SAP FICO

SAP FICO

Introduction:
SAP Overview
ERP Products
SAP Functional Modules/Technical Modules/Techno-Functional Modules
Introduction to ERP SAP R/3 System and S/4 HANA
Over view on System Landscape
SAP FI/CO Introduction, Organizational Structures

SAP Simple Finance Basics
What is SAP Simple Finance?
Overview of SAP S/4 Hana
SAP Hana development
SAP Hana Architecture
Central finance in Simple Finance
General ledgers (G/L) and cost elements in Simple Finance
Integrated business planning finance in Simple Finance
Asset accounting in S/4 Hana Finance
Controlling in S/4 Hana Finance

SAP-FINANCE (FI): Basis Settings of SAP-FI:
A) Organization Structure (Enterprise Structure)

Define Company
Define Company Code
Assign Company Code to Company
Define Business Area
Maintain consolidation business area
Assign business area to consolidation business area
Define Credit Control Area
Assign company code to credit control area
Maintain FM Area
Assign company code to financial management area
Define Segment
B) GL Accounting Structure

Maintain Fiscal Year Variant
Assign Company Code to Fiscal Year
Define Posting Periods
Assign Posting Periods to Company Code
Open and Close Posting Periods
Define Field Status Group
Assign Company Code to Field Status Group
Enter Global Parameters
GL Masters (SAP-FI_GL):
GL Postings:

1) Creation of GL Masters
2) Define Document Types and Number Ranges
3) GL Posting with Normal
4) Display Posted Documents and Ledgers
5) Types of Documents
a) Held Document
i) How to creation of held document
ii) How view held document (Report)
iii) How to delete held document
iv) How to convert held document into final document
v) Reports
b) Park Document
i) How to creation of park document
ii) How view park document (Report)
iii) How to delete park document
iv) How to convert park document into final document
v) Reports
6) Types of Reference Documents
a) Recurring Document
i) Creation of number ranges for recurring document
ii) How to create recurring document
iii) How to view recurring document (Report)
iv) How to delete recurring document
v) How to post a document by using recurring document
vi) Reports
b) Sample Document
i) Creation of number ranges for sample document
ii) How to create sample document
iii) How to view sample document (Report)
iv) How to delete sample document
v) How to post a document by using sample document
vi) Reports
7) Documents Reversals
A) Individual Reversal
B) Mass Reversal
C) Reset cleared items
8) Reports

Foreign Currency Translation And Valuation

Define Exchange Rate Types
Define Translation Ratio
Define Exchange Rates
Define Accounting Principles
Assign Accounting Principle to Ledger Groups
Define Valuation Methods
Define Valuation Areas
Assign Valuation Areas and Accounting Principles
Creations of GL Accounts
Prepare Automatic Postings for Foreign Currency Valuation
Assign Exchange rate type to Document Type(SA)
FC Loan Receipt
Month End Enter Exchange Rates
Foreign Currency Valuation (New) for Month End
Year End Enter Exchange Rates
Foreign Currency Valuation (New) for Year End
Reports
Account Payable (SAP-FI_AP):

1.1) Basic Settings for Accounts Payables:

Define Vendor Accounts groups (With Screen Layout)
Define Number Ranges for Vendor Accounts Group
Assign Number Ranges for Vendor Accounts Group
Define Tolerances Group for Vendors
Creation of Vendor Masters
Define Number Ranges for Vendor Posting
Purchases Invoice posting
Outgoing Payment:
Standard Payment
Partial Payment
Residual Payment
Display of Vendor Accounts
1.2) Down Payment Made_ Vendors (Special GL Transactions)

Creation of GL Accounts (Special GL Account)
Link between the Reconciliation Account and Special GL Account
Down payment Made to Vendor
Purchases Invoice / Inventory Invoice
Transfer Advance Amount From Special GL A/C to Reconciliation A/C
Zero Balance Open Item Clearing belongs to Vendors
REPORTS
1.3) Bank Accounting:

Define House Bank and Bank Accounts
Creation of Check Lot with Number Ranges
Manual Check Updating
Check Register
Check Encashment
Cancellation of Checks:
Unused Checks Cancellation
Issued Checks Cancellation
Cancel Payment
Reports
1.4) Automatic Payment Program (APP)

