SAP FICO S/4HANA Simplified for Beginners

Learn how to download course materials from the resources section on a PC, navigate to lecture 17, and download notes for general, accounts receivable, and accounts payable.

Learn general ledger accounting in SAP FICO, linking SD, MM, and asset transactions to GL, using posting keys, and managing chart of accounts and company codes.

Learn to create GL master data in SAP, starting with the chart of accounts, then extend to the company code, configuring currency, field status, and data checks.

Advance mastery of master data by managing g/l accounts and chart of accounts, using variants and dynamic selection to speed reports and track changes with a change history.

Configure and test group chart of accounts and country specific chart of accounts in SAP FICO, map them to the operational chart of accounts, and assign to the company code.

Learn to hide, make mandatory or optional master data fields in SAP FICO using G/L account groups and OBD4 configuration, controlling tax category, reconciliation account, and exchange rate key.

Learn to delete a mistakenly created GL account by setting a deletion indicator at chart of accounts or company code and executing master data deletion.

examine a real time issue in GL account configuration for current assets and bank accounts. learn how field status groups and relevance to cash flow affect cash management and treasury.

Configure field status group as mandatory for bank accounts and optional for GL accounts to enforce cash flow relevance. Implement dynamic validations via SAP enhancements and test in OBD four.

Learn to post SAP general ledger journals with FB01, covering header and line item data, posting keys 40 and 50, document types, and internal numbering.

Post a document in SAP FICO by completing the document header, automatic document numbers, and up to three line items, with header and line-item data in the BCP/BSEC tables.

Learn how to block GL accounts for posting and creation at chart of accounts and company code levels, including planning restrictions, and practice a posting simulation in SAP FB01.

Explore how to test open posting periods using posting period variants 6310 and 6320, t-codes OB52 and OB16, and validate authorizations via authorization groups while distinguishing warnings from errors.

Explore SAP document change rules, showing how header and line item fields can be edited after posting in change mode, and how company code and account type settings govern editability.

Learn to attach documents, notes, and URLs to SAP FICO entries, apply header and line item attachments, and understand default company codes and cross-code considerations.

Adjust the SAP FICO field status variant for G001 to make text field, cost center, and business area optional in transactional data entry.

Learn fast data entry in sap fico by using header level posting and input templates to rapidly post multiple gl line items.

Learn to create and apply text for line items in SAP FICO to speed data entry, configuring line-item text in SPRO and using it in fast data entry.

learn how to enforce a real-time rule at header level by making reference number and document header text mandatory for all document types, preventing postings until entered.

Explore cross-company code postings within group companies, using salaries and receivables/payables between company codes, and see how automatic background configuration streamlines posting with cross-company documents.

Configure cross company code postings and test their integration across two company codes, creating gl accounts and posting keys, and validating the cross company code document flow.

Post and display SAP FICO documents across company codes using FB01 and FB03; view and filter posted documents by date, document type, and user with dynamic selections.

Learn how to use line item reports and balance reports for the ledger in sap fico. Master line item indicators, document view, and multi-selection to filter accounts across company codes.

Learn to create and manage user-specific and global layouts for SAP FICO reports, customize columns, apply totals and subtotals, switch outputs, and export to Excel.

Learn how to add entry date and entry time to a line item report when these fields are not visible in hidden columns, by adjusting the layout.

Explore real-time issue resolution by adding entry date and entry time via the special fields concept in line item reports, assessing available tables, and updating the layout.

Learn how to hold a whole document during entry in SAP, pause entry, save temporarily, and later complete or delete documents using zero one and SC38 program guidance.

Learn how to use sample documents as templates in SAP FICO, create recurring and sample document codes, and test posting by copying from a template without ledger updates.

Explain the recurring document concept in SAP FICO, using prepaid rent to automate monthly postings. Configure accounts and number ranges, create a recurring document, and batch-post at month-end.

Close the month by understanding the end-to-end process: deadlines, provisions, open invoices and items, frozen versus actual payments, and the preparation of final financial statements.

Learn to configure and test accruals and deferrals in SAP, post and reverse documents with alternative posting dates, negative postings, and open item considerations.

Explore open item management by posting a November electricity provision and paying against the exact open line item to achieve full clearing, with line item reports and clearing documents.

Learn open item management and partial clearing in SAP FICO by posting a 100 provision, paying 60 then 40, and tracking items from open to clear until final settlement.

Learn how residual clearing manages open items in SAP FICO by posting entries for electricity expenses, processing partial payments, and how the system creates new line items for remaining balances.

