During this training the student learns how to configure the account tree in order to get the correct information on the Balance Sheet and the P&L report.
The US Localization pack is used and updated to see the effect that it has on the Financial reports. This will help students to correctly structure the Balance Sheet and P&L during an implementation. Apart from the Balance Sheet and the P&L report, other financial reports such as the Trial Balance report, the General Ledger Report and the Journal Entries Report are reviewed.
Note: students should already have completed the Business Suite Functional Training before joining this course and have an accounting background, in order to understand the concepts covered.
- Documentation - Financial Reporting Configuration Introduction and Concepts
- Exercise - Modeling the Chart of Accounts for Balance Sheet, P&L