SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data.
SAP FI – Basics
01. What is SAP
02. What is ERP
03. What is SAP FICO
04. Accounting Entries in SAP
SAP FI – Organization Structure
01. Define Company
02. Define Company Code
03. Create new companies by copying existing company code
04. Assign Company Code to Company
05. Define Business Area
06. Define Functional Area
07. Define Credit Control
08. Assign Company Code to Credit Control
09. Define Segments
10. Define Financial Management Area
11. Enterprise Structure Transaction Codes
SAP FI – Financial Accounting Global Settings
01. Activate new General Ledger Accounting
02. Maintain Fiscal Year Variant
03. Assign Company Code to Fiscal Year Variant
04. Define variants for Open Posting Periods
05. Open and Close Posting Periods
06. Assign Posting Period Variant to Company Code
07. Define Field Status Variants
08. Assign Company Code to Field Status Variants
09. Define Posting Keys
10. Define Document Types
11. Define Document Number Ranges
12. Define Tolerance Group for Employees
13. Define Tolerance Group for G/L Accounts
14. Assign Users to Tolerance Group
15. Global Parameters for Company Code
16. Define Additional Local Currencies for Company code
SAP FI – General Ledger
01. Define Chart of Accounts
02. Assign Company Code to Chart of Accounts
03. Define Account Groups
04. Define Retained Earnings Account
05. Define sample account rule types
06. Define data transfer rules
07. Assign company code to rule type
08. Create Sample Account
09. Create General Ledger Account
10. Accounting Entries in SAP
11. Define Financial Statement Versions
Tax Configuration
01. Tax calculation procedure
02. Tax condition types
03. Assign country to the calculation procedure
04. Jurisdiction code structure
05. Maintain Tax code
06. Allow tax codes for non-taxable transactions
SAP FICO – GST Configuration
01. GST Calculation procedure
02. Assign country to GST tax calculation procedure
03. Define access sequence
04. Define condition types for GST
05. Define account keys in SAP for GST
SAP FI- Accounts Payable
01. Create Vendor Account Groups
02. Create Number Ranges for Vendor Accounts
03. Assign the number ranges to Vendor account groups
04. Create Sundry Creditors Account
05. Define Tolerances Group for Vendors
06. Vendor Payment Terms
07. Create Vendor Master Data
08. Automatic Payment Program
SAP FI- Accounts Receivable
01. Create Customer Account Groups
02. Create Number Ranges for Customer Accounts
03. Assign Number Ranges to Customer Account groups
04. Define Tolerances Group for Customer
05. Customer Payment Terms
06. Create Customer Master Record
07. Dunning procedure configuration
Bank Accounting
01. Create bank key
02. Define House bank
03. Global Settings for Electronic Bank Statement
Treasure Management
01. Define Lockboxes
02. Define lockbox posting data
03. Define source symbols
SAP FI – Asset Accounting
01. Chart of Depreciation
02. Assign Chart of Depreciation to Company Code
03. Specify Account Determination
04. Create Screen Layout Rules
05. Maintain asset number ranges
06. Define Asset Classes
07. Determine Depreciation area in the Asset Class
08. Assignment of General Ledger Accounts
09. Define Screen Layout for Asset master data
10. Define Screen Layout for Asset Depreciation Areas
11. Maintain Depreciation key
Investment Management
01. Define investment program types
02. Assign program types to operative objects
03. Define Investment Profiles
04. Define Investment Plan Profiles
05. Define budget profile
06. Define Budget Categories