Unit 1: Financial Closing Overview and Basic Settings
- Explaining the Periodic Closing Process
- Explain the order in which closing activities are carried out
- Explaining Basic Settings in General Ledger Accounting (new)
- Explain the basic settings in General Ledger Accounting (new)
- Explain the entity segment
Unit 2: Financial Statements
- Managing Financial Statements
- Execute the financial statement report (RFBILA00)
- Maintain financial statement versions
- Executing Drilldown Reports
Unit 3: Fixed and Current Assets
- Executing Closing Activities Within Asset Accounting
- Execute the depreciation posting program
- Execute the fiscal year change program
- Execute the fiscal year-end program
- Create the asset history sheetManaging Closing Activities in Materials Management
- Manage the physical inventory procedure
- Manage the GR/IR clearing account
- Manage different types of stock valuation
Unit 4: Receivables and Payables
- Creating Balance Confirmations
- Explain closing activities in receivables and payables
- Create balance confirmationsManaging the Foreign Currency Valuation
- Explain the various methods of foreign currency valuation
- Manage the foreign currency valuation of open items
- Manage the foreign currency valuation of balance sheet accountsManaging Value Adjustments
- Explain the different types of value adjustments
- Post individual value adjustments
- Manage flat-rate individual value adjustment
- Regrouping Receivables and Payables
- Regroup receivables and payables
- Regroup receivables and payables with affiliated companies
- Regroup open items based on changed reconciliation accounts
Unit 5: Accruals and Deferrals
- Posting Accruals and Deferrals
- Post accruals and deferrals manually
- Post accruals and deferrals automatically
Unit 6: Technical, Organizational, and Documentary Closing Activities
- Managing Technical Steps During the Period-End Closing Activities
- Explain technical, organizational, and documentary closing activities
- Execute the balance carryforward program
- Open and close posting periods
- Execute technical reconciliationExecuting the Balance Audit Trail
- Explaining the Purpose of Document Splitting in General Ledger Accounting (new)
- Managing CO-FI Real-Time Integration
- Posting Ledger Group-Specific FI Documents
Unit 7: Financial Closing Cockpit
- Managing the Financial Closing Cockpit
- Explain the advantages of the Financial Closing Cockpit (FCC)
- Configure the FCC
- Execute tasks in the task list
- Manage tasks with dependencies
Unit 8: Intercompany Reconciliation
- Performing the Intercompany Reconciliation Process
- Explain the Intercompany reconciliation process and functions
- Perform the Intercompany reconciliation process for open Accounts Receivable (AR) and Accounts Payable (AP) items