Set Up All Company Codes for Payment Transactions
Set Up Paying Company Codes for Payment Transactions
Set Up Payment Methods per Country for Payment Transactions
Set Up Payment Methods per Company Code for Payment Transactions
Set Up Bank Determination for Payment Transactions
Manual APP (1:1)
Automatic APP (1:N)
REPORTS
1.5) Terms of Payments (OR) Payment Terms _ Vendors

Maintain Payment Terms
Creation of GL Accounts
Define Accounts for Cash Discount Taken
Assign Payment Terms to Vendor Master Data
Purchase Invoice Posting / Inventory Invoice Posting
Outgoing Payment for Vendor
REPORTS
1.6) Credit Memo for Vendors

Account Receivables (SAP-FI_AR):

1.1) Basic Settings for Accounts Receivables:

Define Customer Accounts groups (With Screen Layout)
Define Number Ranges for Customer Accounts Group
Assign Number Ranges for Customer Accounts Group
Define Tolerances Group for Customers
Creation of Customer Masters
Define Number Ranges for Customer Posting
Sales Invoice posting
Incoming Payment:
Standard Payment
Partial Payment
Residual Payment
Display of Customer Accounts
1.2) Down Payment Receipt _ Customers (Special GL Transactions)

Creation of GL Accounts (Special GL Account)
Link between the Reconciliation Account and Special GL Account
Down payment Receipt From Customers
Sales Invoice Posting
Transfer Advance Amount From Special GL A/C to Reconciliation A/C
Zero Balance Open Item Clearing belongs to Customers
1.4) Interest Calculation:
1.4.1) Balance Interest Calculation

Define Interest Calculation Types for balance interest calculation
Prepare Account Balance Interest Calculation
Define Reference Interest Rates for balance interest calculation
Define Time-Dependent Terms for balance interest calculation
Enter Interest Values for balance interest calculation
Creation of GL Accounts for balance interest calculation
Prepare G/L Account Balance Interest Calculation
Loan Receipt Entry
Balance Interest Calculation for the first month
Reports
1.4.2) Item Interest Calculation

Define Interest Calculation Types for Item Interest Calculation
Define Number Ranges for Item Interest Calculation Forms
Prepare Item Interest Calculation
Define Reference Interest Rates for Item Interest Calculation
Define Time-Dependent Terms for Item Interest Calculation
Enter Interest Values for Item Interest Calculation
Creation of GL Accounts for Item Interest Calculation
A/R: Calculation of Interest on Arrears
Assign Item Interest Codes to Customer Master Data
Sales Invoice posting
Item Interest Calculation
Reports
1.5) Dunning

Define Dunning Areas
Define Dunning Procedures _ Dunning Levels= 9 (8+1)
Assign Dunning Procedure to Customer Master Data
Sales Invoice Posting
Reports
Dunning Notice
1.6) Credit Memo for Customers
1.7) Terms of Payments (OR) Payment Terms _ Customers

Maintain Payment Terms
Creation of GL Accounts
Define Accounts for Cash Discount Allowed
Assign Payment Terms to Customer Master Data
Sales Invoice Posting
Incoming Payment for Vendor
Reports
Asset Accounting (SAP-FI_AA):

Copy and Modify Chart of Depreciation
Define 0% Tax Codes
Assign Tax Codes to Non-Taxable Acquisitions
Assign Chart of Depreciation to Company Code
Specify Account Determination
Create Screen Layout
Create Number Ranges Intervals for Asset Master Data
Define Asset Classes
Creation of GL Accounts for Asset Masters
Integration of Asset Master to GL Accounts
Specify Intervals and Posting Rules
Specify Rounding of Net Book Value and/or Depreciation
Define Base Methods
Define Declining-Balance Methods
Define Multi-Level Methods
Maintain Period Control Methods
Maintain Depreciation Key
Determine Depreciation Areas in the Asset Class
Define Screen Layout for Asset Master Data
Define Screen Layout for Asset Depreciation Areas
Define Document Types and No.Ranges for Asset Masters
Creation of Main Asset Master Data with reference to Asset Class
Creation of Sub-Asset Master Data with reference to Main Asset
External Acquisition of Asset with Vendors
Depreciation Posting
Sale of Asset
Transfer of Asset
Display Asset Balances
Asset Explorer/ Asset History
Reports
CIN-(COUNTRY INDIA VERSION) /GOODS AND SEVICES TAX(GST):
SAP-CONTROLLING (CO):

1) General Controlling:

Maintain Controlling Area
Activate Components for Controlling Area
Assignment of Company Code to Controlling Area
Maintain Number Ranges for Controlling Area Documents
Maintain Versions and Settings for Fiscal Year
2) Cost Element Accounting (SAP-CO_CEA):

