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Course Details

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
  3. Financial Accounting

  4. 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
  5. 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
  6. 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
  7. 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
  8. 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
  9. 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
  10. New General ledger accounting:
    • Parallel ledgers
    • document splitting
  11. Data Migration:
    • LSMW (asset, vendor, customer and GL master data)
    • BDC (transaction data)
  12. Controlling Module

  13. 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
  14.  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
  15.  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
  16.  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
  17.  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
  18.  Accruals in Controlling:
    • Accruals with Overhead structure for bonus
  19.  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.
  20.  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
  21.  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
  22. Integration

  23.  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
  24.  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
  25.  Validations and Substitutions with sets:
    • Line item level
    • Header level
  26.  Sales Tax:
    • Input tax
    • Output tax
    • Sales tax procedure
  27.  Year-end closing and month-end closing:
    • GL balances carry forward
    • AP and AR balances carry forward
    • Special period posting