SAP FICO content for beginners

List of content required to complete FICO for the beginners . Find the below .

FINANCE:

BASIC FINANCE SETTINGS:

• ENTERPRISE  STRUCTURE
  • CREATION OF COMPANY
  • CREATION OF COMPANY CODE
  • ASSIGNING COMPANY TO COMPANY CODE
  • CREATION OF BUSINESS AREA
  • CREATION OF C.ONSOLIDATED BUSINESS AREA
  • ASSIGNING BUSINEES AREAS TO CONSOLIDATED BUSINESS AREA

CREATION OF FISCAL YEAR VARIANT:

• CALENDAR FISCAL YEAR
  • NON—CALENDER FISCAL YEAR
  • SHORT — END FISCAL YEAR
  • YEAR — DEPENDANT FISCAL YEAR
  • YEAR — INDEPENDANT FISCAL YEAR
  • ASSIGNING FISCAL YEAR VARIANT TO COMPANY CODE
  • CREATION OF POSTING PERIOD VARIANT
  • ASSIGNING POSTING PERIOD VARIANT TO COMPANY CODE

OPEN AND CLOSE POSTING PERIODS

• DEFINING DOCUME NT TYPES
  • DEFINING NUMBER RANGES FOR VARIOUS DOCUMENT TYPES
  • DEFINING TOLERANCE GROUP FOR EMPLOYEES
  • DEFINING FIELD STATUS VARIANT
  • ASSIGNING FIELD STATUS VARIANT TO COMPANY CODE
  • DEFINING TAX PROCEDURE
  • ASSIGNING TAX PROCUDURE TO COUNTRY
  • CREATION OF TRANSPORT REQUEST ( TECHNICAL ACTIVITY)

GENERAL LEDGER ACCOUNTING:

CREATION OF CHART OF ACCOUNTS:

• OPERATIONAL CHART OF ACCOUNTS / TRANSACTIONAL CHART OF ACCOUNTS
• COUNTRY—SPECllC CHARTOFACCOUNTS
• GROUP CHART OF ACCOUNTS
  • ASSIGNMENT OF OPERATIONAL CHART OF ACCOUNTS TO COMPANY CODE
  • DEFINING ACCOUNT GROUPS
  • DEFINING GROUP ACCOUNT GROUPS
  • DEFINING RETAINED EARNINGS ACCOUNT
  • DEFINING GROUP RETAINED EARNINGS ACCOUNT
  • ASSIGNING GROUP CHART OF ACCOUNTS TO OPERATIONAL CHART OF ACCOUNTS GENERAL LEDGER MASTER:
    • CREATION OF GENERAL LEDGER ACCOUNTS
    • CHANGE GENERAL LEDGER ACCOUNTS
    • DISPLAY  DENERAL  LEDGER  ACCOUNTS
    • CREATION OF GROUP GENERAL LEDGER ACCOUNTS
    • ASSIGNING GROUP GENERAL LEDGER ACCOUNTS TO OPERATIONAL GENERAL LEDGER ACCOUNTS
  • POSTING FI DOCUMENT
  • CHANGE FI DOCUMENT
  • DIPLAY FI DOCUMENT
  • DISPALY GL ACCOUNT LINE ITEMS
  • DISPLAY GROUP GL ACCOUNT REPORTS DOCUMENT REVERSAL:
    • INDIVIDUAL REVERSAL

• MASS REVERSAL
• REVERSAL OF REVERSAL

REFERENCE DOCUMENTS:

SAMPLE DOCUMENT:

•  DEFINING NUMBER RANGES FOR SAMPLE DOCUME NT
• CREATE SAMPLE DOCUMENT TEMPLATE
• POSTING FI DOCUMENT WITH REFERENCE TO SAMPLE DOCUMENT
• CHANGE SAMPLE DOCUMENT TEMPLATE
• DISPLAY SAMPLE DOCUMENT
•  DISPLAY CHANGES OF SAMPLE DOCUMENT
• DELETE SAMPLE DOCUMENT TEMPLATE

RECURRING DOCUMENT:

