SAP FICO Course

Lesson 1 • Organizational Structure in SAP FICO

Defines key organizational units: company code, controlling area, and business area. These units underpin all financial postings and reporting.

Lesson 2 • FICO Module Scope and Integration

Maps the functional scope of Financial Accounting and Controlling sub-modules. Clarifies data flows between FI, CO, MM, SD, and HR.

Lesson 3 • SAP ERP Architecture Overview

Covers SAP system landscape, client-server model, and module integration. Establishes context for FICO's role within enterprise resource planning.

Lesson 1 • Document Posting and Reversal

Teaches manual journal entry creation, document types, and posting keys. Covers reversal methods to correct erroneous postings.

Lesson 2 • GL Master Record Management

Covers creation, modification, and blocking of GL master records at chart and company code levels. Ensures accurate account attributes for posting control.

Lesson 3 • Chart of Accounts Setup

Explains chart of accounts types, assignment to company codes, and account groups. Provides the structural foundation for all GL postings.

Lesson 4 • New GL and Document Splitting

Introduces New General Ledger functionality including parallel ledgers and document splitting. Enables segment-level and profit-center-level reporting.

Lesson 1 • Vendor Master Data Setup

Covers vendor master record structure across client, company code, and purchasing levels. Accurate master data drives correct payment and reconciliation behavior.

Lesson 2 • Invoice Entry and Verification

Teaches manual invoice posting, credit memo entry, and invoice parking. Connects vendor invoices to purchase orders via three-way matching.

Lesson 3 • Vendor Account Clearing and Reconciliation

Explains open item management, manual clearing, and vendor account reconciliation. Ensures AP sub-ledger balances agree with the GL reconciliation account.

Lesson 1 • Dunning Configuration and Execution

Configures dunning procedures, levels, and charges for overdue receivables. Automates customer reminder generation to support collections.

Lesson 2 • Customer Master Data Setup

Covers customer master record structure, account groups, and reconciliation account assignment. Proper setup ensures accurate billing and dunning behavior.

Lesson 3 • Customer Invoice and Credit Processing

Teaches manual customer invoice posting, credit memo creation, and billing document integration. Links AR postings to revenue accounts accurately.

Lesson 1 • Depreciation Configuration and Posting

Configures depreciation keys, calculation methods, and periodic depreciation runs. Automates depreciation expense posting to the GL.

Lesson 2 • Asset Transfer, Retirement, and Scrapping

Teaches intra-company transfers, asset sales, and scrapping transactions. Handles gain/loss on disposal and clears asset balance sheet accounts.

Lesson 3 • Asset Reporting and Year-End Close

Generates asset history sheets, depreciation forecasts, and year-end closing entries. Validates asset register accuracy before financial close.

Lesson 4 • Asset Accounting Organizational Setup

Defines chart of depreciation, depreciation areas, and company code assignment. Establishes the structural framework for all asset transactions.

Lesson 1 • Cost Center Accounting

Configures cost center hierarchy, master data, and planning. Enables actual vs. plan variance analysis at the cost center level.

Lesson 2 • Controlling Area and Basic Settings

Establishes controlling area parameters, version settings, and number ranges. These settings govern all CO transactions and planning cycles.

Lesson 3 • Internal Orders Management

Creates and manages internal orders for project cost tracking and budgeting. Covers settlement rules to transfer costs to final receivers.

Lesson 4 • Cost Allocation Methods

Configures distribution, assessment, and reposting cycles for cost allocation. Ensures overhead costs are accurately spread across cost objects.

Lesson 1 • CO-PA Data Flow and Derivation

Maps data flows from SD billing, FI, and CO into CO-PA. Configures derivation rules to populate characteristics automatically.

Lesson 2 • Profit Center Accounting Setup

Defines profit center hierarchy, master records, and assignment to cost objects. Enables profit-center-level balance sheet and P&L reporting.

Lesson 3 • Profitability Reporting and Planning

Builds CO-PA reports, drilldown reports, and planning layouts. Enables margin analysis by product, customer, and region.

Lesson 1 • Period-End Closing Activities in FI

Covers accruals, deferrals, foreign currency revaluation, and GR/IR clearing. These steps ensure period-accurate financial statements.

Lesson 2 • Period-End Closing Activities in CO

Executes overhead allocation cycles, WIP calculation, and variance analysis. Completes the CO closing sequence before FI period close.

Lesson 3 • Year-End Close and Carry-Forward

Executes balance carry-forward for GL, AR, AP, and asset accounts. Validates opening balances for the new fiscal year.

Lesson 4 • SAP Standard Reports and Drilldown

Navigates GL, AP, AR, and asset standard reports for operational monitoring. Uses drilldown functionality to trace balances to source documents.