BIT 005-ACTCY41S2
SAP Business Process Integration (BPI)
Financial Accounting
Exercise
Submitted to: Mr. Alan S. Dean, MBA, MIS
Submitted by: Rosemarie B. Cruz
Table of Contents
FI 1: Display Financial Statement
FI 2: Display General Ledger Account
FI 3: Review Reconciliation Account
FI 1: Display Financial Statement
In the first step, I learned how to display Financial
Statement by reviewing the listing of General Ledger
accounts that are part of my chart of accounts of my
company Global Bike Inc. In this picture, I learned lots
of accounts that are involved in my Assets,
Liabilities/Equity, and Profit & Loss Statement. I
learned that my Assets amount is $2,378,516.25,
Liabilities/Equity of -9,600 USD, and Profit & Loss of
-2,553,916.25 USD.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 1: Display Financial Statement
In this picture, I learned the different bank accounts
involved in the Profit & Loss Statement of GBI. I
learned that all bank accounts have an amount of
3,500 USD.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 1: Display Financial Statement
I learned the rent expense in the Profit & Loss
Statement that has an amount of 1,500 USD. The rent
expense indicates the rent payable for the landlord
Cardinal Properties.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 2: Display General Ledger Account
In step number 2, I learned how to display a
General Ledger Account in my chart of accounts or
alternative bank accounts. After I found my Global
Bike Inc. in my chart of accounts and display the
account number 1010000 to display the G/L
account data, I learned information about Control:
Balance Sheet Account Type, Liquid Assets
Account Group, Administration: Created on
05/23/2016 and Created by BOETTCHER. I also
learned the translation for DE (German)
Alternatives
Bankkonto
and
EN
(English)
Alternative Bank Account.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 2: Display General Ledger Account
From this picture, I learned my company code data
for the three controlling areas. I saw that for
Global Bike Sharing GmbH and Global Bike
Germany GmbH, the account currencies are EUR
and No for the following columns. Third is the
company Global Bike Inc. with USD account
currency and still No for the following columns.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 2: Display General Ledger Account
In this picture, I learned the difference in the
Financial Statement Version, this also includes the
Path (Assets->Cash & Cash Equivalents) for every
version.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 2: Display General Ledger Account
In this picture, I noticed that there is a note in my
Path which states the path that starts with
Financial Accounting down to the Balance Sheet
Account.
What Account Group is this G/L account assigned
to?
The G/L account is assigned to the Liquid Assets
(LA) Account Group. Cash on hand, cash in a bank
account, and assets that may be quickly and easily
turned into cash are all considered liquid assets.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 2: Display General Ledger Account
Is this account a Profit and Loss Statement
account or a Balance Sheet account?
The account is a Balance Sheet Account.
The Balance Sheet Account refers to a financial
statement that shows the assets, liabilities, and
shareholder equity of a company at a particular
period.
What is the account currency in US00?
The account currency in US00 is USD.
What is the differences to the German GBI
Company Code (DE00)?
The difference to the German GBI
Company Code (DE00) is the account currency.
The account currency for DE00 is EUR while the
account currency for US00 is USD.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 2: Display General Ledger Account
Record information about the G/L Account in the table below:
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 3: Review Reconciliation Account
For the last step, I learned how to review
reconciliation
accounts
by
reviewing
the
corresponding posting in the General Ledger using
the app Display Customer Balances. After using the
5997 in the customer field, US00 as company code,
and 2016 as fiscal year, I saw the customer balances.
When I opened the first column (debit), I learned the
balance amount of 24,000 USD of customer 5997. It
has a clearing entry of 1400000002.
What is the Journal Entry Type?
The journal entry type is RV, it is the default
document type for SD billing documents and denotes
billing document transfer (i.e. customer invoices).
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
FI 3: Review Reconciliation Account
Next is the credit side of 24,000 USD for
customer 5997. I noticed that it has a negative
24,000 USD with a clearing entry of
1400000002.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”
SUMMARY
I learned by reading first the material to know what data I have to make
and be familiar with the following steps. After being familiar with the
exercise, I started to work on it. I learned a lot from this exercise by
understanding how to display the Financial Statement of the company.
Because of that, I learned the related account titles associated with the
Financial Statement of Global Bike Inc. I also learned the General Ledger
account data for 101000 which is important to have an overview of the
basic information about the company as well as what aspects of every
data is under, especially the two language keys for the translation which
are German and English that have a different account currency. Overall,
after learning about the Financial Statement of the company, I believe
that I can apply what I learned from SAP to my future work. It is
important for us inspiring accounts to be familiar with the Financial
Statement and check it correctly to provide reliable information to the
user.
Honor Pledge for Graded Assignments
“I affirm that I have not given or received any unauthorized help on this assignment and that
this work is my own.”