Overview

A warm welcome to the SAP Accounts Receivable: Deep-dive into Financial Operations course by Uplatz.SAP Account Receivable module accounts for all accounting data pertaining to a customer. All postings in AR are captured in GL as well. The nature of posting identifies the GL Account to be posted to. All AR postings can be reviewed using different reports and programs. Any transaction with a customer means that the organization expects some money is coming into the account.SAP Accounts Receivable helps small-to mid-sized businesses optimize core accounting processes with real-time insights into bank balances for improved management. A user-friendly, electronic interface supports the ability to centrally manage receivables with enhanced automation features. The automatic scheduling feature is designed to keep users current on outstanding receivables and also creates and sends reminders to customers with overdue payment items. It provides real-time visibility into integrated ledgers for full transparency. Better forecast cash flow and manage payments due. Maintain control over outstanding payments with automated payment clearing and rapid processing. The accounts receivable module integrates seamlessly with Microsoft Office Excel for enhanced financial reporting capabilities.Accounts Receivable component is part of SAP FICO module and is responsible for recording and controlling all customers accounting data. It is an essential part of sales management. All postings in SAP Accounts Receivable are directly recorded in the General Ledger and different G/L accounts are updated based on transactions such as receivables, down payments, bills of exchange, etc. SAP Accounts Receivable contain a range of tools that are used to monitor things such as account analyses, alarm reports, due date lists and dunning programs. The communication linked to these tools can be suited to the requirements. This is the case for payment notices, balance confirmations, accounts statements, and interest calculations.SAP Accounts Receivable forms the basis of adequate and orderly accounting besides providing the data required for effective credit management as well as important information for the optimization of liquidity planning. There are a range of tools available for documenting the transactions that occur in Accounts Receivable, including balance lists, journals, balance audit trails, and other standard reports. When drawing up financial statements, the items in foreign currency are revalued, customers who are also vendors are listed, and the balances on the accounts are sorted by their remaining life.Uplatz provides this end-to-end course on SAP Accounts Receivable covering in detail the configurations and implementations required in SAP Accounts Receivable (AR) module. The course also covers key AR topics such as Creating Customer Accounts, G/L Reconciliation Accounts, Dunning, Taxation, International Currencies, and so on.SAP Accounts Receivable: Deep-dive into Financial Operations - Course CurriculumWhat is Accounts Receivable in SAPCreation of Customer Account GroupCreate Number Ranges for for Customer AccountsAssign Number range to Customer Accounts groupsDefine tolerance group for CustomerCreation of GL Reconciliation Accounts (Sundry Debtors)Creation of Customer master recordsDocument types and Number range (DR, DZ, DA)Bill of ExchangeDunningTaxationInternational CurrenciesTransaction codes in SAP Accounts ReceivableCreate/maintain customer master recordsFD01 - Create customer master recordsFD02 - Change customer master recordsFD02 - Maintain accounting notesFD03 - Display customer master recordsFD05 - Block/unblock customer master from further services/charges/paymentsFD06 - Mark customer master records for deletionZFBL5N - Maintain master records from line itemsCreate/maintain/adjust customer invoicesF-22 - Enter customer invoiceZAR3 - Feed departmental invoices into SAPZFBL5N - Display invoice line itemsF-22 - Transfer customer debit/creditZFBL5N - Change line itemsFB08 - Reverse A/R documentF-27 - Enter credit memoF-32 - Clear customer account (with or without residual items)FB07 - Maintain invoice control totalsSA38 - Run line item journalFD02 or FD03 - Maintain line items from master recordsZAR4 - Create telephone invoices- ZAR5 - Maintain telephone invoice table- SM30; ZARTINVLOG - View telephone invoice logApply cash paymentsFLB1- Apply unprocessed cash from lock boxF-26 - Post wire transfer/checks via fast paymentF-27 - Credit customer for payroll deductionF-22 - Process bounced checksZFBL5N, FBRA - Reset cleared line itemsFBL3 - Search for invoice line item amountFind/collect overdue (& credit) balancesZAR2 - Run aging report by dunning areaFD02 - Maintain accounting notesF-22 - Issue customer refundGenerate reportsZAR1 - Print replacement billing statementsZAR2 - Run aging report by dunning areaF150 - Print dunning letters- FD02 - Block/unblock dunning of customers by dunning area- ZFBL5N - Block/unblock dunning of line items- F150 - Print list of blocked accounts- F150 - Print list of blocked line items- SM30 - Maintain table of dunning area responsible persons- SM30 - Maintain table of dunning letter names and phone numbersSART - Run customer activity reportZAS1 - Report Errors in Dunning Procedure and Dunning AreaZAS2 - Find customers with open items and zero balance

Skills

Reviews