SAP FI/CO

SAP FICO Training 

Course Description:

Introduction to ERP & SAP

Introduction to FI/CO

  • What is FI/CO
  • Sub modules in FI & CO
  • Introduction to G/L (New G/L),AP,AR,AA
  • Introduction to CEA,CCA,EC-PCA,CO-PA and PC
  • Introduction to Banking and Treasury
  • Concepts of Integration with MM and SD
  • Introduction to Month end Closing and Year and Closing

Global Parameters

  • Company and Company Code
  • Business Area and Credit Control Area
  • Fiscal Year Variant-Types of Fiscal Years
  • Chart of Accounts-Type of COA
  • Posting period Variant
  • Open and Closing Posting Periods
  • Document Types
  • Field Status Variants & Groups
  • Multiple Currencies
  • Introduction to Multiple Ledgers
  • Other Aspects of Global Parameter G/L & New

G/L Concepts

  • Preparation and Finalization of COA in Real Time
  • Account Groups
  • Retained Earnings and importance of Retained Earnings
  • Tolerance Groups for General ledger/Employees
  • Screen Variants for G/L Postings
  • Exchange Rate Maintenance
  • G/L automatic Clearing Maintenance
  • Foreign Currency Valuation and Translation
  • Financial statement Version
  • G/L integration with MM and SD
  • Define and Activate New G/L
  • Activation and specification of Additional Ledgers
  • Define Currency for Additional Ledgers
  • Define Segment
  • Define Document Splitting for G/L accounting
  • Activate Document Splitting
  • Define Document type for Entry View
  • Transfer Balances and Carry Forward (Balance Sheet & P&L Items)
  • Posting Keys
  • Documents in G/L-Park & Post, Hold, Recurring, Account Assignment Model etc.,
  • G/L Reports

A/R & A/P, Banking

  • Account Groups
  • Document Types for Customers and Vendors
  • Number Range assignment for Account groups
  • Customer and Vendor Master Data
  • Reconciliation Accounts for customer and vendor Master Data
  • Terms of Payments
  • Payment Methods
  • Automatic Payment Program
  • Dunning
  • Down Payments, Bills of Exchange and Guarantees
  • Tax Calculation Procedure
  • Taxes-VAT and Withholding Taxes
  • Automatic determination of G/L accounts for Taxes, Foreign Exchange (Realized and unrealized Accounts)
  • House Banks
  • Manual & Electronic Bank Statement
  • Check and Transfer method of payments through Banks
  • Check Register, Check Maintenance, Issuance, cancellation Etc.
  • Customer and Vendor Reports
  • Z reports and preparation of Functional specs for Z reports

Asset Accounting

  • Chart of Depreciation
  • Define 0% tax Codes for Asset Accounting
  • Asset Class and Account determination of Asset Classes
  • Depreciation Areas (Derived Depreciation Areas)
  • Screen Layout Rules and Number range Assignments
  • Depreciation Areas for Parallel Currencies
  • Group Assets
  • Depreciation Keys
  • Asset Master data (Main and Sub Assets)
  • Overview of Revolution of Assets
  • Introduction to inflation Accounting
  • Asset Acquisition (Direct and AUC)
  • Asset retirement (Scrapping, with Revenue with Customer and without Customer)
  • Inter and Intra Asset transfer
  • Asset Reports/With Different variants and Asset explorer
  • Strategy on data Migration related to Asset (Legacy Assets-upload Process)

Integration

  • FI-MM Integration (Configuration from MM to attain PO,GR and IR
  • Account Assignment Categories in PO and business process to be used with different Account Assignment categories
  • Valuation Area, Valuation class and its importance in Material Master
  • Accounting aspects from Material Master
  • Material Movements Types
  • OBYC and G/L account assignment from MM process
  • FI-SD Automatic Accounts determination
  • Revenue Reorganization process in FI and SD Integration

Controlling & Cost Element Accounting

  • Define Controlling Area
  • Assignment of Controlling area to Company Codes
  • Importance of Different Fields in controlling Area
  • Primary cost and secondary cost elements
  • Activity Type
  • Statistical Key Figures
  • Reposting, Distribution and Assessment
  • Activity type categories
  • Planning and Budgeting of Cost Elements
  • Cost Element categories
  • Cost Element groups
  • Cost Element Reports

Cost Center Accounting

  • Cost Center Hierarchy
  • Cost center Groups
  • Cost Center Categories
  • Define Planner Profile, Versions for Planner Profile
  • Cost Center Reports

CO-PA

  • Define Operating Concern
  • Define Characteristics and value fields
  • Define profitability Segment Characteristics
  • Define Characteristics Hierarchy and Derivation
  • Maintenance and Assignment of value fields
  • Transfer of Billing Document to COPA
  • Automatic Account Assignment
  • Maintain PA Transfer structure for Direct FI Postings
  • Information System in COPA

Internal Orders

  • Order Management in Controlling Area
  • Define and Assign number ranges to Order Groups
  • Types of Order
  • Model Order
  • AUC (Assets) process with Internal Order (Real)
  • Investment Management Integration with Internal Orders
  • Month end and final settlements of Internal Orders
  • Information System (Reports) for Internal Orders

Profit Center Accounting

  • Maintain Profit Center and Activation of company code in profit center
  • Control Parameters for Actual data
  • Plan Versions
  • Profit Center Standard Hierarchy
  • Profit Center Groups
  • Transfer Pricing process with profit center
  • Maintain planner profiles
  • Distribution & Assessment
  • Automatic Account Assignment for Revenue Elements
  • Reports in profit center Accounting

Product Costing and Material Ledger

  • Define and Activate Material Ledger
  • Assign Currency type to Material Ledger
  • Dynamic Price Change in ML
  • Other Aspects of ML
  • Material Costing
  • Maintain Overhead cost Elements
  • Define Cost Sheets
  • Define Overhead Keys and Groups
  • Define Cost Component Structure
  • Product Costing by Order
  • Variance Calculation
  • Work In Progress
  • Settlement
  • Product Cost by Period
  • Variance Calculation
  • Work In Progress
  • Settlement
  • Product Cost by Sales
  • Result Analysis
  • Settlement

Real Time Concepts

  • Uploading the Data(LSMW) to SAP Server
  • Overview of SAP Methodology
  • Creation of Financial Statement Version
  • Transport Request Creation and Release
  • SAP Query
  • Month End, Year End Closing Activities
  • Carry Forward Balances to next Year
  • FAQS
  • Tickets

 

 

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