SAP FICO Online Training

Course Duration : 40 Hrs

SAP FICO Course Content

Introduction to SAP R/3

• Introduction to ERP,  Advantages of SAP over other ERP Packages
• Introduction to SAP R/3 FICO

Financial Accounting Basic Settings:

• Definition of  company
• Definition  of company code
• Assignment of company to company code
• Definition of business area
• Definition of fiscal year variant
• Assignment of fiscal year variant to company code
• Definition of posting period variant
• Assignment of posting period variant to company code
• Open and close posting period
• Defining document type & number ranges
• Maintenance  of 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
• Taxes on Sales & Purchases (input & output)
• Creation of chart of Accounts
• Defining Accounts Groups
• Defining Retained Earnings Account.

General Ledger Accounting:

• Creation of General Ledger Master (with and with out reference)
• Display/Change/Block/Unblock of general ledger master
• Document Entry posting normal postings and posting with reference
• Display and change of documents
• Display of GL balances
• Display GL account line items
• Parked documents
• Hold documents
• Creation of Sample Document and postings with  sample documents
• Defining recurring entry document and postings with recurring doc.
• Creation of account assignment model and posting
• Interest calculations on term loans
• Configuration of line layouts for display of GL line items
• Reversal of individual documents, mass reversal , reversal of cleared items and reversal of accrual and deferral documents
• Defining Exchange Rate types and Translation ratios
• Define Exchange rates &  posting of foreign currency transactions
• Accrual and Deferral  documents

Accounts 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)
• 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)
• Posting of partial Payment & Residual Payment
• Creation of payment terms,
• Creation of house banks and account ids.
• Creation of check lots and maintenance of check register
• display check register
• cancellation of  un issued checks
• creation of void reasons
• cancellation of issued checks
• posting of purchase returns
• Configuration of automatic payment program
• Payment to vendors through APP
• Defining correspondence & party statement of accounts

Accounts 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
• generating the dunning letters
• defining correspondence and party statement of accounts
• Bills of exchange
• posting of sales returns

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

New General ledger accounting:

• Parallel ledgers
• document splitting
• Segments.

Reports

• Financial statement version
• General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

CONTROLLING: Basic settings for controlling

• Defining Controlling Area
• Defining Number ranges for Controlling Area
• Maintain Planning Versions

Cost element accounting:

• creation of primary cost elements from  financial accounting area
• creation of primary cost elements from controlling area
• display of cost element master records
• change cost element master records
• primary cost element categories
• secondary cost element categories
• default account assignments

Cost Center Accounting

• DefiningCostCenterStandard Hierarchy
• Creation of Cost Centers and cost center groups
• display cost center master records
• change cost center master records
• creation of cost center groups
• posting to cost centers
• reposting of co line items
• Repost of Costs
• planning for cost centers
• Overhead Calculation
• creation of secondary cost element master records
• Creation and Execution of Distribution Cycle
• creation and execution of assessment cycles
• cost center reports

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
• specification of exempt cost elements fr4om availability control
• maintenance of budget manager

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.

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
• Creation of reports
• Viewing the reports

Product costing 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( over head structures)
• assignment of cost sheet to costing variant
• creation of cost estimate with quantity structure

1. marking
2. releasing
3. creation of cost estimate without quantity structure

Integration 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

Integration of financial accounting with sales and distribution:

• Definition of sale s 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