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INTRODUCTION TO SAP FICO

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SAP FICO ONLINE TRAINING LEVEL I TRAINING THE FIRST LEVEL TRAINING IS FOR CANDIDATES WITH GOOD FUNDAMENTAL KNOWLEDGE OF ACCCOUNTING. IT CONTAINS DETAILED TRAINING ABOUT THE PROCESS FLOWS IN GENERAL LEDGER, ACCOUNTS PAYABLE, ACCOUNTS RECEIVABLES AND ASSET ACCOUNTING. CONTROLLING CONSISTS OF AREAS LIKE COST CENTER ACCOUNTING,INTERNAL ORDERS,PROFIT CENTER ACCOUNTING, PROFITABILITY ANALYSIS AND PRODUCT COSTING. – PowerPoint PPT presentation

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Title: INTRODUCTION TO SAP FICO


1
SAP FICO MODULE
2
PRESENTATION PATH
  • Introduction to ERP
  • Introduction to SAP
  • Configuration Aspects - SAP FI Module.
  • Configuration Aspects - SAP CO Module
  • Career Planning in SAP.

3
Introduction to ERP
  • What is ERP?
  • ERP is Enterprise Resource Planning
  • ERP automates the tasks involved in performing a
    business process.
  • ERP enables planning of all the resources (Men,
    Machine, Materials and Money) in an organization

4
Introduction to ERP
  • ERP products available in the Market are
  • 1. SAP
  • 2. ORACLE APPLICATIONS
  • 3. JDEDWARDS
  • 4. BAAN
  • 5. PEOPLE SOFT etc.
  • SAP is having a market share of over 65.

5
Introduction to SAP
  • SAP is a leading ERP Package.
  • SAP enables an enterprise to undertake its day
    to day and long term activities in an effective
    and efficient way.
  • Use of this package makes it possible to track
    and manage, in real-time, sales, production,
    finance accounting and human resource activities
    in an enterprise.

6
Introduction to SAP
7
Introduction to SAP
  • SAP is both the name of the Company as well as
    their ERP Product.
  • SAP system comprises of a number of fully
    integrated modules, which covers virtually every
    aspect of the business

8
Introduction to SAP
  • SAP Systems Applications and Products in Data
    Processing.
  • Brief History
  • Found in the year 1972 by Wellenreuther, Hopp,
    Hector, Plattner and Tschira
  • Renamed in 1977.
  • Before 1977 Systems Analysis and Program
    Development .

9
Introduction to SAP
Sales
Finance accounts
Inventory
SAP
Purchasing
Production Planning
Since all the modules are integrated data gets
automatically updated with SAP
9
10
Introduction to SAP
SAP Conceptual Areas
Application Area (Initiate and execute SAP
transactions) (Functional)
Basis Area (The technical administration of the
system) (Authorizations/Ids/etc)
Development Area (1. A developers workbench 2.
Create Test ABAP/4 programs) (Technical)
11
Introduction to SAP
  • SAP Application Modules
  • Financial accounting (FI)
  • Controlling (CO)
  • Materials management (MM)
  • Sales and Distribution (SD)
  • Production Planning (PP)
  • Plant maintenance (PM) Customer Service (CS)
  • Human resources (HR)
  • People with respective domains will enter in to
    the respective functional or application areas

12

INTRODUCTION TO FI MODULE
  • Key elements Of FI Module
  • General ledger
  • Accounts payable Sub ledger
  • Accounts receivable Sub ledger
  • Asset Management Sub ledger

13

INTRODUCTION TO FI MODULE
  • FI Module is needed to generate PL A/C and
    Balance sheet of a firm. In order to generate the
    financial statements transactions are recorded in
    the general ledger
  • GENERAL LEDGER
  • All the activities needed to post a transaction
    are undertaken.
  • Preparation of Chart of Accounts.
  • Creation of General Ledger Accounts.
  • Posting of a transaction.
  • Generation of reports.

14
INTRODUCTION TO FI MODULE
  • ACCOUNTS PAYABLES
  • Activities related to purchase of Raw Materials
    and purchase of other items on credit are
    recorded in this module.
  • Accounts payable in SAP is treated as a
    sub-ledger.
  • A G/L account Sundry creditors is maintained at
    the G/L Level.
  • At the Sub- ledger level a record Vendor Master
    is created.
  • All transactions are posted to sub-ledger.
  • Transactions posted to the sub-ledger are
    maintained at two levels- one in the sub-ledger
    and the same data gets transferred to the General
    ledger .

