19. Periodic Postings (2)

SAP FICO GUIDANCE Training (1-1) Training

Glossary of Terms

Glossary of SAP FICO Guidance Terms

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Session 1 - Payment Medium Configuration and File Processing

Session Video - Payment Medium Configuration and File Processing (31:38)
Assignment
Quiz

Session 2 - Handling Issues in Accounts Payable and Year End

Session Video - Handling Issues in Accounts Payable and Year End (26:51)
Assignment
Quiz

Session 3 - Validations for Vendor Invoices and Expense Entries

Session Video - Validations for Vendor Invoices and Expense Entries (29:07)
Assignment
Quiz

Session 4 - Substitution Rules and Business Transaction Enhancements

Session Video - Substitution Rules and Business Transaction Enhancements (20:50)
Assignment
Quiz

Session 5 - Integration of Sales and Finance with Order Processing

Session Video - Integration of Sales and Finance with Order Processing (34:28)
Assignment
Quiz

Assessments

Assessment - 1. Introduction to SAP R3
Assessment - 2. Financial Accounting Basic Settings
Assessment - 3. General Ledger Accounting
Assessment - 4. Accounts Payable
Assessment - 5. Accounts Receivable
Assessment - 6. Bank Accounting Configuration in SAP FICO
Assessment - 7. Configuration of Asset Management
Assessment - 8. Period-End Activities
Assessment - 9. New GL
Assessment - 10. BDC
Assessment - 11. LSMW
Assessment - 12. FSV
Assessment - 13. Controlling
Assessment - 14. Cost Element Accounting
Assessment - 15. Cost Center Accounting
Assessment - 16. Internal Orders
Assessment - 17. Profit Center Accounting
Assessment - 18. Product Cost Planning
Assessment - 19. Profitability analysis
Assessment - 20. Integration of MM with FICO
Assessment - 21. Integration of SD with FICO

Assignments

Assignment - 1. Introduction to SAP R3
Assignment - 2. Financial Accounting Basic Settings
Assignment - 3. General Ledger Accounting
Assignment - 4. Accounts Payable
Assignment - 5. Accounts Receivable
Assignment - 6. Bank Accounting Configuration in SAP FICO
Assignment - 7. Configuration of Asset Management
Assignment - 8. Period-End Activities
Assignment - 9. New GL
Assignment - 10. BDC
Assignment - 11. LSMW
Assignment - 12. FSV
Assignment - 13. Controlling
Assignment - 14. Cost Element Accounting
Assignment - 15. Cost Center Accounting
Assignment - 16. Internal Orders
Assignment - 17. Profit Center Accounting
Assignment - 18. Product Cost Planning
Assignment - 19. Profitability analysis
Assignment - 20. Integration of MM with FICO
Assignment -21. Integration of SD with FICO

Lab Activity - Accounts Receivable

1. Advance Payments (Down Payments)
2. Assign Number Ranges to Customer Account Groups & Creation of Sales ac
3. Associate Sundry Debtors Ac with Advance from Customers AC
4. Check Customer Line Item Display
5. Check Party ac
6. Check Party Account
7. Check the Customer Line Item Display
8. Creation of Customer Master Record
9. Creation of Sundry Debtors Ac
10. Define Dunning Procedures
11. Define Types and Number Ranges
12. Display Customer Line Items
13. Display the Line Items of Customer
14. Dunning
15. Execution of Dunning Program
16. Journal Entries In Accounts Receivables
17. Notes - Posting of Remaining Amount Received
18. Notes Items
19. Notes
20 . Part Payments
21. Posting of Incoming Payment
22. Posting of Sales Invoice
23. Residual Payment Method
24. Sale Invoice Posting
25. Step 1 & Step 2

Lab Activity - Accounts Payable

1. Advance Payment Posting
2. Advance Payments (Down Payments)
3. Assign Payment Method in Vendor Account
4. Automatic Payment Program
5. Check Party Ac
6. Check the Vendor Line item display
7. Correspondence Party Statement of Account
8. Creation of GL Ac – Bank Ac
9. Creation of Vendor Account Groups
10. Execution of Automatic Payment Program
11. House Banks
12. Manual Check Updation
13. Other Relevant Transaction Codes for Vendor Master Records
14. Part Payments
15. Posting of Purchase Invoice
16. Purchase Invoice Posting
17. Purchase Returns (Vendor Credit Memo
18. Residual Payment Method
19. Set Up All Company Codes for Payment Transactions
20. Spool
21. To See Checks To Execute the Printing Check
22. Tolerance Groups for Vendors

