SAP FICO

Content Outline

SAP-FICO Training Content

Introduction

• Introduction to ERP
• Centralized and Decentralized System
• What is VMware
• What is SAP?
• SAP Modules
• SAP Management Console
• Basic Navigation of SAP
• SAP Solution Manager
• SAP Architecture

Enterprice Structure

• Define Company
• Company Code
• Define Business Area
• Maintain Consolidation Business Area
• Define Functional Area
• SAP Management Console
• Assign Company Code

General Ledgers

• Define Charts of Accounts
• Define Account Groups
• Assign Company code to Chart of Accounts
• Creation of General Ledger Master Records
• Sort Key
• Holding Documents
• Parking Documents
• Assignment Model
• Recurring Documents

Settings in Financials Module

• Manitain Control Area
• Set Controlling
• Creation of Profit Center/Master Records
• Classify GL Accounts for Document Splitting
• Zero Balance Clearing Account
• Document Splitting

Exchange Rate Configurations / Currency valuations

• Define translation ratio for currency translation
• Enter exchange rates
• Exchange rate differences setup

Financial Accounting Global Setting

• Maintain Fiscal year variant
• Assign company code to fiscal year variant
• Leading ledger and Non leading ledger
• Assign Open posting period variant to the company code
• Define Field status variant
• Assign Field status variant to the company code
• Define document number ranges for general ledger view
• Define tolerance group for employees
• Assign users to tolerance group
• Define tolerance group for customers and vendors

Cash Journal

• Define the General ledger Account for Cash journal
• Setup cash journal
• Create, change or delete business transactions
• Setup print parameters for cash journal
• Posting to cash journal

Accounts Receivable

• Define Customer Account Groups
• Define Number Ranges for Customer Account Groups
• Tolerance Groups for Customers
• Enter Accounting clerk’s identification code or information
• Creation/Change of Customer Master Records
• Company Code Data
• Sales Organization
• Partner functions
• Creation of Customer Invoice/Credit Memo
• Define and Maintain Payment Terms

Dunning

• Define dunning areas
• Define dunning procedures
• Assign dunning procedure in customer master
• Sales invoice posting for dunning
• Dunning run

Accounts Payable

• Define Vendor Account Groups
• Assign Number Ranges to Vendors
• Enter Accounting clerk’s identification code or information
• Creation and Change of Vendor Master Records
• Creation of Vendor Invoice and Credit Memo
• Maintain and Define Payment/Installment Terms

Bank Accounts

• Creation of House banks
• Define number ranges for cheques
• Configuring the Sequential/Non-Sequential cheques
• Creation of Manual Cheques
• Cheque Encashment
• Issued Cheques and Cash Register

Asset Accounting

• Cheque calculation procedure
• Assign the calculation procedure
• Chart of Depreciation
• Specify transfer of APC values
• Assign Chart of Accounts to Company code transaction
• Setup areas for parallel valuation
• Specify Account determination
• Create Screen Layout Rules
• Define Asset classes
• Creation of GL Master – different accounts
• Integration with GL Accounting
• Acquisition and production cost
• Specify intervals and posting rules
• Specify Account Assignment types for Account Assignment Objects

House Bank

• Manual cheque creation
• Entering the cheque lot
• Sequential cheques and Non sequential cheques
• Cheque encashment
• Cheque printing program
• Making the lost or damaged cheques void in the system
• Maintenance of Cheque Register

Reports in SAP

• Report to view the P&L and the Balance Sheet
• Other important reports in GL, AR and AP
• View/Display the Balance Sheet
• Trial Balance
• Ledger Wise Balances.
• Vendor Wise Purchases
• Display Changes of Vendor Master Data
• List of Vendor Line Items
• List of Down Payment Open Items-Vendors
• Customer List Customer Wise Balances
• Customer Wise Outstanding Balances
• Customer Master Data/Addresses
• Customer Wise Sales
• Open Down Payment Customers
• Bills of Exchange
• Display Changes of G/L Accounts
• Budgeting and Variance Reports
• Reports to view the Cost Centers

SAP Certification Eligibility

• Basic Knowledge of Accounting
• Basic Knowledge of Finance Business Process
• Basic Knowledge of Computer Operations

Course Duration: 30 hours

Course Schedule: Weekend and Weekday Classes

Benefits of SAP FICO

• SAP gives a more competitive cost of finance and also serves you innovate processes, team up with partners across a supply chain
• Demand for SAP FICO professional is not restricted to major cities it is shared across the globe.
• SAP FICO professionals help end user to distinguish technical features of module.
• FICO has been designed to meet all accounting and reporting requirements.
• FICO offers highly sophisticated means of financial transaction reporting and better handling of accounts.
• SAP FICO module is believed to be the central point of an integrated SAP system because everything that has a financial impact on the other modules results in flowing to FICO automatically in real time.
• FICO system can track and report on multiple companies across countries with different currencies.
• SAP FICO also automates credit and collections management and disputes if any.