General Ledger Accounting Configuration Steps

General Ledger Accounting :- The General ledger accounting is the complete record of all business transactions. GL Accounting Configuration Steps :o Step-1 :- Define Chart of Accounts o Step-2 :-Assign Company Code to Chart of Accounts o Step 3 :- Define Account Groups o Step 4 :- Define Retained Earning Account o Step 5 :- Creation of GL Master Records o Step 6 :- Define Tolerance Group for GL Account Step 1 :- Define Chart of Accounts SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Edit Chart of Accounts list Transaction Code :- OB13

Step-2 :-Assign Company Code to Chart of Accounts SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Assign Company Code to Chart of Accounts

Transaction Code :- OB62

Step 3 :- Define Account Groups SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Define Account Groups Transaction Code :- OBD4

Step 4 :- Define Retained Earnings Account

SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Define Retained Earnings Account Transaction Code :- OB53

Step 5 :- Creation of GL Master Records SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > GL Account Creation and Processing > Edit G/L Account Transaction Code :- FS00

Step 6 :- Define Tolerance Group for GL Account SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > Business transactions > Open Item Clearing > Clearing Differences > Define Tolerance Groups for GL Accounts Transaction Code :- OBA0

Asset Accounting
Asset Accounting Overview:- Asset Accounting is an important module in SAP and manages assets of an organisation by master records. Asset accounting is a sub ledger to the SAP FI module for managing the Asset records.

SAP Asset Accounting Configuration Steps :o o o o o o o

Step 1 :- Copy Reference Chart of Depreciation/ Depreciation Area Step 2 :- Assign Chart of Depreciation to Company Code Step 3 :- Specify Account Determination Step 4 :- Create screen Layout Rule Step 5 :- Define Number range Interval Step 6 :- Define Asset Classes Step 7 :- Determine Depreciation area in the Asset Class

o o o o o o o o

Step 8 :- Assignment of General Ledger Accounts Step 9 :- Specify Intervals and Posting Rules Step 10 :- Define Screen Layout for Asset master data Step 11 :- Define Screen Layout for Asset Depreciation Areas Step 12 :- Define Depreciation Methods Step 13 :- Maintain Depreciation keys Step 14 :- Depreciation Run Step 15 :- Create Asset Master

Step 1 :- Copy Reference Chart of Depreciation/ Depreciation Area

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Copy Reference Chart of Depreciation/ Depreciation Area T code :- EC08

Step 2 :- Assign Chart of Depreciation to Company Code

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure >Assign Chart of Depreciation to Company Code T Code :- OAOB

Step 3 :- Specify Account Determination

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Specify Account Determination

Step 4 :- Create screen Layout Rule

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Create screen Layout Rule

Step 5 :- Define Number range Interval

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Define Number range Interval T Code :- AS08

Step 6 :- Define Asset Classes

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Define Asset Classes T Code :- OAOA

Step 7 :- Determine Depreciation area in the Asset Class

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Valuation > Determine Depreciation area in the Asset Class T Code :- OAYZ

Step 8 :- Assignment of General Ledger Accounts

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Integration with General Ledger > Assign General Ledger Accounts T Code :- AO90

Step 9 :- Specify Intervals and Posting Rules

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Integration with General Ledger > Post Depreciation to General Ledger > Specify Intervals and Posting Rules T Code :- OAYR

Step 10 :- Define Screen Layout for Asset Master data

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Master Data > Screen Layout > Define Screen Layout for Asset Master data

Step 11 :- Define Screen Layout for Asset Depreciation Areas

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Master Data > Screen Layout > Define Screen Layout for Depreciation Areas T Code :- AO21

Step 12 :- Define Depreciation Methods

o

Define Base methods

Define Decline Balance Methods

Define Multi Level methods

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Calculation methods > Define Base methods SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Calculation methods > Define Decline Balance Methods SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Calculation methods > Define Multi Level methods

Step 13 :- Maintain Depreciation keys

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Maintain Depreciation Key T Code :- AFAMA

Step 14 :- Depreciation Run :SAP Menu Path :- SPRO >IMG > Financial Accounting > Fixed Assets > Periodic Processing > Depreciation Run > Execute T Code :- AFAB

Step 15 :- Create Asset Master

SAP Menu Path :- SAP Menu > Accounting > Financial Accounting > Fixed Assets > Asset > Create T Code :- AS01

Financial Accounting Configuration in SAP step by step | SAP FICO Enterprise Structure Configuration Settings
Enterprise Structure :- The SAP Financial Accounting enterprise structure is organisational structure that represent an enterprise structure in SAP and Enterprise Structure is the key building block to the entire organisation.

