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