Unit 7 - 22759 Accounting and ERP(B Wieder Chapter 8 OTHER...

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Unformatted text preview: 22759: Accounting and ERP (B. Wieder) 3/05/2010 Chapter 8: OTHER PERIODIC PROCESSING, CLOSING AND REPORTING © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 148 Periodic Processing Tools Recurring Entries: Create document (‘template’) Execute Process batch input session [Schedule Manager Create task lists Schedule tasks] Payment Run, Dunning Run, Depreciation Run, etc. (see above) © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 149 1 22759: Accounting and ERP (B. Wieder) 3/05/2010 Accounting language – a few basic terms Accrued Accrued expenses (liability): Amounts earned by outside parties but not yet paid by the entity entity Accrued Accrued revenues (asset (asset): Amounts earned by entity but not yet paid by the outside party Deferred Deferred revenues (liability): Amounts paid by outside parties but not yet earned by the entity Prepaid Prepaid expenses (asset): Amounts paid by entity but not yet earned by the outside party © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 150 Accrual/Deferral Tools Manual: Post Accrual/Deferral (FBS1) Reverse Accrual/Deferral (F.81) Batch input session (Semi) Automatic: Recurring entries Schedule manager ‘Accrual engine’ (new) © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 151 2 22759: Accounting and ERP (B. Wieder) 3/05/2010 Reporting Basic list reports (old) List Viewer/ALV grid reports Dynamic/flexible One-dimensional Drill-down reports Dynamic/flexible Multi-dimensional © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 152 3 ...
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This note was uploaded on 11/18/2010 for the course ACCOUNTING 22759 taught by Professor Berhnard during the Three '10 term at University of Technology, Sydney.

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