Below are the Steps of Enterprise Structure Settings and configuration

1. Define Company 2. Define Company Code 3. Assign Company Code to Company 4. Define Business Area 5. Define Functional Area 6. Define Credit Control Area 7. Assign Company Code to Credit Control Area

Step 1 :- Define Company

SAP Menu Path :- SPRO > IMG > Enterprise Structure > Definition > Financial Accounting > Define Company Transaction Code :- OX15

Step 2 :- Define Company Code

SAP Menu Path :- SPRO > IMG > Enterprise Structure > Definition > Financial Accounting > Edit, Copy, Delete, Check Company Code

Step 3 :- Assign Company Code to Company

Sap Menu Path :- SPRO > IMG > Enterprise Structure > Assignment > Financial Accounting > Assign Company Code to Company Transaction Code :- OX16

Step 4 :- Define Business Area

SAP Menu Path :- SPRO > IMG > Enterprise Structure > Definition > Financial Accounting > Define Business Area Transaction Code :- OX03

Step 5 :- Define Functional Area

SAP Menu Path :- SPRO > IMG > Enterprise Structure > Definition > Financial Accounting > Define Functional Area

Step 6 :- Define Credit Control Area

SAP Menu Path :- SPRO > IMG > Enterprise Structure > Definition > Financial Accounting > Define Credit Control Area Transaction Code :- OB45

Step 7 :- Assign Company Code to Credit Control Area

Sap Menu Path :- SPRO > IMG > Enterprise Structure > Assignment > Financial Accounting > Assign Company Code to Credit Control Area

Financial Accounting Global Settings Configuration Steps

Step 1 :- Define Fiscal year Step 2 :- Assign Company Code to Fiscal Year variant Step 3 :- Define variant for opening Posting period Step 4 :- Define Variant for open and close posting period Step 5 :- Assign Variant to Company code Step 6 :- Define Field status variant Step 7 :- Assign Company code to Field Status Variants Step 8 :- Define Posting Keys Step 9 :- Define Document types Step 10 :- Define Document Number Range Step 11 :- Define Tolerance group for Users

Step 1 :- Define Fiscal year

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Maintain Fiscal year variant Transaction Code :- OB29

Step 2 :- Assign Company Code to Fiscal Year variant

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Assign Company Code to Fiscal Year variant Transaction Code :- OB37

Step 3 :- Define variants for opening Posting period

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Posting Period > Define variants for opening Posting period Transaction Code :- OBBO

Step 4 :- Define Variant for open and close posting periods

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Posting Period > open and close posting periods Transaction Code :- OB52

Step 5 :- Assign Variants to Company code

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Posting Period > Assign Variants to Company code Transaction Code :- OBBP

Step 6 :- Define Field status variants

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Line Item > Controls > Define Field status variants Transaction Code :- OBC4

Step 7 :- Assign Company code to Field Status Variants

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Line Item > Controls > Assign Company code to Field Status Variants Transaction Code :- OBC5

Step 8 :- Define Posting Keys

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Line Item > Controls > Define Posting Keys Transaction Code :- OB41

Step 9 :- Define Document types

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Document Header > Define Document types Transaction Code :- OBA7

Step 10 :- Define Document Number Range

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Document Header >Document Number Range > Define Document Number Range Transaction Code :- OBA7

Step 11 :- Define Tolerance group for Users

SAP Path :- SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Documents > Line Item > Controls > Define Tolerance group for Users Transaction Code :- OBA4

General Ledger Accounting Configuration Steps

General Ledger Accounting :- The General ledger accounting is the complete record of all business transactions. GL Accounting Configuration Steps :-

o o o o o o

Step-1 :- Define Chart of Accounts Step-2 :-Assign Company Code to Chart of Accounts Step 3 :- Define Account Groups Step 4 :- Define Retained Earning Account Step 5 :- Creation of GL Master Records Step 6 :- Define Tolerance Group for GL Account

Step 1 :- Define Chart of Accounts

SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Edit Chart of Accounts list Transaction Code :- OB13

Step-2 :-Assign Company Code to Chart of Accounts

SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Assign Company Code to Chart of Accounts Transaction Code :- OB62