Learn how to configure tolerances, create clearing differences accounts, and test automatic clearing in sap fico using a rent example to verify postings.

Learn manual clearing of differences in sap fico by posting entries and clearing with f-03, understanding why fb01/fb50 don’t clear open items, and using f-07 for payments.

Explore document reversals in sap fico, including individual, mass, cleared items, and cross‑company postings; grasp mandatory reversal reasons, reversal of reversal, and resetting cleared items using fb08 and fb01.

Learn the negative postings concept in sap fico by testing reversals with and without negative postings, configuring reversal reasons, global indicators, and document types, and observing impacts on cash accounts.

Understand foreign currency transactions in SAP FICO by learning exchange rate types G, B, and M, bank buying and selling rates, and direct versus indirect quotation with practical import/export examples.

Configure foreign currency transactions by defining g, b, and m exchange rate types with translation ratios, then test usd to inr using a forex table and direct quotation.

Explore the concept of transactions in SAP by comparing FB01 and FB50, using posting keys, document types, and simplified data entry for efficient debit and credit postings across company codes.

Learn how sap fico handles interest calculation, posting, and month-end automation for loans, covering compound and simple interest concepts and related journal entries.

Learn to configure and test compound interest in SAP FICO, including interest indicators, reference rates, balance vs item calculations, value date, and loan masking.

Implement real-time interest posting in SAP FICO by creating a dedicated document type, configuring number ranges and GL accounts, and posting December entries with batch processing.

Configure a separate interest indicator and posting specifications for simple interest. Test monthly postings from January to December against interest payable and loan accounts.

Explore how sales and purchase taxes operate in a trading business, covering base price, input tax credit, output tax payable, deductible and nondeductible taxes, and reverse charge mechanism in SAP.

Explore localization tax configuration in SAP FICO by setting up country-specific sales and purchase taxes, building a tax pricing procedure, defining tax codes, and testing input and output taxes.

Explore SAP FICO tax testing by viewing rates for codes from fdc-sp with f13 and f11, and posting input and sales tax via fb50/fb51 while watching document type behavior.

Explore accounts payable in SAP, its submodules, and how GL reconciliation links to vendor master data. Learn vendor groups, account groups, number ranges, and field status.

Vendor master records in SAP FICO are explained, detailing general data at the client level and company code and purchasing data per code, highlighting data redundancy avoidance.

Configure accounts payable by creating local and foreign vendor groups, assigning and linking number ranges, setting vendor and customer tolerances, and defining document type ranges for posting and verification.

Create vendor master data and GL accounts in SAP FICO, assign reconciliation accounts for local and foreign vendors, and review changes, history logs, number ranges, and posting blocks.

Learn how to delete a vendor master in SAP FICO by marking a deletion flag, validating no postings or dependencies, and completing the deletion across vendor and company code data.

Explore how to control vendor master data fields using field status: suppress, display, and mandatory settings in the vendor account group, then test changes in general data.

Post invoices and payments in SAP FICO and practice clearing open items in general ledger, accounts payable, and accounts receivable using transaction codes and review vendor and customer line items.

Explore partial and residual payment methods in SAP FICO, posting invoices and splitting payments into installments across GL, AP, and AR. Track open items until final clearance.

explore residual clearing in sap by showing how a partial payment clears the full outstanding amount and creates a new balance line item, explaining the difference from partial payments.

Explore manual clearing in SAP FICO by posting an invoice, making partial payments, and clearing with F-44 and F-03, revealing header-only clearing documents.

Learn the one time vendor concept in SAP to purchase from temporary vendors without master data by creating a one time vendor and posting with standard transactions.

Create a custom sort key in SAP with up to four fields and an 18-character limit, and observe assignment field updates from name and city.

Explore configuring alternative reconciliation accounts in SAP to separately post goods and services for a single vendor, by creating a service reconciliation account and enabling input for flexible postings.

Understand dual control for vendor master sensitive fields, where an API-created vendor requires GL accountant approval to prevent misposting across company codes.

Configure and test dual control for sensitive fields at the client level, applying across all company codes via vendor master data and confirmation workflows.

Explore the payment terms concept in sap, covering due dates, baseline dates, cash discounts, and the role of credit periods in vendor payments with practical examples.

Learn to configure and test SAP payment terms, create four terms, and calculate due dates using baseline, document, posting, and entry dates for vendor scenarios.

Explore cash discounts and early payment terms, including 10-day 10% and 20-day 5% discounts, with 30-day net payment explained.

