TAILIEUCHUNG - THE BEST-RUN E-BUSINESSES RUN SAP: Financial Accounting Course

This prediction is, of course, dependent on the assumption that sales follow a random walk. For example, if sales followed a simple autoregressive process, with the variable expense assumption earnings would follow a similar process. The preceding analysis shows that a very simple model of the firm that assumes sales follow a random walk and allows only for accounts receivable, accounts payable and inventory accruals can generate the basic time series properties observed for operating cash flows, earnings, and accruals. As mentioned in the introduction, one reason for accountants' interest in the properties of accruals, earnings, and cash flows is to. | THE BEST-RUN E-BUSINESSES RUN SAP Financial Accounting Course 5101 Camden Lane Pearland TX 77584 - 1 - Introduction SAP stands for Systems Applications and Products in Data Processing. Five German Engineers founded it in 1972. SAP is an ERP software which large organizations use to manage their business. SAP has several modules each of which represent a business-process. Modules are usually abbreviated for the business process they represent. For instance HR is Human Resources FI for Financial Accounting and SD is Sales Distribution and so on. All together there are some nineteen modules. These modules are highly integrated in real-time which means that if information is shared between modules then the data is entered only once. This reduces the chances of error arising from repetitive entry and also reduces the man-hours. Managers and decision makers always have information at their fingertips and this helps then in effective decision making. SAP has been around for over three decades. Nine out of ten Fortune-500 companies have already implemented SAP not counting the thousands of to-be Fortune-500 companies that have SAP . There are well over 10 million SAP users worldwide and jobs keep popping up all around the world. SAP is the leading ERP Enterprise Resource Planning software. Because of it s liberal openarchitecture there are millions of programmers working around the world to provide interaction between thousands of major software and SAP. SAP is usually implemented in phases. The first phase is when organizational structure and accounting components are configured tested and then taken live. Gradually more modules are turned on. FI Course The purpose of this book is to learn step-by-step general configuration methods for the FI module which has always been the backbone of all SAP implementations. The course is built on menu path navigation of the Implementation Guide IMG and the application area. LearnSAP LearnSAP strives .

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