SAP Consultancy, Solution Advisory, Project Management and Training

SAP Financial Accounting

Having in-dept knowledge of both ECC and S/4 HANA, skilled in both Classic and SAP General Ledger and experience with IFRS, BGAAP and other local GAAP's the full portfolio of SAP Financial Accounting can be supported.


  • Financial Accounting Basic Settings
    • Organisational structure: companies, company codes, controlling area(s), operating concern(s) and more...
    • Fiscal years
    • Ledgers
    • Currencies and exchange rate types
    • Document types
    • Parallel accounting including document splitting
    • Integration with other modules (controlling, bank accounting, asset accounting, materials management, sales and distribution etc.)
    • and more...
  • Taxes
    • VAT: setup VAT codes and reporting
    • Withholding taxes
  • Intercompany Reconciliation
  • General Ledger
    • Chart of Accounts: Group Chart of Accounts, Country Chart of Accounts and Alternative Chart of Accounts
    • Other master data: profit centers inclusing hierarchies and groups, segments, business areas, custom fields including the necessary controls
    • Profit center and segment reorganisation
    • Clearing rules
    • Accurals and deferrals
    • Recurring entries
    • Foreign Currency Revaluation
    • Balance Carry Forward
    • Balance Interest Calculation
    • Cash Journals
    • Planning
    • Correspondence
    • Integration with cash management
    • Reporting: Financial Statements, custom drilldown reports, custom report writer and report painter reports and more...
  • Bank Accounting
    • Bank Master Data
    • Electronic Bank Statement (CODA, MT940, XML)
    • Manual Bank Statement
    • Bank Statement Reconciliation
    • Automatic payments (credit transfers, direct debits, cheques, down payments)
    • Integration with Isabel or directly with banks
    • Integration with cash management
  • Cash Management
    • Cash Position: short term view of the cash position in each currency by value date & bank account
    • Liquidity Forecast: medium term view of the expected incoming & outgoing cash flows (A/R, A/P & Logistic)
    • Currency exposure analysis
    • Cash concentration & bank-to-bank transfer functions
  • Accounts Payable
    • Vendor master data
    • Integration with business partners
    • Special g/l transactions
    • Automatic payments (credit transfers, direct debits, cheques, down payments)
    • Foreign Currency Revaluation
    • Reclassification (vendors with debit balance, long term > short term)
    • Correspondence
    • Integration with cash management
    • Reporting: custom drilldown reports and more...
  • Accounts Receivable
    • Customer master data
    • Integration with business partner
    • Special g/l transactions
    • Dunning
    • Foreign Currency Revaluation
    • Reclassification (customers with credit balance, long term > short term)
    • Doubtful receivables
    • Bad debt
    • Correspondence
    • Integration with cash management
    • Reporting: custom drilldown reports and more...
  • Asset accounting
    • Muli-GAAP, parrallel accounting and internal asset accounting
    • Asset master data
    • Assets under construction including integration with projects and internal orders
    • Capitalisations
    • Automatic depreciations (lineair, declining etc.)
    • Manual depreciations
    • Impairments
    • Transfers (intra- & intercompany)
    • Retirements
    • Sales
    • Reporting
  • Closing processes

    • Improve and accelearate the closing processes by increased optimising & automation of intercompany reconciliation and automation of postings.
    See also how to streamline closing processes.