This introduction of SAP FICO module will be extremely useful for professionals who aspire to learn the ropes of SAP FICO and implement it in practice. It is especially going to help the consultants who are mainly responsible for implementing Financial Accounting and Cost Accounting with SAP ERP Financials.

In this session, you will learn about the Enterprise structure in SAP is an organizational diagram that shows how the whole group is mapped in SAP. It consists of some company units of different modules created for a specific business-related reason and are grouped together.

This session of SAP FI enterprise structures which are the bedrock of the financial solution; without them, you couldn’t integrate and configure your program.

This video of SAP Financial Accounting enterprise structure is Organizational Structure that represent an Enterprise Structure in SAP and Enterprise Structure is the key building block to the entire organization.

This General Ledger (G/L) accounts which are used to provide a picture of external accounting and accounts and to record all the business transactions in a SAP system.

The FI chart of accounts represents the list of GL accounts that are used to meet the daily needs and the operating country’s legal requirement in a company. The master chart of accounts must be assigned to each company code.

Validation and substitution in SAP are used in document posting. In SAP all input values are validated either by a program or with a table. However, certain validations are not carried on by these standard programs so you have to specifically use validation program to create validation rules in sap for your specific requirements.

In this video of reversal, you will learn about the reversed document, just go to document posting by entering transaction details in the command field and then start the process step by step.

In this SAP Accounts Payable video, you will learn Accounts Payable submodule in SAP FICO step by step from basics to advanced concepts with scenarios. At the end of the video, you will be able to recognize the scope and function of accounts payable, or the AP sub component of financial accounting.

In this video you will understand any postings made in Accounts Payable is updated in General Ledger as well. The Accounts Payable submodule has tons of reports and forecasting to features to track vendor outstanding and payments.

SAP Accounts Payable is one of the important components of SAP Financial (FI) Module. It represents as FI-AP respectively. This video contains the details about those modules.

In this video, you will learn about Manual Bank reconciliation statement which is reconciliation between the account maintained by your company and the account maintained by the bank.

The Data cap Accounts Payable application uses optical character recognition and location rules to capture invoice data.

Check management is used in cases where, when issuing your checks, you do not want to use the payment document number as the check number, but a different numbering method instead.

In this video we have described the SAP Accounts Receivable sub-module in detail. SAP FI Accounts Receivable component records and manages accounting data of all customers. It is also an integral part of sales management. This session will guide you through the basics of AR and AP, what they are, why they’re important, and some things you should keep in mind when recording transactions related to them.

This session is all about the AR/accounts receivable which is any money owed by customers to a company. In other words, it’s money that a company has a right to receive because it has provided a product or service. This video also guides you about configuration settings of Accounts Receivable in SAP FICO step by step.

In this video the topics provide an introduction to the SAP FICO Accounts Receivable and Accounts Payable application components. Accounts Receivable is a submodule of SAP FI used to manage and record accounting data for all the customers. It handles customer invoices, approvals, payments and other allied activities.

This video describes the process of recording accounts receivable and the allowance for doubtful accounts. The Accounts Payable application component records and manages accounting data for all vendors. The Accounts Receivable application component records and administers accounting data of all customers. It is also an internal part of Sales Management.

This session explains what is Dunning and how to perform Dunning Run Process along with technical information. You will also understand that if a customer misses the payment for the outstanding invoice by payment due date, then how you can generate a dunning letter using SAP FI and send it to the customer address to remind them of the outstanding payment.

In this part we will learn about SAP FI Tax functionality. This is an introductory tutorial about taxes in SAP FI included in our SAP FI course. Learn about the high-level flow of processing of taxes in FI module of SAP ERP. This tutorial also explains how to implement and configure SAP FI (Financial Accounting) and SAP CO (Controlling) module step by step.

In this tutorial on SAP International Currencies you will learn why and how foreign currency valuation is carried out in SAP. This video explains how to configure valuation methods and areas, and teaches you how to execute the valuation. Overall you will understand the international currencies within SAP FI Accounts Receivable.

Many company codes are involved in a cross-company code transaction. In a cross-company code transaction, the system posts a separate document with its own document number in each of the company codes.

Asset Accounting is an important module in SAP that manages assets of an organization by master records. Asset accounting is a sub ledger to the SAP FI module for managing the Asset records.

The FI-Asset Accounting (FI-AA) component is used for managing the fixed assets in FI system. In Financial Accounting, it serves as a subsidiary ledger to the General Ledger, providing detailed information on transactions involving fixed assets.

SAP Asset Accounting is also called as sub ledger accounting, it is one of the important sub-module of SAP financial accounting (SAP FICO) module. Asset Accounting in SAP (FI-AA) is used for managing and supervising the fixed assets of an organization.

Asset Accounting is a sub component of SAP FI Module. It deals with the fixed assets of the company for their management and analysis. It provides the complete information about the fixed assets transactions inside a company.

The SAP HR Payroll India component integrates with other SAP HR components like Personnel Administration (PA) and Personnel Time Management. There are interfaces to Financial Accounting and Controlling (SAP FICO).

SAP HCM is basically Integrated with FICO through the Cost Centre, GL account, Vendor Account etc. For integration link the symbolic accounts (from HR) to GL accounts. Symbolic accounts are the point of integration between FI and HR.

