SAP FICO

FINANCE AND CONTROLLING

WHAT IS ERP
ERP stands for Enterprise Resource Planning
It is a system which brings the entire
decision making information from all the
departments in a company into one single
place in order to increase efficiency,
productivity and profit of the company.
To know more about ERP please visit
www.erpdefinition.net
In the present market various ERP packages
are available
SAP , Oracle, People Soft, JD Edwards and
BAAN

WHY SAP

SAP software can help you become a best-run business in fact, it's the
choice of more than 80,000 small businesses and midsize companies.
SAP Software Is:
Affordable for small businesses and midsize companies
Every business is unique, which is why we offer a complete portfolio of
business management and business intelligence solutions designed to fit
the way you do business and your budget.
Designed with your company in mind
SAP solutions for small and midsize companies are designed to be
complete offering the breadth and depth of functionality you need to
run your business; easy to use enabling quick adoption with little
training; and flexible they can scale and adapt as you grow your
business. Every solution we offer is based on best practices learned from
more than 35 years of SAP's experience working with best-run companies.
Easy to implement and maintain
From affordable on-premise solutions, to on-demand solutions with a
monthly subscription, our solutions can be implemented within weeks by
SAP and our large network of qualified SAP partners. We'll work with you
every step of the way, before and after you go live, to make sure your
implementation is a success.

SAP HISTORY
SAP : SAP stands for Systems
Applications and Products in data
processing
SAP was released in 1972 and its
Headquarters in Germany
Version: ECC6
ECC6 stands for Enterprise Central
Component

SAP R/3

SAP R/1: is 1-tier architecture. In which all 3 layers [Presentation +

Application + Database]are installed in one systems/server.
(Server One Presentation+ Application + Database)
SAP R/2: is 2-tier architecture. In which all 3 layers [Presentation +
Application + Database]are installed in two separate
systems/server.
(Server One - Presentation, Server Two - Application +Database)
SAP R/3: is 3-tier architecture. In which all 3 layers [Presentation +
Application + Database]are installed in three separate
systems/server.
(Server One -Presentation, server Two - Application, Server Three Database)
The SAP R/3 System has three-tier client/server architecture. All data is
stored in a database, and the data is processed in the application layer
on the application servers. The SAP GUI frontend (presentation layer)
is the interface to the user. All three layers are connected to each
other with networks. The following graphic depicts the client/server
architecture of the R/3 System, and the communication requirements
between the presentation and application layers and between the
application and database layers:

SAP FICO CONTENTS

FI: FINANCIAL
CO: CONTROLLING

FI - FINANCIALS
SUBMODULES: ENTERPRICE STRUCTURE
GLOBAL SETTINGS
GENERAL LEDGER ACCOUNTING
ACCOUNTS PAYABLES
ACCOUNTS RECEIVABLES
ASSET ACCOUNTING

ENTERPRICE STRUCTURE

Define
Define
Assign
Define
Assign
Define
Define

Company
Company Code
Company Code to Company
Credit Control area
Company Code Control Area
Business Area
Functional Area

GLOBAL SETTINGS
Define Fiscal Year Variant
Assign Company Code to Fiscal Year
Variant
Define Posting Period Variant
Open And Close Posting Period
Assign Variants to Company Code
Define Document Types
Define Document Number Ranges

GLOBAL SETTINGS
Copy Number Ranges 1 Company to
another Company code
Copy Number Ranges from 1 year to
another year
Define Posting Keys
Define Tolerance Limits
Define Retained Earnings Account
Define Chart of Accounts

GLOBAL SETTINGS
Assign Company Code to Chart of
Accounts
Define Accounts Groups
Define Field Status Variant
Assign Company Code to Field Status
Variant

GENERAL LEDGER
ACCOUNTING

Creation of General Ledger Masters

Posting of a Transaction
Parked Documents
Hold Documents
Recurring Documents
Foreign Currency Transactions
Reversal Documents
Interest Calculations
Foreign Currency Balances Revaluation

ACCOUNTS PAYABLES

Basic Settings
House Banks
Cheque Transactions
Advance Payment to Vendors
Cash Discount
Automatic Payment Program (APP)
Credit Memo Postings
WITHHOLDING TAX (TDS)

ACCOUNTS RECEIVABLES

Basic Settings
Advance receipts from Customers
Dunning Program
Sales Taxes

ASSET ACCOUNTING

Chart of Depreciation
Account Determination
Asset Class
Creation of Asset Master
Asset Purchase
Depreciation Run
Asset Sales
Asset Transfer
Asset Scrapping

CO - CONTROLLING

BASIC SETTINGS
COST ELEMENT ACCOUNTING
COST CENTER ACCOUNTING
INTERNAL ORDERS
PROFIT CENTER ACCOUNTING

BASIC SETTINGS
MAINTAINING CONTROLLING AREA
MAINTAIN NUMBER RANGES FOR
CONTROLLING DOCUMENTS
MAINTAIN VERSIONS

COST ELEMENT
ACCOUNTING
WHAT IS COST ELEMENT ACCOUNTING
CREATION OF PRIMARY COST
ELEMENTS
CREATION OF SECONDARY COST
ELEMENTS
AUTOMATIC CREATION OF COST
ELEMENTS
CREATION OF COST ELEMENT GROUP

COST CENTER ACCOUNTING

CREATION OF COST CENTER

CREATION OF COST CENTER GROUP
COST CENTER WISE REPORTS
REPOST CO LINE ITEMS
MANUAL REPOSTING OF COSTS
PLANNING COST CENTER WISE

INTERNAL ORDERS

DEFINE ORDER TYPES

CREATION OF INTERNAL ORDERS
CREATION OF ORDER GROUP
PLANNING ORDER WISE
REAL ORDERS

PROFIT CENTER
ACCOUNTING
CREATION OF DUMMY PROFIT CENTER
CONTROL PARAMETERS FOR ACTUAL
DATA
CREATION OF PROFIT CENTERS
CREATION OF PROFIT CENTER GROUP
MAINTAIN AUTOMATIC ACCOUNT
ASSIGNMENT OF REVENUE ELEMENTS

ADDITIONAL CONCEPTS
INTEGRATION
BANK RECONCILIATION STATEMENT
(BRS)
NEW GENERAL LEDGER CONCEPT
FINANCIAL STATEMENT VERSION
(FSV)
DATA TAKEOVER - LSMW

DATA TAKEOVER - LSMW

Vendor Transactions take over
Customer Transactions take over

FINANCIAL STATEMENT
VERSION (FSV)
Formation of Profit and Loss Account
Formation of Balance Sheet

INTEGRATION
FI MM INTEGRATION
FI SD INTEGRATION

BANK RECONCILIATION
STATEMENT (BRS)

MANUAL BANK STATEMENT

ELECTRONIC BANK STATEMENTS
CREATION OF ACCOUNTS SYMBOLS
CREATION OF KEY TO POSTING
RULES
CREATION OF TRANSACTION TYPE
ASSIGN TRANSACTION TYPE TO
POSTING RULES

NEW GENERAL LEDGER

CONCEPT
MULTIPLE LEDGER
DOCUMENT SPLITTING
SEGMENT CREATION