Glossary of Terms
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[EBOOK] SAP FICO - Career Growth for SAP FICO Consultant
Session 1 - Introduction to General Ledger Basics and Concepts
Session 2 - Ledger Setup and Account Configuration Overview
Session 3 - Field Status and Account Group Settings
Session 4 - Transport Requests and Landscape Overview
Session 5 - Currency Settings and Translation Process
Session 6 - Interest Calculation and Account Determination
Session 7 - Vendor Overview and Payables Introduction
Session 8 - Vendor Master Setup and Group Configuration
Session 9 - Special Transactions and Down Payment Handling
Session 10 - Payment Methods and Bank Configuration
Session 11 - Payment Run Execution and File Processing
Session 12 - Bad Debt Provision Setup and Posting Flow
Session 13 - Cash Journal Setup and Petty Cash Handling
Session 14 - Bank Statement Processing and Error Handling
Session 15 - Bank Charges Setup and Statement Scenarios
Session 16 - Mass Changes in Line Items and Master Records
Session 17 - Data Migration Concepts Using LSMW Overview
Session 18 - BDC Recording and Migration Execution Steps
Session 19 - Asset Overview and Core Accounting Concepts
Session 20 - Depreciation Chart and Asset Setup Basics
Session 21 - Posting Keys Usage in Transaction Processing
Session 22 - Integration Fixes and Material Period Updates
Session 23 - Asset Tables and Procurement Process Flow
Session 24 - Depreciation Posting and Asset Transactions
Session 25 - Controlling Area Setup and Overview Concepts
Session 26 - Cost Elements Creation and Center Postings
Session 27 - Cost Planning and Reporting with KP06
Session 28 - Allocation Cycles and Reposting Techniques
Session 29 - Asset Retirement and Sale Processing Flow
Session 30 - Learning Portal Access and Material Discussion
Session 31 - Plan Price Setup and Sales Integration Overview
Session 32 - Sales Structure Setup and Assignment Flow
Session 33 - Pricing Setup, Tax Flow and Partner Roles
Session 34 - Product Costing Wrap Up and Statement Setup
Session 35 - Profitability Analysis Setup and COPA Configuration
Session 36 - Purchase Order Creation and Pricing Control Flow
Session 37 - Sales Order Creation and Integration with Finance
Session 38 - Delivery Processing and Billing Flow Execution
Session 39 - Statement Execution and Trial Balance Review
Session 40 - New Ledger Activation and Splitting Configuration
Additional Videos - Set 1
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Demo - Start your career in SAP FICO (56:11)
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Intro - Fundamentals of SAP FICO and Integration (35:27)
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Session Video - Initial Setup of Financial Accounting (52:29)
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Session Video - Defining Company and Credit Structures (64:50)
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Session Video - General Ledger Accounts and Postings (64:53)
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Session Video - Recording Entries and Managing Transactions (57:45)
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Session Video - Setting Up Accounts Payable Framework (66:33)
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Session Video - Vendor Data and Payment Conditions (58:01)
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Session Video - House Bank and Core Accounting Setup (63:34)
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Session Video - Bank Statements Processing and Lockbox Use (71:56)
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Session Video - Defining Tax Rules and Calculation Logic (57:20)
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Session Video - Asset Ledger and Depreciation Rules (41:04)
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Session Video - Asset Classes with Depreciation Methods (61:39)
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Session Video - Asset Lifecycle Transactions Handling (52:49)
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Session Video - Consolidated Review and Open Q&A (23:29)
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Session Video - Activating Features of New General Ledger (58:07)
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Session Video - Real-Time Posting and Splitting in Ledgers (45:33)
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Session Video - Review of Configurations and Key Insights (64:35)
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Session Video - Structuring Organization and Ledger Basics (53:51)
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Session Video - Fiscal Year Variants with Ledger Setup (60:35)
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Session Video - Advanced Ledger Functions and Reporting (56:42)
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Session Video - Posting Rules with Open Item Controls (56:52)
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Session Video - Extended Options in Ledger Management (31:47)
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Session Video - Creating Controlling Area and Cost Centres (38:05)
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Session Video - Defining Fiscal Year and Company Parameters (47:52)
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Session Video - Chart of Accounts with GL Master Records (27:08)
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Session Video - Defining Customer Groups and Data (40:05)
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Session Video - Vendor Groups and Data Maintenance (35:13)
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Session Video - Assigning Vendor Ranges and Payment Terms (28:08)
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Session Video - Configuring Automatic Payment Program (28:50)
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Session Video - Asset Structures and Depreciation Keys (21:25)
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Session Video - Document Lifecycle from Entry to Reports (28:02)
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Session Video - FBZP Settings for Outgoing Payments (22:35)
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Session Video - Running Automatic Payments via F110 (25:48)
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Session Video - Introduction to LSMW for Data Upload (41:49)
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Session Video - Recording and Executing LSMW Projects (23:21)
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Session Video - SAP Dunning Process and Execution Steps (64:29)
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Session Video - Product Cost Planning Concepts and Setup (60:06)
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Session Video - Basics of Profit Center Accounting (41:20)
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Session Video - Setting Up Controlling and Cost Elements (67:30)
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Session Video - Cost Centre Allocations and Activity Planning (52:55)
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Session Video - Configuring Profit Centre Transactions (55:02)
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Session Video - Profitability Analysis with Internal Orders (48:05)
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Session Video - SD Integration with FICO and Financial Statement Structuring (43:05)
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Session Video - Q&A (24:12)
Additional Videos - Set 2
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Session Video - Project Plan (62:14)
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Session Video - Organization Structure (127:15)
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Session Video - Financial Accounting Basics and Organization Structure (112:42)
