SAP FICO

With SAP FICO clients can get core accounting and reporting capabilities. SAP FICO ensures the most up-to-date balances and reporting accuracy through complete integration between the General Ledger (GL) and the Accounts Receivable (AR) and Accounts Payable (AP) and Asset Accounts (AA).

The SAP FICO module integrates with other modules such as Controlling, Sales and Distribution, Purchasing and Materials Management and Human Resources. Document transactions occurring within these modules generate account postings via account determination tables.

Overview:

• FICO (Finance & Control )
• SAP Overview
• Management empowered by my SAP ERP
• Management empowered by my SAP ERP Financials
• SAP Navigation
• Financial Accounting Master Dat
• Inc. General Ledger (GL), Accounts Receivables (AR) & Accounts Payables (AP)
• Account groups
• Bank accounts/bank keys
• Chart of accounts
• Customer and vendor accounts
• G/L account
• Reconciliation accounts
• Payment Program, Dunning Program 
• Correspondence, Interest Calculation
• Correspondence configuration
• Creating correspondence
• Creating payment media
• Dunning program configuration
• Executing the dunning run and printing the dunning notice
• Executing the interest calculation run
• Executing the payment run
• Interest calculation configuration
• Payment program configuration
• Evaluation Options in Reporting
• Drilldown reporting in Financial Accounting
• Info system and ABAP reports in General Ledger, accounts receivable
• List Viewer
• The New General Ledger
• Activation and the idea of the New General Ledger
• Document splitting
• New characteristics in FI
• Real-time integration CO => FI
• Reporting with (new) FI standard drilldown reporting
• Scenarios and scenario assignment
• SAP Controlling: Basics
• Cost Elements
• Cost Center Master Data
• Internal Order Master Data
• Data Migration
• LSMW
• FI Organizational Units
• Define Company Code
• Define Business Area
• Overview of all organizational units in Controlling and Logistics(SD, MM&PP)
• Document and Posting Control: GL, AR & AP
• Cash discount and payment conditions
• Cash journal
• Clearing (manual and automatic)
• Cross-company code transactions
• Default values
• Document changes, change control
• Document reversal
• Document types and number ranges
• Foreign currencies and exchange rate differences
• Incoming and outgoing payments
• Payment differences
• Posting authorizations
• Posting keys and field status groups
• Posting periods
• Taxes
• Tolerance groups and payment differences
• Asset Accounting
• Correspondence configuration
• Creating correspondence
• Creating payment media
• Dunning program configuration
• Executing the dunning run and printing the dunning notice
• Closing Operations in Financial 
• Accounting
• Executing the interest calculation run
• Executing the payment run
• Interest calculation configuration
• Payment program configuration
• Technical, organizational and documentary steps
• Special General Ledger Transactions, Document Parking, Substitute
• Processing parked documents
• Special G/L classes and types
• Special G/L transactions using the example of payment and guarantee
• Substitution
• Validation