Financial accounting

Could u please provide financial accounting flow charts (graphic level). with detail flow charts general ledger,accounts payable, accounts receivable, asset accounting

Venkat,
GL, AR, AP and AA are all sub modules with in the FI module of SAP. I donot have any pictorial diagram for data flow ween these ... Howvever I am putting my thought process below.
GL: The central task of G/L accounting is to provide a comprehensive picture for external accounting and accounts. Recording all business transactions (primary postings as well as settlements from internal accounting) in a software system that is fully integrated with all the other operational areas of a company ensures that the accounting data is always complete and accurate.
Essentially, the general ledger serves as a complete record of all business transactions. It is the centralized, up-to-date reference for the rendering of accounts. Actual individual transactions can be checked at any time in realtime processing by displaying the original documents, line items, and transaction figures at various levels such as:
Account information
Journals
Totals/transaction figures
Balance sheet/profit and loss evaluations
AR, AP are the subsidiary ledgers of GL. All the postings of these subsisdiary ledger are simuultaneously updated in GL through the linkage of reconciliation accounts.
Hope this is clear.
Rgds
Manish

Similar Messages

Not possible to reverse the document in financial accounting Error

Hi All
We are getting invoice Data from Client
through ACC_EMPLOYEE_PAY02
Document Like
31 45699(vendor )    2356.00
31 45688 (vendor)    1245.00
31 45677 (vendor)    1000.00
31 45666 (vendor)    2000.00
40 Accur(Clearing)       6601.00
In this list some of vendors i did payment Run.
I need to reverse the 1 vendor open Item.
It is showing open item but i am unable to reverse this document.
i tried to FB03 but it is showing Below Error
Not possible to reverse the document in financial accounting
Message no. F5673
Diagnosis
Document '1900000003' in company code '1164' should be reversed. However,
this document was not posted in the Financial Accounting module, HRPAY is, rather, of type ''.
System Response
Documents which were not originally posted in Financial Accounting also cannot be reversed in Financial Accounting.
Procedure
Reverse the original transaction.
You can display the original document from the FI document via 'Environment' -> 'Original doc.'.
I tried to trace Original Document.
trhough Environment -> Original Doc.
ERROR is
Payroll Posting Document 000000091 does not exist
How to Reverse the Open Item.
raju.

Hi,
SAP doesn't allow you to reverse a document in FI if it was created subsequently from another module (in your case HR).
Why don't you use F-44 transaction code to manually clear the open vendor line item and offset it against the same clearing account?
Regards

Error in F.03 - Financial accounting comparative statement

Hi Experts,
We are running T Code F.03 - Financial accounting comparative statement as part of year end. But now we are facing a problem that, in on GL account (that is Forex fluctuation account) is showing difference in balance in Index base currency)
Can any one tell what could be the reasons
Thanks in advance
Venkat

Venkat,
Forex valuation entries may not have amounts in all currencies.
Regards,
Srinu

Sap FICO Certification for Financial Accounting with mySAP ERP 2005

Hi,
I would like to write SAP-FICO Certification for Financial Accounting with mySAP ERP 2005
Topic areas:
SAP overview, Financial Accounting Master Data, Document and Posting Control,Special General Ledger Transactions, Document Parking, Substitution and Validation ,Payment Program, Dunning Program, Correspondence, Interest Calculation,Evaluation Options in Reporting ,Closing Operations in Financial Accounting ,Asset Accounting,The New General Ledger,SAP Solution Manager.
If anyone have the Material for above topics, please send me my mail Id: [email protected]
if anyone appeared recently for certification for the same code, please send model questions and answers.
i will be very thankfull to you.
Regards,
Satyaprakash

Hi
I am also writing SAP-FICO Certification for Financial Accounting with mySAP ERP 2005.
Request you to send me whatever the material you have in this regard.
thanking you in advance
Suri

IMG Menu is not showing Financial accounting New in ECC 6.0

Hi
We have completed a technical upgrade from 4.7 to ECC 6.0 but IMG menu of ECC 6.0 is not showing financial accounting new.I believe financial accounting new is the integral part of ECC 6.0 and both the menu Financial accounting and financial accounting new should show.
If anybody has face this issue,Please respond
Regards
Gaurav

