JAYANTH MAYDIPALLE S4 FINANCE  FIORI  GST – INDIA  SAP-NEW GENERAL LEDGER 

SAP-ACCOUNTS RECIEVABLES  SAP-ACCOUNTS PAYABLE  SAP- HOUSE BANKING  SAP- ASSET ACCOUNTING 

SAP-CIN  SAP S/4 HANA  SAP-CONTROLLING  COST ELEMENT ACCOUNTING – SAP  COST CENTER ACCOUNTING 

PROFIT CENTER ACCOUNTING  INTERNAL ORDER  PROFITABILITY ANALYSIS  PRODUCT COSTING-SAP 

MATERIAL MANAGEMENT 

SAP SIMPLE DOCS

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ACCOUN TS PAYABLE J OURNAL  E N T RIES
Posted on March 17, 2013 by Jayanth Maydipalle Enter your email address

PURCHASE RELATED ACTIVITIES

FOLLOW

Accounting entries get generated at the time of GR/IR, and invoice verification.

At the time of GR/IR, the following entry gets generated.

ARTICLES
Inventory a/c………….…………..Dr. xxx
Jayanth Maydipalle

To GR/IR a/c……………………………..xxx S4 FINANCE

Key Features on S/4 HANA FINANCE
On doing the Invoice verification, the following entry gets generated and the liability is ACDOCP on S/4 FINANCE
booked.
New General Ledger Accounting powered by
SAP HANA
GR/IR a/c…………………………..Dr. xxx
Introduction to SAP Fiori
System Conversion to S/4HANA FINANCE
To Vendor a/c……………………………xxx
Activation of Material Ledger on SAP S/4 HANA
1511 Finance
At the time of invoice verification if there are differences between GR value and IR and if
Create Bank Accounts on Fiori / NWBC
stock is not available the difference amount would go to price differences A/c.
Document number ranges in S/4 HANA sFIN
Data Migration Methodology
1) PURCHASE – RAW MATERIAL
SAP HANA Trail Versions

At the time of Goods Receipt the following entry gets generated   (Ex. with notional figures). Parallel Accounting in New Asset accounting
powered by SAP HANA

For a P.O of Rs. 100(Basic 70 + Freight 10 ) (when freight is borne by the company) Migration to SAP Simple Finance powered by
SAP HANA

Inventory (Raw-material) a/c………………….Dr 80 FIORI

S4 FINANCE – FIORI
To GR/IR Clearing a/c……………………………….70
GST – India

To Freight clearing a/c………………………………10 Tax Procedures – TAXINJ vs TAXINN

SAP-New General Ledger

On doing the Invoice Verification, the following entry gets generated.
SAP-FICO Video tutorial
New General Ledger Migration(FI-CO)
GR/IR Clearing a/c……..……………..Dr. 70
Advantages in new general ledger

Freight Clearing a/c……………………Dr. 10 New General Ledger Configuration

SAP-FI-General Ledger Step by step Enduser
To Vendor a/c ……………………………….70 Training
Why Use New General Ledger
To Vendor a/c………….……………………10 Migration from Classic General Ledger to New
General Ledger
2) PURCHASE – TRADED GOODS New General Ledger Accounting
Document Splitting in New General Ledger
In case of traded goods, the entries would be as below: Parallel Accounting in New General Ledger
Account Assignments in the New General
On receipt of the goods Ledger
What is Personal Ledger Account or PLA? How
Inventory (Traded) a/c…………………………..Dr. xxx is it maintained?
Important Tables in SAP FI-CO
To GR/IR Clearing a/c………………………………….xxx Retained earnings account
Open and Close Posting Periods
On doing the Invoice Verification, the following entry is generated. New GL with document splitting: Legacy data
transfer
GR/IR Clearing a/c……………………………Dr. xxx Document splitting
Cross Company Code Clearing Accounting
To Vendor a/c…………………………………………..xxx
Exchange Rate Differences in SAP
Period End Closing Activities
3) PURCHASE – CONSUMABLES
SAP FICO Transaction Codes

In case of Consumables, the entries would be as below: Foreign Currency Transactions

SAP -GL Interview questions

On receipt of the Consumables New GL Configuration – In detail

SAP -FICO- Complete End User Training – Real
Inventory (Consumables) a/c…………………………..Dr. xxx Time Project
Retained Earnings GL Account in relation to
To GR/IR Clearing a/c………………………………….xxx the Balance Carry Forward
G/L ACCOUNTING (FI-G/L)
On doing the Invoice Verification, the following entry is generated. FOREIGN CURRENCIES
Balancing Field ‘Segment’ in Line Item 001 Not
GR/IR Clearing a/c……………………………Dr. xxx Filled
sap FI- Retain Earning Account
To Vendor a/c…………………………………………..xxx Mismatch in GL balance between FAGLB03
and FAGLL03
4) PURCHASE – PACKING MATERIAL Month end provision entries
Foreign Currency Revaluation and Translation
In case of Packing Material, the entries would be as below:
SAP-Accounts Recievables

