SAP FICO (Financial Accounting) Training

Introduction to SAP and FICO

• SAP R/3 Architecture
• ASAP Methodology

SAP FICO: Basic Settings

• Creation of company
• Company code
• Assign company code to company
• Business area
• Fiscal year variant
• assign fiscal year variant to company code
• Chart of accounts
• Account groups
• Retained earnings account
• Posting period variant
• Document type and
• Field status variant
• Tolerance group
• Global parameters or Client Paramter-Posting Key, Document Type, Field Status Variant

SAP FICO: General Ledger

• GL master record
• New GL
• Posting of document
• Display balances of GL
• Parking hold sample recurring accrual deferral documents
• Foreign exchange
• Reversal of documents
• Interest calculation
• Credit management

SAP FICO: Accounts Payable

• Vendor groups (MM and FI vendors)
• No. Ranges for vendor accounts
• Vendor master record
• Tolerance group for vendors
• House bank
• Correspondence
• Advance payments
• Automatic payment program
• Extended withholding tax
• Terms of payments
• Cash discount (received)
• Purchase returns

SAP FICO: Accounts Receivable

• Customer group (SD and FI customers)
• No. ranges for customers' accounts
• Customer master records
• Advance receipts
• Dunning
• Cash discount (granted)
• Input & output tax

SAP FICO: Asset Accounting

• Chart of deprication
• Account determination
• Screen layout
• Asset classes
• Integration with FI
• Deprication
• Deprication keys
• Asset master
• Sub asset master
• Asset report
• Deprication run
• Sale of asset
• Transfer of asset
• Scrapping of asset
• Capital work in progress

SAP FICO: Controlling

• Controlling area
• No. ranges for controlling documents
• Versions
• Cost element accounting
• Cost center accounting
• Internal Order Accounting
• Profit Center Accounting
• Repost line items
• Repost of cost
• Actual overhead assessment
• Planning cost center and cost element
• Budgeting

Integration with Other SAP Modules

• Integration with MM
• Sales process
• Integration with SD
• Integration with asset accounting
• Integration with controlling
• Integration with PP

SAP FICO: Financial Statement Version

• GL reports accounts payable reports
• Accounts receivable reports
• Assets
• Cash book reports