Lab Activity - Basic Settings in SAP FICO

1. Assign Company Code to Chart of Accounts - T Code - OB62
2. Assign Company Code to Company OX16 and Define Business Area
3. Chart of Accounts
4. Creation of Company
5. Define Account Groups - TCode - OBD4 and Define Retained Earnings Account TCode OB53
6. Define Company Code
7. Defining Tolerance Group for GL Accounts, Employees and Assign Users to Tolerance Groups
8. Definition of Field Status Variant and Assign Company Code to Field Status Variant
9. Document Types and Number Ranges
10. Field Status Variant
11. Fiscal Year Variant
12. Global Parameters
13. Posting Period Variant
14. Tolerance Group of GL Accounts

Lab Activity - Controlling

1. Actual Overhead Assessment
2. Automatic Generation of Cost Elements, Create Batch Input Session, Execute batch input session_
3. Create Distribution Cycle
4. Creation of Assessment Cycle
5. Creation of Cost Center Groups, Posting of Transactions in FI – T. Code F-02
6. Creation of Cost Center Standard Hierarchy
7. Creation of Cost centers
8. Creation of Cost Element from CO
9. Creation of Cost Element from FI
10. Distribution of Overheads
11. Enter Statistical Key Figures
12. Execute Distribution Cycle, To see the values in the target cost centers after distribution. T. Code KSB1
13. Execution of Assessment Cycle
14. Maintain Controlling Area
15. Maintain Versions
16. Maintaining Number ranges for Controlling documents
17. Maintenance of Field Status Group for making Cost Center mandatory
18. Mass Maintenance of GL Account Master Records
19. Periodic Postings (2)
20. Periodic Postings (3)
21. Periodic Postings
22. Repost Costs (To repost multiple Documents)
23. Statistical Key Figures
24. To View the Documents in Controlling, To View Cost Center-Wise Reports, Repost Line Items (To repost one
25. Using The Statistical Key Figures in Assessment of Overheads
26. Using The Statistical Key Figures in Assessment of Overheads (2)

Lab Activity - FSV

1. Financial Statement Version

Lab Activity - General Ledger

1. Accrual Deferral Documents (Step 1 and 2)
2. Accrual Deferral Documents (Step 3 and 6)
3. Assignment of Accounts for Automatic Postings
4. Assignment of Accounts for Automatic Postings (1)
5. Configuration for New General Ledger Accounting
6. Creation of Cash Account and Surplus in P&L Account
7. Creation of GL Master
8. Creation of Salaries Account
9. Creation of Term Loan Account
10. Define Interest Calculation Types (Step 1 and 2)
11. Define Interest Calculation Types - Calendar Types (Step 3 to 6)
12. Deletion of Parked Document
13. Display of Posted Document
14. Foreign Currency Postings (Step 1 and 2)
15. Foreign Currency Posting (Step 3 and 4)
16. Hold Documents
17. Interest Calculation
18. Parking of a Document
19. Post the documents by executing batch input and verify the term loan account balance
20. Posting Transactions
21. Procedure to assign default exchange rate type to document type T.CODE OBA7
22. Recurring Documents (Step 1 to 5)
23. Recurring Documents (Step 6 to 8)
24. Reversals
25. Sample Documents (Step 1 to 3)
26. Sample Documents (Step 4 to 6)
27. Term Loan Installment Payment
28. Term Loan Receipt - T.Code – F-02

Lab Activity - GL Bank Interest Calculation

1. GL Bank Interest Calculation

Lab Activity - Integration of FI-MM

1. Consolidated - Integration of FI-MM
2. Assign Purchase Organization to Company Code, Assign Purchase Organization to Plant,Creation of Plant Parameters
3. Assignment of Accounts for automatic postings (Integration)
4. Creating Material Master Record
5. Creation of GL account’s in FI
6. Creation of Goods Receipt
7. Creation of GRIR Clearing Account
8. Creation of Number Ranges
9. Creation of purchase order
10. Creation of Raw material consumption Account
11. Creation of Vendor Master Record
12. Define Create Plant
13. Define Create Storage location
14. Goods issue to Production
15. Invoice Verification
16. Maintain Plant Parameters for Invent
17. Maintain Posting Periods for Material Management, Valuation Grouping Code,Purchase Order Tolerance Group
18. Maintain Purchase Organization, Assignment of Plant to Company Code
19. Prerequisites 1 & 2
20. Prerequisites 3, 4 & 5
21. Purchase Order Tolerance Group, GR Toler