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Session Video - Organization Structure (124:08)
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Session Video - GL Postings (122:01)
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Session Video - Park Doc, Recurring Doc, Translation (111:19)
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Session Video - Park Doc, GL Tolerances, Sort Key (93:06)
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Session Video - Foreign Currency Revaluation (120:44)
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Session Video - APP (108:40)
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Session Video - Intercompany Postings & Automatic Payment Program (73:45)
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Session Video - App Execution (120:21)
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Session Video - Check Payments (125:37)
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Session Video - Electronic Bank Transfer (108:12)
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Session Video - Cash Journal (104:36)
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Session Video - Integration of FI with MM Configuration (93:30)
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Session Video - Integration of FI with MM Postings (116:10)
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Session Video - Planned and Unplanned Delivered Costs - Scenarios (83:32)
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Session Video - Integration of FI with SD configuration (79:34)
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Session Video - Integration of FI with SD postings (Billing using CoPA) (71:26)
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Session Video - COPA with SD (77:40)
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Session Video - Product Costing (Part A) (90:37)
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Session Video - Product Costing (Part B) (58:35)
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Session Video - Internal Orders (97:40)
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Session Video - Period End Closing (83:04)
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Session Video - iDocs, Data Migration (104:35)
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Session Video - Mass Changes (76:40)
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Session Video - Integration (77:39)
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Session Video - Applying Delivery Cost (75:51)
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Session Video - EBS Scenarios (70:10)
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Session Video - Transporting of Tax codes and Payment method supplement (73:56)
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Session Video - Supplement Scenario and Blank Currency Config and Scenario (76:43)
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Session Video - Partial payment using F110 Config and Scenario (65:54)
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Session Video - Asset Accounting (101:40)
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Session Video - Withholding Tax (69:36)
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Session Video - Postings in Asset Accounting (74:54)
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Session Video - Transactions in Asset Accounting (106:35)
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Session Video - Retained Earning Account (62:50)
Assessments - FINANCIAL ACCOUNTING
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Assessment - 1. Introduction to SAP R_3
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Assessment - 2. Financial Accounting Basic Settings
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Assessment - 3. General Ledger Accounting
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Assessment - 4. Accounts Payable
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Assessment - 5. Accounts Receivable
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Assessment - 6. Bank Accounting
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Assessment - 7. Data Migration
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Assessment - 8. Asset Accounting
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Assessment - 9. New General ledger Accounting
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Assessment - 10. Reports
Assessments - CONTROLLING
Assessments - PRODUCT COSTING
Assessments - INTEGRATION
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Assessment - 1. Integration of Financial Accounting with Materials Management
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Assessment - 2. Integration of Financial Accounting with Sales and Distribution
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Assessment - 3. Validations and Substitutions with Sets
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Assessment - 4. Sales Tax
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Assessment - 5. Year-End Closing and Month-End Closing
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Assessment - 6. Idocs
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Assessment - 7. ASAP Methodology
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Assessment - 8. Real-time Documentation
Assignments - FINANCIAL ACCOUNTING
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Assignment - 1. Introduction to SAP R_3
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Assignment - 2. Financial Accounting Basic Settings
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Assignment - 3. General Ledger Accounting
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Assignment - 4. Accounts Payable
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Assignment - 5. Accounts Receivable
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Assignment - 6. Bank Accounting
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Assignment - 7. Data Migration
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Assignment - 8. Asset Accounting
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Assignment - 9. New General ledger Accounting
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Assignment - 10. Reports
Assignments - CONTROLLING
Assignments - INTEGRATION
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Assignment - 1. Integration of Financial Accounting with Materials Management
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Assignment - 2. Integration of Financial Accounting with Sales and Distribution
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Assignment - 3. Validations and Substitutions with Sets
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Assignment - 4. Sales Tax
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Assignment - 5. Year-End Closing and Month-End Closing
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Assignment - 6. Idocs
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Assignment - 7. ASAP Methodology
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Assignment - 8. Real-time Documentation
Assignments - PRODUCT COSTING
Additional Assessments
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Assessment - 1. Introduction to SAP R3
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Assessment - 2. Financial Accounting Basic Settings
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Assessment - 3. General Ledger Accounting
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Assessment - 4. Accounts Payable
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Assessment - 5. Accounts Receivable
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Assessment - 6. Bank Accounting Configuration in SAP FICO
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Assessment - 7. Configuration of Asset Management
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Assessment - 8. Period-End Activities
