Sap Fi Bootcamp Training Case Study for Day5

SAP FI ECC 6.0 Bootcamp Case Study 1 Feedback

Z65402/Z65590 Page 1 of 30 Copyright © Accenture 2007 All Rights Reserved SAP FI ECC 6.0 Bootcamp_CS 1 Feedback_Day 5.doc



Z65402/Z65590 Page 2 of 30 Copyright © Accenture 2007 All Rights Reserved SAP FI ECC 6.0 Bootcamp_CS 1 Feedback_Day 5.doc

Case Study 1: Asset Procurement to Payment

Scenario Company R100 is going to purchase a new car for the newly promoted manager under Management group cost centre in Brisbane. After a long discussion, it has been decided that the car is Mazda 3 Sedan. The company is looking at opportunities to build a long-term relationship with the new local car dealer that it has never done business with. The dealer agrees to company R100 terms that the payment shall be made 60 days from invoice date. This is a very good contract for the company considering that the payment term is longer than other vendor agreements. Car dealer details: Name: Fast Cars XX (note: XX = your participant no) Fax 1: 06157/637-300 – Sales Fax 2: 06157/637-350 – Account Manager Bank Details: Bank Key: 200309XX (XX = your participant no) Bank Account: 890185477 Acct Holder: Fast Cars XX Bank Name: Brisbane Bank Street: 412 George St City: Brisbane Bank number: same as bank key Car specification: 4-door Sedan, 5-speed Manual, 4cyl at 104kW Agreed price: 30,000 DEM, including GST

Instructions 1. Post asset acquisition from the car dealer with the correct payment term and tax code 15% input tax (assumption: acquisition is done directly in FI; no Purchase Order is to be created).

2. Review asset balance.

3. Review the vendor balance and line items before payment. Check that the payment is due 60 days after the invoice date.

4. Company R100 makes payment once every week through automatic outgoing payment selection. You should post the payment as if the payment is already due; i.e., it is already 60 days from the invoice date.

5. Review the vendor balance and line items after payment. The invoice should be cleared by the payment.


Z65402/Z65590 Page 3 of 30 Copyright © Accenture 2007 All Rights Reserved SAP ECC 6.0 FI Bootcamp_CS 1 Feedback_Day 5.doc

Case Study 1: Feedback Asset Procurement to Payment Check Your Work

Follow the following steps to complete the exercise:

1. Create new bank master record (transaction FI01) as specified in the Bank Details

(Bank master record created during creation of Vendor)

2. Create vendor master for Fast Cars XX (transaction FK01/XK01)

• Reconciliation account 160000 Trades Payable – Domestic



• Enter in relevant data



• Enter in the fax details:



• Enter in the Bank Details:

• Enter the bank data:

• Press on the following button and the next screen will appear:





• Note the payment terms of the vendor (I have used SU = Check – this must align with the Payment Process)



3. Create new asset (transaction AS01)

• Asset Class 3100 Vehicles

• Cost Centre M81100



• Select the appropriate Asset Class by searching for it first:

:



• Note the Asset Class Vehicles selected:



• Enter in the appropriate General data:



• Select the appropriate Cost Centre on ‘Time-dependent’ tab, select from the drop down



4. Create new payment term select new entries (OBB8)

• Begin with Zxxx – put correct parameter that it is due in 60 days





5. Post manual acquisition/vendor invoice (transaction F-90) with tax code V1







6. Use Asset Explorer (transaction AW01N) to display asset balance

• Note that 30.000, is the acquisition cost



7. Use Vendor Line Item Display (transaction FBL1N) to display vendor line items



• Note the example below:



8. Create automatic payment (transaction F110)



• Note the Pmth = SU (Check) needs to correspond to the payment method of the Vendor/. Next p/date needs to cover the base line

date + payment terms; i.e., Base line date was 15.07.2007 and the payment terms was ZR01 (net 60 days). Thus, we need to set the Next p/date to at least an added 60 days to pick up the invoice entered.





• Click on the proposal





• Check out the proposal:

• Note that there should be an outgoing payment amount or else there will be no payments created. Rectify the issue and run the

payment process, select the button and go back.



• Process





• Print the check then review using SP01 for the output

Documents

Sap Fi Bootcamp Training Case Study for Day5