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.
Management empowered by my SAP ERP
Management empowered by my SAP ERP Financials
SAP Navigation
Define Company Code
Define Business Area
Overview of all organizational units in Controlling and Logistics(SD, MM&PP)
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
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
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
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
Drilldown reporting in Financial Accounting
Info system and ABAP reports in General Ledger, accounts receivable
List Viewer
Correspondence configuration
Creating correspondence
Creating payment media
Dunning program configuration
Executing the dunning run and printing the dunning notice
Cost Elements
Cost Center Master Data
Internal Order Master Data
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
Drilldown reporting in Financial Accounting
Info system and ABAP reports in General Ledger, accounts receivable
List Viewer
Overview of the SAP Solution Manager
LSMW
SAP FI-SD Integration
SAP FI-MM Integration
