SAP FI is made up of sub modules. The sub-modules that are often used are accounts receivables, accounts payables, asset accounting, general ledger Accounting and bank accounting.

As support SAP FICO handle trouble issue related with SAP FICO and enhancement new/existing program based on user requirement.

• Preparation of financial statements
• Profit and loss (P&L) analysis
• Balance sheet accounts reviews and reconciliations
• General Ledger (GL) and Cost Center (CC) master data management
• Purchase price valuation (PPV) analysis
• Supply Chain Management (SCM) reporting
• Month-end closing processes
• Quarterly reporting
• Audits
• Support of Liaison
• Participation in annual budget preparation
• Understanding FICO modules to the extent that you are able to suggest process improvements
• Preparation of Federal/state Income tax return statements

but as it is easier if you are a Finance Graduate/Post Graduate/CA/MBA Finance etc, to start syncing in the concepts easily.

That is the only differentiation from a degree perspective. How fast can you understand Debit-Credit, Balance Sheet/ P&L? Of course, the Finance degree guys have an edge.

• Overview of ERP?
• Advantages of SAP over other ERP Packages?
• Why we need ERP?
• History& Features of SAP
• Advantage of  SAP over another ERP package
• Introduction to SAP & R/3 Architecture
• Induction to HANA System
• ECC to HANA changes.
• Induction to S/4 HANA and Simple Finance
• S/4 HANA Benefits.
• SAP- System-Landscape
• Induction of SAP Domains (Functional, Technical and Security)
• Overview of Remaining Modules (Fun: MM, SD, PP, HR, FM etc…,Tec: ABAP and Security: BASIS)
• Fundamentals of Business Accounts (All Debit and Credit accounting entries with Profit and Loss Statement and Balance Sheet Overview.

• What is FI/CO
• Sub Modules in FI/CO
• Introduction to G/L, (New G/L), A/P,A/R, AA, Bank Accounting and Taxation.
• Introduction to CEA, CCA, EC,PCA, CO-PC, CO-PA.
• Concepts of integration with MM & SD
• Introduction of Month-end Closing & Year-end Closing

• Defining Company
• Configuring Company Code
• Defining Business Area
• Maintaining Consolidation Business Area
• Defining Credit Control Area
• Defining Financial Management Area
• Define Functional Area
• Define Segment
• Assigning Company Code to Company
• Assigning Company Code to Credit Control Area
• Assigning Business Area to Consolidation Business Area
• Assigning Company Code Financial Management Area

• Chart of Accounts- Types of COA
• Fiscal Year Variant- Types of Fiscal Years
• Posting period Variant
• Open and Close Posting Periods
• Multiple currencies & Exchange Rate Maintenance
• Field Status Variants& Groups
• Define posting keys
• Defining Tolerance Groups For GL & Employees

Other Aspects of Global Parameters

• Introduction to multiple Ledgers for local GAAP, IFRS & US GAAP
• Define & Activate New G/L
• Activation & Specification of Additional Ledgers
• Define Currency for Additional Ledgers
• Define Document Splitting for G/L Accounting
• Active Document Splitting
• Define Document types for Entry View
• Create G/L Accounts
• Documents in G/L-Ledger & Ledger Group , Foreign Currency , Special Periods
• Documents in G/L Park & Post , Hold, Recurring, Account Assignment Types etc,
• Reversal Document
• Foreign Currency Valuation
• Bank Interest Calculation
• G/L automatic Clearing Maintenance
• G/L Reports
• Transfer Balance & Carry Forward (BalanceSheet & P&L items)
• G/L Reports
• Finance Statement version

• Vendor and Customer account group
• Documents types for customer and vendors
• Number Range assignment for Account group
• Reconciliation Accounts for customers and Vendor Master Data
• Customer and Vendor Master Data
• Special GL transaction
• Automatic determination of G/L Accounts for taxes,Foreign exchange(Realized and un Realized accounts)
• Terms of payment
• House banks
• Check and transfer method of payment through banks
• Payment methods
• Automatic Payment Program
• Manual&Electronic Bank Statement
• Dunning Procedure
• Down Payments,Bills of Exchange and Guarantees
• Tax Calculation Procedure
• Taxes-Service tax with GTA and Withholding taxes(TDS&TCS)
• Customer and Vendor Reports

• FI-MM integration (Conf. from MM to attain PO,GR and IR)
• Accounts Assignment Categories in PO and business process to be used with different Account Assignment Categories
• Valuation area, Valuation class and its importance in Material Master
• Accounting aspects from Material Master
• Material Movement Types
• OBYC and G/L Account Assignments from MM process

