SAP FICO stands for system application products in Data Processing in Financial and Controlling. It comprise of the following contents

FI – FINANCE Organization structure Financial accounting basic settings General ledger accounting Accounts payable Accounts receivable Asset accounting Bank accounting New general ledger accounting Integration

FI – FINANCE

• GL – General Ledger
• AP – Accounts Payable
• AR – Accounts Receivables
• AA – Asset Accounting BA – Bank Accounting

CO – CONTROLLING

• CEA – Cost Element Accounting
• CCA – Cost Center Accounting
• IO – Internal Order Accounting
• PCA – Profit Center Accounting
• PC – Product Costing
• CO-PA – Controlling Profitability Analysis

INTRODUCTION TO SAP R/3

• Introduction to ERP and SAP
• What is SAP / R/2-R/3 ARCHITECTURE
• Over view of SAP FICO

FI – FINANCE

Organization Structure

• Definition of company
• Definition of company code
• Assignment of company to company code
• Definition of business area

FINANCIAL ACCOUNTING BASIC SETTINGS

• Fiscal year variant
• Field Status variant
• Posting Period Variant
• Document type & number ranges
• Tolerance Limit

GENERAL LEDGER ACCOUNTING

• Creation of General Ledger Master
• Display/Change/Block/Unblock of general ledger master
• Document Entry posting normal postings and posting with reference
• Parked documents
• Hold documents
• Creation of Sample Document and postings with sample documents
• Defining recurring entry document and postings with recurring doc
• Reversal of individual documents, mass reversal

ACCOUNTS PAYABLE

• Creation of vendor account groups
• Creation of number ranges for vendor master records
• 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.
• Configuration of automatic payment program

ACCOUNTS RECEIVABLE

• Creation of customer account groups
• Creation of number ranges for customer master records
• Posting of customer transactions (sales invoice posting, payment posting, debit memo)
• Settings for advance payment from parties (down payment)
• Configuration of settings for dunning
• Bills of exchange

ASSET ACCOUNTING

• Defining chart of depreciation
• Defining account determination
• Integration with General Ledger & Posting rules
• Defining Depreciation key
• Definition of multilevel methods
• Creation of main asset master records
• Creation of sub asset master records
• Acquisition of fixed assets
• Sale of fixed assets
• Transfer of assets
• Scrapping of assets,
• Depreciation run
• Line item Settlement of assets under construction of capital work in progress

BANK ACCOUNTING

• Definition of House Bank
• Check lots