SAP FI (Financials) is a core module for all Accounting and Financial professionals who wish to launch a career in SAP. The Financial Accounting (FI) application component fulfills all the international requirements that must be met by the financial accounting department of an organization. SAP FI module mainly deals with fixed asset, bank, cash journal, inventory, tax accounting, general/ ledger and accounts receivable/accounts payable. It is in SAP FI module that systematized and statutory data can be tracked and managed and the administrative people like, financial managers as well as other managers can review the financial position of the company in present time as compared to legacy system.
Course Contents
Day 1
SAP FI- Organization Structure
Define Company
Define Company Code
Create new companies by copying existing company code
Assign Company Code to Company
Define Business Area
Define Functional Area
Define Credit Control
Assign Company Code to Credit Control
SAP FI- Financial Accounting Global Settings
Maintain Fiscal Year Variant
Assign Company Code to Fiscal Year Variant
Define variants for Open Posting Periods
Open and Close Posting Periods
Assign Posting Period Variant to Company Code
Define Field Status Variants
Assign Company Code to Field Status Variants
Define Posting Keys
Define Document Types
Define Document Number Ranges
Define Tolerance Group for Employees
Define Tolerance Group for G/L Accounts
Assign USers to Tolerance Group
Global Parameters for Company Code
Define Additional Local Currencies for Company Code
Day 2
SAP FI - General Ledger
Define Chart of Accounts
Assign Company Code to Chart of Accounts
Define Account Groups
Define Retained Earnings Account
Define Sample account rule types
Define data transfer rules
Assign company code to rule type
Create Sample Account
Create General Ledger Account
Tax Configuration
Tax Calculation procedure
Tax condition types
Assign country to calculation structure
Jurisdiction code structure
Maintain Tax code
Allow tax codes for non-taxable transactions
Day 3
SAP FI - Accounts Payable
Create Vendor Account Groups
Create Number Ranges for Vendor Accounts
Assign the number ranges to Vendor account groups
Create Sundry Creditors Account
Define Tolerance Group for Vendors
Vendor Payment terms
Create Vendor Master Data
Automatic Payment Program
SAP FI - Account Receivable
Create Customer Account Groups
Create Number Ranges for Customer Accounts
Assign Number Ranges to Customer Account groups
Define Tolerance Group for Customer
Customer Payment Terms
Create Customer Master Record
Dunning procedure configuration
Day 4
Banking Accounting
Create bank key
Define House bank
Global House bank
Global Settings for Electronic Bank Statement
Treasure Management
Define Lockboxes
Define lockbox posting data
Define source symbols
Day 5
SAP FI - Asset Accounting
Chart of Depreciation
Assign Chart of Depreciation to Company Code
Specify Account Determination
Create Screen Layout Rules
Maintain asset number ranges
Define Asset Classes
Determine Depreciation area in the Asset Class
Assignment of General Ledger Accounts
Define Screen Layout for Asset master data
Define Screen Layout for Asset Depreciation Areas
Maintain Depreciation key
