SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System

Table of Contents
About the Author
About the Technical Reviewer
Acknowledgments
Introduction
Chapter 1: Customizing Financial Accounting Enterprise Structure in SAP S/4HANA
	Let’s look at the steps involved in this Customizing
	Define Company
		Define a Company Code
	Assign Company Code to Company
	Fiscal Year Variant
		Year-Specific or Year dependent
	Maintain Fiscal Year Variant
	Assign Fiscal Year Variant to Company Code
	Defining Posting Periods
		Define Variants for Open Posting Periods
	Assign Variants to Company Code
	Open and Close Periods
	Summary
Chapter 2: Defining Chart of Accounts
	Master Data
	Defining Chart of Accounts
	Creating Chart of Accounts
	Assign Company Code to Chart of Accounts
	Define Account Group
	Define Retained Earnings Account
	Summary
Chapter 3: Document Control
	Document Control
		Document type
	Posting Key
	Definition of Number Range Intervals
	Defining Document Number Ranges using Copy Subobject Function
	How to Delete Number Range Intervals
		Creating your number range intervals from scratch
		Copy Another Company Code to your Company Code
	Copying Number Ranges to Fiscal Year
	Field Status Variants
	Define Field Status Variants
		Assign Company Code to Field Status Variants
	Summary
Chapter 4: Defining Tolerance Groups for G/L Accounts and Employees
	Tolerance Groups
	Define Tolerance Groups for G/L Accounts
		Default Tolerance Group:
	Define Tolerance Groups for Employees
		Define Default Tolerance Groups for Employees
		Define Tolerance Groups for Employees
		Assign Users to Tolerance Groups
	Summary
Chapter 5: Creating a General Ledger (G/L)
	General Ledger
		GL Reconciliation
	What is a Master Record?
	Creating G/L Account Master Records
		Creating a G/L Account – Office stationery supplies
	Creating G/L Account With Template
	Summary
Chapter 6: Clearing Open Items
	Objective
	Clearing Open Items
	Automatic Clearing Customizing
	Create Accounts for Clearing differences
	Define a Maximum Exchange Rate Difference
	Check Company Code Setting
	Foreign Currency Valuation
	Exchange Rate Types
	Define Valuation Methods
	Prepare Automatic Postings for Foreign Currency Valuation
	Interest Costs Using Exchange Rate key (KDB)
	Exchange Rate Difference for Open Items/GL Accounts
		Exchange Rate Differences for Open Items – Account Payable
	Summary
Chapter 7: Maintaining Currency Types and Currency Pairs
	Currencies
	Exchange Rate types:
		Define Standard Quotation for exchange Rates
		Enter Prefixes for Direct/Indirect Quotation Exchange Rates
	Define Translation Ratios for Currency Translation
		Update the following fields
			Enter Exchange Rates
	Summary
Chapter 8: GR/IR Clearing
	Objective
	GR/IR Clearing
	Invoiced But Not Yet Delivered
	Delivered but not yet invoiced
	Summary
Chapter 9: Bank
	Introduction
	Defining House Bank
	Define Bank Account for your House Bank
	Bank Statement
	Electronic Bank Statement
	Electronic Bank Statement
		Defining Global Settings for Electronic Bank Statement
		Creating Account symbols
		Assigning Accounts to account symbols
			Creating Keys for Posting Rules
			Defining Posting Rules
			Create Transaction Type
			Assign External Transaction Types to Posting Rules
			Assign Bank Accounts to Transaction types
	Manual Bank Statement
		Create and Assign Business Transactions
		Define Variants for Manual Bank Statement
		Check Deposit
		Define Posting Keys and Posting Rules for Check Deposit
			Creating Account symbols for Check Deposit
			Assigning Accounts to account symbols
			Creating Keys for Posting Rules
			Defining Posting Rules
			Create and Assign Business Transactions
				Define Variants for Check Deposit
	Summary
Chapter 10: Tax on Sales / Purchases
	Sales and Purchases Tax
	Basic Settings
		Check Calculation Procedure
	Define Tax Codes for Sales
	Define Tax Account for Output/Sales
		Define Tax Codes for Input/Purchases
		Define Tax Account for Output/Sales
		Assign Taxable Codes for Non-Taxable Transactions
	Summary
Chapter 11: Cash Journal
	Objective
		Introduction
	Create G/L Account for Cash Journal
		Specify the Amount Limit for a Cash Journal
		Define Number Range Intervals for Cash Journal Documents
		Set Up Cash Journal
		Maintain Business Transactions
			Set up Print Parameters for Cash Journal.
