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Sap Notes

SAP FICO is a module within SAP that focuses on financial data management and configuration of master data, including cost and profit centers. It encompasses essential components such as fixed assets, accounts receivable/payable, and general ledger, and is structured into various organizational levels like client and company code. The implementation of SAP is guided by an implementation guide (IMG) accessed via the SPRO T-code, allowing for the configuration of various financial structures within an organization.

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21 views4 pages

Sap Notes

SAP FICO is a module within SAP that focuses on financial data management and configuration of master data, including cost and profit centers. It encompasses essential components such as fixed assets, accounts receivable/payable, and general ledger, and is structured into various organizational levels like client and company code. The implementation of SAP is guided by an implementation guide (IMG) accessed via the SPRO T-code, allowing for the configuration of various financial structures within an organization.

Uploaded by

sathishreddy.p10622
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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SAP-FICO

SAP:-
SYSTEMS APPLICATIONS PRODUCTS IN THE DATA PROCESSING.

SAP an Enterprise resources planning (ERP). And data management.

SAP FICO:-
It Is used to store the financial data of an organization and manage and configuring
master data covers cost and profit centers, internal orders, and other cost elements

And functional areas.

ESSENTIAL COMPONENTS FOR FICO:-


 Fixed Asset
 Accrual
 Cash journal
 Accounts receivable and payable
 Inventory
 Tax accounting
 General ledger
 Fast close functions
 Financial statements
 Parallel valuations
 Master data governance

Enterprise structure:-

In organization, structures are divided into different levels. These levels


having a direct or indirect relationship with each other. These organization
structures are also known as Enterprise structure.

In the first step that clearly shows how SAP can be utilized in their business.
SAP-FICO

To runs, their business in an efficient way every organization divided its


organization into small organizational units.

Below are the levels included in SAP FICO enterprise structure-

 Client
 Chart of accounts (COA)
 Chart of depreciation
 Credit control area
 Company code
 Business area
 Functional area

Definition and Assignment:-

 Implementation of SAP in an organization, all configurations are done


with the help of an implementation guide (IMG)
 We can enter in the IMG screen with the help of “SPRO”T-code.

In these topic we can learn below levels,

 Define company code


 Define chart of accounts
 Define credit control area
 Define chart of depreciation
 Define business area
 Define functional area
 Assign company to company code
 Assign credit control area to company code
 Assign chart of account to company code
 Assign functional area to company code.
SAP-FICO
SAP-FICO

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