System Application and Product (SAP) FICO (Financial accounting and

controlling) training
Conditions of ERP
 Integration of business process
 Real time updating
 Centralized database

Relevant functional consultants

1. A
2.

Levels in SAP – OKKS Structure

1. Client level – GFG (in our case its 100, 200 and 300)
2. Company code (legal entity like CCCL, CPL, MSM and Unicol)
3. Business segments (Like Line I, Line II or PPD, PSD and FPD)
4. Profit center

Types of data
1. Master data
2. Transaction data
3. Reports

How to know long outstanding items in subsidiary ledgers which get net off in Control account.
FBL1N

List of Control account and their attached subsidiary ledgers

Account balance report

G/L Account Line Item display FBL3N

Who opens GL accounts

Who opens customer and vendor data; in which module and how these are fetched in other relevant module.

Who enters tax codes with their rates.

GL Account Balances
Financial statement actual / Actual Comparison
Financial statements

Vendors either open in FI or MM

Vendor balance in local currency.

SPRO

What are our credit control area

Centralized procurement functionality in SAP ?

Controlling area is same; should not be so.

How to know that certain GL accounts are control accounts.

Customer line item report FBL5N

Special GL Indicator means processing an advance payment.

What is basis of automatic clearing.

What is GR/ IR clearing

FBL1N

Customer master data comparison

Why 5 GLs are being opened in CCCL; however, CPL has reduced to 1 to 2 GL. Transactions are being
controlled through documented reference like B2
AR02 Asset history sheet Its got multiple layout.
Controlling area

Which GLs don’t have cost elements.

Cost element integrates FI GL with cost center

While defining cost element you also define Functional Area, this will help in financial statements preparation.

For revenue its Revenue Element.

Cost element Group structure.

Real IO and Statistical IO.

List: Budget/Actual/Committments

Cost Centers: Actual/Plan/Difference.

CK13N

KP26
KSBT
KSB1
KOB1

Releasing cost estimates

Month end closing

Distribution cycle.
KSV3

First of all common cycle, then insurance, depreciation, PG and Distribution Cycle.
KSV5

CO03