{SAP FICO BASELINE

CONFIGURATION – S/4HANA}
 SAP FICO Baseline configuration guide

Reporting parameters:
Company Name: Danube Properties
Registered Name: Danube Properties LLC
Registered Address: Dubai
Product/Services: Land and building
Country: UAE
Financial year of the country: January-December
Accounting standard of the country - IFRS
Local currency of the country – AED

Complete FICO Baseline configuration with T-code:

Define Company OX15

Define Company Code OX02
Assign Company Code to Company OX16

Define Chart of Accounts OB13

Assign COA to Company Code OB62
Define Account Groups OBD4
Define Retained Earnings Account OB53

Define Fiscal Year Variant OB29

Assign Fiscal Year Variant to Company Code OB37

Define Posting Period Variant OBBO

Assign Posting Period Variant to Company Code OBBP
Open Close Periods OB52

Define Field Status Variant OBC4

Assign Field Status Variant to Company Code OBC5

Define GL Tolerance Groups OBA0

Define Customer / Vendor Tolerance Groups OBA3
Define User Tolerance Groups OBA4

Define Controlling Area OKKP

Assign Company Code to Controlling Area OKKP
Activate Components OKKP

Define Tax Procedure OBYZ

Assign Tax Procedure to Country OBBG

Define Profit Center Basic Settings OKE5

Set Controlling Area OKKS
Define Profit Center Master
Define Cost Center Master

Define Leading & Non-Leading Ledgers FINSC_LEDGER

Leading Ledger = 0L Non-Leading Ledger = LL

Define Currencies for the Reporting FINSC_LEDGER

Define Accounting Principles SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting

Global Settings->Ledgers->Parallel Accounting->Define Accounting Principles

Assign Accounting Principles to Ledgers

Define CO to FI Integration SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global

Settings->Ledgers->Integration of Controlling with Financial Accounting->Define Ledger for CO Version

Define Document Splitting Configurations - SAP Customizing Implementation Guide >Financial Accounting >General
Ledger Accounting->Business Transactions >Document Splitting-> Classify G/L Accounts for Document Splitting Classify
Document Types for Document Splitting Define Zero-Balance Clearing Account Define Document Splitting Characteristics
for General Ledger Accounting Activate Document Splitting

Execute Consistency Check FINS_CUST_CONS_CHK_P

1. Define company - SAP Customizing Implementation Guide->Enterprise Structure->Definition->Financial Accounting-

>Define company
2. Define company code - SAP Customizing Implementation Guide->Enterprise Structure->Definition->Financial
Accounting->Edit, Copy, Delete, Check Company Code

3. Assignment of company to company code - SAP Customizing Implementation Guide->Enterprise Structure-

>Assignment->Financial Accounting->Assign company code to company.

4. Define Chart of Account - SAP Customizing Implementation Guide->Financial Accounting->General Ledger

Accounting->Master Data->G/L Accounts->Preparations->Edit Chart of Accounts List
5. SAP Customizing Implementation Guide->Financial Accounting->General Ledger Accounting->Master Data->G/L
Accounts->Preparations->Assign Company Code to Chart of Accounts