Explore cash discount testing in SAP FICO by configuring payment terms, posting accounts, and auto posting rules, then simulate vendor invoice payments at 10% and 5% discounts.

Configure master payment term Y004 with three installments of 15, 30, and 45 days in SAP, and test postings via FB60/FB70 to generate net due reports.

Enable amount split in the company code (6310) and create new payment terms to configure flexible installments and use the split tab during postings.

Explore day limit payment terms in sap fico, configure 1–15 to be paid on 28th and 16–31 to be paid next month, and simulate postings.

Configure fixed baseline date in sap fico, setting the posting date to the 10th of the next month, and test with postings and payment terms.

Understand the advanced payment flow for vendors, including creating a GL account linked to sundry creditors reconciliation account, posting a down payment, and transferring to normal to clear open items.

Explore the noted item workflow in SAP FICO, from creating a down payment request to converting it into a down payment, posting invoices, and clearing open items.

Explore how to print vendor statements in SAP, including configuration, generating account statements with fb2 and f.64, and options to customize with smart forms and scripts.

Learn how to send vendor account statements by email in SAP FICO, including configuring BT 2310, updating vendor master data, and testing with mail-enabled statements.

Learn how to post a vendor credit memo in sap fico using fb65, verify number ranges, post the credit document, and clear open items with f-44.

Learn the SAP house bank concept by configuring a separate house bank per branch, including ifsc/iban/swift codes, and creating three accounts per bank for incoming, main, and outgoing payments.

Learn to set up a house bank, post vendor invoices, create and issue checks, process vendor payments, and monitor checks with the check register in SAP FICO for beginners.

Learn to cancel an issued vendor check in SAP FICO, including posting invoices, creating checks, and automatic reversal and cancellation using FCH.

Explore the automatic payment program (app) concept that automates posting, clearing, checks, and payment advice, driven by accurate payment terms and due dates to select open items.

Configure automatic payment program settings to define country- and company-code payment methods, such as cheque for INR outgoing payments, and set up bank determination.

Master SAP FICO payment processing by executing F110 from parameter setup through posting, then reviewing line item reports, creating payment proposals, and printing checks with payment advices.

Block vendor invoices during payment execution and post checks. See how the system updates the check register and generates payment advices with check numbers like 7003 and 7007.

Learn to use free selection to pay only selected invoices, remove payment blocks, post new entries, and validate a payment proposal with document numbers and leading zeros.

Explore an SAP FICO payment scenario using free selection fields, create proposals for multiple line items, and configure case-to-case checks with check printing steps.

master the mark-for-payment approach in sap fico: remove vendor master indicator, configure item-level payment method, enter explicit payments, and run f110 to issue separate checks.

Configure minimum amount thresholds at company code and payment method levels, then use explicit line-item payment method entries to enable payments via the automatic payment program.

Learn to configure and process partial payments for a vendor invoice in the app, including enabling a special indicator, assigning accounts and reconciliation, and simulating a 100 of 200 payment.

Configure cash discount terms and tolerances, update vendor payment terms, and simulate next execution dates in F110 to optimize discounts and avoid losing 10%.

Explore how cash discount percentages under app configuration influence vendor line item selection, payment scheduling, and open item handling, comparing scenarios of 10% and 5% discounts against market rates.

Learn how to configure maximum cash discount for vendors in SAP FICO, test payment scenarios with F110, and implement ABAP enhancements to grant discounts after due dates.

Learn to use a grouping key in the automatic payment program to consolidate invoices into a single check. Post invoices, configure the reference field, and run the payment proposal to generate consolidated payments.

Learn to execute cross company code payments in sap fico by paying 6320 invoices from 6310, covering configuration, vendor setup, and cross code postings.

Configure a SAP FICO SEPA outbound payment, including payment method setup, variant creation, bank determination, vendor bank detail updates, posting invoices, and generating an output file for internet banking.

Learn to configure and automate sending payment advice by email in SAP FICO, detailing payment method setup, variants, F110 runs, and a custom program for email delivery.

Explore the basics of accounts receivable, its connection to the general ledger, and key AR concepts like reconciliation, customer master, account groups, number ranges, and field status.

Learn basic accounts receivable configuration in SAP FICO, including creating customer groups for SD integration, setting mandatory reconciliation accounts, and defining internal number ranges for master and transaction data.

Learn how to create reconciliation codes and customer master records in SAP FICO, including setting up sales groups, number ranges, and company code data for end-to-end master data creation.

Post a customer invoice (F-22) and receive the exact total to clear open items, illustrating full payment clearing and related line item, balance, and reconciliation reports.