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Assessment - 9. New GL
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Assessment - 10. BDC
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Assessment - 11. LSMW
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Assessment - 12. FSV
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Assessment - 13. Controlling
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Assessment - 14. Cost Element Accounting
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Assessment - 15. Cost Center Accounting
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Assessment - 16. Internal Orders
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Assessment - 17. Profit Center Accounting
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Assessment - 18. Product Cost Planning
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Assessment - 19. Profitability analysis
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Assessment - 20. Integration of MM with FICO
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Assessment - 21. Integration of SD with FICO
Additional Assignments
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Assignment - 1. Introduction to SAP R3
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Assignment - 2. Financial Accounting Basic Settings
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Assignment - 3. General Ledger Accounting
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Assignment - 4. Accounts Payable
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Assignment - 5. Accounts Receivable
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Assignment - 6. Bank Accounting Configuration in SAP FICO
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Assignment - 7. Configuration of Asset Management
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Assignment - 8. Period-End Activities
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Assignment - 9. New GL
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Assignment - 10. BDC
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Assignment - 11. LSMW
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Assignment - 12. FSV
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Assignment - 13. Controlling
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Assignment - 14. Cost Element Accounting
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Assignment - 15. Cost Center Accounting
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Assignment - 16. Internal Orders
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Assignment - 17. Profit Center Accounting
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Assignment - 18. Product Cost Planning
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Assignment - 19. Profitability analysis
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Assignment - 20. Integration of MM with FICO
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Assignment - 21. Integration of SD with FICO
Lab Activity - Accounts Receivable
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1. Advance Payments (Down Payments)
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2. Assign Number Ranges to Customer Account Groups & Creation of Sales ac
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3. Associate Sundry Debtors Ac with Advance from Customers AC
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4. Check Customer Line Item Display
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5. Check Party a/c
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6. Check Party Account
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7. Check the Customer Line Item Display
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8. Creation of Customer Master Record
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9. Creation of Sundry Debtors Ac
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10. Define Dunning Procedures
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11. Define Types and Number Ranges
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12. Display Customer Line Items
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13. Display the Line Items of Customer
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14. Dunning
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15. Execution of Dunning Program
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16. Journal Entries In Accounts Receivables
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17. Notes - Posting of Remaining Amount Received
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18. Notes Items
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19. Notes
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20. Part Payments
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21. Posting of Incoming Payment
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22. Posting of Sales Invoice
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23. Residual Payment Method
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24. Sale Invoice Posting
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25. Step 1 & Step 2
Lab Activity - Accounts Payable
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1. Advance Payment Posting
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2. Advance Payments (Down Payments)
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3. Assign Payment Method in Vendor Account
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4. Automatic Payment Program
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5. Check Party Ac
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6. Check the Vendor Line item display
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7. Correspondence Party Statement of Account
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8. Creation of GL Ac – Bank Ac
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9. Creation of Vendor Account Groups
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10. Execution of Automatic Payment Program
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11. House Banks
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12. Manual Check Updation
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13. Other Relevant Transaction Codes for Vendor Master Records
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14. Accounts Payable - Part Payments
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15. Posting of Purchase Invoice
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16. Purchase Invoice Posting
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17. Purchase Returns (Vendor Credit Memo
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18. Residual Payment Method
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19. Set Up All Company Codes for Payment Transactions
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20. Spool
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21. To See Checks To Execute the Printing Check
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22. Tolerance Groups for Vendors
Lab Activity - Basic Settings in SAP FICO
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1. Assign Company Code to Chart of Accounts - T Code - OB62
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2. Assign Company Code to Company OX16 and Define Business Area
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3. Chart of Accounts
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4. Creation of Company
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5. Define Account Groups - TCode - OBD4 and Define Retained Earnings Account TCode OB53
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6. Define Company Code
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7. Defining Tolerance Group for GL Accounts, Employees and Assign Users to Tolerance Groups
