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Andrew Okungbowa

SAP ERP Financial Accounting and Controlling


Configuration and Use Management
2015. xxx, 596 S. 1966 SW-Abb. 254 mm
Verlag/Jahr: SPRINGER, BERLIN; APRESS 2015
ISBN: 1-484-20717-3 (1484207173)
Neue ISBN: 978-1-484-20717-8 (9781484207178)

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SAP ERP modules are notoriously hard to configure and use effectively without a lot of practice and experience. But as SAP ERP Financial Accounting and Controlling : Configuration and Use Management shows, it doesn´t have to be so difficult. The book takes a systematic approach that leads SAP Financial Accounting and Controlling (FICO) users step by step through configuring and using all the program´s facets. This approach makes configuration complexities manageable. The book´s author - SAP expert, trainer, and accountant Andrew Okungbowa - ensures that both you and your end users are up and running quickly and confidently with FICO. He also provides sound and tested procedures that ensure your implementation works without error.

SAP ERP Financial Accounting and Controlling : Configuration and Use Management is in fact the most comprehensive and easy-to-follow SAP FICO configuration book in the market. It incorporates a hands-on approach, with hundreds of screen shots and practical examples, that allows a person without prior configuration training to make SAP FICO ready for use in the enterprise. You´ll find that you don´t need to be a rocket scientist to grasp the concepts explained and apply them to your work - even when the finances are complicated, such as with the ins and outs of taxes, currency conversions, or special general ledger entries such as down payments or bills of exchange.

Providing an in-depth coverage of both configuration and end user procedures, the book covers most aspects of the SAP FICO certification syllabus - SAP´s view of the module´s key tasks and procedures - including:

Configuring and using the general ledger and accounts payable and receivable screens
Configuring and completing closing procedures, asset accounting, and financial reporting
Configuring global settings and enterprise variables
Accounting for both profit and cost centers
Creating a house bank
Integrating FICO with other SAP modules
Taking a jargon-free tone and providing an abundance of examples, Andrew Okungbowa provides a clear understanding of configuration techniques and the breadth of functionalities encompassed by SAP FICO. And as an accountant, Okungbowa understands the needs of end users as well as of those answering to the CIO.
1. Customizing Organizational Structure in SAP ERP
2. Defining the Chart of Accounts

3. Document Control

4. Defining Tolerance Groups for G/L Accounts and Employees

5. Creating a General Ledger (G/L)

6. Clearing Open Items

7. Maintaining Currency Types and Currency Pairs

8. Defining Adjustment Accounts for GR/IR Clearing

9. Defining the House Bank

10. Defining Tax on Sales and Purchases

11. Customizing a Cash Journal

12. Financial Statement Versions (FSV)

13. Integration of FI with Other SAP ERP Modules

14. Defining Accounts Receivable and Accounts Payable

15. Defining the Dunning Procedure and Correspondence

16. Customizing Special G/L Transactions

17. Easy Access

18. Controlling

19. New General Ledger

Appendix A: Some Useful G/L Accounts

Appendix B: Some Useful Transaction Codes
Andrew Okungbowa is an accountant, an expert in SAP FICO, and a trainer. He is currently SAP FICO senior functional consultant for Centrica PLC in the UK, specializing in the energy industry.