1 Overview

27

What Does SAP ERP Financials Offer You?

29

Where Can You Use SAP ERP Financials?

32

Country-Specific Features

33

2 General Ledger

39

Overview

40

Functions in Detail

41

Corporate Structure

41

Basic Settings

45

The New GL

51

Special Purpose Ledgers

56

Accounting Transactions

59

Integration of the New GL

64

Financial Closing

65

Financial Reporting

69

Summary

71

3 Receivables and Payables

73

Overview

73

Functions in Detail

76

Master Data

76

Customer Billing

80

Incoming Payments and Cash Application

86

Vendor Invoice Verification

88

Payment Program

92

Document Clearing Process

95

Dunning Process

97

Other Processes

101

Reporting and Communication

104

Summary

106

4 Taxation

107

Overview

108

Functions in Detail

109

Setting Up Taxes

110

Tax Calculation and Posting

115

Tax Exemption

118

Tax Reporting

120

Withholding Tax

121

The European Union and VAT Processing

127

Case Study

135

Summary

139

5 Bank Accounting

141

Overview

142

Bank Accounting Functions

142

Banks and Bank Accounts

143

Payment Methods

148

Payment Media

151

Payment Program

155

Payment Aids

158

Bank Statement Reconciliation

161

Processing Electronic Bank Statements

164

Other Bank Transactions

168

Case Study

173

Summary

176

6 Capitalization of Investments

177

Overview

178

Functions in Detail

180

Investment Programs

180

Appropriation Requests

183

Investment Measures

188

Planning and Budgeting

191

Structuring Fixed Assets

196

Asset Transactions

200

Additional Functionality

204

Reporting

208

Case Study

211

Business Challenge

211

Solution Deployment

212

Value Achieved

214

Looking Ahead

214

Summary

215

7 Travel Management

217

Overview

218

Functions in Detail

220

Employee Mini Master

221

Travel Requests and Approvals

224

Travel Booking

227

Travel Expenses

231

Expense Accounting and Reimbursement

235

Compliance and Reporting

238

Case Study

241

Summary

244

8 Payroll Accounting

247

Overview

248

Functions in Detail

250

Process Overview

250

Earnings Calculation

252

Benefits and Deductions

256

Tax Calculations

265

Payroll Processing

268

Posting and Payments

271

Payroll Reporting

274

Case Study

277

Summary

281

9 Consolidation

283

Overview

284

Functions in Detail

285

Consolidation Alternatives

285

Consolidation Setup

287

Data Collection and Postings

292

Currency Translation

297

Elimination Entries

300

Elimination of IPI

303

Consolidation of Investments

305

Validations and Reclassifications

308

Execution of Consolidation

310

Case Study

312

Summary

315

10 Overhead Cost Controlling

317

Overview

318

Functions in Detail

320

Overview of Controlling

321

Cost Elements in SAP

323

Cost Center Accounting

326

Internal Order Accounting

329

Activity-based costing

332

Period-End Closing

337

Reporting

343

Case Study

345

Summary

348

11 Project Accounting

351

Overview

351

Functions in Detail

353

Project Structures in SAP

354

Project Costs

358

Project Revenues

363

Payments and Cash Management

367

Claims Management

371

Integration with Procurement and Production

373

Other Functionality

375

Case Study

379

Summary

383

12 Product Costing

385

Overview

386

Functions in Detail

387

General Concepts

389

Product Costing Overview

392

Product Cost Planning (CO-PC)

398

Planning Aids for Costing

401

Cost-Controlling Activities

405

Actual Costing

413

Product Costing Reports

417

Case Study

419

Summary

421

13 Profitability Analysis

423

Overview

423

Functions in Detail

425

Profit Center Accounting (PCA)

426

Profitability Analysis Overview

429

Gathering Actual Data

439

Planning

446

Information System

450

Case Study

452

Summary

455

14 Financial Planning

457

Overview

458

Functions in Detail

460

Common Planning Functionalities

460

Costs Planning

466

Revenue Planning

472

Other Planning Elements

478

Case Study

482

Summary

484

15 Collections, Dispute, and Credit Management

487

Overview

488

Functions in Detail

490

Credit Management Requirements

490

Credit Check

494

Comparison with SAP R/3 Credit Management

496

Dispute Management Overview

498

Processing a Dispute Case

501

Integration of Dispute Management

504

Collections Management Overview

505

Collections Worklists

508

Collections Management Integration

510

Case Study

511

Summary

515

16 Cash and Liquidity Management

517

Overview

518

Functions in Detail

520

Cash Management

520

Cash Concentration

527

Tools and Reports

530

Liquidity Planner

534

Case Study

539

Summary

543

17 Treasury and Risk Management

545

Overview

546

Functions in Detail

547

Concepts and Terminology

547

Transaction Management

552

Accounting and Back Office

556

Portfolio Analyzer

561

Market Risk Analyzer

565

Credit Risk Analyzer

568

Data Maintenance and Reporting

571

Summary

576

Appendices

577

A The Author

577

B Glossary

579