SAP B1 on Cloud – BASIC

EXERCISE WORKBOOK
FOR STUDENT 31

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

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 SAP B1 on Cloud – BASIC

Table of Contents

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..............................................................................................................................................9
3. Purchase Process...................................................................................................................................10
Exercise 3.1............................................................................................................................................10
Exercise 3.2............................................................................................................................................11
Exercise 3.3............................................................................................................................................12
Exercise 3.4............................................................................................................................................13
Exercise 3.5............................................................................................................................................14
4. Sales Process.........................................................................................................................................15
Exercise 4.1............................................................................................................................................15
Exercise 4.2............................................................................................................................................16
Exercise 4.3............................................................................................................................................17
Exercise 4.4............................................................................................................................................18
Exercise 4.5............................................................................................................................................19
5. Inventory Management.........................................................................................................................20
Exercise 5.1............................................................................................................................................20
Exercise 5.2............................................................................................................................................21
Exercise 5.3............................................................................................................................................23
Exercise 5.4............................................................................................................................................25
Exercise 5.5............................................................................................................................................26
Exercise 5.6............................................................................................................................................27
Exercise 5.7............................................................................................................................................28
Exercise 5.8................................................................................................Error! Bookmark not defined.

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

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Exercise 5.9................................................................................................Error! Bookmark not defined.

Exercise 5.10..............................................................................................Error! Bookmark not defined.
6. Production Process................................................................................................................................29
Exercise 6.1............................................................................................................................................32
Exercise 6.2............................................................................................................................................34
7. Services..................................................................................................................................................35
Exercise 7.1............................................................................................................................................35
8. Accounting Cycle...................................................................................................................................37
Exercise 8.1............................................................................................................................................37
Exercise 8.2............................................................................................................................................38
Exercise 8.3............................................................................................................................................39
Exercise 8.4............................................................................................................................................40
Exercise 8.5............................................................................................................................................41
Exercise 8.6............................................................................................................................................42
Exercise 8.7............................................................................................................................................43
Exercise 8.8............................................................................................................................................44

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

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 SAP B1 on Cloud – BASIC

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

1. The menu bar 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 toolbars are a collection of icon buttons that grant you easy access to commonly-used
functions.

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

4. The users of SAP Business One are defined in the User-setup window.

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

Exercise 1.2
Identify the terminologies being described by each sentence.

Enterprises Resource Planning (ERP) 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.

Private Cloud 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.

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

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

Walldorf Baden-Wurttemberg, Germany 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

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2. BP and Item Master Data

Exercise 2.1
Header
Code: CU00031
BP Type Customer
Name Erwin
Group Small Accounts
General
Tel No: 40945143
Mobile Phone: 91423612343
E-Mail [email protected]
Contact Person
Contact ID: ES-387
First Name: Salome
Title: Mrs.
Middle Name: Zaraspe
Last Name: Conti
Address: Agusan Del Sur
Telephone No: 94567398
Mobile Phone: 98267541987
E-Mail [email protected]
Payment Term
Payment Terms: Net 30
Price List: Sales Price Student 31

Add the information above on the Business Partner Master Data

Input the screenshot of your output 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

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Exercise 2.2
Header
Code: SU00031
BP Type Vendor
Name Ling Book Store
Group Suppliers
General
Tel No: 98465465
Mobile Phone: 96542133216
E-Mail [email protected]
Contact Person
Contact ID: LI-099
First Name: Aurora
Title: Ms.
Middle Name: Aice
Last Name: Macabagdal
Address: Benguet
Telephone No: 65432100
Mobile Phone: 95123465413
E-Mail [email protected]
Payment Term
Payment Terms: Net 60
Price List: Regular Purchase Price

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

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 SAP B1 on Cloud – BASIC

Add the information above on the Business Partner Master Data

Input the screenshot of your output 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

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Exercise 2.3
Add the following items on the Item Master Data:

Item
Item No. Description Unit Price
Group
IM00151 CRG9 Dual QHD Curved QLED Gaming Monitor Items 4105
IM00152 Intel Celeron CPU Items 16900
IM00153 Steel Series Rival 600 RGB Gaming Mouse Items 3800
IM00154 Logitech G613 Wireless Mechanical Gaming Keyboard Items 4350
IM00155 JBL Cinema SB250 Bluetooth Speaker Items 13500

Input the screenshot of your output 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

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3. Purchase Process
Exercise 3.1
Perform the following purchase transaction

Input the required information, use the selection list when available:
Vendor: SU00031
Name: Ling Book Store
Posting Date: Date Today
Item No: IM00151
Quantity: 45 each
Click Add to save the document and cancel the windows.

Input the screenshot of your output 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

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Exercise 3.2
Perform the following purchase transaction

Input the required information, use the selection list when available:
Vendor: SU00031
Name: Ling Book Store
Posting Date: Date Today
Item No: IM00153 and IM00155
Quantity: 66 each
Click Add to save the document and Cancel the window.

