This document serves as a comprehensive reference guide for SAP’s Financial Accounting and Controlling (FICO) module. It provides an in-depth overview of FICO, covering its history, key components, organizational elements, and configuration considerations.
The guide delves into the nuances of setting up company codes, fiscal year variants, charts of accounts, and other essential elements required for financial accounting processes within an SAP system. It also explores the integration of FICO with other SAP modules and details the posting keys, document types, and tolerance groups that govern financial transactions.
Overall, this reference guide equips readers with a solid understanding of SAP FICO and its implementation, making it an invaluable resource for professionals working with SAP’s financial accounting solutions.
Key sections covered in the document:
- Introduction to SAP and SAP FICO
- History of SAP
- SAP Modules
- SAP FI Module
- SAP CO Module
- Primary Configuration Considerations
- Financial Accounting Global Settings (Chart of Accounts, Fiscal Year Variants, Currencies)
- Document Types and Number Ranges
- Tolerance Groups
- Field Status Variants
- Customer and Vendor Account Groups
- Creation of Master Data (Customers, Vendors, General Ledger Accounts)
- Posting Transactions (Sales Invoices, Purchase Invoices, Payments, Journal Entries)
- Dunning and Credit Control
- Automatic Payment Run