Hi Markus,
I do have access to u201CActivate New General Leader Accountingu201D but help of this node says below points:
The functions for new General Ledger Accounting become available.
In the SAP Reference IMG, the previous Financial Accounting menu is replaced by the Financial Accounting (New) menu. Under Financial Accounting Global Settings (New) and General Ledger (New), you can make the settings for New General Ledger Accounting.
You activate the tables of new General Ledger Accounting so that your posting data is written to them.
Caution:
If you already use classic General Ledger Accounting in your production system, you need to perform the migration of this data before you activate New General Ledger Accounting. Migration is only possible as part of a project. For more information, see the documentation in the SAP Library under Accounting -> Financial Accounting -> General Ledger Accounting (New) -> Tools -> Migration.
I guess this tab is use at the time of going for the functional upgrade which I believe a separate project. We only want to have that both the node u201Cfinancial accountingu201D and u201Cfinancial accounting newu201D should appear.
Please suggest if you have any idea or any person who had faced the same kind of problem in past.
Regards
Gaurav Agarwal

Not possible to reverse the document in financial accounting

Not possible to reverse the document in financial accounting
Message no. F5673
Diagnosis
Document '5000082' in company code '1000' should be reversed. However, this document was not posted in the Financial Accounting module, VBRK is, rather, of type ''.
System Response
Documents which were not originally posted in Financial Accounting also cannot be reversed in Financial Accounting.
Procedure
Reverse the original transaction. You can display the original document from the FI document via 'Environment' -> 'Original doc.'.

Proabably you are using Billing
Reverse at VF11 - Cancel
Other wise go to FB08 and enter FI docuemtn and go to environment and Original document there you can find the Billing number and then go to cancel at VF11

Closed Fiscal Year in Financial Accounting

Hi!
I need create a used asset in 2009. It is a asset that was not uploaded in go-live.
I tryed transation AS91 but show me the message AA669 (Fiscal year 2009 is already closed in Financial Accounting).
How I can upload this asset in AA without change accounting data? This asset is shutdown, so I dont need depreciate.
I am using SAP ECC 6.0.
Thanks!

Hi,
Please refer to the information in SAP note below which provides all the information you need for a subsequent data upload to FI-AA.
49563 Subsequent data transfer to FI-AA
Kind regards,
Brigitte

Internet explorer is required to access some of my financial accounts; what are the risks? I am running Mac OS X 10.7.2 on a Mac Pro

Internet explorer is required to access some of my financial accounts; what are the risks? I am running Mac OS X 10.7.2 on a Mac Pro
Message was edited by: 74683msn

Advisable is irrelevant... It is not possible. There has not been a version of IE for Mac for a long time. You will have to load Windows on your Mac in order to run IE, or try making your browser mimic IE. (In Safari, go to Safari -> Preferences, click the Advanced tab and check the box to show the Develop menu. Then, in that menu, choose User Agent -> Internet Explorer x.0.) Note that doing that will not work if the site relies on some weird non-standard feature of IE that no other browser on the planet has.

Logical System for Financial Accounting FI lacking; information systems

Hello,
we`ve got a problem with the creation of a SC. After the selection of a product (doesn`t matter if it`s a "free text", good or service), we got always the following Error:
"Logical System for Financial Accounting FI lacking; information systems"
I`ve already checked the attribute "ACS" in PPOMA_BBP and the RFC-Connections. Have anybody an idea, what i can do else or where i can get further information about this error (like System Log,...)?
Regards Jochen

Hi Jochen,
Kindly check the following SPRO settings in your system
1. SPROSRM ServerTech Basic settings--Define backend system for Prod category. (Ensure that your category which you are using in your SC is defined here with source/target system)
2. SPROSRM ServerCross App Basic Settings--Define Objects in backend systems. (Ensure that Purch grp, prod category, source system, and PO details are maintained here)
3. SPROSRM ServerCross App Basic Settings--Define G/L account for prod category. (Ensure that your Prod category, Source system, Acct assgnmt categry and G/L account are maintained)
Pl check the above and revert back.
Regards,
Nikhil

Fiscal year 2009 is already closed in Financial Accounting

Dear All,
we have done all depreciation postings for 2008. we have closed 2008 in OB52 and as per OAAQ 2007 is closed. I want to change depreciation key / shift factor for 2009. when am trying to change the costcenter it is allowing me But if i try to change shift factor/Depreciation key/variable depreciation portion in Asset master, systerm is throwing error....
Fiscal year 2009 is already closed in Financial Accounting
     Message no. AA 669
Diagnosis
     You have initiated a recalculation of asset values for fiscal year
     However, fiscal year 2009 is still open is Asset Accounting, but no
     Financial Accounting.
System Response
     Due to this inconsistency between the General Ledger and the the
     subsidiary ledger, processing is terminated.
As per my reqirement i want to change depreciation key / shift factor for 2009. If i open 2008 in FI to change dep key it is recalculating values for 2008 and 2009 also. But it should not change the values in 2008. pls suggest me ......
Rgds
Swathi.
Edited by: swathi fico on May 18, 2009 12:50 PM
Edited by: swathi fico on May 18, 2009 12:50 PM

