SAP FICO Training

Introduction to SAP R/3

• 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

• 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.

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 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.
• Creation of account assignment model 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
• Accrual and Deferral documents

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 check
• Creation of void reasons
• Cancellation of issued checks
• posting of purchase returns
• Configuration of automatic payment program
• Payment to vendors through APP
• Defining correspondence & party statement of accounts

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
• Generating the dunning letters
• Defining correspondence and party statement of accounts
• Bills of exchange
• Posting of sales returns

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

New General ledger accounting

• Parallel ledgers
• Document splitting
• Segments

Reports

• Financial statement version
• General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

CONTROLLING

• Basic settings for controlling
• Defining Controlling Area
• Defining Number ranges for Controlling Area
• Maintain Planning Versions

Cost element accounting

• 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

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
• 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
• Budgeting and availability control
• Maintain number ranges for budgeting
• Define tolerances for availability control
• Specification of exempt cost elements of availability control
• Maintenance of budget manager

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.

Profitability analysis

• Maintaining the operating concern
• Define profitability segment characteristics
• Assignment of controlling area to operating concern
• Activating the profitability analysis
• Define number ranges for actual postings
• Mapping of SD conditions types to COPA value fields
• Creation of reports
• Viewing the reports

Product Costing

Product cost planning

• Creation of bill materials
• Creation of activity type master records
• Planning for activity hours
• Activity type price calculation
• Creation of work center master records
• Creation of routings
• Defining cost sheet ( overhead structures)
• Assignment of cost sheet to costing variant
• Creation of cost estimate with quantity structure
• Marking
• Releasing
• Creation of cost estimate without quantity structure
• Integration

Integration of financial accounting with materials management

• 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
• Creation, display and change of material master records
• Creation of plant parameters
• Maintenance of posting periods for materials management
• Maintenance of parameters for invoice verification
• Maintenance of plant parameters for inventory management and physical inventory
• Definition of attributes for material types
• Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)
• Creation of purchase order, posting of goods receipt, invoice verification
• Goods issue for production

Integration of financial accounting with sales and distribution

• Definition of sales organization
• Definition of distribution channels
• Definition of divisions
• Assignment among various organizational units with SD
• Definition of partner functions
• Definitions of shipping point and loading points
• Definition of pricing procedures
• Determining the shipping points
• Determining the pricing procedures
• Maintenance of SD condition types
• Maintenance of condition records
• Assignment of GL accounts for sales transactions ( integration of FI with SD)
• Creation of sales order
• Initialization of stock
• Posting the delivery of goods
• Creating the sales invoice