Sap fi module mainly deals with fixed asset, accrual, bank, cash journal, inventory, and tax accounting, general ledger,accounts receivableaccounts payable arap, fast close functions,financial statements,parallel valuations,master data governance. Having configured the fi gl component, we now need to c onfigure the second important module accounts receivable ar and accounts payable ap of sap. This chapter discusses the configuration required for managing ac counts receivable. In the fiscal year variant we can define the following areas how many posting periods a fiscal year has. Sap jva configuration settings for fi co intercompany reconciliation.
These cash transactions can be cash payments, cash receipts or check receipts. Guided configuration follows the principle of a system driven implementation. All billing transactions happening in the sales and distribution modul e will result in fi postings. Fico configuration transaction codes erp financials. In case the financial accounting year is april to march, youcan use the standard fiscal year variant v3 in sap. In this book you will find out the configuration processes in detail with full of steps, informations covered for each areas and you will find the screenshots too.
Uncheck the blocked checkbox under the status tab and click. This is because all businesses in the same country need to follow the same taxation policies and generally accepted accounting principles while preparing their financial statements. Pdf version quick guide resources job search discussion. Business transactions dunning define dunning procedure. Asset accounting module thus acts as a sub ledger to the fi module for managing asset records. Learn the integration of sap mm with fi indepth and in details. In sap s4hana, controlling documents are still generated along with fi. Fi module feeds in data to co modules such as cost center accounting, profit center accounting and the profitability analysis module. Sap fico configuration material debits and credits corporations. Scribd is the worlds largest social reading and publishing site. Set name of the variant as zpdf06 or the one created in step 2 click on save and then exit the step. Folder screenshots sap fico package details name of the item qty 01. The ar and ap acts as a sub ledger to fi gl for managing the balanc es of customers and vendors. Overview defining an organization structure is the very.
In this way, you will start to understand much faster what you will see in the advanced books. This series of documents for fi sd integration is divided into 4 parts. Pdf sap financial accounting configuration steps sap. Sap financial accounting is one the functional module. Adding links for other parts before i start with the content. Sap fico configuration material debits and credits. Following steps will give you an idea for correspondence configuration for example for issuing balance confirmation to vendorscustomers. Top 100 sap fico interview questions and answers pdf. Asset accounting module in sap is a very important module. Create an access sequence mwst tax indicator and underneath it an access code 10 table 3 tax code. Dunning procedures for customer configuration steps in sap. You can use the standard fiscal year variant k4 in sap where the financial accounting year corresponds to january to december. Welcome to the tutorial about sap cash journal configuration this tutorial is part of sap fi training. This page has been created in a way where it is easy for you to navigate through all the configuration steps.
Could any of you all provides me complete mm configuration guide. The sap financial accounting enterprise structure is organisational structure that represent an enterprise structure in sap and enterprise structure is the key building block to the entire organisation below are the steps of enterprise structure settings and configuration. In sap, taxes on sales and purchases are levied on invoiced goods and services payable in accordance with the principles of vat. First steps in sap fi configuration espresso tutorials controlling. It can integrate with other sap modules like sap sd, sap pp. Sap fico is the finance and cost controlling module in sap erp where fi stands for financial accounting and co stands for controlling. Sap fi co videos 65 hours sap fico course curriculum. Rajesh sharma advisory consultant usha martin limited, kolkata 3. Sap fico tutorial sap fi stands for financial accounting and it is one of important modules of sap erp. General and crossmodule configuration program transaction code.
Understanding sd fi integration in very simple terms. It is about 200 pages document with full of steps, informations covered for each areas and you will find screenshots. It is used to store the financial data of an organization. From my point of view, it is better to make a full sap fico configuration from a to z and then to dive into the details. All accounting entries with respect to the billing will have one side of the account as a customer or receivable and the other side to be a revenue account. We configured in the sap fi gl configuration book a company g ltd with the company code 9101. Fico configuration sap bpc and fico consultant blog.
Configure tax on sales and purchases sap simple docs. Sap fi bank reconciliation statement configuration, class. It can integrate with other sap modules like sap sd, sap pp, sap mm, sap scm, etc. Sap fico module comprises sap fi configuration, sap co configuration, sap fi user and sap co user.
