Training Approach

SAP FICO is the Finance and Cost controlling module in SAP ERP. SAP FICO module is very robust and covers almost
all business process encountered in various industries. It is one of the very important and widely implemented
modules in SAP. Training Content exclusively designed for Consultants, Product specialist, Project Teams and Users

Course Syllabus

Topic 1

SAP Overview
Introduction to SAP
Introduction to SAP ERP and its Components
R/3 Architecture
System Landscape
Introduction to SAP FICO
Sub-Components of SAP FICO
Roles and Responsibilities of a Consultant
Easy access screen
Navigation (Logging on to the R/3 System, Screen Elements, Creating Favourites, Adding Transaction to
Favourites)

Topic 2

Enterprise Structure (Definition & Assignment)

SAP Enterprise Structure

Organization Elements (Company, Company Code, Business area, Functional area, consolidation business area,
Financial management area, Segment, Credit control area Etc.)
Profit Centre and Segments
Enterprise structure of MM and SD

Topic 3

Global setting

Fiscal year
Variant Principles
Posting Period
Tolerances
Document Types
Posting Keys

Topic 4

General Ledger Accounting

Chart of Accounts
Account Groups and Number Ranges
Retained Earnings Account
GL Master Records
Entry &Posting of Transactions
Enjoy& Non-Enjoy screen
Reversals (Individual Reversals, Mass Reversals)
Reversals of Reversals
Cleared item Reversals
Parking Documents
Held Document

Topic 5

Accounts Payable

Introduction to Accounts Payable

P2P Process
Vendor Account Group and No Ranges
One Time Vendor
Vendor Master Records
Define alternate reconciliation for Down payment made (Special GL Transactions)
Down payment and adjustment
Terms of Payment
Automatic Payment Program (APP)
Posting of Invoice
Open item clearing, adjustment of payment differences
Reason Codes for under and over Payment
Types of Payments
Standard Payment
Partial Payment
Residual Payment
Automatic Posting
Open Item Clearing
Post with Clearing
Account Clearing

Topic 6

Accounts Receivable

Introduction to Accounts Receivable

O2C Process
Customer Account Group & Number Ranges
Tolerance Groups for Customers
Customer Master Records
One Time Customer
Alternate reconciliation for Customer Down payment (Special GL Transactions)
Down payment and adjustment
Dunning (configuration, Parameters, Printing dunning notices
Correspondence types and usage)
Define automatic Posting
Bill of exchange
Posting of Invoice
Open item clearing, adjustment of payment differences
Credit Memo

Topic 7
Document Control
Document Types
No Range Concept
Accounting documents and its importance
Validations and substitutions
Definition of validations and substitutions in financial accounting
Recurring Document
Reversal document
Sample Document
Reference Document
Account Assignment Model
Fast Data Entry

Topic 8

Asset Accounting
Overview of Asset Accounting
Organizational structures
Chart of Depreciation
Depreciation Area
Asset Class
Define Account Determination
Screen Layout Concept
Create number ranges for asset class
Integration with the GL Account
Assign GL Accounts
Depreciation Key
Valuation Methods
Asset Master Record
Asset Acquisition/Purchase Posting
Asset Explorer
Depreciation Run
Retirement of Asset with Sale/Scrap
Asset impairment
Periodic Processing
Information System/Reporting

Topic 9

Tax
Tax on sales/Purchases
Withholding tax
Topic 10

Bank Accounting
House Bank
Cheque Lots
Define void reason codes
Issue of a check
Manual payment
Cancellation of issue check with reason codes
Check register
Bank Sub Account
Bank Master Records
Role of House Bank in APP run
Bank Reconciliation (MBRS & EBRS)
Lock box configurations
Cash journal configurations & business transactions
Set up print parameters
DMEE Payment File Creation
Treasury
Costing

Topic 11

Foreign Currency

Exchange rate differences

Maintain Exchange Rates Maintain Table
Translation Ratios for Currency
Accounts for Exchange Rate Differences
Posting with Foreign Currency
Define Methods for Foreign Currency Valuation
Prepare Automatic Posting for foreign currency valuation
Revaluation of foreign currency balances

Topic 12

The New General Ledger

Activation and the Concept of the New General Ledger
Parallel Accounting
Document splitting

