SAP FINANCE AND CONTROLLING

SAP FICO COURSE CONTENT

INTRODUCTION

• ERP Concepts
• Role of SAP Consultant
• Why SAP is in demand?
• Finance Overview: Transaction, Accounts and Accounting.

GENERAL SETTINGS

• Define Company, Company Code, Credit Control Area, Business Area, Chart of Accounts and Fiscal Year. Assign Company Code to Company, Chart of Accounts and Fiscal Year, Create Tax Procedure and Attach to the Country

POSTING PERIOD

• Define Posting Period Variant
• Assign Posting Period Variant to company code
• Define Open and Close Posting periods

DOCUMENT

• Define Document Types and Number Ranges

ACCOUNT GROUP AND RETAINED EARNING ACCOUNT

• Define Account Group and Retained Earning Account

FIELD STATUS VARIANT:

• Maintain Field Status Variant
• Assign Field Status Variant to Company Code

TOLERANCE GROUP

• Tolerance Group for GL Accounts
• Tolerance Group for Employees
• Assigning Users to Tolerance Groups

OTHER BASIC STEPS

• Enable Fiscal Year Default
• Enable Default Value Date
• Check Company Code settings in Global parameters

GENERAL LEDGER ACCOUNTING (NEW)

• Creating a Chart ofAccounts
• Types of Chart of Accounts
• Assigning Company code to Chart ofAccounts
• Defining AccountGroup
• Defining Retained EarningAccounts
• Edit/Create G/L Master Data
• Blocking/Unblocking of an GL Account
• Changing of GL Master
• Display Changes/What Changes/how it was done
• Commonly used Business Transactions

REFERENCE DOCUMENTS

• Sample document
• Recurring Entries

REVERSAL OF DOCUMENT

• Normal Reversal/Individual Reversal
• Mass Reversal
• Reversal of the Reversal

OPEN ITEM MANAGEMENT

• Full Clearing
• Partial Clearing
• Residual Clearing

ACCOUNTS RECEIVABLE (AR)

• Account Group Creation
• Field Status
• Customer Number Ranges
• Assigning Number Range to Account Group
• Tolerance Group for Customers
• GL Accounts and Customer Master Creations
• Document Types and No. Ranges
• Down payment
• Commonly used Business Transactions

ACCOUNTS PAYABLE (Ap)

• Account Group Creation
• Field Status
• Customer Number Ranges
• Assigning Number Range to Account Group
• Tolerance Group for Customers
• GL Accounts and Customer Master Creations
• Document Types and No. Ranges
• Down payment
• Commonly used Business Transactions

BANK ACCOUNTING

• Manual Bank Statement
• Electronic Bank Statement
• Cash Journal
• Bank Reconciliation Statement

ASSET ACCOUNTING

• Chart of Depreciation
• Account Determination
• Screen Layout
• Asset Master Creation
• Asset Class
• Depreciation Keys
• Creation of Asset master Data
• Acquisition of Asset
• Asset Sale
• Scrapping of an Asset
• Transfer of Asset
• Commonly used Business Transactions

CONTROLLING

• Defining Controlling Area
• Defining Number Ranges for Controlling Documents
• Maintain Versions

COST ELEMENT ACCOUNTING

• Creating Cost Element Groups
• Manual Creation of Primary and Secondary Cost Elements
• Automatic Creation of Primary and Secondary Cost Elements

COST CENTER ACCOUNTING

• Creating Cost Center Hierarchy Key
• Creating Cost Center Groups
• Creating Cost Centers
• Manual Repost Line Items

INTERNAL ORDERS

• Creating Order Types
• Creating Number Ranges
• Creating Internal Orders
• Settlement of Internal orders

PROFIT CENTER ACCOUNTING

• Creating Profit Center Hierarchy
• Creating Profit Center Groups
• Creating Dummy Profit Center
• Creating Profit Centers

Integration

• FI - MM & FI - SD

TAX ON SALES/PURCHASES