Acounting for Business Decisions HI5001
- Subject Code :
HI5001
- University :
Holmes Institute Exam Question Bank is not sponsored or endorsed by this college or university.
- Country :
Australia
ASSESSMENT DETAILS AND SUBMISSION GUIDELINES |
|
Trimester |
T3 2022 |
Unit Code |
HI5001 |
Unit Title |
Accounting for Business Decisions |
Assessment Type |
SAP ERP Assessment (Individual Assignment) |
Assessment Title |
Completing the Procurement and Fulfilment Processes |
Purpose of the assessment (with ULO Mapping) |
Students are required to assess and apply accounting principles in recording business transactions in the accounting cycle and the role of accounting information systems [ULO 2]. |
Weight |
30% of the total assessments. |
Total Marks |
30 Marks. |
Word limit |
N/A. |
Due Date |
The written report is due in Week 11, dated 3rd February 2023, at 11.59 pm (Melbourne & Sydney Students) and 10.59 pm (Queensland Students). Late submission incurs a penalty of five per cent of the assessment per calendar day unless Student Services have granted an extension or approved the special consideration before the assessment submission deadline. |
Submission Guidelines |
You are required to complete the given case study in the SAP S/4HANA enterprise system using your SAP username and password. Upon completing this case, please insert the screenshots in the specified areas and submit the assignment. To complete this assignment, please follow the steps carefully given on pages 43 to onwards of the SAP ERP Tutorial. This tutorial is available on the following link: Blackboard >> 2022-T3-HI5001: Accounting for Business Decisions >> Assessments >> SAP ERP Assessment >> SAP ERP Tutorial Again, please follow all the steps carefully. If you are still facing any issues/errors, please do the following to complete this assignment: 1. include the available screenshots in the assignment, and 2. mention this issue/error in the note section. You will see the note section under the space provided for the screenshot in the assignment. Note: I have forwarded your SAP ERP account details (Username, password and client number) to your email. Please search the email entitled "SAP Username and Details". Please complete the below given Cover Sheet. For further details, please attend this week's drop-in session. |
Faculty of Higher Education
Individual Assignment Cover Sheet
This cover sheet must be submitted with your assignment
STUDENT NAME |
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STUDENT NUMBER |
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UNIT CODE |
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UNIT NAME |
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DUE DATE |
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Declaration
I certify that:
This assignment is my own work.
I have acknowledged and disclosed any assistance received in its preparation andcited all sources from which data, ideas, and words (whether quoted directly or paraphrased) were taken.
This assignment was prepared specificallyfor this unit only.
The reference list is truthful and accurate and in Holmes approved referencing style.
STUDENT SIGNATURE / NAME |
ASSIGNMENT DETAILS
1. Case Study
1.1 Procurement Scenario
GBI re-sells a range of bicycles. There is a request for the Deluxe Touring Bike (black). After reviewing the stock, you realise that stock is required, and you are required to start the procurement process. The Deluxe Touring Bike (black) is purchased from the vendor; Olympic Protective Gear. This vendor is already created in the system. You create a purchase order for the Deluxe Touring Bike (black), which is forwarded to the vendor. The goods arrive, and you will create a goods receipt and verify the physical receipt in stock. An invoice will arrive, which will need to be entered into the system. Payments will be posted to the vendor, and you will review the impact the purchase has on General Ledger.
Your task is to complete the procurement process from a specified scenario and produces several screenshots to verify the completion of the process. The screenshots are to be inserted (pasted) in the specified areas below. If you are unsure how to take a screenshot, please refer to Google.
1.1.1 Required Steps
1.1.1.1 Purchase Order Data
Field |
Description |
Value |
Purchasing Organisation |
BI US |
US00 |
Vendor |
Olympic Protective Gear |
101### (where ### is your logon number) |
Purchase Group |
North America |
N00 |
Material |
Deluxe Touring Bikes (black) |
DXTR1### (where ### is your logon number) |
Quantity |
4 |
|
Net Price |
$1400 each |
|
Currency |
USD |
|
Plant |
DC Miami |
MI00 |
Deliverable: Procurement |
1. Insert a screenshot of your Purchase Order |
Screenshot: |
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Note: |
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You could take a screenshot once the process is complete or use the Display Purchase Order functionality |
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1.1.1.2 Goods Receipt Data
Field |
Description |
Value |
Storage Location |
Finished Goods |
US00 |
1.1.1.3 Invoice Data
Field |
Description |
Value |
Company Code |
GBI Americas |
US00 |
Tax |
XI (Input tax) |
1.1.1.4 Payment Data
Field |
Description |
Value |
Posting Date |
Today's date |
|
Journal Entry Date |
Today's date |
|
Value Date |
Today's date |
|
Period |
Today's month |
|
G/L Account |
1000000 |
|
Bank |
House Bank |
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Amount |
5600 |
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Currency |
USD |
Deliverable: Procurement |
2. Insert a screenshot of your Process Flow |
Screenshot: |
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Note: |
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Deliverable: Procurement |
3. Insert a screenshot of your Post Outgoing Payments |
Screenshot: |
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Note: |
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1.2 Fulfilment Scenario
GBI re-sells a range of bicycles. The company have had an Inquiry from an existing customer (The Bike Zone ###) for 4 Deluxe Touring Bike (Black). As indicated, the customer is already in the system. Once you create the Inquiry, the customer has requested a formal Quotation. The customer receives the quotation and sends GBI a Purchase Order which is entered into the system as a Sales Order. As there is enough stock, you will complete the Delivery process. An Invoice will be created, and sent to the customer, and then GBI will receive Payment from the Customer.
