Finke SAP Foreign Currency Revaluation

FAS 52 and GAAP Requirements
1. Auflage 2006
ISBN: 978-0-471-79478-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 216 Seiten, E-Book

"SAP Foreign Currency Revaluation-regulations, its impact, and whatit takes to implement it in SAP-is a single handbook thatsimplifies a complex and daunting task of currency valuation forSAP and other ERP implementers. A must-read!"
-Kalpesh Khandhadia, SAP Consultant, Linksoft-IT Inc.
"Following the process presented in this book, we eliminated thehours we spent each month manually reviewing and adjusting ourglobal currency financial statements. Thank you Susanne Finke, formaking this complicated topic understandable!"
-Ron Roberts, Process Lead, Financial Systems, Hollister Inc.
"It's great to see all the foreign currency information captured inone place and spelled out so clearly. Great job!"
-Nadean L. Moore, SAP FI Consultant, Moore Consulting
"This SAP Foreign Currency Revaluation book . . . covers thenecessary SAP tables and transactions for revaluation and providesexcellent examples of the SAP entries. A well-written book."
-Dave Paz, SAP Consultant, DLP Consulting LLC
With essential information on the proper rules and regulationsneeded to comply with FAS 52, SAP Foreign Currency Revaluation: FAS52 and GAAP Requirements is a valuable reference for controllers,CFOs, IT and accounting managers, and SAP consultants who areinvolved in FAS 52 compliance projects, regardless of whether theircompanies are using SAP, Oracle, PeopleSoft, or proprietarysoftware.
Its detailed coverage of statutory requirements, business executionof currency revaluation in SAP, and SAP configuration walks readersthrough:
* The U.S. accounting statutory requirements, net income,organizational, and financial consolidation impacts
* An overview of currency revaluation with discussion of stocktransfer and tax implications
* FAS 52 requirements for currency exchange rates andtranslation
* Corporate standards for G/L indicators that are impacted bycurrency revaluation
* Three methods available to execute currency revaluation and theirdifferences
* One of the newer ways the SAP R/3 software provides users toexecute currency revaluation
* The SAP configuration to implement currency revaluation
* Setting up custom variants to view the critical fields used inthe currency revaluation

Autoren/Hrsg.

Finke, Susanne

Inhaltsverzeichnis

Preface
Acknowledgement
1. U.S. Accounting Requirements.
2. Sap Revaluation Overview.
3. G/L Account Indicator Impact.
4. Revaluation without Valuation Areas.
5. Revaluation with Full Valuation Areas.
6. Revaluation with ONE Valuation Area.
7. Common Revaluation Configuration.
8. Valuation Variant Set Up.
List/Calculation Variant.
PostingVariant.
Appendix.
References.
Glossary.
Index.

Über Autor(innen)

Susanne Finke has over twenty-three years of business experience and over twelve years of SAP experience in all aspects of finance, controlling (internal financial management), treasury, and fixed assets. She has been an SAP consultant for nine years, including three years with PricewaterhouseCoopers. She is certified by SAP in the SAP Finance Module. With clients including PricewaterhouseCoopers, eBay, Suncor, Tyco, SunAmerica, Kellogg, Hollister, Zurich Energy, and British Petroleum (BP), she has vast experience to prepare companies in complying with FAS 52.