1. Financial Management
26th- Apr-16

2. Agenda Objective Finance structure Role of finance
System and process control
How financial result impact business decision.

3. I. Objective Share practice of the financial management
How to control financial information/ Segregation of duty

4. II. Finance Structure Chief Financial Officer (CFO)
Financial Accounting Manager
AP team
RS team
Treasury Accountant
Financial Accountant
AR Team
Tax & Fixed Assets
Procurement IT
Business Finance Manager
Finance Analyst

5. III. Role of Finance Budget Control Book keeping Compliance
Internal control
Reporting ( financial performance)

6. IV. System and Process Control
System : SAP ( System Application Product)
FI Financial Accounting
CO Controlling
IM Investment Management
BW Business Warehouse
BPS Business Planning & Simulation
PM Plant Maintenance
WF Workflow
HR Human Resources
PY Payroll MM WM PP PM WF SD
SAP CO IM
BPS FI HR PY BW
BCS
SD Sales & Distribution
WM Warehouse Management
MM Materials Management
PP Production Planning
BCS Business Consolidation & Sourcing
Features of SAP :
Integration
Flexibility
Real-time
On-line
SAP: A computer software application, specifically designed for large companies. Has different modules, which will be used by different departments in a company.
The modules are integrated, meaning that they are all linked together in order to share information.
This enables all departments to run more efficiently and to the synergetic benefit and achievement of the company goals.

7. SALES ORDER PROCESSING
B. Process and Control
Standard Operation Procedure: SOP
ODER TO CASH (OTC)
SALES ORDER PROCESSING
LOAD CREATION
LOAD BUILDING
SETTLEMENT
PAYMENT
RECEIPT
REPORTING

8. V. How financial result impact business Decision
Forecasting and budget planning
Investment decision making
Dedicate company performance
the key difference between a budget and a forecast is that the budget is a plan for where a business wants to go, while a forecast is the indication of where it is actually going.
The forecast is typically limited to major revenue and expense line items. There is usually no forecast for financial position, though cash flows may be forecasted
a budget is a quantified expectation for what a business wants to achieve

9. Thank you