A warm welcome to the SAP Accounts Payable course by Uplatz.

SAP Accounts Payable (also called SAPFI Accounts Payable) is a sub-module of SAPFICOand is used to manage and record accounting data for all the vendors. All invoices and deliveries are managed as per vendor requests. Payables are managed as per the payment program and all the payments can be made using checks, transfer, electronic transfers, etc.

In essence, SAPAccounts Payable application component records and administers accounting data for all vendors. It forms an integral part of the purchasing system, where deliveries and invoices are managed according to vendors. The system automatically makes postings in response to the operative transactions. Similarly, the system supplies the Cash Management application component with figures from invoices in order to optimize liquidity planning.

SAPAccounts Payable module ensures that the Payables in an organization are paid with the payment program that supports all standard payment methods. This program also covers country-specific payment methods. Postings made in Accounts Payable are simultaneously recorded in the General Ledger where different G/L accounts are updated based on the transaction involved (such as payables and down payments). The system contains due date forecasts and other standard reports that you can use to help you monitor open items.

The SAPFI Accounts Payable application allows for configuration of balance confirmations, account statements, and other notifications to suit your correspondence requirements. There are balance lists, journals, balance audit trails and other evaluations available for documenting transactions in Accounts Payable. Vendor master is the key master data in AP.

SAP FI accounts payable can be integrated with SAP FI-GL (General Ledger), FI-AA (Asset Accounting), SAP MM (Material Management), etc. The deliveries and invoices are managed according to the vendors.

Uplatz provides this end-to-end training on SAP Accounts Payable. You will learn how to create and manage accounts payable (AP) tasks in the SAP enterprise software suite. You will get familiarized with the entry and review of non-purchase order and purchase order invoices in SAP. Learn the fundamentals of basic AP reporting, including how to run an open item age analysis report, how to enter manual payments, review and audit posted invoices, and tackle the processing of automatic payments. Some of the important topics covered in this SAPAccounts Payable course include Post outgoing payments and process automatic payment runs, Run important financial reports such as A/P Info systems, Vendor balances, Vendor lists, Work with vendor records, balances and line items, Post, search and display vendor invoices, and more.

Course Objectives

• Understand the Accounts Payable structure within SAP R/3

• Understand the Key Concepts and Functionality within the Accounts Payable module

• View Vendor Master Records

• Process Vendor Invoices and Credit Notes

• Process Vendor Payments

• Perform Vendor Inquiries

• Reporting Capabilities

Key topics in SAPAccounts Payable

• Introduction to SAPAccounts Payable

• Master Data

• Vendor Master records

• Accounts groups

• Payments

• Inquiries

• Document Control overview

• Automatic Account Assignments

• Invoice and Credit Note Processing

• Tax Procedures

• Payment Procedures

• Reporting

Transaction codes in SAPFI Accounts Payable

• XK01 − Create vendor (centrally)

• XK02 − Change vendor (centrally)

• XK03 − Display vendor (centrally)

• XK04 − Vendor Changes (Centrally)

• XK05 − Block Vendor (Centrally)

• XK06 − Mark vendor for deletion (centrally)

• XK07 − Change vendor account group

• XK11 − Create Condition

• XK12 − Change Condition

• XK13 − Display Condition

• XK14 − Create with cond. ref. (cond. list)

• XK15 − Create Conditions (background job)

• XK99 − Mass maintenance, vendor master

• XKN1 − Display Number Ranges (Vendor)