Hi
As you said
we have done all depreciation postings for 2008. we have closed 2008 in OB52 and as per OAAQ 2007 is closed. I want to change depreciation key / shift factor for 2009. when am trying to change the costcenter it is allowing me But if i try to change shift factor/Depreciation key/variable depreciation portion in Asset master, systerm is throwing error....
Fiscal year 2009 is already closed in Financial Accounting
You have initiated a recalculation of asset values for fiscal year
However, fiscal year 2009 is still open is Asset Accounting, but no
Financial Accounting.
System Response
Due to this inconsistency between the General Ledger and the the
subsidiary ledger, processing is terminated.
For Fixed Assets , both 2008 and 2009 fiscal years are open , but in Financial Accounting 2009 fiscal year is also closed. Go to OB52 and open the 2009 fiscal year of FI , so that your issue will be resolved.
Regards
Venkat

Financial accounting Letter of credit

Dear All,
Please help me out.
How to post the statistical posting like letter of credit in sap and what sp gl config we have to do?
Thanks & Regards,
Bhadresh V. Shah
9967649163

Hello
Guarantees made are shown in the notes to the balance sheet. Guarantees received, however, are not displayed on the balance sheet. Nevertheless, it is a good idea for internal purposes to have an overview of the guarantees that you have received. In the SAP system, therefore, you can manage guarantees made and received separately from other business transactions - as special G/L transactions.
Processing Guarantees in the SAP System
In the Financial Accounting application component, you use a special function to post guarantees. When you enter a guarantee, you merely enter the account assignments for posting to the customer or vendor account. The offsetting entry is always made to the same offsetting account, a clearing account. This is carried out by the system.
       1.      You post a guarantee made to your customers account.
       2.      The system makes the offsetting entry automatically to a clearing account.
Transactions where the system always makes offsetting entries automatically to the same account are called statistical postings, since they are generally not displayed on the balance sheet or only in the appendix. For example, guarantees received are not displayed while guarantees made are displayed in the appendix of the balance sheet because of the liability to recourse.
You require the following to post guarantees:
·        Separate special G/L accounts for guarantees made and guarantees received.
For more information, see Special G/L Accounts
·        Clearing accounts for the offsetting entry
For more information, see Clearing Accounts
·        Posting keys for the offsetting entry
These posting keys are already defined in the system.
Clearing Accounts
To make an offsetting entry for a guarantee posting, you create the clearing account and define the account number in the system for the automatic posting. You must specify the clearing accounts separately for each chart of accounts. You can differentiate the accounts per debit and credit postings. Since the automatic offsetting entry procedure can be used for any special G/L transactions, you can also differentiate the accounts per account type via the special G/L indicator.
You post guarantees made and received in your system. Additional transactions can also be configured for which an automatic offsetting entry posting is necessary. This enables you to post interest receivables to the same account for example. You would then differentiate your clearing accounts according to the account type and special G/L indicator.

Non Financial Accounts,and Balance,Balance Recurring,Types of data and type

Hi Can Any one make me clear for the following?
1.In HFM Account Types we can find Balance and Balance Recurring what it means? is it completely relating to Finance and Accounts Topics? if so give me few good examples to
understand as regards to HFM where this need will come?
2. What are Non Financial Accounts we use in HFM? do we use to load?i if so what is the format like Excel or Data form?
3. What is Head count? what its purpose in relation to HFM? in what situations we have to think and recall about this, mean to say by doing which HFM Activity we can Understand
about this Simply?

