SAP FICO

Creating a company in SAP: Part 1

Define a Company | Create company code | Assign company code to company | Define Business Area | Define credit control area | Assign company code to credit control area

Creating a company in SAP: Part 2

Maintain Fiscal Year | Assign company code to Fiscal Year | Define Variants for posting periods | Open and close posting periods | Assign Posting period variant to company code

Creating a company in SAP: Part 3

Define field status variant | Assign Company code to field status variant | Define document number range | Define tolerance group for employees | Define tolerance group for G/L Accounts

Chart of Accounts and Account Groups

Define Chart of Accounts | Assign Company code to Chart of Accounts | Define Account Groups

Define retained earnings in SAP

General ledger master record in SAP

Different ways of creating GL master record in SAP | Creating GL master record ‘Centrally’ in SAP | GL master record creation options explained | Posting GL entries in SAP | Delete GL master record in SAP

Accounts payable configuration in SAP: Part 1

Create Vendor accounts group | Create number ranges for vendor account group | Assign number ranges to vendor account groups

Accounts payable configuration in SAP: Part 2

Create ‘Sundry Creditors’ G/L account | Define tolerance group for vendors | Vendor Payment terms | Create vendor master record

Bank key and House bank in SAP

Automatic Payment Program (APP)

All Company Codes | Paying Company Codes | Payment methods in Country | Payment methods in company codes | Bank Determination | House Bank

Accounts receivable configuration in SAP: Part 1

Create Customer accounts group | Create number ranges for customer account group | Assign number ranges to customer account groups

Accounts receivable configuration in SAP: Part 2

Create ‘Sundry Debtors’ G/L master record |Define tolerance group for customers | Customer Payment terms | Create customer master record (SD module) and link each customer to ‘Sundry Debtors’ G/L account.

Document handling in SAP

Park Document | Hold document | Sample Document | Reverse Document | Recurring Document | Accrual Posting | Foreign currency posting