SAP Overview

SAP Overview – FICO

Presenter : Manoj Kumar

Financial Management

Analytics General Ledger

Parallel Accounting Legal Consolidation
Accounts Receivables
Billing
Accounts Payable
Expense Management
Asset Accounting
Check Printing

Payroll Budgeting

Overhead Cost Controlling

Funds Management

Treasury
Profitability Analysis
Cash Management
• Streamlines information control, • Most comprehensive, functionally-rich
analysis, and delivery solution on the market

• Market-leading solutions and customers

• Enables performance planning, in all industries
measurement, and management
• Reliable, proven business partner with
• Optimizes the financial supply chain solution and industry expertise
Financial Accounting / Controlling

 Financial Accounting
• Legal / Statutory Accounts
• Standard Ledgers
• Master Data Integrates with
Controlling
 Controlling
• Management Accounts
• Internal Reporting Purpose
Finance and Controlling

Organizational objects

 Company

 Company code

 Business Area

 Segment

 Profit Center
Finance and Controlling

Chart of accounts

 Provision for Operating chart of accounts

 Provision for Group chart of accounts

 Provision for Country specific chart of accounts

Currency

 Supports Multiple currency

 Supports local currency, Group currency and document currency

G/L Account Master Record

Chart of Accounts Company Code

Data The G/L
Data
Account Number
is included Acct Control
Name in both sections of the Account Currency
master record Recon. Acct. for
Short Text Acct. Type
Long Text
Acct Management
OI Management
Control
Line Item Display
Balance Sheet Document
Account/ Entry Control
P&L Account
Account Group Field Status Group
Document Posting: Activity Flow

Create G/L Create G/L Posting Post Manual

account posting Fast Entry Journal

Holding an incomplete
document
Simulate No
(Enough Info
to Complete Posting?)
Create/Display a Parked
Document
Yes

Posted Entry Post/Release a

Parked Document
Accounts receivable

• Account receivable deals with all the Financial aspects relating

to customers.
• It is closely connected with the Sales and Distribution module.

Processes in Account Receivable:

• Master data creation

• Invoicing

• Cash receipts

• Account analysis and reconciliation

• Reports
 Integrated Business Process Overview

Sales Logistics
FI AR
AR
G/L
G/LCOS
COS// Invoice
Invoice// Customer
Customer
Inventory
Inventory GL
GL Payment
Payment
Revenue
Revenue

SD

Pre-Sales
Pre-Sales Sales
SalesOrder
Order Inventory
Inventory Delivery
Delivery Billing
Billing
Activities
Activities Processing
Processing Sourcing
Sourcing

Financial
Financialand
andManagerial
ManagerialReporting
Reportingand
andAnalysis
Analysis
Accounts Payable

• Account Payable deals with all the Financial aspects relating to Vendors.
• It is closely connected with the Materials Management module.

Processes in Account Payable:

• Master data creation

• Invoicing

• Cash payments

• Account analysis and reconciliation

• Reports
Cash and Bank

House Bank

Each Bank will be created as House Bank . G/L accounts are mapped to these House
Bank.

House Bank Process:

Check Processing
Bank statement
At the time of Incoming/Outgoing Payments invoices are cleared automatically.

Cash Journal

Cash Journal is used to Manage the Company cash Transactions.

Finance
Other Functionalities

 General ledger planning

 Comparing Plan with Actual
 Account assignment Model
 Recurring entry
 Financial statement version
 Foreign currency revaluation
 Manual and automatic payment programs
 Bank reconciliation
 Credit Control
 Post dated cheque
 Intercompany Transactions
 Automatic clearing of Open Items
 Dunning Notices to Customers and Vendors
SAP Controlling Overview

WHY Controlling….

Information for Management Decision Making

Enables internal Management Accounting

Enables Planning

Enables comparison of Plan with Actual

CO Modules
Controlling
 Cost element accounting
 Cost center accounting
 Internal orders
 Product costing
 Profitability analysis
 Profit center accounting
The Cost Element
CO FI
Primary cost elements G/L
accounts
Primary cost element
External order settlement
P&L Balance sheet
accounts accounts

Secondary cost elements Expense accounts Accounts posted

to directly, such as
Internal activity allocation bank accounts
Assessment
Overheads
Internal order settlement Accounts posted
to indirectly, such
as reconciliation
Revenue elements
accounts
Revenue element Revenue account
Sales deduction
Controlling

Other Functionalities

 Internal order Budgetary control

 Cost center Allocation and Assessment

 Profitability Allocation and Assessment

 Profitability analysis for micro level reporting

 Integration with Logistics and HR modules