Chapter 03-02: Financial Accounting Process Execution|all you need

Part I - Table of Contents Table of Contents Section I.1: Invest into GBI...........................................................................................................................3 Section I.2: View Account Balances.............................................................................................................5 Section I.3: Purchase Supplies for Cash.......................................................................................................7 Section I.4: Purchase Supplies via Payables – Misc......................................................................................9 Section I.5: Pay Rent..................................................................................................................................12 Chapter 03:FI Process Execution Page 3 of 25 © 2017 Epistemy Press, LLC. Section I.1: Invest into GBI In this section, an outside investor invests $60,000 into GBI. You must record this transaction in GBI’s books within SAP. You will credit $60,000 to GBI’s common stock (shareholder equity) account and debit the same amount to GBI’s Bank Account within the SAP system. Step: I.1.1: In the“SAP Easy Access”screen, follow the navigation path below: Navigation SAP Easy Access MenuAccountingFinancial AccountingGeneral LedgerDocument Entry  Enter G/L Account Document 1: What is the transaction code to post a journal entry? FB50  You may be required to enter in your company code.  If you are not asked to enter in yourcompany code and the transaction does not say your company code at the top of the screen, you can change the current company code to yours by clicking Switch Company Code . Step: I.1.2: In the“Enter G/L Account Document: Company Code US##”screen, enter the following information: Attribute Description Data Value Document Date Date on which the original document was issued Today’s Date Posting Date Date which is used when entering the document in Financial Accounting or Controlling. Today’s Date Chapter 03:FI Process Execution Page 4 of 25 ©