In this first video tutorial, you will get a brief introduction on the ERP, how ERP automates the tasks involved in performing a business process, SAP and its different modules, along with an introduction to the FI module with its key elements like general ledger, accounts payable & receivable, asset management etc. Further, you will learn how to create G/L accounts, the process of linking it to sub-ledger and asset accounting. At the end, you will understand the role of a functional and support consultant in an end-to-end implementation of the whole process.

In this tutorial, you will learn about the role of a Functional Consultant in a project from a non-SAP to an SAP environment. Along with this, you will also learn about the role of an end user and the Support Consultant in the SAP FI module. Further, you will understand the concept of Implementation and Implementation Project and the basic understanding of the Enterprise Structure, activating Transaction Code (T-Code) and the process of using it with a detailed demonstration from the Instructor in the SAP system.

This video is a complete practical demonstration on the whole of the concept of defining Business Area, assigning company code to a company, understanding the three different types of servers involved in the FI process i.e. the Development Server, Quality Server and the Production Server. Further, you will get a detailed explanation on the Enterprise Structure Assignment and the Field Status Variant concept.

In this video tutorial, you will get a detailed understanding on the purpose of Document Types and defining Number Ranges in the SAP system. Further, you will learn about the Tolerance Groups in the G/L accounts along with a practical and detailed demonstration on working with the Company Code, End User Activities, creation of G/L accounts, retained earning account, assets and liabilities and the company income and expenses.

In this video, you will learn how to work on the G/L Account in the FICO module of the SAP system. Along with this, you will get a detailed explanation of Retained Earnings Account under which you will be working on the End User Activities, the Salary Account work process and the creation or deletion of G/L Accounts centrally in the SAP FICO module.

In this tutorial, you will learn the concepts on the G/L account documents, with G/L account posting and G/L account balance. Further, you will get a detailed demonstration and explanation on the different types of Reversal of Documents i.e. Individual Reversal, Reversal of Reverse Document and Mass Reversal. All these reversal process will be shown with a practical demonstration by the instructor on the SAP system. This will be preceded with the explanation on Holding of Documents, Parking of Documents and the Account Assignment Model.

In this tutorial, you will learn the concept of Open Item Management in terms of the Full Clearing Salary and Partial Clearing Salary, along with Post Outstanding Salary and Outgoing Payment. This will be preceded further by showing practical demonstration by the Instructor in the SAP system of the G/L account on the Outgoing Payments Process Open Items.

In this tutorial, you will learn about the Accrual Deferral Document Method which is basically related to the Income and Expenditure Method for an organization. Along with this, you will also learn about the 3 methods involved in this Accrual Deferral Method which is the (i) Post Accrual Deferral Document, (ii) Reverse Accrual Deferral Document (iii) Post Actual Salary. All these will be supported by practical demonstration by the Instructor on the SAP IMG screen. Further, you will get a detailed understanding on the Interest Calculation such as Item Interest Calculation, Balance Interest Calculation and the Penalty Interest Calculation, along with Creation of Interest Indicators like Defining reference interest rates, Bank Loan and Fixed Deposit.

This tutorial is a complete briefing about one of the core concept of the SAP FICO module which is “Account Payable”. In this video, you will get an overview of the Accounts Payable and its core functionalities such as defining account groups, defining number ranges for vendor account groups, assigning number ranges to vendor account groups and creating the G/L account. Along with this, you will get an understanding on the Document Types and Number Ranges and the Instructor will be seen giving demonstrations on maintaining number ranges, entering vendor invoice, post outgoing payments and the vendor’s balance display.

In this tutorial, you will learn about the Vendor Payment process in the SAP FICO module and what are the steps involved in the whole process. This is a complete practical tutorial by the Instruction in which you will be seeing advanced payment vendor through G/L account, linking of reconciliation account, posting of advance payment, vendor invoice posting and the advance clearing. Along with this, you will also get the practical explanation on the Terms of Payment like maintaining terms of payment, assigning terms of payment to vendor, G/L- cash discount received, assignment of account for automatic posting, vendor invoice and the vendor payment.