• FI-SD Automatic Accounts determination
• Revenue Reorganization Process in FI and SD Integration
• FI+MM Integration including Excise Duty, VAT,CST
• Procurement of Direct Materials
• Procurement of Indirect Materials
• Procurement of Assets
• Procurement of services
• FI+SD Integration including Excise Duty, VAT, CST
• Sale of goods including Trading Goods& Finished Goods
• Service sales
• Excise utilization
• Taxation with GST

• Chart of Depreciation
• Define 0% tax Codes for Asset Accounting
• Asset Classes and Account determination of Asset Classes
• Depreciation Areas- Companies Act, IT ACT, IFRS&US GAAP
• Screen Layout Rules and Number Range Assignments
• Depreciation Areas for Parallel Currencies
• Group Assets
• Depreciation Keys
• Asset Master data (Main and Sub Assets)
• Overview of Revolution of Assets
• Introduction to Inflation Accounting
• Asset Acquisition (Direct and AuC)
• Running Depreciation
• Asset retirement (Scrapping, with Revenue with Customer and without Customer)
• Inter and Intra Asset Transfers
• Asset Reports/ With Different variants and Asset explorer
• Strategy on data Migration related to Assets (Legacy Assets- upload process)
• Asset procurement with MM +GL+AA Integration

Asset Sale Process with SD +GL+AA Integration

• Define controlling area
• Maintaining control areas settings
• Importance of Different Fields in controlling Area
• Assignment of Controlling area to Company Codes
• Maintaining number ranges for controlling documents
• Maintain versions
• Activate components in controlling Area

• Primary cost and secondary cost Elements
• Cost Element categories
• Cost Element groups

Cost element report

• Cost Center Hierarchy
• Cost Center Groups
• Cost Center Categories
• Cost Center Mater
• Activity Type
• Statistical Key Figures
• Reposting, Distribution and Assessment
• Activity type categories
• Planning and Budgeting of Cost Elements
• Define Planner Profile, Versions for Planner Profile
• Planning VS Budgeting of Cost centers

Cost Center Reports

• Order Management in Controlling Area
• Define and Assign number ranges to Order Groups
• Types of Orders
• Model Orders
• AuC (Assets) process with Internal Order (Real)
• Investment Management Integration with Internal Orders
• Month end and final Settlements of Internal Orders
• Information System (Reports) for Internal Order

• Configuration of product costing
• Maintain overhead cost elements
• Maintain overhead keys
• Define cost component structure
• Maintain Overhead cost Elements
• Define Costing Sheets
• Define Overhead Keys and Groups
• Define Cost Component Structure
• Variance Calculation
• Work in Progress
• Settlement
• Variance Calculation
• Work In Progress
• Settlement
• Product Cost by Sales
• Result Analysis
• Settlement
• Product Costing by Planning
• Product Costing by Order
• Product Costing by Period
• Product Costing by Sales Order with MM,SD,PP and COPA Integration
• Define and Activate Material Ledger
• Assign Currency types to Material Ledger
• Dynamic Price Change in ML
• Other Aspects of ML
• Material Costing

• Define Operating Concern
• Define Characteristics and Value fields
• Define Profitability Segment Characteristics
• Define Characteristic Hierarchy and Derivation
• Maintenance and Assignment of Value fields
• Transfer of Billing Documents to COPA
• Automatic Account Assignment
• Maintain PA Transfer structure for Direct FI Postings
• Information System in COPA

• Maintain profit Center and Activation of Company Codes in profit center
• Control Parameters for Actual data
• Plan versions
• Profit Center Standard Hierarchy
• Profit Center Groups
• Transfer pricing Process with profit Center
• Maintain planner profiles
• Distribution & Assessment
• Automatic Account Assignment for Revenue Elements

• Preparation of Functional specs for Z reports
• LSMW
• Report Painter
• Resolving tickets with Real time scenarios
• Implementation, Support and maintenance process
• Complete Real Time Projects in ECC and S/4 HANA

• Overview Discreate and Repetative Manufacturing
• Product Costing
• Product cost by order (Discrete)- At Product Level
• Product cost by Period (Repetitive) with WIP
• Product cost by Period (Repetitive) without WIP
• Production against SO with Valuation (Not a Cost Object)- MTO
• Production against SO with Valuation (Cost Object)- MTO

Production against SO with Valuation – MTO

• Calculation of plan activity Prices, Primary Cost Component Split
• Scenario Based Product cost estimates- Auxilary Cost Component Split
• Overhead Key and Group
• Template Allocation
• Origin Group Usage
• Additive cost Estimate
• Mixed cost Estimate
• By Product costing
• Split Valuation
• Sub-Contracting
• Stock Transfer
• Unit Costing
• Scrap