• DEFINING NUMBER RANGES FOR RECURRING DOCUMENT
• CREATE RECURRING DOCUMENT TEMPLATE
• EXECUTE RECURRING DOCUMENT
• CHANGE RECURRING DOCUMENT TEMPLATE
• DISPLAY RECURRING DOCUMENT TEMPLATE
• DISPLAY RECURRING DOCUMENT TEMPLATE
• DISPLAY CHANGES TO RECURRING DOCUMENT TEMPLATE
• DELETE RECURRING DOCUMENT TEMPLATE

ACCOUNT ASSIGNMENT MODEL:

• CREATE ACCOUNT ASSIGNMENT MODEL TEMPLATE
•  POST FI DOCUMENT WITH REFERENCE TO TEMPLATE

HOLD DOCUMENT:

• CREATE HOLD DOCUMENT TEMPLATE
• DISPALY HOLD DOCUMENT TEMPLATE
• POST FI DOCUMENT WITH REFERENCE TO HOLD DOCUMENT TEMPLATE

DOCUMENT PARKNG:

• CREATION OF USER- 1
• CREATE TOLERANCE GROUP FOR USER—1
• ASSGNMENT OF TOLRERNACE GROUPTO USER—1
• CRATION OF USER—2
• CREATE TOLERANCE GROUP FOR USER—2
• ASSGNMENT OF TOLERANCE GROUP TO USER—2
• FI DOCUMENT PARKING
• DISPLAY PARKED DOCUMENT
• MAlL SENDING TO SUPERlOR BY HIS SUB-ORDlNATE
• RELEASE/DELETE/POST PARKED DOCUMENT

OPEN ITEM MANAGEMENT

• DEFINE TOLERANCE LIMITS FOR GL ACCOUNTS
• POSTING FI DOCUMENT FOR OPEN ITEM
• RELEASE/ POST FI DOCUMENT FOR OUTGOING PAYMENT
• RELEASE/ POST FI DOCUMENT FOR INCOMING PAYMENT
• TYPES OF PAYMENTS:

1. STANDARD PAYMENT
2. PARTIAL PAYMENT
3. RESIDUAL PAYMENT

• INTER COMPANY CODE/ CROSS COMPANY CODE TRANSACTIONS:
  • CREATE NEW COMPANY CODE IN COPY MODE
  • CONFIGURE ALL BASIC SETTINGS FOR THE NEW COMPANY CODE
  • INTERCOMPANY CODE TRANSACTIONS ACTIVATION IN DOCUMENT TYPES
  • CREATE INTERCOMPANY GL ACCOUNTS
  • AUTOMATIC ACCOUNT ASSIGNMENT FOR INTERCOMPANY TRANSACTIONS
  • POST FI DOCUMENT FOR INTER COMPANY TRANSACTION
  • DISPLAY INTER COMPANY CODE DOCUMENT

• ACCRUALS / DIFFERALS:
  • ACCRUAL CREATION
  • REVERSAL ACCRUAL ENTRY
  • CREATE DIFFERAL ENTRY
  • REVERSAL OF DIFFERAL ENTRY

• FOREIGN CURRENCY VALUATION:
  • DEFINE EXCHANGE RATE TYPE
  • DEFINE TRANSLATION RATIOS FOR CURRENCY TRANSLATION
  • ENTER EXCHANGE RATES
  • ASSIGN EXCHAGE RATE INDICATOR OR VARIANT IN DOCUMENT TYPES
  • DOCUMENT POSTING IN FOREIGN CURRENCY

ACCOUNTS PAYABLES:

