Contract Accounts Receivable and Payable

Course Details
Code: IUT240-v098
Tuition (USD): $3,350.00 • Classroom (5 days)
Course Details
GSA (USD): $3,037.78 • Classroom (5 days)

Skills Gained

  • This course covers the technical data context of contract accounts sub-ledger and its integration into FI general ledger accounting and other standard SAP modules.
  • Using concrete examples, participants learn how the most important business processes from the contract accounting area are represented in the system.
  • An impression is given of how efficient revenue management can be achieved based on the contract accounts receivable and payable.

Who Can Benefit

  • Project managers
  • Project teams

Prerequisites

  • Essential:
       -None
  • Recommended:
       -IUT110 Business Processes in SAP for Utilities
       -IUT210 Master Data and Basic Functions

Course Details

Course Content

  • Organizational elements of contract accounting
  • Transactions and account determination
  • Posting and documents
  • Account information
  • Payments and returns processing
  • Cash desk and payment lot
  • Settlement control
  • Deferrals/installment plans
  • Interest calculation
  • Dunning and collection
  • Security deposits
  • Transfer to general ledger (FI-GL) and integration into further SAP components
  • Contract accounting as the basis for credit and collections management
  • Demonstration of the customizing functions for all business processes

Course based on software release

  • SAP ERP Central Component 6.0 Enhancement Package 7