Creation of company / company code and assignment, Creation of business area, defining & assignment of fiscal year variant, posting period variant (opens/close posting period).
Maintenance and assignment of field status variant, field status groups, credit control area, document numbers ranges for various document types, tolerances group.
FI - General Ledger
§ G/L account configuration & master data analysis (Defining COA, account Groups), account posting, automatic accounts assignment, retained earnings accounts.
Creation of general ledger master with posting, display, change, block, unblock, creation of layout.
Creation of parking document holds document, sample document, accrual/deferral document, recurring document, and reversal of document.
Open item management with clearing, configuration of special G/L account, setting up cash journal, running petty cash journal postings.
Responsible for all end user activities in general ledger accounting.
FI - Accounts Receivable
Creation of customer account groups and assignment of number ranges and tolerance, creation of customer master and posting of customer transactions (Sales invoice posting, incoming payment posting, raising a credit memo), partial payment, residual payment, multiple invoices, cash discount, interest calculation.
FI - Accounts Payable
Creation of vendor account groups and assignment of number ranges and tolerance, Creation of vendor master and posting at vendor transactions (Invoice postings, payment postings, raising a debit memo).
Creation of payment terms, setting for advance payment (down payment) to parties and clearing of down payment against invoices, setting of automatic payment program, interest calculation, cash discount.
Bill of exchange, discount charges, withholding tax, define tax country/ tax key/ tax code/ tax type, VAT calculation,
FI - Asset Accounting
Creation of depreciation area, Asset Classes, Creation of Asset Master Records, Asset Transfers, Asset Retirement, Asset Scrapping, Screen Layout rule, settlement of Assets under Construction.
Maintain Depreciation Keys, Multi-Level methods, Integration with GL accounts, Fixed assets, number ranges, Legacy Assets Transfer using LSMW tool.
Period closing and transferring data to next periods, Providing Depreciation on assets using Depreciation Run, financial statement versions, trial balance, closing down procedures, reports