SAP B1 on Cloud – AIS

EXERCISE WORKBOOK
FOR STUDENT 11

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 1 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Table of Contents
1. Basic Navigation......................................................................................................................................4
Exercise 1.1..............................................................................................................................................4
Exercise 1.2..............................................................................................................................................4
2. BP and Item Master Data.........................................................................................................................5
Exercise 2.1..............................................................................................................................................5
Exercise 2.2..............................................................................................................................................6
Exercise 2.3..............................................................................................................................................7
3. Purchase Process.....................................................................................................................................8
Exercise 3.1..............................................................................................................................................8
Exercise 3.2..............................................................................................................................................9
Exercise 3.3............................................................................................................................................10
Exercise 3.4............................................................................................................................................11
Exercise 3.5............................................................................................................................................12
4. Sales Process.........................................................................................................................................13
Exercise 4.1............................................................................................................................................13
Exercise 4.2............................................................................................................................................14
Exercise 4.3............................................................................................................................................15
Exercise 4.4............................................................................................................................................16
Exercise 4.5............................................................................................................................................17
5. Inventory Management.........................................................................................................................18
Exercise 5.1............................................................................................................................................18
Exercise 5.2............................................................................................................................................19
Exercise 5.3............................................................................................................................................21
Exercise 5.4............................................................................................................................................23
Exercise 5.5............................................................................................................................................24
Exercise 5.6............................................................................................................................................25
Exercise 5.7............................................................................................................................................26
Exercise 5.8............................................................................................................................................27
Exercise 5.9............................................................................................................................................28

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 2 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.10.............................................................................29
6. Accounting Cycle...................................................................................................................................30
Exercise 6.1............................................................................................................................................30
Exercise 6.2............................................................................................................................................31
Exercise 6.3............................................................................................................................................32
Exercise 6.4............................................................................................................................................33
Exercise 6.5............................................................................................................................................34
Exercise 6.6............................................................................................................................................35
Exercise 6.7............................................................................................................................................36
Exercise 6.8............................................................................................................................................37

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 3 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

1. Basic Navigation
Exercise 1.1
Fill each blank with the appropriate words or terminologies that will make the statements correct.

1. The ______________ displays at the top of the screen. It contains the Windows standard menu
(File, Edit, W window, Help) as well as generic SAP Business One functions.

2. The _____________ is a collection of icon buttons that grant you easy access to commonly-used
functions.

3. Navigation in SAP Business One is done using the _____________. It arranges the functions of the
individual applications in a tree structure.

4. The users of SAP Business One are defined in the _____________ window.

5. Accessing SAP Business One on Cloud is done using _____________ like Google Chrome, Mozilla
Firefox or Safari.

Exercise 1.2
Identify the terminologies being described by each sentence.

1. This is a business management software that allows an organization to use a system

of integrated applications to manage the business. It aims to serve as a backbone for your whole
business.

2. This is also known as Internal Cloud, is a cloud based infrastructure operated exclusively for a single
organization with all data protected behind an internal firewall.

3. This is also known as External Cloud, is available to the public where data are created and stored on
third-party servers.

4. This is a key feature of cloud computing where resources can be accessed anywhere (except on
limitations set by company's internal control).

5. This the place where SAP, a European multinational software corporation, was founded in 1972.

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 4 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

2. BP and Item Master Data

Exercise 2.1
Header
  Code: CU00011  
  BP Type Customer  
  Name Jem  
  Group Large Accounts  
General
  Tel No: 78459083  
  Mobile Phone: 90567345254  
  E-Mail [email protected]  
Contact Person
  Contact ID: JC-389  
  First Name: Susan  
  Title: Mrs.  
  Middle Name: Gupit  
  Last Name: Castillo  
  Address: La Union  
  Telephone No: 34565456  
  Mobile Phone: 91638253678  
  E-Mail [email protected]  
Payment Term
  Payment Terms: Net 60  
  Price List: Sales Price Student 11  

Add the information above on the Business Partner Master Data.

Copy and paste the ADDED Business Partner Master Data here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 5 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 2.2
Header
  Code: SU00011  
  BP Type Vendor  
  Name Jeydon Pharmacy  
  Group Suppliers  
General
  Tel No: 68783655  
  Mobile Phone: 90021003054  
  E-Mail [email protected]  
Contact Person
  Contact ID: CJ-555  
  First Name: Tracy  
  Title: Mrs.  
  Middle Name: Lopez  
  Last Name: Villa Cruz  
  Address: Laguna  
  Telephone No: 65465422  
  Mobile Phone: 90556438877  
  E-Mail [email protected]  
Payment Term
  Payment Terms: Net 30  
  Price List: Base Price  
Add the information above on the
Business Partner Master Data.
Copy and paste the ADDED Business Partner Master Data here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 6 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 2.3

Item
Item No. Description Unit Price
Group
SteelSeries Rival 105 Kana Inspired RGB Gaming
IM00051 Items 1300
Mouse
IM00052 Secure 650VA UPS AVR Items 647
IM00053 Intel Core CPU Items 11342
IM00054 Dynamic Microphone Items 2535
IM00055 Lens Scanner Items 7245

