Free SAP Training & Tutorials

SAP FICO Training Tutorials

Following tutorials series teach you everything you need to know about SAP FICO.

SAP FICO is one of the most popular Modules in SAP and the training material is designed for an End User as well as a Consultant.

SAP FICO  consists of  two major modules essential to process financial of a company , viz,

 

  1. Financials (FI)
  2. Controlling (CO)

Refer the tutorials sequentially one after other to maximize effectiveness of the training material.

If you are new to SAP technology , before you begin refer our tutorial explaining What is SAP ERP System?

So lets get started! (All links open in a new tab in your browser)

SAP FI

Organizational Structure

  1. Create a Company
  2. Create a Company and assign to Company Code

General Ledger

  1. Create Chart of Account
  2. Create Chart of Account (COA) Group
  3. Create Retained Earnings Account 
  4. Create G/L Account
  5. Posting to General Ledger
  6. Blocking Or Deleting GL Accounts 
  7. Display Changes To GL Accounts
  8. Create Financial Statement Version
  9. How to perform a Journal Entry Posting
  10. Fiscal Year Variant
  11.  Assign Company Code To Fiscal Year Variant 
  12. Define Posting Period Variant 
  13. Opening And Closing Posting Periods 
  14.  Define Field Status Variant And Field Status Group 
  15.  Assign Field Status Variant To Company Code 
  16.  Document Type And Number Ranges 
  17. Post With Reference 
  18. Hold Document 
  19. Park Document

Accounts Receivable

  1. Create a Customer Master Data
  2. Change Customer Documents
  3. Create Customer Account Group
  4.  One Time Customer 
  5. How to post a Sales Invoice
  6. Document Reversal 
  7. Sales Returns – Credit Memo
  8. How to Post Incoming Payment
  9. How to post a Foreign Currency Invoice
  10. Incoming Partial Payments By Residual Method 
  11. Incoming Partial Payments By Partial Payment Method
  12. How to Reset AR Cleared Items
  13. Credit Control for the Customer

Accounts Payable

  1. Create Vendor Master Data
  2.  One Time Vendor 
  3. Purchase Invoice Posting
  4. Document Reversal
  5. Purchases Returns – Credit Memo
  6. Outgoing Payments
  7. Foreign Currency Vendor Invoice
  8. How to Post Withholding Tax during Vendor Invoice Posting
  9. How to Post Withholding Tax During Payment Posting
  10. Outgoing Partial Payments By Residual Method 
  11. Outgoing Partial Payments By Partial Payment Method
  12. Reset AP Cleared Items
  13.  Automatic Payment Run 
  14. Posting Rounding Differences

Reports

  1. Important Reports in SAP FI

Must know!

 

SAP CO

SAP System Application Component Controlling (CO) represents the internal accounting entity as it provides information for managers ,that is ,for anyone inside an organization who is responsible for directing and controlling its operations.It is not restricted by legal requirements as in the case Financial Component which is bound by legal requirements and is therefore the external accounting entity.It  provides information that management can use to make decisions.It enables them to control,co-ordinate,monitor and streamline various processes within an organization.

 

Cost Center

Internal Order

  1. All About internal Order
  2. Settlement Of Internal Orders To Cost Centers

Profit Center

  1. Profit Center
  2. Postings To Profit Center
  3. Profit Center Standard Hierarchy
  4. Assignment of Cost Centers To Profit Center
  5. Assignment of Materials To Profit Center

 

Must Know!

  1. Important Tables in CO Module
  2. Comparison Between Cost Center, Profit Center and Internal Order