ERP – FI/CO

ERP FI modules: General ledger, accounts receivable, accounts payable, asset accounting, bank ledger, consolidation, funds management, and special purpose ledger and travel management. ERP CO modules: Cost elements, cost centres, profit centres internal orders, profitability analysis and product costing.

The Financial Accounting and Control (FICO) module in ERP is improved to detain company’s business transaction in a way that it will satisfy veneer reporting requirements. ERP-FICO have the tendency to work in real time and automatically updated itself when something new come up and can easily review economic conditions of the company accordingly this helps in taking a much better decisions and strategic planning.

The easiness of the finance organization structure provides the module power to handle any economic condition. Being a big organization with various companies and varying legal requirements & a small organization with a single legal entity, the FI module can keep analyze most financial posting and reporting.

ERP Finance and Controlling (ERP-FICO) is the best designed module for internal and external accounting process. This is an important module of ERP processes, where transaction are integrated with different parallel ERP modules for best result.

  • Introduction Of ERP

    • Introduction and Concept of ERP
    • Introduction to SAP
    • SAP R/3 Architecture
    • About Team (worked up on SAP) and their role and responsibilities
    • Type of Projects
    • System Landscape.

  • ASAP Methodology

    • Project preparation
    • Blue print
    • Realization
    • Final Preparation
    • Go Live & Support

  • SAP Navigation

    • About SAP Login
    • SAP Sessions
    • About SAP Easy Access and IMG Screen
    • Features of SAP Navigations

  • Organizational Structure of an Enterprise in the SAP R/3 System

    • Company code
    • Business Area
    • Operating Concern
    • Controlling Area
    • Credit Control Area

  • General Ledger Configuration

    • Define Fiscal Year Variant
    • Assign FYV to CC
    • Define Posting Period Variant
    • Assign PPV to CC
    • Maintain Posting Period Variant
    • Define Field Status Variant and Field control
    • Assign FSV to CC
    • Define posting key
    • Define document type
    • Define document no ranges (Internal and External)
    • Copy No range from one fiscal year to another
    • Copy No range from one company code to another
    • Define Tolerance Group for Employees
    • Define tolerance group for GL accounts
    • Define Chart of account
    • Assign CoA to CC
    • Define GL Account Group and field controls
    • Define Retained earning account
    • Create General ledger Master data
    • Change, Display, Block and Delete GL Master Data
    • Create GL Account With Reference to Other GL
    • GL Master Data Report
    • Navigation of Report as per user requirement

  • GL Postings

    • General ledger Posting with different ways
    • Document parking and posting of parked document
    • Document Display
    • Document Change
    • Document display changes
    • General Ledger Balance display
    • General Ledger Line Item Display
    • Sample Document Creation and Posting with reference to Sample document
    • Display and Change Sample Documents
    • Delete Sample Document
    • Recurring entries Creation
    • Process to execute Recurring Entries
    • Delete Recurring Entries
    • General Ledger clearing
    • Document Reversal
    • Mass document Reversal
    • Other Reporting related to GL

  • Accounts Payable Configuration

    • Define Account Group for Vendors
    • Field control of Vendor Master data screen
    • Define No. Range for Vendor Group
    • Assign No. Range to Vendor Group
    • Define customer/vendor tolerance
    • Create reconciliation account for vendors and Importance of Recon Account
    • Vendor master creation and explanation of important fields.
    • Concept of One time vendor in Business
    • Vendor Payment Terms
    • Maintenance of Vendor tax Details

  • AP Invoice, Payment and Other Postings

    • Vendor Invoice booking
    • Vendor Payments
    • Display Vendor Balance
    • Vendor Line Item Display
    • Vendor Invoice clearing
    • Vendor Credit Memo
    • Block Vendor for Payment
    • Vendor Reports and Navigation of Reports

  • Accounts Receivable Configuration

    • Define Account Group for Customer
    • Field control of Customer Master Data
    • Define No. Range for Customer Group
    • Assign No. Range to Customer Group
    • Create GL Recon Account for Customer and its Importance
    • Create Customer Master and explanation of important fields.
    • Concept of One time customer in Business
    • Maintenance of Customer tax details

  • AR Invoice, Payment And Other Postings

    • Customer Invoice Booking
    • Customer Payments
    • Display Customer Balance
    • Customer Line Item Display
    • Customer Invoice Clearing
    • Customer Credit Memo
    • Block Customer for Payment
    • Vendor Reports and Navigation of Reports

  • Various Payment Processing Modes

    • Full payment
    • Partial Payment
    • Residual Payment
    • Advance Payment
    • Bulk Payment
    • Payment with Check Management

  • Down Payment and Down Payment Request for Vendor & Customer

    • Reconciliation account for vendor/customer down payments
    • Special GL configuration
    • Advance Payment Request Configuration
    • Concept of Noted Items
    • Advance payment to vendor
    • Vendor Invoice clearing against Advance Payment
    • Advance receipt from customer
    • Clear customer advance against customer invoice
    • Advance Payment Report Navigation.
    • Advance Payment Clearing

  • Reset and reverse clearing documents Cash journal configuration

    • Petty Cash GL Creation
    • Document No. Range for Cash Journal
    • Define Cash Journal
    • Create Cash Transaction (Expenses, Revenue, Cash from Bank and Cash to Bank)
    • Print Parameters for Cash Journal
    • Post Petty Cash Receipts and Payments
    • Print Petty Cash Receipts
    • Print Cash Journal
    • Reverse Petty Cash Transactions

  • Bank Reconciliation Settings

    • Concept of House Bank and Account ID
    • Creation of House Bank and Account ID
    • Create Bank General Ledger ( Incoming, Outgoing and Main)
    • Concept of Creation Incoming, Outgoing and Main Bank in Bank Reconciliation.
    • Manual bank statement Configuration (Define account symbols, Assign Account to
    • Account symbols, Posting rule Key and Posting Rule for Manual Bank Statement)
    • Create and Assign Bank Transaction
    • Define Variants for Manual Bank Statement
    • Vendor and Customer Payment Entry ( Incoming /Outgoing Account)
    • Process Manual Bank Statement
    • Error Analysis of Manual bank Statement
    • Concept of Electronic Bank Statement.

