SAP FICO Configuration Summary

1. Defining Translation Ratios for Currency Translation

2. Entering Exchange Rates

3. Creating Controlling Area
4. Creating Company Code
5. Entering Global Parameters for Company Code
6. Define Business Areas
7. Defining Field Status Variants
8. Maintaining Fiscal Year Variant
9. Defining Variants for Open Posting Periods
10.
Real-Time Integration of Controlling with Financial
Accounting
11.
Defining Document Number Ranges for Entry View
12.
Defining Document Types for Entry View
13.
Defining Posting Keys
14.
Rules for Changing Documents
15.
Defining Tolerance Groups for Employees
16.
Editing Chart of Accounts List
17.
Defining Account Group
18.
Defining Account for Exchange Rate Difference Posting
19.
Creating Accounts for Clearing Differences
20.
Defining Retained Earnings Account
21.
Defining Accounts for Cash Discount Taken
22.
Defining Accounts for Lost Cash Discount
23.
Defining Account for Rounding Differences
24.
Defining Accounts for Cash Discount Granted
25.
Preparing Automatic Postings for Foreign Currency
Valuation
26.
Defining Adjustment Accounts for GR/IR Clearing
27.
Defining Alternative Reconciliation Account for Customers
28.
Defining Alternative Reconciliation Account for Vendors
29.
Defining Accounts for Customer Down Payments
30.
Defining Accounts for Vendor Down Payments
31.
Preparing Automatic Clearing
32.
Defining Tolerance Groups for G/L Accounts
33.
Defining Reasons for Reversal
34.
Creating Number Ranges for Customer Accounts
35.
Defining Account Groups with Screen Layout (Customers)
36.
Creating Number Ranges for Vendor Accounts
37.
Defining Account Groups with Screen Layout (Vendors)
38.
Maintaining Terms of Payment
39.
Defining Payment Block Reasons
40.
Defining Tolerances (Vendors)
41.
Defining Reason Codes (Manual Outgoing Payments)
42.
Setting up All Company Codes for Payment Transactions

43.
Setting up Payment Methods per Country for Payment
Transactions
44.
Setting up Payment Methods per Company Code for
Payment Transactions
45.
Creating Bank Master Data
46.
Defining House Banks
47.
Defining Variants for Manual Bank Statement
48.
Foreign Currency Valuation Methods
49.
Creating Financial Statement Version
50.
Zakat Levy Declaration
51.
Define Chart of Depreciation
52.
Define Asset Classes
53.
Defining Screen Layout for Asset Master Data
54.
Defining Number Range Interval (Asset Classes)
55.
Integration with the General Ledger
56.
Determining Depreciation Areas in the Asset Class
57.
Maintaining Depreciation Keys
58.
Maintaining Number Ranges for CO Documents
59.
Defining Cost Center Categories
60.
Making Default Settings for Primary Cost Elements Costs
61.
Creating Primary Cost Elements: Creating Batch Input
Session
62.
Creating Primary Cost Elements: Executing Batch Input
Session
63.
Creating Standard Hierarchy: Cost Centers
64. Creating Standard Hierarchy: Profit Centers