In this tutorial, you will learn and understand about the different Payment Differences associated with the SAP FICO such as G/L Payment Differences, Defining Reason Codes, Assignment of Account for Automatic Posting, Vendor Invoice and the Vendor Payment. All these will be practically demonstrated by the Instructor on the SAP IMG screen, starting with creating the G/L account. Further, you will be learning about the Check Management process and the steps involved in it such as Defining House Banks, Creation of Check Lots, Creation of Manual Checks etc. At the end, the Instructor will be seen explaining the Customer Master process in the Account Receivable of the SAP FICO module.

In this first video on Accounts Receivable in SAP tutorial, you will learn about the different activities associated with the customer account such as defining account groups with screen layout and creating and assigning number ranges for customer account groups. This will be seen explained thoroughly by the instructor in the SAP system. Further, you will be seeing how to create different types of G/L accounts.

In this video tutorial, you will learn about the different terms associated with the customer payment such as maintaining terms of payment for a particular duration like 15, 30 or 45 days, assigning terms of payment to customer, creation of G/L account for cash discount granted and expenses, assignment of account for automatic posting, vendor invoice and the vendor payment. All these steps will be seen explained practically by the tutor in the SAP system.

In this tutorial, you will learn about the complete practical demonstration on the Dunning Procedure being used in the Accounts Receivable module like the scheduling of the dunning selection, dunning parameters and others. You will also learn about the Bill Discounting, along with getting the answers to questions like where and why this is used in the organizations.

In this video, you will understand how to work on the Cash Journal in respect to any financial accounting, along with the life cycle of fixed assets. You will also learn a complete overview of the Asset Accounting and a work around of it being used as a sub-ledger.

In this video, you will learn a complete practical demonstration on how to work on the amount depreciation in asset accounting and sorting and loss based on asset number. You will also learn the prerequisites for automatic posting which are Chart of Depreciation, Account Determination, Chart of accounts and G/L accounts.

In this final video of the tutorial, you will learn and understand the complete process of how to create individual assets under the Asset Master and linking the depreciation key to the same. This will be taught by practical and detailed explanation by the tutor through the Easy Path in the SAP system.

In this video tutorial, you will be getting an overview on what is Asset Accounting, a picturesque diagram on the life cycle of fixed assets and why Asset Accounting is considered as sub ledger in SAP system.

In this video, you will be learning an overview of adding new entries in Asset Accounting with the help of a live example. Further, you will learn how to create assets in GL accounts and assignment of accounts for automatic postings.

In this lecture, you will understand the Depreciation process in Asset Accounting, along with defining multi-level methods in terms of Depreciation and linking the assets with the Depreciation key under the Asset Master. Further, it will be proceeded on a walk around with the Asset Explorer.

In this video tutorial, you will be able to understand on how to work on the Asset Retirement with customer which will be presented with a live example. You will also learn what are the conditions involved in doing an Asset Sale without a customer and what are the steps involved in the process.

This session of the course deals with Asset Impairment which is nothing but damaging of assets, how it is related to unplanned depreciation and what is the process involved in working on the unplanned depreciation.

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.

In this first video tutorial, you will get a brief introduction on Controlling and the different concepts related to CO such as what is a Cost Center Standard Hierarchy, how to create the Controlling Area in CO and also what is FI and why is it necessary to assign company code through FI. Further, you will get a practical demonstration by the instructor on the basics of working with new entries in the SAP CO system.

In this tutorial, you will learn and understand an overview of Cost Elements, what are the different types of Cost Elements which are basically Primary Cost Element and Secondary Cost Element. You will also learn how you can create a Primary Cost Element, Cost Centers and Cost Center Groups. Moreover, you will also understand the concept of CO document, working with maintaining number ranges groups, maintaining versions and the difference between the Plan and Actual Data Variance. All theses will be taught with practical demonstration in the SAP CO system by the instructor.

In this video, you will learn the different concepts related to the Internal Order in the SAP CO module such as its different types, what is a Statistical Order and Real Order, how to work on these two in the CO system, creation of Order Types and also creating Internal Order in the system. Further, you will also learn about the maintenance of Allocation Structure in the SAP CO system.