Topic 13

Integration
FI-CO
FI-MM
FI-SD
FI-HCM
FI-PP
Introduction &MM organizational units
Define plant and locations
Define storage locations
Organizational units in sales and distributions
Valuation and account assignments mm flow
MM transaction keys
Define accounts for material transactions
Creation of material master record
Creation of purchase order
Goods receipt & invoice receipt
Sales flow
Assignment of pricing procedure
Define accounts for revenue determination
Creation of sales order
Out bound deliveries
Billing document
Payment by cards

Topic 14

Period End Process

SAP CO

Introduction to Controlling.
Importance of Controlling.

General Controlling
Maintain controlling area
Introduction to Controlling Area
Activate components for controlling area
Assignment of company code to controlling area
Maintain number ranges for controlling area documents
Maintain versions and setting for fiscal year

Cost element accounting

Introduction to Cost Element Accounting

Primary and Secondary Cost Elements
Define Cost Element Categories
Manual & Automatic Creation of Primary and Secondary Cost Elements
Define Cost Element Standard Hierarchy and Groups
Automatic creation of cost element
Reconciliation ledger
Create Cost Centre categories, master record, planning.
Default assignment v/s automatic assignment
Cost centre reports
Activity type master data
Direct activity allocation
Manual reposting of costs and line items
Statistical key figures
Period end closing activities in cost centre accounting
Accrual calculations
Overhead calculations in cost centre accounting

Cost Centre Accounting

Introduction to cost centres
Define Standard hierarchy for cost centres
Define cost centre categories
Master data maintenance
Cost centre groups
Set planner profile for cost centre
Create activity types
Maintain statistical key figures
Post transaction to cost centres
Generate cost centre reports
Plan values and quantities for activity prices
Calculate activity prices
Periodical reposting of cost
Create and execute assessment cycle
Create and execute distribution cycles
Activity allocations

Settings for automatic posting

Profit Centre Accounting

Introduction to Profit centre accounting
Maintain Standard Hierarchy
Create Dummy Profit Centre
Maintain Profit Centre Groups
Creation of Profit Centre
Assignment of Profit Centres in cost Centre Master Data
Maintain Automatic Account Assignments for Revenue Elements
Profit enters for Balance Sheet and Profit and Loss
Planning and Postings
Display Profit Centre Reports
Profit Centre Tutorial: Create, Group, Posting & Planning
Profit Centre Standard Hierarchy
Assignment of Cost Centres to Profit Centre
Important Tables in CO Module
Comparison between Cost Centre, Profit Centre and Internal Order
Internal Order
Internal order’s introduction
Define order types
Define order master data
True orders and statistical orders
Activate order management in controlling area
Maintain budget and planning profiles
Planning
Activate budget commitments messages
Budgeting internal orders
Calculation interest on capital tied over in internal orders
Period end closing
Settlement of internal orders to cost centre/other objects
External settlement
Settlement of AUC to internal orders
End user activities and reports
Activity based costing

Introduction-activity based costing

Create standard hierarchy for activity-based costing
Define attributes for activity-based costing
Define business process master record
Business processes planning
Maintain plan: delta versions
Post the plan data
Reposting of data and period end closing activities
Posting of actual data
Product costing WRT process industry
Material Ledger end to end Process
Profitability Analysis

Introduction to profitability analysis

Maintain operating concern
Define profitability segment
Maintain characteristics values
Define derivation rules
Setting for data flow from SD
Setting for data flow from FI and MM
Display reports in COPA
Mapping of SD/MM Conditions to CO-PA value fields
Period Valuation
Top down Distribution
Reports
Painters

Important Tables in FI Module

Audit information system (Optional)
Discuss Case Study (Optional)
Reports (Optional)
GL Report
AR Report
AP Reports
AM Reports
Scheduler Manager
Data Migration Tool
(LSMW) - Master Data
IDoc
ALE-EDI
DMEE
Interest Calculation
Cross Company Code Transactions
Make to Order (MTO) and Make to Stock (MTS)

 Practical

 Theory

 Projects

ASAP Methodology .
  Interview Q/A

 Notes

 Post training assistance

 Placement assistance

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