This easy-to-read book will cover all the functionality of SAP ERP Financials. It will be custom-tailored for users in the Finance and Accounting departments. Readers will learn how to best use SAP ERP Financials in their daily work. Using step-by-step descriptions, practical examples and many figures, it will be easy to follow even for those new to ERP Financials. The robust appendices help readers provide readers with additional information: an introduction to the SAP system, transaction and menu paths, a glossary and two indices. The book is based on SAP ERP 6.0. Highlights: General Ledger Accounting Accounts Receivable Accounting Accounts Payable Accounting Asset Accounting Bank Accounting Closing Operations Overview of the Innovations in SAP FI 6.0

Heinz Forsthuber is an experienced SAP consultant and trainer, focusing on Controlling (CO) and Financial Accounting (FI). Currently, he works as an SAP in-house consultant in the public sector and is in charge of the FI, CO, and MM modules. Additionally, he is responsible for archiving and the user administration.

1 ... Overview ... 19 ... 1.1 ... Reports and Transaction Codes ... 20 ... 1.2 ... Real-Time Processing and the Document Principle ... 21 ... 1.3 ... SAP R/3 Replaces SAP R/2 ... 22 ... 1.4 ... Integration ... 26 ... 1.5 ... SAP ERP Replaces SAP R/3 ... 26 ... 1.6 ... New Features in SAP ERP Financials (Release 6.0) ... 29 ... 1.7 ... Conclusion ... 36 2 ... General Ledger Accounting ... 39 ... 2.1 ... Basic Principles ... 39 ... 2.2 ... FI-GL Component ... 45 ... 2.3 ... Master Data ... 47 ... 2.4 ... Documents in the SAP System ... 63 ... 2.5 ... Document Entry ... 74 ... 2.6 ... New General Ledger in SAP ERP Financials ... 84 ... 2.7 ... Evaluations in General Ledger Accounting ... 98 ... 2.8 ... Conclusion ... 103 3 ... Accounts Payable Accounting ... 105 ... 3.1 ... Business Principles ... 105 ... 3.2 ... FI-AP Software Component ... 106 ... 3.3 ... Master Data ... 106 ... 3.4 ... One-Time Vendor ... 117 ... 3.5 ... Overview of the Integrated Business Transaction ... 119 ... 3.6 ... Entering Incoming Invoices ... 122 ... 3.7 ... Automated Payment Transactions ... 130 ... 3.8 ... Manual Outgoing Payments ... 146 ... 3.9 ... Evaluations in Accounts Payable Accounting ... 154 ... 3.10 ... Conclusion ... 161 4 ... Accounts Receivable Accounting ... 163 ... 4.1 ... Business Principles ... 163 ... 4.2 ... FI-AR Component ... 165 ... 4.3 ... Master Data ... 166 ... 4.4 ... Overview of the Integrated Business Transaction ... 182 ... 4.5 ... Monitoring Credit Lines with SAP Credit Management ... 185 ... 4.6 ... Customer Interaction with SAP Biller Direct ... 193 ... 4.7 ... Clarifying Payment Deductions with SAP Dispute Management ... 200 ... 4.8 ... Dunning Procedure by Telephone with SAP Collections Management ... 209 ... 4.9 ... Dunning Procedure by Mail ... 217 ... 4.10 ... Evaluations in Accounts Receivable ... 236 ... 4.11 ... Conclusion ... 259 5 ... Asset Accounting ... 261 ... 5.1 ... Business Principles ... 261 ... 5.2 ... The SAP Software Component FI-AA ... 262 ... 5.3 ... Master Data ... 271 ... 5.4 ... Asset Transactions ... 287 ... 5.5 ... Evaluations in Asset Accounting ... 314