• DEFINE VENDOR ACCOUNT GROUPS
• DEFINE NUMBER RANGES FOR VENDOR ACCOUNTS
• ASSIGNMENT OF NUMBER RANGES TO VENDOR AC.COUNT GROUP
• VENDOR RECONCILIATION GL ACCOUNT
• VENDOR MASTER DATA:
  • CREATION OF VENDOR
  • CHANGE OF VENDOR
  • DISPLAY OF VENDOR
• DEFINE NUMBER RANGE FOR VENDOR DOCUMENT TYPES
• DEFINE TOLERANCE LIMITS FOR VENDOR / CUSTOMERS
• POST VENDOR INVOICE / PURCHASE INVOICE / INCOMING INVOICE
• POST OUT GOING PAYMENT:
  • STANDARD PAYMENT
  • PARTIAL PAYMENT
  • RESIDUAL PAYMENT
• VENDOR LINE ITEM DISPLAY
• DEFINE TERMS OF PAYMENT
• ASSIGN TERMS OF PAYMENT TO VENDOR MASTER
• CASH DISCOUNT
• BANK ACCOUNTING:
  • CREATE BANK GENERAL LEDGER ACCOUNT
  • DEFINE HOUSE BANK
    • CHECK MANAGEMENT:
      • CHECK LOT CREATION
      • DISPLAY CHECK LOT
      • ISSUE OF MANUAL CHECK
      • CHECK ENCASHMENT DATE UPDATION
      • DELETE / RESET ENCASHMENT DATE UPDATION
      • UNISSUED CHECK CANCELLATION
      • USED CHECK CANCELLATION

AUTOMATIC PAYMENT PROGRAMME CONFIGURATION:

• ALL COMPANY CODES SETTINGS
• PAYING COMPANY CODES SETTINGS
• PAYMENT METHODS IN COUNTRY
• PAYMENT METHODS IN COMPANY CODE
• BANK DETERMINATION
  • RANKING ORDER
  • BANK ACCOUNTS
  • AVAILABLE AMOUNT
• ASSIGNING PAYMENT METHOD IN VENDOR MASTER
• DEFINING NUMBER RANGES FOR DOCUMENT TYPES ZP & ZV

ATOMATIC PAYMENT RUN:
 PAYMENT RUN
 CHECK PRINTING

DOWN PAYMENT / ADVANCE PAYMENT:

• CREATION OF ADVANCE PAYMENT RECONCILIATION GL ACCOUNT
• ASSIGNMENT   OF  ADVANCE   PAYMENT   RECONCILIATION G L   ACCOUNT   AND VENDOR RECONCILIATION GL ACCOUNT
• DOWNPAYMENT POSTING
• DISPLAY VENDOR LINE ITEMS
• VENDOR INVOICE POSTING
• DOWNPAYMENT MADE SETOFF AGAINST VENDOR INVOICE
• VENDOR LINE ITEMS DISPLAY
• PROCESSING REMAINING DUE AMOUNT TO VENDOR
• DISPLAY VENDOR LINE ITEMS

ACCOUNTS RECEIVABLES:

• DEFINE CUSTOMER ACCOUNT GROUPS
• DEFINE NUMBER RANGES FOR CUSTOMER ACCOUNTS
• ASSIGNMENT OF NUM BER RANGES TO CUSTOM ER ACCOUNT GROUP
• CUSTOMER RECONCILIATION GL ACCOUNT
• DEFINING NUMBER RANGES FOR CUSTOM ER DOCUMENTS
• CUSTOM ER MASTER DATA:
  • CREATION OF CUSTOMER
  • CHANGE OF CUSTOMER
  • DISPLAY OF CUSTOMER
• POST CUSTOMER INVOICE/ SALES INVOICE /OUTGOING INVOICE
• POST INCOMING PAYMENT:
  • STANDARD PAYMENT
  • PARTIAL PAYMENT
  • RESIDUAL PAYMENT
• CUSTOMER LINE ITEM DISPLAY
• CASH DISCOUNT

