1. Pierre-Majorique LÉGER Jacques ROBERT Gilbert BABIN Robert PELLERIN Bret WAGNER Version : August 2011 Copyright © 2011 HEC Montréal ERP Simulation Game Manufacturing game Part 2 - Chapter 3 Operational business processes

2. Version : August 2011 Financial accounting vs Cost accounting Financial accounting (FI) Financial statements Legal obligation GAAP Cost accounting(CO) Managerial accounting Performance measurement Flexible © HEC Montréal 2010 / Page 2

3. Financial accounting

4. Version : August 2011 General ledger, chart of accounts and accounts C General ledger Cash Material P/L Liab.... 000000-099999 100000-199999 200000-299999 300000-399999 400000-499999 500000-599999 600000-699999 Cash accounts Account groups Cash Account 001111 000000-099999 Account group Asset Account = master data

5. Version : August 2011 Accounts contain posting G/L posting rules: FS00 © HEC Montréal 2010 / Page 5

6. Version : August 2011 Chart of accounts used in the simulation (1/2)

7. Version : August 2011 Chart of accounts used in the simulation (2/2)

8. Version : August 2011 Financial transaction : Posting in the G/L © HEC Montréal 2010 / Page 8

9. Version : August 2011 Displaying a financial document

10. Version : August 2011 Reversing a transaction

11. Version : August 2011 Unparking a financial document

12. Version : August 2011 Display financial statements

13. Version : August 2011 Pre-game financial transactions Initial capitalization Bank Loan Land Building Assembly line

14. Version : August 2011 Financial transaction : Initial capitalization & Bank Loan

15. Version : August 2011 Financial transaction : Land and Building

16. Version : August 2011 Financial transaction : Assembly line

17. Cost accounting

18. Version : August 2011 Profit and cost centers Cost centers Part of a company seen as a separate area of responsibility, location or cost-accounting entity Place at which costs occur Profit centers An organizational unit in Accounting that reflects a management-oriented structure of the organization for the purpose of internal control Collect revenues

19. Version : August 2011 Accounts with cost element: FS00 Transactions in this account trigger a CO impact

20. Version : August 2011 G/L Posting with cost center

21. Version : August 2011 Financial accounting Transaction in FI Transaction in CO Cost accounting 100 BankSupplies Exp. Cost centers 100 Interactions between CO and FI modules

22. Version : August 2011 Profit center analysis (1/2)

23. Version : August 2011 Profit center analysis (2/2)

24. Version : August 2011 Financial transactions with CO: Marketing investments (1/2)

25. Version : August 2011 Financial transactions with CO: Marketing investments (2/2)

26. Version : August 2011 Financial transaction with CO: Interest expenses

27. Version : August 2011 Financial transactions with CO: Depreciation

28. Version : August 2011 Financial transactions with CO: Other expenses

29. Version : August 2011 Financial transactions with CO: Production improvements