• explain why parallel accounting is needed • understand the (two) different ways supported by SAP, regarding a mapping of parallel valuation (when using new G/L) • configure important topics of both approaches • describe significant examples (within FI) in which parallel values occur and operate them in the SAP system • fulfill reporting requirements, e.g. segment reporting (=> IFRS 8) • understand the (technical) steps/projects needed to be done to run an ECC6.0 system with activated new G/L
Who Can Benefit
• People with good SAP Financial (and probably little new G/L) knowledge and/but without experience in SAP ERP Parallel Accounting • People responsible for implementing a parallel valuation/accounting, e.g. because IFRS and/or US-GAAP and/or a tax valuation will be needed in future • (SAP) Consultants (and auditors) in the area of SAP ERP Financials without experience in parallel valuation projects
Essential • Good understanding of processes & configuration in SAP ERP Fin.Acc. Recommended • Familiarity with the new general ledger, e.g. attendance of AC210 • Basic knowledge in local and international accounting principles
• Understand the basics regarding the mapping of parallel valuation/accounting in a SAP ERP system. • Describe, configure and operate the accounts solution on the basis of some typical showcases. • Understand, configure and operate the ledger solution (within new G/L) on the basis of some typical (=> the same as above) showcases. • Configure the system to fulfill typical reporting requirements for international valuation standards. • Get a short overview of (additional) topics/processes which can be affected due to parallel valuation. • Outline the steps needed to be done to get a SAP system with release ECC 6.0 (with Enhancement Packages) and activated new G/L.
Parallel Accounting and Reporting
(AC207) Content Details