ADVANCE PAYM ENT / DOWN PAYMENT

• CREATION OF ADVANCE RECEIVE D RECONCILIATION GL ACCOUNT
• ASSIGNING AVANCE RECEIVED GL ACCOUNT TO CUSTOM ER RECONCILIATION GL ACCOUNT
• DOWN PAYMENT RECEIVED PROCESSING
• DISPLAY CUSTOMER LINE ITEMS
• CUSTOMER INVOICE PROCESSING
• DISPLAY CUSTOMER LINE ITEMS
• SET OFF DOWN PAYMENT AGAINST CUSTOMER INVOICE
• DISPLAY CUSTOMER LINE ITEMS
• PROCESSING DUE AMOUNT RECEIVE D FROM CUSTOMER
• DISPLAY CUSTOMER LINE ITEMS
• DUNNING CONFIGURATION:
  • DEFINING DUNNING PROCEDURE
    • DUNNING LEVELS
    • DUN NING TEXT
    • MINIMUM CHARGES
    • DUNNING FORMS
• ASSIGNING DUNNING PROCEDURE IN CUSTOMER MASTER
• DUNNING RUN:
  • DUNNING RUN
  • DISPLAY DUNNING LETTER
  • DISPLAY CUSTOMER MASTER
• INPUT TAX / PURCHASE TAX & OUTPUT TAX / SALES TAX:
  • CREATION OF PURCHASE & SALES TAX GL ACCOUNTS
  • CREATION OF PURCHSE & SLES TAX CODE.S
  • ASSIGING GL ACCOUNTS FOR AUTOMATIC POSTING OF TAXES
  • ACTIVATING TAX CATEGORIES IN PURCHASES & SALES GL ACCOUNTS
  • VENDOR INVOICE WITH PURCHASE TAX
  • CUSTOMER INVOICE WITH SALES TAX

• ASSET ACCOUNTING:
• ASSIGNEMNT OF TAX CODES TO NON-TAXABLE TRANSACTIONS
• COPY CHART OF DEPRECIATION
• ASSIGNMENT OF CHART OF DEPRECIATION TO COMPANY CODE
• ACCOUNT DETE RMINATON
• DEFINE SCREEN LAYOUTS
• DEFINE NUMBER RANGES FOR ASSET MASTER DATA
• DEFINE ASSET CLASSES
• DEPRECIATION AREAS IN ASSET CLASSES
• CREATION OF VARIOUS GENERAL LEDGER ACCOUNTS:
  • ASSET RECONCILIATION GL ACCOUNT
  • ACCUMULATED DEPRECIATION RECONCILIATION GL ACC.OUNT
  • ASSETSALE GL ACCOUNT
  • PROFIT ON SALE OF ASSET GL ACCOUNT
  • LOSS ON SALE OF ASSET GL ACCOUNT
  • LOSS DUE TO SCRAP GL ACCOUNT
  • DEPRECIATION GL ACCOUNT
• AUTOMATIC ACCOUNT ASSIGNMENT OF G L ACCOUNTS ( ACCOUNT DETERMINATION)
• DEFINE DEPRECIATION KEYS
• ASSET MASTER :
  • CREATION OF ASSET
  • CHANGE OF ASSET
  • DISPLAY OF ASSET
• CREATION OF SUB—ASSET MASTER
• ASSET PURCHASE
• ASSET EXPLORE
• DEPRECIATION RUN
• ASSET TRANSFER
• ASSET SCRAPPING

CONTROLLING:

• BASIC SETTINGS:
  • CREATION OF CONTROLLING AREA
  • ASSIGNMENT OF CONTROLLING AREA TO COMPANY CODE
  • MAINTAIN VERSIONS
  • DEFINE NUMBER RANGES FOR CONTROLLING DOCUMENT
  • COST CENTER STANDARD HIERARCHY:
    • CREATION
    • CHANGE
    • DISPLAY

• COST ELEMENT ACCOUNING:
  • CREATION OF PRIMARY COST ELEMENT
  • CHANGE OF PRIMARY COST ELEMENT
  • DISPLAY PRIMARY COST ELEMENT

