Implementing Financial Accounting with SAP ERP.

SAP FI stands for Financial Accounting and it is one of important modules of SAP ERP. It is used to store the financial data of an organization. SAP FI helps to analyze the financial conditions of a company in the market. It can integrate with other SAP modules like SAP CO, SAP MM, SAP SD, SAP QM etc.

This course is intended for finance professionals, auditors, individuals targeting SAP-FICO solution consultancy and IT professionals.

After completing the course, the participant will have clear knowledge on SAP FI.

Basic knowledge on application software and accounting.

This course is an instructor led program with hands on labs and real life scenario. It is delivered with interactive lectures, PowerPoint presentations, question and answer sessions and project. This course is based on BYOD (Bring Your Own Device), participants are expected to bring their own device. There will be a special session for installation of software in their machines before the course starts. However, there will be provision for those who are unable to manage their device.

General Ledger

  1. Company and Company Code
  2. Chart of Accounts in SAP
  3. Create Retained Earnings Account
  4. GL Account in SAP Tutorial: Create, Display, Block & Delete FS00
  5. Posting to General Ledger
  6. Create Financial Statement Version
  7. How to perform a Journal Entry Posting FB50 in SAP
  8. Create Fiscal Year Variant & Assign to Company Code in SAP: Complete Tutorial
  9. Define Posting Period Variant
  10. Opening And Closing Posting Periods
  11. How to Define Field Status Variant & Field Status Group in SAP
  12. Document Type And Number Ranges
  13. G/L Document Tutorial: Park, Hold, Posting with Refrence in SAP
Accounts Receivable
  1. Introduction to Accounts Receivable
  2. Customer Master Data Tutorial: Create, Display, Block, Delete in SAP
  3. Change Customer Documents
  4. Create Customer Account Group
  5. One Time Customer
  6. How to post a Sales Invoice?
  7. Document Reversal
  8. Sales Returns - Credit Memo
  9. How to Post Incoming Payment
  10. How to post a Foreign Currency Invoice?
  11. Residual Method: Incoming & Outgoing Partial Payments Posting in SAP
  12. Partial Method: Incoming & Outgoing Partial Payments Posting in SAP
  13. FBRA: How to Reset Cleared Items in SAP
  14. Credit Control for the Customer
Accounts Payable
  1. Introduction to Accounts Payable
  2. How To Create a Vendor Account Group
  3. How to Block or Delete a Vendor
  4. Step by Step Guide to Create Vendor Master Data in SAP
  5. One Time Vendor
  6. FB60 in SAP: How to post a Purchase Invoice
  7. Purchases Returns - Credit Memo
  8. Outgoing Payments
  9. Withholding Tax in SAP during Vendor Invoice & Payment Posting
  10. Automatic Payment Run
  11. How to Map Symbolic Account to G/L Account
  12. Posting Rounding Differences
  1. Important Reports in SAP FI
  2. Month End Closing - Foreign Currency Revaluation
  3. Important Tables in FI Module
  4. Dunning
  5. Maintain Exchange Rates
  6. Accounts Receivable and Accounts Payable Correspondences in SAP