Financial Closing

Course Content

• Month and year-end closing in Financial Accounting
• Financial statements and profit and loss statements
• Preparatory closing postings in Logistics and Financial Accounting
• Configuration of periodic closing activities in Financial Accounting
• Technical and organizational activities and documentary steps
• Monitoring closing operations using the Financial Closing Cockpit
• Inter-Company Reconciliation
• Financial Statement creation business processes

Notes

• Due to the wide variety of topics covered in this course, thorough accounting knowledge is required.
• Material valuation is covered in detail in course CA535 (Material Valuation).
• SAP Central Process Scheduling by Redwood (SAP CPS) in relation to the Financial Closing Cockpit is not part of this course.
• This course features a high level of individual participation. AC205 demonstrates business processes and offers exercises on the basis of new General Ledger Accounting.
• The functions of previous SAP releases, like R/3 4.6, R/3 Enterprise, or ECC5.0 are also covered in this course.

Course based on software release

• SAP ERP 6.0 with Enhancement Package 7