SAP FICO BASIC

You will be equipped by taking this course to work independently on a SAP S/4 HANA Finance implementation or migration project. This course’s information will assist you in performing as a FICO end-user and consultant.

Introduction SAP

o Introduction SAP Overview
o SAP FICO Overview
o Creation of chart of Accounts
o Defining a Retained Earnings Account
o Definition of company, Plant
o Definition of company code
o Definition of business area
o Definition of fiscal year variant
o Definition of posting period variant
o Defining document type & number ranges
o Others Related Issues

Accounts Receivable

o Creation of customer account groups
o Creation of customer master (display/change/block/unblock of customer master)
o Posting of customer transactions (sales invoice posting, payment posting, debit memo)
o Settings for advance payment from parties (down payment)
o Customer Reporting

Accounts Payable

o Creation of vendor account groups
o Creation of vendor master (display/change/block/unblock of vender master)
o Posting of vendor transactions (invoice posting, payment posting, credit memo)
o Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
o Posting of partial Payment & Residual Payment
o Vendor reporting

General Ledger

o Creation of General Ledger Master (with and without reference)
o Display/Change/Block/Unblock of general ledger master
o Document Entry posting normal postings and posting with reference
o Display and change of documents
o Display of GL balances
o Display GL account line items
o Parked documents
o Creation of Sample Document and postings with sample documents
o Defining recurring entry document and postings with recurring doc.
o Creation of account assignment model and posting
o Configuration of line layouts for display of GL line items
o Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents
o Defining Exchange Rate types and Translation ratios
o Define Exchange rates & posting of foreign currency transactions
o Interest calculations on term loans
o Accrual and Deferral documents
o Financial statement version
o General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

Asset Accounting

o Defining chart of depreciation
o assignment of chart of depreciation to company code
o Defining account determination
o definition of number ranges for asset classes
o Integration with General Ledger & Posting rules
o Defining Depreciation key
o creation of main asset master records
o creation of sub asset master records
o Acquisition of fixed assets
o sale of fixed assets
o transfer of assets
o Scrapping of assets
o Depreciation run
o Line item Settlement of assets under construction of capital work in progress.