Realtime SAP SD FI Advance and Down Payment Scenarios

Advance Payment or Pre payment or Down payment with Sales and Distribution and FICO integration
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Realtime  SAP SD FI Advance and Down Payment Scenarios
98
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5 hours
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Dec 2024
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$49.99
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Why take this course?

🌟 Course Title: Realtime SAP SD FI Advanced & Down Payment Scenarios

🎓 Course Headline: Master Advance/Prepayment/Down Payment with Sales, Distribution, and FICO Integration!


Unlock the Full Potential of SAP SD & FI for Advanced Payment Processes!

Are you ready to dive deep into the world of Advanced and Down Payment scenarios within SAP Sales (SD) and Financial Accounting (FI)? Join us in this comprehensive online course led by the expert, Jagadish Koomar. This course is designed to equip you with the knowledge and skills required to navigate and execute complex payment transactions effectively.

Course Content Overview:

  • SAP Advance Payments Introduction:

    • Understand the fundamentals of advance payments within SAP.
  • System Pre-Setup:

    • Learn about the necessary preliminary setup before you can process down payments in realtime.
  • First Method: Condition-Based Down Payment Process

    • Gain insights into the high-level process of handling down payments, integrating both Sales and Distribution (SD) and Financial Integration (FI).
  • High-Level Down Payment Condition Types Brief and Routines

    • Explore various condition types and routines that are crucial for a smooth down payment process.
  • Must-Required Finance Settings

    • Discover the essential finance settings you need to have in place before processing down payments.
  • First Method Transactional Process Against Order to Cash

    • Step through the transactional process of handling down payments against order-to-cash transactions.
  • Second Method: Using a Billing Plan Configuration Setup

    • Learn about setting up billing plans and how they impact down payment processing.
  • Second Method Transactional Process Against Sales Order

    • Understand the transactional process of recording down payments against sales orders.
  • Third Method & Conclusion: FICO Direct Postings

    • Explore the integration with FICO for direct postings and how to ensure accurate financial reporting.

🔍 Advanced Payment Considerations:

Advance receipts from customers are crucial for maintaining accurate financial records. In SAP, when a down payment is received, it's important to record this as a liability on the balance sheet. This involves special general ledger (GL) transactions and an alternative reconciliation account.

  • Creating the Link Between Reconciliation Accounts

    • Learn how to link the standard reconciliation account to the alternative reconciliation account using transaction code OBXR.
  • Posting Down Payments as Special GL Transactions

    • Understand the process of posting advance receipts as accounts receivable down payments.

This course is not just a collection of slides and presentations; it's an immersive journey through the complexities of SAP SD & FI with real-time scenarios and practical exercises designed to solidify your understanding. 🖥️📚

Key Takeaways:

  • Realtime Scenario Execution: Apply what you learn in real-time scenarios, ensuring you can handle advanced payment situations confidently.

  • Expert Guidance: Learn from the best with expert instructions and insights from Jagadish Koomar.

  • Comprehensive Coverage: From system setup to transactional processing, this course covers all aspects of managing down payments in SAP SD & FI.

  • Financial Integrity: Ensuring that financial records reflect the true position with correct posting of down payments and reconciliation.

📆 Enroll today and transform your expertise in SAP Sales and Financial Accounting! 🚀💡

Course Gallery

Realtime  SAP SD FI Advance and Down Payment Scenarios – Screenshot 1
Screenshot 1Realtime SAP SD FI Advance and Down Payment Scenarios
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Screenshot 2Realtime SAP SD FI Advance and Down Payment Scenarios
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Screenshot 3Realtime SAP SD FI Advance and Down Payment Scenarios
Realtime  SAP SD FI Advance and Down Payment Scenarios – Screenshot 4
Screenshot 4Realtime SAP SD FI Advance and Down Payment Scenarios

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03/02/2024
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17/02/2024
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