• Multiple Currencies
• Actual Cost

• Activate Business Functions of HANA
• Basic Settings for company Code
• Define Chart of Accounts (With HANA Changes)
• Open and Close posting periods
• Enter Global Parameters
• Accounting Principles (All Countries GAAPs)
• Assign Accounting Principles to Ledger Group
• Define Controlling Area basic settings (With HANA Changes)
• Ledgers of S/4 HANA
• Integration of controlling with Financial accounting
• Execute Consistency Check of General Ledger Settings
• Master Records
• G/L Master creation
• Regenerate CDS Views and Field Mapping
• Display application log for Regenerate CDS view
• Postings
• Edit coding Block
• Foreign Currency Valuation
• Error Correction and Suspense Accounting

Business Partner Creation

• Book Depreciation-USD- Group Valuation
• Local GAAP/Local Currency–USD- Group Valuation
• Tax Accounting/ Tax Currency–USD- Group Valuation
• Book Depreciation-GBP-Hard Currency Valuation
• Local GAAP/Local Currency-GBP- Group Valuation
• Tax Accounting/ Tax Currency-GBP- Group Valuation
• Specify Transfer of APC value
• Specify Transfer of Depreciation Terms
• Specify the Use of Parallel Currencies
• Define Asset Class
• Define Technical Clearing Account for Integrated Asset Acquisition
• Define Different Technical Clearing Account for Required Fie
• Specify Alternative Document Type for Accounts-Principle-Specif
• Define Separate Document Types by Company Code
• Define Depreciation Area for Quantity Update
• Allow Differing Variants for Depreciation Areas with G/L Int
• Valuation Methods:-
• Post Net Book Value Instead of Gain/Loss
• Activate New Asset Accounting (New Customers)
• Assign Input Tax Indicator for Non-Taxable Acquisitions
• Assign Chart of Depreciation to Company Code
• Specify Account Determination
• Create Screen Layout Rules
• Define Number range Intervals for Asset master records

• Non SAP System to SAP ECC Implementation
• ASAP Methodology
• Non SAP to HANA (Green Field Implementation)
• Activate Methodology

Project Preparation: Analysis to Client Business, based on Client Business,

have to finalize SAP  Implementation timelines and Consultant Roles

Business Blue Print:
AS-IS Process: (Client Current way of doing business like NON SAP System

TO-BE Process: (Future all Functionalities in SAP System)

GAAP Analysis: Client Requirement. Not possible in SAP Standard have to Develop the program

Business Process: G/L Accounting (Book Keeping)

Accounts Payable (Vendor Transaction)

Accounts Receivable (Customer Transaction)

Asset Accounting

Bank Accounting

Taxation

Profit & Loss Statements

Balance Sheet Preparation (Assets & Liabilities)

Realization:All Client Requirement Configuration/Mapping to SAP System. Any client Requirement stand SAP Not possible Have to develop Now programme (Functional Specs Preparation)

Project Finalization: Training to Endusers / Business Users

Cutover Strategy: Upload all Data’s. Non SAP System to SAP System

Data’s: Master Data (General ledger, Vendors, Customer, Assets)

Transaction Data (Vendor Invoice, Payments, G/L Postings Like Salary, Rent Paid)

Organization Data (Company Details)

Go-LIVE………

P1 Priority 1: Issue Resolve within 3 Hours

P2 Priority 2: Issue Resolve within 8 Hours

P3 Priority 3: Issue Resolve within 3 days

P4 Priority 3: Issue Resolve within 5 days

P5 Priority 3: Issue Resolve within 10 days

Provide 5 Genuine Real-time Tickets

Migration Project: Any new Functionality will come to have to Migrate from

Old Version to New Version

Ex: 2017 July before Taxes                 GST

Excise Duty                              CGST

Service Tax                              SGST

VAT                                        IGST

CST                                         UTGST

SHEC

HEC

Rollout Projects:
HP Company using the last 10 years SAP System.

HP is Acquired/Purchase DXC Technology

DXC using (Tally, Excel, Baan, Other ERP Software).

So DXC also Converts/ Rollout to SAP System.

• FI/CO Soft Copy
• Regular Classes
• Business Blue Print
• AS-IS Doc
• TO-BE Doc
• GAAP Analysis Doc
• Functional Spec’s Doc
• Configuration Doc
• TR (Transport Documents)
• KDS (Key Data Structure)
• BUD (Business Understanding)
• SGD (Solution is given Doc)
• MOM (Minutes of Meeting)
• Master Data Upload Documents
• Transactional DATA Upload Documents
• Provide Genuine Support Tickets

Fi/Co                                           ABAP                            BASIS

MM

SD

PP

FM

GM

Etc……

Golden Client             Quality Testing          Production Server

all configurations                                            Client Business

made here                                                        Day to Day Transactions