Course Outline for SAP-FICO

SAP Financial Accounting and Controlling (FICO) Course Contents

Goal:

SAP FICO Functional Basics, Financial accounting

Prepares for:

• Explain the architecture of the SAP Financials component
• Configure and use new functionalities in SAP FICO
• Explain the SAP Financial Accounting and Controlling Configuration and Customization option.
• Explain the SAP FICO End user Transactions and SAP Month end and year end reports.

Pre-requisites:

Personal having Process Experience in Finance Management , Any Graduate working Professionals, Students.

Audience:

SAP End users, Accountants , Finance Managers

Duration:

60 hours

Course Content

SAP FICO Course Content

1. ERP Introduction
   • What is ERP and Introduction on ERP?
   • ERP Vendors
2. SAP Introduction
   • What is SAP and Introduction on SAP?
   • SAP Landscape
   • Transport Management
   • 3-tier Architecture
   • SAP Logon

Financial Accounting

3. Basic Settings of FI
   • Definition of company
   • Definition of company code
   • Assignment of company to company code
   • Definition of business area
   • Define chart of accounts
   • Assign chart of accounts to company code
   • Define account groups
   • Define Retained earnings account
   • Define Fiscal year variant and shortend fiscal year
   • Assign fiscal year variant to company code
   • Define field status variants
   • Assignment of field status variant to company code
   • Definition of tolerance groups for GL accounts
   • Definition of tolerance groups for employees
   • Assignment of tolerance groups to users
   • Define document types
   • Define posting period variant
   • Assign posting period variant to company code
   • Open/close posting period variant
   • Global parameters
   • Organization structure in EC01
   • Sort key configuration in OB16
4. General Ledger Accounting
• Creation of General Ledger Master (with and without reference)
• Display/Change/Block/Unblock of general ledger master
• Document Entry posting and posting with reference
• Display and change of documents, editable fields, editable options
• Display of GL balances report
• Display GL account line items report
• Parked documents
• Hold documents
• Creation of Sample Document and postings with sample documents
• Handling prepaid expenses (prepaid insurance) with recurring documents
• Changing line layouts for display of GL line items, variant creation, dynamic selections
• Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual documents
• Defining Exchange Rate types and Translation
• Foreign currency revaluation for open items (F-07) and balances FAGL_FC_VAL, Posting Realized gains/losses on open items
• Interest calculations on term loans
• Accrual and Deferral documents
• Types of clearing – standard, partial, residual
• GL tolerances
• Account clearing F-03 and posting with clearing F-07 differences
• GL master data, transaction data, open item and cleared item tables
5. Account Payable:
• Creation of vendor account groups
• Creation of number ranges for vendor master records
• Assignment of number ranges to vendor account groups
• Creation of tolerance group for venders
• Creation of vendor master (display/change/block/unblock of vender master), sensitive fields in master data and confirmation FK08
• Posting of vendor transactions (invoice posting, payment posting, credit memo)
• Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
• Vendor tolerances gain/loss postings
• Creation of payment terms and cash discounts
• Automatic payment program configuration with SEPA format
• Bank master data and house banks
• F110 execution – main bank posting from F110 and bank clearing account posting from F110 and related tables
• DME files creation in xml and txt format and understanding DME structure in DMEE
• Payment advice generation, payment summary generation
• Reversal of payment documents
• Vendor clearing – standard, partial and residual
• Check payment method and creating checks manually F-58 and automatically and printing
• Creation of check lots and maintenance of check register
• Check encashment dates
• Cancellation of unissued checks and issued checks
• Creation of void reasons
• Issued check cancellation
• Deleting manual checks and voided checks
• Account clearing and posting with clearing on vendor
• Real-time scenarios on APP
• Intercompany payments – manual and automatic
• Tables and reports in AP and APP
• ACH/Direct debit
• Payment order
• Foreign currency revaluation on vendor and differences between realized and unrealized gain/loss
6. Account Receivable:
• Creation of customer account groups
• creation of number ranges for customer master records
• assignment of number ranges for customer account groups
• Creation of tolerance group for customers
• Creation of customer master (display/change/block/unblock of vender master)
• Posting of customer transactions (sales invoice posting, payment posting, debit memo)
• Settings for advance payment from parties (down payment)
• Configuration of settings for dunning and dunning letters
• cash discounts
• APP configuration for customers
• customer clearing – standard, partial and residual
• Tables and reports
• Customer line item interest calculation
• Account clearing and posting with clearing
• Customer tolerances
7. Bank Accounting:
   • Electronic bank statement (EBS): Configuration and execution MT940
   • EBS – Bank charges and Bank interest postings with search string
   • Auto Lockbox: Configuration and execution
   • SAP query
   • Cash journal
8. Asset Accounting:
   • Defining chart of depreciation
   • creation of 0% tax codes for sales and purchased
   • assignment of chart of depreciation to company code
   • Defining account determination
   • definition of screen lay out rules
   • definition of number ranges for asset classes
   • Integration with General Ledger & Posting rules
   • Defining Depreciation key
   • definition of multilevel methods
   • definition of period control methods
   • creation of main asset master records
   • creation of sub asset master records
   • Acquisition of fixed assets
   • sale of fixed assets
   • transfer of assets
   • Scrapping of assets
   • Depreciation run
   • Line item Settlement of assets under construction of capital work in progress
   • Year-end activities
   • Asset mass changes
   • Tables and reports
   • Asset history report, Asset explorer and Asset documents
   • Asset impairment/revaluation
   • Master data and transaction data tables
   • Asset shut down
   • Manual depreciation
   • Unplanned depreciation/missed depreciation
9. New General ledger accounting:
   • Parallel ledgers
   • document splitting
10. Data Migration:
    • LSMW (asset, vendor, customer and GL master data)
    • BDC (transaction data)