Input the screenshot of your output 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

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Exercise 3.3
Perform the following purchase transaction

Input the required information, use the selection list when available:
Vendor: SU00031
Name: Ling Book Store
Posting Date: Date Today
Item No: IM00153, IM00154 and IM00155
Quantity: 47 each
Click Add to save the document and cancel the window.

Input the screenshot of your output 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

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Exercise 3.4
Perform the following purchase transaction

Input the required information, use the selection list when available:
Vendor: SU00031
Name: Ling Book Store
Posting Date: Date Today
IM00151, IM00153, IM00154 and
Item No: IM00155
Quantity: 38 each
Click Add to save the document and cancel the window.

Input the screenshot of your output 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

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Exercise 3.5
Perform the following purchase transaction

Input the required information, use the selection list when available:
Vendor: SU00031
Name: Ling Book Store
Posting Date: Date Today
IM00151, IM00152, IM00153, IM00154 and
Item No: IM00155
Quantity: 49 each
Click Add to save the document and cancel the window.

Input the screenshot of your output 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

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4. Sales Process
Exercise 4.1
Perform the whole sales process on this transaction:

Input the required information, use the selection list when available:
Vendor: CU00031
Name: Erwin
Posting Date: Date Today
Item No: IM00151
Quantity: 23 each
Click Add to save the document and cancel the windows.

Input the screenshot of your output 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

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Exercise 4.2
Perform the whole sales process on this transaction:

Input the required information, use the selection list when available:
Vendor: CU00031
Name: Erwin
Posting Date: Date Today
Item No: IM00153 and IM00155
Quantity: 24 each
Click Add to save the document and cancel the windows.

Input the screenshot of your output 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

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Exercise 4.3
Perform the whole sales process on this transaction:

Input the required information, use the selection list when available:
Vendor: CU00031
Name: Erwin
Posting Date: Date Today
IM00153, IM00154 and
Item No: IM00155
Quantity: 15 each
Click Add to save the document and cancel the windows.

Input the screenshot of your output 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

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Exercise 4.4
Perform the whole sales process on this transaction:

Input the required information, use the selection list when available:
Vendor: CU00031
Name: Erwin
Posting Date: Date Today
IM00151, IM00153, IM00154
Item No: and IM00155
Quantity: 16 each
Click Add to save the document and cancel the windows.

Input the screenshot of your output 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

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Exercise 4.5
Perform the whole sales process on this transaction:

Input the required information, use the selection list when available:
Vendor: CU00031
Name: Erwin
Posting Date: Date Today
IM00151, IM00152,
IM00153, IM00154 and
Item No: IM00155
Quantity: 27 each
Click Add to save the document and cancel the windows.

Input the screenshot of your output 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

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5. Inventory Management
Exercise 5.1
Add the following warehouses:

Warehouse Code W98 W99 WA1 WB1

Warehouse Name Koronadal Tandag Bislig Samal

Location Koronadal Tandag Bislig Samal

Street No. Bagong Ilog Manaog Suzuki Honda

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

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 SAP B1 on Cloud – BASIC

City Koronadal Tandag Bislig Samal

Country Philippines Philippines Philippines Philippines

Input the screenshot of your output here:

Exercise 5.2
Add the following items managed by batches:

For 1st item:

 Create purchase order for SU00031 and receive 100pcs by batches.
 Create sales order for CU00031 and deliver 67pcs by batches.
For 2nd item:
 Create purchase order for SU00031 and receive 100pcs by batches.
 Create sales order for CU00031 and deliver 35pcs by batches.

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

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 SAP B1 on Cloud – BASIC

Header
Item No. B00031
Description NVIDIA GeForce GTX 1650 4GB
Item Group Video Cards
Unit Price 10,000
Manage Item By Batches
Management Method On every Transaction

Item No. B0031A

Description RX 5700 XT (AMD gpu)
Item Group Video Cards
Unit Price 12,000
Manage Item By Batches
Management Method On every Transaction
Input the screenshot of your output 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

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Exercise 5.3
Add the following items managed by serial numbers:

For 1st item:

 Create purchase order for SU00031 and receive 20pcs by serial numbers.
 Create sales order for CU00031 and deliver 7pc by serial numbers.
For 2nd item:
 Create purchase order for SU00031 and receive 20pcs by serial numbers.
 Create sales order for CU00031 and deliver 8pcs by serial numbers.

