• SAP FI End users
• Accountants
• ACCA Qualified professionals
• Project team members
• SAP FI consultants
• Aspiring SAP FICO Consultants

• A general understanding of Finance

1.Introduction

• Understanding of what is ERP Systems
• Introduction to SAP

2.Organisational Structure

• Defining company
• Configuring company code
• Defining business area
• Assigning company code to company

3.Financial Accounting Global Settings

• Maintaining fiscal year variant
• Assigning fiscal year variant to company code
• Defining posting periods
• Defining open and close posting periods
• Assigning variant to company code
• Document types and Parameters
• Defining document number ranges
• Defining SAP posting keys
• Defining field status variant
• Assigning field status variant to company code
• Defining tolerance groups for employees

4.General Ledger Accounting

• Defining chart of accounts
• Assigning chart of accounts to company code
• Defining account groups
• Defining retained earnings account
• Maintain Field status variant for General ledger
• Creating GL accounts
• Set up Tolerance for postings
• Postings
• Park/Hold the document
• Reversal entries
• Document change control

5.Accounts Receivable

• Creating customer groups
• Field validation for Groups
• Creating number ranges
• Assigning number ranges to customer groups
• Creating customer
• Change customer details
• Display customer details and Balances
• Raising sales invoice
• Incoming payments
• Cash discounts
• Down payment
• Bank Guarantee
• Interest calculation
• Credit memo
• Dunning procedure and executing dunning run

6.Accounts Payable

• Creating vendor groups
• Creating vendor ranges
• Creating ranges to vendor groups
• Creating vendor
• Change Vendor details
• Display Vendor and Balance
• Raising vendor invoice
• Outgoing payments
• APP ( Automatic Payment Programme)
• Cash discounts/Terms of Payment
• Interest calculation
• Down payment
• Bank Guarantee
• Debit memo

7.Bank Accounts

• Creating house bank
• Configuring petty cash journal
• Configuring automatic payment to vendors

8.Tax

• Define country tax procedure
• Define calculation procedure
• Assignee calculation procedure
• Base amount settings
• Exempt Tax codes and reasons for the same.
• Creating GL accounts of input tax output tax and sales tax
• Configuration for tax calculation Postings

9.Foreign Currency

• Exchange Rate Difference General Ledger for Foreign currency document posting
• SAP Netweaver with Currency setting.
• Currency translation ratio
• Defining, changing and maintaining exchange rate ratios
• Overview of realised and unrealised profit and loss

10.Asset Accounting

• Copying chart of depreciation
• Assigning chart of depreciation to company code
• Specify account determination
• Create screen layout rules
• Creating asset classes
• Depreciation area and use of Depreciation area
• Maintain asset master records (Create /Change /Display)
• Acquisition of asset
• Running depreciation
• Manual depreciation and unplanned depreciation
• Retirement of asset
• Transfer of asset INTA and INTERNAL
• Scraping of an asset
• Depreciation postings
• Reports on asset accounting
• Asset Explorer

11.New GL Accounts

• Configuring new GL
• Document splitting (Active, Passive, and Zero Balance)
• Configuring leading and non-leading ledger

12.Financial Statement Versions

• Configuration of FSV
• FSV and their use in company’s report on IFRS and GAAP both

13.Closing down procedures and Reports with Information System Controlling

1. General Controlling
   • Maintaining control area settings
   • Assign controlling area to Company code
   • Maintaining number ranges for controlling documents
   • Activating controlling indicators
2. Cost Element Accounting
   • Creating various types of cost elements
   • Creating primary cost element
   • Creating secondary cost element
   • Automatic and Manual creation of cost elements
3. Cost centre accounting
   • Creating cost centre hierarchy
   • Creating cost centre
   • Creating activity types
   • Reports of cost centres
4. Profit centre Accounting
   • Creating profit centre
   • Creating dummy profit centre
   • Creating profit centre hierarchy
   • Assigning profit centre to cost centre
   • Reports on profit centre