SAP FICO – Intermediate

SAP FICO Course could be a certification course that deals with the Finance and cost controlling module in SAP ERP wherever FI represents Financial Accounting and CO represents Controlling. SAP FICO module is hearty and covers basically all business cycles knowledgeable in several industries.

Chapter-1: SAP Finance (FI)

Introduction SAP

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

Accounts Receivable

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

Accounts Payable

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

General Ledger

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

Asset Accounting

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

Chapter-2: SAP Controlling (CO)

• Cost Center Accounting
• Profit Center Accounting
• Product Costing
• Internal Order
• COPA
• WBS