Professional Documents
Culture Documents
TFIN50 1 Chap06 Templ V0.1
TFIN50 1 Chap06 Templ V0.1
Select the .Create with Template. pushbutton. Field Name or Data Type G/L Accounts Company Code Choose .Enter.. Tab page: .Type/Description.: Field Name or Data Type Short Text G/L Account Long Text Tab page .Create/Bank/Interest. Values Petty Cash ## Petty cash for cash journal Values 100 000 GR##
Values Tick
Delete the alternative account number on the .Control Data. Tab page. Choose .Save.. 2. Create cash journal 20##, for your company code using the course currency. Use document types .AB. for G/L account postings, for payments to/from vendors .KZ., for payments to/from customers .DZ.. Name your cash journal .Cash ##. and check whether the number range 01 for your cash journal documents has been created. a) Create cash journal. IMG: Financial Accounting Bank Accounting Business Transactions Cash Journal Set Up Cash Journal Choose .New Entries. and enter the following information: Field Name or Data Type Values Company Code GR## Cash Journal Number 20## Account Number 1002## Currency Local currency Document Type: G/L Account Posting AB Document type for outgoing G/L account posting Leave blank Document Type: Payment to Vendor KZ Document Type: Payment from Vendor KZ Document Type: Payment from Customer DZ Document Type Payment to Customer DZ Split indicator Leave blank Name Group ## Cash Journal 20## Choose .Save.. Determine whether the number range interval 01 has already been predefined by the system. IMG: Financial Accounting Bank Accounting Business Transactions Cash Journal Define Number Range Intervals for Cash Journal Documents Field Name or Data Type Company Code Choose .Display Intervals.. If the number range interval 01 is not predefined: Choose .Change Intervals. Choose .Insert Interval. Field Name or Data Type Number Values 01 Values GR##
Select .Enter. to confirm the information message about transporting number ranges. Lesson Summary You should now be able to: . Create a cash journal and assign it to a general ledger account . Explain business transaction categories . Create business transactions
G/L Account Tax ID Transaction Name Business Transaction for Cash Company Code Business Transaction Category G/L Account Transaction Name Choose .Save..
475000 Your instructor will give you this information. Vehicle costs ## GR## C 113100 Bank to journal ##
2. Pay gas costs to the value of 120 units of local currency in cash and create a cash document. Remember: Before you pay the vehicle costs you also need some money in your new cash journal. Transfer 1,000 units (local currency) from the bank to the cash journal. Save your cash journal entries locally in your cash journal subledger. Check the balance display for displayed period. Post the saved Cash Journal entries to the G/L account and check the accounting follow-on documents. a) Record business transactions in the cash journal. Application: Accounting Financial Accounting Banks Incomings Cash Journal Field Name or Data Type Company Code Cash Journal Choose .Enter.. Record the cash transfer to the cash journal: Choose the .Cash Receipts. tab and enter the following information: Field Name or Data Type Business Transaction Amount Text Values Bank to journal ## 1,000 units local currency Transfer cash to cash journal Values GR## 20##
Choose the .Save. pushbutton. Record the expense to the cash journal (only for company codes WITHOUT tax jurisdiction codes): Choose the .Cash Payments. tab and enter the following information: Field Name or Data Type Business Transaction Amount Text Choose the .Save. pushbutton. Values Vehicle costs ## 120 units local currency Cash for gas
To save the entries in the subledger and transfer them to the general ledger at the same time, choose the .Post. button. To display the accounting documents, select the business transaction and choose Goto FI Follow-On Documents.
Values GR## E (Expense) 476000 1l (input tax - course 10%) Advertising articles Select Select
in the cash journal. Then post the business transaction in the general ledger and take a look at the accounting document. a) Enter the business transaction. Application: Accounting Financial Accounting Banks Outgoings Cash Journal Field Name or Data Type Company Code Cash Journal Choose ENTER. Choose the Cash Payments tab page. Field Name or Data Type Business Transaction Amount Choose the Split pushbutton. Item 1: Field Name or Data Type Business Transaction Amount Tax Code General Ledger Item 2: Field Name or Data Type Business Transaction Amount Tax Code General Ledger Choose the COPY pushbutton Choose the SAVE pushbutton Choose the POST pushbutton Select the item you just posted, click the FOLLOW-ON DOCUMENTS pushbutton, and choose the accounting document. Values Cash purchase of advertising articles 100 Values GR## 20##
Our customers enjoy the candy we provide in our reception area. To make sure that we never run out, we constantly buy more stock at various weekly markets. Our department wants to record a transaction in the cash journal for cash purchases of candy from small suppliers as one-off business partners. Task: Create a one-time account and post a business transaction 1. Create an account for one-time vendors in your company code. Use vendor 1960 from company code 1000 as a template. a) Create your one-time vendor. Application: AccountingFinancial AccountingAccounts Payable Master Records Create Field Name or Data Type Vendor Company Code Reference Field Name or Data Type Vendor Company Code Values 1960 GR##
Accept the data from the template vendor and choose SAVE. 2. Enter a business transaction for a cash purchase of candy with a value of 50 currency units. The transaction involves quality class A toffees from a traveling salesperson Mr. S. Ugar with an address in Sweet Street 11, Candytown (zip code 12345). Use an existing business transaction. First save the business transaction in the cash journal. Then post the business transaction and take a look at the accounting document. a) Enter the cash payment for candy. Application: Accounting Financial Accounting Banks Outgoings Cash Journal Field Name or Data Type Company Code Cash Journal Choose ENTER. Choose the Cash Payments tab page. Field Name or Data Type Business Transaction Amount Text Vendor Choose ENTER. Enter the address of Mr. S. Ugar. Field Name or Data Type Values GR## 20##
Values
Choose ENTER. Choose the SAVE pushbutton Choose the POST pushbutton Choose the FOLLOW-ON DOCUMENTS pushbutton and select the posting document. Lesson Summary You should now be able to: . Save and post business transactions in the cash journal Unit Summary You should now be able to: . Create a cash journal and assign it to a general ledger account . Explain business transaction categories . Create business transactions . Save and post business transactions in the cash journal