Note: If you did the exercise, then your customer will be there. If not, then you will have to create the customer. The process of creating a new customer is given on page 68 of the SAP Tutorial.
Your task is to complete the fulfilment process from a specified scenario and produces several screenshots to verify the completion of the process. The required data for various steps is displayed below. All other data is the same as the exercise you have previously completed. The screenshots are to be inserted (pasted) in the specified areas below.
1.2.1 Required Steps
1.2.1.1 Create an Inquiry
Field |
Description |
Value |
Sales Organisation |
US East |
UE00 |
Distribution Channel |
Wholesale |
WH |
Division |
Bikes |
BI |
Sold to Party |
Bike Zone ### |
|
City |
Orlando |
|
Cust Ref |
### |
|
Cust Ref Date |
Today's date |
|
Valid From |
Today's date |
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Valid to |
one month from today |
|
Material |
Deluxe Touring Bike (Black) |
DXTR1### |
Order Quantity |
4 |
Deliverable: Fulfilment |
4. Insert a screenshot of your Inquiry |
Screenshot: |
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Note: |
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1.2.1.2 Create a Quotation with a Reference
Field |
Description |
Value |
Cust Ref |
### |
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Cust Ref Date |
Today's date |
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Valid From |
Today's date |
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Valid to |
one month from today |
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Req Deliv Date |
Today's date |
1.2.1.3 Create Sales Order with Reference
Field |
Description |
Value |
Purchase Order No |
### |
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Cust Reference |
### |
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Cust Ref Date |
Today's date |
|
First date |
Tomorrow's date |
Deliverable: Fulfilment |
5. Insert a screenshot of your Sales Order |
Screenshot: |
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Note: |
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1.2.1.4 Delivery Process
Field |
Description |
Value |
Ship to Party |
Bike Zone ### |
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Planned Creation date |
Due up until next week |
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Picking Quantity |
4 |
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Storage Location |
Finished Goods |
FG00 |
1.2.1.5 Create Invoice
Field |
Description |
Value |
Ship to Party |
Bike Zone ### |
|
Billing Date From |
Today's date |
1.2.1.6 Post Receipt of Customer Payment
Field |
Description |
Value |
Company Code |
UNS |
US00 |
Posting Date |
Today's date |
|
Journal Entry date |
Today's date |
|
Journal Entry Type |
Billing Doc. Transfer |
RV |
Period |
Current Month |
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G/L Account |
100000 |
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Amount |
12000 |
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Currency |
USD |
Deliverable: Fulfillment |
6. Insert a screenshot of your Journal Entry |
Screenshot: |
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Note: |
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Deliverable: Fulfillment |
7. Insert a screenshot of your Process Flow |
Screenshot: |
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Note: |
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Marking Criteria |
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Marking criteria |
Weighting in Total Grades |
1. Insert a screenshot of your Purchase Order |
4% |
2. Insert a screenshot of your Process Flow |
4% |
3. Insert a screenshot of your Post Outgoing Payments |
6% |
4. Insert a screenshot of your Inquiry |
4% |
5. Insert a screenshot of your Sales Order |
4% |
6. Insert a screenshot of your Journal Entry |
4% |
7. Insert a screenshot of your Process Flow |
4% |
TOTAL Weight |
30% |
Academic Integrity
Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity is integral to maintaining academic quality and the reputation of Holmes' graduates. Accordingly, all assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six categories of Academic Integrity breaches. If you have any questions about Academic Integrity issues related to your assessment tasks, please consult your lecturer or tutor for relevant referencing guidelines and support resources. Many of these resources can also be found through the Study Sills link on Blackboard.
Academic Integrity breaches are a serious offence punishable by penalties that may range from deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of course enrolment.
Table 1: Six categories of Academic Integrity breaches
Plagiarism |
Reproducing the work of someone else without attribution. When a student submits their own work on multiple occasions this is known as self-plagiarism. |
Collusion |
Working with one or more other individuals to complete an assignment, in a way that is not authorised. |
Copying |
Reproducing and submitting the work of another student, with or without their knowledge. If a student fails to take reasonable precautions to prevent their own original work from being copied, this may also be considered an offence. |
Impersonation |
Falsely presenting oneself, or engaging someone else to present as oneself, in an in-person examination. |
Contract cheating |
Contracting a third party to complete an assessment task, generally in exchange for money or other manner of payment. |
Data fabrication and falsification |
Manipulating or inventing data with the intent of supporting false conclusions, including manipulating images. |
Source: INQAAHE, 2020
Marking Rubric |
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Excellent |
Very Good |
Good |
Satisfactory |
Unsatisfactory |
|
(80-100%) |
(70-79%) |
(60-69%) |
(50-59%) |
(0-49%) |
|
Insert a screenshot of your Purchase Order [4 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
Insert a screenshot of your Process Flow [4 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
Insert a screenshot of your Post Outgoing Payments [6 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
Insert a screenshot of your Inquiry [4 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
Insert a screenshot of your Sales Order [4 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
Insert a screenshot of your Journal Entry [4 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
Insert a screenshot of your Process Flow [4 Marks] |
All the steps are followed properly, and all the screenshots are pasted according to the given instructions. |
Almost all the steps are followed, and almost all the screenshots are pasted according to the given instructions. |
Most of the steps are followed, and the relevant screenshots are pasted according to the given instructions. |
Some steps are followed, and some relevant screenshots are pasted according to the given instructions. |
Most of the steps are not followed properly. However, some relevant screenshots are pasted. |
