SAP FICO

SAP FICO stands for A (financial accounting) & CO (controlling). SAP FICO is an important module of ERP, & both the FI& CO modules store financial transaction data.

SAP FICO training materials teach you in an easy method with screen shots, step by step. The SAP FICO module is very robust and covers almost all business processes encountered in various industries.

It is one of the most important and widely implemented modules in SAP. The course is designed for SAP beginners and SAP professionals so that you can configure and implement SAP FICO step by step.

                                          SAP FICO MODULE Syllabus

SAP FI-BASICS

• What is SAP?
• What is ERP?
• What is SAP FICO?
• Accounting Entries in SAP

SAP FI-Organization Structure

• Define Company
• Define the company code.
• Create new companies by copying existing company code
• Assign a company code to Company
• Define the business area.
• Define Functional Area
• Define Credit Control
• Assign the company code to Credit Control
• Define Segments
• Define Financial Management Area Enterprise Structure Transaction Codes

SAP FI-FINANCIAL ACCOUNTING GLOBAL SETTINGS

• Activate new General Ledger Accounting
• Maintain Fiscal Year Variant
• Assign the Company Code to the Fiscal Year Variant.
• Define variants for Open Posting Periods
• Open and Close Posting Periods
• Assign Posting Period Variant to Company Code
• Define Field Status variables
• Assign Company Code to Field Status variables
• Define Posting Keys
• Define Document Types
• Define Document Number Ranges
• Define a tolerance group for Employees Define the tolerance group for G/L accounts.
• Assign Users to the tolerance group.
• Global Parameters for Company Code
• Define Additional Local Currencies for Company code

SAP FI-GENERAL LEDGER

• Define Chart of Accounts
• Assign Company Code to Chart of Accounts
• Define Account Groups
• Define Retained Earnings Account
• Define sample account rule types

SAP FI-GENERAL LEDGER-II

• Define Chart of Accounts
• Assign Company Code to Chart of Accounts
• Define Account Groups
• Define Retained Earnings Account
• Define sample account rule types Define data transfer rules
• Assign company code to rule type
• Create Sample Account
• Create General Ledger Account
• Accounting Entries in SAP
• Define Financial Statement Versions

SAP FI-ACCOUNTS PAYABLE:

• Create Vendor Account Groups
• Create Number Ranges for Vendor Accounts Assign the number ranges to Vendor account groups
• Create Sundry Creditors Account
• Define Tolerances Group for Vendors
• Vendor Payment Terms
• Create Vendor Master Data
• Automatic Payment Program

SAPFI-ACCOUNTS RECEIVABLE:-

• Create Customer Account Groups
• Create Number Ranges for Customer Accounts
• Assign Number Ranges to Customer Account groups
• Define Tolerances Group for Customer
• Customer Payment Terms: Create Customer Master Record
• Dunning procedure configuration

BANK ACCOUNTING

• Create bank key
• Define House bank
• Global Settings for Electronic Bank Statement

SAP FI-ASSET ACCOUNTING

• Chart of Depreciation
• Assign Chart of Depreciation to Company Code
• Specify Account Determination
• Create Screen Layout Rules
• Maintain asset number ranges
• Define Asset Classes
• Determine Depreciation area in the Asset Class
• Assignment of General Ledger Accounts
• Define the screen layout for Asset master data

SAP FI-ASSET ACCOUNTING-II

• Define Asset Classes
• Determine Depreciation area in the Asset Class
• Assignment of General Ledger Accounts
• Define the screen layout for Asset master data
• Define the screen layout for Asset Depreciation Areas
• Maintain Depreciation key

INVESTMENT MANAGEMENT

• Define investment program types
• Assign program types to operative objects
• Define Investment Profiles
• Define Investment Plan Profiles
• Define budget profile
• Define Budget Categories

TAX CONFIGURATION

• Tax calculation procedure
• Tax condition types
• Assign country to the calculation procedure
• Jurisdiction code structure
• Maintain Tax code
• Allow tax codes for non-taxable transactions

SAP FICO: GST Configuration

• GST Calculation procedure
• Assign country to GST tax calculation procedure
• Define access sequence
• Define condition types for GST
• Define account keys in SAP for GST

                     REPORTS

• Important Reports in SAP FI
• Important Tables in Controlling Module
• Handle Cost Center and Profit Center in SAP
• Financial statement version
• GL Reports
• Accounts payable reports
• Accounts receivable reports
• Assets