topic Re: fico flow in Application Development and Automation Discussions

fico flow

Former Member — Wed, 05 Sep 2007 07:27:11 GMT

i need fico flow .

flow char

releated funcation modules.

tcode

Re: fico flow

Former Member — Wed, 05 Sep 2007 07:32:01 GMT

Hi Karthikeyan,

Try this link,

Vth Regards,

Mythili

Re: fico flow

Former Member — Wed, 05 Sep 2007 07:44:06 GMT

Hi,

Basically there are 4 major topics/areas in FI,

1. GL Accounting -

related tables are SKA1, SKB1 Master data

BSIS and BSAS are the Transaction Data

2. Account Receivables- related to Customer

All the SD related data when transfered to FI these are created.

Related Tables BSID and BSAD

3. Account Payables - related Vendor

All the MM related documents data when transfered to FI these are created

Related Tables BSIK and BSAK

All the above six tables data is present in BKPF and BSEG tables

You can link these tables with the hlp of BELNR and GJAHR and with Dates also.

4. Special Purpose Ledger.. which is rarely used.

5. Asset Managment

In CO there are

Profit center Accounting

Cost center Accounting will be there.

FI Organizational structure:

Client

Operating Concern

Controlling area1 Controlling Area 2

Co. Code 1 Co. Code 2

Bus area 1 Bus area2 Bus Area3 Bus Area 4

For more information check the following links:

http://sap-img.com/sap-fi.htm

http://www.sapbrainsonline.com/TUTORIALS/FUNCTIONAL/FI_tutorial.html

http://www.sapbrainsonline.com/TUTORIALS/FUNCTIONAL/CO_tutorial.html

Regards,

Bhaskar

Re: fico flow

Former Member — Wed, 05 Sep 2007 07:55:10 GMT

The FI module has 8 sub modules:

FI-GL
General Ledger Accounting
FI-LC
Consolidation
FI-AP
Accounts Payable
FI-AR
Accounts Receivable
FI-BL
Bank Accounting
FI-AA
Asset Accounting
FI-SL
Special Purpose Ledger
FI-FM
Funds Management

The SAP FI Module has the capability of meeting all the accounting and financial needs of an organization. It is within this module that Financial Managers as well as other Managers within your business can review the financial position of the company in real time as compared to legacy systems which often times require overnight updates before financial statements can be generated and run for management review.

The real-time functionality of the SAP modules allows for better decision making and strategic planning. The FI (Financial Accounting) Module integrates with other SAP Modules such as MM (Materials Management), PP (Production Planning), SD(Sales and Distribution), PM (Plant Maintenance),and PS (Project Systems).

The FI Module also integrates with HR(Human Resources) which includes PM(Personnel Management), Time Management, Travel Management, Payroll.Document transactions occurring within the specific modules generate account postings via account determination tables.

The FI (Financial Accounting) Module components.

The FI Module comprises several sub-modules as follows:

o Accounts Receivables
o Accounts Payable
o Asset Accounting
o Bank Accounting
o Consolidation
o Funds Management
o General Ledger
o Special Purpose Ledger
o Travel Management

Accounts Receivables records all account postings generated as a result of Customer sales activity.

These postings are automatically updated in the General Ledger . It is within the Accounts

Receivables Module that you can monitor aging of the receivables and generate customer analysis. The Accounts Receivable Module also integrates with the General ledger, Sales and Distribution, and Cash Management Modules.

Accounts Payable records account postings generated as a result of Vendor purchasing activity. Automatic postings are generated in the General Ledger as well. Payment programs within SAP enables the payment of payable documents by check, EDI, or transfers.

Asset Accounting is utilized for managing your company’s Fixed Assets. SAP allows you to categorize assets and to set values for depreciation calculations in each asset class.

Bank Accounting allows for management of bank transactions in the system including cash management.

Consolidation enables the combining of financial statements for multiple entities within an organization. These statements provide an overview of the financial position of the company as a whole.

Funds Management allows management to set budgets for revenues and expenses within your company as well as track these to the area of responsibility.

General Ledger is fully integrated with the other SAP Modules. It is within the General Ledger that all accounting postings are recorded. These postings are displayed in real-time providing up-to-date visibility of the financial accounts.

