SAP FICO (Financial Accounting & Management Accounting)

Introduction to SAP ERP

• Benefits of SAP

• Introduction of SAP NetWeaver

ASAP Methodology 

• Different Phases to implement SAP

• SAP Team Mapping (Functional/Technical Consultants & Business Users)   

• Introduction of different Business Blueprint documentations

• What is GAP Analysis?   

• Introduction of WRICEF Elements

• Introduction of AS-IS and TO-BE Methodology   

• Overview of Enterprise - Organizational Structure

• Introduction of Software Testing (UT, IT, DT, UAT, RT), HPQC and QT   

• Introduction of Data migration and cut-over strategies

Introduction to SAP GUI

SAP Navigation

• Three different ways to access transactions in SAP

• SAP GUI options (Theme, Local Data, Font etc.)   

• SAP system status, version and component information

Overview of IMG (Implementation Guide)

User Maintenance

Overview of Transport Organizer

Overview of existing Clients in the system 

Enterprise Structure in IMG (Implementation Guide)

• Defining the Company

• Automatic recording of changes in the Client settings (Customizing request dialogue box)

• Introduction and creation of Company code

• Change the Company code details

Definition

• Introduction and creation of Business Areas

• Introduction and creation of Consolidated Business Area

• Global parameters for Company code

• Introduction of Functional Area

• Introduction of FM Area

• Introduction of Credit Control Area

Overview of Controlling, LG, SD, MM, LE, HR in Enterprise structure

Assignment

• Assignment of company code to company

• Assignment of company code to credit control area

• Assignment of business area to consolidated business area

• Hierarchy levels

Introduction of 3-step methodology of Variant Principle

• Three types of Variants (Fiscal Year Variant, Posting Period Variant & Field Status Variant)

Fiscal Year (with Shortened Fiscal Year) Variant

• Year dependent Fiscal Year

• Year Independent Fiscal Year

• Calendar Fiscal Year

• Non-calendar Fiscal Year

• Introduction of Shortened Fiscal Year

• Introduction of Fiscal Year standard templates

• Creation of Fiscal Year Variant (Non-calendar Fiscal Year)

• Introduction of Special Periods

Creation of Posting Period Variant

• Define the values for Open and Close Posting Periods

• Assignment of Posting Period Variant to the company code

Introduction of Currencies (3 methods)

• Reference/Base Currency

• Exchange rate spread

• Inversion

• Check Exchange Rate Types (SAP NetWeaver)

• Introduction of 3 Types of Exchange Rate

• M (Average exchange rate)

• B (Bank selling rate)

• G (Bank buying rate)

• Introduction of inversion method (Direct and Indirect quotation)

• Enter Exchange Rates (SAP NetWeaver)

• Introduction of Alternative Exchange Rate Type (EURX, EURO)

• Maintain Exchange Rate Spreads (SAP NetWeaver)

Overview of Transport Organizer Requests

Chart of Accounts (General Ledger)

• What is Master Data?

• Introduction of Chart of Accounts (Highest level of hierarchy in GL Accounts)

• Three types of Chart of Accounts

• Operative or Company Code Chart of Accounts

• Group Chart of Accounts (Consolidated Financial Statements)

• Country Chart of Accounts

• Introduction of Chart of Accounts Segment and Company Code Segment

• Different transaction codes for the creation of different chart of accounts

• Creation of Operative or Company Code Chart of Accounts

• Assignment of chart of accounts to the company code

Account Groups

• Introduction and creation of Account Groups (Assets, Liabilities, Expenses and Income)

Define Retained Earnings Account (P&L statement account type symbol: +)

Introduction of Field Status Variant and Field Status Group

• Introduction of G/L Account Groups Field Status and its Priority Level: (Suppress, Display, Req. Entry, Opt. Entry)

• Creation of Field Status Variant and Field Status Group

• Introduction of how to display the transaction code through Additional information

• Transaction code: OBC4 to change Field Status Variant

• Assignment of field status variant to the company code

General Ledger Master Data - TC: FS00

• Creation of GL Accounts (Chart of Accounts Segment and Company Code Segment)

• External number range for the GL Accounts

• Alternative account number

• The concept of Open item management and Line item display

• Creation of Reconciliation Account (Assets), Retained Earnings account (Liabilities), P&L accounts (Expense & Revenue)

• Introduction of Sort Key for Line item display

• Field Status Groups for Expense and Revenue accounts

Introduction of Chart of Account information: TC: F.10

Accounts Receivable/Customer Master Record

• Introduction of 3 Segments: General data (FI), Company code segment (FI) and Sales area segment (SD)

• Difference between Decentrally and Centrally Master data

• Preparations for creating Customer Master data (IMG)

  • Define Account Groups with Screen Layout (Customers)

  • Creation of Customer Account Group with/without One-time account

  • Overview of Screen Layout per Company code (Customers)

  • Overview of Screen Layout per Activity (Customers)

  • Overview of Change Message control for Customer master data

  • Overview of defining Industries

  • Creation of Number Ranges for Customer Accounts

    • Internal and External Number Ranges (Alpha-numeric)

    • Assignment of Number ranges to Customer account groups

• Creation of Customer Master Data (Easy access)

  • Introduction of SAP GUI options to show keys within dropdown list

Accounts Payable/Vendor Master Record

• Introduction of 3 Segments: General data (FI), Company code segment (FI) and Purchasing area segment (MM)

