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EXAM
INTERNET DELIVERY
2011

VINAY VARMA INDUKURI

Student ID: S3874257
Victoria University
Lithan Hall - Singapore

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Organization Structure:
KOALA Group
(1325)

KOALA Corporation
(1325)

Sales

OLA Pty Ltd.

(1326)

Manufacturing

Sales

Controlling Area 1

Manufacturing

Controlling Area 2

Chart of Accounts:

Operative Chart of Accounts

(1325)

KOALA Corporation
(1325)

OLA Pty Ltd.

(1326)

Business Areas:

Hairdryer
Hairdryer

S3874257 vinay varma indukuri

Straightener
Straigntener

Clippers
Clippers

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General Details:
The Company names are KOALA Corporation with the SAP identifier 1325 and Ola Pty Ltd.
1326 with the SAP Identifier 1326.
Company Name and Company Code
The Companies are defined or created from SPRO reference IMG. Tcode-OX15
Company Name: KOALA Corporation
Company Code: 1325
City: Melbourne
Country: AU (Australia)
Currency: AUD (Australian Dollar)
Language: EN

Company Name: OLA Pty Ltd.

Company Code: 1326
City: Sydney
Country: AU (Australia)
Currency: AUD (Australian Dollar)
Language: EN

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Company codes are copied from company code 3000 to company code 1325 and 1326
respectively. This configuration the company code 3000 is used as reference. Tcode-OX02
The company code is to be assigned to the company. The path for doing this in the system is
Assigning company code to company is done from SPRO reference IMG . Both company
1325 and 1326 are assigned to 1325. Tcode-OX16

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Fiscal Year
As per requirement we use the system defined fiscal year variant V6 which suits the
requirements of 1 July 2010 to 30 June 2011. The setting of V6 can be checked from SPRO
with the help of the Tcode-OB29

V6 variant is to be assigned to 1325. Since the code has been copied from 3000 the default
variant would be 3000, we have to edit that to 1325.The fiscal year assignment to the
company is done from SPRO's Financial Accounting > Financial Accounting Global Settings >
Fiscal Year > Assign Company Code to a Fiscal Year Variant. Tcode-OB37

A Posting period variant has to de created for the KOALA corporation's financial statements
posting. The posting period is defined in the SPRO Tcode-OBBO . This configuration uses
3525 as the variant.

The defined posting period variant is to be assigned to the company created. Assigning
posting period variant to company code is done at Tcode-OBBP. This configuration uses
posting period variant 3525.

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Chart of Accounts
The chart of accounts allows the company to record the accumulated financial transactions
in the fiscal years as per the requirement. This configuration uses only operating chart of
account 1325 used by company code 1325 and 1326. Chart of account is created TcodeOB13

The defined chart of accounts is to be assigned to the company created. Company code
assignment to the chart of account is done at. Tcode-OB62

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Account Groups
The chart of accounts needs to have a group of accounts. We add assests, liability, equity,
revenue and expenses in the system. Account groups for chart of account 1325 are created
from SPRO's Financial Accounting > General Ledger Accounting > G/L Accounts > Master
Records > Preparation > Define Account Group. Tcode-OBD4

Retained Earning Accounts

A retained earnings accounts is to be created. The account 520000 from the information
provided is created at Tcode-OB53

Document Number Ranges

The documents number ranges for the Financial accounting will be copied from company
code 3000. It is in these number ranges that the documents are recorded in the system.
Document number ranges are defined in Tcode-FBN1.

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Business Area
KOALA and OLA have 3 business areas: Hairdryer, Straightener, and Clippers. Business areas
are defined from SPRO's Enterprise Structure > Definition > Financial Accounting > Define
Business Area. Tcode-OX03

Hairdryer Business Area:

Straightener Business Area:

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Clippers Business Area:

Business area balance sheet is to be activated from TCODE-OB65 for the final reports to be
generated without any issues.

Controlling Area
A controlling area co25 is to be created as the responsible area for the company. Controlling
area is Tcode-OKKP

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General Controlling:
A Cost center standard hierarchy needs to be entered in this stage at Tcode-OX06

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Assignment to company:
The created controlling area needs to be assigned to the company .Double-click on
Assignment of company code(s)

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Maintain number ranges for controlling documents:

Like the document ranges for Financial accounting the controlling area too must have
document number ranges where the data is recorded. Tcode-KANK
Copy from 3000 to 1325 was unsuccessful. The system showed that there were no number
ranges existing. So I randomly selected the company code 1261 to cpy the number ranges.

