Skill Level Intermediate
- [Instructor] Hi, welcome to this Accounts Receivable Boot Camp for Accounts Receivable staff working with SAP. Do you need to be productive in your new job or role? No time for a full course? This course is designed to get you and your team up and running in as little as 60 minutes. This course will be broken down into 11 video lessons and includes live SAP demos and a Quick Reference Guide. So in 60 minutes, what will you learn? You'll learn how to enter and review different types of accounts receivable invoices in SAP; how to enter manual cash receipts; how to process Electronic Bank files, in this course we'll specifically cover the US Lockbox format in SAP; and then you'll learn basic reporting, how to review and audit invoices that have been posted. Let's look at some more details. So here's an overview. What specific scenarios will you cover? So the first one will be how to enter non-sales order invoices. How to display them, change, and cancel and reverse these invoices. These will be manual invoices with no relationship to an original sales order. You will then learn how to take sales orders and produce billing for them, which will produce an accounts receivable invoice. Display those documents, and again, change, cancel, and reverse if needed. We'll then take you through, after entering the invoices, how to manually post some cash and how to clear open items for invoices. List, posting, and clearing accounts or for accounts receivable. Then in terms of electronic processing, we're going to use the US Lockbox format, which is the check format in the U.S. We'll show you how to import a file, post and clear open items. And then take you through, on the reporting side, account balance and line item display and then we will also look at accounts receivable age analysis. So those are some more specific scenarios you'll cover during this boot camp. Just as an overview note for this course, the bank file processing, we will show basic scenarios here only in this course, and we will specifically cover the US Lockbox file processing as an overview. The reason for this is that electronic files and the instructions with your bank will vary from country to country, different payment methods, and different technology available in your company and with your banking partner. So in this course, we'll illustrate the concepts as an overview for the boot camp, but you will need to then investigate your own company's policies and procedures. For instance, if you have a specific Electronic Bank statement for a different country, you will need to then find out what those details are specifically in term mean, but the principals in this course will still apply. So with that, let's get on with the course.