Maximizing SAP General Ledger
A Comprehensive Guide for Maximizing the SAP General Ledger
1st Edition
Published on 25. January 2010
Book
Hardback
540 pages
978-1-59229-306-3 (ISBN)
Description
Maximizing the SAP General Ledger is a comprehensive guide to designing, using, customizing, and integrating the SAP General Ledger for effective use and return on investment. This book covers the configuration of every General Ledger function, and provides strategies for incorporating business processes, best practices, and additional SAP enhancements. In addition to this detailed information, the book will include special sections focused on key business processes such as Fast Close and Business Transactions. Beyond that, the book will provide chapters on undocumented but critical topics common to, but not part of, the General Ledger. Examples include integration with subledgers and integration with other SAP components.
More details
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Content
... Acknowledgments ... 17
... Preface ... 19
PART I ... Introduction to SAP General Ledger ... 23
1 ... General Ledger Accounting: An Introduction ... 25
... 1.1 ... Accounting Standards ... 26
... 1.2 ... SAP General Ledger Evolution ... 35
... 1.3 ... Reporting Structure in SAP General Ledger ... 45
... 1.4 ... Summary ... 49
2 ... Parallel Accounting ... 51
... 2.1 ... Implementation Options in SAP General Ledger ... 52
... 2.2 ... Parallel Accounting in SAP ERP Components ... 65
... 2.3 ... Key Concepts for the Ledger Approach ... 74
... 2.4 ... Customizing Settings: Ledger and Parallel Accounting ... 77
... 2.5 ... Summary ... 84
3 ... General Ledger Account Master Data ... 85
... 3.1 ... Structure and Environment of the General Ledger Account Master Record ... 86
... 3.2 ... Master Data at the Chart of Accounts Level ... 88
... 3.3 ... General Ledger Account Master Data Customization ... 94
... 3.4 ... General Ledger Account Master Data in Company Code ... 97
... 3.5 ... Retained Earnings Account ... 107
... 3.6 ... Editing General Ledger Account Master Records ... 109
... 3.7 ... Process Flow for Maintaining a General Ledger Master Record ... 113
... 3.8 ... Summary ... 115
4 ... General Ledger Accounting Documents ... 117
... 4.1 ... Document Lifecycle ... 118
... 4.2 ... Special Documents ... 125
... 4.3 ... Document Views ... 127
... 4.4 ... Document Structure ... 128
... 4.5 ... Customization Settings for Documents ... 130
... 4.6 ... Summary ... 138
PART II ... Integration with Other SAP Components ... 139
5 ... General Ledger Integration with Order-to-Cash and Procure-to-Pay Scenarios ... 141
... 5.1 ... Business Process Flow ... 142
... 5.2 ... Order-to-Cash Scenarios ... 146
... 5.3 ... Procure-to-Pay Scenarios ... 154
... 5.4 ... SAP General Ledger Customization Settings for Order-to-Cash ... 160
... 5.5 ... SAP General Ledger Customization Settings for Procure-to-Pay ... 164
... 5.6 ... Summary ... 168
6 ... SAP General Ledger, Business Processes, and Logistics Execution ... 169
... 6.1 ... Business Process Flows ... 170
... 6.2 ... Transportation Processes ... 177
... 6.3 ... Integrating Transportation Processes with SAP General Ledger: Customization Settings ... 185
... 6.4 ... Summary ... 191
7 ... Integration of Financial Subledgers with SAP General Ledger ... 193
... 7.1 ... Financial Subledgers: Business Processes ... 194
... 7.2 ... Financial Subledgers: Configuration Settings ... 205
... 7.3 ... Summary ... 219
8 ... Real-Time Integration of Financial Accounting and Controlling ... 221
... 8.1 ... Introduction to Controlling ... 224
... 8.2 ... Setting Up Financial Accounting for Integration with Controlling ... 227
... 8.3 ... Setting Up Controlling for Integration with Financial Accounting ... 231
... 8.4 ... Summary ... 239
9 ... Integration of SAP General Ledger with SAP ERP Human Capital Management ... 241
... 9.1 ... Introduction to SAP ERP HCM ... 242
... 9.2 ... Integration of SAP ERP HCM with SAP ERP Financials ... 249
... 9.3 ... Time Management and Payroll Processes ... 252
... 9.4 ... Payroll Accounting ... 255
... 9.5 ... Summary ... 259
10 ... Integration of SAP General Ledger with SAP Travel Management ... 261
... 10.1 ... Introduction to Travel Management ... 262
... 10.2 ... SAP Travel Management Integration ... 268
... 10.3 ... Configuration Settings for Integration with Financial Accounting ... 272
... 10.4 ... Summary ... 277
PART III ... Maximizing Effectiveness of SAP General Ledger Business Processes ... 279
11 ... Business Transactions in SAP General Ledger ... 281
... 11.1 ... Posting Documents ... 282
... 11.2 ... Processing Open Items ... 294
... 11.3 ... Business Transaction Customization Settings ... 303
... 11.4 ... Summary ... 312
12 ... Profit Center Accounting and Segment Reporting Using SAP General Ledger ... 313
... 12.1 ... Implementation Options ... 314
... 12.2 ... Profit Center Accounting ... 317
... 12.3 ... Segment Reporting ... 320
... 12.4 ... Master Data for Profit Center Accounting and Segment Reporting ... 322
... 12.5 ... Summary ... 333
13 ... Document Splitting ... 335
... 13.1 ... Introduction to Document Splitting ... 336
... 13.2 ... Implementation Options ... 343
... 13.3 ... Basic Document Splitting Configuration ... 348
... 13.4 ... Extended Document Splitting Configuration ... 360
... 13.5 ... Summary ... 370
14 ... Cost of Sales Accounting ... 373
... 14.1 ... Introduction to Cost of Sales Accounting ... 374
... 14.2 ... Managing Functional Areas ... 382
... 14.3 ... Summary ... 393
PART IV ... Period-End Processes in SAP General Ledger ... 395
15 ... Revenue Recognition ... 397
... 15.1 ... Revenue Recognition Requirements ... 398
... 15.2 ... SAP ERP Approach to Revenue Recognition ... 400
... 15.3 ... Sales and Distribution Revenue Recognition ... 404
... 15.4 ... Business Process Scenarios: High Tech Industry (Software) ... 418
... 15.5 ... Technical Settings for Revenue Recognition ... 424
... 15.6 ... SAP Recommendations and Constraints of Revenue Recognition ... 428
... 15.7 ... Summary ... 431
16 ... Financial Statements ... 433
... 16.1 ... Financial Statement Reports ... 434
... 16.2 ... Configuring Financial Statements ... 444
... 16.3 ... Summary ... 450
17 ... Period-End Processes ... 451
... 17.1 ... Period-End Processes by Business Functions ... 451
... 17.2 ... SAP General Ledger Period-End Transactions ... 478
... 17.3 ... Summary ... 501
... Appendices ... 503
... A ... Reporting, Closing Cockpit, and Authorizations ... 503
... B ... Glossary and SAP Abbreviations ... 525
... C ... The Author ... 529
... Index ... 531