Controlling Module

11. Basic Settings of CO:
    • Maintain Controlling Area
    • Maintain Number Range
    • Maintain a Version
    • Create Primary Cost Element
    • Create Secondary Cost Element
    • Create Cost Element Group
12.  Cost Element Accounting:
    • creation of primary cost elements from FI and CO
    • Manual and automatic creation of cost elements
    • display of cost element master records
    • change cost element master records
    • primary cost element categories
    • secondary cost element categories
    • default account assignments
13.  Cost Center Accounting:
    • Creation of Cost Centers and cost center groups
    • Display, change cost center master records
    • creation of cost center groups
    • Actual posting to cost centers
    • reposting of co line items
    • Cost center hierarchy
    • planning for cost centers
    • Actual and variance reports
14.  Period – end activities:
    • Statistical Key figure
    • Creation and execution of Distribution Cycle with/without SKF
    • Creation and execution of Assessment cycles with/without SKF
    • Creation and execution of Actual periodic reposting
15.  Internal Orders:
    • Defining order types
    • Creation of internal order master records
    • display internal order master records
    • change internal order master records
    • postings to internal orders
    • planning for internal orders
    • reposting co line items for internal orders
    • repost of costs for internal orders
    • Report of Variance analysis for internal orders
    • creation of real internal orders
    • posting of business transaction to real orders
    • definition of allocation structures
    • definition of settlement profiles
    • definition of planning profiles
    • settlement of real internal orders
    • budgeting and availability control
    • maintain number ranges for budgeting
    • define tolerances for availability control
    • Budget manager
    • SAP business workplace
16.  Accruals in Controlling:
    • Accruals with Overhead structure for bonus
17.  Profit Center Accounting:
    • Basic Settings for Profit Center Accounting
    • Creation of Dummy Profit Centers
    • maintenance of control parameters for actual postings
    • Maintaining planning versions for profit centers
    • maintaining the number ranges for profit center documents
    • Creation of profit center master records
    • display of profit center master records
    • changing the profit center master records
    • Creation of revenue cost elements
    • Automatic Assignment of Revenue elements for Profit Centers
    • assignment of profit centers in cost center master records
    • creation of account groups in profit center accounting for planning
    • planning for profit and loss account items
    • planning for balance sheet items
    • posting of transactions into profit centers
    • generating the variance reports for profit and loss account items
    • Generating the variance reports for balance sheet items.
18.  Profitability analysis:
    • Maintaining the operating concern
    • Define profitability segment characteristics
    • Assignment of controlling area to operating concern
    • Activating the profitability analysis
    • Define number ranges for actual postings
    • Mapping of SD conditions types to COPA value fields
    • Report painter - Creation and execution of reports IN CoPA
    • PA transfer structure
    • CoPA document generation from FI
19.  Product cost planning:
    • creation of bill materials
    • creation of activity type master records
    • planning for activity hours
    • activity type price calculation
    • creation of work center master records
    • creation of routings
    • defining cost sheet (overhead structures)
    • assignment of cost sheet to costing variant
    • creation of cost estimate with quantity structure
    • marking
    • releasing
    • creation of cost estimate with quantity structure
    • creation of cost estimate without quantity structure

Integration

20.  Integration of financial accounting with materials management:
    • Definition of organizational units in materials management i.e. plant, storage location and purchase organization
    • Assignment of organizational units to each other
    • Definition of tolerance groups for purchase orders
    • Definition of tolerance groups for goods receipt
    • Definition of tolerance groups for invoice verification
    • Definition of vendor specific tolerances
    • Creation, display and change of material master records
    • Creation of plant parameters
    • Maintenance of posting periods for materials management
    • Maintenance of parameters for invoice verification
    • Maintenance of plant parameters for inventory management and physical inventory
    • Definition of attributes for material types
    • Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)
    • Creation of purchase order, posting of goods receipt, invoice verification and Goods issue for production with planned freight FRA2 and unplanned delivery costs and discounts
    • Price control – standard and moving average with postings
    • Price differences posting to PRD
    • GR/IR clearing from F.13 with automatic clearing (automatic clearing criteria OB74)
    • Stock report MB5B
    • Invoice reversal MR8M
    • MM Pricing procedure
21.  Integration of financial accounting with sales and distribution:
    • Definition of sales organization
    • definition of distribution channels
    • definition of divisions
    • assignment among various organizational units in SD
    • definition of partner functions
    • definitions of shipping point and loading points
    • definition of pricing procedures
    • determining the shipping points
    • determining the pricing procedures
    • maintenance of SD condition types
    • maintenance of condition records
    • assignment of GL accounts for sales transactions (integration of FI with SD)
    • creation of sales order
    • initialization of stock
    • posting the delivery of goods
    • creating the sales invoice.
    • SD pricing procedure Discounts K007
22.  Validations and Substitutions with sets:
    • Line item level
    • Header level
23.  Sales Tax:
    • Input tax
    • Output tax
    • Sales tax procedure
24.  Year-end closing and month-end closing:
    • GL balances carry forward
    • AP and AR balances carry forward
    • Special period posting