Unit 3b-Financial Accounting-Organizations Structure Part A

7/30/2019 Unit 3b-Financial Accounting-Organizations Structure Part A

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nancial Accounting (FI)

- OrganizationalStructures -

MELJUNCORTES


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January 2008This is the first step of our implementation of SAP2

Business Process Integration

FI

Org

Data


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January 2008 SAP AG - University 3

Organizational Data

A hierarchy in which theorganizational units in an enterpriseare arranged according to tasks and

functions

Are static data and are rarelychanged

The definition of organization units isa fundamental step, it is a criticalfactor in how the company will bestructured


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Unit 3, Part 3 OrgStructures

Organizational Structures

Client

Company Chart of accounts

Company code

Credit control area


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Client

Highest hierarchical level in anSAP environment

A complete database containingall the tables necessary forcreating a fully integratedinformation system

Master records are created atthe client level


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Client

Setting Up Clients in Customizing


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Company

A company is the smallestorganizational unit for whichindividual financial statements can

be drawn up according to therelevant commercial law.

Consolidated financial statements

are created at the company level A company can include one or more

company codes

All company codes must use the


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Client

Company

Organizational Structure


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Company Code

A legally independent entity

The smallest organizational unit for

which accounting can be carried out Business transactions are processed

at this level

Accounts are managed at this level Legal financial statements, such as

the balance sheet and the income

statement, are generated at this


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Chart of Accounts

A listing of the accounts (assets,liabilities, equity, revenues, andexpenses) that are contained in the

General Ledger

A list of all G/L accounts used by oneor several company codes.

A chart of accounts must be assignedto every company code in order tocreate the General Ledger for thatcom an


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Types of COA

operative COA

country-specific COA

group COA


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GBI US GBI DE

UnitedStates ChartofAccounts

CanadianChart ofAccounts

Chart of Accounts

OperativeChart ofAccounts


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Different financial statements foreach company code because ofregulatory requirements of each

country


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CompanyCode 010

CompanyCode 038

CompanyCode 110

CompanyCode 117

UnitedStates ChartofAccounts

CanadianChart ofAccounts

Chart of Accounts


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Client

CompanyChart of

AccountsCompany

Code

Organizational Structure


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Balances in balance sheet accountsare carried forward into the sameaccount at the end of the year.

Balances in the P & L accounts arecarried forward into differentspecified accounts.


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Ex: Accounts in the GL00

COA Profit and Loss Accounts Sales Revenue

Sales Discount Miscellaneous Revenue

Revenue Deductions

Gain or Loss on Sale of Assets

Customer Service Revenue

Customer Service Revenue Settlement


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Profit and Loss Accounts

Raw Material Consumption Expense

Finished Product Consumption Expense Trading Good Consumption Expense

Semifinished Consumption Expense

Supplies Expense

Utilities Expense

Legal and Professional Expense


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Insurance Expense-Liability

Payroll Expense-Office Payroll Expense-Administrative

Sales Expense

Tax Expense-Property

Tax Expense-Income

Miscellaneous Expense


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IT Expense Account

Production Order Variance ExpenseAccount

Utilities (electricity and phone)

Mftg Output Settlement Mftg Output Settlement Variance

Purchase Price Difference

Production Variance


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Balance Sheet Accounts

Bank Account

Alternate Bank Account Trade Accounts Receivables

Miscellaneous Account Receivable

Interest Receivable

Inventory-Raw Materials

Inventory-Finished Goods

-


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Inventory-Production Supplies

Inventory-Suspense Inventory-Operating Supplies

Prepaid Insurance

Prepaid Rent

Notes Receivable

Land


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Office Furniture

Accumulated Depreciation-OfficeFurniture

Office Equipment and Computers

Accumulated Depreciation-OfficeEquipment and Computers

Vehicles

Accumulated Depreciation-Vehicles


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Payables-Income Taxes

Payables-Miscellaneous Payables-Interest

Payables-Short Term Notes

Payables-Ling Term Notes

Payables-Commissions

Goods Receipt/Invoice Receipt Account

-


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Accrued Tax Input

Unearned Revenues Common Stock

Additional Paid-in-Capital

Retained Earnings

Documents

Unit 3b-Financial Accounting-Organizations Structure Part A