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:

• Creation and assignment of company and company code
• Creation of business area
• Defining and assignment of fiscal year variant
• Defining and assignment of posting period variant
• Defining open and closing posting periods
• Defining document type & number ranges
• Maintenance and assignment of field status variants
• Defining and assignment of tolerance groups of employees
• Taxes on Sales & Purchases (input & output)
• Creation of chart of Accounts
• Defining Accounts Groups
• Defining Retained Earnings Account.
• Defining tolerance groups for G/I accounts

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 posting with reference
• Display and change of documents
• Display of GL balances and Line items
• Parked documents & hold documents
• Creation of Sample Document and posting
• Defining recurring entry document and posting
• 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
•  Interest calculations on term loans

Accounts Payable

• Creation of vendor account groups and assignment of number ranges
• 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
• Configuration of automatic payment program
• Payment to vendors through APP
• Un-issued & issued checks cancellation and reversal of issued checks.
• Defining correspondence & party statement of accounts

Accounts receivable:

• Creation of customer account groups and assignment of number ranges
• 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
• Defining correspondence & party statement of accounts

Asset Accounting

• Defining chart of depreciation
• Defining account determination, screen layout, number ranges and asset classes.
• Integration with General Ledger & Posting rules
• Creation of asset master and sub asset master (change/display/block/unblock)
• Defining Depreciation key (base, declining, multilevel, period control methods)
• Acquisition or purchase of assets, sale of assets
• Scrapping of assets, Transfer of assets
• Post Capitalization and write up
• Depreciation run
• Line Settle of assets under construction of capital work in progress

REPORTS

• Financial statement version
• GL Reports
• Accounts payable reports
• Accounts receivable reports
• Assets

CONTROLLINGBasic settings for controlling

• Defining Controlling Area
• Defining Number ranges for Controlling Area
• Maintain Planning Versions
• Creation of Primary and Secondary Cost Elements
• Creation of Cost Element Groups
•  primary cost element categories and  secondary cost element categories

Cost Center Accounting

• Defining Cost Center Standard Hierarchy
• Creation of Cost Centers and cost center groups
• Planning for cost Center, posting to cost centers
• Repost of Costs
• Creation and Execution of Distribution Cycle
• Creation and execution of assessment cycles
• Cost Center reports

Internal Orders

• Defining order types
• Creation of internal orders
• Planning of internal orders
• Postings to internal order
• Report of Variance analysis

Profit Center Accounting

• Basic Settings for Profit Center Accounting
• Creation of Dummy Profit Centers
• Maintaining versions for profit centers
• Creation of profit centers and profit center groups
• Creation of revenue cost elements
• Automatic Assignment of Revenue elements for Profit Centers
• Postings to profit centers, planning and variance reporting

Integration:

• Procurement cycle
• Integration with MM
• Sales process integration with SD
• Integration with asset accounting

Blueprint workshops
Landscape

Support process flow