SAP FICO Course Content

Financial Accounting Basic Settings:

1. Definition of company
2. Definition of company code
3. Assignment of company to company code
4. Definition of business area
5. Definition of fiscal year variant
6. Y ear dependent fiscal year
7. Year independent fiscal years
8. Short end fiscal years
9. Assignment of fiscal year variant to company code
10. Creation of chart of Accounts
11. Defining Accounts Groups
12. Defining Retained Earnings Account
13. Definition of posting period variant
14. Assignment of posting period variant to company code
15. Open and close posting period
16. Defining document type & number ranges
17. Maintenance of field status variants
18. Assignment of field status variant to company code
19. Definition of tolerance groups for GL accounts
20. Definition of tolerance groups for employees
21. Assignment of tolerance groups to users
22. Taxes on Sales & Purchases (input & output).
General Ledger Accounting:
1. Creation of General Ledger Master (with and without reference)
2. Display/Change/Block/Unblock of general ledger master
3. Document Entry posting normal postings and posting with reference
4. Display and change of documents
5. Display of GL balances
6. Display GL account line items
7. Parked documents (park, display, post, delete park documents)
8. Hold documents(hold, display, and post hold documents)
9. Creation of Sample Document and postings with sample documents
10. Defining recurring entry document and postings with recurring doc.
11. Creation of account assignment model and posting
12. Configuration of line layouts for display of GL line items
13. Reversal of individual documents, mass reversal , reversal of cleared
items and reversal of accrual and deferral documents
14. Defining Exchange Rate types
15. Definition of Translation ratios
16. Entering the rates in the foreign currency tables
17. posting of foreign currency transactions
18. Interest calculations on term loans(configuration and end user
transactions)
19. Months end provisions (Accrual and Deferral documents)
20. Documents and open item management
21. Clearing process for GL transactions (standard clearing, partial
payments, and residual payment methods)
22. Group currency settings
23. Revaluation of foreign currency loan balances.
Accounts Payable
1. Creation of vendor account groups
2. creation of number ranges for vendor master records
3. assignment of number ranges to vendor account groups
4. Creation of tolerance group for venders
5. Creation of vendor master (display/change/block/unblock of vender master)
6. Posting of vendor transactions (invoice posting, payment posting, credit memo)
7. Posting of partial Payment & Residual Payment
8. Creation of house banks and account ids.
9. Creation of check lots and maintenance of check register
10. display check register
11. cancellation of un issued checks
12. creation of void reasons
13. cancellation of issued checks
14. Defining correspondence & party statement of account
15. Settings for advance payments to parties (down payment) and clearing of down
payment against invoices (special GL transactions)
16. Advance payments other scenarios
17. Noted items
18. One time vendors
19. Configuration of automatic payment program
20. Payment to vendors through APP,
21. Creation of new and own payment terms
22. Configuration for cash discounts received
23. Creation of installment payment terms.
24. Vendor credit memo postings
25. Foreign currency postings in vendor accounts
26. Automatic payment program with foreign currency postings in vendor accounts
27. Revaluation of foreign vendor account balances
Accounts receivable
1. Creation of customer account groups
2. creation of number ranges for customer master records
3. assignment of number ranges for customer account groups
4. Creation of tolerance group for customers
5. Creation of customer master (display/change/block/unblock of vender master)
6. Posting of customer transactions (sales invoice posting, payment posting, debit memo)
7. Settings for advance payment from customers (down payment and special GL
transactions)
8. Advance payments other scenarios
9. Noted items
10. One time customers
11. Configuration of settings for dunning
12. Define dunning aras
13. Define dunning procedures
14. Assign dunning procedure in the customer masters
15. Execute dunning programs
16. generating the dunning letters
17. defining correspondence and party statement of accounts
18. Bills of exchange
19. posting of sales returns
20. Configuration for cash discount paid to customers.
21. Clearing of customer open items with the vendor open items and vice versa
22. Calculation of bad debts and provision for bad and doubtful debts.
Asset Accounting
1. Maintain country specific settings
2. Defining chart of depreciation
3. creation of 0% tax codes for sales and purchased
4. assignment of chart of depreciation to company code
5. Defining account determination
6. definition of screen lay out rules
7. definition of number ranges for asset classes
8. Integration with General Ledger & Posting rules
9. Defining Depreciation key
10. definition of multilevel methods
11. definition of period control methods
12. creation of main asset master records
13. creation of sub asset master records
14. Acquisition of fixed assets
15. sale of fixed assets
16. transfer of assets
17. Scrapping of assets,
18. Depreciation run
19. Line item Settlement of assets under construction of capital work in progress
New General ledger accounting:
1. Parallel ledgers
2. document splitting
3. Segments.
Reports
1. Financial statement version
2. General Ledger, Accounts Payable, Accounts Receivable and Assets Reports
3. Carry forward of GL account balances
4. Carry forward of vendor account balances
5. Carry forward of customer account balances
6. Yearend closing activities in asset accounting.
CONTROLLING
Basic settings for controlling
1. Defining Controlling Area
2. Defining Number ranges for Controlling Area
3. Maintain Planning Versions
Cost element accounting:
1. creation of primary cost elements from financial accounting area
2. creation of primary cost elements from controlling area
3. automatic creation of cost element master records at the time of implementation
4. automatic creation of cost elements after implementation
5. display of cost element master records
6. change cost element master records
7. creation of cost element groups
8. primary cost element categories
9. secondary cost element categories
10. default account assignments
Cost Center Accounting
1. Defining Cost Center Standard Hierarchy
2. Creation of Cost Centers
3. display cost center master records
4. change cost center master records
5. creation of cost center groups
6. posting to cost centers
7. reposting of co line items
8. Repost of Costs
9. planning for cost center
10. planning aids
11. cost planning with revaluation
12. planning for cost centers – excel upload
13. variance reports for the cost centers
14. Overhead Calculation
15. creation of secondary cost element master records
16. Creation and execution of assessment cycles: plan and actual
17. Creation and Execution of Distribution Cycle: plan and actual
18. creation and execution periodic reposting cycles : plan and actual
19. cost center reports
20. period locks in the cost center accounting
21. online reconciliation ledger or real time integration of controlling with financial
accounting
22. accrual orders or imputed cost calculation
23. creation of statistical key figures
24. creation of statistical key figure groups
25. using the statistical key figures in assessments, distribution and periodic reposting of
overheads
26. activity types
27. activity dependent planning in cost center accounting
28. activity independent planning in cost center accounting
29. activity output planning
30. overhead calculation
31. activity cost calculation
32. activity price calculation
33. indirect activity allocation and methods
34. direct activity allocation and methods
Internal Orders
1. Defining order types
2. Creation of internal order master records
3. display internal order master records
4. change internal order master records
5. postings to internal orders
6. planning for internal orders
7. reposting co line items for internal orders
8. repost of costs for internal orders
9. Report of Variance analysis for internal orders
10. creation of real internal orders
11. posting of business transaction to real orders
12. definition of allocation structures
13. definition of settlement profiles
14. definition of planning profiles
15. settlement of real internal orders
16. budgeting and availability control
17. maintain number ranges for budgeting
18. define tolerances for availability control
19. specification of exempt cost elements fr4om availability control
20. maintenance of budget manager
Profit Center Accounting
1. Basic Settings for Profit Center Accounting
2. Creation of Dummy Profit Centers
3. maintenance of control parameters for actual postings
4. Maintaining planning versions for profit centers
5. maintaining the number ranges for profit center documents
6. Creation of profit center master records
7. display of profit center master records
8. changing the profit center master records
9. Creation of revenue cost elements
10. Automatic Assignment of Revenue elements for Profit Centers
11. assignment of profit centers in cost center master records
12. creation of account groups in profit center accounting for planning
13. planning for profit and loss account items
14. planning for balance sheet items
15. posting of transactions into profit centers
16. generating the variance reports for profit and loss account items
17. Generating the variance reports for balance sheet items.
Profitability analysis
1. Maintain characteristics
2. Maintain value fields
3. Maintain operating concern
4. Assign controlling area to operating concern
5. Define number ranges for planning data
6. Maintain versions
7. setup planning frame work
8. Define number ranges for actual postings
9. Maintain assignment ofSD condition types to COPA value fields
10. Assign quantity filedds
11. Maintain PA transfer structure for direct postings from FI/MM
12. Activate profitability analysis
13. Creation of sales order
14. Production receipt
15. Posting of delivery
16. Create profitability forms
17. Create profitability report
18. Value flow from cost centers to COPA
19. Value flows from internal order to COPA
20. Value follow from production order to COPA
21. COPA summarization
22. COPA re-alignment
23. COPA derivation rules
24. Derivation of characteristics
25. COPA cost sheet
26. COPA Valuation starategy
Product costing
Product cost planning:
1. Maintain overhead cost elements
2. Creation of dummy cost center
3. Define overhead keys
4. Define overhead groups
5. Define calculation bases
6. Define percentage overheads
7. Define credits
8. Define costing sheet
9. Assign costing sheet to costing variant
10. Creation of allocation cost elements
11. Creation of activity types
12. Creation of GL accounts and primary cost elemtns
13. Creation of cost centers
14. Creation of cost center groups
15. Planning – cost enter wise
16. Planning for activity hours
17. Activity price calculation
18. Define cost component structure
19. Determine person responsible for work center
20. Define MRP controllers
21. Define floats
22. Define production scheduler
23. Creation of material master records- finished goods
24. Creation of raw material master records
25. creation of bill materials
26. creation of work center master records
27. creation of routings
28. creation of cost estimate with quantity structure
29. marking
30. releasing
31. creation of cost estimate without quantity structure
Product cost by order
1. check valuation variant for manufacturing orders
2. check costing variant for manufacturing orders.