Fill the controlling area 1325. Click button Copy. Copy from 1261 to 1325.

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Profit Center
A Dummy profit center is to be created for the company. Profit center is configured from
SPRO. Tcode-0KE5
Controlling Area: co25
Standard Hierarchy: c125
PCtr Local Currency Type: 90
Profit Center Local Currency: AUD
Control Indicators: From year 2010 (active)

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Dummy Profit Center

Dummy Profit Center is created from SPRO's Accounting > Controlling > Profit Center
Accounting > Master Data > Profit Center > Create Dummy Profit Center. Tcode-KE59
Profit Center: Dummy
Controlling area: co25
Name/Desc: Dummy Profit Center
Profit Center Group : c125

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Direct Posting Activation

The posting needs to be activated for the reporting purposes in the later stages. Tcode-1KEF
From year: 2010 (tick Line Items and Online transfer)

This configuration uses below profit center hierarchy:

1325
Hairdryer
Straightener
1326
Hairdryer
Straightener
The configuration is set from SAP Easy Access' Accounting > Controlling > Profit center
Accounting > Master data > Standard hierarchy > Change. Tcode-KCH5N

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Cost Center
This configuration uses hierarchy below:
1325
o

Manufacturing
Hairdryer
Straightener

Sales
Children
Straightener

1326
o

Manufacturing
Clippers

Sales
Clippers

Creating cost center group and cost center can be done from SAP Easy Access' Accounting >
Controlling > Cost center accounting > Master data > Standard hierarchy > Change. TcodeOKEON

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Check Configuration
We check the configuration of the cost centers for any errors. To check your configuration,
go to Tcode-1KE1.

Group G/L Accounts

The G/L accounts have to be entered into the master records. The account types Assests,
Liabilities & Equity are entered in to the system at Tcode-FS00 as balance sheet balance
sheet account. The remaining account types Revenues, Expenses are entered as P&L
statement account. In the control data area we select the only balances in local currency,
Example of G/L account 100000 configuration:

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The above process is to be continued till the retained accounts 520000 is created in the
system for both the company codes 1325 & 1326 respectively.
Cost Element
The revenue and expenses type G/L accounts have to be created as cost elements to enable
posting of the actual figures for the financial ear.
Cost element is configured at T-code KA01.
Cost Element: 700000
Controlling Area: co25
Valid from: 01.01.2009 31.12.9999
CElem Category: 1

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Enter the balance sheet details for 1325. Tcode: FS00

The G/L accounts are to be entered in the FS00 screen for them to be recorded and
tabulated in the reports.

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Enter the balance sheet details for 1326. Tcode-FS50

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Enter actual figures for the financial year: Tcode-FB50

Likewise the data for business areas hairdryer and clippers are entered with the
corresponding cost centers of 1325 and 1326 company codes respectively.
Entering budgeted figures: Tcode: KP06

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Likewise the g/l accounts of the cost elements are to be enterted in the respective cost
centers of the 1325 & 1326 respectively.

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Reports:
1. Report for the total cost of manufacturing and sales department for KOALA Corporation.
Tcode-S_ALR_87013611
Controlling Area: co25
Fiscal Year: 2011
From to Period: 1-12
Cost Center Groups: H-1325, HM-1325, S-1325, SM-1325, C-1326 & CM-1326

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2.Balance sheet for KOALA Corporation (consolidated):

Tcode: S_ALR_87012284.
Chart of accounts: 1325
Company Code: 1325
Financial Stmt. Ver: AU01
Reporting Year/Period: 2010/1-16
Comparison Year/Period: 2009/1-16
List Output: ALV Grid Control

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24.05.2011 Dynamic List Display 1

KOALA Corporation Australia - Standard Time 11:14:23 Date 24.05.2011

Melbourne Ledger 0L RFBILA00/CA-1325 Page 1
10 Currency type Company code currency
AUD Amounts in Australian Dollar
2011.01 -2011.16 Reporting periods
2010.01 -2010.16 Comparison periods
Item
2
2
2
2

