BEST SAP TRAINING: SAP FICO ONLINE TRAINING

SAp FICO Interview questions

19:51

SAP FICO ONLINE TRAINING BY INDUSTRY EXPERT 400+ Batches

21:13

SAP FICO by INDUSTRY EXPERT with 13 years Indusrty exp., 8 years SAP exp., handled 400+ batches.

Introduction to SAP R/3

Introduction to ERP, Advantages of SAP over other ERP Packages
Introduction to SAP R/3 FICO

Financial Accounting Basic Settings:

Definition of company
Definition of company code
Assignment of company to company code
Definition of business area
Definition of fiscal year variant
Assignment of fiscal year variant to company code
Definition of posting period variant
Assignment of posting period variant to company code
Open and close posting period
Defining document type & number ranges
Maintenance of field status variants
Assignment of field status variant to company code
Definition of tolerance groups for GL accounts
Definition of tolerance groups for employees
Assignment of tolerance groups to users
Taxes on Sales & Purchases (input & output)
Creation of chart of Accounts
Defining Accounts Groups
Defining Retained Earnings Account.

General Ledger Accounting

Creation of General Ledger Master (with and with out reference)

1. Display/Change/Block/Unblock of general ledger master

2. Document Entry posting normal postings and posting with reference

Posting Documents in GL

3. Display and change of documents

4. Display of GL balances

5. Display GL account line items

6. Parked documents

7. Hold documents

8. Creation of Sample Document and postings with sample documents

9. Defining recurring entry document and postings with recurring doc.

10. Creation of account assignment model and posting

11. Configuration of line layouts for display of GL line items

12. Reversal of individual documents, mass reversal , reversal of cleared items and reversal of accrual and deferral documents

13. Defining Exchange Rate types and Translation ratios

14. Define Exchange rates & posting of foreign currency transactions

15. Interest calculations on term loans

16. Accrual and Deferral documents

17. valuation of foreign currency loans

Accounts Payables

18. Creation of vendor account groups

19. Creation of number ranges for vendor master records

20. Assignment of number ranges to vendor account groups

21. Creation of tolerance group for venders

22. Creation of vendor master (display/change/block/unblock of vender master)

23. Posting of vendor transactions (invoice posting, payment posting, credit memo)

7. Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)

8. Posting of partial Payment & Residual Payment

9. Creation of payment terms,

10. Creation of house banks and account ids.

11. Creation of check lots and maintenance of check register

12. Display check register

13. Cancellation of un issued checks

14. Creation of void reasons

15. Cancellation of issued checks

16. Posting of purchase returns

17. Configuration of automatic payment program

18. Payment to vendors through APP

19. Defining correspondence & party statement of accounts

20. Settings for TDS transactions

21. Noted items for accounts payable

Accounts receivable:

22. Creation of customer account groups

23. Creation of number ranges for customer master records

24. Assignment of number ranges for customer account groups

25. Creation of tolerance group for customers

26. Creation of customer master (display/change/block/unblock of vender master)

27. Posting of customer transactions (sales invoice posting, payment posting, debit memo)

28. Settings for advance payment from parties (down payment)

29. Configuration of settings for dunning

30. Generating the dunning letters

31. Defining correspondence and party statement of accounts

32. Bills of exchange

33. Posting of sales returns

34. Noted items for accounts receivable

Asset Accounting

1. Defining chart of depreciation

2. Creation of 0% tax codes for sales and purchased

3. Assignment of chart of depreciation to company code

4. Defining account determination

5. Definition of screen lay out rules

6. Definition of number ranges for asset classes

7. Integration with General Ledger & Posting rules

8. Defining Depreciation key

9. Definition of multilevel methods

10. Definition of period control methods

11. Creation of main asset master records

12. Creation of sub asset master records

13. Acquisition of fixed assets

14. Sale of fixed assets

15. Transfer of assets

16. Scrapping of assets,

17. Depreciation run

18. Line item Settlement of assets under construction of capital work in progress

New General ledger accounting:

1. Parallel ledgers

2. Document splitting

3. Segments.

Reports

19. Financial statement version

20. General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

CONTROLLING

Basic settings for controlling

21. Defining Controlling Area

22. Defining Number ranges for Controlling Area

23. Maintain Planning Versions

Cost element accounting:

