General Ledger Process Overview

TransactionProcessing

Master Data

GeneralLedger

Account Analysis &

Reconciliation

Reporting

FinancialAccounting

PeriodicProcessing

SAP Account Receivable lifecycle

SAP Account Receivable Lock box processing

Manual Check Deposit - Activity Flow

Cheques with

supporting

documents

Group

cheques

by lotsEnter 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

Electronic / Manual

Entry

Temporary

Database

Check deposit

list

General Ledger

Documents

Sub-Ledger

DocumentsCheck

Check Deposit - Account AssignmentCheck Deposit List

Customer Account

Incoming checks Account

O.b.) 200,- 200,- (1

1) 200,-

200,- (2

2) 200,-

Bank Account

Po

stin

gs

Asset processing

Purchase Order

Financial Document

Asset Under Construction

Expense

Settlement

ProjectWBS Element 1

WBS Element 2

WBS Element 3

Transfer

Impairment

Disposal

Sale

{Asset #1Class 123

Asset #2Class 456

DepreciationExpense

PS

AM

Asset processing

Project Systems• Completed capital projects

become assets

Fixed Asset

Financial Accounting• AM transactions impact

balance sheets and P&L

statements

Lease Cost• Lease information

automatically creates

transactions

Joint Venture• JV assets operated will be

managed by Asset

Management

Controlling• Depreciation expense

charged to cost canters

Procurement• Assets acquired via vendor

PlanningMaster Data

Actual Posting

Period End Closing

Reporting

Controlling Processes

• Planning preparation• Cost Centre Planning• Internal Order

Planning• Plan cost distribution• Plan cost assessment• Plan indirect activity

allocation• Plan settlement of

overhead cost orders

• Reposting• Actual Cost

distribution• Actual Cost

Assessment• Cost Splitting• Calculate Actual

Activity Prices• Settlement of

Overhead Orders• Manual Cost

Allocation• FICO Reconciliation

Cost Element

Cost Centre

Activity Type

Resource

Statistical Key Figures

Internal order

Groups

Manual entries

SKF entry

Direct activity allocation

Indirect activity allocation

Order budget

Aspects of Profitability Management

Revenue 2000

Discounts 100

COGS 230

Contr. Margin 1440

Revenue 2000

Salaries 468

Materials 230

Profit

TelecomPharmaEthylene Power

Advertising 250

Profitability Analysis By Market segment

(Market oriented)

Responsibility Accounting

(Company oriented)

Profit Centers

PCA PA

Segments

External Market

Profitability

HR Business Processes

Personnel Development

Time ReportingChanges to Employee Record

Benefits Enrollment

Hiring

Recruitment

Employee Life Cycle

Payroll

2

8

7

6

4

3

1

5

Compensation Management

9

Retirements and Separations