Explore how SAP handles partial payments and residual payment method, posting a 1000 customer invoice and receiving 400 then 600, and analyzing line item reports and clearing behavior with f-28.

Explore manual clearing in sap fico by posting an invoice and two payments, compare f-28 with f-32, and learn how non clearing transactions affect open and cleared items.

Learn how residual clearing works in SAP FICO, including how partial payments create new open items and subsequent balances until the remaining amount is fully posted.

Learn how to configure reason codes for payment differences, set up a bank charges GL account, and automatically clear invoices when customers pay less than billed due to charges.

Link the customer and vendor master data to enable netting of receivables and payables, post customer and vendor invoices, then clear open items via line item report.

Continue the customer-as-a-vendor flow by posting vendor and customer invoices, enabling the shared document, and clearing linked line items in a single payment to settle a net payable of 500.

Understand the lockbox concept where customers deposit cheques into a bank lockbox; the bank processes deposits and provides a file to SAP via EBS for clearing entries.

Explore lockbox configuration in SAP FICO by setting up a house bank, creating a lockbox clearing account with template 6310, and updating customer master data with bank details.

Create and validate a lockbox testing file in SAP by designing the B2 format, including header, detail, and trailer records, ensuring correct lengths, batch numbers, and amount formatting.

Upload the lock box test file, adjust document and invoice numbers, post entries after validating the line item report and business area, then verify postings in FB03.

Learn how to test sap fico lockbox posting by creating and uploading a test file, posting checks of 2005, and verifying postings with fb03 and related screens.

Learn how to reconcile SAP with electronic bank statements by uploading flat files (940 and others), posting incoming payments to the log box clearing account, and matching customer invoices.

Configure electronic bank statement integration in sap fico by defining and assigning account symbols for main, incoming, and outgoing bank accounts, using masking to handle multiple house banks efficiently.

Configure posting keys and rules in sap fico to automate customer receipts and vendor payments, using posting rule x02 for receipts and x03 for outgoing payments.

Master the BAI2 file format basics—record types, file headers and trailers, and account identifiers—and how posting rules link external transactions to SAP FICO entries, using SAP’s test-file generator.

Post entries and configure end-of-day processing in SAP FICO for beginners to generate and verify a BAI2 file, handling 195 external transactions and customer payments.

Learn how to configure and upload a bank statement using bai2 in sap fico, including creating a transaction type, assigning bank accounts, and post-processing postings.

Understand asset accounting as a subledger in sap fico, enabling asset acquisitions, sales, transfers, scrapping, and depreciation, with asset class, GL accounts, and depreciation areas.

Explore asset accounting configuration in SAP FICO, including chart of depreciation creation and assignment to company codes. Define book depreciation areas, asset classes, and screen layouts for asset master data.

Explore SAP FICO GL integration with asset accounting, detailing asset classes vehicle and asset under construction, depreciation, accumulated depreciation, and posting configurations.

Learn to configure depreciation keys in sap fico, using explicit percentage methods, base methods, period controls, and multi-level depreciation to manage acquisitions, additions, and retirements.

Explore asset master creation in SAP FICO, including creating a main asset and subsets, configuring depreciation key 001, useful life four years, and time-dependent postings.

Post a main asset purchase using the asset posting transaction, verify that posting periods are open, and review asset explorer reports to examine depreciation and balances.

Post monthly depreciation in SAP FICO with Afab, moving from planned values to posted entries via background jobs, using test run and options for repeat, restart, or unplanned postings.

Post depreciation for main and sub assets in SAP FICO using background postings, external recreation, and asset master data, including a car battery as an integral part, for Feb 2020.

Create asset masters, procure assets, and simulate planned values before posting depreciation using the depreciation key and wdv, with repeat runs for Jan and Feb.

Demonstrates selling an asset to a customer in SAP FICO, including asset creation, purchase posting, depreciation, and retirement with customer sale entries.

Learn how to create an asset master, post depreciation, and execute a sale without a customer, including calculating loss and posting to the sale of asset accounts.

Create and manage an asset under construction (AUC) by accumulating capital expenditures in a set master, then settle to a new asset so depreciation runs when ready.

Configure assets under construction in SAP FICO by creating and assigning a settlement profile to the company code, and defining number ranges for settlement documents.

Learn to configure and post asset under construction (AuC) transactions in SAP FICO, including AuC setup for zero depreciation, posting acquisition and costs, and settling to a final machinery asset.

Learn how to procure an asset via a purchase order in SAP FICO, including creating a material master and asset master, then processing goods receipt and invoice verification.