SAP FI/CO - Step by Step FLOW

1. Basic settings.
Define company.
Company code.
Business area.
Chart of accounts.
Account groups.
Fiscal year variant.
Field status variant
Document types and number ranges.
Define retained earnings account.
Tolerance group for employees and
GI, A/CS.
Assigning all above definition to company code.
2. General Ledger (GL)
GL master creation.
Journal entry posting in INR.
Journal entry posting in foreign currencies.
Blocking a GL posting.
Unblocking a GL account.
Parking a document.
Holding a document.
Reference document.
Sample documents.
Account assignment model.
Recurring entries.
Open item management.
Full clearing.
Residual clearing.
Reversal.
Normal reversal.
Mass reversal.
Reversal of the reversal.
Account display.

Document display.

3. Account receivable (AR)

Account group creation (SD and FI customers).
Field status reconciliation A/C.
Define No. range group and number ranges.
Assign No. range group to account groups.
Creation of tolerance group for customers.
GL A/C creation.
Customer master creation.
Document types and No. ranges.
Posting keys.
Dunning.
Credit memo.
Party statement.
4. Account payable (AP)
Account group creation (MM and FI vendors)
Field status (Reconciliation A/C)
Define No. range group and No. ranges.
Assign No. range group to account groups.
Define tolerance group for vendors.
GL A/C creation.
Vendor master creation.
Posting keys.
House banks.
Credit memo.
Party statement.
5. Asset management (Asset accounting) (AM / AA)
Acquisition (Asses master creation)
Depreciation keys (SLM, WDR)
Sale of asset.
Scrapping of an asset.
Transferring of an asset from one business area to another.
FI MM integration.
FI SD integration.
Taxes.

6. GL reports.
Chart of accounts list.
Balance sheet.
Trial balance.
General ledger list.

7. AR reports.
List of customers.
Customer wise sales.
Due date analysis for open items.
Customer wise advances.
Customer ledger.

8. AP reports.
List of vendors.
Vendor wise purchase.
Due date analysis for open items.
Vendor wise advances.

9. AM reports.
Asset wise values.
Asset wise values (Year wise)
Asset wise values (Month wise)
Projected depreciation.
Schedule wise depreciation.

10.Controlling.
Introduction to controlling.
Importance of controlling.
Basic settings for controlling.
Overhead cost controlling.
Cost elements accounting.
Primary cost elements.
Secondary cost elements.

Cost center accounting.

Internal orders.
Activity based costing (ABC).
Product cost (Integrated with PP and MM).
Profitability analysis (Integrated with SD).
Profit center accounting.

list of business process associated wit

General Ledger Accounts

Fixed Asset Accounts
Customer master accounts
Vendor master accounts
Sales Order
Sub Ledger accounts
Purchase/Procurement acc

to another.

ss process associated with SAP FICO

eneral Ledger Accounts

ixed Asset Accounts
ustomer master accounts
endor master accounts
ales Order
ub Ledger accounts
urchase/Procurement accounts

MM Flow.....
MRP Controller ( MD11 )
|
Pur.Requisition (ME51 )
|
Req.For.Quot (ME41 )
|
Purchase Order (ME21)
|
OrderConfirmation(VA01)
|
Goods Receipt (MIGO)
|
Material Documentation ( MB51 )
|
Invoice Verification ( MIRO )
|
Physical INVENTORY DOCUMENT
> Inventory Counting
> Cycle Counting
> Clear Differences

Supported Content

SD Flow....
INQUIRY ( VA11)
|
QUOTATION (VA21)
|
PURCHASE ORDER (ME21)
|
ORDER CONFIRMATION (VA01)
|
PICKING LIST (VL36)
|
PACKING LIST - (VL02, VL01)
|
SHIPPING (VT01)

