SAP Fico

Course Overview

SAP Fico is a German multinational software corporation based in Walldorf, Baden-Württemberg, that develops enterprise software to manage business operations and customer relations. Wellinor is especially known for its ERP software..

In this tailored SAP training course, we make sure that each and every detail is coved and the student is left with real-time hands on experience. We cover:

Introduction to ERP• What is ERP?

• Why we need ERP?
• Advantage of ERP?
• Major ERP packages
• What is sap?

FINANCE Enterprise Stricture

• Organizational Units
• Define Company
• Define Company Code
• Define Business Area
• Assign Company Code to Company
• Define Plant, Purchase Organization, Storage location
• Define Sales Organization, Shipping Point,
• Distribution Channels and Divisions
• Assign plant and purchasing organization to company code
• Assign purchasing organization to plant
• Assign sales organization,
• Distribution channels and Divisions to company code
• Assign shipping point

Financial Accounting Global Setting:

• Maintain Fiscal year variant
• Maintain posting period variant
• Open and closing periods
• Maintain field status variant
• Enter global parameters
• Define document types and number ranges
• Define posting keys
• Maximum exchange rate difference
• Define text for line items
• Default values for values for document processing

Chart of Accounting List

• Define Operative chart of Accounts
• Define group chart of accounts
• Define country specie chart of accounts
• Assign chart of accounts to company code
• Define account group
• Define retained earning account

GL Account Creation and processing

• Define tolerance groups for G/L accounts
• Define tolerance groups for employees
• Define GL account
• Block/Unblock GL accounts
• General document posting
• Document in G/L park post, Hold, Recurring, Sample,

Account Assignment model etc.

• Open item management
• Incoming payments
• Outgoing payments
• Charge of differences
• Manual clearing
• Automatic clearing
• Foreign currency posting
• Foreign currency valuation
• Work list preparations
• Layout preparations
• Display balances (with variant)
• Control totals
• Multiple currencies
• Reserve Document
• Individual reversal
• Mass reversal
• Reversal of reversal
• Reset cleared item reversal

Account receivable:

• Define account groups with screen layout (customers)
• Create number ranges and assign to accounts groups
• Define tolerance to customers/vendors
• Create customer master record
• Customer document posting
• Customer incoming payment
• Maintain terms of payment
• Define account for cash discount granted
• Charges of differences
• Down payment
• Transfer with clearing
• Automatic clearing
• Dunning
• Item interest calculation
• Sales tax
• Define accounts for exchange rate differences
• Foreign currency posting and valuation
• Credit memo postings

Account payable:

• Define account groups with screen layout (vendors)
• Create number ranges to vendor account groups
• Assign number ranges to vendor account groups
• Create vendor master record
• Vendor invoice posting
• Define accounts for cash discount taken
• Define accounts for bank charges (vendors)
• Define accounts for overpayments/underpayments
• Down payment
• Alternative payee
• Define accounts for exchange rate differences
• Foreign currency posting and valuation
• Automatic payments program (APP)
• Credit memo postings
• Check management
• Individual check payment
• Manual check payment
• Check register
• Create void reason cods
• Reprint check
• Unused checks cancellation
• Issued checks cancellation
• Cancel payment
• Delete manual checks

Country India version (CIN):

• VAT
• Sales tax
• Extended withholding tax (TDS: Tax Deduct at Source)

Bank accounting

• Define house bank
• Creates check lots
• Bank account interest calculation
• Cash journals
• BRS (manual bank stamen, electronic bank statement)
• Lock box processing

Asset management

• Copy chart of depreciation
• Assign tax code for non taxable transactions
• Assign chart of depreciation to company code
• Specify account determination
• Create screen layout rules
• Define asset classes
• Define number ranges
• Creation of GLs
• Integration with GL
• Posting rules
• Determine depreciation areas in asset classes
• Define screen layout for asset master data
• Define number ranges for depreciation posting
• Depreciation key
• Define base method
• Define declining balance method
• Define multi level method
• Define period control method
• Define depreciation key
• Asset master creation
Creation of main asset
Creation of sub­asset
• Asset purchase posting
• Sale of asset
• How to view sub asset value balance
• How to view the asset balance
• Depreciation run
• Asset transfers and asset scrapping
• Asset explorer and asset history sheet
Integration with FICO
• FI­MM
• FI­SD
• FI­HR
Final preparations
• Define financial statement versions
• Display of trial balances
• Display of GL balances
• Display of A/R balances
• Display of A/P balances
• Display of assets balances
Other components
• Data takeover _ masrers up loading and transitional data up loading (LSMW)
• Month end closing activities
• Year end closing activities
• Cross company code transitions
• Validations
ECCC6.0 New Features
SAP ­ CONTROLLING
Basic setting for Controlling
• Maintain controlling area
• Assign company code
• Active control indicators/components
• Maintain versions
• Maintain controlling document number ranges
Cost element Accounting
• Create primary/secondary cost elements
• In financial area
• In controlling area
• In automatic creation of cost elements
• Cost elements group
Cost center accounting
• Creation of cost center Std.Hierachy
• Creation of cost center
• Creation of cost center group
• Activate inactivate cost center
• Create activity types
• Activity type groups
• Create statistical key figures
• Cost center planning
• Define user define planning profile
• Defined user defined distribution keys
• Set planner profile
• Planning of cost center wise
• Posting with cost center actual value
• To view the cost center report
• To view the variance report cost center wise
• Period and closing activities in cost center accounting
• Manual reposting
• Distribution method
• Assessment
Internal orders:
• Create internal settlement cost element
• Manual allocation structure
• Creation of internal order
• Change internal order
• Actual posting to internal order
• Internal order report
• Planning of internal order
• Budgeting and availability control
• Maintain number ranges and budgeting
• Maintain budget profile
• Define tolerance limits for availability control
• Internal order budget report
• Change internal order
• Maintain number ranges for settlement documents
• Maintain settlement profile
• Settlement of internal order to cost center
• Close the internal order

Profits center accounting:

• Maintain controlling area settings
• Define standard hierarchy
• Copy cost center groups
• Copy cost center
• Create dummy profile center
• Create profit center
• Creation of profit center group
• Assigning the profit center to the cross center
• Set control parameter for actual data
• Creation of revenue elements
• Creation of account groups
• Maintain plan version
• Sales invoice posting
• Posting expenditure
• Profit center report
• View variance report profit center wise for balance sheet items
Product costing
• Create overhead cost elements
• Create activity types
• Define overhead keys
• Define overhead group
• Define calculation base
• Define percentage overhead rates
• Define credits
• Define cost sheets
• Define cost component structure
• Assign cost sheet to costing variant
• Define person responsible for work centers
• Define MRP (material requirement planning) controller
• Define production scheduler
• Create GL­account(material consumption account)
• Assign material consumption account(OBYC)
• Activity planning
• Create raw material master
• Create finished goods
• Create bill of material(BOM)
• Create work center
• Creation of cost estimate
• Display material master record

Profitability analysis CO­PA

• Define operating concern
• Define profitability segment characteristics
• Assign controlling area to operation concern
• Activate profitability analysis
• Maintain assignment of SD conditions to CO­PA value field
• Maintain assignment of MM conditions to CO­PA value field
• Sales order creation delivery and billing
• Display profitability by using report painter