Add the following items on the item master data:

Copy and paste the LIST of Item Master Data here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 7 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

3. Purchase Process
Exercise 3.1
Perform the Purchasing Process (Purchase Order > Goods Receipt PO > AP Invoice> Outgoing
Payments) using the details below:

Input the required information, use the selection list when available:
Vendor: SU00011
Name: Jeydon Pharmacy
Posting Date: Date Today
Item No: IM00051
Quantity: 61 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 8 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 3.2
Perform the Purchasing Process (Purchase Order > Goods Receipt PO > AP Invoice> Outgoing
Payments) using the details below:

Input the required information, use the selection list when available:
Vendor: SU00011
Name: Jeydon Pharmacy
Posting Date: Date Today
Item No: IM00052 and IM00053
Quantity: 62 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 9 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 3.3
Perform the Purchasing Process (Purchase Order > Goods Receipt PO > AP Invoice> Outgoing
Payments) using the details below:

Input the required information, use the selection list when available:
Vendor: SU00011
Name: Jeydon Pharmacy
Posting Date: Date Today
Item No: IM00051, IM00054 and IM0005
Quantity: 63 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 10 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 3.4
Perform the Purchasing Process (Purchase Order > Goods Receipt PO > AP Invoice> Outgoing
Payments) using the details below:

Input the required information, use the selection list when available:
Vendor: SU00011
Name: Jeydon Pharmacy
Posting Date: Date Today
Item No: IM00052, IM00053, IM00054 and IM00055
Quantity: 64 each
Click Add to save the document. Screenshot the complete relationship map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 11 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 3.5
Perform the Purchasing Process (Purchase Order > Goods Receipt PO > AP Invoice> Outgoing
Payments) using the details below:

Input the required information, use the selection list when available:
Vendor: SU00011
Name: Jeydon Pharmacy
Posting Date: Date Today
IM00051, IM00052, IM00053, IM00054 and
Item No: IM00055
Quantity: 65 each
Click Add to save the document. Screenshot the complete relationship map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 12 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

4. Sales Process
Exercise 4.1
Perform the Sales Process (Sales Order > Delivery > AR Invoice> Incoming Payments) using the details
below:

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Input the required information, use the selection list when available:
Vendor: CU00011
Name: Jem
Posting Date: Date Today
Item No: IM00051
Quantity: 4 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 13 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 4.2
Perform the Sales Process (Sales Order > Delivery > AR Invoice> Incoming Payments) using the details
below:

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Input the required information, use the selection list when available:
Vendor: CU00011
Name: Jem
Posting Date: Date Today
Item No: IM00052 and IM00053
Quantity: 6 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 14 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 4.3
Perform the Sales Process (Sales Order > Delivery > AR Invoice> Incoming Payments) using the details
below:

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Input the required information, use the selection list when available:
Vendor: CU00011
Name: Jem
Posting Date: Date Today
IM00051, IM00054 and
Item No: IM00055
Quantity: 13 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 15 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 4.4
Perform the Sales Process (Sales Order > Delivery > AR Invoice> Incoming Payments) using the details
below:

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Input the required information, use the selection list when available:
Vendor: CU00011
Name: Jem
Posting Date: Date Today
IM00052, IM00053, IM00054
Item No: and IM00055
Quantity: 14 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 16 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 4.5
Perform the Sales Process (Sales Order > Delivery > AR Invoice> Incoming Payments) using the details
below:

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Input the required information, use the selection list when available:
Vendor: CU00011
Name: Jem
Posting Date: Date Today
IM00051, IM00052, IM00053,
Item No: IM00054 and IM00055
Quantity: 8 each
Click Add to save the document. Screenshot the complete relationship
map.

Copy and Paste the screenshot of the RELATIONSHIP MAP here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 17 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

5. Inventory Management
Exercise 5.1
Add the following warehouses:

Warehouse Code W18 W19 W20 W21

Warehouse Name Batanes Cagayan Isabela Quirino

Location Batanes Cagayan Isabela Quirino

Street No. Legaspi Amorsolo Nuestra Tawatawa

City Batanes Cagayan Isabela Quirino

Country Philippines Philippines Philippines Philippines

Copy and paste the screenshot of WAREHOUSE LIST here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 18 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.2
1. Add the following items below managed by batches:
2. Create a Goods Receipt PO for the items below using your Vendor with 100 quantities per item.
3. Configure the items managed by batch at your own disposal
4. Create a Delivery of the items using your Customer with 10 quantities per item

Header
  Item No. B00011  
  Description ORAL B Charcoal  
  Item Group Toothbrush  
  Unit Price 70  
  Manage Item By Batches  
  Management Method On every Transaction  
 
  Item No. B0011A  
  Description 1 Dozen of Sunflower  
  Item Group Flowers  
  Unit Price 3,500  
  Manage Item By Batches  
  Management Method On every Transaction  
Copy and paste the screenshots (3) of
the following:
1. ADDED ITEM MASTER DATA WINDOW here:
2. ADDED Goods Receipt PO
3. ADDED Delivery