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8. Definition of Field Status Variant and Assign Company Code to Field Status Variant
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9. Document Types and Number Ranges
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10. Field Status Variant
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11. Fiscal Year Variant
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12. Global Parameters
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13. Posting Period Variant
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14. Tolerance Group of GL Accounts
Lab Activity - Controlling
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1. Actual Overhead Assessment
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2. Automatic Generation of Cost Elements, Create Batch Input Session, Execute batch input session_
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3. Create Distribution Cycle
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4. Creation of Assessment Cycle
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5. Creation of Cost Center Groups, Posting of Transactions in FI – T. Code F-02
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6. Creation of Cost Center Standard Hierarchy
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7. Creation of Cost centers
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8. Creation of Cost Element from CO
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9. Creation of Cost Element from FI
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10. Distribution of Overheads
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11. Enter Statistical Key Figures
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12. Execute Distribution Cycle, To see the values in the target cost centers after distribution. T. Code KSB1
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13. Execution of Assessment Cycle
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14. Maintain Controlling Area
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15. Maintain Versions
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16. Maintaining Number ranges for Controlling documents
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17. Maintenance of Field Status Group for making Cost Center mandatory
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18. Mass Maintenance of GL Account Master Records
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19. Periodic Postings
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20. Periodic Postings (2)
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21. Periodic Postings (3)
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22. Repost Costs (To repost multiple Documents)
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23. Statistical Key Figures
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24. To View the Documents in Controlling, To View Cost Center-Wise Reports, Repost Line Items (To repost one
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25. Using The Statistical Key Figures in Assessment of Overheads
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26. Using The Statistical Key Figures in Assessment of Overheads (2)
Lab Activity - FSV
Lab Activity - General Ledger
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1. Accrual Deferral Documents (Step 1 and 2)
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2. Accrual Deferral Documents (Step 3 and 6)
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3. Assignment of Accounts for Automatic Postings
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4. Assignment of Accounts for Automatic Postings (1)
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5. Configuration for New General Ledger Accounting
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6. Creation of Cash Account and Surplus in P&L Account
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7. Creation of GL Master
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8. Creation of Salaries Account
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9. Creation of Term Loan Account
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10. Define Interest Calculation Types (Step 1 and 2)
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11. Calendar Types (Step 3 to 6)
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12. Deletion of Parked Document
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13. Display of Posted Document
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14. Foreign Currency Postings (Step 1 and 2)
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15. Foreign Currency Posting (Step 3 and 4)
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16. Hold Documents
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17. Interest Calculation
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18. Parking of a Document
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19. Post the documents by executing batch input and verify the term loan account balance
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20. Posting Transactions
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21. Procedure to assign default exchange rate type to document type T.CODE OBA7
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22. Recurring Documents (Step 1 to 5)
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23. Recurring Documents (Step 6 to 8)
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24. Reversals
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25. Sample Documents (Step 1 to 3)
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26. Sample Documents (Step 4 to 6)
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27. Term Loan Installment Payment
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28. Term Loan Receipt - T.Code – F-02
Lab Activity - GL Bank Interest Calculation
Lab Activity - Integration of FI-MM
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1. Consolidated - Integration of FI-MM
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2. Assign Purchase Organization to Company Code, Assign Purchase Organization to Plant,Creation of Plant Parameters
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3. Assignment of Accounts for automatic postings (Integration)
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4. Creating Material Master Record
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5. Creation of GL account’s in FI
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6. Creation of Goods Receipt
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7. Creation of GRIR Clearing Account
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8. Creation of Number Ranges
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9. Creation of purchase order
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10. Creation of Raw material consumption Account
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11. Creation of Vendor Master Record
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12. Define Create Plant
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13. Define Create Storage location
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14. Goods issue to Production
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15. Invoice Verification
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16. Maintain Plant Parameters for Invent
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17. Maintain Posting Periods for Material Management, Valuation Grouping Code,Purchase Order Tolerance Group
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18. Maintain Purchase Organization, Assignment of Plant to Company Code
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19. Purchase Order Tolerance Group, GR Toler
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20. Prerequisites 1 & 2
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21. Prerequisites 3, 4 & 5
