Company Code configuration

Standard Line item text configuration

Complete GL configuration, defining chart of accounts, defining retained  earnings account

	Validation & Substitution
	Parallel currencies configuration
	Taxes on Sales Purchase configuration
	GL Automatic clearing configuration
	Foreign currency valuation configuration
	GR/IR Regrouping configuration
	Financial Statement version configuration (Creating Balance sheet and Profit and Loss account)
	FI - MM account determination configuration
	FI - SD account determination configuration

	Define Ledgers for GL
	Define Currencies for Leading Ledger
	Define and Activate Non-Leading Ledger
	Assign Scenarios and Customer Fields to Ledgers
	Define Ledger Group
	Activate New GL Accounting
	Define Accounting principles and assign to ledger groups
	Define Variants for Real-time integration and assign to company code
	Define document number ranges for GL view (posting only to specific Ledger)
	Define document types for posting only to non leading ledgers
	Configuring document splitting
	Assigning Default profit center to accounts
	Define Worklist for exchange rate entry
	Assign Exchange rate to worklist
	Configuring Assessment and distribution in New GL
	Deactivate update of Classic GL

SAP Cost of Sales Accounting configuration

Cost of Sales accounting needs to be implemented in a manner which makes it more powerful to reconcile the FI and CO module and enable to do a fast close of month end activities.

This functionality needs to be implemented to find out balance on the following:-

	Process/Production orders not settled.
	Networks/WBS not settled
	Internal orders not settled.
	Plant Maintenance orders not settled.

	Define House Banks
	Electronic and Manual Bank statement configuration
	Check Deposit configuration
	Configuring Cash Journal

	Define Account Groups for Customers and Vendors
	Define Accounting clerk
	Delete Customer and Vendor Master data
	Configuring Payment terms
	Configuring various automatic account determination
	Defining Tolerances
	Configuring Automatic Payment Program
	Special GL configuration for down payments from customer and vendors
	Configure  regrouping of Customers & vendors per remaining terms of receivables & payables
	Dunning
	Configuring calculation of Interest on arrears

	Copying Chart of Depreciation
	Define Asset Classes
	Configuring account determination for Assets (Integration of Asset with GL)
	Deactivate Asset class for Chart of depreciation
	Configuring posting of depreciation
	Configuring the depreciation key
	Configuring asset classes for group assets
	Define/Assign Settlement profile
	Legacy Asset data transfer

	Configure Depreciation as above
	Assign target ledger group to the respective depreciation areas
	Wizard to set up Parallel Valuation.

	Define Table Group
	Maintain Fiscal Year Variant
	Maintain Ledgers
	Maintain Local Posting Periods
	Maintain Actual Versions
	Maintain Valid Document types
	Maintain local number ranges
	Perform Diagnosis
	Entering an FI-SL document
	Define Libraries
	Define Report Painter Reports

	Configuring the Controlling area
	Maintaining versions in Controlling area
	Configuring multiple valuation approaches/ Transfer prices
	Cost element accounting set up
	Reconciliation ledger configuration
	Setting Cost center Hierarchy, cost center master data, activity types
	Cost center planning which includes creating planner profile, creating planning layout
	Configuring various cycles such as Distribution. Assessment, Indirect Activity allocation
	Configuring Splitting structure
	Configuring Automatic account assignment (OKB9)

	Maintain the profit center settings for Controlling area
	Creation of dummy profit center
	Creation of Standard hierarchy and creation of profit center master
	Configuring the transfer price settings
	Profit center planning configuration
	Configuring Distribution and Assessment cycle
	Configuring the 3KEH table (Balance sheet and profit and loss accounts)

	Creating Characteristics and value fields
	Configuring the Operating concern
	Copying an Operating concern from an existing operating concern
	Maintain Characteristic values, defining characteristics hierarchy
	Defining Characteristic derivation
	Defining keys for accessing material cost estimate and assigning costing key to characteristics
	Planning configuration
	Maintaining value field groups
	Configuration for value flow from SD to PA
	Configuration for value flow form FI to PA
	Configuration for settlement of  Product costing variance to PA
	Creation of Profitability report
	Transporting customizing settings

	Configuring the Costing  sheet for calculating overhead
	Configuring the Cost component structure
	Configuring the costing variant
	Configuration for mixed costing
	Configuration for joint product
	Configuration for Work in Process calculation
	Configuration for Variance calculation
	Configuration for settlement of variance
	Configuration for Product cost by period  - product cost collector and setting up of variance calculation
	Configuration for Product cost by sales order

	Configuring Material Ledger for Plants
	Configuring dynamic price changes
	Defining and assigning the material ledger update structure to plants
	Configuration of Actual costing and activation of actual cost component split
	Production start up activities in Material Ledger

	Define Order types
	Define Model orders
	Maintain Allocation structure
	Maintain Settlement profile
	Maintain number range for settlement documents