SAP FICO

Introduction to SAP R/3

• Introduction to ERP,  and  S.A.P
• What is S.A.P / R/2-R/3 ARCHITECTURE
• A.P Server landscape
• OVER VIEW OF FICO

 Financial Accounting Basic Settings:

• Definition of  company
• Definition  of company code
• Assignment of company to company code
• Definition of business area
• Definition of fiscal year variant
• Assignment of fiscal year variant to company code
• Definition of posting period variant
• Assignment of posting period variant to company code
• Open and close posting period
• Defining document type & number ranges
• Maintenance  of field status variants
• Assignment of field status variant to company code
• Definition of tolerance groups for GL accounts
• Definition of tolerance groups for employees
• Assignment of tolerance groups   to users
• Taxes on Sales & Purchases (input & output)
• Creation of chart of Accounts
• Defining Accounts Groups
• Defining Retained Earnings Account.

 General Ledger Accounting:

• Creation of General Ledger Master (with and with out 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
• Hold 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

Accounts Payable

• Creation of vendor account groups
• creation of number ranges for vendor master records
• assignment of number ranges  to vendor account groups
• Creation of tolerance group for venders
• 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
• Creation of payment terms,
• Creation of house banks and account ids.
• Creation of check lots and maintenance of check register
• display check register
• cancellation of  un issued checks
• creation of void reasons
• cancellation of issued checks
• posting of purchase returns
• Configuration of automatic payment program
• Payment to vendors through APP
• Defining correspondence & party statement of accounts

 Accounts receivable:

• Creation of customer account groups
• creation of number ranges for customer master records
• assignment of number ranges  for customer account groups
• Creation of tolerance group for customers
• Creation of customer master (display/change/block/unblock of vender master)
• Posting of customer transactions (sales invoice posting, payment posting, debit memo)
• Settings for advance payment from parties (down payment)
• Configuration of settings for dunning
• generating the dunning letters
• defining correspondence and party statement of accounts
• Bills of exchange
• posting of sales returns

Asset Accounting

• Defining chart of depreciation
• creation of 0% tax codes for sales and purchased
• assignment of  chart of depreciation to company code
• Defining account determination
• definition of screen lay out rules
• definition of number ranges for asset classes
• Integration with General Ledger & Posting rules
• Defining Depreciation key
• definition of multilevel methods
• definition of period control methods
• 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

New General ledger accounting:

• Parallel ledgers
• document splitting
• Segments

Reports

• Financial statement version
• General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

Integration of financial accounting with materials management:

• Definition of organizational units in materials management i.e. plant, storage location and purchase organization
• Assignment of organizational units to each other
• Definition of tolerance groups for purchase orders
• Definition of tolerance groups for goods receipt
• Definition of tolerance groups for invoice verification
• Definition of vendor specific tolerances