PRICING
SALES ORDER

|
INVOICE (VF21, VF01)
|
AR

upported Content

Order-to-Cash (OTC) process, everything that leads from the order, packaging, delivery to having t
Some basic steps for OTC can include:
Create or Maintain Customer
Create or Maintain Material Master
Create or Maintain Condition Records for Pricing
Enter and Authorize Sales Order
Convert Quote to Order
Validate Product Configuration
Verify Billing, Shipping, Payment details
Apply Discounts
Review Credit of Customer
Verify Stock
Plan Delivery Schedule
Pack and Ship Product
Billing and Cash Receipt
Contract to Renewal
Process Flow

Process Flow Objects Steps to Consider

Sales Quotation
Standard Order
Shipping
Delivery
Picking
Posting Goods Issue
Warehouse Picking Execution
Packing
Posting Goods Issue
Billing
Payment of Customer

ackaging, delivery to having the actual money in the bank is included.

bjects Steps to Consider

1) Process
2) SAP tCodes

Link between SD and MM

1. When you create sales order in SD, all the details of the items are copied from Material master of
2. MRP and availability check related data is also taken from MM although you control this data in SD
3. While you create inbound/outbound delivery with reference to a sales order, the shipping point d
4. The material which you are entering in a sales order must be extended to the sales area of your sa
There are many such links between SD and MM.

Link between SD and FI

1. Whenever you create a delivery with reference to a sales order, goods movement takes place in th
Here movement 601 takes place. This movement is configured in MM. Also, this movement hits som
2. The accounts posting in FI is done with reference to the billing documents (invoice, debit note, cre
3. Tax determination: In case of a tax determination also, there is a direct link between SD and MM

Sales Order Integration Points

Module
Availability Check
MM
Credit Check
FI
Costing
CO/ MM
Tax Determination
FI
Transfer of Requirements
PP/ MM
Delivery and Goods Issue Integration Points
Module
Availability Check
MM
Credit Check
FI
Reduces stock
MM
Reduces Inventory $
FI/ CO
Requirement Eliminated
PP/ MM
Billing Integration Points
Module
Debit A/R
FI/ CO
Credit Revenue
FI/ CO
Updates G/ L
FI/ CO
(Tax, discounts, surcharges, etc.)
Milestone Billing
PS
Return Delivery and Credit Memo Integration Points
Module
Increases Inventory
MM
Updates G/ L
FI
Credit Memo
FI

Adjustment to A/R
Reduces Revenue

FI
FI

SD Transaction Code Flow:

Inquiry / Document type IN
Transaction code for creation VA11,VA12,VA13. tables VBAK,VBAP
Quotation / QT
Transaction code for creation VA21,VA22,VA23. tables VBAK,VBAP
Sales Order OR
Transaction code for creation VA01,VA02,VA03. tables VBAK,VBAP
Delivery LF
Transaction code for creation VL01,VL02,VL03. tables LIKP,LIPS
Billing F2
Transaction code for creation VF01,VF02,VF03. tables VBRK,VBRP
Excise Invoice (Only for India - Manufacturing Scenario)
Transaction code for creation J1IIN.
Note: Tables for Document Flow VBFA
To create a sales order we need purchase order number and custmer number.
Before that, to create a purchase order we need to have material no, vendor no.
To create vendor tcode is
xk01(create), xk02(change) , xk03(display)
Tables are lfa1.
To create custmer tcode is
xd01, xd02, xd03.
Table is kna1.
After creating sales order using this no we can create delivery note tcode is vl01.

pied from Material master of MM.

ugh you control this data in SD also.
es order, the shipping point determination takes place with the help of the loading group, plant data, shipping conditions etc.
ed to the sales area of your sales order/customer otherwise you cannot transact with this material.

ds movement takes place in the background. eg. In case of standard sales order, you create an outbound goods delivery to the
Also, this movement hits some G/L account in FI. Every such movement of good s hits some G/L account.
ments (invoice, debit note, credit note etc) created in SD. Thus this is a link between SD and FI
ect link between SD and MM

data, shipping conditions etc. This also refers to Material Master.

utbound goods delivery to the customer.