SAP FICO (Financial Accounting and Controlling) Certification Training

✔ Introduction to ERP, Advantages of SAP over other ERP Packages
✔ Introduction to SAP R/3 FICO

✔ Definition of company
✔ Definition of company code
✔ Assignment of company to company code
✔ Definition of business area
✔ Definition of fiscal year variant
✔ Assignment of fiscal year variant to company code
✔ Definition of posting period variant
✔ Assignment of posting period variant to company code
✔ Open and close posting period
✔ Defining document type & number ranges
✔ Maintenance of field status variants
✔ Assignment of field status variant to company code
✔ Definition of tolerance groups for GL accounts
✔ Definition of tolerance groups for employees
✔ Assignment of tolerance groups to users
✔ Taxes on Sales & Purchases (input & output)
✔ Creation of chart of Accounts
✔ Defining Accounts Groups
✔ Defining Retained Earnings Account.

✔ Creation of General Ledger Master (with and without reference)
✔ Display/Change/Block/Unblock of general ledger master
✔ Document Entry posting normal postings and posting with reference
✔ Display and change of documents
✔ Display of GL balances
✔ Display GL account line items
✔ Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents
✔ Defining Exchange Rate types and Translation ratios
✔ Define Exchange rates & posting of foreign currency transactions
✔ Interest calculations on term loans
✔ Accrual and Deferral documents

✔ Creation of vendor account groups
✔ creation of number ranges for vendor master records
✔ assignment of number ranges to vendor account groups
✔ Creation of tolerance group for venders
✔ Creation of vendor master (display/change/block/unblock of vender master)
✔ Posting of vendor transactions (invoice posting, payment posting, credit memo)
✔ Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
✔ Posting of partial Payment & Residual Payment
✔ Creation of payment terms,
✔ Creation of house banks and account ids.
✔ Creation of check lots and maintenance of check register
✔ display check register
✔ cancellation of unissued checks
✔ creation of void reasons
✔ cancellation of issued checks
✔ posting of purchase returns
✔ Configuration of automatic payment program
✔ Payment to vendors through APP
✔ Defining correspondence & party statement of accounts

✔ Creation of customer account groups
✔ creation of number ranges for customer master records
✔ assignment of number ranges for customer account groups
✔ Creation of tolerance group for customers
✔ Creation of customer master (display/change/block/unblock of vender master)
✔ Posting of customer transactions (sales invoice posting, payment posting, debit memo)
✔ Settings for advance payment from parties (down payment)
✔ Configuration of settings for dunning
✔ generating the dunning letters
✔ defining correspondence and party statement of accounts
✔ posting of sales returns

✔ Defining chart of depreciation
✔ creation of 0% tax codes for sales and purchased
✔ assignment of chart of depreciation to company code
✔ Defining account determination
✔ definition of screen layout rules
✔ definition of number ranges for asset classes
✔ Integration with General Ledger & Posting rules
✔ Defining Depreciation key
✔ definition of multilevel methods
✔ definition of period control methods
✔ creation of main asset master records
✔ creation of sub-asset master records
✔ Acquisition of fixed assets
✔ sale of fixed assets
✔ transfer of assets
✔ Scrapping of assets,
✔ Depreciation run

✔ Parallel ledgers
✔ document splitting
✔ Segments.

✔ Financial statement version
✔ General Ledger, Accounts Payable, Accounts Receivable, and Assets Reports

✔ Basic settings for controlling

✔ Defining Controlling Area
✔ Defining Number ranges for Controlling Area
✔ Maintain Planning Versions

✔ Cost element accounting:

✔ creation of primary cost elements from the financial accounting area
✔ creation of primary cost elements from controlling area
✔ display of cost element master records
✔ change cost element master records
✔ primary cost element categories
✔ secondary cost element categories
✔ default account assignments

✔ Cost Center Accounting SAP Fico

✔ Defining Cost Center Standard Hierarchy
✔ Creation of Cost Centers and cost center groups
✔ display cost center master records
✔ change cost center master records
✔ creation of cost center groups
✔ posting to cost centers
✔ reposting of co-line items
✔ Repost of Costs
✔ planning for cost centers
✔ Overhead Calculation
✔ creation of secondary cost element master records
✔ Creation and Execution of Distribution Cycle
✔ creation and execution of assessment cycles
✔ cost center reports

✔ Internal Orders SAP Fico

✔ Defining order types
✔ Creation of internal order master records
✔ display internal order master records
✔ change internal order master records
✔ postings to internal orders
✔ planning for internal orders
✔ reposting co-line items for internal orders
✔ repost of costs for internal orders
✔ Report of Variance analysis for internal orders
✔ creation of real internal orders
✔ posting of business transactions to real orders
✔ definition of allocation structures
✔ definition of settlement profiles
✔ definition of planning profiles
✔ settlement of real internal orders
✔ budgeting and availability control
✔ maintain number ranges for budgeting
✔ define tolerances for availability control
✔ specification of exempt cost elements from availability control
✔ maintenance of budget manager

✔ Profit Center Accounting SAP Fico

✔ Basic Settings for Profit Center Accounting
✔ Creation of Dummy Profit Centers
✔ maintenance of control parameters for actual postings
✔ Maintaining planning versions of for-profit centers
✔ maintaining the number ranges for-profit center documents
✔ Creation of profit center master records
✔ display of profit center master records
✔ changing the profit center master records
✔ Creation of revenue cost elements
✔ Automatic Assignment of Revenue elements for Profit Centers
✔ assignment of profit centers in cost center master records
✔ creation of account groups in profit center accounting for planning
✔ planning for profit and loss account items
✔ planning for balance sheet items
✔ posting of transactions into profit centers
✔ generating the variance reports for profit and loss account items
✔ Generating the variance reports for balance sheet items.

✔ Profitability analysis in SAP Fico

✔ Maintaining the operating concern
✔ Define profitability segment characteristics
✔ Assignment of controlling area to operating concern
✔ Activating the profitability analysis
✔ Define number ranges for actual postings
✔ Mapping of SD conditions types to COPA value fields
✔ Creation of reports
✔ Viewing the reports

✔ Definition of organizational units in materials management plant, Storage Location, and Purchase organization
✔ Assignment of organizational units to each other
✔ Definition of tolerance groups for purchase orders
✔ Definition of tolerance groups for goods receipt
✔ Definition of tolerance groups for invoice verification
✔ Definition of vendor-specific tolerances
✔ Creation, display, and change of material master records
✔ Creation of plant parameters
✔ Maintenance of posting periods for materials management
✔ Maintenance of parameters for invoice verification
✔ Maintenance of plant parameters for inventory management and physical inventory
✔ Definition of attributes for material types
✔ Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)
✔ Creation of purchase order, posting of goods receipt, invoice verification and Goods issue for production

✔ Definition of sales organization
✔ definition of distribution channels
✔ definition of divisions
✔ assignment among various organizational units in SD
✔ definition of partner functions
✔ definitions of shipping point and loading points
✔ definition of pricing procedures
✔ determining the shipping points
✔ determining the pricing procedures
✔ maintenance of SD condition types
✔ maintenance of condition records
✔ assignment of GL accounts for sales transactions( integration of FI with SD)
✔ creation of sales order
✔ initialization of stock
✔ posting the delivery of goods
✔ creating the sales invoice