SAP FICO

Course Content

Define Company

• • Define Credit Control Area
  • Edit, Copy, Delete Check company code
  • Define Business Areas
  • Maintain Controlling area
  • Assign Company code to Company
  • Assign Company code to Credit Control area
  • Assign Company code to controlling area

Financial Accounting

• • Financial Accounting Global Settings
  • Assign Company code to Fiscal year Variant
  • Define Variants for open posting periods
  • Open and Close Posting periods
  • Assign Variants to Company code
  • Define Document types
  • Define Tolerance groups to Employees
  • Maintain Field Status Variants
  • Assign Company code to Field Status Variants
  • Define Maximum Exchange Rate Difference per Company code

Cross company code transactions

• • Prerequisites for Cross company code transactions
  • Clearing accounts for Cross company code transactions
  • Clearing accounts for Cross company code transactions: Example
  • Displaying Cross company code transactions
  • Changing Cross company code transactions
  • Reversing Cross company code transactions
  • Posting business transactions in General Ledger Accounting
  • Entering business transactions in General Ledger Accounting
  • Entering G/L Account line items (General Ledger)
  • Required entry fields for G/L account line items (General Ledger)
  • G/L account number (General Ledger)
  • Additional account assignment (General Ledger)
  • Additional data for G/L account line items (General Ledger)
  • Posting valuation differences manually
  • Carrying out transfer posting
  • Posting documents in General Ledger accounting
  • Document parking enjoy transaction
  • Parking documents – enjoy transaction
  • Posting parked documents- enjoy transaction
  • Creating screen variants- enjoy transaction
  • G/L Account posting- enjoy transaction
  • Entering G/L Account Documents- enjoy transaction
  • Editing line items- enjoy transaction
  • Hold Document
  • Sample Document
  • Recurring Document
  • Reversal Document
  • Open item management
  • Posting with clearing
  • Posting G/L account documents- enjoy transaction
  • Assign Country to Calculation Procedure Tax
  • Check and change settings for tax processing
  • Define tax codes for Sales and Purchases
  • Check recipients types in Withholding tax
  • Define business place
  • Maintain Tax Due Dates
  • Define Withholding tax type for invoice posting
  • Define Withholding tax type for Payment posting
  • Define Withholding tax codes
  • Define formulas for calculating withholding tax
  • Maintain Surcharge Calculation Methods
  • Maintain Surcharge Tax codes (Separate Tax Codes)
  • Assign Withholding tax types to company codes
  • Activate Extended Withholding Tax
  • Define Accounts for withholding tax to be paid over
  • Specify Document type for Journal Vouchers in India
  • Specify Document type (Accounts Payable) in Remittance Challan
  • Specify Document type (Accounts Receivable) in Remittance Challan
  • Maintain Number Groups
  • Assign number ranges to number groups
  • Maintain number ranges
  • Maintain number groups and SAP Script forms for withholding tax certificates for vendors and customers
  • Posting of withholding tax certificates from customers
  • Assign programs for correspondence types

General Ledger Accounting

• • Edit Chart of accounts list
  • Assign Company code to Chart of Accounts
  • Define Account group
  • Define retained earnings account
  • Maintain Work lists for displaying balances
  • Define document types for Enjoy Transaction
  • Define accounts for Exchange rate differences
  • Define interest calculation types
  • Prepare account balance interest calculation
  • Define reference interest rates
  • Define time-based terms
  • Enter interest values
  • Define reasons for reversal of documents
  • Define valuation methods in foreign currency valuation
  • Prepare automatic postings for foreign currency valuation
  • Define Financial statement versions in documenting
  • Define accounts for materials management
  • Prepare revenue account determination

Accounts Receivable and Payable

• • Preparations for creating customer master data Define account groups
  • Create number ranges for customer accounts
  • Assign number ranges to customer account groups
  • Preparations for creating Vendor master data Define account groups
  • Create number ranges for Vendor accounts
  • Assign number ranges to Vendor account groups
  • Maintain Terms of Payment
  • Define accounts for cash discounts taken
  • Define accounts for lost cash discount
  • Define accounts for overpayments / underpayments
  • Define accounts for rounding differences
  • Define accounts for Bank charges
  • Define reason codes for manual outgoing payments
  • Define accounts for payment differences (manual outgoing payments)
  • Setup all Company codes for Payment transactions
  • Setup paying company codes for payment transactions
  • Setup payment methods for country for payment transactions
  • Setup payment method per company code for payment transactions
  • Setup bank determination for Payment transactions
  • Assign payment forms for payment method in company code
  • Define number ranges for checks
  • Check void reason codes
  • Define Payment block reasons
  • Define Vendor tolerances
  • Define reconciliation accounts for customer down payments
  • Define alternate reconciliation accounts for down payments for vendors
  • Define alternate reconciliation for Customers
  • Define alternate reconciliation for Vendors
  • Define accounts for automatic offsetting entry
  • Interest Posting A/R Calculation of interest on arrears
  • Interest on Arrears calculation Vendors
  • Assign forms to interest indicators
  • Define sender details for interest forms
  • Assign permitted credit control areas to company code
  • Define risk categories

Bank Accounting

• • Define House Banks
  • Create and assign business transactions
  • Define posting keys and posting rules for manual bank statement
  • Define variants for manual bank statement
  • Define global settings for electronic bank statement
  • Define alternative reconciliation accounts for bill of exchange receivable
  • Define accounts for bill of exchange transactions
  • Prepare bill of exchange charges statement
  • Define bank sub accounts when presenting to bank
  • Assign payment method to bank transaction
  • Define alternative reconciliation account for bill of exchange payable

Asset Accounting

• Assign Chart of Depreciation to company code
• Specify Account determination
• Create screen layout rules
• Define number range interval
• Define asset classes
• Define how depreciation areas post to general ledger
• Assign GL accounts
• Assign input tax indicator for non taxable transactions
• Specify Financial statement version for asset reports
• Specify document type for posting the depreciation
• Define Depreciation areas
• Specify transfer of APC values
• Specify transfer of depreciation terms
• Determine Depreciation areas in the asset class
• Specify rounding of net book value / depreciation
• Specify depreciation areas for group assets
• Specify asset classes for group assets
• Define base methods
• Define multi-level methods
• Maintain period control methods
• Maintain depreciation key
• Define screen layout for Asset master record
• Define screen layout for asset depreciation areas
• Specify entry of Net Book Value