	Summary
Chapter 12: Financial Statement Versions (FSV)
	Objective
	Financial Statement Versions
		Define Financial Statement Versions
	Step 1: Create Items
	Step 2: Assign Items to your FSV as Subordinates
	Change Nodes Texts
	Creating Subordinates for Liabilities and Equity
	Completing the Nodes for your FSV
		Step 3: Assign FSV Nodes to G/L Accounts
		Step 4: Define the Credit/Debit Shift
		Check Assigned G/L Accounts to FSV
	Summary
Chapter 13: Integration of FI with other SAP S4 HANA modules
	Integrate FI with Other SAP Modules
	Material Management (MM)
	Configuring Automatic Postings
	Offsetting Entry for Inventory Posting
	Integration with Sales & Distribution (SD).
	Prepare Revenue Account Determination
	Summary
Chapter 14: Accounts Receivable and Accounts Payable
	Accounts Payable and Accounts Receivable
	Customer Accounts
		What is Customer Account Group?
		The importance of Account Group
		Defining Accounts Groups with Screen Layout (Customer)
	Maintaining the Filed Status Group for General Data of the Customer Account Group
		Enter Accounting Clerk Identification Code for Customers
	Creating Number Ranges for Customer Account Groups
	Assigning Number Ranges to Customer Account Groups
	Vendor Accounts
		What is Vendor Account Group?
		The importance of Vendor Account Group
		Defining Account Groups with Screen Layout (Vendors)
	Maintaining the Filed Status Group for General Data of the Vendor Account Group
	Enter Accounting Clerk Identification Code for Vendors
	Creating Number Ranges for Vendor Account Groups
	Assigning Number Ranges to Vendor Account Groups
	Terms of Payment
		Cash Discounts
			Maintaining Terms of Payment (Customer)
	Installment Plan
		Maintaining Terms of Payment for an Installment Plan
	Defining the Payment Terms for Instalment Payments
		Defining Cash Discount Base for Incoming Invoices
	Incoming Invoices Credit Memos /Credit Memos – Enjoy
		Enjoy Transaction
	Defining Document Types for Enjoy Transaction
		Defining Tax Code per Transaction
	Cash Discount
		Cash Discount Granted
		Defining Accounts for Cash Discount Granted.
		Define Account for Cash Discount Taken
		Defining Account for Overpayments/Underpayments
		Defining Accounts for Bank Charges (Vendor)
			Defining Payment Block Reasons
	Manual Outgoing Payments
		Defining Tolerances for Vendors
	Defining Reason Codes (Manual Outgoing Payments)
		Defining Accounts for Payment Differences (Manual Outgoing Payments)
	Automatic Outgoing Payments
		All Company Codes
		Paying Company Codes
	Payment Methods per Company Codes
	Bank Determination for Payment Transactions
		Ranking Order
		Bank Accounts
		Available Amounts
		Sort Methods and Adjustment Accounts for Regrouping Receivables/Payables
			Define Sort Methods
		Period Interval for Receivables
			Define Adjustment Accounts for Receivables/Payables by Maturity
			Receivable Due Within One-Year
		Receivables Due After One Year
			Adjustment Posting/Reversal
			Permit Negative Postings
		Define Reasons for Reversal
	Summary
Chapter 15: Defining the Dunning Procedure
	Dunning
		Dunning procedure
	Basic Settings for Dunning
		Define Dunning Procedures
		Defining Dunning Levels
		Maintaining Charges
		Maintaining Minimum Amounts
		Dunning texts
		Special GL Indicator
	Assigning Dunning Procedure to Customer Master Data
	Summary
Chapter 16: Special GL Transactions
	Objective
	Special G/L Transactions
		Special GL - General Ledger types
			1. Automatic Offsetting Entry
			2. Noted Items
			3. Free Offsetting Entry
		Configuration of Special GL Transactions.
	Down Payments
		Introduction
		Down Payment Received
			Reconciliation Accounts for Customer Down Payments
		Down Payment Requests (Customer)
			Defining Reconciliation Accounts for Customer Down Payments Request
		Defining Account for Tax Clearing (Down payments Customer)
		Down Payment Made
			Reconciliation Accounts for Vendor Down Payments
		Down Payment Request for Vendors
		Defining Account for Tax Clearing (Down payments – Vendor)
	Guarantees
		Defining Alternative Reconciliation Accounts for Vendors (Guarantees)
		Defining Accounts for Automatic Offsetting Entry
	Summary
Chapter 17: Ledgers
	Defining Accounting Principles
		Defining Ledger Group
		Assigning Accounting Principle to Ledger Groups
		Defining Ledger Settings for Ledgers and Currency Types
		Update the following field:
	Define Settings for Ledgers and Currency Types
	Summary
Appendix A: Some Useful Transaction Codes
Index