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
