SAP Accounts Receivable Training

A warm welcome to the SAP Account Receivable course by Uplatz.

The SAP Account Receivable module accounts for all accounting data about a customer. All postings in AR are captured in GL as well. The nature of posting identifies the GL Account to be posted to. All AR postings can be reviewed using different reports and programs. Any transaction with a customer means that the organization expects some money is come into the account.

SAP Accounts Receivable helps small and mid-sized businesses optimize core accounting processes with real-time insights into bank balances for improved management. A user-friendly, electronic interface supports the ability to centrally manage receivables with enhanced automation features. The automatic scheduling feature is designed to keep users current on outstanding receivables and also creates and sends reminders to customers with overdue payment items. It provides real-time visibility into integrated ledgers for full transparency. Better forecast cash flow and manage payments due. Maintain control over outstanding payments with automated payment clearing and rapid processing. The accounts receivable module integrates seamlessly with Microsoft Office Excel for enhanced financial reporting capabilities.

The accounts Receivable component is part of the SAP FICO module and is responsible for recording and controlling all customers' accounting data. It is an essential part of sales management. All postings in SAP Accounts Receivable are directly recorded in the General Ledger and different G/L accounts are updated based on transactions such as receivables, down payments, bills of exchange, etc. SAP Accounts Receivable contain a range of tools that are used to monitor things such as account analyses, alarm reports, due date lists and dunning programs. The communication linked to these tools can be suited to the requirements. This is the case for payment notices, balance confirmations, accounts statements, and interest calculations.

SAP Accounts Receivable form the basis of adequate and orderly accounting besides providing the data required for effective credit management as well as important information for the optimization of liquidity planning. There are a range of tools available for documenting the transactions that occur in Accounts Receivable, including balance lists, journals, balance audit trails, and other standard reports. When drawing up financial statements, the items in foreign currency are revalued, customers who are also vendors are listed, and the balances on the accounts are sorted by their remaining life.

Uplatz provides this end-to-end course on SAP Accounts Receivable covering in detail the configurations and implementations required in SAP Accounts Receivable (AR) module. The course also covers key AR topics such as Creating Customer Accounts, G/L Reconciliation Accounts, Dunning, Taxation, International Currencies, and so on.

Course Syllabus:

• What are Accounts Receivable in SAP?

• Creation of Customer Account Group.

• Create Number Ranges for Customer Accounts.

• Assign Number range to Customer Accounts groups.

• Define tolerance group for Customers.

• Creation of GL Reconciliation Accounts (Sundry Debtors).

• Creation of Customer master records.

• Document types and Number range (DR, DZ, DA).

• Bill of Exchange.

• Dunning.

• Taxation.

• International Currencies.

• Transaction codes in SAP Accounts Receivable.

Create/maintain customer master records

• FD01 - Create customer master records
• FD02 - Change customer master records
• FD02 - Maintain accounting notes
• FD03 - Display customer master records
• FD05 - Block/unblock customer master from further services/charges/payments
• FD06 - Mark customer master records for deletion
• ZFBL5N - Maintain master records from line items

Create/maintain/adjust customer invoices

• F-22 - Enter customer invoice
• ZAR3 - Feed departmental invoices into SAP
• ZFBL5N - Display invoice line items
• F-22 - Transfer customer debit/credit
• ZFBL5N - Change line items
• FB08 - Reverse A/R document
• F-27 - Enter credit memo
• F-32 - Clear customer account (with or without residual items)
• FB07 - Maintain invoice control totals
• SA38 - Run line item journal
• FD02 or FD03 - Maintain line items from master records
• ZAR4 - Create telephone invoices
• ZAR5 - Maintain telephone invoice table
• SM30; ZARTINVLOG - View telephone invoice log

Apply for cash payments

• FLB1- Apply unprocessed cash from the lockbox
• F-26 - Post wire transfer/checks via fast payment
• F-27 - Credit customer for payroll deduction
• F-22 - Process bounced checks
• ZFBL5N, FBRA - Reset cleared line items
• FBL3 - Search for invoice line item amount

Find/collect overdue (& credit) balances

• ZAR2 - Run ageing report by dunning area
• FD02 - Maintain accounting notes
• F-22 - Issue customer refund

Generate reports

• ZAR1 - Print replacement billing statements
• ZAR2 - Run ageing report by dunning area
• F150 - Print dunning letters
• FD02 - Block/unblock dunning of customers by dunning area
• ZFBL5N - Block/unblock dunning of line items
• F150 - Print list of blocked accounts
• F150 - Print list of blocked line items
• SM30 - Maintain table of the dunning area responsible persons
• SM30 - Maintain table of dunning letter names and phone numbers
• SART - Run customer activity report
• ZAS1 - Report Errors in Dunning Procedure and Dunning Area
• ZAS2 - Find customers with open items and zero balance

Who is this course for?

• SAP FICO Consultants & End users.
• Candidates preparing for Accounts Receivable - O2C - with SAP jobs.
• Sap FICO FSCM Consultants.
• SAP FI Accounts Payable/Receivable Application Developers.
• Accountants and Account Directors.
• Newbies and beginners aspiring for a career in SAP FI.
• SAP Accounts Receivable Consultants / Power users.
• Solution Specialists - Accounting (SAP FI).
• SAP FICO Taxation Consultants - AR/AP Modules.
• Accounts Assistant / Officer Accounts.
• Anyone interested in learning SAP Finance?
• Account Heads and Supervisors.
• CAs, CFAs, Accountants.
• Business Analysts & Consultants.
• Project Managers.