FIN 361 Working Capital Management

Dr. Ralph Grambo

Spring 2001

CATALOG DESCRIPTION:

The analysis of decisions that constitute the liquidity related (working capital) decisions of the firm. These include the following areas: management of the firm's liquid resources: cash, short term investments, accounts receivable and inventory, management of the firm's access to borrowing, controlling the diverse dimensions of risk, managing the information flows needed to identify performance. This course includes topics and examples of Treasury Management using Enterprise Management Systems [SAP R/3]

TEXT

Since this course contains a variety of topics the following textbook advice is given:

Basic Text - Required. Essentials of Managerial Finance, Weston Beasley Brigham, 11ed, 1996; or any other edition of this text or similar text that you can use for reference as topics appear throughout the course.

WEB sources Required A large portion of the reading assignments are found as links in this syllabus when viewed with a web browser. Students are responsible for studying these sources and knowing the contents therin.

This course is designed to cover the business procsses used by a typical firm and to show the financial management methods used to support them. The major areas of coverage this semester are:

Business Processes Affecting Corporate Liquidity
Management of Working Capital using SAP
E-commerce and its Working Capital Impacts

The methodology used in this course:

Classroom Instruction
On-line Tutorials
PC Labwork involving
- Spreadsheet Analysis
- SAP R/3 Functionality
- E-Commerce Structures
Student Projects and Demonstrations
- Enterprise System [SAP] Project
- Online Working Capital Mgt. Project
- E-Commerce Site Project

Assignment Topic	Things to Do
Introduction and Lab Shakedown
Business Processes Introduction to Internet Operations	Create Your Own Homepage Start a Page for your chosen company
Forcasting Liquidity TUFSA TUFINFOR SAP and Business Processes Introduction to SAP R/3 System Overview	Using spreadsheets for Financial Forcasting--LM1.XLS Create Your Own Homepage Logging into SAP and setting User Defaults
The Sales Process Basic Sales Sales Support Sales Order Processing Concept of Master Records	Develop your Homepage by adding graphics
Accounts Receivable Structure and Master Data EXAMPLECreating a Customer Master Record Customer Order Management Information about Posting Retrieving Account Data SD and Financial Accounting Integration Information about Posting Retrieving Account Data SD and Financial Accounting Integration Dunning	ExerciseCreating a Customer Master Record ExerciseSales order process Create Your Resume Page and link it to your Homepage
Credit ManagementCredit Management Master Data in Credit Credit control areas Automatic credit limit check blocked transactions Authorizations Account Review	Accounts Receivable and Credit Management Overview Credit Analysis Extracting Reports in Credit Analysis Credit Blocking and Release Create your business static pages
Procurement Procurement EXAMPLECreating a Material Master Record Building a Material Master Record The Procurement Process The role of B2B and E-commerce	WebBoard Topic Response ExerciseCreating a Material Master Record ExerciseProcurement process Create Your business Form Page
Cash Budgeting	LM6.XLS
Web Commerce Using Dynamic Web Pages ASP Scripting	Apply Dynamic Page Techniques to your business page
Student Projects	Debug and test your business site
Student Projects	Final SAP Assignment
Student Projects