IUT240 - Contract Accounts Receivable and Payable

Course Version: 062

Duration: 5 days

Delivery Type

• Instructor-led Classroom

Audience

• Project managers
• Project teams

Prerequisites:

Essential

• None

Recommended

• IUT110 Introduction to the IS-U/CCS System or
• IUT210 Master Data and Basic Functions

Goals

• This course covers the technical data context of contract accounts subledger and its integration into FI general ledger accounting and other standard SAP modules.
• Using concrete examples, participants learn how the most important business processes from the contract accounting area are represented in the system.
• An impression is given of how efficient revenue managment can be achieved based on the contract accounts receivable and payable.

Course Based on Software Release

• ERP ECC 6.0

Content

• Organizational elements of contract accounting
• Transactions and account determination
• Posting and documents
• Account information
• Payments and returns processing
• Cash desk and payment lot
• Settlement control
• Deferrals/installent plans
• Interest calculation
• Dunning and collection
• Security deposits
• Transfer to general ledger (FI-GL) and integration into further SAP components
• Contract accounting as the basis for credit and collections management
• Demonstration of the customizing functions for all business processes