SAP Financial Accounting and Controlling (FICO) Training
SAP FICO (Financial Accounting and Controlling) is SAP's central module for storing financial transactions data
Description
What You'll Learn
- Gather business requirements and define an organization's structure.
- Manage the financial transactions within an organization.
- Improve an organization's processes and uncover opportunities for optimizing workflow and reducing costs.
Prerequisites
- An understanding of enterprise software architecture (application servers, database, etc.)
- An understanding of accounting concepts.
- An understanding of business processes related to finance.
Outline
21 modules
•
7 Days total
- Overview of ERP Systems
- Advantages of SAP S/4 Over Other ERP Systems
- Introduction to SAP S/4 FICO
- SAP S/4 Architecture
- Multi-Tenant Landscape
- Managing Transport Requests
- SAP S/4 Message Types
- Configuring Companies
- Assignment of Company Code
- Business Area Configuration
- Chart of Accounts Setup Specific to S/4
- Account Group Configurations
- Retained Earnings Account Management
- Fiscal Year Variants Specific to S/4
- Field Status Variants and Their Allocation
- Tolerance Groups for GL Accounts and Employees
- Document Types and Posting Period Variants
- Setting Global Parameters
- G/L Account Operations (Display, Change, Block, Unblock)
- Document Entry and Posting (FB50, FB01)
- Generating G/L Account Balances and Line Items
- Handling Parked and Hold Documents
- Steps for Creating and Posting with Sample Documents
- Document Reversal Techniques: Individual and Mass Reversal
- Managing Accrual and Deferral Documents
- Exchange Rate and Currency Translation
- Clearing Types (Standard, Partial, Residual)
- G/L Account Posting and Tolerance Configurations
- Creating Vendor Account Groups
- Setting Number Ranges for Vendor Master Records
- Developing Tolerance Groups for Vendors
- Vendor Master Data Creation and Management
- Payment Terms and Cash Discounts Configurations
- Automating Payment Program Settings
- Managing House Banks and Payment Transactions
- Check Management and Payment Advices
- Customer Account Group Settings
- Number Ranges for Customer Master Records
- Customer Master Data Management (XD01/FD01/VD01)
- Dunning and Cash Discount Configurations
- Automated Payment Program for Customers
- Configuring Electronic Bank Statements (EBS)
- Cash Journal Management
- Bank Account Operations
- Asset Accounting Configuration and Management
- Depreciation Settings and Calculations
- Asset Transactions and Year-End Activities
- Financial Statement Version (FSV) Configuration
- Definition of Controlling Area
- Number Ranges and Plan Versions for Controlling Area
- Creating Primary and Secondary Cost Elements
- Automatic and Manual Creation of Cost Elements
- Management of Cost Element Master Records
- Setting up Cost Centers and Cost Center Groups
- Hierarchical Structures and Planning for Cost Centers
- Managing Statistical Key Figures
- Assessment and Distribution Cycles
- Periodic Reposting
- Order Types and Creation of Internal Orders
- Internal Order Master Data Management
- Variance Analysis and Settlement Profiles
- Creation and Management of Profit Centers
- Defining Control Parameters and Planning Versions
- Document Settings for Profit Center Accounting
- Configuration of Operating Concern
- Mapping SD Conditions to Copa Value Fields
- Analysis of Profitability Segments
- Material Costing, Bill of Materials, and Routing
- Creating and Managing Cost Estimates
- Using Costing Variants for Product Costing
- Integration with Organizational Units in MM
- Vendor and Purchasing Configurations
- Invoice Verification and Goods Receipt Processes
- Integration with SD Organizational Structures
- Pricing and Billing Configuration
- Order to Cash Process
- Configuring Input and Output Taxes
- Tax Calculation Procedures
- GL Account Balance Carry Forwards
- Managing Special Period Posting
- Tools and Processes for Changing Multiple Master Data Entries
- Using Mass Change Options Effectively