In this tutorial, you will learn about the integration points between MM and FI (there are several of them) and see an example of the integration in action. This tutorial is part of both our SAP MM course and SAP FI course.

SAP ensures that data from one module automatically flows to another module. In case of SAP MM FI integration, functionality and data from SAP MM (Materials Management) module triggers automatic postings in SAP FI (Financial Accounting) module.

In this part, we learn about SD and FI integration point. Whenever we sale a finish material to customer, then the customer have to pay for that. We send a bill to customer. In that position all billing document which is happens to sales and distribution module will be posted into FI module.

ASAP Methodology (Accelerated SAP) is a standard SAP related project preparation and systems implementation method, developed and updated by consultants that are involved in implementing SAP software products. This methodology is also useful for project managers and others who implement systems that support business processes.

The LSMW (Legacy System Migration Workbench) is a tool based on SAP software that supports single or periodic data transfer from non-SAP to SAP systems (and with restriction from SAP-to-SAP system).

In SAP FICO module, FI stands for Financial Accounting and SAP CO stands for Controlling. SAP FICO is one of the important modules of ERP SAP R/3 that deals with financial activities of an organization. This SAP FICO tutorials are designed for beginners from basic concepts including examples and real time scenarios.

This is an elementary session and you can easily understand the concepts explained here with a basic knowledge of how a business deals with its Financials. However, it will help if you have some prior exposure to accounting and how to deal with financial data.

This tutorial on Controlling (CO) module of SAP provides information to managers & decision makers to understand where the company's money is being spent. Controlling is not restricted by any legal requirements as in case of FI & is essentially an internal cost accounting tool.

This SAP Controlling video provides information on a variety of tools that can be used to provide operational information to the management to support business analysis and decision making.

This SAP controlling video provides core information to management on how to use SAP CO module for effective planning, reporting and monitoring of the business operations of an organization.

In this tutorial, you will learn how to implement SAP Controlling module step-by-step for a business organization with real time scenarios. You will develop skills in managing and configuring master data that covers cost and profit centers, internal orders, and other cost elements and functional areas.

SAP CO Product Costing module is used to find the value of internal cost of products. It is also used for profitability and management accounting for production.

This part will give you an overview of important reports which are used frequently in SAP FICO.

In this first video on the SAP S/4HANA Finance course, you will be getting a detailed explanation of the Costing-based CO-PA and Account-based PA along with the derivative of characteristics which will be shown in the SAP system by the trainer. Furthermore, you will be learning about the COGS G/L Accounts.

In this video, you will get a brief introduction to S/4HANA Finance module, starting with the release versions of S/4HANA, its advantages, the database, and table structure, the use of Fiori in S/4HANA which will be shown in the SAP system, and the transition scenarios to S4.

In this session, you will learn about the idea and concept of Universal Journal along with the differences between BSEG and ACDOCA. Furthermore, you will learn about the Non-Disruptive approach, the purpose and advantages of Extension Ledger, merging of GL & Cost element master data, the currency configuration, and the steps involved in the configuration of CO Integration.

In this video, you will learn all the configuration settings involved with GL account in S/4HANA Finance which will be shown in a step-by-step process by the trainer in the SAP system.

This is a continuation video to the previous lecture where you will get some more in-depth and detailed concepts associated with the GL accounts in the S/4HANA Simple Finance module.

In this video, you will learn about the complete work process of Ledger for the HANA Simple Finance module and its step-by-step process in the SAP system.

In this video, the trainer will be going through the different apps associated with the General Ledger Accounting, and along with this, the session will also be moving further with the concepts on BP.

In this video, you will be going through the work process of Cash Journal Entry and Master Data Maintenance in the SAP system. Furthermore, you will be learning about the BP groupings in the S/4HANA Finance module.

In this session, you will learn about the concepts related to Bank Accounting Management or commonly abbreviated as BAM. During this session, you will be learning about the Bank Hierarchy, Overdraft Limits, BCM, Centralized BAM, Liquidity Management, and Cash Operations.

In this video, you will get a brief overview of the architecture of New Asset Accounting, the pre-requisites for New Asset Accounting, Migration, Legacy Data Transfer, the limitations associated with Asset Accounting, and others.

In this video, you will learn about the changes associated with Asset Accounting from a user along with the concept of Depreciation Run in the S/4HANA Finance module.

In this video, you will learn about the different configuration steps associated with the Migration process of the S/4HANA Finance module. The trainer will be showing a step-by-step process of the whole work procedure in the SAP system.

In this video, you will know and learn about the different prerequisites for the New Asset Accounting and working on the same in the SAP system.

In this video, you will be going through the taxation part of the SAP S/4HANA Finance module and its work process in the SAP system.

In this video, the trainer will be seen answering some of the queries associated with the S/4HANA Finance course along with explaining the solutions in regard to resolving the queries.

In this video, you will get a brief knowledge on Profitability Analysis starting with an overview on Costing-based CO-PA, Account-based CO-PA, the Profitability Analysis in the Universal Journal, COGS concept and other detailed concepts associated with it.

In this last video on the SAP S/4HANA Finance course, you will learn about the different steps associated with Migration in S/4HANA Simple Finance such as Migration of Customizing, Data Migration, and Activities after Migration and all these steps will be shown with a detailed explanation by the trainer in the SAP system.