SAP: SAP FICO : GL, AP, Assets, Banking, Costing & more

Explore the SAP FICO financial overview, detailing client, controlling area, and company structure, and how the general ledger links with sub ledgers like accounts payable and receivable.

Explore the general ledger overview—chart of accounts, company codes, segments, and postings—showing how cost elements link financial accounting to controlling and balance sheet accounts.

Learn to create general ledger master data and cost elements in SAP by defining short and group accounts, distinguishing operating and group accounts, and linking cost elements to cost centers.

Learn how to post general ledger entries and journals in SAP FICO, using debit and credit lines, vendor and customer accounts, and complex screens, with currency and tax code considerations.

Explore the accounts payable master data in sap fico, including vendor general data at client level, company code details, reconciliation accounts, and payment terms.

Learn the accounts payable process from vendor invoices and credit memos to payments, including baseline dates, payment terms, cash discounts, and related general ledger entries.

Learn to create and manage AR master data for customers, including general data and accounting information. Configure account groups, number ranges, and payment terms to reflect customer classifications.

Create and post customer invoices in sap ar using sales data, manage errors, and post to gl and clearing accounts while handling payments and reversals to reconcile invoices.

Learn how to process accounts payable and accounts receivable payments, post invoices and clearing documents, and reverse or cancel documents to resolve open items.

Learn how to set up house banks, create bank accounts and IDs, link them to the general ledger, manage currencies, and process incoming and outgoing payments in sap fico banking.

Explore the cash journal within SAP FICO, covering cash safes, multiple branches, general ledger setup, three-digit currency accounts, and cash receipts and payments through business transactions.