Parallel Accounting and Reporting

Product type
Logo SAP Training
Provider rating: starstarstarstar_halfstar_border 6.5 SAP Training has an average rating of 6.5 (out of 2 reviews)

Need more information? Get more details on the site of the provider.

Description

Goals

  • • explain why parallel accounting is needed • understand the (two) different ways supported by SAP, regarding a mapping of parallel valuation (when using new G/L) • configure important topics of both approaches • describe significant examples (within FI) in which parallel values occur and operate them in the SAP system • fulfill reporting requirements, e.g. segment reporting (=> IFRS 8) • understand the (technical) steps/projects needed to be done to run an ECC6.0 system with activated new G/L

Audience

  • • People with good SAP Financial (and probably little new G/L) knowledge and/but without experience in SAP ERP Parallel Accounting • People responsible for implementing a parallel val…

Read the complete description

Frequently asked questions

There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.

Didn't find what you were looking for? See also: IFRS, Accounting, Enterprise Resource Planning (ERP), Business Administration, and Bookkeeping.

Goals

  • • explain why parallel accounting is needed • understand the (two) different ways supported by SAP, regarding a mapping of parallel valuation (when using new G/L) • configure important topics of both approaches • describe significant examples (within FI) in which parallel values occur and operate them in the SAP system • fulfill reporting requirements, e.g. segment reporting (=> IFRS 8) • understand the (technical) steps/projects needed to be done to run an ECC6.0 system with activated new G/L

Audience

  • • People with good SAP Financial (and probably little new G/L) knowledge and/but without experience in SAP ERP Parallel Accounting • People responsible for implementing a parallel valuation/accounting, e.g. because IFRS and/or US-GAAP and/or a tax valuation will be needed in future • (SAP) Consultants (and auditors) in the area of SAP ERP Financials without experience in parallel valuation projects

Prerequisites

Essential
  • Essential • Good understanding of processes & configuration in SAP ERP Fin.Acc. Recommended • Familiarity with the new general ledger, e.g. attendance of AC210 • Basic knowledge in local and international accounting principles

Course based on software release

  • • SAP ERP 6.0 with Enhancement Package 6

Content

  • • Understand the basics regarding the mapping of parallel valuation/accounting in a SAP ERP system. • Describe, configure and operate the accounts solution on the basis of some typical showcases. • Understand, configure and operate the ledger solution (within new G/L) on the basis of some typical (=> the same as above) showcases. • Configure the system to fulfill typical reporting requirements for international valuation standards. • Get a short overview of (additional) topics/processes which can be affected due to parallel valuation. • Outline the steps needed to be done to get a SAP system with release ECC 6.0 (with Enhancement Packages) and activated new G/L.

Notes

  • • The course AC207 (=> figures, demos, documentations, exercises) is based on a SAP system with activated new G/L. But all information regarding the accounts solution can be inherited also from SAP customers with classic G/L.

Popular tags

No tags submitted for this course yet

There are no reviews yet.

Share your review

Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate $1.- to Stichting Edukans.

There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.