SAP FICO

Month 1 Step 1 : Watch SAP Computer Based Training Video SAP System Management - System Administration Basic & SAP System Management - System Administration Basic Advanced User + CCMS Step 2 : Study And Practice The Training Manual (9 set) Step 3 : Watch SAP Computer Based Training Video Shipping Clerk, SOP and Structure OP Step 4 : Study And Practice The Training Manual AA, AP, AR, CO-CCA, CO-IO, COPA, CO-PC and GL Month 2 Step 5 : Walk Through SAP Q&A Material Step 6 : Browse Configuration Quick Notes Step 7 : Study The SAP Real-Life Blueprint Documentation (AA, AP, AR, CO dan GL) Month 3 Step 8 : Study The FI/CO Popular Interview Questions And Answers Step 9 : Tips To Behave Like An Experienced Consultant In The Job With Other Consultants Step 10 : Repeat All The Above Steps For Once Step 11 : Now Consider Yourself As An Experienced SAP Consultant And Start Applying For A SAP Job Using Our SAP FI/CO Sample Resume! "If you are struggling in FI module in front of others j

01) Customer/Vendor account masters have three segments. i) General Data at the client level. (Address/Payment/transactions) ii) Company Code Segment. (A/c Management/Payment Transaction/ Correspondence/ Insurance or withholding Tax) iii) Sales (for Customer) /Purchase (Vendor) area segment. 02) The Customer/Vendor account number is assigned at Client level. 03) Customer/Vendor Account group Controls: i) The Number Range of the accounts. ii) Whether the account is a one-time customer/vendor. The status of fields in the master records. 04) Line item Display and open line item management are configured as standard for every customer/vendor account. 05) Customer/Vendor accounts can have either internal or external number assignment. 06) There are separate number ranges for customer and vendor accounts. Number ranges must not over lap for customer/vendor. 07) Each number range can be assigned to one or more account groups.

1) Bank Master can be created four ways : i) When entering Customer/Vendor master records or in the customizing for house banks. ii) Using the create bank transaction in the accounts payable/receivable master data menu. The bank directory can be imported from disk/tape using program RFBVALL_O. Customers using lock box function can create a batch input session that automatically updates customer banking information in the master records. 2) Bank key contains - Bank Master data contains Bank name, Region (State), Address 3) Bank key is assigned to a house bank. 4) GL a/c code is assigned to the house bank along with Account id. 5) Steps to create – House bank i) Create bank master with bank key (E.g. – 01) ii) Create House bank (E.g. – ICICI) – Enter House bank id, Country, Bank key, Contact person + telephone numbers. iii) Create bank a/c – Enter House bank id already created (It will take bank address from already assigned ban

1) There are 3 steps to create and use a chart of accounts (COA) a) Define COA b) Define the properties of the COA c) Assign the COA to Company codes. 2) The COAs is a variant that contains the structure and the basic information about general ledger accounts. 3) The Definition of COA contains a) Four digit COA key. b) COA Name. c) Maintenance language, d) Length of the G/L Account number. e) Integration with Controlling (CO) – Manual/Auto creation of Cost Elements. f) Group Chart of accounts. g) Status – Block indicator. 4) Length of G/L accounts can be from 1 to 10 digits. 5) One COA can be assigned to several company codes. 6) GL Master contains COA segment and Company code segment. 7) The Information entered in the COA segment for a G/L account applies to all company codes using that COA. 8) The Chart of account segment contains following details: i) Type/Description - Account group. - P/L or Balance sheet item. - Description – Short/Long text. - Group Chart of Account G/L.

1) A document is saved for every posting. Every Document is uniquely identified by the Document Number, Company Code and Fiscal Year. 2) A Document contains Document header + 2 to 999 line items. 3) Document Type : Controls the Document header and classify the business transactions to be posted. >> Posting Key : Controls the Line items. 4) Document types are defined at client level. Document types define the following: a) Number ranges for Document number. b) Account types permitted for postings. And also c) The field status of “document header Text” and “Reference number” in the Document header. d) Whether the invoices are posted with net procedure. 5) Standard Document types are : KR – Vendor Invoice DR – Customer Invoice. KG – Vendor Cr.Memo. DG – Customer Cr.Memo. KZ – Vendor Payment DZ – Customer Payment. AB – General Document SA – G/L a/c posting. 6) Document numbers can have internal or external number assignment. 7) Up to a future fiscal year – Number range will c

Client:  In commercial, organizational and technical terms, a self-contained unit in an R/3 System with separate master records and its own set of tables. Company Code : The smallest organizational unit of Financial Accounting for which a complete self-contained set of accounts can be drawn up for purposes of external reporting. Business Area:  An organizational unit of financial accounting that represents a separate area of operations or responsibilities within an organization and to which value changes recorded in Financial Accounting can be allocated. Enterprise structure:  A portrayal of an enterprise's hierarchy. Logical enterprise structure, including the organizational units required to manage the SAP System such as plant or cost center. Social enterprise structure, description of the way in which an enterprise is organized, in divisions or user departments. The HR application component portrays the social structure of an enterprise fiscal year varia

Posting Key : SAP FICO Posting Key is a 2 digit key to control line items. Posting Key config controls. Whether the posting is debit or credit. The type of account the entry will be made to. (G/L, Customer, Vendor, Assets, Material) Posting key for reversal, if document is reversed. Screen Layout – Fields can be suppressed, required or optional. Field status can be controlled using Posting Key Field status as well as Field status Group assigned to G/L. Maintain Accounting Configuration : Posting Keys List Posting keys Name Debit\Credit Account Types 1 Invoice Debit Customer 2 Reverse Credit Memo Debit Customer 3 Bank Charges Debit Asset 4 Other Receivables Debit Customer 5 Outgoing payment Debit Customer 6 Payment Difference Debit Customer 7 Other Clearing Debit Customer 8 Payment Clearing Debit G\L Account 9 SPL G\L Debit Debit Customer 10 G\L postings Debit G\L Account 11 Credit Memo C