SAP FICO – Financials & Controlling

The training contents for SAP FICO are as follows:

Section – 01

1.1     Introduction to SAP R/3

1.2     SAP Products

1.3     ASAP Methodology

 Section – 02

  1. Basic Settings

2.1 Organizational Units / Enterprise Structure

2.2 Variant Principle

2.3 Fiscal Year (with Shortened Fiscal Year)

2.4 Posting Periods Variant (Open and Close Posting Periods)

2.5 Currencies 

 Section – 03

  1. Master Data

3.1 General Ledger Accounts (Master Records)

3.1.1 Operative or Company Code Chart of Accounts 

3.1.2 Group Chart of Accounts (Consolidated Financial Statements)

3.1.3 Country Chart of Accounts

3.1.4 Account Group / Field Status

3.1.5 Define Retained Earnings

3.2 Field Status Variant/Group for GL Accounts

3.3 Creation of GL Accounts (2 Segments: Chart of Account Segment and Company Code Segment)

3.4 Accounts Receivable (Master Records) – (3 Segments: General data, Company Code Segment and Sales Area Segment)

3.5 Accounts Payable (Master Records) – (3 Segments: General data, Company Code Segment and Purchasing Area Segment)

3.6 Bank (Master Data) 

 Section – 04

  1. Document Control

4.1 Document Structure

4.1.1        Header Level – Document Type, Number Ranges, Account types

4.1.2        Item Level – Posting Keys, Field Status

4.2 Simple Documents in Financial Accounting

4.2.1        G/L Document Posting, Document Display, Display/Change Line Items and Display Balances

4.2.2       Reference Documents

4.2.2.1      Account Assignment Model

 4.2.2.2     Recurring Model

4.2.2        Accounts Receivable Invoice, Document Display, Display/Change Line Items and Display Balances

4.2.3        Accounts Payable Invoice, Document Display, Display/Change Line Items and Display Balances

4.2.4        Customer/Vendor Credit Memo

4.2.5        One-time Customer/Vendor, Document Display, Display/Change Line Items and Display Balances

4.3 Posting Period Variant (End-User)

4.3.1 Materials Management View on Company Codes

4.4 Posting Authorizations

4.4.1        Definition and Assignment of Tolerance Groups to Users/Employees

4.5 Customization for Line items Layout and Screen Variant for Line Item Display and Reporting 

 Section – 05

  1. Posting Control

5.1 Default Values: Document Type and Posting Key

5.2 Document Changes

5.3 Document Change Control

5.4 Document Reversal

5.4.1        Normal Reverse Posting

5.4.2        Negative Reverse Posting

5.5 Payment Terms and Cash Discount 

 Section – 06

  1. Clearing, Exchange Rate Differences, Taxes

6.1 Post with Clearing – Incoming and Outgoing Payments (Cash Discount)

6.2 Account Clearing – Credit Memo

6.3 Exchange Rate Differences

6.4 Taxes (Input tax and Output tax)

6.5 Clearing – Payment Differences

6.6 Payment Differences – Partial Payment and Residual Items

6.7 Tolerance Groups (G/L, Customers/Vendors)

6.8 Reset Cleared Items 

 Section – 07

  1. 1    Special G/L transactions

7.1.1 Configuration of Special G/L Transactions

7.2.1 Down Payment Received

7.3.1 Down Payment Made 

7.2     Cash journal (Bank Accounting)

7.2.1 Cash Journal Configuration

7.2.2 Cash Journal Transaction 

7.3     Parking and Holding Documents

7.3.1 Basics of Document Parking Versus Hold Document

7.3.2 Parking Documents and Processing Parked Document 

7.4     Validations and Substitutions

7.4.1          Validations and Substitutions 

 Section – 08

Closing Activities

–          Month-End and Year-End Closing Processes

8.1 Automatic Payment Program (APP)

8.1.1          Payment Run – Overview

8.2.1          Payment Program Configuration

8.3.1          Running the Payment Program

8.4.1          Edit the Payment Proposal

8.5.1          Debit Balance Check

8.2 Automatic Dunning Program

8.2.1          Dunning Run – Overview

8.2.2          Dunning Program Configuration

8.2.3          The Dunning Run

8.2.4          Edit the Dunning Proposals

8.2.5          Printing Dunning Notices

8.3 Correspondence

8.3.1          Correspondence – Overview

8.3.2          Correspondence Types 

Section – 09

9.1 Standard Reports – Information System

9.1.1          Standard Reports in General Ledger Accounting, Accounts Receivable and Accounts Payable, Balance Sheet and Profit & Loss Statement

9.2 The Financial Statements

9.2.1          Financial Statement Version

  Section – 10

FI – CO (Controlling)

10.1 Introduction to Controlling

10.2 Integration between FI and CO

10.3 Cost Element Accounting

10.3.1          Primary Cost Elements and Secondary Cost Elements

10.4 Cost Centre Accounting

10.4.1          Creation of Cost Centres

10.5 Profit Centre Accounting

10.5.1          Creation of Profit Centres

10.6 Actual/Plan Data

10.6.1          Cost Elements/Activity Input Planning (Primary Cost Element)

10.6.2          Activity Type/Price Planning (Activity Type/Secondary Cost Element)

10.6.3          Actual Flow of data from FI / Variance

10.6.4          Cost Centre Reports/Profit Centre Reports

10.7 Distribution and Assessment (Month-End Closing / Year-End Closing) 

10.8 Internal Order

 Section – 11

FI – AA (Asset Accounting)

11.1 Organizational Structures

11.1.1          Chart of Depreciation

11.2.1          Account determination

11.3.1          Screen Layout rules

11.4.1          Number ranges

11.5.1          Asset Classes

11.2 Integration with the General Ledger

11.2.1          Assign G/L Accounts

11.3 Depreciation

11.3.1          Valuation Methods – Depreciation Keys

11.3.2          Valuation – Depreciation Areas

11.3.3          Determination of Depreciation Areas

11.4 .Master Data (Configuration)

11.4.1          Screen Layout for Master data and Depreciation Areas

11.4.2 Transactions and Information System

11.4.3          Transaction types to Depreciation Areas

11.4.4          Define or Assign Forms (History Sheet)

 11.5 Cost Centres/Profit Centres for Assets

11.6 Master Data and Postings

11.6.1          Asset Master Records

11.6.2          Asset Acquisition

11.6.3          Asset Retirement

11.6.4          Assets under Construction (AuC)

11.6.5          Intracompany/Intercompany Asset Transfer

11.6.6          Miscellaneous Posting (Add the Acquisition Value)

11.7 Periodic Processing

11.7.1          Depreciation Posting

11.7.2          Fiscal Year Change

11.7.3          Year-End Closing (Asset Accounting)

11.8 Information System

11.8.1          Report Selection 

 Section – 12

12.1 Year – end Closing (Foreign Currency Valuation, Accounts Payable, Accounts Receivable and General Ledger) 

 Section – 13

13.1 New General Ledger

13.1.1          Introduction

13.1.2          Ledger Definition

33.1.3          Document Splitting

33.1.4          Segment Reporting

33.1.5          Periodic Processing and Information System (New)

  Section – 14

14.1 Cross-Company Code Transactions 

 Section – 15

15.1 Integration of CO with FI (New GL)

15.2 Integration of FI with MM and SD 

  Section – 16

16.1 Data Migration LSMW – (Legacy System Migration Workbench) – Video