FICO

Duration: 90 Days Daily: 1:30 Hours

SAP-FICO

(Financial Accounting and Controlling)

Trainer’s Profile:

SAP FICO Training is delivered by a real time working SAP Consultant with more than 8 Years of experience in Multi National Companies. Having vast industrial Domain experience.

Training Approach

• The Course covers various industrial business processes and how to implement in SAP
• After ensuring that every trainee has well understood the concept, the trainer will move on to explaining how to apply the same concept to a real-time project.
• The trainer will then discuss all the possible interview questions related to the concept in general as well as relating to a real time project.
• 1 Hour 30 Minutes on every working day and 2 Hours on weekends.

Course Content

                        FI- Financial Accounting-Part1

Introduction to SAP R/3 

ü  Introduction to ERP,  and  S.A.P

ü  What is S.A.P / R/2-R/3 ARCHITECTURE

ü  S.A.P Server landscape

ü  OVER VIEW OF FICO

Financial Accounting Basic Settings:

ü  Definition of  company

ü  Definition  of company code

ü  Assignment of company to company code

ü  Definition of business area

ü  Definition of fiscal year variant

ü  Assignment of fiscal year variant to company code

ü  Definition of posting period variant

ü  Assignment of posting period variant to company code

ü  Open and close posting period

ü  Defining document type & number ranges

ü  Maintenance  of field status variants

ü  Assignment of field status variant to company code

ü  Definition of tolerance groups for GL accounts

ü  Definition of tolerance groups for employees

ü  Assignment of tolerance groups   to users

ü  Taxes on Sales & Purchases (input & output)

ü  Creation of chart of Accounts

ü  Defining Accounts Groups

ü  Defining Retained Earnings Account.

General Ledger Accounting:

ü  Creation of General Ledger Master (with and with out reference)

ü  Display/Change/Block/Unblock of general ledger master

ü  Document Entry posting normal postings and posting with reference

ü  Display and change of documents

ü  Display of GL balances

ü  Display GL account line items

ü  Parked documents

ü  Hold documents

ü  Creation of Sample Document and postings with  sample documents

ü  Defining recurring entry document and postings with recurring doc.

ü  Creation of account assignment model and posting

ü  Configuration of line layouts for display of GL line items

ü  Reversal of individual documents, mass reversal ,

        reversal of cleared items and reversal of accrual and deferral documents

ü  Defining Exchange Rate types and Translation ratios

ü  Define Exchange rates &  posting of foreign currency transactions

ü  Interest calculations on term loans

ü  Accrual and Deferral  documents

Accounts Payable

ü  Creation of vendor account groups

ü  creation of number ranges for vendor master records

ü  assignment of number ranges  to vendor account groups

ü  Creation of tolerance group for vendors

ü  Creation of vendor master (display/change/block/unblock of vender master)

ü  Posting of vendor transactions (invoice posting, payment posting, credit memo)

ü  Settings for advance payments to parties (down payment)

§  and clearing of down payment against invoices (special GL transactions)

ü  Posting of partial Payment & Residual Payment

ü  Creation of payment terms,

ü  Creation of house banks and account ids.

ü  Creation of check lots and maintenance of check register

ü  Display check register

ü  Cancellation of  un issued checks

ü  Creation of void reasons

ü  Cancellation of issued checks

ü  Posting of purchase returns             

ü  Configuration of automatic payment program

ü  Payment to vendors through APP

ü  Defining correspondence & party statement of accounts

Accounts receivable:

ü  Creation of customer account groups

ü  creation of number ranges for customer master records

ü  assignment of number ranges  for customer account groups

ü  Creation of tolerance group for customers

ü  Creation of customer master (display/change/block/unblock of vender master)

ü  Posting of customer transactions (sales invoice posting, payment posting &debit memo)

ü  Settings for advance payment from parties (down payment)

ü  Configuration of settings for dunning

ü  generating the dunning letters

ü  defining correspondence and party statement of accounts

ü  Bills of exchange

ü  posting of sales returns

Asset Accounting

ü  Defining chart of depreciation

ü  creation of 0% tax codes for sales and purchased

ü  assignment of  chart of depreciation to company code

ü  Defining account determination

ü  definition of screen lay out rules

ü  definition of number ranges for asset classes

ü  Integration with General Ledger & Posting rules

ü  Defining Depreciation key

ü  definition of multilevel methods

ü  definition of period control methods

ü  creation of main asset master records

ü  creation of sub asset master records

ü  Acquisition  of fixed assets    

ü  sale of fixed assets

ü  transfer of assets

ü  Scrapping of assets,

ü  Depreciation run

ü  Line item  Settlement of assets under construction of capital work in progress

New General ledger accounting:

ü  Parallel ledgers

ü  document splitting

ü  Segments.

