SAP Financial Accounting (FICO)

Configure and use organizational units, master data and documents for Financial Accounting. Configure and use the SAP business processes (such as payment, dunning, correspondence and individual closing).



Prerequisites.

  1. Business knowledge of the Financial Accounting component-Financials.
  2. SAP Basic Navigation.

Course Highlights

  • Latest version of SAP 6.0 ECC.
  • Concept of New General Ledger.
  • SAP Financial Integration experience.
  • Working with Actual Business Scenarios
  • Introduction - the concept of the New General Ledger.
  • System configuration (activating the new general ledger, defining and deriving segments, assigning scenarios, defining customer-specific fields).
  • Documents and document splitting.
  • Integration with Financial Accounting subsidiary ledgers and with Controlling (real-time integration of Controlling into Financial Accounting).
  • Reporting (=> Using the new Financial Accounting drill down reporting function (segment reporting) and the new G/L account balance display).
  • Closing operations.
  • Parallel valuation and the new general ledger (introduction of the ledger solution in the new general ledger and the integration of this solution into Asset Accounting).

Using the New GL Functionality, we will work on the following:

1. Organization Structure

  • Client.
  • Chart of accounts.
  • Company code.
  • Credit control area.
  • Sales organization.
  • Purchasing organization.
  • Chart of depreciation.
  • Controlling area.

2. Master Records

  • GL accounts.
  • Customers.
  • Vendor.
  • Banks.
  • Account groups.
  • Number ranges.
  • General Ledger.
  • Sub-ledger.

3. Documents

  • Document header.
  • Line items.
  • Document type.
  • Special document types.
  • Document number ranges.
  • Posting keys.
  • Field status definition.
  • Payment terms.

4. Posting periods

  • Posting periods.
  • Fiscal Year.

5. Accounts/line items

  • Display formats.
  • Allocation fields.
  • Work lists.

6. Foreign Currency

  • Foreign Currency keys.
  • Parallel currencies.
  • Exchange rates.

7. Other special features

  • Fast entry.
  • Inter-company transactions.
  • Hold data.
  • Document parking.

8. Reference documents

  • Actual documents.
  • Sample documents.
  • Account assignment models.
  • Recurring documents.

9. Reports

  • Delivered reports.
  • Variants.

10. Incoming payments

  • Partial Residual payments.
  • Foreign currency.
  • Payment advices.

11. Account analysis

  • Payment history.
  • Credit limit.
  • Clearing procedures.

12. Outgoing payments

  • Payment program.

13. Clearing

  • Selection options.
  • Reset cleared items.

14. Closing using New GL

  • Month- end closing.
  • Yearend closing.

15. Preparing a Balance Sheet

  • Foreign Currency.
  • GR/IR clearing.
  • Accrual / Deferral documents.

16. Valuating Foreign Currency

  • Open items.
  • Balance Sheet accounts.

17. Financial Statements

  • Main structures.
  • Financial statement versions.

18. Integration of FICO with other SAP

  • MM Integration & Invoice verification.
  • SD Integration & Billing.

19. Special General Ledger Transactions

  • Down Payments.
  • Guarantees.

SAP Cost Controlling

Prerequisites

  1. Functional Knowledge of Cost Accounting is must.
  2. General account knowledge.

Course Highlights

1. Overhead cost controlling

  • Tasks in overhead cost controlling.
  • Organization units in CO.

2. Master data in Cost element and cost center Accounting

  • Master data and transaction data.
  • Cost elements.
  • Cost center.
  • Statistical key figures.

3. Transaction - Based posting

  • Number assignment for CO documents.
  • Account assignment logic.
  • Automatic and default account assignment.
  • Transaction-based posting in CO.

4. Periodic allocations

  • Periodic reporting.
  • Distribution.
  • Assessment.
  • Valuation with activity prices.
  • Actual cost splitting.

5. Planning in cost center accounting

  • Planning scope and techniques.
  • Versions.
  • Planning screens.
  • Distribution keys.
  • Plan cost splitting.
  • Planning aids.

6. Information system

  • Standard reports.
  • Report painter.
  • Report tree.