FICO notes

Basic settings:
Creation of company

Creation of company code

Business area

Assigning Company code to company

Fiscal year variant

Assign fiscal year variant

Create posting period variant

Open and close posting period variant

Assign posting period variant to company code

Field status groups

Assign filed status group to company code

Tolerance group for employees

Tolerance group for GL Accounts

Chart of Account

Assign Chart of Account to company code

Account groups

Retained earning Account

Basic settings:

Step 1: Creation of company code:

Path:
Select create button
Enter description :

Ex: GL settings for HRHO

Save

It will display like below

Continue

This activity required only one time

From next time no need to create new request just save.

Step 2:

Creation of company code:

Select New entries (NE)

Save
It will display Pop up where you need to enter address details

Save

Note: Save in same request number

Step 3:

Define business area: Path

Select New entries:

Enter any 4 digits code and des

Save

Step 4: Assignment:
Assign company code to company:
Step 5:

Maintain Fiscal year variant

Select New entries

Select Periods Folder

Save

Assign Company code to fiscal year variant :

Save

Define Variants for open posting periods:

Save

Open and close posting periods:

Path:

Save

Assign variant to company code:

Save

Document types:
Document type Des Number range

SA GL Account Document 01

KR Vendor invoice 19

KZ Vendor Payment posting 15

KA Vendor Document ( Vendor 17

reversal/Noted items posted
here)

DR Customer invioce 18

DZ Customer Payment 16

DA Customer document 14
Select SA

Select Number range information:

Select change interval ( 3rd option)

Select inert interval

Enter number range:

Save

& save

The same way crate number ranges for other document types
Define field status variant: Path

Copy from 1000

Select copy option

Change name and des

Save

Assign company code to field status variant:

Same path:
Save

Tolerance group for GL Accounts:

Save

Define tolerance group for employees:

Same path

Chart of Accounts:

Path:

Select New enties:

Save

Assign chart of Account to company code:

Account Group:
Defie retained earnings Account:
Enter Chart of Account HRHO

Save

This step is optional when you are doing first time in a system then only you need to do it. From
second time on wards not required.

Create tax procedure:

Copy from tax us:

Change name as HRHO

Assign to company code:

Same path

Create GL Accounts:

FS00:

1. 200000 Exp Account ( Salary, Rent etc)

Bank Account :
Sub ledger Accounts:

When you create Vendor/Customer/Asset Account you need to follow the same process:
Postings:

FB50 for invoice posting:

Document simulate

Save

FBL3N: GL Report

FS10N: Account balance report

F8/Execute
Double click on line item you see below details:

FS10N:
Double click on line item you see below items:
Again double click and select over view button you see below details: