This comprehensive guide provides a detailed walkthrough of configuring the enterprise structure and financial accounting settings in SAP’s Financial Accounting (FI) module. It covers the essential steps to set up the organizational framework, fiscal year parameters, and key financial controls that form the foundation of a company’s SAP FI implementation. The document offers step-by-step instructions with screenshots to help SAP consultants and administrators properly configure these critical elements to align with an organization’s financial processes and reporting requirements.
Key sections covered in the document:
- Enterprise Structure Configuration
- Defining Company
- Defining Company Code
- Defining Credit Control Area
- Defining Business Area
- Defining Functional Area
- Maintaining Consolidated Business Area
- Maintaining Financial Management Area
- Assignments
- Assigning Company Code to Company
- Other organizational assignments
- Financial Global Settings
- Defining Fiscal Year Variant
- Assigning Company Code to Fiscal Year Variant
- Defining Posting Periods
- Opening and Closing Posting Periods
- Assigning Company Code to Posting Period Variant
- Configuring Document Number Ranges
- Defining Field Status Variant
- Assigning Field Status Variant to Company Code
- Defining Tolerance Groups for Employees
The document provides transaction codes, menu paths, and detailed configuration steps for each of these areas, making it a valuable resource for SAP FICO implementation projects.