Step 3 :- Define Account Groups

SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Define Account Groups Transaction Code :- OBD4

Step 4 :- Define Retained Earnings Account

SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > Define Retained Earnings Account Transaction Code :- OB53

Step 5 :- Creation of GL Master Records

SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > GL Accounts > Master Data> Preparations > GL Account Creation and Processing > Edit G/L Account Transaction Code :- FS00

Step 6 :- Define Tolerance Group for GL Account

SAP Path :- SPRO -> IMG > Financial accounting > General ledger Accounting > Business transactions > Open Item Clearing > Clearing Differences > Define Tolerance Groups for GL Accounts Transaction Code :- OBA0

Accounts Payable Configuration Steps :Accounts Payable Overview :- Accounts Payable is a Subsidiary Ledger account. Accounts payable records and manages accounting data for all vendors. When postings are made in Accounts Payable simultaneously recorded in the General ledger account. Steps in Accounts Payable Configuration are as follows
1. Step 1 :- Creation of Vendor Account Groups 2. Step 2 :- Create number range for vendors account 3. Step 3 :- Assign number range to vendor account groups 4. Step 4 :- Define tolerance group for vendor 5. Step 5 :- Creation of vendor master 6. Step 6 :- Creation of GL as Reconciliation Accounts 7. Step 7 :- Document types and no. ranges 8. Step 8 :- Vendor Payment Terms 9. Step 9 :- Automatic Payment Program

Step 1 :- Creation of Vendor Account Groups

SAP Path :SPRO > Financial accounting > Accounts Receivable and Accounts Payable > Vendor Accounts >Master data > preparation for creating vendor master data > Define Account Groups with Screen Layout (Vendors) Transaction Code :- OBD3

Step 2 :- Create number ranges for vendors account

SAP Path :- SPRO > Financial accounting > Accounts Receivable and Accounts Payable > Vendor Accounts > Master data > Preparation for creating vendor master data > Create number ranges for vendors account Transaction Code :- XKN1

Step 3 :- Assign Number Range to Vendor Account Groups

SAP Path :SPRO > Financial accounting > Accounts receivable and accounts payable > Vendor Accounts >Master data > preparation for creating vendor master data > Assign Number Range to Vendor Account Groups Transaction Code :- OBAS

Step 4 :- Define tolerance group for vendors

SAP Path :SPRO > Financial accounting > Accounts receivable and accounts payable > Business transactions > Outgoing payments > Manual outgoing payments > Define Tolerances (Vendors) Transaction Code :- OBA3

Step 5 :- Creation of Vendor Master SAP Path :- SAP Menu > Accounting > Financial Accounting > Account payable > Master Records > Maintain Centrally > Create Transaction Code :- XK01

Step 6 :- Creation of GL as Reconciliation Accounts ( Sundry Creditors )

SAP Menu Path:- SAP Menu > Accounting > Financial Accounting > General Ledger > Master Records > Individual Processing > Create Centrally Transaction Code :- FS00

Step 7 :-Document types and no. Ranges ( KZ, KR, KA )

SAP Menu Path :- SPRO > IMG >Financial Accounting >Financial Accounting Global Setting >Document>Document Number ranges > Define Document Number Ranges Transaction Code :- FBN1

Step 8 :- Vendor Payment Terms

SAP Menu Path:- IMG > Financial Accounting > Accounts Receivable & Accounts Payable > Business Transactions > Outgoing Invoices/Credit Memos > Maintain Terms of Payment Transaction Code :- OBB8

Step 9 :- Automatic Payment Program

Menu Path:- IMG > Financial Accounting > Accounts Receivable & Payable > Business Transactions > OutgoingPayments > Automatic Outgoing Payments > Payment method/Bank Selection for Payment program Transaction Code :- FBZP

Accounts Receivable

SAP FICO Accounts Receivable Configuration Steps

o o o o o o o o o

Step 1 :- Creation of Customer Account Group Step 2 :- Create Number Ranges for for Customer Accounts Step 3 :- Assign Number range to Customer Accounts groups Step 4 :- Define tolerance group for Customer Step 5 :- Creation of GL Reconciliation Accounts ( Sundry Debtors ) Step 6 :- Creation of Customer master records Step 7 :- Document types and Number range ( DR, DZ, DA ) Step 8 :- Bill of Exchange Step 9 :- Dunning