• COST CENTER ACCOUNTING:
  • COST CENTER CREATION
  • COSTCENTER CHANGE
  • COSTCENTERDISPLAY
  • COSTCENTER GROUP:
    • COST CENTRE GROUP CREATION
    • COST CENTER GROUP CHANGE
    • COST CENTER GROUP DISPLAY
• MANUAL POSTING TO COST CENTER
• AUTOMATIC PO.STING TO COST CENTER
• COST CENTER LINE ITEM DISPLAY
• COST CENTER ACTUAL Vs PLAN REPORT
• MONTH—END / PERIOD-END PROCESSES:
  • COST CENTER REPOSTING
  • COST CENTER DISTRIBUTION:
    • DEFINE STATISTICAL KEY FIGURE
    • PLAN STATISTICAL KEY FIGURE
    • DEFINE DISTRICUTION CYCLE
    • EXCUTE DISTRIBUTION CYCLE
  • COST CENTER ASSESSMENT:
    • CREATE SECONDARY COST ELEMENT
    • DEFINE ASSESSMENT CYCLE
    • EXCUTE ASSESSMENT CYCLE

• INTERNAL ORDERS:
  • DEFINE INTERNAL ORDER TYPE
  • INTERNAL ORDER :
    • CREATION OF INTERNAL ORDER
    • CHANGE OF INTERNAL ORDER
    • DIPLAY OF INTERNAL ORDER
    • POSTINGS  TO INTERNAL ORDER
    • INTERNAL  ORDER SETTLEMENT
    • DIPLAY INTERNAL ORDER REPORT

• BUDGETING:
  • MAINTAIN BUDGET PROFILE
  • MAINTAIN BUDGET PROFILE IN ORDER TYPES
  • DEFINE TOLERANCE LIMITS FOR AVAILABILITY CONTROL
  • BUDGET ENTRY
  • BUDGET Vs ACTUAL REPORTS

• PROFIT CENTER ACCOUNTING:
  • BASIC SETTINGS — CONTROLLING AREA SETTINGS
  • MAINTAIN VERSIONS
  • MAINTAIN CONTROL PARAMETERS FOR ACTUAL POSTINGS
  • DEFINING NUMBER RANGES FOR LOCAL DOCUMENTS
  • PROFIT CENTER HIERARCHY:
    • CREATION
    • CHANGE
    • DISPLAY

• PROFIT CENTER MASTER DATA:
  • CREATION
  • CHANGE
  • DISPLAY
• DUMMY PROFIT CENTER
• ASSIGNING PROFIT CENTER IN COST CENTER
• MANUAL POSTING TO PROFIT CENTER
• AUTOMATIC POSTING TO PROFIT CENTER
• PROFIT CENTER LINE ITEM DISPLAY
• PROFIT CENTER REPORTS
• FINANCIAL STATEMENT VERSION

DATA UPLOAD THROUGH LSMW (LEGACY SYSTEM MIGRATION WORK BENCH)

MONTH — END ACTIVITIES:
 OPEN & CLOSE FI POSTING PERIODS 
	NUMBER RANGES UPDATION 
	EXCUTING RECURRING DOCUMENTS 
	INTEREST CALCULATION RUN 
	DEPRECIATION RUN
	OPEN & CLO.SE PO.STING PERIODS IN MM

YEAR — END ACTIVITIES:
	FISCAL YEAR CHANGE ( IF THE FISCAL YEAR IS YEAR DEPENDANT)
	OPEN &CLOSEPOSTING PERIODS 
	NUMBER RANGE TRANSFER 
	RECURRING DOCUMENT EXECUTION 
	NTEREST CALCULATION RUN 
	EPRECIATION RUN
	CARRY FORWARD GL ACCOUONT BALANCES 
	CUSTOMER AND VENDOR BALANCES CARRY FORWARD 
	ASSET BALANCE TRANSFER

VARIOUS REPORTS & MISCELLANIOUS TOPICS: 
	FOLDER CREATION
	TRANSACTION CODE INSERTION 
	LEDGER WISE BALANCES DISPLAY 
	TRIAL BALANCE
	PROFIT & LOSS A/C AND BALANCE SHEET 
	GENERAL LEDGER LIST DISPALY 
	VENDORS LIST DISPALY
	CUSTOMERS LIST DISPLAY 
	VENDOR WISE PURCHASES 
	DISPLAY CHANGES TO VENDOR 
	LIST OF VENDOR LINE ITEMS 
	LIST OF DOWN PAYMENTS 
	CUSTOMER WISE BALANCE
	LIST OF CUSTOMER OPEN ITEMS