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GL AM AR FI AP CON Special Ledger FI Overview Financial Accounting G/L Reporting Legal or external reporting Balance sheet Income Statement Statement of Financial Position External Accounting Financial Position Profit & Loss Bankers, Lenders Balance Sheet Stockholders

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Fi overview l.jpg

GL

AM

AR

FI

AP

CON

Special

Ledger

FI Overview


Financial accounting l.jpg
Financial Accounting

G/L Reporting

  • Legal or external

  • reporting

  • Balance sheet

  • Income Statement

  • Statement of Financial Position


Financial accounting3 l.jpg

External Accounting

Financial Position

Profit & Loss

Bankers, Lenders

Balance Sheet

Stockholders

External Auditors

IRS, Taxing Authority

SEC

Financial Accounting


Co ec overview l.jpg

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

CO/EC Overview


Controlling l.jpg
Controlling

CO Reporting

Internal management reporting

Reports by cost centers or other cost “objects” and cost elements

Cost centers

Orders and Projects

Budget/plan

Actual vs. plan


Controlling6 l.jpg

Internal Accounting

Departmental Expense

Report

Salaries 10,000

Overhead 8,000

Other 5,000

Total 23,000

Executives

Controllers

Senior Management

Department

Managers

Controlling


Fi and co comparison l.jpg

FI

CO

Internal management

reporting

Reports by cost centers and

cost elements

Cost Center Reports

Legal or external reporting

Reports by accounts

Balance Sheet

Income Statement

FI and CO comparison


Fi co organizational structures l.jpg
FI/CO Organizational Structures

  • Client

  • Company

  • Chart of Accounts

  • Company Code

  • Business Area

  • Credit Control Area

  • Controlling Area



Client l.jpg
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


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CLIENT

COMPANY


Company l.jpg
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


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CLIENT

COMPANY

CHART OF ACCOUNTS


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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


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CLIENT

GERMAN

CHART OF

ACCOUNTS

US CHART OF

ACCOUNTS

Co code

2000

Co code

3000

Co code

4000

Co code

5000

Co code

1000


Slide16 l.jpg

CLIENT

COMPANY

COMPANY

CHART OF ACCOUNTS

CHART OF ACCOUNTS

COMPANY CODE

COMPANYCODE

COMPANY CODE


Company code l.jpg
Company Code

A BALANCED SET OF BOOKS

  • 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


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COMPANY

COMPANY

CHART OF ACCOUNTS

CHART OF ACCOUNTS

CREDIT CONTROL

AREA

CREDIT CONTROL

AREA

COMPANY CODE

COMPANY CODE

COMPANY CODE

CLIENT


Credit control area l.jpg
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


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CLIENT

COMPANY

COMPANY

CHART OF ACCOUNTS

CHART OF ACCOUNTS

CONTROLLING AREA

CONTROLLING AREA

COMPANY CODE

COMPANY CODE

COMPANY CODE


Controlling area l.jpg
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


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DECEMBER

FEBRUARY

JANUARY

1

2

3

4

5

6

7

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


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