Step 1 :- Creation of Customer Account Group :SAP Path :- SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Customer Accounts > Master Data > Preparation for creating customer master data > Define Account Groups with Screen layout ( Customer ) Transaction Code :- OBD2

Step 2 :- Create Number Ranges for Customer Accounts

SAP Path :- SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Customer Accounts > Master Data > Preparation for creating customer master data > Create Number Ranges for Customer Accounts Transaction Code : XDN1

Step 3 :- Assign Number range to Customer Accounts groups :SAP Path :- SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Customer Accounts > Master Data > Preparation for creating customer master data > Assign Number ranges to Customer Accounts groups T Code :- SPRO

Step 4 :- Define tolerance group for Customer :SAP Path :- SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Incoming payments > Manual incoming payments > Define Tolerance ( Customer ) T Code :- OBA3

Step 5 :- Creation of GL Reconciliation Accounts ( Sundry Debtors )

SAP Menu Path:- SAP Menu > Accounting > Financial Accounting > General Ledger > Master Records > Individual Processing > Create Centrally Transaction Code :- FS00

Step 6 :- Creation of Customer master records

SAP Menu Path :- SAP Menu > Accounting > Financial Accounting > Accounts Receivable > Master Records > Create T Code :- XD01

Step 7 :- Document types and Number range ( DR, DZ, DA )

SAP Menu Path :- SPRO > IMG >Financial Accounting >Financial Accounting Global Setting >Document>Document Number ranges > Define Document Number Ranges Transaction Code :- FBN1

Step 8 :- Bill of Exchange :SAP Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Business Transactions > Bills of Exchange Transactions > Bills of exchange receivable > Define Alternative recon a/c for bills of exchange Transaction Code :- OBYN

Step 9 :- Dunning :SAP Path :- SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions >Dunning > Basic Settings for Dunning > Define Dunning Area Transaction Code :- OB61

Asset Accounting
Asset Accounting Overview:- Asset Accounting is an important module in SAP and manages assets of an organisation by master records. Asset accounting is a sub ledger to the SAP FI module for managing the Asset records.

SAP Asset Accounting Configuration Steps :o o o o o o

Step 1 :- Copy Reference Chart of Depreciation/ Depreciation Area Step 2 :- Assign Chart of Depreciation to Company Code Step 3 :- Specify Account Determination Step 4 :- Create screen Layout Rule Step 5 :- Define Number range Interval Step 6 :- Define Asset Classes

o o o o o o o o o

Step 7 :- Determine Depreciation area in the Asset Class Step 8 :- Assignment of General Ledger Accounts Step 9 :- Specify Intervals and Posting Rules Step 10 :- Define Screen Layout for Asset master data Step 11 :- Define Screen Layout for Asset Depreciation Areas Step 12 :- Define Depreciation Methods Step 13 :- Maintain Depreciation keys Step 14 :- Depreciation Run Step 15 :- Create Asset Master

Step 1 :- Copy Reference Chart of Depreciation/ Depreciation Area

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Copy Reference Chart of Depreciation/ Depreciation Area T code :- EC08

Step 2 :- Assign Chart of Depreciation to Company Code

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure >Assign Chart of Depreciation to Company Code T Code :- OAOB

Step 3 :- Specify Account Determination

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Specify Account Determination

Step 4 :- Create screen Layout Rule

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Create screen Layout Rule

Step 5 :- Define Number range Interval

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Define Number range Interval T Code :- AS08

Step 6 :- Define Asset Classes

SAP Menu Path :- SPRO > Financial Accounting > Asset Accounting > Organisational Structure > Asset Classes > Define Asset Classes T Code :- OAOA

Step 7 :- Determine Depreciation area in the Asset Class

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Valuation > Determine Depreciation area in the Asset Class T Code :- OAYZ

Step 8 :- Assignment of General Ledger Accounts

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Integration with General Ledger > Assign General Ledger Accounts T Code :- AO90

Step 9 :- Specify Intervals and Posting Rules

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Integration with General Ledger > Post Depreciation to General Ledger > Specify Intervals and Posting Rules T Code :- OAYR

Step 10 :- Define Screen Layout for Asset Master data

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Master Data > Screen Layout > Define Screen Layout for Asset Master data

Step 11 :- Define Screen Layout for Asset Depreciation Areas

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting > Master Data > Screen Layout > Define Screen Layout for Depreciation Areas T Code :- AO21

