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Introduction to SAP FICO Financial Accounting Module
What is SAP Fico

Introduction to SAP FICO Financial Accounting Module

Introduction to SAP FICO Financial Accounting Module

What is full form of SAP ?

System Application and Product in Data processing

When was SAP founded ?

It was founded 1 April 1972, Weinheim, Germany

SAP is an ERP System

  • ERP stands for enterprise resource Planning
  • ERP is a combination of business management practice and technology, where information technology integrates with your company’s core business processes to enable the achievement of specific business objectives.

World’s Top 5 software companies

  • General
  • 1. Microsoft
  • 2.IBM
  • 3.Oracle
  • 4.SAP
  • 5.HP
  • ERP Software
  • 1.SAP
  • 2.Oracle
  • 3.Sage
  • 4.Infor
  • 5.Microsoft

Why SAP has been so successful ?

  • Multi-Lingual
  • Secure
  • Information
  • Integration
  • Multi-Currency
  • Best Business Practices
  • Enterprise-Wide

8. Advantages of SAP

  • Integration of various modules
  • Faster and Cheaper
  • Real time reporting
  • Multiple languages(40+)
  • Multiple currencies (200+)
  • Multiple countries (225+)
  • Reduced manpower

9. SAP Conceptual Areas

  •  Application Area (Initiate and execute SAP transactions)
  • (Functional) Basis Area (The technical administration of the system) (Authorizations/Ids/etc)
  • Development Area(1. A developer’s workbench . Create & Test ABAP/4 programs) (Technical)

10. SAP System Landscape

SAP system landscape is defined as an arrangement of SAP servers. Ideally, in a Sap environment, a three-system landscape exists. A system landscape consists of Development Server (Dev), Production Server (PROD), and Quality Assurance server (QAS)

11. Integration of business functions

SAP ERP incorporates the key business functions of an organization. The latest version (SAP ERP 6.0) was made available in 2006.Business Processes included in SAP ERP are Operations (Sales & Distribution, Materials Management, Production Planning, Logistics Execution, and Quality Management), Financials (Financial Accounting, Management Accounting, Financial Supply Chain Management), Human Capital Management (Training, Payroll, e-Recruiting) and Corporate Services (Travel Management, Environment, Health and Safety, and Real-Estate Management

12. SAP Modules

  • SAP Financial Accounting (FI)
  • AP Controlling (CO)
  • SAP Sales and Distribution (SD)
  • SAP Production Planning (PP)
  • SAP Materials Management (MM)
  • SAP Quality Management (QM)
  • SAP Human Capital Management (HCM)

 

 

13. SAP R/3 Integration

AP R3 is a leader in its space. And with its large user base, many customers are wondering how to migrate or integrate with their SAP R3 application. SAP is a powerful environment that has been used in mission critical applications. Due to the sheer complexity of the SAP applications, seemingly trivial tasks can take many keystrokes and navigation sequences.If you need APIs to integrate your SAP application with other systems, Jacada offers an economical alternative that you should know about.SAP Applications do not usually provide an open API to read and write data from the application, perform certain functions and automate tasks. Instead of embarking on a significant and expensive customization exercise, you can use Jacada Fusion to integrate to your SAP applications. In essence, Jacada Fusion provides you with a SAP API.

14. Introduction FICO module

SAP FI is a backbone of SAP that helps to records, collects and process various financial transactional information on real time time. SAP FICO module.

15. Standard (FI) Vs Flexibility (CO)
16. Functional Components FICO

  • Financial Accounting
  • General ledger
  • Accounts Receivables
  • Accounts Payables
  • Fixed Assets
  • Integration
  • FI-CO
  • FI-MM ( Procure to Pay )
  • FI-SD (Order to Cash )
  • Controlling
  • Cost Center Accounting
  • Internal Orders
  • Profit Center Accounting
  • Product Costing
  • Profitability Analysis

17. Main Elements of Functional modules
18. SAP Screen Elements
19. Methodology of training

  • Explaining the concept of each topic
  • Step by step configuration
  • Posting transactions
  • Viewing relevant reports
  • Question and answers on the topic

20. Training Documents provided

  • Step by step configuration
  • Step by step transaction processing
  • Step by step report generation
  • Interview/Certification Question and Answers

21. Practical tips and tricks

  • Overview of project implementation process
  • Overview on Production support process
  • ASAP Roadmap

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