Cost Center Accounting free material by Mr.Upendar Reddy, ICWAI, FICO trainer
Accounting Concept ,Process Flow, Enterprise Structure FICO
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Transcript of Accounting Concept ,Process Flow, Enterprise Structure FICO
Process Flow DiagramGeneral Ledger
Gen
eral
Led
ger
Even
t
Process Decision
Posting (FI) ReversalDisplaying
Posting G/L Account Document
Displaying and Changing Line Items
Displaying a Document
Displaying the Compact Document Journal
Display Balances
Reversing a Document
Clearing
Process Decision
Displaying and Change
Process Decision
Gen
eral
Led
ger
Acc
ount
Man
ager
G/L = General Ledger
Displaying the Document Journal
Processing a Recurring Entry Original Document
List of Recurring Entry Original Documents
Carrying Out Recurring Entries
Displaying G/L Balances (List)
Account Maintenance: Automatic
Account Maintenance: Manual Clearing
Process Flow DiagramAccounts Receivable
Process Decision
Master Records Down Payment
Process Decision
Reporting
Creating a
Clearing DunningDocument Entry
Posting Down
Post Customer Invoices
Process Decision
Automatic Clearing
Dunning
Displaying and Changing Customer Line Items
Displaying a Customer Accounting Document
Process Decision
Even
t
Creating One Time Account
Creating a Customer Master Record
Posting a Down Payment Manually
Posting Down Payment Request
Posting a Credit Memo with Reference to Invoice
Automatic Clearing
Starting the Interest Calculation Program
Setting a Credit Limit
Manual Bank Statement Processing
Reprocessing an Account Statement
One-Time-Accounts Postings
Process Decision
Posting Payments Using the Manual Payment
Posting Payments Using the Payment Program
Credit Control Reporting
Displaying Customer Balances
Manual Clearing
Acc
ount
s Re
ceiv
able
Down Payment Clearing Manually
Process Flow DiagramAccounts Payable
Even
tA
ccou
nts
Paya
ble
Acc
ount
ant 1
Down Payments Exist?
Creating a Vendor Master Record
Master Records
Yes
No
ClearingDocument EntryDown Payment
Down Payment Clearing
Post Vendor InvoicesPosting Down
Payment Request
Review and Release Blocked Invoices
Yes
Acc
ount
s Pa
yabl
e A
ccou
ntan
t 2A
ccou
nts
Paya
ble
Acc
ount
ant 1
Down Payment Clearing
Posting Down Payment Using the Payment Program
Review and Block Invoices for Payment as Needed
Select Invoices to be Paid
Vendor Credit Memos Exist?
Posting a Credit Memo with Reference to Invoice
Choose Payment Method
Creation of Payment Media Using Classical Payment Medium Program (Altern. 2)
Creation of Payment Media Using Payment Media Workbench (Altern. 1)
Manual Bank Statement Processing
Post Manual Outgoing Payment
Even
tA
ccou
nts
Paya
ble
Process Flow DiagramProcess Cash Management Status Analysis and Cash Concentration
ManualPlanning
PaymentRun
BankStatement
Clear Open vendor/creditor Invoice
Cash Concentration
FinancialOverview
Bank
A
ccou
ntan
t
Post Manual Bank Statement
Trea
sure
r
Post Memo Record
Archive Memo Record
Execute Cash Concentration
Create ConcentrationProposal
GeneratePaymentRequests
ClearPaymentRequests
Display Financial Overview and Liquidity Forecast
Process Flow DiagramManufacturing Cost Center Planning
Even
t
SOP through Long Term Planning Transfer to LIS/PIS/Capacity (173)
General Cost Center Planning (175)
Annual “Quantity” Operating Plan
Annual “General” Operating Plan
Plan Labor and Overhead Activity for Manufacturing Cost Centers Based on Activity
Transfer of Planned Activity Requirements for Production
Standard Cost Calculation (178)
Use Scheduled Activity for Rate Calculation?
Cost Center Planned Quantities
Rates Correct?
Cost Center Planned Prices
Yes
No No
Yes
No
Cost
Cen
ter
Man
ager
Ente
rpri
se C
ontr
olle
r
Data Correct?
Upload Operating Cost Center Budget
Budget Planning Accept Scheduled Labor and Overhead Activity for Manufacturing Cost Centers
Plan Labor and Overhead Expenses for Manufacturing Cost Centers
Update Cost Center Budget and E-Mail to Enterprise Controller
Download Cost Center Budget and E-Mail to Cost Center Management
Cost Center Planned Values
Cost Center Planned Activities
Cost Center Planned Values
Data Correct?
Calculate Rates for Labor and Overhead and Confirm
Allocate General Cost Center Budget to Manufacturing Cost Centers
Confirm Operating Cost Center Budget
Change Cycles for the Cost Center Assessment
Yes
Yes
No
AOP= Annual Operating Planning
SOP= Sales and Operations Planning
Process Flow DiagramInternal Order R&D Planning
Even
t
Expense
AOP –General Cost Center Planning(175)
Annual Operating Plan
Credit Internal Order Planned
R&D
Pla
nner
Data Correct?
Expense Internal Order(188)
Confirm All Orders Have Been Settled Correctly
Order Planned ValuesDebit Profitability Analysis, e.g. R&D by Product Line
No
Enter R&D Order Plan Data by Cost Element
Internal Order Planned Values
Yes
AOP= Annual Operating Planning
Settle R&D Order Costs to Profitability Analysis
Process Flow DiagramCreate Cost Element and Cost Element Group
Even
tA
ccou
ntin
g M
anag
er
Create Accounts and Account Groups (155.01)
Cost Element Needs to be Created to Record CO Transactions
Does Cost Is Cost Element
Cost
Acc
ount
ant
Does Cost Element Group Exist?
Create Primary Cost Element
CO =
End ProcessMaintain Assessment Cycles (155.07)
Create Activity Type/ Groups (155.09)
Does Cost Element Get Values from FI?
Is Cost Element an Activity Allocation cost Element?
Is Cost Element an Assessment Cost Element?
Create Cost Element Group
Update Relevant Cost Element Groups
Create Cost Element Group
No
Yes No Yes
YesYes
Enterprise Structure
SAP Best Practices
Enterprise Structure - Accounting
Client
Overview for FI/CO/HCM
Personnel Area 1100
Personnel Area 1000
Personnel Subarea 1010Personnel Subarea 1020
Client
ControllingArea 1000
CompanyCode 1000
Credit Control Area 1000
Red: Default values for variable parameters
OperatingConcern 1041
Area 1100
Personnel Subarea 1110
Personnel Subarea 1120
Enterprise Structure – LogisticsOverview for SD/MM
CompanyCode 1000
Division 10
Red: Default values for variable parameters
Division 20
Client
ControllingArea 1000
PurchasingOrganization1000
Purchasing Groupsl100l101l102l103
Sales Organization1000
ProductionPlant 1000
DistributionPlant 1100
Purchasing Groupsl110l111l112l113
Enterprise Structure – SalesSales Area
CompanyCode 1000
Division 10
Red: Default values for variable parameters
Division 20
Client
ControllingArea 1000
PurchasingOrganization1000
Sales Organization1000
ProductionPlant 1000
DistributionPlant 1100
SD-Enterprise-Structure
SD Table Mapping
Project Definitions