Bitrootlabs

SAP S4HANA FICO

  • Introduction to SAP
  • Business Process of FI&CO
  • Implementation Tool
  • SAP Architecture
  • FICO Module Overview

Components of Financial Accounting (FI)

1.Organizational Elements/basic settings
2. General Ledger (FI/GL)
3. Accounts Receivable (FI/AR)
4. Accounts payable (FI/AP)
5. Asset Accounting (FI/AA)

Financial Accounting Global Settings

  • Maintain Fiscal Year Variant (Maintain Shortened Fiscal Year)
  • Assign Company Code to a Fiscal Year Variant
  • Define Variants for Open Posting Periods
  • Assign Variants to Company Code
  • Open and Close Posting Periods
  • Define Document Types
  • Define Document Number Ranges
  • Define Posting Keys
  • Maintain Field Status Variants
  • Assign Company Code to Field Status Variants
  • Enter Global Parameters

General Ledger Accounting:

  • Define Chart of Accounts List
  • Assign Company Code to Chart of Accounts
  • Define Account Group
  • Define Retained Earnings Account
  • Define Tolerance Groups for G/L Accounts
  • Define Tolerance Groups for Employees
  • Creation of G/L Masters
  • G/L Account Document Postings
  • Parked Document
  • Hold Document
  • Sample Document

Accounts Receivable and Accounts Payable

  • Creation of Vendor Groups
  • Creation of Vendor Number ranges
  • Assign Vendor Number ranges to Vendor Groups
  • Creation of Vendor Masters
  • Creation of Vendor Documents and Number ranges
  • Vendor Documents Postings (Purchase Invoice)
  • Advance Payment Postings
  • Automatic Payment Program

Creation of Customer Groups

  • Creation of Customer Number ranges
  • Assign Customer Number ranges to Customer Groups
  • Creation of Customer Masters
  • Creation of Customer Documents and Number ranges
  • Customer Document Postings (Sales Invoice)
  • Advance Payment Postings
  • Dunning Program
  • Creation of Payment Terms
  • Customer/Vendor Statements

Tax Settings

  • Tax on sales/Purchases
  • FI Tax Integration

Asset Accounting

  • Copy Reference Chart of Depreciation/Depreciation Areas
  • Assign Chart of Depreciation to Company Code
  • Specifying Account Determination
  • Create Screen Layout Rules
  • Define Number Range Interval
  • Define Asset Classes
  • Assign G/L Accounts
  • Specify Document Type for Posting of Depreciation
  • Specify Intervals and Posting Rules
  • Specify Rounding of Net Book Value and/or Depreciation
  • Define Base Methods
  • Define Declining-Balance Methods
  • Define Maximum Amount Methods
  • Define Multi-Level Methods
  • Maintain Period Control Methods
  • Maintain Depreciation Key
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