15
ACCOUNTS PAYABLE

  • SUB
    LEDGER


VENDOR MASTER
VENDOR X
VENDOR Y
GENERAL LEDGER
SUNDRY CREDITORS RAW MATERIAL
16
Introduction to Accounts Receivables
  • ACCOUNTS RECEIVABLES
  • Activities related to sale of finished goods and
    sale of other items on credit are recorded in
    this module.
  • Accounts Receivable in SAP is treated as a
    sub-ledger.
  • A G/L account Sundry debtors is maintained at the
    G/L Level.
  • At the Sub- ledger level a record Customer
    Master is created.
  • All transactions are posted to sub-ledger.
  • Transactions posted to the sub-ledger are
    maintained at two levels- one in the sub-ledger
    and the same data gets transferred to the General
    ledger .

17
Accounts Receivables


SUB
LEDGER

SUB
LEDGER

CUSTOMER MASTER
CUSTOMER X
CUSTOMER Y
GENERAL LEDGER
SUNDRY DEBTORS SALES
17
18
Introduction to FI Module Asset Accounting.
  • Activities related to purchase ,sale, transfer
    and scraping of fixed assets are undertaken in
    this module.
  • Lifecycle of a fixed asset becomes a part of
    Asset accounting.
  • Asset Accounting is treated as a sub-ledger in
    SAP.
  • At the Sub-ledger level Asset Master is created
    to record every asset separately.
  • Asset class is created to know the total value of
    the assets.
  • Asset Master is linked to the Asset class.
  • All transactions are posted to the Asset master.

19
Introduction to FI Module Asset Accounting.
  • Asset Class is linked
  • To the asset master

ASSET CLASS
ASSET MASTER
Plant machinery 1
Plant machinery 2
Plant machinery 3
20
Module CO Controlling
  • Data flow in Controlling will be from FI
  • The module is needed for Internal management
    reporting
  • CO Reporting
  • Reports by cost centers.
  • Orders and Projects.
  • Budget/plan.
  • Actual vs. plan.
  • Reporting the variances.
  • Taking corrective action.

21
Module CO Controlling
  • Represents the flow of cost and revenue
  • Instrument for organizational decisions
  • Key elements of the CO application module include
  • Cost center accounting - provides information on
    the costs incurred by the business cost center
    wise . E.g Salaries paid to finance or HR
    departments employees, Travelling expenses paid
    to particular departments employee.

22
Module CO Controlling
  • Internal Orders - Provide a means of tracking
    costs of a specific job, service, or task. E.g
    Marketing department wants to find out the cost
    incurred for conducting an advertising campaign.
  • Profit center accounting - A profit center will
    have revenues as well as costs. For a profit
    center we will be booking the revenues as well as
    costs and do the result analysis for the
    respective profit center.
  •  

23
Module CO Controlling
  • Profitability analysis It will enable A Grp to
    analyze the profitability of market segments
    according to the following characteristics
  • Products
  • Customers
  • Sales Districts (i.e. USA West, USA East, Saudi
    Arabia etc.)
  • Others.
  • E.g Sale of a product in specific area for a
    specific time period.
  • FI-MM AND FI-SD INTEGRATION

24
How Can a Career be Planned?
  • After completing the course, one can be-
  • Functional Consultant.
  • Support Consultant
  • End User

25
ROLE OF FUNCTIONAL CONSULTANT
  • Functional Consultant in an End To End
    Implementation Project

26
ROLE OF FUNCTIONAL CONSULTANT IN END TO END
IMPLEMENTATION
  • Functional consultant is expected to have
    knowledge about the current business process.
  • He is expected to design current business flows
    into SAP .
  • His main task will be to customize the respective
    business processes.

27
ROLE OF SUPPORT CONSULTANTS
  • The main job of the support consultant is to
    provide assistance to the customer or the
    organization where SAP is already implemented
  • Primarily responsible for solving the problems
    of end users.
  • When a problem arises the support consultant has
    to diagnose, analyze and solve the issue

28
ROLE OF END USER
  • End user will be using the ERP Software
    implemented in the Organization.
  • His role is restricted to data entry.
  • He undertakes activities like passing the JVs,
    entering the data related to invoices etc.

29
Thank You!
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