Reports

ü  1.Financial statement version

ü  General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

Integration

Integration of financial accounting with materials management(MM):

ü  Definition of organizational units in materials management

i.e. plant, storage location and purchase organization

ü  Assignment of organizational units to each other

ü  Definition of tolerance groups for purchase orders

ü  Definition of tolerance groups for goods receipt

ü  Definition of tolerance groups for invoice verification

ü  Definition of vendor specific tolerances

ü  Creation, display and change of material master records

ü  Creation of plant parameters

ü  Maintenance of posting periods for materials management

ü  Maintenance of parameters for invoice verification

ü  Maintenance of plant parameters for inventory management and  physical inventory

ü  Definition of attributes for material types

ü  Assignment of GL accounts for material transactions in financial accounting

(Integration of MM with FI)

ü  Creation of purchase order, posting of goods receipt, invoice verification and          

ü  Goods issue for production

Integration of financial accounting with sales and distribution (SD):

ü  Definition of sale s organization

ü  definition  of distribution channels

ü  definition of divisions

ü  assignment  among various organizational units in SD

ü  definition of partner functions

ü  definitions of shipping point and loading points

ü  definition of pricing procedures

ü  determining  the shipping points

ü  determining the pricing procedures

ü  maintenance of  SD condition types

ü  maintenance of condition records

ü  assignment of GL accounts for  sales transactions

ü  Integration of FI with SD

ü  creation of sales order

ü  initialization of stock

ü  posting  the delivery of goods

ü  creating the sales invoice

CONTROLLING-Part 2

Basic settings for controlling

ü  Defining Controlling Area

ü  Defining Number ranges for Controlling Area

ü  Maintain Planning Versions

Cost element accounting:

ü  creation of primary cost elements from  financial accounting area

ü  creation of primary cost elements from controlling area

ü  display of cost element master records

ü  change cost element master records

ü  primary cost element categories

ü  secondary cost element categories

ü  default account assignments

Cost Center Accounting

ü  Defining Cost Centre Standard Hierarchy

ü  Creation of Cost Centers and cost center groups

ü  display cost center master records

ü  change cost center master records

ü  creation of cost center groups

ü  posting to cost centers

ü  reposting of co line items

ü  Repost of Costs

ü  planning for cost centers

ü  Overhead Calculation

ü  creation of secondary cost element master records

ü  Creation and Execution of Distribution Cycle

ü  creation and execution of assessment cycles

ü  cost center reports

Internal Orders

ü  Defining order types

ü  Creation of internal order master records

ü  display internal order master records

ü  change internal order master records

ü  postings to internal orders

ü  planning for internal orders

ü  reposting co line items for internal orders

ü  repost of costs for internal orders

ü  Report of Variance analysis for internal orders

ü  creation of real internal orders

ü  posting  of business transaction to real orders

ü  definition of allocation structures

ü  definition of settlement profiles

ü  definition of planning profiles

ü  settlement of real internal orders

ü  budgeting and availability control

ü  maintain number ranges for budgeting

ü  define tolerances for availability control

ü  specification of exempt cost elements from availability control

ü  maintenance of budget manager

Profit Center Accounting

ü  Basic Settings for Profit Center Accounting

ü  Creation of Dummy Profit Centers

ü  maintenance of control parameters for actual postings

ü  Maintaining planning versions for profit centers

ü  maintaining the number ranges for profit center documents

ü  Creation of profit center master records

ü  display of profit center master records

ü  changing the profit center master records

ü  Creation of revenue cost elements

ü  Automatic Assignment of Revenue elements for Profit Centers

ü  assignment of  profit centers in cost center master records

ü  creation of account groups in profit center accounting for planning

ü  planning for profit and loss account items

ü  planning for balance sheet items

ü  posting of transactions  into profit centers

ü  generating the variance reports for profit and loss account items

ü  Generating the variance reports for balance sheet items.

Profitability analysis(CO-PA)

ü  Maintaining the operating concern

ü  Define profitability segment characteristics

ü  Assignment of controlling area to operating concern

ü  Activating the profitability analysis

ü  Define number ranges for actual postings

ü  Mapping of SD conditions types to COPA value fields

ü  Creation of reports

ü  Viewing the reports

Product costing:(CO-PC)

Product cost planning:

ü  creation of bill materials

ü  creation of activity type master records

ü  planning for activity hours

ü  activity type price calculation

ü  creation of work center master records

ü  creation of routings

ü  defining cost sheet( over head structures)

ü  assignment of cost sheet to costing variant

ü  creation of cost estimate with quantity structure

ü  marking

ü  releasing

ü  Creation of cost estimate without quantity structure

Real Time Scenarios

ü  Resolving Tickets

ü  LSMW

ü  Implementation Overview(ASAP)

ü  Support and Maintenance Process

ü  Functional Specifications

ü  Tables

ü  Interview Questions

ü  Resume Preparation

BENEFITS:

ü  100% Training provided by 8+ years Experienced professionals

ü  100% Practicals on configuration & implementation (End to End Implementation).

ü  100% Open Discussion on Topic & Doubts clarification.

ü  Resume Making as per IT.

ü  Excellent implementation Material.

ü  100% Placement Assistance.

ü  SAP Software installation to your personal PC for practice.

ü  Interview Tips with Transaction codes and Functional Skills.