On receipt of the Packing Material Accounts Receivable Journal Entries

Accounts Receivables Overview
Inventory (Packing Material) a/c…………………………..Dr. xxx Deemed Exports – SAP SD

SAP-Accounts Payable
To GR/IR Clearing a/c………………………………….xxx
Accounts Payable Journal Entries
Accounts Payable T codes
On doing the Invoice Verification, the following entry is generated.
SAP- House Banking
GR/IR Clearing a/c……………………………Dr. xxx FICO Inbound Interfaces: Bank Statement
Upload
To Vendor a/c…………………………………………..xxx Create Bank Accounts on Fiori / NWBC
House Banking Interview Questions
5) IMPORT PURCHASES
Electronic Bank Statement (EBS)-SAP
Bank Reconciliation Statement (BRS)-SAP
In case of Import Purchases, the process remains the same but for the additional charges,
which are included in the cost of inventory. SAP- Asset Accounting
Asset Accounting noted Points
The same is processed in MM module. Asset Accounting Journal Entries
Asset Accounting Transaction Codes
The following accounting entry gets generated on receipt of goods.
SAP-CIN
Inventory a/c……………………………..Dr. xxx CIN Interview Questions
Country India Version (CIN) Overview Training
To GR/IR Clearing a/c………………………..xxx
SAP S/4 HANA
SAP- HANA
To Freight Clearing…………………………..xxx
SAP HANA Simple Finance

On doing the Invoice Verification, the following entry gets generated. SAP-Controlling
Maintain Controlling Area Settings
GR/IR Clearing a/c………………………Dr.  xxx
Assigning Controlling Areas to Company
Codes
Freight Clearing a/c…………………….Dr. xxx
Maintain Number Ranges for Controlling
Document
To Vendor a/c…………………………………xxx
Controlling Q&A
Activate Order Management in Controlling
To C&F Vendor……………………………….xxx Area
Maintain Controlling Area
6) PURCHASE RETURNS
“Company Code vs Controlling Area”
OKP1 – Period Lock
The transactions related to purchase returns are processed in MM.
Cost Element Accounting – SAP
The entries that get generated on processing such transactions are: Cost Element Accounting
Difference betweeen Primary & Secondary
GR/IR a/c…………………………………..Dr. xxx Cost Element
Automatic Creation of Primary and Secondary
To Inventory a/c……………………………….xxx Cost Elements
Secondary Cost Element
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Define Cost Elements for Activity Allocation
Primary Cost Element
CO Secondary Cost Elements
RISE OF A NEW EMPIRE
Cost Element
Cost Element Accounting
A NETFLIX ORIGINAL SERIES
Cost Center Accounting
Maintain Versions
Save your income from tax
All episodes now available. Difference between Internal Order & Cost
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  Define Cost Center Categories
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Create Cost Center Groups
6 Comments Create Cost Center
Difference between cost center and work
center.
Create Statistical Key Figures
Create Activity Types

Profit Center Accounting

Profit Center Overview
Creation Of Profit Center Standard Hierarchy
Create Dummy Profit Center
Profit Center

Internal Order
Internal Order
Internal Order Overview
Internal Order – Introduction
Creation of Internal Order Groups
Creation of Internal Orders
Difference between Internal Order & Cost
Center

Profitability Analysis
SAP-COPA: Source and Target Fields
Profitability Analysis (CO‑PA)-SAP
COPA Planning -SAP

Product Costing-SAP
Activation of Material Ledger on SAP S/4 HANA
1511 Finance
Activating transfer prices/multiple valuation
approaches

Material Management
SAP FI-MM Integration
MM Master Data
MM Transaction Codes Follow

SAP MM Certification Questions,Answers and

Explanations

Follow SAP SIMPLE Docs

ARTICLES

FIORI

Jayanth Maydipalle

Material Management

Accounts Payable Transaction Codes- SAP

Accounts Payable Journal Entries

What is Personal Ledger Account or PLA? How is it

maintained?

SAP FI-MM Integration

Asset Accounting Journal Entries

KEY FEATURES OF SAP S/4 HANA FINANCE – 1709

ON-PREMISE

Recurring Entries

Configure Tax on Sales and Purchases

Create Bank Accounts on Fiori / NWBC

Document splitting

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ARTICLES IN C LO U D FO RMAT

Accounts Payable Activity Type

Configure Tax on Sales and Purchases

Extended Withholding Tax

Foriegn Currency General Ledger

Internal Order

Legacy System Migration Workbench-

LSMW

PERIOD END CLOSING ACTIVITIES

Reconciliation Ledger S4 FINANCE

SAP-Accounts Payable

SAP-Accounts Recievables

SAP- Asset Accounting SAP-CIN

SAP-Controlling SAP-COPA-CO

SAP-FICO Transaction Codes

SAP-FICO Video tutorial

SAP-General Ledger SAP- HANA

SAP- House Banking

SAP-New General Ledger SAP FICO

SAP FICO Interview Questions

SAP HANA Simple Finance

SAP Job Opportunities SAP S/4 HANA

Transaction Data Upload

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