FI

FI Overview: 

FI Overview FI AP AR AM GL CON Special Ledger

Financial Accounting: 

G/L Reporting Legal or external reporting Balance sheet Income Statement Statement of Financial Position Financial Accounting

Financial Accounting: 

Stockholders Bankers, Lenders IRS, Taxing Authority External Auditors SEC Financial Accounting External Accounting Balance Sheet Profit & Loss Financial Position

CO/EC Overview: 

CO/EC Overview COMPONENT Cost Center Acctg - CO-CCA Internal Orders CO-OPA Projects - PS Product Costing - CO-PC Activity Based Costing Profitability Analysis-CO-PA Profit Center Acctg-EC-PCA Executive Info. System-EC-EIS VIEW Costs Costs Costs Costs Costs Profits Profits Any data ROLE Cost Tracking Small Projects Large Projects Product Costing Cost Management Margin by multi-cuts Profit & Loss Repsons. Cross-module reports

Controlling: 

Internal management reporting Reports by cost centers or other cost “objects” and cost elements Cost centers Orders and Projects Budget/plan Actual vs. plan CO Reporting Controlling

Controlling: 

Controlling Internal Accounting Departmental Expense Report Salaries 10,000 Overhead 8,000 Other 5,000 Total 23,000 Department Managers Controllers Executives Senior Management

FI and CO comparison: 

FI and CO comparison CO FI Legal or external reporting Reports by accounts Balance Sheet Income Statement Internal management reporting Reports by cost centers and cost elements Cost Center Reports

FI/CO Organizational Structures : 

FI/CO Organizational Structures Client Company Chart of Accounts Company Code Business Area Credit Control Area Controlling Area

Slide 9: 

CLIENT

Client: 

Client Highest hierarchical level in an SAP system A complete database containing all the tables necessary for creating a fully integrated system Master records are created at the client level

Slide 11: 

CLIENT COMPANY

Company : 

Company Consolidated financial statements are created at the company level A company can include one or more company codes All company codes must use the same chart of accounts and fiscal year

Slide 13: 

CLIENT COMPANY CHART OF ACCOUNTS

Chart of Accounts: 

Chart of Accounts A listing of the accounts A chart of accounts must be assigned to every company code Several company codes can use the same chart of accounts A different chart of accounts can be used if a different grouping of the chart of accounts is required

Slide 15: 

Co code 1000 Co code 2000 Co code 3000 Co code 4000 Co code 5000 US CHART OF ACCOUNTS GERMAN CHART OF ACCOUNTS CLIENT

Slide 16: 

CLIENT COMPANY COMPANY CHART OF ACCOUNTS CHART OF ACCOUNTS COMPANY CODE COMPANY CODE COMPANY CODE

Company Code: 

Company Code A required structure A legally independent entity The smallest organizational unit for which accounting can be carried out The level where business transactions are processed The level where accounts are managed The level where legal individual financial statements, such as the balance sheet and the profit and loss statement, are created A BALANCED SET OF BOOKS

Slide 18: 

CLIENT CHART OF ACCOUNTS CHART OF ACCOUNTS COMPANY CODE COMPANY CODE COMPANY CODE COMPANY COMPANY CREDIT CONTROL AREA CREDIT CONTROL AREA

Credit Control Area: 

Credit Control Area An organizational unit or area of responsibility created to control customer credit limits A company code is assigned to one and only one credit control area Multiple company codes can be assigned to one credit control area

Slide 20: 

CLIENT CHART OF ACCOUNTS CHART OF ACCOUNTS COMPANY CODE COMPANY CODE COMPANY CODE COMPANY COMPANY CONTROLLING AREA CONTROLLING AREA

Controlling Area: 

Controlling Area An organizational unit defining the company's cost/ managerial accounting operations A company code is assigned to one and only one controlling area A controlling area can have multiple company codes assigned to it This allows cross company cost allocations and reporting

Slide 22: 

1 2 3 4 5 6 7 JANUARY FEBRUARY DECEMBER Fiscal Year Variant Determines the fiscal year Calendar year or non-calendar year Allows the use of special periods to aid year-end closing Is assigned to a company code