1. The "stool" before transactions can happen and what each is and means. - Enterprise Structure (Company Code), Master Data (Customer), Business Rules and Parameters (Tolerance Groups) 2. 3. What are examples of Enterprise Structure (AKA Organizational Elements)? Client, Chart of Accounts, Company Code, Plant, Storage Location 4. Master data in SAP - "DKSAM" - Customer, Vendor, GL Accounts. 5. What is an example of business rules and parameters (i.e. tolerance limits, others?) 6. Debits = Credits, Assets = Liabilities + Owner's Equity, Credits are always shown as a "_"in the system, 7. Key integration with FI= Reconciliation accounts A/P and A/R, automatic account assignment, general ledger and accounting process, inventory value and quantity postings, GR / IR Account and its purpose. 8. Acceptable traits of a financial business transaction, audit trails, nature of FI documents within SAP system. 9. What is SAP R/3? What do the S,A and P stand for in SAP? 10. Know SAP R/2 to SAP R/3 then SAP ECC then SAP S/4HANA 11. What are the three layers in the R/3 system (DAP)? And what are they used for? Database data, Application - runs the work / applications, Presentation Layer - GUI 12. When using SAP ERP, what is the 4th layer? 13. What is / are "sell" SD, "buy" MM, "make" PP, and "track" FI and CO modules? 14. What comes after SAP ERP? Accounting transactions throughout the processes for: 15. MM to FI - KNOW the accounting entries that are happening behind the scenes as business transactions happen! 16. MM to FI - Flow of documents - Purchase requisition, PO, Goods Receipt, Invoice Processing 17. Define and understand the diff b/t purchase requisition and purchase order 18. SD to FI-KNOW the accounting entries that are happening behind the scenes as business transactions happen! 19. SD to FI - Flow of documents - Inquiry, Sales Order, Delivery (Pick, Pack, and Post Goods Issue (PGI), Customer Invoice, Customer Payment