1) Balance and Balance Recurring types contain data that does not accumulate from one period to another, and do not translate. Headcount is typically a balance, as is Square Footage, for reporting real estate information, for example.
2) Non financial accounts are typically those which are not currency-related, such as headcount, units sold, number of customers, days sales outstanding, number fo new customers, etc. The entry of this data can be any way other data is loaded - either directly via load file into HFM, through forms, grids, journals, smart view, or FDM, among others I'm sure.
3) Headcount is often a metric for growth. It is often used in ratios, such as revenue or margin by headcount. Even if you acquire a company, there remains a ratio between revenue and headcount, so it's a good metric for organic and acquired growth.
--Chris

F.03(Financial Accounting Comparative Analysis)_SAPF190

Hello Friends,
What is the use with F.03?
I have executed this report for one of my company code. Group currency has maintained additionally to Company code currency. it is showing differences for every GL. Why it is showing i don't understand. i have read documentation of this program but actually in my company code, it is showing differences for every GL.
what could be the reason and tell me what is the use to execute this program.
Thanks
Swapna

Hi,
Go to F.03 & click on " i " icon. It is help file which explains the purpose of this program in Details.
In brief the purpose of this program is
The program carries out an extended reconciliation within Financial Accounting. As part of G/L month-end closing, the following consistency checks are performed:
1. Debit and credit transaction figures from customer, vendor, and G/L accounts are compared with debit and credit totals from posted documents (previously a function of program SAPF070).
2. Debit and credit transaction figures from customer, vendor, and G/L accounts are compared with debit and credit totals from application indexes (secondary index).
The application indexes are used within the system for accounts managed on an open item basis or for line item display.
The description of error message will help to understand why there are any differences in accounts.
Hope this clarifies your query.
Let me know if you require some more details on it.
Regards,
Sheetal

Financial Accounting Menu available

Hi Sir/Madam,
I am facing this issue and do not have a solution.
In my client the new GL is active. I should ideally get both menu paths in the IMG screen : Financial Accounting and Financial Accounting [New]. Strangely, I am seeing only Financial Accounting [New] menu and not Financial Accounting menu.
Kindly help.
Satya

Dear,
Please run RFAGL_SWAP_IMG_OLD Program.
Regards,
Chintan Joshi.

WBS ZPS.EXZZA210.1484 : WiP in Financial Accounting is still to be cleared/

Hi guys
I cannot close the WBS element beacuse of this message WBS ZPS.EXZZA210.1484 : WiP in Financial Accounting is still to be cleared/settled. All the orders are closed and there are no commitments
. I also ran the RA as well.

The settlement was done in same period. In the RA i maintained manually because there were few cents outstanding. I am not sure if that might have caused the problem. Below is the screen shot of the manual adjustment i have done in RA.The column with lots of zero's is the one i adjusted manually.
Z05     B     WIPR     68.333,86      0,00      Creation of WIP for line ID (requirement to capitalize) Z05 (Other)
Z05     V     WIPR     68.333,86-     0,00      Usage of work in process for line ID (requirement to capitalize) Z05 (Other)
             CLCO     68.333,86      0,00      Calculated costs
Z90          VLRV     80.081,81      0,00      Revenue affecting net income for rev. line ID Z90 (Turnover Other)
             VLCC     0,00      0,00      Valuated cost of complaints/commissions
             VLCO     68.333,86      0,00      Valuated actual costs
             CAPP     0,00      0,00      Capitalized profit
Z05          COSR     68.333,86      0,22      Cost of sales for line ID (requirement to capitalize) Z05 (Other)
             PLCV     91.181,06      0,00      Plan Costs of Valuation (Original Plan Share)
        M     PLCV     22.847,20-     0,00      Plan Costs of Valuation (Reduction Share)
        P     PLCV     0,00      0,00      Plan Costs of Valuation (Increase Share)
             PLRV     82.905,03      0,19-     Plan Revenue of Valuation (Original Plan Share)
        D     PLRV     0,00      0,00      Plan Revenue of Valuation (Deduction Commission Costs Share)
        M     PLRV     2.823,22-     0,00      Plan Revenue of Valuation (Reduction Share)
        P     PLRV     0,00      0,00      Plan Revenue of Valuation (Increase Share)
             CLRV     80.081,81      0,00      Calculated revenue
Z05     B     RUCR     0,00      0,22      Creation of reserves for unrealized costs for line ID Z05 (Other)
Z05     V     RUCR     0,00      0,00      Usage of reserves for unrealized costs for line ID Z05 (Other)
             POCS     0,00      0,00      Revenue surplus
        B     RIML     0,00      0,01-     Creation of reserves for imminent loss
        B     RILC     0,00      0,00      Credit of reserves for imminent loss which cannot be capitalize
        V     RIML     0,00      0,02-     Usage of reserves for imminent loss
Z05     V     RUCR     0,00      0,00      Usage of reserves for unrealized costs for line ID Z05 (Other)

Financial accounting

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