Top Institute for SAP FICO Training

Our syllabus covers detailed subtopics that come under the broad categories listed below.

Introduction to ERP

• What is ERP?    
• Why we need ERP?
• Advantage of ERP?
• Major ERP packages
• What is sap?

FINANCE Enterprise Structure
• Organizational Units
• Define Company
• Define Company Code
• Define Business Area
• Assign Company Code to Company
• Define Plant, Purchase Organization, Storage location
• Define Sales Organization, Shipping Point,
• Distribution Channels and Divisions
• Assign plant and purchasing organization to company code
• Assign purchasing organization to plant
• Assign sales organization,
• Distribution channels and Divisions to company code
• Assign shipping point

Financial Accounting GlobalSetting:
• Maintain Fiscal year variant
• Maintain posting period variant
• Open and closing periods
• Maintain field status variant
• Enter global parameters
• Define document types and number ranges
• Define posting keys
• Maximum exchange rate difference
• Define text for line items
• Default values for values for document

Chart of Accounting List
Define Operative chart of Accounts
• Define group chart of accounts
• Define country specie chart of accounts
• Assign chart of accounts to company code
• Define account group
• Define retained earning account

GL Account Creation and processing
• Define tolerance groups for G/L accounts
• Define tolerance groups for employees
• Define GL account
• Block/Unblock GL accounts
• General document posting
• Document in G/L park post, Hold, Recurring, Sample,

Account Assignment model etc.
• Open item management
• Incoming payments
• Outgoing payments
• Charge of differences
• Manual clearing
• Automatic clearing
• Foreign currency posting
• Foreign currency valuation
• Work list preparations
• Layout preparations
• Display balances (with variant)
• Control totals
• Multiple currencies
• Reserve Document
• Individual reversal
• Mass reversal
• Reversal of reversal
• Reset cleared item reversal

Account receivable:
• Define account groups with screen layout (customers)
• Create number ranges and assign to accounts groups
• Define tolerance to customers/vendors
• Create customer master record
• Customer document posting
• Customer incoming payment
• Maintain terms of payment
• Define account for cash discount granted
• Charges of differences
• Down payment
• Transfer with clearing
• Automatic clearing
• Dunning
• Item interest calculation
• Sales tax
• Define accounts for exchange rate differences
• Foreign currency posting and valuation
• Credit memo postings

Account payable:
• Define account groups with screen layout (vendors)
• Create number ranges to vendor account groups
• Assign number ranges to vendor account groups
• Create vendor master record
• Vendor invoice posting
• Define accounts for cash discount taken
• Define accounts for bank charges (vendors)
• Define accounts for overpayments/underpayments
• Down payment
• Alternative payee
• Define accounts for exchange rate differences
• Foreign currency posting and valuation
• Automatic payments program (APP)
• Credit memo postings
• Check management
• Individual check payment
• Manual check payment
• Check register
• Create void reason cods
• Reprint check
• Unused checks cancellation
• Issued checks cancellation
• Cancel payment
• Delete manual checks

Bank accounting
• Define house bank
• Creates check lots
• Bank account interest calculation
• Cash journals
• BRS (manual bank stamen, electronic bank statement)
• Lock box processing

Asset management
• Copy chart of depreciation
• Assign tax code for nontaxable transactions
• Assign chart of depreciation to company code
• Specify account determination
• Create screen layout rules
• Define asset classes
• Define number ranges
• Creation of GLs
• Integration with GL
• Posting rules
• Determine depreciation areas in asset classes
• Define screen layout for asset master data
• Define number ranges for depreciation posting
• Depreciation key
• Define base method
• Define declining balance method
• Define multilevel method
• Define period control method
• Define depreciation key
• Asset master creation Creation of main asset Creation of sub asset
• Asset purchase posting
• Sale of asset
• How to view sub asset value balance
• How to view the asset balance
• Depreciation run
• Asset transfers and asset scrapping
• Asset explorer and asset history sheet

Integration with FICO
• FI­MM
• FI­SD
• FI­HR

Final preparations
• Define financial statement versions
• Display of trial balances
• Display of GL balances
• Display of A/R balances
• Display of A/P balances
• Display of assets balances