1. Creation of primary cost elements from financial accounting area

2. Creation of primary cost elements from controlling area

3. Display of cost element master records

4. Change cost element master records

5. Primary cost element categories

6. Secondary cost element categories

7. reation of primary cost element grups

8. Default account assignments

Cost Center Accounting

24. Defining Cost Center Standard Hierarchy

25. Creation of Cost Centers and cost center groups

26. Display cost center master records

27. Change cost center master records

28. Creation of cost center groups

29. Posting to cost centers

30. Reposting of co line items

31. Repost of Costs

32. Planning for cost centers

33. Overhead Calculation

34. Creation of secondary cost element master records

35. Creation and Execution of Distribution Cycle

36. Creation and execution of assessment cycles

37. Creation and execution of periodic re- postings

38. Cost center reports

Internal Orders

39. Defining order types

40. Creation of internal order master records

41. Display internal order master records

42. Change internal order master records

43. Postings to internal orders

1. Planning for internal orders

2. Reposting co line items for internal orders

3. Repost of costs for internal orders

4. Report of Variance analysis for internal orders

5. Creation of real internal orders

6. Posting of business transaction to real orders

7. Definition of allocation structures

8. Definition of settlement profiles

9. Definition of planning profiles

10. Settlement of real internal orders

11. Budgeting and availability control

12. Maintain number ranges for budgeting

13. Define tolerances for availability control

14. Specification of exempt cost elements from availability control

15. Maintenance of budget manager

Profit Center Accounting

16. Basic Settings for Profit Center Accounting

17. Creation of Dummy Profit Centers

18. Maintenance of control parameters for actual postings

19. Maintaining planning versions for profit centers

20. Maintaining the number ranges for profit center documents

21. Creation of profit center master records

22. Display of profit center master records

23. Changing the profit center master records

24. Creation of revenue cost elements

25. Automatic Assignment of Revenue elements for Profit Centers

26. Assignment of profit centers in cost center master records

27. Creation of account groups in profit center accounting for planning

28. Planning for profit and loss account items

29. Planning for balance sheet items

30. Posting of transactions into profit centers

31. Generating the variance reports for profit and loss account items

32. Generating the variance reports for balance sheet items.

Profitability analysis

1. Maintaining the operating concern

2. Define profitability segment characteristics

3. Assignment of controlling area to

operating concern

4. Activating the profitability analysis

5. Define number ranges for actual postings

6. Mapping of SD conditions types to COPA

value fields

7. Creation of reports

8. Viewing the reports

Product costing:.

Product cost planning:

1. Creation of bill materials

2. Creation of activity type master records

3. Planning for activity hours

4. Activity type price calculation

5. Creation of work center master records

6. Creation of routings

7. Defining cost sheet( over head structures)

8. Assignment of cost sheet to costing variant

9. Creation of cost estimate with quantity structure

10. Marking

11. Releasing

12. Creation of cost estimate without quantity structure

Product cost controlling:

1.definition of overhead keys

2.definition of overhead groups

3.definition of calculations bases

4.definition of overhead rates

5.definition of credits

6.definition of cost component structure

7.definition of MRP controllers

8.definition of floats

9.definition of production scheduler

10.definition of results analysis keys for work in process

11.define results analysis versions

12.definition of valuation methods

13.definition of line IDs

14.define assignments

15.definition of updates

16.definition of posting rules for settlement of work in progress

17.definition of variance keys

18.definition of default variance keys for plants

19.definition of target cost centers

20.calculation of wip

21.settlement of variances

Integration

Integration of financial accounting with materials management:

1. Definition of organizational units in

materials management i.e. plant, storage location and purchase organization

2. Assignemnt of organizational units to each other

3. Definition of tolerance groups for purchase orders

4. Definition of tolerance groups for goods receipt

5. Definition of tolerance groups for invoice verification balance sheet items.

6. Definition of vendor specific tolerances

7. Creation, display and change of material master records

8. Creation of plant parameters

9. Maintenance of posting periods for materials management

10. Mainternace of parameters for invoice verification

11. Maintenance of plant parameters for inventory management and physical inventory

12. Definition of attributes for material types

13. Assignment of GL accounts for material transactions in financial accounting

(Integration of MM with FI)

14. Creation of purchase order, posting of goods receipt, invoice verification and

Goods issue for production

Integration of financial accounting with sales and distributioin:

33. Definition of sale s organization

34. Definition of distribution channels

35. Definition of divisions

36. Assignment among various organizational units in SD

37. Definition of partner functions

38. Definitions of shipping point and loading points

39. Definition of pricing procedures

40. Determining the shipping points

41. Determining the pricing procedures

42. Maintenance of SD condition types

43. Maintenance of condition records

44. Assignment of GL accounts for sales transactions( integration of FI with SD)

45. Creation of sales order

46. Initialization of stock

47. Posting the delivery of goods

48. Creating the sales invoice

____________________________________

CIN

(country India version for taxes: vat, excise)

Bank reconciliation statement

LSMW(legacy system migration work bench)

Data take over

Project

sap fico training

SAp FICO Interview questions

SAP FICO ONLINE TRAINING BY INDUSTRY EXPERT 400+ Batches

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