Ready Reference

COPA                                                                                                   

Costing based & Accounting based COPA

Structures

Values fields

Flow of actual values

                Transfer of Incoming Sales Orders – relation ship between condition type and   Value field

                Transfer of Billing Documents - relation ship between condition type and             Value field

                Order and Project Settlement – Maintain PA structure, maintain assignments, assign gl’s to it and finally update value fields.

Direct Posting from FI/MM

                Settlement of Production Variances

Transfer of Overhead

PA transfer structure: A rule that assigns costs and revenues from other applications to the quantity fields and value fields in Profitability Analysis (maintain assignments, assign gl’s to it and finally update value fields)

Profitability segment: object within Profitability Analysis to which costs and revenues are assigned.

FI-MM

Valuation group

General modifier: General modification(GM) is active only for transactions where offsetting entries are posted. (between cost center, transfer to Production order)

The valuation class allows you to define automatic account determination that is dependent on the material.

Transaction Key: These contain keys for the relevant posting transaction (for example, inventory posting and consumption posting) instead of actual G/L account numbers.

3 way matching

The Quantity & Price is matched between PO, GR & IR. (Three Levels)

Configuration for Quantity Variance (DW): Inv received before GR sets block (MRBR)

Tolerance Key DQ: Invoice qtr higher than PO and GR

Tolerance Key PP: compares the  price between purchase order & invoice with the Tolerance limit specified in the configuration. (MRBR)

Configuration for Order Price Quantity (OPQ)

Tolerance Key BR (IR before GR)

Tolerance Key BW (GR before IR)

APP

Sending company – grouping

Setup paying company code - Form – payment advise

Payment method at country – ACH or check – DME or z program details,

Payment method of company code -

DME

T.Code DMEE / DMEE1 - DMEE tree (Payment Media Format) is created and

activated. Outgoing Payment Files use Tree Type PAYM.

T.Code OBPM1 / OBPM1A– Assign the file format (eg. Xml) to the Payment

Medium Format. The names of the Payment Media Format and the DMEE tree

should be identical. Assign Text fields for Note to Payee for the length and

number of fields.

T.Code OBPM2 – Set the data fields for the Note to Payee.

T.Code FBZP: Payment Methods in Country - Payment Method is created and

assigned to Country. The DMEE tree (Payment Media Format) assigned in the

section of Payment Medium Workbench. The Bank Transfer needs the IBAN

and SWIFT set up. Assign parameters for “Note to Payee”.

T.Code FBZP: Payment Methods in Company Code - Assign the Payment

Method to the Company Code. Set the Payment Advice control.

T.Code FBZP – Configure Bank Determination for the Payment Method.

T.Code OBPM4 – Create Selection Variant for the Payment Medium Format

EBS  - External transaction 2. File unique identification number send by sender, 3. Account symbol, 4. Assign account to it, 5. Create posting rules, 6. Define posting rules, 7. Create transaction type, 8. Assign it posting rule, 9. Assign bank accounts to transaction types.

Document Splitting

Active – splitting rule, document type, business transaction and Item category

Passive (inherent logic) – determined program internal .. Inheritance and account

Asset Accounting

Chart of depreciation – List of depreciation areas as per business and legal requirement.

Depreciation area – Valuation of fixed asset for a particular purpose. Real dep get values by it own – derived get values some other dep areas

Depreciation Key

                Base method – Ordernary/ lease /diminishing

                Declining balance method (upper limit and lower limits)

                Multilevel method (%)

                Period control method (in which period should cal dep for ac, ret, )

Unit of production depreciation: Depreciation = acquisition value (net book value) / total output (remaining output) * period output (STCK) – maintain AO25

PERIOD END ACTIVITES - FICO

Update Exchange Rates

Gaps in Document Number Assignment

Invoice Numbers Allocated Twice

Open and Close Posting Periods

Enter Recurring Entries

Post Recurring Entries

Run Batch Input Session

Automatic Clearing of GR/ IR Account special process

Analyze GR/ IR Clearing Accounts

Automatic Clearing of GR/ IR Account

Post Adjustment Entries

Foreign Currency Revaluation

Post Tax Payable

Record of sales and Use Tax Report

Comparison Documents/ Transaction Figures

Close Previous Accounting Period

Balance Interest Calculation

Display Document Journal

Financial Statement

2. Year-end closing in Financial Accounting

Create Factory Calendar for New Year

Carry Forward AP/ AR Balances

Carry Forward GL Balances

Re-grouping Receivables/ Payables

Balance Confirmation Receivable

Balance Confirmation Payable

Final Close and Release Financial Reporting

Close Previous Accounting Period

Display Document Journal.

Print 1099 MISC forms (Only for USA)