SAP FICO

Basic Settings 

 Overview of Organizational Elements in Accounting

 Organizational Units

 Define and Assign Organizational Units for Finance: Ex: – Country, Regions, Company, Company Codes, Business Areas, Functional Areas, e.t.c…

 Variant Principle

 Fiscal Year and Posting Periods

 Field Status Variants

 Document types and Number Ranges

 Posting Keys

 Define Tolerance for GL Accounts and Employees

 Global Parameters

General Ledger

 Master Data Overview

 Chart of Accounts

 Types of Chart of Accounts

 Define and Assign Chart of Accounts,

 Define Account Groups and Screen Layout for GL Accounts,

 Define Retained Earnings Account,

 Creations of GL Accounts Master Records,

 Postings, Display GL Account Balances and Document.

Currencies

 Maintain Exchange Rates Maintain Table

 Define Translation Ratios for Currency

 Define Accounts for Exchange Rate Differences

 Posting with Foreign Currency

Accounting Documents

 Parking Document

 Holding Document

 Reference Document

 Recurring Document

 Sample Document

 Account Assignment Model

 Fast Data Entry

Reversals

 Individual Reversals

 Mass Reversals

 Reversals of Reversals

 Cleared item Reversals

Bank Accounting

 Define House Banks with Bank Accounts

 Creation of check number ranges for check lot

 Define void reason codes

 Issue of a check

 Manual payment

 Cancellation of issue check with reason codes

 Check register

Validations and Substitutions

 Validations and Substitution

 Define Validation for posting

 GL Posting to check Validation

Accounts Payables

 Overview on Procurement Process

 Overview on Vendor Master Data

 Define Account Groups with Screen Layout

 Define Number Ranges for Vendor Accounts

 Assign Number Ranges to Vendor Account Groups

 Reconciliation Accounts

 GL Account Creation

 Creation of Vendor Master Records

 Vendor Document Types and Number Ranges

 Posting Keys  Define Payment Terms

 Define Tolerance for Vendors/Customers

 Posting of Purchase Invoices

 Display Vendor Line Items

 Outgoing Payments

 Vendor Clearings

 Credit Memo Postings

 Special GL Transactions (Down Payments Made)

 Posting Down Payments

 Clearing of Down Payments against Invoices

 Reason Codes for under and over Payment

 Automatic Payment Program

Accounts Receivables

 Overview on Sales Process

 Complete Customer Master Data

 Define Account Groups with the Screen Layouts

 Create Number Ranges to Customer Accounts

 Assign Number Ranges to Customer Account Groups

 Reconciliation Accounts

 Create Customer Master Records

 Document Types and Number Ranges

 Posting Keys

 Payment Terms

 Posting of Sales Invoices

 Incoming Receipt with Clearings

 Display Customer Line Items

 Display GL Account Balances

 Special GL Transactions (Down Payments Received)

 Posting of Down Payments (Advance Receipt)

 Clearing of Down Payments

 Customer Credit Memo

 Dunning Procedure.

Management of Account

 Open Item Management

 Types of Payments

 Standard Payment

 Partial Payment

 Residual Payment