2
2
2
2
2
2
2

Text for B/S P&L

item
0000100000
Buildings
0000100010
Accumalated
Depreciation
Buildings
0000110000 Motor
Vehicles
0000110010
Accumalated
Depreciation Motor vehicles
0000120000
Fixtures and
Fittings
0000120010
Accumalated
Depreciation Fixtures and
Fittings
0000130000
Factory
Equipment
0000130010
Accumalated
Depreciation Factory
Equipment
0000140000 LongTerm Investments
0000150000
Goodwill
0000160000
Patents
0000200000 Bank
0000210000
Accounts
Recievable
0000220000
Inventory-Raw
Materials
0000230000
Inventory-Work
in Progress

Tot.rpt.pr
150.000,00

20.000,0095.500,00

23.875,0015.000,00

1.500,00-

12.800,00

1.280,00-

S3874257 vinay varma indukuri

tot.cmp.pr
0,00
0,00
0,00
0,00

0,00

0,00

0,00

0,00

diff.

Abs.

Pct.Diff.

150.000,00

20.000,0095.500,00

23.875,0015.000,00

1.500,00-

12.800,00

1.280,00-

89.000,00

0,00

89.000,00

800.000,00

0,00

800.000,00

100.000,00

0,00

100.000,00

43.690,00

0,00

43.690,00

24.333,00

0,00

24.333,00

24.900,00

0,00

24.900,00

12.800,00

0,00

12.800,00

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2
2
2
2
2
2
2
2
2
2

0000240000
InventoryFinished Goods
0000250000
Office Supplies
0000260000
Prepaid Expenses
0000300000 LongTerm Loan
0000310000
Mortgage
0000410000
Accounts Payable
0000500000
Issued Shares
0000510000
Reserves
0000520000
Retained
Earnings
0000600000 Sales

FI Take Home Exam

45.432,00

0,00

45.432,00

1.200,00

0,00

1.200,00

7.650,00

0,00

7.650,00

150.000,00300.000,0045.320,001.500.000,00145.500,0041.808.115,00
60.000.000,00-

0000700000 Cost
2
14.000.000,00
of goods sold
0000710000
2
3.750.000,00
Ordinary Wages
0000710500
2
655.000,00
Overtime
0000720000 Staff
2
66.778,00
Bonuses
0000720500 Motor
2
36.998,00
Vehicle Expenses
0000730000
2
5.322,00
Office Supplies
0000730500
2
13.456,00
Office Cleaning
0000740000
2
53.456,00
Accounting
0000740500 Legal
2
18.776,00
Expenses
0000750000
2
Indirect
15.445,00
Materials
0000750500
2
71.234,00
Indirect Labour
0000760000
2
263.456,00
Factory Overhead
0000760500
2
7.134,00
Quality Control
24.05.2011 Dynamic List Display 2

0,00
0,00
0,00
0,00
0,00
0,00
0,00

150.000,00300.000,0045.320,001.500.000,00145.500,0041.808.115,00
60.000.000,00-

0,00

14.000.000,00

0,00

3.750.000,00

0,00

655.000,00

0,00

66.778,00

0,00

36.998,00

0,00

5.322,00

0,00

13.456,00

0,00

53.456,00

0,00

18.776,00

0,00

15.445,00

0,00

71.234,00

0,00

263.456,00

0,00

7.134,00

KOALA Corporation Australia - Standard Time 11:14:23 Date 24.05.2011

Melbourne Ledger 0L RFBILA00/CA-1325 Page 2
10 Currency type Company code currency
AUD Amounts in Australian Dollar

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2011.01 -2011.16 Reporting periods

2010.01 -2010.16 Comparison periods
Item

Text for B/S P&L

item

tot.cmp.pr

Tot.rpt.pr

0,00

0,00

Abs.
diff.

Pct.Diff.