6. SAP Customizing Implementation Guide->Financial Accounting->General Ledger Accounting->Master Data->G/L

Accounts->Preparations->Define Account Group

Item Category
for document
Chart of Account Account Group Name From Account To Account splitting
DNB 1110 FIXED ASSETS 11100000 11199999 7000
DNB 1120 ACCUMULATED DEPRECIATION 11200000 11299999 7000
DNB 1210 CASH BALANCES 12100000 12199999 4000
DNB 1310 BANK BALANCES 13100000 13199999 4000
DNB 1410 SHORT TERM INVESTMENTS 14100000 14199999 1000
DNB 1420 LONG TERM INVESTMENTS 14200000 14299999 1000
DNB 1510 ACCOUNTS RECEIVABLE 15100000 15199999 2000
DNB 1520 VENDOR ADVANCES 15200000 15299999 3100
DNB 1610 INVENTORY 16100000 16199999 6000
DNB 1710 TAX Receivable 17100000 17199999 5100
DNB 1720 PREPAID EXPENSES 17200000 17299999 1000
DNB 1810 LOANS & ADVANCES 18100000 18199999 1000
DNB 2100 Capital 21000000 21999999 1000
DNB 2200 Reserves & Surplus 22000000 22999999 1000
DNB 2310 Bank Overdrafts 23100000 23199999 1000
DNB 2320 Secured Loans 23200000 23299999 1000
DNB 2330 Unsecured Loans 23300000 23399999 1000
DNB 2410 Accounts Payable 24100000 24199999 3000
DNB 2420 Customer Advances 24200000 24299999 2100
DNB 2510 TAX Payable 25100000 25199999 5100
DNB 2520 Outstanding Expenses 25200000 25299999 1000
DNB 2530 Other Provisions 25300000 25399999 1000
DNB 2610 GR/IR Clearing 26100000 26199999 1000
DNB 3110 Domestic Sales 31100000 31199999 30000
DNB 3120 Foreign Sales 31200000 31299999 30000
DNB 3130 Other Sales 31300000 31399999 30000
 DNB 3200 Operating Income 32000000 32999999 30000
DNB 3300 Non-Operating Income 33000000 33999999 30000
DNB 3410 Discounts Received 34100000 34199999 40100
DNB 3420 Interest Received 34200000 34299999 30000
DNB 3430 Misc. Income 34300000 34399999 30000
DNB 3500 Forex Gains 35000000 35999999 40200
DNB 3610 Dividend Income 36100000 36199999 30000
DNB 3620 Investment Income 36200000 36299999 30000
DNB 3440 Commissions Received 34400000 34499999 30000
DNB 4110 Direct Expenses 41100000 41199999 20000
DNB 4120 Indirect Expenses 41200000 41299999 20000
DNB 4210 Operating Expenses 42100000 42199999 20000
DNB 4220 Non-Operating Expenses 42200000 42299999 20000
DNB 4300 Bank Charges 43000000 43999999 20000
DNB 4410 Payroll Expenses 44100000 44199999 20000
DNB 4420 Staff welfare 44200000 44299999 20000
DNB 4240 Travel Expenses 42400000 42499999 20000
DNB 4500 Depreciation 45000000 45999999 20000
DNB 4600 Forex Losses 46000000 46999999 40200
DNB 4230 Insurance Expenses 42300000 42399999 20000
DNB 4430 Salaries 44300000 44399999 20000
DNB 4440 Wages 44400000 44499999 20000
DNB 4130 Freight Expenses 41300000 41399999 20000
DNB 5110 Secondary Cost 51100000 51199999 20000
DNB 8110 Takeover Accounts 81100000 81199999 1000

7. Retained Earnings Account - SAP Customizing Implementation Guide->Financial Accounting->General Ledger

Accounting->Master Data->G/L Accounts->Preparations->Define Retained Earnings Account

8. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-

>Fields->Define Field Status Variants

Copy with 0001 FSTV

Go to Field status groups and save
9. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-
>Fields->Assign Company Code to Field Status Variants

10. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-

>Fiscal Year and Posting Periods->Maintain Fiscal Year Variant

Standard for Jan-Dec is K4

11. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-

>Fiscal Year and Posting Periods->Assign Company Code to a Fiscal Year Variant
12. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-
>Fiscal Year and Posting Periods->Posting Periods->Define Variants for Open Posting Periods

13. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-

>Fiscal Year and Posting Periods->Posting Periods->Assign Variants to Company Code

14. SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting Global Settings->Ledgers-

>Fiscal Year and Posting Periods->Posting Periods->Open and Close Posting Periods
15. GL tolerance group –

16. Customer/Vendor Tolerance Group –

17. FI user tolerance group –

18. Maintain Controlling Area - SAP Customizing Implementation Guide->Enterprise Structure->Definition->Controlling-
>Maintain Controlling Area
T-code OKKP

19. Assign Controlling Area to Co. Code. - SAP Customizing Implementation Guide->Enterprise Structure->Assignment-
>Controlling->Assign company code to controlling area
20. Tax Procedure – OBYZ

21. Assign tax procedure to country – OBBG

22. Define profit center basic settings – 0KE5

23. Ledger assignment for company code – FINSC_LEDGER

24. Define accounting principle - SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting
Global Settings->Ledgers->Parallel Accounting->Define Accounting Principles
Accounting principles for leading and non-leading ledger

25. Assign Accounting Principle to Ledger Groups - SAP Customizing Implementation Guide->Financial Accounting-
>Financial Accounting Global Settings->Ledgers->Parallel Accounting->Assign Accounting Principle to Ledger Groups

26. Assign Principle to company code

Setting for Non-leading ledger

FINS_Ledger – Create a non-leading ledger

Company code settings for the ledger - In case fiscal year of non leading ledger is different then leading ledger, we need
to create a posting period variant ex. April to March and directly assign to company code settings for ledger.

Note* Do not change posting period assignment to the company code in OBBP. New posting period April-March will only
be assigned to FINSC_Ledger.
27. Define CO to FI Integration - SAP Customizing Implementation Guide->Financial Accounting->Financial Accounting
Global Settings->Ledgers->Integration of Controlling with Financial Accounting->Define Ledger for CO Version.

28. Define Document Splitting Configurations - SAP Customizing Implementation Guide >Financial Accounting >General
Ledger Accounting->Business Transactions >Document Splitting-> Classify G/L Accounts for Document Splitting
Classify Document Types for Document Splitting Define Zero-Balance Clearing Account Define Document Splitting
Characteristics for General Ledger Accounting Activate Document Splitting

29. Execute consistency check - FINS_CUST_CONS_CHK_P

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