Purpose: The purpose of this exercise is to show you how to verify that requirements are correctly set on the depreciation accounts. Later, the depreciation will be posted to the general ledger based on asset numbers.
Windows:
Account
Account | Description | Code Part | Parameter Value |
7821 | Depreciation of Building | Asset | Mandatory |
7824 | Depreciation of Land Improvements | Asset | Mandatory |
7830 | Depreciation of Machinery and Equipment | Asset | Mandatory |
7832 | Depreciation of Equipment and Other Tools | Asset | Mandatory |
7833 | Depreciation of Installations | Asset | Mandatory |
7836 | Depreciation of Lease Contracts | Asset | Mandatory |
Purpose: The purpose of this exercise is to show you how to set up the currency accounting functionality for a purchase account. Purchases are made using different currencies, on which you need to do follow up.
Windows:
Account
Purpose: The purpose of this exercise is to show you how to add the necessary currency codes in your segments so that these will be posted automatically to the general ledger.
Windows:
Code Part Values
Currency | Description |
DEM | German Marks |
EUR | Euro |
FRF | French Franc |
GBP | Pound Sterling |
NOK | Norwegian Crowns |
Purpose: The purpose of this exercise is to show you how to create two project groups for the projects that will be entered in the next exercise.
Windows:
Project Groups
Project Group | Description | Project Type |
IT-INV | Investments in Information Technology | No capitalization |
MARKET DEV | Development in New Markets | Capitalize Rev/Exp |
Purpose: The purpose of this exercise is to show you how to add the three projects that the company will work on in the future.
Windows:
Code Part Values
Project | Description | Project Group |
MEXICO | Development in New Market: Mexico | MARKET DEV |
CANADA | Development in New Market: Canada | MARKET DEV |
NET-451 | New Internal Network at Main Office | IT-INV |
Note: You need to enter the project type that matches the project group.
Purpose: The purpose of this exercise is to show you how to connect default cost centers to the projects previously entered. Each cost center owns the different projects.
Windows:
Run Code String Completion
Code Part Value | Cost Center |
MEXICO | 200 |
CANADA | 200 |
NET-451 | 210 |