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 19 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 20 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.3
1. Add the following items below managed by Serial:
2. Create a Goods Receipt PO for the items below using your Vendor with 10 quantities per item.
3. Configure the items managed by Serial at your own disposal
4. Create a Delivery of the items using your Customer with 10 quantities per item

Header
  Item No. SN00011  
  Description Lenovo Thinkpad T490  
  Item Group Laptops  
  Unit Price 17,999  
  Manage Item By Serial Numbers  
  Management Method On every Transaction  
 
  Item No. SN0011A  
  Description Lenovo Legion Y530 15  
  Item Group Laptop  
  Unit Price 23,246  
  Manage Item By Serial Numbers  
  Management Method On every Transaction  

Copy and paste the screenshots (3) of

the following:
1. ADDED ITEM MASTER DATA WINDOW here:
2. ADDED Goods Receipt PO
3. ADDED Delivery

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 21 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 22 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.4
Goods Receipt

Increase in inventory item because of freebies from suppliers

Item No: Quantity

IM00051 50
IM00052 40

Copy and paste the screenshot of processed Goods Receipt Window here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 23 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.5
Goods Receipt

Increase in inventory item due to unaccounted items in the warehouse

Item No: Quantity

IM00053 30
IM00054 20
IM00055 40

Copy and paste the screenshot of processed Goods Receipt Window here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 24 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.6
Goods Issue

Decrease in inventory item due to discovered theft in the warehouse

Item No: Quantity

IM00051 7
IM00052 4

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Copy and paste the screenshot of processed Goods Issue Window here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 25 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.7
Goods Issue

Decrease in inventory item due to warehouse fire

IM00053 5
IM00054 6
IM00055 3

Note: If the quantities of the items are insufficient, proceed with the Goods Receipt PO first in order for
the stock data to have sufficient quantity.

Copy and paste the screenshot of processed Goods Receipt Window here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 26 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.8
1. Create period and volume discounts for the following items
2. Create Sales Order to check whether the configured period and volume discounts of the items
will take effect

Item No. Period Period Discount Volume Volume Discount

IM00051
5 days 10% 20 15%

IM00052

Create Sales Order for CU00011 with items IM00051 and IM00052

Copy and paste the screenshot of Sales Order here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 27 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.9
1. Create period and volume discounts for the following items
2. Create Sales Order to check whether the configured period and volume discounts of the items
will take effect

Item No. Period Period Discount Volume Volume Discount

IM00053
10 days 20% 25 10%

IM00054

Create Sales Order for CU00011 with items IM00053 and IM00054

Copy and paste the screenshot of Sales Order here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 28 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 5.10
1. Create period and volume discounts for the following items
2. Create Sales Order to check whether the configured period and volume discounts of the items
will take effect

Item No. Period Period Discount Volume Volume Discount

IM00055 15 days 25% 30 20%

Create Sales Order for CU00011 with items IM00055

Copy and paste the screenshot of Sales Order here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 29 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

6. Accounting Cycle
Exercise 6.1
Record the following transactions using the Manual Journal Entry:

On March 30, 20XX, the company issued ordinary share capital worth of P 500,000, payment received
and deposited on its GBP Bank Account 1

Dr. GBP Bank Account 1 P 500,000

Cr. Ordinary Share Capital P 500,000

Copy and paste the screenshot of the TRANSACTION JOURNAL REPORT here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 30 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.2
Record the following transactions using the Manual Journal Entry:

On April 15, 20XX, the company recorded a Salary Expense worth of P 250,000, paid for through the
company’s GBP Bank Account 1.

Dr. Salaries and Wages P 250,000

Cr. GBP Bank Account 1 P 250,000

Copy and paste the screenshot of the TRANSACTION JOURNAL REPORT here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 31 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.3
Create the following entries in journal entry through the journal vouchers.

On April 10,20XX, the company will pay a total of P 15,000 from the Petty Cash fund for transportation
related expenses. This transaction is still subject to supervisor’s approval.

Dr. Travel Costs – Other P 15,000

Cr. Petty Cash Fund P 15,000

Copy and paste the screenshot of the TRANSACTION JOURNAL REPORT here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 32 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.4
Generate the General Ledger as of the date of the latest transaction.

Copy and paste the screenshot of the GENERAL LEDGER here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 33 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.5
Generate the Trial Balance as of the end of the year.

Copy and paste the screenshot of the TRIAL BALANCE here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 34 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.6
Generate the Balance Sheet as of the end of the year.

Copy and paste the screenshot of the BALANCE SHEET here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 35 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.7
Generate the Income Statement as of the end of the year.

Copy and paste the screenshot of the INCOME STATEMENT here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 36 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10

 SAP B1 on Cloud – AIS

Exercise 6.8
Perform Period End Closing for the year 20XX.

Copy and paste the screenshot of the closing entries generated by the system using TRANSACTION
JOURNAL REPORT here:

FIT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph

Page 37 / 37

547207095.docx printed on 10/6/2021 6:13 a10/p10