SAP FICO "Touch The Finish Line"

Learn how the chart of accounts organizes general ledger accounts across company code, group, and country-specific layers, with master data, cost elements, and cost centers.

Discusses the difference between the general ledger and subledger, and how the subledger tracks individual accounts such as accounts receivable and accounts payable, with reconciliation to the general ledger.

Explore how tolerance groups in SAP FICO control posting and authorizations per employee and per document, enabling controlled postings and clear differences in customer and vendor accounts.

Explains the three SAP FI field status groups—group level, posting level, and master data assignment—and how they control which fields are visible, optional, or mandatory during creation and posting.

Master posting, parking, and holding documents in SAP FICO, including Excel uploads for large entry volumes, recurring entries, and display balances.

Learn to set up house banks and bank accounts with routing numbers and account IDs in SAP FICO, enabling GL integration for AP disbursement and payments.

Learn vendor master data and non-po invoices in SAP FICO, configure master data and reconciliation accounts, and post invoices to accounts payable across multiple vendors.

Explore the automatic payment program in SAP FICO, detailing the functional aspects of accounts payable, vendor payments, payment proposals, and bank and currency considerations.

Investigate the automatic payment program and its variant setup for vendor payments. Learn how to print Canadian checks and modify the sfp and salsify scripts to run payments.

Explore how the purchase order process drives procurement, inventory, and cost accounting, and how goods receipt, invoicing, and payment integrate with FI in SAP FICO.

Configure and run dunning procedures in sap fico, defining dining areas, levels, and printouts, then automate payment reminders with grace periods and interest.

Explore foreign currency devaluation in SAP FICO, defining company and additional currencies, mastering currency types, translation, and valuation, managing open items, accruals and deferrals, with automatic postings.

Learn to configure and create cost centers, profit centers, and cost elements within a controlling area, link them to company codes, allocate costs to cost objects, and generate reports.

Learn how cost center postings allocate expenses to call centers and distribute costs to profit centers and product lines using distribution and assessment in SAP FICO.

Post incoming invoices and clear payments while defining and linking cost centers and profit centers within a controlling area and company code, using call centers as example.

Record and allocate expenses to cost centers, capture costs from labor, materials, and services, and generate plan versus actual reports to guide budgets and final product costing in SAP FICO.

Explore how to allocate overhead costs using cost centers in SAP FICO, differentiate reposting, distribution, and assessment, and build distribution cycles across cost objects.

Learn to allocate costs using cost centers and activity types in sap fico, defining activity units, cost elements, and SKF-driven distributions across service and maintenance activities.

Explore real postings and statistical postings in sap fico, showing how internal orders and cost centers capture, allocate, and display temporary costs with settlement and reporting.

Learn to create a standard sales order, apply pricing procedures and condition types, execute delivery and goods issue, and integrate with FI for accounting.

Explore how SD integration with FI and COPA enables drill-down of sales data into profitability segments, and walk through end-to-end delivery, billing, and document flow in SAP.