We want to radically simplify the implementation of sap s4hana so that customers enjoy rapid success and payback. This is not and noone else virtually the perfections that we will offer. Even though the document title says fi sd integration i, it is the second part because part i was the prerequisites required for the integration. Sap finance and controlling fico is the most broadly adopted sap modules. All the posting from the aforesaid modules are posted realtime to fi module. Tax configurations are done in sap at the country level.
Access the transaction on sap graphical user interface sap gui. The tasks of funds management are to budget all revenues and expenditures for individual responsibility areas. Before making productive use of the product, please make sure that you fully understand the restrictions and have thoroughly tested the product so that you wont be impacted by the restrictions. Central payment for sap central finance is released with functional restrictions, which are described in sap note 2346233. Ensure periodend synchronization between sap jva and sap fi at the company level. Sap fico is the finance and cost controlling module in sap erp. Sap fico 1 sap fi stands for financial accounting and it is one of important modules of sap erp. Configuring pdf forms for generating customer account. Each company code is assigned a fiscal year variant. Sap s4hana finance configuration sap press books an. Configuration of general ledger accounting sap help portal. Several company codes can use the same fiscal year variant.
The reporting period is considered as jan to december. You define how your fiscal year is set up in the sap system by creating a fiscal year variant at client level. You can be consequently relieved to read it because it will meet the expense of more chances and support for higher life. To activate this product, create an incident on component fi cfapr. You also have to configure the ledgers you use in general ledger accounting. You can copy and create new variants, but bear in mind it should start with y or z as the starting character. Sap delivered table that lists all fields that can be used in substitutions and validations sadr. Sap fico module is very robust and covers almost all business process encountered in various industries. There are many other fields which are to be used according to configuration rules, account dependencies. Sap fi module mainly deals with fixed asset, accrual. Sap fi automatic payment program configuration and run. For more information, visit the financial excellence homepage.
Wingst2 goods and service tax part2 gst implementation in erp 4. What configuration fbzp needed for executing f110 in sap. Sap fico interview questions and answers pdf updated. Sap cash journal is used to capture cash transactions of a company. Group chart of accounts is used for report consolidation. Sap fico configuration material free download as pdf file. It is important to configure automatic postings in financial accounting and even more important to thoroughly test this configuration to make sure that postings are made to the correct gl accounts. Sap fico tutorial this tutorial gives you an overview and talks about the fundamentals of sap fico. How sap overcomes challenges in accounts receivable process. Summary this document helps you to configure and run automatic payment program in fico module in sap ecc 6. Assign programs for correspondence types create a new entry in the node. Sap fi helps to analyze the financial conditions of a company in the market.
Programme to regenerate sets, validations and substitutions table 4. Sap financial accounting configuration steps sap training tutorials. Sap cash journal configuration tutorial free sap fi training. In this manual, following list of configuration steps are executed using customizing settings in sap. The following sap fico configuration document is a must resource for all sap fi co consultants or beginners to understand configuration processes in detail, i guess. Here you will find basic tutorials for configuration sap fico. Set up global finance settings and then configure each financial accounting and controlling process with stepbystep instructions. Asset accounting module thus acts as a sub ledger to the fi module. Sap ag asset accounting fi aa icons icon meaning caution example note recommendation syntax april 2001 3. Sap mm fi integration is one of the advanced topics in sap configuration.
Before that you have to make some configurations for assigning the. Sap fi module is geared for external reporting ie legal reporting, tax reporting. Well start configuring the sap s4hana finance system by defining the organiza. How does fi integrate with sd and what is their account determination. It is one of the very important and widely implemented modules in sap. Are you looking to configure sap fico or just refreshing your memory on certain steps this document will show you how to configure it step by step and explain some of the business processes around it. Sap fi mm integration configration learn integration of. Sap fi automatic payment program configuration and run applies to. Choose the right approach for your sap s4hana project, consult best practices for setting project scope and timelines, and conduct requirements analysis. Sap ag funds management fi fm funds management fi fm funds management fi fm purpose the functions in this component support you in creating budgets.
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