Account Assignment Object Cost Center and Account Assignment Type

Account Assignment Object Cost Center and Account Assignment Type

Stock Posting. Enter “*” in the Transaction Type column and don’t forget to set the Assign checkbox. Save your entries.

4-1-4

Control exercise – Please do not change the system configuration!

Stay in Customizing and check whether the cash discount activated for fixed assets in customizing is already defined. This is the case when the table in the corresponding transaction contains an entry for “Asset”. If this is not the case, please notify your course instructor.

4-1-5 Now try again to post an integrated asset acquisition. Enter the following data again: Document Date: 01/07/CFY (CFY = current fiscal year) Document Type: KN (Net document type with automatic deduction of cash discount) Company Code: A# Posting Date: 01/07/CFY First line item: Posting key: 31 Account: 210## (Your vendor) If any warning messages appear prompting you to adjust dates, click Enter to confirm Amount: 116,000.00 Calculate tax indicator: Set Tax Code: VN If any warning messages appear regarding cash discounts, click Enter to confirm Next line item: Posting key: 70 Account: Asset number from the first exercise in this section Transaction Type: 100 => Enter If any warning messages appear regarding cash discounts, click Enter to confirm Amount: 116,000.00 or “*” => Enter Simulate and save the document.

4-1-6 Now call the Asset Explorer for your asset, to analyze the values of the acquisition. The Acquisition Amount should (only) amount to € 97,000.00, due to the net document type. The corresponding scheduled depreciation then equals € 9,700.00

4-1-7 From the Asset Explorer Goto the Financial Accounting document and examine the entry view and general ledger view of the document.

4-1-8 Now enter payment of the asset. Because you do not pay the invoice until early April, pay the full invoiced amount of € 116,000.00. No cash

discount is deducted. Use the following data:

Document Date: 04/05/CFY Document Type: KZ Company Code: A# Posting Date: 04/05/CFY Bank Data: Account: 113100 Amount: 116,000.00 Selection of open items: Account: 210## Account Type: K Enter – Press Enter to confirm any warning messages First deactivate all the open items, by selecting all items and deactivating them. Then position the cursor on the line item with the document number of the asset acquisition posting – it should be the only line item that has document type KN. Activate this line item. The “recorded” and “assigned” amounts should be identical, and you can Document Date: 04/05/CFY Document Type: KZ Company Code: A# Posting Date: 04/05/CFY Bank Data: Account: 113100 Amount: 116,000.00 Selection of open items: Account: 210## Account Type: K Enter – Press Enter to confirm any warning messages First deactivate all the open items, by selecting all items and deactivating them. Then position the cursor on the line item with the document number of the asset acquisition posting – it should be the only line item that has document type KN. Activate this line item. The “recorded” and “assigned” amounts should be identical, and you can

4-1-9 In the Asset Explorer, the asset (in all depreciation areas except area 03) now has an acquisition value of € 100,000. The scheduled depreciation has been corrected to € 10,000.00 by the posting. To display the payment posting, double-click on the second transaction in the Asset Explorer.

4-2

CO -> FI real-time integration

4-2-1 You will now configure and test the real-time integration between CO and FI. To do this, define your own variant for real-time integration with the ID V##. Your variant, V##, should have the following settings: Variants for CO -> FI Realtime Integration: Real-Time Integration checkbox: Set Key Date: Active from: 01/01/CFY Activate Account Determination checkbox: Set Document Type: AB Ledger Group (FI): 0L Text: Variant for real-time integration group ## Select line items for CO->FI real-time integration: Radio button Use Checkboxes: Set