Step 12 :- Define Depreciation Methods

o o o

Define Base methods Define Decline Balance Methods Define Multi Level methods

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Calculation methods > Define Base methods SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Calculation methods > Define Decline Balance Methods

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Calculation methods > Define Multi Level methods

Step 13 :- Maintain Depreciation keys

SAP Menu Path :- SPRO >IMG > Financial Accounting > Asset Accounting >Depreciation > Valuation methods >Depreciation Key > Maintain Depreciation Key T Code :- AFAMA

Step 14 :- Depreciation Run :SAP Menu Path :- SPRO >IMG > Financial Accounting > Fixed Assets > Periodic Processing > Depreciation Run > Execute T Code :- AFAB

Step 15 :- Create Asset Master

SAP Menu Path :- SAP Menu > Accounting > Financial Accounting > Fixed Assets > Asset > Create T Code :- AS01

Bank Accounting
Bank Accounting :- Bank account is an important module in SAP fi which is used to handle accounting transactions that you process with your bank. Bank Accounting includes the management of organisation Bank Master data and processing of incoming and outgoing payments.

Bank Accounting Configuration Steps :Step 1 :- Define House Banks Step 2 :- Create Bank Key Step 3 :- Electronic Bank Statement Configuration
o o o o

Creation of Accounts Symbols Assign Accounts to Accounts symbols Create Keys for Posting Rules Define Posting Rules

o o o

Create Transaction Type Assign External Transaction Types to Posting Rules Assign Bank Accounts to Transaction Types

Step 4 :- Manual Bank Statement Step 5 :- Define Posting Keys and Posting Rules for Check Deposit Step 6 :- Create and Assign Business Transactions Step 7 :- Define Variants for Check Deposit

Step 1 :- Define House Banks

Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Bank Accounts > Define house banks Transaction Code :- FI12

Step 2 :- Create Bank Key

SAP Menu Path :- SAP Menu > Accounting > Financial Accounting > Accounts Receivable > Master Records > Bank > Create ( Create bank Key ) Transaction Code :- FI01

Step 3 :- Electronic Bank Statement Configuration

Sap Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Business Transactions > Payment Transactions > Electronic Bank Statement > Make Global Settings for Electronic Bank Statement
o o o o o o

Creation of Accounts Symbols Assign Accounts to Accounts symbols Create Keys for Posting Rules Define Posting Rules Create Transaction Type Assign External Transaction Types to Posting Rules

Assign Bank Accounts to Transaction Types

Step 4 :- Manual Bank Statement :Sap Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Business Transactions > Payment Transactions > Manual Bank Statement > Create and Assign Business transactions

Step 5 :- Define Posting Keys and Posting Rules for Check Deposit
Sap Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Business Transactions > Check Deposit > Define Posting Keys and Posting Rules for Check Deposit

Step 6 :- Create and Assign Business Transactions

Sap Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Business Transactions > Check Deposit > Create and Assign Business Transactions

Step 7 :- Define Variants for Check Deposit

Sap Menu Path :- SPRO > IMG > Financial Accounting > Bank Accounting > Business Transactions > Check Deposit > Define Variants for Check Deposit

How to Create Chart of Accounts

The following tutorial takes you through the steps to create Chart of Accounts

Enter Transaction code SPRO in the command field

In the next screen Select SAP reference IMG

In next screen-Display IMG navigate the following menu path : SAP Customizing Implementation Guide -> Financial Accounting -> General Ledger Accounting -> G/L Accounts -> Master Data -> Preparations -> Edit Chart of Accounts List

In the next screen, select New Entries

In the next screen,Enter Following Data : 1. Enter a unique Chart of Accounts Code , maximum length is four 2. Enter a Description for the Chart of Accounts 3. Enter Language in which the Chart of Accounts is created.All accounts have a description in this language.Master Data can only be displayed or maintained in this language

4. Enter the maximum length for G/L Accounts number, it could be maximum to ten digits if number is short then it will prefix zero before it to make it to the maximum length 5. Enter the type of integration between G/L accounts and cost elements 6. Enter Chart of Accounts which is used in the corporate group

After you complete entering this information Press Save

In the next screen, Enter your Change Request number.

You have successfully created a new Chart of Accounts. Read more at http://www.saptraininghub.com/how-to-create-chart-of-accounts/#7cITYhKQq6igKGeJ.99