ERP FI

ERP FICO stands for ERP Financial Accounting and Controlling, the training course covers Accounts Receivable, Accounts Payable, General Ledger, Post Accounts, Close Books, Financial Statements and Balance Sheet. 

ERP-FICO Module : ERP Financial Accounting (FI) is an important core module where in live-time, the financial processing transactions are all captured to provide the basis via which data is drawn for external reporting. This ERP FI Module is integrated with many parallel modules that enable a company to unify processes that may have needed the utilization of many software packages.

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Course Information

Duration: 40 Hours

Timings: Week days 1-2 Hours per day (or) Weekends: 2-3 Hours per day

Method: Online/Classroom Training

Study Material: Soft Copy

System Access: For 1 month

Course Content

FI – FINANCE

CO-CONTROLLING

GL: General Ledger

CEA: Cost Element Accounting

AP: Accounts Payable

CCA: Cost Centre Accounting

AR: Accounts Receivable

IO: Internal Order Accounting

AA: Asset Accounting

PCA: Profit Centre Accounting

BA: Bank Accounting

PC: Product Costing

 

CO-PA: Controlling Profitability Analysis

FI - FINANCE

GENERAL LEDGER ACCOUNTING

  • Organization Structure
    • Company
    • Company Codes
    • Business area , Profit Centres
  • Financial Accounting Global Settings
    • Fiscal Year Variant
    • Field Status Variant
    • Tolerance Groups
    • Document Types & Number Ranges
  • Master Data
  • GL Planning (New)
  • Introduction to New GL Accounting
    • Parallel Currencies
    • Foreign Currencies
    • Interest Calculation
  • Business Process ( Easy Access Screen )
    • Creation of General Ledger Master
    • Document Postings, changes and reversals
    • Account balance verification
    • Templates like Sample, Reference Documents

ACCOUNTS PAYABLE

  • Master Data
  • Outgoing Payment
    • Manual Payments
    • Automatic Payments
    • Payment Methods
  • SPL GL Transaction
  • Advance or Down Payments
  • Note Items
    • Payment Terms & Cash Discounts
    • Business Process (Easy Access )
  • Creation of Vendor Master Records
    • Purchase Cycle
    • Invoice Postings
    • Advance Payments
    • Payments
    • Forex Liability Valuation

ACCOUNT RECIEVABLE

  • Master Data
  • Incoming Payment
    • Manual Receipts
    • Cheque Deposits
  • Special GL Transactions
    • Advances or Down Payments
    • Notes Items
    • Bill of Exchanges
  • Payment terms & Cash Discounts
  • Dunning Process
  • Business Process ( Easy Access )
    • Creation of Vendor Master records
    • Purchase Cycle
    • Invoice Postings
    • Advance Payments
    • Payments
    • Forex Liability valuation

ASSET ACCOUNTING

  • Organization Structure
    • Chart of Depreciation
    • Account Determination
    • Number Ranges
    • Asset Classes
  • Integration with General Ledger
  • Depreciation Keys
  • Asset under Construction from Internal orders
  • Business Process (Easy Access)
    • Creation of Asset Masters
    • Acquisition of Assets
    • Sales of Assets
    • Transfer of Assets
      • Inter Company
      • Intra Company
    • Depreciation postings
    • Settlement of AUC

BANK ACCOUNTING

  • House Banks
    • House Banks
    • Bank’s ID’s
    • Check slots
  • Cheque Deposits
  • Manual & Automatic Bank Reconciliation
  • Cash Journal

CO – CONTROLLING

GENERAL CONTROLLING

  • Organization Structure in Controlling
  • Controlling Area

COST ELEMENT ACCOUNTING

  • Master Data–Primary & Secondary Cost Elements
  • Accrual Calculation

COST CENTRE ACCOUNTING

  • Master Data- Cost Centres, Activity Types & Statistical Key Figure
  • Cost Centre Planning
  • Actual Postings
  • Period End Closing activities

INTERNAL ORDER ACCOUNTING  

  • Master Data – Internal Order
  • Internal Order Planning
  • Budget & Availability Control
  • Period End Closing Activities

PRODUCT COSTING

  • Product Cost Planning
    • Costing Sheet
    • Cost Component Structure
    • Costing Variants
  • Cost Object Controlling
    • Product Cost by Period
    • Product Cost by Order
    • Product Cost by Sales Order
  • Period End Closing Activities
    • Overhead Calculation
    • WIP Calculation
    • Variance Calculation
    • Settlement

CONTROLLING PROFITABILITY ANALYSIS

  • Structures
  • Master Data
  • Flow of Actual Values
  • Forms & Reports

PROFIT CENTRE ACCOUNTING

  • Basic Settings
  • Master Data
  • Planning
  • Actual Posting

INTEGRATION

  • Material Management (MM) with Fi Integration
    • Valuation Class
    • Price Indicator
    • Account Determination
  • Sales & Distribution (SD) with FI Integration
    • Sales Pricing Procedure
    • Condition Techniques
    • Account Determination

INFORMATION SYSTEM

  • Balance Sheet and Profit Loss Account
  • Chart Of Accounts
  • Trail Balance
  • General Ledger
  • User Manual
  • Vendor List
  • Vendor Wise Purchases
  • AGE Wise Analysis of Vendors
  • Down Payment Report Of Vendors
  • Vendor Ledger
  • Due Date Forecast of Vendors
  • Customer List
  • Customer Wise Sales
  • AGE Wise Analysis of Customers
  • Down Payment Report Of Customers
  • Bill of Exchange Bank wise & Party wise
  • Department wise/Telephone wise ,Cost Report Actual Cost and Variance
  • Vehicle wise/Telephone wise Cost Report Actual Cost Variance
  • Department wise & Machine wise Assets details– GROSS BLOCK, Accumulated depreciation & Net block.
  • Depreciation Forecast
  • Depreciation Posting Period Wise
  • Schedule V Assets Report
  • Assets Addition report , Sale Report , Profit/Loss on Sale Assets Report, Assets Transfer Reports
  • Audit Information System.

Key Features

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