SAP FICO  Training Concepts :

✔Introduction to SAP R/1

✔Introduction to ERP, Advantages of SAP over other ERP Packages

✔Introduction to SAP R/1 FICO

Financial AccountingBasic Settings:

✔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 employees

✔Assignment of tolerance groups to users

✔Taxes on Sales & Purchases (input & output)

✔Creation of chart of Accounts

✔Defining Accounts Groups

✔Defining Retained Earnings Account

✔General Ledger Accounting

✔Creation of General Ledger Master (with and with out reference)

✔Display/Change/Block/Unblock of general ledger master

✔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 documents

✔Hold documents

✔Creation of Sample Document and postings with sample documents

✔Defining recurring entry document and postings with recurring doc

✔Creation of account assignment model and posting

✔Configuration of line layouts for display of GL line items

✔Reversal of individual documents, mass reversal , reversal of cleared items and

✔reversal of accrual and deferral documents

✔Defining Exchange Rate types and Translation ratios

✔Define Exchange rates & posting of foreign currency transactions

✔Interest calculations on term loans

✔Accrual and Deferral documents

✔Valuation of foreign currency loans

✔Accounts Payables

✔Creation of vendor account groups

✔Creation of number ranges for vendor master records

✔Assignment of number ranges to vendor account groups

✔Creation of tolerance group for venders

✔Creation of vendor master (display/change/block/unblock of vender master)

✔Posting of 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 of partial Payment & Residual Payment

✔Creation of payment terms,

✔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

✔Payment to vendors through APP

✔Defining correspondence & party statement of accounts

✔Settings for TDS transactions

✔Noted items for accounts payable

✔Accounts Receivable:

✔Creation of customer account groups

✔Creation of number ranges for customer master records

✔Assignment of number ranges for customer account groups

✔Creation of tolerance group for customers

✔Creation of customer master (display/change/block/unblock of vender master)

✔Posting of customer transactions (sales invoice posting, payment posting, debit memo)

✔Settings for advance payment from parties (down payment)

✔Configuration of settings for dunning

✔Generating the dunning letters

✔Defining correspondence and party statement of accounts

✔Bills of exchange

✔Posting of sales returns

✔Noted items for accounts receivable

✔Asset Accounting

✔Defining chart of depreciation

✔Creation of ✔% tax codes for sales and purchased

✔Assignment of chart of depreciation to company code

✔Defining account determination

✔Definition of screen lay out rules

✔Definition of number ranges for asset classes

✔Integration with General Ledger & Posting rules

✔Defining Depreciation key

✔Definition of multilevel methods

✔Definition of period control methods

✔Creation of main asset master records

✔Creation of sub asset master records

✔Acquisition of fixed assets

✔Sale of fixed assets

✔Transfer of assets

✔Scrapping of assets

✔Depreciation run

✔Line item Settlement of assets under construction of capital work in progress

✔New General ledger accounting:

✔Parallel ledgers

✔Document splitting



✔Financial statement version

✔General Ledger, Accounts Payable, Accounts Receivable and Assets Reports


✔Basic settings for controlling

✔Defining Controlling Area

✔Defining Number ranges for Controlling Area

✔Maintain Planning Versions

✔Cost element accounting:

✔Creation of primary cost elements from financial accounting area

✔Creation of 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

✔reation of primary cost element grups

✔Default account assignments

✔Cost Center Accounting

✔Defining Cost Center Standard Hierarchy

✔Creation of Cost Centers and cost center groups

✔Display cost center master records

✔Change cost center master records

✔Creation of cost center groups

✔Posting to cost centers

✔Reposting of co line items

✔Repost of Costs

✔Planning for cost centers

✔Overhead Calculation

✔Creation of secondary cost element master records

✔Creation and Execution of Distribution Cycle

✔Creation and execution of assessment cycles

✔Creation and execution of periodic re- postings

✔Cost center reports

✔Internal Orders

✔Defining order types

✔Creation of internal order master records

✔Display internal order master records

✔Change internal order master records

✔Postings to internal orders

✔Planning for internal orders

✔Reposting co line items for internal orders

✔Repost of costs for internal orders

✔Report of Variance analysis for internal orders

✔Creation of real internal orders

✔Posting of business transaction to real orders

✔Definition of allocation structures

✔Definition of settlement profiles

✔Definition of planning profiles

✔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

✔Profit Center Accounting

✔Basic Settings for Profit Center Accounting

✔Creation of Dummy Profit Centers

✔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

✔Changing the profit center master records

✔Creation of revenue cost elements

✔Automatic Assignment of Revenue elements for Profit Centers

✔Assignment of profit centers 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

✔Generating the variance reports for profit and loss account items

✔Generating the variance reports for balance sheet items

✔Profitability analysis

✔Maintaining the operating concern

✔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

✔Product costing

✔Product cost planning :

✔Creation of bill materials

✔Creation of activity type master records

✔Planning for activity hours

✔Activity type price calculation

✔Creation of work center master records

✔Creation of routings

✔Defining cost sheet( over head structures)

✔Assignment of cost sheet to costing variant

✔Creation of cost estimate with quantity structure



✔Creation of cost estimate without quantity structure


✔Integration of financial accounting with materials management:

✔Definition of organizational units in materials management i.e. plant, storage location and purchase


✔Assignemnt of organizational units to each other

✔Definition of tolerance groups for purchase orders

✔Definition of tolerance groups for goods receipt

✔Definition of tolerance groups for invoice verification balance sheet items

✔Definition of vendor specific tolerances

✔Creation, display and change of material master records

✔Creation of plant parameters

✔Maintenance of posting periods for materials management

✔Mainternace of parameters for invoice verification

✔Maintenance of plant parameters for inventory management and physical inventory

✔Definition of attributes for material types

✔Assignment of GL accounts for material transactions in financial accounting

✔(Integration of MM with FI)

✔Creation of purchase order, posting of goods receipt, invoice verification and

✔Goods issue for production

✔Integration of financial accounting with sales and distributioin:

✔Definition of sale s organization

✔Definition of distribution channels

✔Definition of divisions

✔Assignment among various organizational units in SD

✔Definition of partner functions

✔Definitions of shipping point and loading points

✔Definition of pricing procedures

✔Determining the shipping points

✔Determining the pricing procedures

✔Maintenance of SD condition types

✔Maintenance of condition records

✔Assignment of GL accounts for sales transactions( integration of FI with SD)

✔Creation of sales order

✔Initialization of stock

✔Posting the delivery of goods

✔Creating the sales invoice

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