Last Update On:23-12-2024

SAP FICO ONLINE TRAINING

COURSE CONTENT

1. BASIC SETTINGS:-

• Definition of  Company
• Definition  of Company code
• Assignment of company to company code
• Definition of business area
• Definition of fiscal year variant
• Assignment of fiscal year variant to company code
• Definition of posting period variant
• Assignment of posting period variant to company code
• Open and close posting period
• Defining document type & number ranges
• Maintenance  of field status variants
• Assignment of field status variant to company code
• Definition of tolerance groups for GL accounts
• Definition of tolerance groups for employees
• Assignment of tolerance groups   to users
• Taxes on Sales & Purchases (input & output)
• Creation of chart of Accounts
• Defining Accounts Groups
• Defining Retained Earnings Account.

1. GENERAL LEDER ACCOUNTING:-

• Creation of General Ledger Master (with and without reference)
• Display/Change/Block/Unblock of General Ledger master
• Document Entry posting normal postings and posting with reference
• Display and change of documents
• Display of GL balances
• Display GL account line items
• Parked documents
• Hold documents
• Creation of Sample Document and postings with  sample documents
• Defining recurring entry document and postings with recurring doc.
• 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
• Accrual and Deferral  documents

1. ACCOUNTS PAYABLE

• Creation of vendor account groups
• Creation of number ranges for vendor master records
• Assignment of number ranges  to vendor account groups
• 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
• Display check register
• Cancellation of  un issued checks
•  Creation of void reasons
• Cancellation of issued checks
• Posting of purchase returns                       
• Configuration of automatic payment program
• Payment to vendors through Automatic Payment Program
• Defining correspondence & party statement of accounts

1. ACCOUNTS RECEIVABLE

• Creation of customer account groups
• Creation of number ranges for customer master records
• Assignment of number ranges  for customer account groups
• 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 and party statement of accounts

1. ASSET ACCOUNTING

• Defining chart of depreciation
• Creation of 0% tax codes for sales and purchased
• Assignment of  chart of depreciation to company code
• Defining account determination
• Definition of screen lay out rules
• Definition of number ranges for asset classes
• Integration with General Ledger & Posting rules
• Defining Depreciation key
• Definition of Multilevel methods
• Definition of period control 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

1. NEW GL ACCOUNTING & REPORTS

• Parallel ledgers
• document splitting
• Segments.
• Financial statement version
• General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

1. CONTROLLING : BASIC SETTINGS

• Defining Controlling Area
• Defining Number ranges for Controlling Area
• Maintain Planning Versions
• Creation of Primary cost elements from  financial accounting area
• Creation of Primary cost elements from controlling area
• Display of cost element master records
• Change cost element master records
• Primary cost element categories
• Secondary cost element categories
• Default account assignments

1. COST CENTER ACCOUNTING

• Defining Cost Center Standard Hierarchy
• Creation of Cost Centers and cost center groups
• Display cost center master records
• Change cost center master records
• Creation of cost center groups
•  Posting to cost centers
• Reposting of co line items
• Repost of Costs
• Planning for cost centers
• Overhead Calculation
• Creation of secondary cost element master records
• Creation and Execution of Distribution Cycle
• Creation and execution of assessment cycles
• Cost center reports

1. INTERNAL ORDERS

• Defining order types
• Creation of Internal order master records
• display Internal order master records
• change Internal order master records
• postings to Internal orders
• planning for Internal orders
• reposting co line items for Internal orders
• repost of costs for Internal orders
• Report of Variance analysis for Internal orders
• creation of real Internal orders
• Defining order types
• Creation of Internal order master records
• Display Internal order master records
• Change Internal order master records
• Postings to Internal orders
• Planning for Internal orders
• Reposting CO line items for Internal orders
• Repost of costs for Internal orders
• Report of Variance analysis for Internal orders
• Creation of real Internal orders
•  Posting  of business transaction to Real Orders
• Definition of Allocation structures
• Definition of Settlement profiles
• Definition of Planning profiles
• Settlement of Real Internal orders

1. PROFIT CENTER ACCOUNTING

• Basic Settings for Profit Center Accounting
• Creation of Dummy Profit Centers
• Maintenance of control parameters for actual postings
• Maintaining planning versions for profit centers
• Maintaining the number ranges for profit center documents
• Creation of profit center master records
• Display of profit center master records
• Changing the profit center master records
• Creation of revenue cost elements
• Automatic Assignment of Revenue elements for Profit Centers
• Assignment of  profit centers in cost center master records
• Creation of account groups in profit center accounting for planning
• Planning for profit and loss account items
• Planning for balance sheet items
• Posting of transactions  into profit centers
• Generating the variance reports for profit and loss account items
• Generating the variance reports for balance sheet items.

1. INTEGRATION (FINANCIAL ACCOUNTING &  MATERIAL MANAGEMENT – FI^MM)

• Definition of Organizational units in materials management i.e. plant, storage location and purchase organization
• Assignment of organizational units to each other
• Definition of tolerance groups for purchase orders
• Definition of tolerance groups for goods receipt
• Definition of tolerance groups for invoice verification
• Definition of vendor specific tolerances