Special Purpose Ledger is used to define ledgers for reporting purposes. Data can be gathered from internal and external applications.

Travel Management provides management of all travel activities including booking trips and handling of expenses associated with travel.

CO Controlling

represents the company's flow of cost and revenue. It is a management instrument for organizational decisions. It too is automatically updated as events occur.

The CO module has following sub modules:

CO-OM

Overhead Costing (Cost Centers, Activity Based Costing, Internal Order Costing)

CO-PA

Profitability Analysis

CO-PC

Product Cost Controlling

The SAP CO (Controlling) Module provides supporting information to Management for the purpose of planning, reporting, as well as monitoring the operations of their business. Management decision-making can be achieved with the level of information provided by this module.

Some of the components of the CO(Controlling) Module are as follows:

· Cost Element Accounting

· Cost Center Accounting

· Internal Orders

· Activity-Based Costing ( ABC)

· Product Cost Controlling

· Profitability Analysis

· Profit Center Accounting

The Cost Element Accounting component provides information which includes the costs and revenue for an organization. These postings are automatically updated from FI (Financial Accounting) to CO (Controlling). The cost elements are the basis for cost accounting and enables the User the ability to display costs for each of the accounts that have been assigned to the cost element. Examples of accounts that can be assigned are Cost Centers, Internal Orders, WBS(work breakdown structures).

Cost Center Accounting provides information on the costs incurred by your business. Within SAP, you have the ability to assign Cost Centers to departments and /or Managers responsible for certain areas of the business as well as functional areas within your organization. Cost Centers can be created for such functional areas as Marketing, Purchasing, Human Resources, Finance, Facilities, Information Systems, Administrative Support, Legal, Shipping/Receiving, or even Quality.

Some of the benefits of Cost Center Accounting : (1) Managers can set Budget /Cost Center targets; (2) Cost Center visibility of functional departments/areas of your business; (3) Planning ; (4) Availability of Cost allocation methods; and (5) Assessments/Distribution of costs to other cost objects.

Internal Orders provide a means of tracking costs of a specific job , service, or task. Internal Orders are used as a method to collect those costs and business transactions related to the task. This level of monitoring can be very detailed but allows management the ability to review Internal Order activity for better-decision making purposes.

Activity-Based Costing allows a better definition of the source of costs to the process driving the cost. Activity-Based Costing enhances Cost Center Accounting in that it allows for a process-oriented and cross-functional view of your cost centers. It can also be used with Product Costing and Profitability Analysis.

Product Cost Controlling allows management the ability to analyze their product costs and to make decisions on the optimal price(s) to market their products. It is within this module of CO (Controlling) that planned, actual and target values are analyzed. Sub-components of the module are:

· Product Cost Planning which includes Material Costing( Cost estimates with Quantity structure, Cost estimates without quantity structure, Master data for Mixed Cost Estimates, Production lot Cost Estimates) , Price Updates, and Reference and Simulation Costing.

· Cost Object Controlling includes Product Cost by Period, Product Cost by Order, Product Costs by Sales Orders, Intangible Goods and Services, and CRM Service Processes.

· Actual Costing/Material Ledger includes Periodic Material valuation, Actual Costing, and Price Changes.

Profitability Analysis allows Management the ability to review information with respect to the company’s profit or contribution margin by business segment. Profitability Analysis can be obtained by the following methods:

· Account-Based Analysis which uses an account-based valuation approach. In this analysis, cost and revenue element accounts are used. These accounts can be reconciled with FI(Financial Accounting).

· Cost-Based Analysis uses a costing based valuation approach as defined by the User.

