SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. SAP FICO training materials teaches you in a easy method with screen shots step by step. Tutorials is designed for SAP beginners and SAP professionals so that you can configure and implement SAP FICO step by step.

SAP FI

SAP FI – Organization Structure

1. Define Company
2. Define Company Code
3. Create new companies by copying existing company code
4. Assign Company Code to Company
5. Define Business Area
6. Define Functional Area
7. Define Credit Control
8. Assign Company Code to Credit Control

SAP FI – Financial Accounting Global Settings

1. Maintain Fiscal Year Variant
2. Assign Company Code to Fiscal Year Variant
3. Define variants for Open Posting Periods
4. Open and Close Posting Periods
5. Assign Posting Period Variant to Company Code
6. Define Field Status Variants
7. Assign Company Code to Field Status Variants
8. Define Posting Keys
9. Define Document Types
10. Define Document Number Ranges
11. Define Tolerance Group for Employees
12. Define Tolerance Group for G/L Accounts
13. Assign Users to Tolerance Group
14. Global Parameters for Company Code
15. Define Additional Local Currencies for Company code

SAP FI – General Ledger

1. Define Chart of Accounts
2. Assign Company Code to Chart of Accounts
3. Define Account Groups
4. Define Retained Earnings Account
5. Define sample account rule types
6. Define data transfer rules
7. Assign company code to rule type
8. Create Sample Account
9. Create General Ledger Account 

Tax Configuration

1. Tax calculation procedure
2. Tax condition types
3. Assign country to calculation procedure
4. Jurisdiction code structure
5. Maintain Tax code
6. Allow tax codes for non taxable transactions

 SAP FI- Accounts Payable :-

1. Create Vendor Account Groups
2. Create Number Ranges for Vendor Accounts
3. Assign the number ranges to Vendor account groups
4. Create Sundry Creditors Account
5. Define Tolerances Group for Vendors
6. Vendor Payment Terms
7. Create Vendor Master Data
8. Automatic Payment Program

SAP FI- Accounts Receivable :-

9. Create Customer Account Groups
10. Create Number Ranges for Customer Accounts
11. Assign Number Ranges to Customer Account groups 
12. Define Tolerances Group for Customer
13. Customer Payment Terms
14. Create Customer Master Record
15. Dunning procedure configuration

Bank Accounting

1. Create bank key
2. Define House bank
3. Global Settings for Electronic Bank Statement

Treasure Management

1. Define Lockboxes
2. Define lockbox posting data
3. Define source symbols

SAP FI – Asset Accounting

16. Chart of Depreciation
17. Assign Chart of Depreciation to Company Code
18. Specify Account Determination
19. Create Screen Layout Rules
20. Maintain asset number ranges
21. Define Asset Classes
22. Determine Depreciation area in the Asset Class
23. Assignment of General Ledger Accounts
24. Define Screen Layout for Asset master data
25. Define Screen Layout for Asset Depreciation Areas
26. Maintain Depreciation key