SYLLABUS FOR SAP FICO Training:

Content for Financial Accounting

1. Basic Settings in Financial Accounting
Organizational Units (Company Code and Business Area)
Creation of Company Code and Business Area ( Copying/Without Copying)
Different Types of Organizational Structures
Definition and Assignment in the IMG
Exercises
2. Variant Principle
Steps in the Variant Principle
3. Fiscal Year
Definition of Fiscal year
Year Independent FY Variant ( Calendar year and NonCalendar year)
Year Specific FY Variant
Processes in IMG
Exercises
4. Currencies
Steps involved in the configuration of Curriencies in IMG
Different types of Currencies
5. Chart of Accounts
Defintion of Chart of Accounts (With Structure and Components)
Different Type of Chart of Accounts ( Operational, Country Specific and Group Chart of
Accounts) in a Table and also their differences
Segments of a G/L Master Record
Chart of Accounts Segment
Company Code Segment
Account Groups and Field Status
Reconciliation Accounts, Line Item Disply, Open Item Management
Accounts maintained in Local Currency and Foreign Currency
Only Balances in Local Currency
Individual Processing and Collective Processing
Exercises dealing with creation of G/L Master Record
6. Customer Account and Vendor Accounts
Segments in Customer Account ( General Segment and Company Code Segment)
Both FI and MM View of the Customer Account
Account Groups for Customer Accounts (Number Ranges, Field Status)
Segmets in the Vendor Account (General Segment and Company Code Segment)
Both FI and MM view of the Vendor Account
Account Groups for Vendor Accounts (Number Ranges, Field Status)
Dual Control Principle
Customer/Vendor Clearing

 Alternative Payer/Payee
One time customer and One time vendor account
Exercises for Customer/Vendor Accounts
7. Bank Accounts
Bank Master Data in the Bank Directory
Creation of House Bank
Bank Accounts under House Bank
Assignment of Currencies and G/L Accounts for each Account type under House Bank
Exercises for creation of Bank Accounts
8. Document Structure
Overview of the Document Structure ( Document Header and Line Items)
Document Types and its importance
Posting Keys and its functions
Number Range Assignment
Field Status Groups
Standard Posting Keys
Exercises
9. Posting Periods
Posting Period Variant ( Definition and Assignment)
How to Open and Close Posting Periods
Determinatin of Posting Periods during posting
Exercises
10. Posting Authorizations
Usage of Tolerance Groups
Assignment of Posting Authorizations
Exercises
11. Simple Documents in Financial Accounting
G/L Account Postings
Customer Invoices Postings
Customer Credit Memo Postings
Vendor Invoice Postings
Vendor Credit Memo Postings
Exercises
12. Default Values
Default Values for User Settings
System and Accounting Defaults
Exercises
13. Document Reversal
Procedure for Reversal of a Document
Need for Document Reversal
Exercises

14. Payment Terms and Cash Discount

Terms of Payment and the procedures applied
Basic Data and Payment Controls
Baseline Date
Calculation of Cash Discount
Day Limits and Installment Payments
How to Post Cash Discount
Exercises
15. Taxes
Different types of Taxes (Input Tax and Output Tax)
US Sales Tax and US Use Tax
Tax Calculation Procedure
Creation of Tax Codes
Tax Postings
Tax Accounts (G/L Accounts)
Exercises
16. CrossCompany Code Transactions
How to Account for CrossCompany Code Transactions
Clearing Accounts
Exercises
17. Clearing Open Items
What are Open Items
Types of Clearing ( Account Clearing and Post with Clearing)
Procedure for Account Clearing and Post with Clearing
Automatic Clearing Procedure
Assignment Field or Sort Field
Exercises
18. Incoming and Outgoing Payments
Manual Payment Process for incoming and outgoing Payments
Steps involved in Manual Payment Process (Payment Header, Bank Data and
Open Item Selection)
Exercises
19. Payment Differences
Different Types of Tolerances
Configuration of Tolerance Groups
Permitted Payment Differences
How to Process payment differences
Partial and Residual Payments
Reason Codes
Exercises
20. Exchange Rate Differences

