accountant
- Identify the business partner concept with the example of receivables management
- Execute the steps of the Lead-to-Cash process
- Issue customer correspondence
- Navigate to postings and transactions in the general ledger and receivables management
- Recall the most important reporting and analysis tools of the receivables management
Outlining Processes in Record to Report
Unit 1
Describing the Steps in the Record to Report Process and How Financial Transactions are Recorded in the Universal Journal
2 Lessons
9 mins
After completing this unit, you will be able to:
- Describe the stages of the record-to-report process and identify how SAP solutions can be used here
- Understand how financial transactions are recorded in the Universal Journal
Unit 2
Outlining How the Universal Journal is Supporting Various Reporting Requirements
5 Lessons
6 mins
Unit 3
Identifying Parts that Record All Value-Related Business Transactions and How the Enterprise Structure is Used for It
2 Lessons
2 mins
Outlining Processes in Asset Accounting
Unit 1
Understanding Assets, Their Life Cycle, and Organizational Structure
3 Lessons
1 hr 45 mins
After completing this unit, you will be able to:
- Identify all important parts of an asset life cycle
- Outline assets organizational structure according to asset classes
- Create asset master data
- Identify the connection between Asset Accounting and General Ledger Accounting
- Enter an integrated asset invoice in the accounting system
- Verify financial statements from an asset accountant point of view
- Analyze the Asset History Sheet
- Valuate assets using different deprecation rules
- Explain how assets may be represented based on different valuations with the help of valuation views and depreciation areas
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