SAP course Beginner level by KYGNETEC Services & Solutions

SAP FICO - Finance & Controlling
Financial Accounting Basic Settings

*Define company
*Define company code
*Assign company to company code
*Define business area
*Define chart of accounts
*Assign company to chart of accounts
*Account groups
*Retained accounts
*Define fiscal year variant
*Assign fiscal year variant to company code
*Define posting period variant
*Assign posting period variant to company code
*Open & close periods
*Define document types & number ranges
*Define field status variant
*Assign field status variant to company code
*Define tolerance group
*Define tolerance group for employees
*Assign country to calculation procedure
*Enter global parameters

General Ledger (FI-GL)

*Creation of General Ledger Master (with and without reference)
*Display/Change/Block/Unblock of general ledger master
*Document Entry posting normal postings and posting with reference
*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.
*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

Accounts Payable

*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
*Posting of vendor transactions
*Settings for advance payments to parties (down payment) and clearing of down payment against invoices
*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
*Configuration of automatic payment program
*Payment to vendors through APP

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 customer master (display/change/block/unblock of customer master)
*Posting of customer transactions (sales invoice posting, payment posting)
*Settings for advance payment from parties (down payment)
*Configuration of settings for dunning
*generating the dunning letters

Asset Accounting:

*Copy chart of depreciation
*creation of 0% 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

Reports:

*General Ledger
*Accounts Payable
*Accounts
*Receivable
*Assets Reports

CONTROLLING

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
*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
*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
*creation of real internal orders
*budgeting and availability control
*maintain number ranges for budgeting
*define tolerances for availability control

Profit Center Accounting:

*Basic Settings for Profit Center Accounting
*Creation of Dummy 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
*assignment of profit centers in cost center master records
*posting of transactions into profit centers

Integration:

Integration of financial accounting with materials management:
*Definition of organizational units in materials management i.e. plant, storage location and purchase organization
*Assignment 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
*Definition of vendor specific tolerances
*Creation, display and change of material master records
*Creation of plant parameters
*Maintenance of posting periods for materials management
*Maintenance 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 distribution:

*Definition of sales 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
*Creation of sales order
*Posting the delivery of goods
*Creating the sales invoice