 Realized Exchange Rate Differences

Account Determination
Exercises
21. Cash Journal
Cash Journal Assignment
Setting up a Cash Journal
Business Transaction Types
Creating and Posting Business Transactions
Exercises
22. Special G/L Transactions
Reconciliation Accounts and Postings in the Subledger
Alternative Reconciliation Account
Special General Ledger Classes
( a ) Down Payments
( b ) Bill of Exchange
( c ) Other Transactions
Special G/L Types
( a ) Automatic Offsetting Entry
( b ) Noted Items
( c ) Free Offsetting Entries
Configuration of Special G/L Transactions
Exercises
23. Parking Documents
Holding Documents Vs. Parking Documents
Processing Parked Documents
Document Parking and Workflow
Exercises
24. Automatic Payments
Overview of the Payment Run
Configuration steps involved in Payment Program
Payment Medium WorkBench (PMW)
Debit Balance Check
Automating the Payment Process
Exercises
25. Dunning Process
Overview of the Dunning Process
Configuration Steps involved in Dunning Program
Parameters for the Dunning Run
Editing and Printing the Dunning Proposal
Exercises
26. Correspondences
Overview of Correspondences

 Different Types of Correspondences

Exercises
27. Interest Calculation
Fundamentals of Interest Calculation
Types of Interest Calculation
Configuring the Interest Calculation
Exercises
28. Standard Reports in FI Module
Information Systems
What are Report Names?
Report Variants and Variables
Exercises
SAP List Viewer Design
Changing the Screen Layout
Classic Control and Grid Control
User Parameters
Selections
Exercises
Drill Down Reporting (Characteristics, Key Figures, Form Types)
Form and Report Definition, ReportReport Interface, Report Assignment
Navigation in Reports
Exercises
29. MonthEnd and YearEnd Closing Processes
Procedure followed for MonthEnd Closing Process
Procedure followed for YearEnd Closing Process
30. Financial Statements
Creating Financial Statements using Financial Statement Version
Drill Down Reporting
31. Receivables and Payables
Balance Confirmation
Foreign Currency Valuation
Value Adjustments
Regrouping and Reclassification
Processes in Controlling that impact Financial Accounting
Reconciliation Ledger that is used to update financial accounting for the transactions
That cross FI Organizational Units
Accrual/Deferral Postings
Accrual Engine
Posting Controls and Account Determination
32. Technical, Organizational and Documentary Steps

33. Organizational Structure for Fixed Assets Accounting

Chart of Depreciation (Definition and Assignment)
Different Depreciation Areas
Cost Accounting Assignment
Asset Classes
Posting of Asset Values in Depreciation Areas
Depreciation Areas and the Balance Sheet
Exercises
34. Asset Master Data
Funtions of Assets Classes ( Very Important)
Creation of Asset Master Record
Special Asset Classes
Exercises
35. Asset Transactions
Acquisition and Retirement of Asset Transactions
Intra and Inter Company Asset Transfer
Assets under Construction (AuC)
Unplanned Depreciation
Exercises
36. Periodic Processing
Posting of Depreciation
Fiscal Year change and Year end closing
Depreciation Calculation Methods
Cost Accounting Area, Imputed Interest and Replacement Values
Depreciation Posting Program
Exercises
37. Information Systems
SAP List Viewer and Asset History Sheet
Exercises
Value Simulation
Exercises
38. Validations/Substitutions in FI Module
Definition and Execution of Validation and Substitution in FI Module
Additional Techniques
Rules and Sets
Exercises
CONTENT FOR MANAGEMENT ACCOUNTING:
39. Organizational Units in Management Accounting
40. Master Data for Cost Center Accounting
Cost Elements
Cost Centers

 Activity Types
Statistical Key Figures
41. Event Based Postings
Entering Primary Postings
Adjustment Postings
Direct Activity Allocation
Exercises
42. Period End Closing Processes for Cost Center Accounting
43. Master Data for Internal Orders
Real and Statistical Orders
Different Scenarios of Internal Orders
44. Event Based Postings
Comittment Management
Exercises
45. Period End Closing Processes for Internal Orders
46. Master Data for Profit Center Accounting
with New General Ledger
Exercises
47. Planning, Budgeting and Information Systems in Controlling Module
48. New General Ledger and Integration with Other Modules
49. Overview of the Operating Concern and Master Data and Actual Data
50. Transfer of Overheads