Lab Activity - Internal Order Accounting
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1. Consolidated - Internal Order Accounting
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2. Change the New Field Status Group in Salaries AC and Rent ac T. Code FS00
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3. Configuration for Real Internal Orders
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4. Creation of field status group making cost enter and internal order mandatory
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5. Creation of Field Status Group Making ‘Internal Order’ Mandatory
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6. Creation of GL account
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7. Creation of Internal Order Master Record. T. Code – KO01
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8. Creation of Internal Order Master Records
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9. Creation of Order Type. T. Code. KOT2_FUNCAREA
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10. Creation of Order Types
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11. Define Number Ranges for the Controlling Activity “KOAO” Actual Settlement
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12. Display Cost Center Reports
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13. Display the Internal Order Report
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14. Execution of Settlement
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15. Maintain Number Ranges for Settlement Documents
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16. Maintain Settlement Profiles T. Code OKO7
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17. Planning Internal Order Wise
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18. Post the Transaction for “Salaries ac and Rent ac” in FI. T. Code F-02
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19. Posting of Transactions in FI
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20. Repost costs (reposting multiple documents in a cost center)
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21. Repost line items (reposting one document)
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22. To See Internal Order Wise Report
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23. To See the Report T. Code – KOB1
Lab Activity - New General Ledger
Lab Activity - Profit Center Accounting
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1. Consolidated - Profit Center Accounting
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2. Assignment of Profit Center in the Cost Center (For identification of expenses)
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3. Choose Accounts for Balance Sheet, Creation of AC Groups for Planning
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4. Creation of Dummy Profit Center
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5. Creation of Profit Centers
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6. Creation of Revenue Element for Sales, Maintain Automatic Account Assignment of - Copy
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7. Maintain Plan Versions
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8. Planning for Balance Sheet Items
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9. Planning for P&L items
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10. Post Transactions Covering P&L Items and BS Items, To View the Report Showing Plan Actual Variance Profit Center Wise, for BS
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11. Set Controlling Area, Maintain Controlling Area Settings
Lab Activity - Profitability Analysis
Lab Activity - Sales Tax and With Holding Tax
Lab Activity - SAP VAT
Additional Lab Activity
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Lab Activity - Project Plan
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Lab Activity - Creating an Organization Structure
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Lab Activity - Financial Accounting Basics and Organization Structure
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Lab Activity - General Ledger (GL) Postings
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Lab Activity - Park Document, Recurring Document, and Translation
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Lab Activity - Park Document, GL Tolerances, and Sort Key
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Lab Activity - Foreign Currency Revaluation
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Lab Activity - Automatic Payment Program (APP)
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Lab Activity - Intercompany Postings & Automatic Payment
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Lab Activity - Automatic Payment Program (APP) Execution
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Lab Activity - Check Payments
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Lab Activity - Electronic Bank Transfer
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Lab Activity - Cash Journal
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Lab Activity - Integration of FI with MM Configuration
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Lab Activity - Integration of FI with MM Postings
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Lab Activity - Planned and Unplanned Delivered Costs – Scenarios
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Lab Activity - Integration of FI with SD Configuration
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Lab Activity - Integration of FI with SD Postings
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Lab Activity - COPA with SD
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Lab Activity - Product Costing
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Lab Activity - Internal Orders
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Lab Activity - Period End Closing
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Lab Activity - iDocs, Data Migration
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Lab Activity - Mass Changes
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Lab Activity - Integration
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Lab Activity - Applying Delivery Cost
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Lab Activity - EBS Scenarios
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Lab Activity - Transporting Tax Codes and Payment Method Supplements
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Lab Activity - Supplement Scenario and Blank Currency Configuration and Scenario
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Lab Activity - Asset Accounting
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Lab Activity - Withholding Tax Processing
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Lab Activity - Postings in Asset Accounting
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Lab Activity - Transactions in Asset Accounting
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Lab Activity - Retained Earnings Account
Shared by Trainer
User Guides (Downloaded from the Internet as it is available for Public Use)
Certification MCQ's
Capstone Projects / Case Studies
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Capstone Project - 1. Brownfield Implementation of SAP S4HANA Finance from ECC
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Capstone Project - 2. End-to-End Financial Accounting Process Configuration
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Capstone Project - 3. Global Rollout of Shared Services Center for Finance
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Capstone Project - 4. Implementation of SAP FICO for a Manufacturing Company
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Capstone Project - 5. SAP FICO Support and Upgrade Project
Sample Resumes
Interview Questions
Prepare your Linkedin profile
Prepare your Resume
Final Quiz