Lab Activity - Internal Order Accounting

1. Consolidated - Internal Order Accounting
2. Configuration for Real Internal Orders
3. Change the New Field Status Group in Salaries AC and Rent ac T. Code FS00
4. Creation of Field Status Group Making ‘Internal Order’ Mandatory
5. Creation of field status group making cost enter and internal order mandatory
6. Creation of GL account
7. Creation of Internal Order Master Record. T. Code – KO01
8. Creation of Internal Order Master Records
9. Creation of Order Type. T. Code. KOT2_FUNCAREA
10. Creation of Order Types
11. Define Number Ranges for the Controlling Activity “KOAO” Actual Settlement
12. Display Cost Center Reports
13. Display the Internal Order Report
14. Execution of Settlement
15. Maintain Number Ranges for Settlement Documents
16. Maintain Settlement Profiles T. Code OKO7
17. Planning Internal Order Wise
18. Post the Transaction for “Salaries ac and Rent ac” in FI. T. Code F-02
19. Posting of Transactions in FI
20. Repost costs (reposting multiple documents in a cost center)
21. Repost line items (reposting one document)
22. To See Internal Order Wise Report
23. To See the Report T. Code – KOB1

Lab Activity - New General Ledger

1. Consolidated - New General Ledger

Lab Activity - Profit Center Accounting

1. Consolidated - Profit Center Accounting
2. Assignment of Profit Center in the Cost Center (For identification of expenses)
3. Choose Accounts for Balance Sheet, Creation of AC Groups for Planning
4. Creation of Dummy Profit Center
5. Creation of Profit Centers
6. Creation of Revenue Element for Sales, Maintain Automatic Account Assignment of - Copy
7. Maintain Plan Versions
8. Planning for Balance Sheet Items
9. Planning for P&L items
10. Post Transactions Covering P&L Items and BS Items, To View the Report Showing Plan Actual Variance Profit Center Wise, for BS
11. Set Controlling Area, Maintain Controlling Area Settings

Lab Activity - Profitability Analysis

1. Profitability Analysis

Lab Activity - Sales Tax and With Holding Tax

1. Tax on Sales and Purchase
2. Withholding Tax

Lab Activity - SAP VAT

1. VAT Calculation

Configuration Guides (Downloaded from the Internet as it is available for Public Use)

Configuration Guide - SAP S4HANA FICO 1909 by Upendra Ammineni
Configuration Guide - SAP FICO Configurations by V. Parameswar Reddy
Configuration Guide - ERP ECC 6.0 SAP FI/CO
SAP FICO - Important Tables
Configuration Guide - SAP FI Accounts Receivable and Accounts Payable
Configuration Guide - SAP ERP Financials and FICO Handbook
Configuration Guide - SAP FICO
Configuration Guide - Quick Guide for SAP Finance and Controlling
Configuration Guides - Accounts Payable Configuration Steps
Configuration Guide - SAP FICO and MM Config Document Pavith
Configuration Guide - SAP FICO Configuration Guide
Configuration Guide - SAP FICO Total Configuration
Configuration Guide - Yet Another SAP FICO Configuration Guide

Certification MCQ's

C_TFIN52_67 - SAP Certified Development Associate - Financial Accounting with SAP ERP 6.0 EhP7
C_TS4FI_2023 - SAP S4HANA Cloud Financial Accounting

Capstone Projects / Case Studies

Capstone Project - 1. Financial Reporting and Cost Control using SAP FICO
Capstone Project - 2. Global Rollout of Shared Services Center for Finance and Accounting
Capstone Project - 3. Implementation of SAP FICO in a Manufacturing Company
Capstone Project - 4. SAP FICO Integration with SAP MM and SD Modules
Capstone Project - 5. SAP S/4HANA Finance Greenfield Implementation

Interview Questions

Interview Questions - Set 1
Interview Questions - Set 2
Interview Questions - Set 3
Interview Questions - Set 4
Interview Questions - Set 5

Sample Resumes

Sample Resume - SAP FICO Fresher
Sample Resume - SAP FICO Mid-Level Professional (2-4 Years Experience)
Sample Resume - SAP FICO Experienced Professional (8+ Years)

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Final Quiz

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