Jayda Hill_TRA 4202_CH3-02 Financial Accounting Process Execution_021824
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Chapter 03-02: Financial Accounting Process Execution
PREREQUISITES
1.
You should be familiar with navigation in SAP HANA
2.
Completed Exercises Ch. 02-01 & 03-01
MOTIVATION
In this exercise, you will do the following for the Financial Accounting processes:
1.
Invest into GBI
2.
View Account Balances
3.
Purchase Supplies with Cash
4.
Purchase Supplies via Payables – Misc.
5.
Pay Rent
PRODUCT
SAP S/4HANA 1709
REVISED
03/21/2020
FOCUS
Financial Accounting
AUTHORS
Simha R. Magal
Jeff Word
VERSION
1.4 MCC
TESTED
Date: 03/21/2020
System: MGL
ACKNOWLEDGEMENT
These are the GBI exercises developed by Simha R. Magal and Jeff Word. These exercises include concepts discussed in the book,
Integrated Business Processes with ERP Systems
(Epistemy Press, 2012).
© 2020 Epistemy Press, LLC.
Screenshots © 2020 SAP SE
Chapter 03:
FI Process Execution
Page 2 of 29
© 2020 Epistemy Press, LLC.
Part 1 - Table of Contents
Table of Contents
Section 1.1: Invest into GBI
..........................................................................................................................
3
Section 1.2: View Account Balances
............................................................................................................
5
Section 1.3: Purchase Supplies for Cash
......................................................................................................
7
Section 1.4: Purchase Supplies via Payables – Misc
.....................................................................................
9
Section 1.5: Pay Rent
.................................................................................................................................
12
Chapter 03:
FI Process Execution
Page 3 of 29
© 2020 Epistemy Press, LLC.
Invest into GBI
(I)
View Account Balances
(II)
Purchase Supplies with Cash
(III)
Purchase Supplies via Payables - Misc.
(IV)
Pay Rent
(V)
In this section, an outside investor invests $60,000 into GBI. You must record this transaction in GBI’s books within SAP. You will credit $60,000 to GBI’s common stock (shareholder equity) account and debit the same amount to GBI’s Bank Account within the SAP system.
Step: 1.1.1: In the “SAP Easy Access”
screen, follow the navigation path below:
Navigation
SAP Easy Access Menu
Accounting
Financial Accounting
General Ledger
Document Entry
Enter G/L Account Document
1: What is the transaction code to post a journal entry?
FB50
You may be required to enter in your company code.
If you are not asked to enter in your company code and the transaction does not say your company code at the top of the screen, you can change the current company code to yours by clicking Switch
Company Code .
Step: 1.1.2: In the “Enter G/L Account Document: Company Code US##”
screen, enter the following information:
Chapter 03:
FI Process Execution
Page 4 of 29
© 2020 Epistemy Press, LLC.
Section 1.1: Invest into GBI
Invest into GBI
(I)
View Account Balances
(II)
Purchase Supplies with Cash
(III)
Purchase Supplies via Payables - Misc.
(IV)
Pay Rent
(V)
Attribute
Description
Data Value
Document Date
Date on which the original document was issued
Today’s Date
Posting Date
Date which is used when entering the document in Financial Accounting or Controlling.
Today’s Date
Chapter 03:
FI Process Execution
Page 5 of 29
© 2020 Epistemy Press, LLC.
Step: 1.1.3: At the bottom of the screen, enter the following information:
Attribute
Description
Data Entry
G/L acct
The G/L account to which the transaction figures
are updated
Your Bank Account D/C
Shows on which side of the account transactions
are updated.
Debit
Amount in doc. Curr.
Line item amount in document currency
60000
Next Line
G/L acct
The G/L account to which the transaction figures
are updated
Your Common Stock D/C
Shows on which side of the account transactions
are updated.
Credit
Amount in doc. Curr.
Line item amount in document currency
60000
Step: 1.1.4: Press Enter .
Notice the status light will turn to green when done correctly.
Step: 1.1.5: Click Post . Make sure you click POST. DO NOT
click PARK .
You will receive a message that says “Document was posted in company code US##”
Chapter 03:
FI Process Execution
Page 6 of 29
© 2020 Epistemy Press, LLC.
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