  • Extended Withholding Tax Configuration (TDS-Tax Deduction at Source)

    • Maintain company code setting
    • Check withholding tax country
    • Withholding Tax Key
    • Concept of Business Place and Section Codes
    • Define Business US pharma: Indian execs ‘named’ in US pharma case anabolic steroid tablet best anabolic steroids for females, side effects of anabolic steroids in females include — гидроабразивная резка камня, металла и зеркальных поверхностей. заказать в москве. places and section codes
    • Maintain Tax due dates
    • Define Reason for Exemption
    • Check Recipient Type (Companies/ Individual)
    • Define Withholding Tax type for Invoice and its controls
    • Define Withholding Tax type for Payment and its Controls
    • Define Withholding Tax Codes and its Controls
    • Assign Withholding Tax type to company code
    • Activate Extended Withholding Tax
    • Define Accounts for withholding tax to be paid over
    • Define No ranges for remittance challan.
    • Assignment of TDS codes in vendor master
    • Assignment of Reason code in Vendor Master

  • TDS Posting, Adjustment and Payment

    • Vendor Advance payment and TDS Deduction on advance
    • Vendor Invoice booking and TDS Deduction on Invoice.
    • Adjustment of TDS Deducted on advance
    • Remittance challan creation (TDS Payment)
    • Reversal of Remittance Challan
    • Bank challan updation
    • TDS Reports and Tables
    • TDS Related Issue handling

  • Process Overview with Financial Postings

    • Procurement to Payment Cycle (P2P)
    • Sales Cycle
    • Production Cycle
    • Excise Postings in case of Material Procurement
    • Excise Postings in case of Asset Procurement
    • Excise Postings in Sale Cycle

  • Tax On Sale & Purchase

    • Define conditions types
    • Define Tax procedure
    • Assign Tax procedure to Co code
    • Create Input & Output tax Code
    • Assign GL account for taxes.
    • Tax invoice booking
    • Month End Cenvat utilization Process with Accounting Entries

  • Automatic Payment Program Configuration

    • Paying Company Code settings
    • Payment Method in Country
    • Payment Method in Company Code
    • Automatic Bank Determination in APP
    • Vendor Master Data settings for APP
    • Parameters Settings at the time of APP run
    • Edit Payment Proposal / Display Payment proposal Log
    • Schedule Payment run
    • Error Analysis in case of error in APP
    • Spool request processing

  • Check Mangement

    • Cheque lot creation
    • Cheque register report
    • Check assignment
    • Cheque display/change
    • Void Cheques
    • Change Cheque information
    • Manual assignment of Cheques
    • Reprinting of Cheques

  • Assets Accounting Configuration and Transactions

    • Define Chart of Dep./Dep Area
    • Assign Input Tax indicator for nontaxable acquisitions
    • Create Screen layout rules
    • Define no. range interval
    • Define Assets class
    • Specify account determination
    • Specify General ledger for asset transactions
    • Depreciation calculation methods
    • Define Depreciation key.
    • Determine depreciation area in asset classes
    • Asset master creation/Change/display
    • Business process of Asset under construction
    • Assets Acquisition postings
    • Assets Retirement postings
    • Asset transfer postings
    • Assets Explorer
    • Depreciation run
    • Error Analysis during depreciation run

  • Integration

    • MM-FI Integration
    • MM-SD Integration
    • MM-PP Integration

  • Controlling

    • Basic Controlling area Settings and assignment of Company codes
    • No Range Intervals Maintenance for Controlling Documents
    • Version settings
    • Cost element concept and creation
    • Cost Center hierarchy
    • Cost Center Master data Creation
    • Profit Center hierarchy
    • Profit Center Master data Creation
    • Testing of FI documents with Cost center and Profit center
    • Default cost center and Profit center
    • Cost element, Cost center, Profit center Reporting
    • Settlement Profile
    • Assessment and Distribution
    • Overview on Internal Orders

  • Financial Statement Version

    • Financial Statement Version

  • Month End Closing & Year End Closing related activities

    • Month End Closing & Year End Closing related activities

  • Financial Reporting’s for GL AR AP AA Real Time Scenarios

    • Day to Day Tickets resolving
    • LSMW & BDC (Recording)
    • Implementation Overview
    • Cutover Strategy
      1. GL balance upload
      2. Vendor open items upload
      3. Customer open items upload
      4. Inventory upload
      5. Petty cash Balance upload
      6. Fixed asset Balance upl
    • Support and Maintenance Process
    • Real Project Specific Documentation
      1. ASIS
      2. GAP Analysis
      3. BBP (Business Blue Print)
      4. Functional Specification documents
      5. Technical specification documents (For Reference)
      6. Key Data Structure (KDS)
      7. Master Data Templates
      8. Configuration Documents
      9. User Manuals
      10. Test Scripts
      11. Transactional Data Templates
      12. Cutover Strategy
    • Important Tables information
    • Request Transport Process
    • Interview Questions
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