Introduction to sap's monthly completion process

Process description

The fi final checkout process includes a series of checkout processes, such as accounts receivable, accounts payable, fixed assets, management accounting, and general ledger checkout. For the annual settlement, the remaining balance is carried forward and the fixed assets are changed annually, issues various accounting statements through monthly and yearly settlement;

The specific process is as follows:

(1) Finance Department

1. confirm that the current month's salary has been pre-submitted.

(2) sales and distribution

1. Determine the settlement deadline (determine the end date of the sales revenue)

2. Determine the shipping deadline

(3) Material Management: Determine the deadline for receiving and receiving materials (including finished products)

(4) Accounts receivable: confirm that all transactions have been posted

(5) Accounts payable: determines that all payment requirements have been posted

(6) Fixed assets

1. unaccepted device settlement

2. Capitalization of unaccepted devices to fixed assets

3. confirm that all fixed assets have been accepted

4. Depreciation

5. Perform depreciation adjustment (re-Execute depreciation) in special cases)

(7) general ledger (I)

1. New accounting period opening

2. Execute the regular credential

3. Enter the end-of-month accrued creden and rotate at the beginning of the next month

4. Evaluates outstanding items and foreign currency balances, and changes back at the beginning of the next month

5. Make sure that the data obtained by other systems has been posted correctly.

6. Check the amount of income and fee subjects (if you need to adjust the account amount, you need to open the accounting period for the adjusted account-related closed accounts)

7. Check the amount of assets and liabilities (if account adjustment is required, you need to open the accounting period for the adjusted account-related closed accounts)

8. Close accounts for assets, customers, suppliers, materials, general ledger, and other subjects

(8) Cost Accounting

1. Product Cost Plan: confirm the planned costs of the job type, workstation, process, and cost estimation.

2. Execute cost center periodic apportioned (confirm raw materials and expenses (including depreciation) are included in the System)

3. print the report to check whether the general ledger amount and the cost center fees after the apportioned items are consistent

4. Product Cost settlement (ticket settlement)

Close account during 5 fi/CO/mm Period

(9) general ledger (II)

1. The account closing action has been completed during the confirmation period.

2. Print the financial report

(10) other assignments at the end of the year

1. Accountant's annual adjustment entry

2. New accounting year opening

3. The system sets the credential number range for the New Year.

4. carry forward the general ledger account balance to the next year

5. carry over unfinished projects of customers and suppliers to the next year

6. Check whether the amount transferred to the current year is consistent with the balance of the previous year.

7. Annual fixed asset closeProgram