Finance Course

Overview

The Accounts Localization course provides a structured exploration of how business transactions are translated into accounting entries through the configuration of Posting Document Types, Posting Rules, Entities, and Account Defaults. Participants will gain the skills to set up localization parameters that drive automated postings across Accounts Payable, Accounts Receivable, Banking, Procurement, and Sales. The course also covers commitment postings, currency revaluation, and variance handling, enabling participants to configure, validate, and troubleshoot localization effectively.

Course Objectives

• Configure Posting Document Types, Posting Rules, and Posting Logic
• Define and apply Accounting Entities with appropriate conditions
• Set up and manage Account Defaults
• Configure Debit and Credit posting logic for financial transactions
• Understand and configure commitment, actual, and other posting types
• Handle currency and variance accounting effectively

• Posting Document Types and their role in financial postings
• Account Defaults and their configuration
• Accounting Entities and entity types
• Accounts Localization setup and structure
• Posting Logic, Debit/Credit setup, and conditions
• Commitment postings, actual postings, and other posting types
• Variance handling and currency revaluation
• Overview of the posting process