0,00

3.Balance sheet for OLA Subsidary:

Tcode:S_ALR_87012284.
Chart of accounts: 1325
Company Code: 1326
Financial Stmt. Ver: AU01
Reporting Year/Period: 2010/1-16
Comparison Year/Period: 2009/1-16
List Output: ALV Grid Control
24.05.2011 Dynamic List Display 1

OLA Pty Ltd Australia - Standard Time 11:24:18 Date 24.05.2011

Sydney Ledger 0L RFBILA00/CA-1325 Page 1
10 Currency type Company code currency
AUD Amounts in Australian Dollar
2011.01 -2011.16 Reporting periods
2010.01 -2010.16 Comparison periods
Item
2
2
2
2

2
2

Text for B/S P&L

item
0000100000
Buildings
0000100010
Accumalated
Depreciation
Buildings
0000110000 Motor
Vehicles
0000110010
Accumalated
Depreciation Motor vehicles
0000120000
Fixtures and
Fittings
0000120010
Accumalated
Depreciation Fixtures and
Fittings
0000130000
Factory
Equipment
0000130010

Tot.rpt.pr
250.000,00

40.000,0033.690,00

8.423,0024.000,00

2.400,00-

S3874257 vinay varma indukuri

33.200,00

tot.cmp.pr
0,00
0,00
0,00
0,00

0,00

0,00

0,00

diff.

Abs.

Pct.Diff.

250.000,00

40.000,0033.690,00

8.423,0024.000,00

2.400,00-

33.200,00

0,00

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2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2

Accumalated
Depreciation Factory
Equipment
0000140000 LongTerm Investments
0000150000
Goodwill
0000200000 Bank
0000210000
Accounts
Recievable
0000220000
Inventory-Raw
Materials
0000230000
Inventory-Work
in Progress
0000240000
InventoryFinished Goods
0000250000
Office Supplies
0000260000
Prepaid Expenses
0000300000 LongTerm Loan
0000400000 Short
Term Loan
0000410000
Accounts Payable
0000420000 Bank
Overdraft
0000430000 Other
Short term
Payables
0000500000
Issued Shares
0000510000
Reserves
0000520000
Retained
Earnings
0000600000 Sales

FI Take Home Exam

3.320,00-

63.000,00

0,00

63.000,00

550.000,00

0,00

550.000,00

75.365,00

0,00

75.365,00

85.632,00

0,00

85.632,00

67.000,00

0,00

67.000,00

19.300,00

0,00

19.300,00

64.555,00

0,00

64.555,00

1.500,00

0,00

1.500,00

3.950,00

0,00

3.950,00

400.000,0045.200,0039.260,008.450,009.600,003.000.000,00289.000,0031.767.118,00
77.890.456,00-

0000630000 Other
Revenue
18.700,000000700000 Cost
34.678.900,00
of goods sold
0000710000
10.500.000,00
Ordinary Wages
0000710500
1.657.000,00
Overtime
0000720000 Staff
176.500,00
Bonuses
0000720500 Motor
11.500,00
Vehicle Expenses
0000730000
9.800,00

S3874257 vinay varma indukuri

3.320,00-

0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00

400.000,0045.200,0039.260,008.450,009.600,003.000.000,00289.000,0031.767.118,00
77.890.456,0018.700,00-

0,00

34.678.900,00

0,00

10.500.000,00

0,00

1.657.000,00

0,00

176.500,00

0,00

11.500,00

0,00

9.800,00

30

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Office Supplies
0000730500
2
17.800,00
Office Cleaning
0000740000
2
100.999,00
Accounting
0000740500 Legal
2
25.400,00
Expenses
0000750000
2
Indirect
49.500,00
Materials
0000750500
2
97.800,00
Indirect Labour
0000760000
2
1.289.000,00
Factory Overhead
0000760500
2
102.300,00
Quality Control
24.05.2011 Dynamic List Display 2

0,00

17.800,00

0,00

100.999,00

0,00

25.400,00

0,00

49.500,00

0,00

97.800,00

0,00

1.289.000,00

0,00

102.300,00

OLA Pty Ltd Australia - Standard Time 11:24:18 Date 24.05.2011

Sydney Ledger 0L RFBILA00/CA-1325 Page 2
10 Currency type Company code currency
AUD Amounts in Australian Dollar
2011.01 -2011.16 Reporting periods
2010.01 -2010.16 Comparison periods
Item

Text for B/S P&L

item

Tot.rpt.pr

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0,00

tot.cmp.pr
0,00

Abs.
diff.

Pct.Diff.

0,00

31