Start your Professional Growth with Focused SAP FICO Training in Abu Dhabi

Part 1-A General Ledger (GL)

Financial Accounting (FI)

• Company code, fiscal year variant, posting period variant; Chart of accounts — operational, country-specific, group
• GL account master data (local & global settings); Field status groups and document types
• Park document vs. Hold document — use cases and workflow; Posting keys and special GL indicators
• Reversal types — normal, accrual/deferral, mass reversal; Cross-company code postings
• Foreign currency postings — exchange rate types; Foreign currency revaluation (month-end closing)
• Realized vs. unrealized exchange rate differences

• Configuring GL from scratch — chart of accounts, posting periods, and document management
• Processing and reversing financial documents with correct posting keys
• Handling foreign currency postings and month-end revaluation

Part 1-B Accounts Payable (AP)

Financial Accounting (FI)

• Vendor master data (general, company code, purchasing views); Vendor invoice posting and credit memos
• Down payment requests and down payment clearing; Payment terms configuration (cash discount, baseline date)
• House bank and bank account configuration; Check management — creation, display, voiding, and reprinting
• Manual outgoing payments and open item clearing
• Automatic Payment Program (APP) — full configuration and run
• Sales tax / VAT configuration and posting; Withholding tax (classic and extended)

• Managing end-to-end vendor invoicing, credit memos, and down payments
• Configuring and executing the Automatic Payment Program (APP)
• Handling VAT, withholding tax, and bank account management

Part 1-C Accounts Receivable (AR)

Financial Accounting (FI)

• Customer master data and account groups; Customer invoice, credit memo, and debit memo postings
• Down payments and down payment clearing; Incoming payment processing and open item management
• Dunning — dunning areas, levels, procedure configuration and run
• Credit management basics (credit limit, risk categories)
• Customer account statements and correspondence

• Processing customer invoices, credit/debit memos, and down payments
• Configuring and running the dunning procedure for collections
• Managing credit limits, risk categories, and customer account statements

Part 1-D Asset Accounting (AA)

Financial Accounting (FI)

• Chart of depreciation, depreciation areas, asset classes; Asset master data and sub-assets
• Asset acquisitions (integrated with PO and direct posting); Asset sales — with and without customer
• Inter-company and intra-company asset transfers
• Depreciation keys — straight-line, declining balance; Planned depreciation run (AFAB) and posting
• Unplanned depreciation, write-ups, and subsequent acquisition costs
• Asset reports — asset history sheet and depreciation forecast

• Managing the complete fixed-asset lifecycle from acquisition to retirement
• Configuring depreciation keys and executing the planned depreciation run (AFAB)
• Generating asset history sheets and depreciation forecast reports

Part 1-E New General Ledger (New GL)

Financial Accounting (FI)

• Parallel ledgers — leading ledger, non-leading ledgers; Accounting principles (IFRS, local GAAP) assignment
• Ledger-specific posting and reporting
• Document splitting — active and passive split; Business area and profit center derivation
• Zero-balance clearing accounts; Segment reporting and real-time integration with CO

• Configuring parallel accounting with IFRS and local GAAP ledgers
• Applying document splitting for profit center and segment-level reporting
• Understanding real-time CO integration through the New GL

Part 1-F & G FI Integrations & Additional Topics

Financial Accounting (FI)

• FI–MM Integration: Goods Receipt/Invoice Receipt (GR/IR) clearing; OBYC — automatic account determination for stock postings; Invoice verification (MIRO) and subsequent debits/credits
• FI–SD Integration: Revenue account determination (VKOA); Customer billing document flow to FI; Credit management integration
• Validation rules — callup points, prerequisites, checks, and messages
• Substitution rules — automated field replacement logic
• Profit center master data, hierarchy, assignments, and period-end activities

• Mapping cross-module data flows between FI, MM, and SD
• Configuring automatic account determination for procurement and revenue postings
• Designing validation and substitution rules to automate financial posting governance

Part 2-H & I CO General Settings & Cost Element Accounting

Controlling (CO)

• Controlling area — definition and assignment to company codes; Number ranges and version configuration
• Maintain CO fiscal year and currency settings; Activation of components (CCA, PCA, IO, PA)
• Primary cost elements — automatic creation from GL accounts
• Secondary cost elements — assessment, settlement, and overhead
• Cost element groups and reporting hierarchies; Default account assignments and cost element categories

• Configuring the controlling area, fiscal year settings, and CO components
• Creating primary and secondary cost elements aligned to GL accounts
• Organizing cost elements into reporting hierarchies for management analysis

Part 2-J Cost Center Accounting (CCA)

Controlling (CO)

• Cost center master data and standard hierarchy; Cost center groups and activity types
• Manual and integrated cost planning; Actual postings — primary and secondary cost postings
• Overhead calculation — costing sheets
• Distribution and assessment cycles
• Activity type confirmation and variance reporting
• Cost center information system (reports)

• Planning and analyzing actual vs. planned costs by cost center
• Executing period-end allocations — distribution and assessment cycles
• Generating cost center reports and variance analysis for management decision-making

Part 2-K Internal Orders (IO)

Controlling (CO)

• Order types and order master data; Budgeting and availability control
• Actual postings and commitments; Period-end: overhead surcharges on orders
• Settlement rules — settlement to GL, cost centers, assets
• Order information system and reporting

• Monitoring short-term project and overhead costs using internal orders
• Configuring budgets and availability control on maintenance orders
• Executing settlement from internal orders to cost centers, GL accounts, and fixed assets