Goals

• Explain the basic concepts of Financial Accounting master data and business processes
• Describe the Purchase-to-Pay business process and how it integrates with the General Ledger and Accounts Payable.
• Describe the integration between the Order to Cash business process and Financial Accounting

Audience

• Customers and consultants who are new to SAP ERP Financial Accounting
• IT professionals who will be supporting the business processes used by their organizations.
• Project team members, who need an understanding of the key aspects of the SAP Financial Accounting business processes

Prerequisites

Essential

• Conceptual or practical knowledge of how companies manage their financials
• TERP01 Intro to SAP ERP and SAP NetWeaver

Recommended

• SAP129 SAP Navigation

Course based on software release

• SAP ERP 6.0, EhP5

Content

• Tasks in Financial Accounting
• Organizational Levels in Financial Accounting
• General Ledger Accounting
• Accounts Payable processes
• Accounts Receivable processes
• Asset Accounting processes

Notes

• TERP21 provides a simple overview of business processes in Financial Accounting. It is not an appropriate substitute for AC010 or for participants who are interested in a deeper understanding of SAP’s Financial Accounting application. TERP21 is best suited to those who need to have a high-level understanding of SAP Financials but who are unlikely to continue with additional Financial Accounting courses.

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