Prerequisites
To apply for the SAP FICO Training, you need to either:
- Aspiring individuals interested in learning SAP FICO and having basic skills in finance and accounts can start this course.
- Candidates from finance, accounts, MBA, or arts backgrounds can also attend this Training.
Module 1: SAP FI – Basics
- What is SAP
- What is ERP
- What is SAP FICO
- Accounting Entries in SAP
Module 2: SAP FI – Organizational Structure
- Define Company
- Define Company Code
- Create new companies by copying existing company code
- Assign Company Code to Company
- Define Business Area
- Define Functional Area
- Define Credit Control
- Assign Company Code to Credit Control
- Define Segments
- Define Financial Management Area
- Enterprise Structure Transaction Codes
Module 3: SAP FI – Financial Accounting Global Settings
- Activate new General Ledger Accounting
- Maintain Fiscal Year Variant
- Assign Company Code to Fiscal Year Variant
- Define variants for Open Posting Periods
- Open and Close Posting Periods
- Assign Posting Period Variant to Company Code
- Define Field Status Variants
- Assign Company Code to Field Status Variants
- Define Posting Keys
- Define Document Types
- Define Document Number Ranges
- Define Tolerance Group for Employees
- Define Tolerance Group for G/L Accounts
- Assign Users to Tolerance Group
- Global Parameters for Company Code
- Define Additional Local Currencies for Company code
Module 4: Tax Configuration
- Tax calculation procedure
- Tax condition types
- Assign country to the calculation procedure
- Jurisdiction code structure
- Maintain Tax code
- Allow tax codes for non-taxable transactions
Module 5: SAP FICO – GST Configuration
- GST Calculation procedure
- Assign country to GST tax calculation procedure
- Define access sequence
- Define condition types for GST
- Define account keys in SAP for GST
Module 6: SAP FI – General Ledger
- Define Chart of Accounts
- Assign Company Code to Chart of Accounts
- Define Account Groups
- Define Retained Earnings Account
- Define sample account rule types
- Define data transfer rules
- Assign company code to rule type
- Create Sample Account
- Create General Ledger Account
- Accounting Entries in SAP
- Define Financial Statement Versions
Module 7: SAP FI- Accounts Payable
- Create Vendor Account Groups
- Create Number Ranges for Vendor Accounts
- Assign the number ranges to Vendor account groups
- Create Sundry Creditors Account
- Define Tolerances Group for Vendors
- Vendor Payment Terms
- Create Vendor Master Data
- Automatic Payment Program
Module 8: SAP FI- Accounts Receivable
- Create Customer Account Groups
- Create Number Ranges for Customer Accounts
- Assign Number Ranges to Customer Account groups
- Define Tolerances Group for Customer
- Customer Payment Terms
- Create Customer Master Record
- Dunning procedure configuration
Module 9: Treasury Management
- Define Lockboxes
- Define lockbox posting data
- Define source symbols
Module 10: SAP FI – Asset Accounting
- Chart of Depreciation
- Assign Chart of Depreciation to Company Code
- Specify Account Determination
- Create Screen Layout Rules
- Maintain asset number ranges
- Define Asset Classes
- Determine Depreciation area in the Asset Class
- Assignment of General Ledger Accounts
- Define Screen Layout for Asset master data
- Define Screen Layout for Asset Depreciation Areas
- Maintain Depreciation key
Module 11: Investment Management
- Define investment program types
- Assign program types to operative objects
- Define Investment Profiles
- Define Investment Plan Profiles
- Define budget profile
- Define Budget Categories
Module 12: Bank Accounting
- Create bank key
- Define House bank
- Global Settings for Electronic Bank Statement
Module 13: Conclusion
- Summarizing all the above points discussed.
