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Accounts Receivable in SAP Certification Training

Self-paced videos. Course Completion Certificate by Uplatz. Kick-start your SAP career today. Become an SAP Consultant.


Uplatz

Summary

Price
Save 90%
£10 inc VAT (was £100)
Offer ends 31 January 2022
Study method
Online, On Demand What's this?
Duration
4.5 hours
Qualification
No formal qualification
Additional info
  • Certificate of completion available and is included in the price

49 students purchased this course

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Overview

Uplatz offers comprehensive training on Accounts Receivable in SAP. This is self-paced (video-based) online course.

Accounts Receivable is a SAP FI submodule that manages and records all client accounting data. It is in charge of customer invoicing, approvals, payments, and other related tasks. Any changes made in Accounts Receivable are reflected in the General Ledger G/L. To manage customer/vendor overdue and payments, the Accounts Receivable submodule provides a plethora of reporting and forecasting tools.

The chief processes covered in this course are:

  • Maintain Master Data
  • Credit Management
  • Invoice Processing
  • Cash Receipts and Payments
  • Accounts Analysis and Reconciliation
  • Reports are the main procedures covered in this course

The payment program can automatically carry out direct debiting and down payments. There is a range of tools available for documenting the transactions that occur in Accounts Receivable, including balance lists, journals, balance audit trails, and other standard reports. When drawing up financial statements, the items in foreign currency are revalued, customers who are also vendors are listed, and the balances on the accounts are sorted according to remaining life.

Payment notifications, balance confirmations, account statements, and interest computations are all examples of this. Using user-friendly screen functionalities or electronic technologies such as EDI and data transmission, incoming payments can be assigned to due receivables. Direct debiting and down payments can be done automatically via the payment software.

Balance lists, journals, balance audit trails, and other standard reports are among the tools available for recording the transactions that occur in Accounts Receivable. When preparing financial statements, foreign-currency products are revalued, customers who are also vendors are mentioned, and account balances are updated. Accounts Receivable is the area of the firm where all of your sales are converted into actual dollars and cash. As a result, it is a critical component of every business, and a thorough grasp of the accounts receivable function is essential. Increase your accounts receivable turnover, recover cash faster, and use industry best practices.

We will study the fundamentals of accounts receivable, the accounts receivable cycle, best practices, fraud protection, collection strategies, and much more in this Accounts Receivable in SAP course.

You will be able to do the following after finishing this Accounts Receivable in SAP course:

  • Accounts Receivable Cycle
  • Best Practices
  • Quicker Payments
  • Accurate Accounting
  • Proper Accounting
  • Decrease and Prevent Fraud
  • Internal Controls and much more!

Curriculum

1
section
6
lectures
4h 32m
total

Course media

Description

Accounts Receivable in SAP - Course Curriculum

  • Creation of customer account groups
  • Creation of number ranges for customer master records
  • Assignment of number ranges for customer account groups
  • Creation of tolerance group for customers
  • Creation of customer master (display/change/block/unblock of vender master)
  • Posting of customer transactions (sales invoice posting, payment posting, debit memo)
  • Display customer balances and G/L Balances
  • Configuration Settings for advance payment from customers (down payment)
  • Configuration settings for terms of payment to customers
  • Configuration of settings for dunning
  • Generating the dunning letters
  • Defining correspondence and party statement of accounts
  • Bills of exchange
  • Posting of sales returns
  • When the vendor and customer both are same
  • A. without terms of payment
  • B. with common terms of payment

Who is this course for?

Everyone

Requirements

Passion and determination to achieve your goals!

Career path

  • SAP Accounts Receivable Consultant
  • SAP Financial Analyst/Consultant
  • Accounts Receivable/Collection Specialist
  • Accounts Receivable Manager
  • SAP FICO Consultant
  • SAP Solutions Architect
  • Project Manager
  • SAP Architect FI
  • SAP Finance Business Analyst
  • Business Consultant
  • SAP FICO S4HANA Consultant
  • Accountant and CA
  • ACCA/AAT/CIMA Professional
  • SAP FI End User
  • Project Manager
  • Business Analyst
  • Accounts Head

Questions and answers


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Judy asked:

Is this course able to be completed on an Android Tablet?

Answer:

Hi Judy, Yes you can do the course via laptop, mobile, or tablet. Regards Uplatz Team

This was helpful. Thank you for your feedback.

Reviews

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Course rating
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Service
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Content
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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.