SAP FICO Training in Pune

What Is SAP FICO ??

This Tutorials Guides you a brief introduction about SAP FICO Module and What is SAP FICO 

SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. 

What is the basic qualification to learn SAP FICO module?

Academic qualification required to become a SAP consultant is Any Under Graduate Course like Bcom , B.E. , Bsc etc. With any Specialization or Any Post Graduate Course like MTech , MBA ,etc. with any Specialization. 

Enterprise Structure Define Company Company code Business Area Functional Area Credit Control Area Fiscal Year Variant Posting period variant Open and close posting period Define chart of account Account Groups Retained Earnings A/c Document Types Define Number Ranges for Document Types Posting Keys Define Tolerance limit for GL Accounts and Employees Maintaining Field Status Variant Define Tax codes for sales & purchase Enter Global Parameters

General ledger accounting Creation of GL Master Data at company code Chart of Account Segment and Centrally Creation of GL Master with reference

General Posting of Documents Posting of Sample Documents Posting Parking & Held Documents Releasing of parked documents Fast Data Entry

Recurring Entries Define Run Schedules Enter run dates Posting transactions Execute run schedule Create Batch input Session

Account Payable

• Define Account Groups for Vendor Master Data
• Define Number Range for Vendor Account Group
• Assign Number Ranges to vendor A/c Group
• Define Tolerance limit for Customers/Vendors
• Creation of Vendor Master Data Define Alternative reconciliation A/c for Vendors,
• Define Accounts for Cash discount taken
• Posting of Vendor Invoice
• Vendor Payment
• Down payment Made,
• Partial Payment
• Residual Payments
• Parking of Invoice
• Credit Memo
• Vendor A/c Clearing
• Automatic Payment programme (APP)

Withholding Tax

• Basic Settings for W/Tax
• Defining the Calculation Procedure for W/Tax Types and W/Tax Codes
• Assign W/Tax Procedure to Vendor Posting

Account Receivable

• Define Customer A/c Group
• Define and Assign Number Ranges for Customer A/c Group
• Creation of Customer Master Data
• Define Alternative Reconciliation A/c
• Define Cash discount granted
• Customer invoice and payment entry
• Customer Down payment
• Partial and residual payment
• Parking Invoice
• Debit Memo
• Customer Clearing

Terms Of Payment

• Maintain Terms of Payment
• Instalment Payment Terms

Dunning Procedure

• Defining Dunning Procedure
• Run the Dunning Programme

Bank Accounting

• Creation of bank master Data
• Creation of check lots
• Void Check Cancellation of checks

Asset accounting

• Copy reference chart of deprecation
• Asset class
• Creation of asset master data
• Sub asset creation
• Purchase of asset
• Sale of asset
• Transfer of asset
• Deprecation run

Integration

FI and MM, FI and SD

New General Ledger accounting Definition of leading and non- leading ledger, Document Splitting

 FAQs Discussion