SAP FI/CO (Finance and Controlling)

sap fico

 SAP FI/CO(Finance and Controlling ) Content

Course Duration: 40 Hours (Online Live & Interactive  Sessions)

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 I.  Introduction to SAP R/3

  1. Introduction to ERP, Advantages of SAP over other ERP Packages
  2. Introduction to SAP R/3 FICO
  3. introduction to G/L (NEW G/L), A/R, A/P, AA.

II.  Financial Accounting Basic Settings:

  1. Set Countries and Currencies.
  2. Create Calendar
  3. Creation and assignment of company and company code
  4. Creation of business area`
  5. Defining and assignment of fiscal year variant
  6. Defining and assignment of posting period variant
  7. Defining open and closing posting periods
  8. Defining document type & number ranges
  9. Define Posting Keys.
  10. Maintenance and assignment of field status variants
  11. Defining and assignment of tolerance groups of employees
  12. Creation of chart of Accounts
  13. Defining Accounts Groups
  14. Defining Retained Earnings Account.
  15. Defining tolerance groups for G/L accounts.

III.    General Ledger Accounting:

  1. Creation of General Ledger Master (with and without reference)
  2. Display/Change/Block/Unblock of general ledger master
  3. Creation of Account assignment model and posting
  4. Creation of Sample Document and posting
  5. Validations and Substitutions
  6. Parallel Currencies

IV. Bank Configuration.

  1. House Bank .
  2. Bank account interest calculation

V.  Check Management.

  1. Check payment.
  2. Manual check payment.
  3. Check registrar.
  4. Check lot number entry

VI.   Accounts receivable:

  1. Creation of customer account groups and assignment of number ranges
  2. Creation of tolerance group for customers
  3. Creation of customer master (display/change/block/unblock of vender master)
  4. Bills Receivable.
  5. Customer Terms.
  6. Customer Discounts
  7. Credit Control Area
  8. Configuration of settings for Dunning.

VII.    Accounts Payable

  1. Creation of vendor account groups and assignment of number ranges
  2. Creation of vendor master (display/change/block/unblock of vender master)
  3. Creation of tolerance group for venders
  4. Item Interest Configuration.
  5. Bills payable.
  6. Terms of Payment.
  7. Vendor Discounts

VIII. Taxes

  1. Tax calculation procedure
  2. Tax condition types
  3. Assign country to calculation procedure
  4. Maintain tax code
  5. Allow tax codes for non taxable transactions

IX. Asset Accounting

  1. Defining chart of depreciation
  2. Defining account determination, screen layout, number ranges and asset classes.
  3. Integration with General Ledger & Posting rules.
  4. Creation of asset master and sub asset master (change/display/block/unblock).
  5. Defining Depreciation key (base, declining, multilevel, period control methods).
  6. Acquisition or purchase of assets, sale of assets.
  7. Scrapping of assets, Transfer of assets.
  8. Post Capitalization and write up.

X.  Reports.

  1. Financial statement version.

2.  General Ledger, Accounts Payable, Accounts Receivable and Assets Reports.

               CONTROLLING

XI.  Basic settings for controlling

  1. Maintain Controlling Area.
  2. Activate control indicators/ components.
  3. Defining Number ranges for Controlling Area.
  4. Maintain Planning Versions.

XII. Cost Element Accounting.

  1. Creation of Primary and Secondary Cost Elements.
  2. Creation of Cost Element Groups.
  3. primary cost element categories and  secondary cost element categories .

XIII. Cost Center Accounting

  1. Defining Cost Center Standard Hierarchy.
  2. Creation of Cost Centers and cost center groups.
  3. Planning for cost center, posting to cost centers.
  4. Repost of Costs.
  5. Overhead Calculation.
  6. Creation and Execution of Distribution Cycle.
  7. creation and execution of assessment cycles.
  8. cost center reports

XIV.  Profit Center Accounting.

  1. Basic Settings for Profit Center Accounting.
  2. Creation of Dummy Profit Centers.
  3. Maintaining versions for profit centers.
  4. Creation of profit centers and profit center groups.
  5. Creation of revenue cost elements.
  6. Automatic Assignment of Revenue elements for Profit Centers.
  7. Postings to profit centers, planning and variance reporting.

XV. CO-PA—PROFITABILITY ANALYSIS CONFIGURATION

  1. Maintain Operating concern
  2. Maintain characteristic fields
  3. Maintain value fields
  4. Assign Operating Concern to CO