Course : SAP FICO
Type : Hands-On Training

Course Highlights:
Latest version of SAP 6.0 ECC
Concept of New General Ledger
SAP Financial Integration experience
Working with Actual Business Scenarios
Introduction – the concept of the New General Ledger

System configuration (activating the new general ledger, defining and deriving segments, assigning scenarios, defining customer-specific fields)

Documents and document splitting

Integration with Financial Accounting subsidiary ledgers and with Controlling (real-time integration of Controlling into Financial Accounting)

Reporting (=> Using the new Financial Accounting drill down reporting function (segment reporting) and the new G/L account balance display)

Closing operations

Parallel valuation and the new general ledger (introduction of the ledger solution in the new general ledger and the integration of this solution into Asset Accounting)

Using the New GL Functionality, we will work on the following:
1. Organization Structure

Client

Chart of accounts

Company code

Credit control area

Sales organization

Purchasing organization

Chart of depreciation

Controlling area

2. Master Records

GL accounts

Customers

Vendor

Banks

Account groups

Number ranges

General Ledger

Sub-ledger

3. Documents

Document header

Line items

Document type

Special document types

Document number ranges

Posting keys

Field status definition

Payment terms

4. Posting periods

Posting periods

Fiscal Year

5. Accounts/line items

Display formats

Allocation fields

Work lists

6. Foreign Currency

Foreign Currency keys

Parallel currencies

Exchange rates

7. Other special features

Fast entry

Inter-company transactions

Hold data

Document parking

8. Reference documents

Actual documents

Sample documents

Account assignment models

Recurring documents

9. Reports

Delivered reports

Variants

10. Incoming payments

Partial Residual payments

Foreign currency

Payment advices

11. Account analysis

Payment history

Credit limit

Clearing procedures

12. Outgoing payments

Payment program

13. Clearing

Selection options

Reset cleared items

14. Closing using New GL

Month- end closing

Yearend closing

15. Preparing a Balance Sheet

Foreign Currency

GR/IR clearing

Accrual / Deferral documents

16. Valuating Foreign Currency

Open items

Balance Sheet accounts

17. Financial Statements

Main structures

Financial statement versions

18. Integration of FICO with other SAP

MM Integration & Invoice verification

SD Integration & Billing

19. Special General Ledger Transactions

Down Payments

Guarantees

Cost Controlling
01. Overhead cost controlling

Tasks in overhead cost controlling

Organization units in CO

02. Master data in Cost element and cost center Accounting

Master data and transaction data

Cost elements

Cost center

Statistical key figures

03. Transaction - Based posting

Number assignment for CO documents

Account assignment logic

Automatic and default account assignment

Transaction-based posting in CO

04. Periodic allocations

Periodic reporting

Distribution

Assessment

Valuation with activity prices

Actual cost splitting

05. Planning in cost center accounting Planning scope and techniques Versions

Planning screens

Distribution keys

Plan cost splitting

Planning aids

06. Information system

Standard reports

Report painter

Report tree