SAP FICO Training

Introduction:

SAP FICO module refers to the Finance (FI) and Controlling (CO) modules of SAP ERP system. FI and CO are the core modules of SAP. They are tightly integrated with Sales and Distribution Module (SD) and Materials management (MM) module.

Organizational Structure

• Create a Company
• Create a Company and assign to Company Code

General Ledger

• Create Chart of Account
• Create Chart of Account (COA) Group
• Create Retained Earnings Account
• Create G/L Account
• Posting to General Ledger
• Blocking Or Deleting GL Accounts
• Display Changes To GL Accounts
• Create Financial Statement Version
• How to perform a Journal Entry Posting
• Fiscal Year Variant
• Assign Company Code To Fiscal Year Variant
• Define Posting Period Variant
• Opening And Closing Posting Periods
• Define Field Status Variant And Field Status Group
• Assign Field Status Variant To Company Code
• Document Type And Number Ranges
• Post With Reference
• Hold Document
• Park Document

Accounts Receivable

• Create a Customer Master Data
• Change Customer Documents
• How to Display Changes in Customer Master
• How to Block or Delete a Customer
• Create Customer Account Group
• One Time Customer
• How to post a Sales Invoice
• Document Reversal
• Sales Returns – Credit Memo
• How to Post Incoming Payment
• How to post a Foreign Currency Invoice
• Incoming Partial Payments By Residual Method
• Incoming Partial Payments By Partial Payment Method
• How to Reset AR Cleared Items
• Credit Control for the Customer

Accounts Payable

• How to Create a Vendor
• How To Create a Vendor Account Group
• How to Display Changes in Vendor Master
• How to Block or Delete a Vendor
• Create Vendor Master Data
• One Time Vendor
• Purchase Invoice Posting
• Purchases Returns – Credit Memo
• Outgoing Payments
• Foreign Currency Vendor Invoice
• How to Post Withholding Tax during Vendor Invoice Posting
• How to Post Withholding Tax During Payment Posting
• Outgoing Partial Payments By Residual Method
• Outgoing Partial Payments By Partial Payment Method
• Reset AP Cleared Items
• Automatic Payment Run
• How to Map Symbolic Account to G/L Account
• Posting Rounding Differences

Reports

• Important Reports in SAP FI

Must know!

• Month End Closing – Foreign Currency Revaluation
• Important Tables in FI Module
• Dunning
• How to Maintain Exchange Rates

SAP CO

Cost Center

• Create Cost Center
• Post to a Cost Center

Internal Order

• All About internal Order
• Settlement Of Internal Orders To Cost Centers

Profit Center

• Profit Center
• Postings To Profit Center
• Profit Center Standard Hierarchy
• Assignment of Cost Centers To Profit Center
• Assignment of Materials To Profit Center