Header
Item No. SN00031
Description ASUS X570ZD
Item Group Laptop
Unit Price 34,495
Manage Item By Serial Numbers
Management Method On every Transaction

Item No. SN0031A

Description ASUS ROG Strix Hero II
Item Group Laptop
Unit Price 85,099
Manage Item By Serial Numbers
Management Method On every Transaction

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

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

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 SAP B1 on Cloud – BASIC

Exercise 5.4
Goods Receipt

Increase in inventory item because of freebies from suppliers

Item No: Quantity

IM00151 25
IM00152 25

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

Exercise 5.5
Goods Receipt

Increase in inventory item due to unaccounted items in the warehouse

Item No: Quantity

IM00153 50
IM00154 40
IM00155 30

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

Exercise 5.6
Goods Issue

Decrease in inventory item due to discovered theft in the warehouse

Item No: Quantity

IM00151 2
IM00152 4

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

Exercise 5.7
Goods Issue

Decrease in inventory item due to warehouse fire

IM00153 6
IM00154 7
IM00155 9

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

Exercise 5.8
Create period and volume discounts for the following items:

Price List: Sales Price Student 31

Item No. Period Period Discount Volume Volume Discount

IM00151
15 days 15% 30 20%
IM00152

Create Sales Order for CU00031 with items IM00151 and IM00152

Insert the screenshot of your output 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

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Exercise 5.9
Create period and volume discounts for the following items:

Price List: Sales Price Student 31

Item No. Period Period Discount Volume Volume Discount

IM00153
15 days 10% 30 25%
IM00154

Create Sales Order for CU00031 with items IM00153 and IM00154

Insert the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

Exercise 5.10
Create period and volume discounts for the following items:

Price List: Sales Price Student 31

Item No. Period Period Discount Volume Volume Discount

IM00155 20 days 15% 40 35%

Create Sales Order for CU00031 with items IM000155

Insert the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

6. Production Process
Exercise 6.1
1. Add the following items on the Item Master Data:
Item No. PR610000
Description Spacesuit
Item Group Finished Goods

Item No. PR611000

Description Spacesuit- helmet
Work in Process
Item Group Inventory
Production Data Phantom Item

Item No. PR611001

Description Fiber Glass
Item Group Raw Materials
Unit Price 400

Item No. PR611002

Description Polycarbonate
Item Group Raw Materials
Unit Price 400

Item No. PR612000

Description Spacesuit- Body
Work in Process
Item Group Inventory
Production Data Phantom Item

Item No. PR612001

Description Synthetic fabrics
Item Group Raw Materials
Unit Price 1000

Item No. PR612002

Description Dacron Polyester
Item Group Raw Materials
Unit Price 500

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

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 SAP B1 on Cloud – BASIC

Complete the Production Process based on this diagram

The diagram below shows the production process of PR610000 (Spacesuit), wherein items
PR611001 and PR611002 are raw materials needed to produce PR611000 (Spacesuit - Helmet), and
items PR612001 and PR612002 are raw materials needed to produce PR612000 (Spacesuit – Body).
Items PR611000 and PR612000 are being assembled to produce PR610000 (Spacesuit).

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

Exercise 6.2
2. Add the following items on the Item Master
Data
Item No. PR620000
Description Sponge
Item Group Finished Goods

Item No. PR621000

Description Hemp Fiber
Item Group 200
Unit Price 120

Item No. PR622000

Description Wood Pulp
Item Group Raw Materials
Unit Price 200

Complete the Production Process based on this diagram

Input the screenshot of your output 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

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 SAP B1 on Cloud – BASIC

7. Services
Exercise 7.1
Record a Service Call based on the details below :

Service Call Type: Sales

BP Code: C40000
Serial Number: S1-000151
Priority: Medium
Subject: Customer inquiry regarding S1-000151

General
Origin: Telephone No.
Problem Type: Functional
Activities
Activity: Phone Call
Duration: 10 minutes
Priority: Normal
Solutions
Solution: Install new printer to PC
Cause: New printer is not installed in the PC
Please use the user manual provided which
contains step by step process of printer
Remarks: installation.
Resolution
Problem was resolved. Ticket is now closed.

Note: Don't forget to change Call Status from Open to Closed.

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

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 SAP B1 on Cloud – BASIC

Input the screenshot of your output 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

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8. Accounting Cycle
Exercise 8.1
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

Insert the screenshot of your output here:

https://www.investopedia.com/terms/l/liability.asp

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

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 SAP B1 on Cloud – BASIC

Exercise 8.2
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

Insert the screenshot of your output here:

https://www.investopedia.com/terms/l/liability.asp

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

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Exercise 8.3
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

Submit the screenshot of the journal voucher created and the transaction journal report.

Insert the screenshot of your output here:

https://www.investopedia.com/terms/l/liability.asp

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

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 SAP B1 on Cloud – BASIC

Exercise 8.4
Generate the General Ledger as of the date of the latest transaction.

Insert the screenshot of your output here:

https://www.investopedia.com/terms/l/liability.asp

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 39 / 43

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 SAP B1 on Cloud – BASIC

Exercise 8.5
Generate the Trial Balance as of the end of the year.

Insert the screenshot of your output 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 40 / 43

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 SAP B1 on Cloud – BASIC

Exercise 8.6
Generate the Balance Sheet as of the end of the year.

Insert the screenshot of your output 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 41 / 43

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 SAP B1 on Cloud – BASIC

Exercise 8.7
Generate the Income Statement for the year.

Insert the screenshot of your output 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 42 / 43

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 SAP B1 on Cloud – BASIC

Exercise 8.8
Perform Period End Closing for the year 20XX.

Screenshot the closing entries generated in the Transaction Journal Report.

Insert the screenshot of your output 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 43 / 43

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