Training Schedule Training Schedule

(AC207) Parallel Accounting Standards / New GL
Code: AC207 v15
Type: null
Tuition (USD): $2250
Length: 3 Days
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Skills Gained:
•explain why parallel accounting is needed •understand the two different ways supported by SAP, for mapping parallel valuations •configure important topics of both the accounts and ledger approaches to parallel valuation •describe significant examples in which parallel values occur and demonstrate them in the SAP ERP application •fulfill reporting requirements, e.g. segment reporting (=> IFRS 8) •understand the (technical) steps/projects needed to be done to run an ECC6.0 system with activated new G/L
Who Should Attend?
•People with good SAP Financial Accounting knowledge who want to learn about handling Parallel Accounting with the SAP ERP •People responsible for implementing a parallel valuation/accounting, e.g. because IFRS and/or US-GAAP and/or a tax valuation will be needed in the future •SAP Consultants and Auditors in the area of SAP ERP Financials without experience in parallel valuation projects
Prerequisites:
  • Essential: Good understanding of processes & configuration in SAP ERP Financial Accounting
  • Recommended: Familiarity with the new general ledger, e.g. attendance of AC210, Basic knowledge in local and international accounting principles
What You Will Learn:
  • •Understand the basics regarding the mapping of parallel valuation/accounting in the SAP ERP application.
  • •Describe, configure and operate the accounts solution on the basis of some typical business examples.
  • •Understand, configure and operate the ledger solution (within new G/L) on the basis of some typical business examples.
  • •Configure the system to fulfill typical reporting requirements for international valuation standards.
  • •Get a short overview of (additional) topics/processes which can be affected by parallel valuation.
Course Info:
Course based on software release: SAP ERP 6.0 with Enhancement Package 7

With this course you will be introduced to the concept of parallel accounting and learn how to configure and use the two ways SAP proposes to handle parallel accounting in the SAP ERP application: the ledger and accounts approach.

The course AC207 is based on a SAP ERP application with activated new G/L. All information regarding the accounts solution can also be applied by SAP customers using the SAP ERP with classic G/L.

All in person classes are taught by an SAP Certified Instructor and will include both a hard copy and e-book student guide for you to keep. This 3 day instructor led course qualifies for 24 CPE Credits. CPE Credits are currently available only for publicly scheduled courses delivered live at SAP locations and our Authorized Education Partner locations. CPE Credits are not available for virtual live classroom sessions.

With virtual live classroom training you get comprehensive training from SAP experts using seamless over-the Web connectivity. The same content delivered in SAP's traditional "brick and mortar" classrooms is presented during virtual live classroom deliveries. As in SAP's traditional classrooms, SAP virtual live classroom stresses hands-on learning providing each registered student with exclusive access to live SAP systems throughout each course. Each Virtual Live class is taught by a SAP Certified Instructor and will include an e-book student guide for you to download and keep. CPE Credits are currently available only for publicly scheduled courses delivered live at SAP locations and our Authorized Education Partner locations. CPE Credits are not available for virtual live classroom sessions.