Profit Center Accounting provides visibility of an organization’s profit and losses by profit center. The methods which can be utilized for EC-PCA (Profit Center Accounting) are period accounting or by the cost-of-sales approach. Profit Centers can be set-up to identify product lines, divisions, geographical regions, offices, production sites or by functions. Profit Centers are used for Internal Control purposes enabling management the ability to review areas of responsibility within their organization. The difference between a Cost Center and a Profit Center is that the Cost Center represents individual costs incurred during a given period and Profit Centers contain the balances of costs and revenues.

refer

these

link1

link2

link3

tables in FI CO

<a href="http://www.sap-img.com/financial/important-tables-in-sap-fi.htm">important tables in FI</a>

<a href="http://www.sap-img.com/financial/important-tables-in-sap-co.htm">important tables in SAP CO</a>

important Financial Accounting t-codes

SPRO Enter IMG

OX02 Company Code - Create, Check, Delete

OX03 Create Business Area

OKBD Functional Areas

OB45 Create Credit Control Area

OB29 Maintain Fiscal Year Variant

OB37 Assign Co. Code to Fiscal Year Variant

OB13 Creation of Chart of Account (CoA)

OBY7 Copy Chart of Account (CoA)

OBY9 Transport Chart of Account

OBD4 Define Account Group

OBY2 Copy GL Accounts from the Chart to Co. Code

OB53 Define Retained Earnings

OB58 Maintain Financial Statement Versions

OBC4 Maintain Field Status Variant

OBBO Define Posting Period Variant

OBA7 Define Document Type & Number Ranges

OB41 Maintain Posting Keys

OBA4 Create Tolerance Groups

FBN1 Create GL Number Ranges

OBL1 Automatic Posting Documentation

FBKP Automatic Account Assignment

OBYC MM Automatic Account Assignment

OBY6 Enter Global Parameters

FS00 Creation of GL Master Records

(F-02) Posting of GL Transactions

(FB03) Display of GL Document

(FS10N) Display of GL Accounts

OB46 Define Interest Calculation Types

OBD3 Define Vendor Account Group

(XK01) Creation of Vendor Master

(F-43) Purchase Invoice Posting

(FK10N) Display Vendor Account

F112 Define House Bank

OBB8 Maintain Terms of Payment (ToP)

OBD2 Creation of Customer Account Group

OBA3 Customer Tolerance Groups

(XD01) Creation of Customer Master

(FD10N) Display Customer Account

(F-28) Incoming Payment Posting

OB61 Define Dunning Area

EC08 Copy Reference Chart of Depreciation (CoD)

OADB Define Depreciation Area

OAOB Assign Chart of Depreciation to Co. Code

OAOA Define Asset Class

AO90 Assignment of Account in Asset Class

OAY2 Determination of Depreciation Area in Asset Class

(AS01) Creation of Asset Master

(AS11) Creation of Sub Asset

(F-90) Asset Purchase Posting

(AFAB) Depreciation Run

(F-92) Asset Sale Posting

(AW01N) Asset Explorer

regards,

srinivas

Re: fico flow

Former Member — Wed, 05 Sep 2007 10:56:16 GMT

Hi,

Refer the following link:

http://sap-img.com/sap-fi.htm

Hope this helps.

Reward if helpful.

Regards,

Sipra

Re: fico flow

Former Member — Wed, 05 Sep 2007 11:02:55 GMT

Hi Karthikeyan,

FI Financial Accounting

designed for automated management and external reporting of general ledger, accounts receivable, accounts payable and other sub-ledger accounts with a user defined chart of accounts. As entries are made relating to sales production and payments journal entries are automatically posted. This connection means that the "books" are designed to reflect the real situation.

The FI module has 8 sub modules:

FI-GL

General Ledger Accounting

FI-LC

Consolidation

FI-AP

Accounts Payable

FI-AR

Accounts Receivable

FI-BL

Bank Accounting

FI-AA

Asset Accounting

FI-SL

Special Purpose Ledger

FI-FM

Funds Management

CO Controlling

represents the company's flow of cost and revenue. It is a management instrument for organizational decisions. It too is automatically updated as events occur.

The CO module has following sub modules:

CO-OM

Overhead Costing (Cost Centers, Activity Based Costing, Internal Order Costing)

CO-PA

Profitability Analysis

CO-PC

Product Cost Controlling

for tables check out link..

http://www.sapgenie.com/abap/tables_fi.htm

Take a look at this.

http://www.sap-img.com/sap-fi.htm

Please chcek this link and go to SAP R/3 Enterprise Application Components ->

Cross-Application Components -> Financial.

http://help.sap.com/saphelp_470/helpdata/en/e1/8e51341a06084de10000009b38f83b/frameset.htm

Regards,

Kumar.