3. Check order types.
4. Define goods received valuation for order delivery
5. Define results analysis keys
6. Define cost elements for WIP calculation
7. Define results analysis versions
8. Define valuation methods
9. Define line ids
10. Define assignments
11. Define update
12. Define posting rules for settling the work in progress
13. Define variance keys
14. Define default variance keys for plants
15. Define target cost versions
16. Assign the variance keys in the material master
17. Creation of allocation structure
18. Creation of settlement profile
19. Assignment of the accounts for automatic postings
20. Define order type dependent parameters
21. Define scheduling parameters for production orders
22. Checking control
23. Define confirmation parameters
24. Creation of production order
25. Raw material receipt by way of opening stocks
26. Issue of goods for production orders
27. Calculation of work in progress
28. Settlement of work in progress to accounts
29. Actual overhead calculation
30. Confirmation of order
31. Production receipt in to finished goods stock
32. Making the order technically complete.
33. Calculation of variances.
Integration
Integration of financial accounting with materials management:
1. Definition of organizational units in materials management i.e. plant, storage location
and
purchase organization
2. Assignemnt of organizational units to each other
3. Definition of tolerance groups for purchase orders
4. Definition of tolerance groups for goods receipt
5. Definition of tolerance groups for invoice verification
6. Definition of vendor specific tolerances
7. Creation, display and change of material master records
8. Creation of plant parameters
9. Maintenance of posting periods for materials management
10. Mainternace of parameters for invoice verification
11. Maintenance of plant parameters for inventory management and physical inventory
12. Definition of attributes for material types
13. Assignment of GL accounts for material transactions in financial accounting
(Integration of MM with FI)
14. Creation of purchase order, posting of goods receipt, invoice verification and
Goods issue for production
15. Goods issue for cost center – PO Price differs from Invoice Price -full stock is available
16. Goods issue for cost center – PO Price differs from Invoice Price -stock is not available
17. Goods issue for cost center – PO Price differs from Invoice Price –Partial stock is
18. Goods issue for cost center – PO Price differs from Invoice Price –Standard Price
Integration of financial accounting with sales and distribution:
1. Definition of sale s organization
2. definition of distribution channels
3. definition of divisions
4. assignment among various organizational units in SD
5. definition of partner functions
6. definitions of shipping point and loading points
7. definition of pricing procedures
8. determining the shipping points
9. determining the pricing procedures
10. maintenance of SD condition types
11. maintenance of condition records
12. assignment of GL accounts for sales transactions( integration of FI with SD)
13. creation of sales order
14. initialization of stock
15. posting the delivery of goods
16. creating the sales invoice
The topics which are covered in the Project
1. 1.Project implementation flow
2. 2. Project Creation in SAP and allocation of areas to different consultant.
3. Business Process Re-engineering
4. .System Landscape
5. ASAP Methodology
1. Project Preparation
2. Business Blue Print
3. Realization
4. Final Preparation
5. Go Live and Support
6. GAP Analysis
6. GAP Analysis
7. Case Study
8. FI Tables
9. CO Tables
10. How to view tables
11. How to view transactional data
12. How to create USER IDS
13. How to create own transaction codes
14. Message Control
15. SAP Messaging
16. Table relations
17. LSMW(LEGACY SYSTEM MIGRATION WORK BENCH)
18. BDC(BATCH DATA CONVERSION)
19. BAPI(BUSINESS APPLICATION PROGRAM INTERFACE)
20. SAP scripts and sap forms
21. Ticketing tools
22. ABAP query
23. User exits
24. Function exits
25. Fields exits
26. Screen exits
27. Functional exits
28. Menu exits
29. Sap transportation management (STMS)
30. How to make a request as a default request
31. Authorization check
32. User parameter maintenance
33. Functional and technical specs
34. Schedule Manager
35. Issues in implementation
36. Issues in Up gradation
37. Issues in Support
38. Tickets
39. Terms used in Projects and their Meaning- cutover Strategy
40. Rollouts/Kickoff meeting
41. Customization documents preparation
42. User documents preparation
43. User Manual in SAP

Other topics
1. LOCK BOX
2. INTER COMPANY TRANSACTIONS
3. ELECTRONIC BANK RECONCIALATION STATEMENT
4. MANAUL BANK RECONCCIALATION STATEMENT
5. CIN FROM MM SIDE AND SD SIDE
6. WITH HOLDING TAX (TDS) UPTO CERTIFICATE GENERATION
7. VALIDATIONS
8. SUBSTITUTION
9. REPORT PAINTER
10. RESUME PREPARATION
11. TIPS FOR INTERVIEW
12. INTERVIEW QUESTIONS
GOODS AND SERVICES TAX (GST)
1. SAP GST
2. What is GST?
3. Changes in SAP
4. For TAXINN customers:
5. Configuration in detail for MM & SD
6. Tax Procedure Migration-TAXINJ to TAXINN Business Context
7. Solution Overview
8. Approach and Risk Management
9. Process Descriptions & Solution Proposal
10. Procurement Process & Solution Proposal
11. – Proposed Solution
12. -Sales Process & Solution Proposal
13. How To transport the Tax codes to production