Best SAP FICO Course for Beginners:ECC vs S/4HANA Difference

SAP Configuration, Transactions, and Processes with Real-World FICO Experience, Documents & Certification Practice Exam

This course focuses on the SAP FICO modules.

You will learn how a SAP FICO Consultant and End User work in the day to day business environment.

You can kick start your SAP career with In these videos

You will get to know the business processes and best practices followed in the SAP

For SAP Hands on you will get the practice sheets, upload able files, PPTs and theory documents

Curriculum in details:-

Introduction to SAP

· Introduction to ERP, Advantages of SAP over other ERP Packages

· SAP R/3 Landscape

· SAP ASAP Methodology/Roadmap

· Consultant and End User Roles & Responsibilities

Enterprise Structure: -

· Financial Accounting Basic Settings:

· 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

· Creation of chart of Accounts

· Defining Accounts Groups

· Defining Retained Earnings Account.

· 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

General Ledger Accounting

· Creation of General Ledger Master (with and with out reference)

· Display/Change/Block/Unblock of general ledger master

· Document Entry posting normal postings and posting with reference Posting Documents in GL

· Display and change of documents

· Display of GL balances

· Display GL account line items

· Parked documents

· Hold documents

· Creation of Sample Document and postings with sample documents

· Defining recurring entry document and postings with recurring doc.

· Creation of account assignment model and posting

· Configuration of line layouts for display of GL 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

· Accrual and Deferral documents

Accounts Payables

· 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 un issued 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

· Noted items for accounts payable

Accounts Receivable:

· 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

· Noted items for accounts receivable

Asset Accounting

· 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 lay out 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

· Line item Settlement of assets under construction of capital work in progress

New General ledger accounting: -

· Parallel ledgers

· Document splitting

Reports: -

· Financial statement version

· General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

Integration of financial accounting with Materials Management:

· Definition of organizational units in materials management i.e. 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 balance sheet items.

· 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

Integration of Financial Accounting with Sales and Distribution:

· 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

Validation and Substitution:-

Difference Between Validation and Substitution

Call Up Points in Validation

Call Up Points in Substitution

Activate Validation Rule

Activate Substitution Rule

Steps in Validation Creation

Steps in Substitution Creation

New Validation Message Creation

Additional Interview Related Lectures:-

What is Use of Partner Type For Vendor

Difference B/w Goods and Invoice Receipt Scenario

How to generate Accounting Document No. Same as Billing Document No.

Inter Company or Cross Company Code Posting

How to make advance payment to vendor with automatic payment program

How to make partial payment to vendor with automatic payment program

Lockbox :-

· Introduction with Lockbox

· Lockbox Process

· Configuration of Lockbox

· Understanding of BAI2 format

· Post Processing of Lockbox File with FLB1

· Format and Field Functionality in Lockbox

· Status of Lockbox Posting (Applied, On-Account and Un- Applied)

· Understanding of Accounting entries in Lockbox

· Customer Master Data Maintenance for Lockbox

· Tables of EBS files

IDOC : -

· Understanding IDOC, Process of IDOC, Types of IDOC

· Configuration of IDOC in Automatic Payment Program

· Creating, Testing IDOC File

· Understanding IDOC Structure

· Status of Message for Inbound and Outbound IDOC

· SAP Directory for receiving and sending IDOC

Advance & Partial Payment With APP (F110) : -

. Understanding of payment request

. Special GL indicator for payment request

. Posting Keys for Payment Request

.

Bank Accounting (Bank Reconciliation)

· Introduction with Electronic Bank Reconciliation Statement (EBRS)

· Process of Electronic Bank Statement With Manual Bank Statement And Electronic Bank Statement

. Determination of GL Accounts in Electronic Bank Statement

. Understand Electronic Bank Statement File Receive From Bank

· Configuration of EBS (Account Symbols, Keys, Posting Rules, Business Transaction Code, Algorithms)

· Understanding of BAI2 format

· Post Processing of Bank Statement with FEBAN

· Format and Field Functionality in EBS

· Importance and Use of Search Strings in EBS

· Understanding Accounting entries in EBS

· Tables of EBS files

. Format and Field Functionality in MBS

· Importance and Use of Search Strings in MBS

· Understanding Accounting entries in MBS

. Interview Question Asked On Electronic Bank Statement

Lockbox :-

· Introduction with Lockbox

· Lockbox Process

. Understand Lockbox File Receive From Bank

· Configuration of Lockbox

· Understanding of BAI2 format

· Post Processing of Lockbox File with FLB1

. What is Use of FLB2 in Lockbox Process

. Understand Origin ID Used in Lockbox

· Understand Destination ID Used in Lockbox

Format and Field Functionality in Lockbox

· Status of Lockbox Posting (Applied, On-Account and Un- Applied)

· Understanding of Accounting entries in Lockbox

· Customer Master Data Maintenance for Lockbox

· Tables of EBS files

. Interview Question Asked On Lockbox

. Understand Lockbox BAI2 File

. Understand Structure FLB06

. Understand Structure FLB04

Controlling: -

· 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 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

· Creation of primary cost element groups

· Default account assignments

Cost Center Accounting: -

· 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

· Cost center reports

Profit Center Accounting: -

· Basic Settings for Profit Center Accounting

· Creation of Dummy Profit Centers

· Maintenance of control parameters for actual postings

· Maintaining planning versions 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

Internal Orders: -

· Use of Internal order types

· Real orders and Statistical Orders

· Allocation Structure and Settlement Profile for Internal Order

· Settlement of Real Order

** Learners are requested to manage their own system access for hands-on practice **