General Ledger Process Overview
Financial
Accounting
General
Ledger
Master
Data
Transaction
Processing
Account
Analysis &
Reconciliation
Periodic
Processing
Reporting
General Ledger Process Overview
10K, 10Q
Controlling
Cost
Allocations
Transaction
Processing
And
External
interfaces
Account
Analysis &
Reconciliation
Balance Sheet
Income
Statement
Cash Flow
Month
End
Close
Reporting
And
Consolidation
BI and BPC
Ledger Entries
Taxes, Banking
Accruals
(Operational)
Vendor
Invoices
(Expense)
Master Data
Master Data
Master Data
Master Data
GL Accounts
Vendor Master
Customer Master
Asset Master
Customer
Invoices
(Revenue)
Asset
Transactions
(Capital and
Depreciation)
SAP Account Receivable lifecycle
SAP Account Receivable Lock box processing
Manual Check Deposit - Activity Flow
Cheques with
supporting
documents
Group
cheques
by lots
Enter cheques list .
(by customer
:Reference of invoices
paid.
By Vendors, Others)
Value date (Required)
Print
cheques
list
Post
Check whether
postings are correct ?
Manual Check Deposit - Procedure
Check deposit
list
Electronic / Manual
Entry
General Ledger
Documents
Temporary
Database
Sub-Ledger
Documents
Check
Check Deposit - Account Assignment
Check Deposit List
Customer Account
Postings
O.b.) 200,-
200,- (1
Incoming checks Account
1) 200,200,- (2
Bank Account
2) 200,-
Asset processing
Purchase
Order
Project
WBS Element 1
Settlement
PS
WBS Element 2
WBS Element 3
Financial
Document
Depreciation
Expense
Asset Under
Construction
Asset #1
Class 123
Asset #2
Class 456
Expense
{
Transfer
Impairment
Disposal
Sale
AM
Asset processing
Financial Accounting
• AM transactions impact
balance sheets and P&L
statements
Project Systems
• Completed capital projects
become assets
Controlling
Procurement
• Assets acquired via vendor
Joint Venture
• JV assets operated will be
managed by Asset
Management
Fixed Asset
• Depreciation expense
charged to cost canters
Lease Cost
• Lease information
automatically creates
transactions
Controlling Processes
Planning
Master
Data
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Cost Element
Cost Centre
Activity Type
Resource
Statistical Key
Figures
Internal order
Groups
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Planning preparation

Cost Centre Planning

Internal Order
Planning

Plan cost distribution
Plan cost assessment

Plan indirect activity
allocation
Plan settlement of
overhead cost orders
Actual
Posting
Manual entries
SKF entry
Direct activity
allocation
Indirect activity
allocation
Order budget
Period End
Closing
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Reposting
Actual Cost
distribution
Actual Cost
Assessment
Cost Splitting
Calculate Actual
Activity Prices
Settlement of
Overhead Orders
Manual Cost
Allocation
FICO Reconciliation
Reporting
Aspects of Profitability Management
PCA
PA
Responsibility Accounting
Profitability Analysis
By Market segment
(Company oriented)
(Market oriented)
Profitability
Segments
Revenue
2000
Revenue
2000
Salaries
468
Discounts
100
Materials
230
COGS
230
Contr. Margin
Profit
Advertising
Profit Centers
Ethylene
Pharma
Power
1440
250
Telecom
External Market