SAP FI Training Curriculum

SAP FI Training 

The SAP FICO module includes 2 major categories of functionality needed to run the financial accounts of a company - Financials (FI) and Controlling (CO). FI includes accounts payable, accounts receivable and general ledger, also procedures to post accounts, close books, prepare financial statements and balance sheet. Financial Accounting and Controlling are taught as one course at LearnSAP. Following is a detail FI curriculum.

Organizational Structure

• Define a Company
• Define a Company Code
• Assign Company Code to Company
• Define Chart of Accounts
• Assign Company Code to Chart of Accounts

Global Accounting Setting

• Chart of Account
• Allocate Company Code to Chart Of Accounts
• Setup Account Groups and their Number Ranges
• Assign Fiscal Year Variant
• Assign Posting Period Variant to Company Code
• Document Number Ranges for company code
• Assign Field Status variant to Company Code
• Define Tolerances for Employees

General Ledger

• General Ledger Accounts
• Create General Ledger Accounts
• Reconciliation Accounts
• Retained Earnings Account
• Expense and Revenue G/L Accounts
• General Ledger Postings
• Display Balances of G/L Accounts
• Display Line Items
• Reverse Entries
• Park documents in General Ledger
• Post a Parked Document
• Recurring Entries
• Account Assignment Model
• Sample Account

Set up Business Partners: Customer and Vendor

• Set Tolerance for Customers and Vendors
• Customer Account Groups
• Create Number ranges for customer accounts
• Allocate Number Ranges to Customer Groups
• Customer Master Record
• Create Vendor Groups
• Create Number Ranges for vendor Accounts
• Allocate Number ranges to vendor account groups
• Create Vendor Master
• Post a Customer Invoice

Set up Business Partners: Customer and Vendor

• Clear Open Items by Incoming Payments
• Post Partial Payment against an invoice
• Residual Payment
• Create Under / Over Payment Account
• Assign Under / Over Payment Account to Process Key ZDI
• Cash Discount Granted Account at General Ledger level
• Assign Cash Discount Granted Account to process Key SKT
• Cash Discount Taken Account Process Key SKE
• Payment Within Tolerance (incoming)
• Payment within Tolerance (outgoing)
• Payment within Tolerance with 3% discount

Special Program

• Sample Account
• Configure Automatic Payment Program
• Dunning
• Down Payment
• Down Payment Received

Reporting

• The reporting tool "Financial Statement Version"
• Simple Financial Statement
• Balance Sheet
• Profit and Loss Statement

Curriculum 2

Enterprise Structure settings Definition Define company Define company code Define Business Area Define Consolidation Business Area Assignment Assign company code to company Assign business area to consolidation business area Financial Accounting Global settings Define Fiscal year Variant Assign company coder to fiscal year variant Define variants for open posting periods Open and close posting periods Assign variant to company code Define Document Number Ranges Define field status variants Assign CC to field status variants Define Tolerance Groups for employees Define chart of Accounts Assign CC to Chart of Accounts Define Account Groups Define Retained Earnings Accounts Tax Calculation on Sales & Purchases Define/ check Calculation procedure Assign country to Calculation procedure General Ledger Accounting Create General Ledger Account Define Document Types Posting Documents in GL Posting Documents in Foreign Currency Posting Documents with Accounts Posting Documents with sample Documents Reversal Documents Foreign currency Valuation Document parking Document Holding Sample Documents Recurring documents Interest calculations Accounts Receivables Define Account Groups Define Numbering for Customer Define customer Master Records Define Reconciliation Accounts Changing Master Records Blocking Master Records Document Entry and posting Posting Credit Memo Displaying customer Accounts Balances and Line items Posting Incoming payments Payments from customers Advance Receipts from customers (Down Payments) Sales Tax DUNNING Define Dunning Areas Define Dunning Procedure Dunning Run

Accounts Payables Define Account Groups Define Numbering for Vendor Define Number Ranges for Recurring Creating Vendor Master Record Posting Invoices & Credit Memos Posting Out going payments Cash discount payment Terms Withholding Tax (TDS) Advance payment to Venders Automatic payment program Asset Accounting Creation of Asset Master record Creation of Asset Classes Purchase of Assets Sales of Assets Depreciation Run Scrapping of Assets Profit/Loss on sale of Assets Bank Accounting Define House Banks Creation of Check lots Manual Check Creation Check Encashment Check Cancellation Check Registers Integration From MM to finance From SD to Finance Reports GL Reports Accounts payable Reports Accounts Receivable Reports Assets Reports Financial Statement Version Creation CONTROLLING :- (CO) Maintain Controlling Area Assign Controlling Area to company code Creation of primary cost Cost element Accounting- primary cost elements and secondary cost elements Cost Center Accounting Creation of Cost Repost Line Items Repost Costs Planning Cost center wise Assessment / Distribution Reports Internal Orders Creation of Internal Orders Repost Line Items Repost Costs Planning Internal Order wise Settlement of Orders Reports Profit center Accounting Product Costing Profitability Analysis

Curriculum 3

SAP FICO Basic Settings :

Creations company
Company code
Assign company code to company
Business area
Fiscal year variant
Asian fiscal year variant to company code
Chart of accounts
Accounts Group
Retained earning account
Posting period variant
Document Types and no ranges
Filed status variant
Tolerance group
Posting Keys

GENERAL LEDGER

GL master record
Posting of document
Display balances of GL
Parking, hold
Accrual, sample documents
Deferral documents
Foreign exchange
Reversal of documents
Interest calculation
Cash management
Bank reconciliation

ACCOUNTING PAYABLE

Vendor groups(MM and FICO vendors)
No. ranges for vendor accounts
Tolerance group for vendors
House bank
Correspondence
Automatic payment program
Extended with holding tax
Terms of payments
Down Payment Made
Cash discount (received)

ACCOUNT RECEIVABLE

Customer group (SD and FI/CO customers)
No. ranges for customers accounts
Customer master records
Down Payment Received
Dunning
Cash discount (CIN version)
Bills of exchange
Treasury management

ASSET ACCOUNTING

Chart of depreciation
Account determination
Screen layout
Asset classes
Integration with FI
Depreciation methods
Depreciation keys
Asset master
Sub Asset Master
Asset report
Depreciation run
Sale of asset
Transfer of asset
Scrapping of asset
Capital work in progress

CONTROLLING

Controlling area
No. of ranges for controlling documents
Versions
Cost element accounting(manual, automatic)
Cost Centre Accounting
Repost line items, repost of cost
Actual overhead assessment
Planning cost centre and cost element
Budgeting

INTERNAL ORDER

Order type
Order, Statistical Key Figure
Planning internal order wise
View internal order wise report

PROFITABILITY ACCOUNTING (PCA)

Controlling settings
Dummy profit centre actual data
Profit centre assignment of revenue elements
Choose account, creation of cost object
Planning profit and loss items
Planning balance sheet items

PROFITABILITY ANALYSIS (CO-PA)

Operation concern
Profitability segments
Assignment of controlling area to operating
Activate profitability analysis
Mapping of conditions to coop values
Drill down report
Report painter

PRODUCT COSTING

Creation of secondary cost element
Active type
Price calculation
Work centre
Overhead keys
Routing
Cost sheet variant
Cost estimate with quantity structure
Cost estimate without quantity structure
Marking and Releasing
Work in Progress

INTEGRATION

Procurement cycle
Integration with MM
Sales process integration with SD
Integration with asset accounting
Integration with controlling
Integration with PP

REPORTS

Financial statement version
GL reports
Accounts payable reports
Accounts receivable reports
Assets
Cash book reports
LSMW
Transport Management