• Creation Number Ranges for Vendor Accounts

  • Internal and External Number Ranges (Alpha-numeric)

  • Assignment of Number ranges to Vendor account groups

Creation of Vendor Master Data (Easy access)

Bank Master Data

• Define House Banks

• Set Country-Specific Checks (SAP NetWeaver)

Creation of Bank Master Data (Easy Access)

Document Control and Structure

• Header Level and Item Level

• Document Type (Controls the Header Level, Number Ranges and Account Types)

• Posting Keys (Controls the Item Level, Field Status and Account Types)

Simple Documents in Financial Accounting

• Creation of G/L Account Document (TC: FB50)

  • Accounting Editing Options (Doc. Type option, Display periods)

  • Introduction of Controlling Area hierarchy to fix the issue (Same chart of accounts and fiscal year variant)

    • Maintain Controlling Area

    • Assignment of Company code to the Controlling

    • Maintain Number Ranges for CO Document

  • Posting of G/L Account Document

  • Document Display with Ledger 0L, Header and Item Information (TC: FB03)

• Creation and Posting of G/L Account Posting (TC: F-02)

• Enter rate INR/GBP rate type M (SAP NetWeaver)

• Activation of components/control indicators for Controlling Area

• Display/Change Line Items (TC: FBL3N)

• Display G/L Account Balances (TC: FAGLB03)

Reference Documents

• Account Assignment Model (TC: FKMT and TC: FB50)

Recurring Model with the reference of Account Assignment Model (Periodic Processing – TC: F.15)

• Recurring Entries List (Periodic Processing – TC: F.15)

• Recurring Entries Execute (Periodic Processing – TC: F.14)

• Batch Input Session (TC: SM35)

Creation of Accounts Receivable/Customer Invoice (TC: FB70 or F-22)

• Document Display (TC: FB03)

• Display Currency for Document

• Display/Change Line Items (TC: FBL5N)

• Display Balances (TC: FD10N)

Creation of Accounts Payable/Vendor Invoice (TC: FB60 or F-43)

• Document Display (TC: FB03)

• Display Currency for Document

• Display/Change Line Items (TC: FBL1N)

• Display Balances (TC: FK10N)

Customer/Vendor Credit Memo

• One-time Customer/Vendor

• Document Display

• Display/Change Line Items

• Display Balances

Posting Period Variant (End-User)

Materials Management View on Company Codes

Posting Authorizations

• Definition and Assignment of Tolerance Groups to Users/Employees

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

Posting Control

• Default Values

  • Document Type

  • Posting Key

Document Changes

• Document Change Control

Document Reversal

• Normal Reverse Posting

• Negative Reverse Posting

Payment Terms and Cash Discount

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

Account Clearing – Credit Memo

GL Document Posting and Clearing

Exchange Rate Differences

Taxes (Input tax and Output tax)

Clearing – Payment Differences

• Payment Differences

  • Partial Payment

  • Residual Items

Tolerance Groups (G/L, Customers/Vendors)

Reset Cleared Items

Special G/L transactions

• Configuration of Special G/L Transactions

• Down Payment Received

• Down Payment Made

Cash journal (Bank Accounting)

• Cash Journal Configuration

• Cash Journal Transaction

Parking and Holding Documents

• Basics of Document Parking Versus Hold Document

• Parking Documents and Processing Parked Document

Validations and Substitutions

Automatic Payment Program (APP)

• Payment Run – Overview

• Payment Program Configuration

• Running the Payment Program

• Edit the Payment Proposal

• Debit Balance Check

Automatic Dunning Program

• Dunning Run - Overview

• Dunning Program Configuration

• The Dunning Run

• Edit the Dunning Proposals

• Printing Dunning Notices

Correspondence

• Correspondence – Overview

• Correspondence Types

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

Financial Statement Version

Introduction to Controlling

• Integration between FI and CO

• Cost Element Accounting

  • Primary Cost Elements and Secondary Cost Elements

• Cost Centre Accounting

  • Creation of Cost Centres

• Profit Centre Accounting

  • Creation of Profit Centres

Actual/Plan Data

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

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

• Actual Flow of data from FI / Variance

Cost Centre Reports/Profit Centre Reports

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

Internal Order

Organizational Structures

• Chart of Depreciation

• Account determination

• Screen Layout rules

• Number ranges

• Asset Classes

• Integration with the General Ledger

• Assign G/L Accounts

Depreciation

• Valuation Methods – Depreciation Keys

• Valuation – Depreciation Areas

• Determination of Depreciation Areas

• Master Data (Configuration)

• Screen Layout for Master data and Depreciation Areas

Transactions and Information System

Transaction types to Depreciation Areas

Define or Assign Forms (History Sheet)

Cost Centres/Profit Centres for Assets

Master Data and Postings

• Asset Master Records

• Asset Acquisition

Asset Retirement

Assets under Construction (AuC)

Intracompany/Intercompany Asset Transfer

Miscellaneous Posting (Add the Acquisition Value)

Periodic Processing

• Depreciation Posting

• Fiscal Year Change

• Year-End Closing (Asset Accounting)

Information System

Report Selection

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

New General Ledger

• Introduction

• Ledger Definition

• Document Splitting

• Segment Reporting

• Periodic Processing and Information System (New)

Cross-Company Code Transactions

Integration of CO with FI (New GL)

Integration of FI with MM and SD

SAP Data Migration through LSMW