SAP FICO

This training help participants learn how to configure and implement SAP’s FI and CO modules to maximize functionality and features hands‐on, step‐by‐step instructions and real‐world examples that provide immediate and practical solutions.

COURSE OBJECTIVE

LESSON PLANS


​SESSION 1: FINANCIAL ACCOUNT BASIC SETTINGS
Session Goal
  • 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 employee.
  • Assignment of tolerance groups to users.
  • Taxes on Sales & Purchases (input & output).
  • Creation of chart of Accounts.
  • Defining Accounts Groups.
  • Defining Retained Earnings Account.
  • Document number ranges, Document Type & Document Posting.

​SESSION 2: NEW GENERAL LEDGER ACCOUNTING
Session Goal
  • Creation of General Ledger Master (with and without reference).
  • Display/Change/Block/Unblock of General Ledger master/balance display.
  • 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 & Hold documents.
  • Creation of Sample Document and postings with sample documents.
  • Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents.
  • Exchange Rate types and Translation ratios.
  • Exchange rates & posting of foreign currency transactions.

​SESSION 3: ACCOUNTS PAYABLE
Session Goal
  • Vendor Account Group creation.
  • Number ranges creation for vendor master records.
  • Assign number ranges to vendor account groups.
  • Creation of tolerance group for vendors.
  • Vendor master data & Reconciliation account creation.
  • Posting 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 partial Payment & Residual Payment.
  • Payment terms creation,
  • 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.
  • Settings for TDS transactions – TDS on contractor’s fees.

​SESSION 4: ACCOUNTS RECEIVABLE
Session Goal
  • Customer account groups creation.
  • Create number ranges for customer master records.
  • Assign number ranges for customer account groups.
  • Create tolerance group for customers.
  • Create customer master data (display/change/block/unblock of vendor master).
  • Posting of customer transactions (sales invoice posting, payment posting, debit memo).
  • Settings for advance payment from parties (down payment).
  • Payments from Customers, Open item management, Discount allowed & Dunning Procedure.
  • Special GL transactions, defining Dunning Procedure & Assign.
  • Dunning Procedure.
  • Configuration of settings for dunning.
  • Generating the dunning letters.
  • Bills of exchange.

​SESSION 5: ASSET ACCOUNTING
Session Goal
  • Chart of depreciation.
  • Depreciation area.
  • Assignment of chart of depreciation to company code.
  • Creation of 0% tax codes for sales and purchased & Assign.
  • Input tax indicators.
  • Account determination & Asset Class.
  • Number ranges for asset classes.
  • Creation of Asset GL accounts.
  • Integration with GL & Posting rules.
  • Accumulated depreciation accounts/Sale of Asset/Loss on sale of asset/Scrap GL account
  • Defining Screen lay out rules - Asset class/Asset master/depreciation areas.
  • Depreciation key.
  • Define Base Method, Multi-level Method & Period Control Method.
  • Creation of main asset master records & sub asset master records.  
  • Asset transactions.
  • Acquisition of fixed assets.
  • Sale of fixed assets.
  • Transfer of assets.
  • Scrapping of assets.
  • Depreciation run & display of balances.

​​SESSION 6: REPORTS & INTEGRATION
Session Goal
  • Financial statement version.

  • Reports in GL, List of accounts & List of journal entries.
  • Reports in Accounts Payable, Accounts Receivable & Assets.
  • Reports.
  • SD-FI/MM-FI and CO-FI Integration.

​SESSION 7: BASIC SETTINGS FOR CONTROLLING
Session Goal
  • Defining Controlling Area.
  • Number ranges for Controlling Area.
  • Maintaining Planning Versions.

​SESSION 8: COST ELEMENT ACCOUNTING
Session Goal
  • Manual Creation of Cost Elements.
  • Automatic Creation of Cost Elements.
  • Primary cost elements from financial accounting area.
  • 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.
  • Primary cost element groups.
  • Default account assignments.   
 
​SESSION 9: COST CENTER ACCOUNTING
Session Goal
  • Creation of Cost Center.
  • Define Cost Center Group.
  • Cost Center Standard Hierarchy.
  • Creation of cost center groups.
  • Posting to the Cost Center.
  • Display cost center master records.
  • Display CO. Document.
  • Change cost center master records.
  • Display Actual Line Items.
  • Statistical Key Figures.
  • Re-posting of Line Items.
  • Re-posting of Cost (Manually).
  • Creation of secondary cost element master records.
  • Cost center reports.
  • Periodic Re-posting.
  • Distribution, Distribution cycles.
  • Run Distribution cycles.
  • Assessment, Assessment Cycles.
  • Run the assessment Cycles.
  • Planning.
  • Differences between periodic re-posting & Distribution.
  • Differences between distribution and assessment.
 
​SESSION 10: INTERNAL ORDERS
Session Goal
  • Define Order types.
  • Creation of internal order master records.
  • Number Ranges for Orders.
  • Display internal order master records.
  • Change internal order master records.   
  • Postings to internal orders.
  • Posting of Values – Statistical and Real.
  • Planning for internal orders.
  • Re-posting co line items for internal orders.
  • Re-post of costs for internal orders.
  • Report of Variance analysis for internal orders.
  • Creation of real internal orders.
  • Posting of business transaction to real orders.
  • Allocation structures.
  • Settlement of Order. 
  • Planning.
  • Define Settlement Rule in Order Master Data.
  • Settlement profiles & Number Ranges for Settlement Documents.
  • Settlement of real internal orders.
  • Budgeting and availability control.   
  • Maintain number ranges for budgeting.
  • Define tolerances for availability control.
  • Specification of exempt cost elements from availability control.
  • Maintenance of budget manager.
 
​SESSION 11: PROFIT CENTER ACCOUNTING
Session Goal 
  • Maintenance of control parameters for actual postings. 
  • Maintaining planning versions for profit centers.
  • Maintaining the number ranges for profit center documents.
  • Creation of profit center master records.
  • Display of profit center master records.
  • Assign Cost Center to Profit Center.
  • Changing the profit center master records.
  • Creation of revenue cost elements.
  • Automatic Assignment of Revenue elements for Profit Centers.
  • Assignment of profit center in cost center master records.
  • Creation of account groups in profit center accounting for planning.
  • Planning for profit and loss account items.
  • Planning for balance sheet items.
  • Posting of transactions into profit centers.
  • Posting – Revenue and Expenses.
  • Planning.
 
​SESSION 12: SAP BW REAL TIME/PROJECT SCENARIOS
Session Goal
  • Define Operating Concern.
  • Maintaining the operating concern.
  • Value fields & Characteristic.
  • Define profitability segment characteristics.
  • Assignment of controlling area to operating concern.
  • Activating the profitability analysis.
  • Define number ranges for actual postings.
  • Mapping of SD conditions types to COPA value fields.
  • Creation of reports.
  • Viewing the reports.   
  • Report in report painter.
CASE STUDY AND PROJECTS
Case studies are integral part of training. As part of this course we will ensure you  implement Real-time Case studies ​in various domains which includes:
  • Banking.
  • Telecom
  • Ecommerce.
  • HealthCare.​
These case studies will be evaluated by domain experts and you would get an opportunity to get Feedback on the work.
TRAINING FEATURES
1) Extensive Real Time Live Examples, Projects & POCs for improved practical competency, ensure deployment readiness and implementation.
2) Custom Lab, Software and Environment provided with Real-time Project Simulation.
3) Recorded Videos complemented with corresponding lecture ppts, materials & lab guides. (Provided in the form of MP4 videos, pdf, ppt for offline access as well).
4) Certification and Job-Interview Counselling & Coaching after every training.