SAP FI Overview

FI (Financial)

1. Enterprise Structure
   • Defining Company – OX15
   • Defining Company Code – OX02
   • Assign Company Code to Company – OX16
   • Business Area – OX03
   • Functional Area – OKBD
   • Maintain Controlling Area –
   • Assign Company Code to controlling Area
2. Financial Accounting
   • FIscal Year
     1. Maintain Fiscal Year Varient
     2. Assign Company Code to Fiscal Year Varient
   • Documents
     1. Posting Periods
        1. Define Variants for Open Posting Periods
        2. Open and Close Posting Periods
        3. Assign Variants to Company Code
     2. Document Number Range
        1. Define Document Number Ranges
        2. Copy to Company Code – OBH1 – Year-End Activity
        3. Copy to Fiscal Year – OBH2 – Year End Activity
     3. Document Header
        1. Define Document Types – OBA7
        2. Document Change Rules, Document Header
        3. Specify Control parameter for Bar Code Entry –
        4. Maintain Document Types for Bar Code Entry
        5. Define Maximum Exchange rate Difference per Company Code
        6. Define Maximum Exchange Rate Difference per Foreign Currency
     4. Line Item
        1. Define Posting Periods
        2. Define Field Status Variants
        3. Assign Company Code to Field Status Variants
        4. Screen Variants for Document Types
3. General Ledger Accounts : FI-GL
   • Chart of Accounts – OB13
   • Assign Company Code to Chart of Accounts – OB62
   • Define Account groups – OBD4
   • Define Retained Earning Accounts – OB53
   • GL Account Creation Individually
     1. Centrally – FS00
     2. Chart of Account Level – FSP0
     3. Company Code Level – FSS0
   • GL Account Change Collectivelly
     1. Change Chart of Account Data – OB_GLACC11 (MASS – Object type BUS3006 Variant SAP_01)
     2. Change Company Code Data – OB_GLACC12 (MASS – Object type BUS3006)
     3. Change Account name – OB_GLACC13
   • Copy GL Account from Company Code – OBY2
   • Create COA with Reference to another Chart of account – OBY7
   • Delete GL account – OBR2
   • Delete Chart of Account – OBY8
4. Accounts Payables : FI-AP
   • Creation of Vendor Accounts Groups
   • Creation of number range
   • Vendor Master Creation
   • Defining Sensitive fields
   • Defining Tolerances for vendors and Customers
   • Defining document type and number ranges
   • Purchase Invoice Posting
   • Advance Payments
   • Down Payments
   • Payment Terms Configuration
   • Creation of House Banks
   • Automatic Payment Program
   • Extended Withholding Tax
   • End User Activities
5. Accounts Receivables : FI-AR
   • Creation of Customer Account Groups
   • Defining number ranges and screen layout
   • Create Master record for customers
   • Define document types and number ranges
   • End user activities
   • Incoming Payments
   • Down Payments
   • Bill of Exchange transactions
   • Interest Calculation on Open Items
   • Dunning
   • Define Condition types and access keys
   • Sales Invoice Postings
   • Defining Dunning Areas
   • Sales Tax & Bill of Exchange
6. Bank Accounting
   • Introduction
   • Define House Bank
   • Maintenance of Cheque
   • Other cheque related activities and void of cheque
   • Automatic Payment Program
   • Execution of APP run
   • Bill of exchange payable
   • Accommodation Bill of exchange
   • Bank Statement Processing
   • Lock box configuration
7. Asset Accounting : FI-AA
   • Chart of Depreciation
   • Define Asset Class
   • Assign General Ledger Account
   • Determine depreciation area for asset class
   • Depreciation area
   • Depreciation Key
   • Depreciation Posting
8. Tax Accounting