SAP S/4HANA FI flashcards

32 cards. Read the term and the definition here. The deck at the top of this page is optional.

Document type OBA7

Transaction OBA7 defines document types, which control the document number range, permitted account types, field status group, posting keys, and reversal document type for postings.

Account type K

In SAP FI, account type K identifies vendor subledger postings; document types permitting K allow entries to vendor accounts through Accounts Payable.

Number range FBN1

Transaction FBN1 creates document number range intervals; intervals are assigned to document types and can be year-dependent and company-code-dependent.

Vendor master LFA1

Table LFA1 stores general vendor data such as name and address; company-code-specific data is stored in LFB1 and purchasing data in LFM1.

Vendor invoice FB60

Transaction FB60 posts a vendor invoice in Financial Accounting; it debits an expense or asset account and credits the vendor reconciliation account.

Special G/L indicator

A special G/L indicator marks transactions such as down payments, guarantees, or bills of exchange, posting them to alternative reconciliation accounts instead of the normal vendor reconciliation account.

Automatic clearing F.13

Transaction F.13 clears open vendor or customer items automatically using criteria such as amount, currency, and assignment; it can run in test mode before the productive clearing run.

Value adjustment F104

Transaction F104 performs valuation of open customer receivables, calculates adjustments for overdue items, and posts adjustment documents to separate adjustment accounts.

Valuation method

A valuation method in Accounts Receivable defines how doubtful receivables are calculated, such as percentage, flat rate, or formula, and is applied to defined aging intervals.

Net due date

The net due date is calculated from the baseline date plus the payment term's net days; value adjustment programs use days past due relative to this date.

Customer invoice FB70

Transaction FB70 posts a customer invoice, debiting the customer reconciliation account and crediting a revenue or other G/L account.

Dunning F150

Transaction F150 runs the dunning program for overdue customer items according to a dunning procedure with dunning levels, days, and charges.

Customer line items FBL5N

Transaction FBL5N displays customer line items by company code, account, and status, including open, cleared, and special G/L items.

House bank FI12

Transaction FI12 creates a house bank per company code, identified by a five-character house bank ID, bank country, and bank key.

Bank key

The bank key identifies a bank within a bank country; in Germany it is the Bankleitzahl and in the United States the routing number.

House bank account ID

The account ID is a five-character identifier within a house bank that links a bank account number, currency, and G/L account for payment transactions.

Payment run F110

Transaction F110 executes the automatic payment program in steps: parameters, proposal run, payment run, and payment media generation.

Payment proposal

The proposal run in F110 selects open items and creates a proposal list that can be reviewed and edited before the actual payment run is executed.

FBZP configuration

Transaction FBZP configures the payment program, including paying company codes, payment methods per country, bank determination, and house bank account selection.

Payment medium workbench

The payment medium workbench creates payment files and forms, such as DME files or checks, using payment medium formats assigned to payment methods.

Asset class

An asset class defines account determination, screen layout, depreciation areas, and default useful life for assets; it is assigned when creating an asset master record.

External acquisition ABZON

Transaction ABZON posts an external asset acquisition with an automatic offsetting entry, debiting the asset and crediting the specified offsetting G/L account.

Depreciation run AFAB

Transaction AFAB calculates and posts periodic depreciation for assets; it is normally executed first as a test run and then as an update run.

Chart of depreciation

A chart of depreciation is a country-specific set of depreciation areas assigned to a company code; it controls how asset values are calculated and posted.

Depreciation area

A depreciation area represents a valuation view, such as book or tax, with its own depreciation key, useful life, and posting rules within the chart of depreciation.

Asset explorer AW01N

Transaction AW01N displays an asset's master data, depreciation areas, planned depreciation, posted values, and transaction history for the current and prior years.

Company code OX02

Transaction OX02 defines a company code by specifying a four-character ID, country, currency, chart of accounts, and fiscal year variant.

Copy company code EC01

Transaction EC01 copies a reference company code and its customizing settings to create a new company code, which is then adjusted for country and currency.

Fiscal year variant

A fiscal year variant defines the number of posting periods and special periods for a company code and determines how the fiscal year is structured.

G/L account master FS00

Transaction FS00 creates or changes G/L accounts; the chart of accounts segment is stored in SKA1 and the company code segment in SKB1.

Posting key 40

Posting key 40 is the standard SAP FI posting key for a debit posting to a G/L account, vendor, or customer, depending on the account type allowed.

Reconciliation account

A reconciliation account is a G/L account that summarizes subledger postings from vendors, customers, or assets; it cannot be posted directly.