PRESENTATION PATH

‡ Introduction to Asset Accounting ‡ Asset Life Cycle. ‡ .

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Introduction to Asset Accounting

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ASSET LIFE CYCLE
‡ SAP Asset Accounting covers the complete lifecycle of an asset, which starts when the purchase order is created or the asset is capitalized, to its retirement at the end of its useful life.. ‡ During this time, the system calculates the appropriate depreciation values and interest amounts and presents this information in many different reports

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ASSET ACCOUNTING
Integration ‡ Asset Accounting is fully integrated with other components, as seen in the previous figure. At all times, postings to assets are integrated with the GL, due to which the value of assets is reflected correctly in your balance sheet.

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Introduction to SAP

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Introduction to SAP
‡ What is the full form of SAP?
Systems Applications and Products in Data Processing

‡ When was SAP founded?
Founded in 1972 by Wellenreuther, Hopp, Hector, Plattner and Tschira Renamed in 1977 Before 1977 : Systems Analysis and Program Development .
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Introduction to SAP
‡ SAP is both the name of the Company as well as their ERP Product ‡ SAP system comprises of a number of fully integrated modules, which covers virtually every aspect of the business

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SAP Conceptual Areas
SAP Conceptual Areas

Application Area
(Initiate and execute SAP transactions) (Functional)

Basis Area
(The technical administration of the system) (Authorizations/Ids/etc)

Development Area
(1. A developer¶s workbench 2. Create & Test ABAP/4 programs) (Technical)

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SAP Application Modules
‡ Financial accounting (FI) ‡ Controlling (CO) ‡ Asset management (AM) ‡ Materials management (MM) ‡ Sales and Distribution (SD) ‡ Production Planning (PP) ‡ Quality management (QM) ‡ Plant maintenance (PM) CS) ‡ Project system (PS) ‡ Human resources (HR)
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INTRODUCTION TO FI MODULE
Key elements Of FI Module ± ‡ General ledger ‡ Accounts payable ± Sub ledger ‡ Accounts receivable ± Sub ledger ‡ Asset Management ± Sub ledger

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Introduction to FI Module ± General Ledger
‡ All the activities needed to post a transaction are undertaken. ‡ Preparation of Chart of Accounts. ‡ Preparation of Account Groups. ‡ Creation of General Ledger Accounts. ‡ Posting of a transaction.

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Introduction to FI Module ± Accounts Payables.
‡ Activities related to purchase of Raw Materials and purchase of other items are undertaken in this module. ‡ Accounts payable is a sub-ledger. ‡ All transactions posted to sub-ledger are maintained at two levels- one in the sub-ledger and the same data gets transferred to the General ledger .
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Introduction to FI Module ± Accounts Payables.
Accounts payable Vendor Master

Sundry creditors raw material

General Ledger
Extended General Ledger
Consolidation
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Introduction to FI Module ± Accounts Receivables.
‡ Activities related to sale of finished goods and sale of other items are undertaken in this module. ‡ Accounts receivable is a sub-ledger. ‡ All transactions posted to sub-ledger are maintained at two levels- one in the sub-ledger and the same data gets transferred to the General ledger .
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Introduction to FI Module ± Accounts Receivables
Accounts receivable
Customer Master

General Ledger
Sundry debtors for sales
Extended General Ledger
Consolidation
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Introduction to FI Module ± Asset Accounting.
‡ Activities related to purchase ,sale, transfer and scraping of fixed assets are undertaken in this module. ‡ Asset Accounting is a sub-ledger. ‡ All transactions posted to sub-ledger are maintained at two levels- one in the sub-ledger and the same data gets transferred to the General ledger .
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Introduction to FI Module ± Asset Accounting.
ASSET CLASS

Link is given Between Asset Class and asset ASSET MASTER master

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Module CO ± Controlling
‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ Data flow in Controlling will be from FI Internal management reporting CO Reporting Reports by cost centers. Orders and Projects. Budget/plan. Actual vs. plan. Reporting the variances. Taking corrective action.
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Module CO ± Controlling
‡ Represents the flow of cost and revenue ‡ Instrument for organizational decisions ‡ Key elements of the CO application module include :
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Cost center accounting - provides information on the costs incurred by the business cost center wise . Internal Orders - Provide a means of tracking costs of a specific job, service, or task.
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Module CO ± Controlling
‡ Profit center accounting - provides visibility of an organization¶s profit and losses by profit center. ‡ Profitability analysis - allows Management the ability to review information with respect to the company¶s profit or contribution margin by business segment or . ‡ Product Costing - Controlling allows management the ability to analyze their product costs and to make decisions on the optimal price(s) to market their products
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How Can a Career be Planned?
After completing the course, one can be1. Functional Consultant. 2. Support Consultant 3. End User ‡

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ROLE OF FUNCTIONAL CONSULTANT

‡ Functional Consultant in an End To End Implementation Project

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ROLE OF FUNCTIONAL CONSULTANT IN END TO END IMPLEMENTATION
Functional consultant is expected to have knowledge about the current business process, design current business flows into SAP . 2. The main task is customizing the respective business processes.
1.

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ROLE OF SUPPORT CONSULTANTS
1. The main job of the support consultant is to provide assistance to the customer or the organization where SAP is already implemented 2. Primarily responsible for solving the problems of end users. 3. When a problem arises the support consultant has to diagnose, analyze and solve the issue

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ROLE OF END USER
1. End user will be using the ERP Software implemented in the Organization. 2. His role is restricted to data entry. 3. He undertakes activities like passing the JV¶s, entering the data related to invoices etc.

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Thank You!

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