Creation of Primary and Secondary Cost Elements
Manual Creation of Cost Elements
Automatic Creation of Cost Elements
Define Cost Element Categories
Define Cost Element Groups
3) Cost Center Accounting (SAP-CO_CCA):

Activate Cost Center Accounting in Controlling Area
Define Standard Hierarchy for Cost Center
Define Cost Center Categories
Define Cost Center Groups
Creation of Cost Centers
Planning Cost Center wise at SAP _ CO Level
Actual Cost Posting at SAP _ FI Level
Repost of Cost at SAP _ CO Level
SAP _ F I_ Reports
SAP _ CO _ Reports
4) Statistical key figures

Create statistical key figures
Maintain statistical key figures
5) Assessment and distribution

Creation of assessment cycle
Execution of assessment cycle
6) Budgeting and availability control

Maintain number ranges for budgeting
Define tolerance limits for availability control
Maintain budget manager
Budget order wise
End-user activities
7) Internal Orders (SAP-CO_IO):

Activate Order Management in Controlling Area
Maintain Budget and planning Profiles
Define Order Types
Number Ranges for Orders
Creation of Real and Statistical Orders
Planning Internal Order wise
Actual costing posting at SAP _ FI level
SAP _ F I_ Reports
SAP _ CO _ Reports
8) Real orders:

Creation of field status for Ro
Creation of Gl master
Creation of secondary cost element
Maintain allocation structure
Maintain settlement profile
Creation of order types
End user activities
9) Profit Center Accounting (SAP-CO_PCA):

Set Controlling Area
Maintain Standard Hierarchy
Maintain Controlling Area Settings
Create Dummy Profit Centre
Set Control Parameters for Actual Data
Maintain Plan Versions
Define Profit Centre
Assign Profit Centre to Cost Centers
Creation of Revenue Elements (SAP_FI)
Define Number Ranges for Local Documents
Maintain Automatic Account Assignment of Revenue Element
Choose Additional Balance Sheet and P&L Accounts 3KEH
Define Account Groups (Balance sheet Statement, Profit & Loss Statement)
Planning Profit Centre wise for Account Groups ( Balance Sheet Statement, Profit & Loss Statement)
Posting of a Transaction to Profit Centers at SAP _ FI Level
Reports SAP _ FI
Reports SAP _ CO
10) Profitability Analysis (SAP-CO_PA):

Maintain Operating Concern
Maintain Value Fields
Define Profitability Segment
Define Derivation Rules
Setting for Data Flow from SD
Setting for Data Flow from FI and MM
Display Reports in CO-PA
11) Over view about Product Cost:

Define Cost Sheet for Overhead Calculation
Define Cost Component Structure
Define Transfer Structure
Maintain Material Cost Estimate with Quantity Structure
Check Variance Variant
Calculate Variance for Order
Number Ranges for Variance Documents and Settlement Documents
Define Material Master
Define Plant
NEW GENERAL LEDGER ACCOUNTING:

Segment Reporting
Parallel currencies
Document splitting
Parallel accounting
CROSS COMPANY CODES MAINTANANCE

Creation of clearing accounts
Defining cross company code settings
End-user activities
VALIDATIONS

Creation of validation rules
Testing of validations
INTEGRATION:

1.1) SAP-FI/CO Integration with SAP-MM (Material Management)
1.2) SAP-FI/CO Integration with SAP-SD (Sales Distribution)

REAL TIME CONCEPTS

1.1) Month End Closing Activities
a) Recurring document Posting
b) Accrual Entries Posting
c) Depreciation Posting
d) Interest Calculation
e) Closing Old Period
f) Open New Period

1.2) Year End Closing Activities
a) Creation of New Fiscal Year
b) Carry Forward the Balances: I. Vendor Balances ii. Customer Balances iii. Asset Closing Balances iv. GL Account Balances

1.3) Standard Reports (like Trail Balance, Profit & Loss Account, Balance Sheet, Etc….,)

1.4) How will extract the data from SAP to MS Excel (For MIS Reporting Purpose)

ACTIVATE (PROJECT) METHODOLOGY:

Discover
2. Prepare
3. Explore
4. Realize
5. Deploy
6. Run

Legacy System Migration Workbench (LSMW)
Real-time incidents and solutions.
Knowledge on tables and enchantments to create functional specifications.

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