Course Description

SAP FICO is an essential functional module of SAP ERP comprised of two key components, Financial Accounting (FI) and Controlling (CO). SAP FI is centered around financial reporting and accounting management, while SAP CO emphasizes planning and monitoring costs throughout the entire organization.

The SAP ERP fully integrated SAP FICO modules help organizations improve the quality of their financial data, record financial transactions more accurately, and analyze an organization’s financial conditions with enhanced visibility.

SAP Financial Accounting is one of the most essential modules throughout the entire SAP ecosystem, and it helps organizations in various industries store financial data, assess the current condition of essential financial business processes, and maximize the productivity of other finance accounting functions within the system.

SAP FI also comes with pre-built integrations that connect it to other SAP modules and applications, like SAP Sales and Distribution, Materials Management, and more.

SAP Controlling is directly related to the Finance Accounting module in SAP and helps organizations configure master data and manage profit centers, internal orders, and other functional areas of costing.

SAP CO can also be integrated with SAP Materials Management, Production Planning, Quality Control, and more.

Course Syllabus

SAP -Financial Accounting and Controlling (FICO)

SAP HANA, SAP S/4HANA, & SAP Fiori:

• Introducing
• SAPIntroduction to SAP HANA
• Introducing SAP S/4 HANA
• SAP ASAP & SAP Activate Methodology
• SAP Fiori Introduction

Overview of business processes in financials and controlling

Roles & Responsibilities of FICO Consultant

• Process Flow
• Elimination
• Strategy Project
• Gap Analysis
• Documentation
• Implementation
• Training
• Support
• Overview of SAP implementation tools and ASAP Methodology
• Overview of SAP master data
• Overview of SAP architecture / Hierarchy

Land Scape System in Organization

• Development / Sandbox
• Quality / Test
• Production

Financial Accounting (FI) module

Basic Settings

Define Country / Currency / STD / Fax / Date Format Etc

Define Currency

Maintain Calendar

Enterprise Structure

Definition

• Define Company
• Define Company code
• Define Credit control Area
• Define Business Area
• Define Functional Area
• Maintain consolidation business area

Assignment

• Assign company code to company
• Assign company code to credit control area
• Assign Business area to consolidated Business area

Financial Accounting Global Settings

• Define Posting Period
• Assign Posting Period
• Define Fiscal Year
• Assign Fiscal Year
• Define Field Status
• Assign Field Status
• Define Chart of Accounts
• Assign Chart of Accounts
• Define Tolerance group for employees
• Assign Tolerance groups to employees
• Define Account groups
• Assign Account groups
• Document types

G/L accounting

Creation of G/Ls:

• Master Data
• Document Control
• Posting Control
• Posting Tips
• Currencies
• Categories of Documents
• Hold Document
• Create / Change / Display Park Document
• Create / Change / Display Sample Document
• Create / Change / Display
• Account Assignment Model
• Create / Change / Display
• Recurring Document
• Create / Change / Display

Cash Journal

• Create G/L Account for Cash Journal
• Define Document Types for Cash Journal Documents
• Define Number Range Intervals for Cash Journal Documents
• Define Numbering Groups
• Define Number Ranges for Numbering Groups
• Set Up Cash Journal
• Create, Change, Delete Business Transactions
• Set Up Print Parameters for Cash Journal
• Posting of Cash journal : FBCJ

Tax Configuration

• Country Level Settings
• Basic Settings
• Tax Procedure
• Calculation
• Posing Master Level Configuration
• G/L Level Configuration

Withholding Tax Configuration

• Procedure
• WHT Keys
• WHT Types
• WHT Code
• Procedure
• Calculation
• Posting
• WHT Form

Accounts payable accounting

• Create Account Group
• Number Range
• Assignment
• Define Tolerance’s (Vendors)
• Maintain Document Number Ranges
• Master Records
• Recon A/c
• Posting Invoice from vendor
• Vendor Debit memo
• Outgoing payment to vendor
• Line Item Display
• Balance Display

Down payment

• Creation of Special GL for down payment
• Define Alternative Recon A/c for vendor down payment
• Down payment to vendor
• Adjustment in vendor Balance against down payment
• Clearing against Down payment

Accounts receivable accounting

• Create Account Group
• Number Range
• Assignment
• Define Tolerance’s (Customers)
• Maintain Document Number Ranges
• Master Records
• Recon A/c
• Posting Invoice to Customer
• Customer credit memo
• Incoming payment from customer
• Line Item Display
• Balance Display
• Master Records
• Recon A/c

Down Payment

• Creation of Special GL for down payment
• Define Recon A/c for Customer down payment
• Down payment to Customer
• Adjustment in Customer Balance against down payment
• Clearing against Down payment

Dunning Procedure

• Area
• Level
• Charges
• Texts
• Format
• Dunning
• letters

Terms of Payment

• GL configuration for terms of payment
• Maintain terms of payment using discount with customer and vendor
• Maintain terms of payment using installment method with customer and vendor

New General Ledger :

• Deactivate Update of Classic General Ledger (GLT0)
• Define Ledgers for General Ledger Accounting
• Define Currencies of Leading Ledger
• Assign Scenarios and Customer Fields to Ledgers
• Define Segment
• Activate 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
• Define Document Splitting Characteristics for Controlling
• Define Document Types for General Ledger View
• Define Document Number Ranges for General Ledger View
• Define and Activate Non-Leading Ledgers
• Posting of documents using new GL

Credit Management:

• Define credit control area
• Define Groups
• Define Risk Categories
• Define Credit Representative Groups
• Assign credit limit with individual customer
• Posting invoice with customer and credit limit test.

