TFIN50 Financial Accounting I

• Application Consultant

This course will prepare you to:

• Become familiar with the basic concepts of General Ledger Accounting, Accounts Receivable, and Accounts Payable
• Acquire knowledge to set up business processes in the above areas

Essential

• Business knowledge of the Financial Accounting component (Financials)
• The following e-learning materials are included with this course and you must study these in your own time before the course begins:
• TERP01 – Intro to SAP ERP and SAP NetWeaver
• TERP20 – SAP Financial and SAP Management Accounting Basics

Recommended

• None

The supply of this course by DDLS is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.

• Basic of Customising for Financial Accounting
• Handling of payments, dunning and correspondence
• Closing operations in Financial Accounting

• Organisational units
• Master data
• Document control
• Postings

Handling of payments, dunning, correspondence and closing operations in Financial Accounting

• Automatic Payment Processing with clearing of open items
• Automatic Dunning Processing for creating dunning notices
• Correspondence
• Overview of month and year-end accounting processes in Financial Accounting
• Balance sheet and profit and loss statement
• Preparatory closing postings in sub ledgers and the general ledger
• Technical organisational and documentary steps in individual closing
• Financial Closing Cockpit
• Configuration of periodic closing in Financial Accounting