INTRODUCTION
SAP FICO Online Training
Overview:
SAP FICO refers to the Finance (FI) & Controlling (CO) is the Core modules of SAP ERP technique.
SAP FI (Financial Accounting) is an important core module in SAP where
in live time the financial processing transactions are captured. This is
used to generate statutory Financials Statements in which information
is drawn for outside reporting purposes.
SAP CO (Controlling) module is provides operational information to the
management of a company to support business analysis &
decision-making.
Training Objectives of FICO:
SAP FICO Module is used for those who are in the Finance and
Accounting Professionals, who wish to delve into a creative and
interactive scenario by which they can apply their Real Time experience
and expertise to another level of fantastic intellectual stimulation.
Target Students / Stipulations:
The primary Requirement for Students is must and ought to have any
commerce degree. The Students WHO have worked within the book keeping
and cost accounting field are the proper candidates who will basically
grasp the Subject. The Students must have the knowledge on essential
knowledge of domain, accounting, quality management and recording
knowledge. We also provide
SAP MM Online classes
SAP FICO ONLINE TRAINING COURSE CONTENT
• Introduction to SAP R/3
• Introduction to ERP, Advantages of SAP over other ERP Packages
• Introduction to SAP R/3 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 Posting Documents in GL
• 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
• Valuation of foreign currency loans
• Accounts Payables
• 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
• Settings for TDS transactions
• Noted items for accounts payable
• 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
• Noted items for accounts receivable
• 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
• CONTROLLING
• Basic settings for controlling
• Defining Controlling Area
• Defining Number ranges for Controlling Area
• Maintain Planning Versions
• Cost element accounting:
• Creation of primary cost elements from financial accounting area
• Creation of primary cost elements from controlling area
• Display of cost element master records
• Change cost element master records
• Primary cost element categories
• Secondary cost element categories
• reation of primary cost element grups
• Default account assignments
• Cost Center Accounting
• Defining Cost Center Standard Hierarchy
• Creation of Cost Centers and cost center groups
• Display cost center master records
• Change cost center master records
• Creation of cost center groups
• Posting to cost centers
• Reposting of co line items
• Repost of Costs
• Planning for cost centers
• Overhead Calculation
• Creation of secondary cost element master records
• Creation and Execution of Distribution Cycle
• Creation and execution of assessment cycles
• Creation and execution of periodic re- postings
• Cost center reports
• Internal Orders
• Defining order types
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Email id:info@spectoittraining.com
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