Automatic Payment program :

• House Banks
• FBZP Configuration
• Set up all company code for payment transaction
• Set up All Paying Company
• Set up payment method in country payment transaction
• Set up payment method per company code for payment transaction
• Set up Bank Determination for payment transaction
• Maintain Vendors
• Maintain G/L

Check lot configuration

• Check Lots
• Check Register
• Check Management
• Renumber / Delete / Void Checks

Automatic Payment program using different payment methods

1. APP using payment method through cheque

2. APP using payment method Data Medium exchange (DME) with Payment medium work bench (PMW)

FI-MM Integration

• Purchase cycle
• Overview of Purchase Requisition / PO / MIGO/ invoice verification
• Overview- Plant / PO / Material Master
• Assignment
• Maintain Company Code - MM
• Valuation Class
• Material Type
• Movement Type
• Automatic Account Determination
• Closing

1. Month End Activities
2. Year End Activities

FI-SD Integration

Sales Cycle

Overview of Sales Order / Delivery Note/ Goods Movement / Payment

Overview of Sales Organization / Distribution Channel / Sales Areas

Assignment

VKOA transaction

Asset Management module

• Set up chart of depreciation
• Set up/modification in depreciation area for country
• Set up Account Determination in asset accounting
• Maintain number range interval for asset master
• Maintain Screen Layout rule
• Define Asset Class
• Depreciation Key
• Calculation method of Depreciation
• Base line and multilevel method
• Determination of Depreciation area into asset class
• Integration between Asset accounting and GL accounting
• Creation of Asset / Asset Master Acquisition of Asset
• At main number level
• At sub number level
• Capitalization of Asset
• Retirement of Asset with revenue
• Loss on Asset sale
• Loss on scraping of Asset
• Transfer of Asset within company code
• Unplanned Depreciation
• Asset Transaction: Acquisition with offsetting Entry
• Depreciation Run

Controlling (CO) module

1:- Enterprise controlling

• Create Controlling Area
• Maintain Versions
• Number Range

2:- Cost element accounting (Merged in FI in S4 HANA)

• Define cost element group
• Create Cost Elements
• Primary
• Secondary

3:-Cost center accounting

• Creation CC (Cost Centers)
• Creation CG (Cost Center Groups)
• Posting of planned values and actual
• Analysis through Comparison between
• planned and actual values

4:- Internal Orders

• Settlement cost element
• Allocation structure
• Settlement profiles
• Number ranges
• Order types
• Creation of orders
• Posting of planned & actual values
• Analysis through Comparison between planned and actual values.

INFORMATION SYSTEM

Overvew and analysis of all the reports

Ex:- GL, AR/AP, Asset accounting, Balance sheet,

Profit and loss accounting and Controlling etc.

Profit center Accounting (PCA)

• Basic settings:
• Maintain Controlling area settings
• Create dummy profit center
• Set control parameters for actual data
• Maintain planned versions
• Create profit center group

Master data:

• Maintain standard hierarchy
• Create profit center
• Change/Delete profit center

LSMW: Legacy System Migration workbench ------

• Maintain Object Attributes
• Maintain Source Structures
• Maintain Source Fields
• Maintain Structure Relations
• Maintain Field Mapping and Conversion Rules
• Maintain Fixed Values, Translations, User-Defined Routines
• Specify Files
• Assign Files
• Read Data
• Display Read Data
• Convert Data
• Display Converted Dat
• Create Batch Input Session
• Run Batch Input Session

Guidance on ASAP Methodology:

• Project preparation
• Business blue print
• Realization
• Final preparation
• Go live and support

Phase 1 Project Preparation - The primary focus of Phase 1 is getting the project started, identifying team members and developing a high-level plan.

Phase 2 Business Blueprint - The primary focus of Phase 2 is to understand the business goals of the company and to determine the business requirements needed to support those goals.

Phase 3 Realization - The purpose of this phase is to implement all the business and process requirements based on the Business Blueprint. You customize the system step by step in two work Packages, Baseline and Final configuration.

Phase 4 Final Preparation - The purpose of this phase is to complete testing, end-user training, system management and cut over activities. Critical open issues are resolved. Upon the successful Completion of this phase, you will be ready to run your business in your productive R/3 system.

Phase 5 Go Live and Support - Transition from a project oriented, pre-productive environment to a successful and live productive operation.

• LSMW: Legacy System Migration workbench is a data uploading tool used for uploading master data for various modules.
• Solution Manager: SAP Solution Manager supports you throughout the entire life-cycle of your solutions,
• from the Business Blueprint to the configuration to production processing. It provides central access to tools, methods and preconfigured contents
• which you can use during evaluation, implementation and operational processing of your systems.
• check this link to explore more,

Guidance on Support project :

Day to day activities Type of

incidents/tickets Tools used in

Support project

Full training on how to get the incidents and resolve them.

How to assign incident/tickets to other group etc.

Difference between service request/incident and enhancement.

Difference between Implementation / Roll out and support project.

Project & Interview Tips