SAP_FICO.pptx
- 2. SAP ERP SAP –Stands for system application and product in data processing. FI –stands for financials. ECC-is for Enterprise Central component. Founded in 1972 by 5 IBM Engineer Wellenreuther,Hopp,Hector,Plattner and Tschira.
- 4. Organizational Structure • Finance structure of company using SAP organizational units • Maximum and Minimum structure • Client • Company Code Organizational Units in Financial Accounting_ • Business Area • Segment • Profit Centre • Company
- 6. What is Finance and Controlling? Financial Accounting (FI) and Controlling (CO) are independent components in the SAP system. Financial Accounting (FI) runs the applications that track and manage all financial transactions Controlling (CO) interprets financial data and analyzes it for internal reporting and profitability analysis. Manages vendor invoices Manages responsibility accounting Manages all financial accounts Manages customer billing Manages fixed assets and depreciation Accounts Receivable FI Controlling Accounts Payable Asset Accounting FI CO FI General Ledger FI
- 8. Organization Structure, Master Data and transactional Data relationship in SAP Master Data Organizational Structure Transactions G/L accounts, Vendors, Customers, Cost Centers, etc. All activities that use or generate data within SAP The foundation for all data within SAP
- 10. Header Data and Line Item Data Every document in SAP follows the same basic structure: Header information applicable to the entire document Line Item information with more detailed information for each specific entry Header Data includes general information such as: - Document Number - Document Date - Currency - Org Structure - Fiscal Year Line Item Data includes specific information such as: - The account type - If the item is posted as Debit. or Credit. - The field status of additional fields.
- 11. Document Types – Control the Type of Document Defined at the client level. This means that the same document types apply across the entire global entity. Different company codes in different countries are not allowed to have their own document types. Document Type Configuration controls the following elements: • Number ranges for document numbers • Account types permitted for postings Required Entry-??
- 12. Posting Keys – Control the Type of Line Item Defined at client level Postings keys controls the following Line item can be posted to which account type Line item is either Debit or Credit. Field status. For G/L postings, out of Material Management Valid account type (D, K, S, M, A) Debit or Credit Entry Sales-relevant posting Screen selection entry rules for posting Controls
- 13. Questions??
- 14. Thankyou