BASIC SETTINGS SAP (FICO)

ENTERPRISE STRUCTURE
1. Define Company
2. Define Company Code
3. Assign Company Code to Company
4. Define Business Areas

Step 1: Define Company

SPRO – Enterprise Structure – Definition - Financial Accounting – Define Company –

New Entries

Company = RELNCE
Company Name = Reliance Group of Companies

Street = Electronic City

PO Box =
Postal Code = 560035
City = Bangalore
Country = IN
Language Key = EN
Currency = INR

SAVE

Step 2: Define Company Code

SPRO – Enterprise Structure – Definition – Financial Accounting – Edit, Copy, Delete,

Check Company Code – Edit Company Code Data – New Entries

Company Code = RLIF

Company Name = Reliance Infocomm

City = Bangalore
Country = IN
Currency = INR
Language = EN

SAVE

1
BASIC SETTINGS SAP (FICO)

Step 3: Assign Company Code to Company

SPRO – Enterprise Structure – Assignment – Financial Accounting – Assign Company

Code to Company – Position

COMPANY CODE COMPANY

RLIF RELNCE

SAVE

Step 4: Define Business Area

SPRO – Enterprise Structure – Definition – Financial Accounting – Define Business Area

BUSINESS AREA DESCRIPTION

RHYD Hyd Business Area for RLIF
RBLR Blr Business Area for RLIF

SAVE

2
BASIC SETTINGS SAP (FICO)

FISCAL YEAR VARIANT

1. Maintain Fiscal Year Variant
2. Assign Company Code to Fiscal Year Variant

Step 1: Maintain Fiscal Year Variant

SPRO – Financial Accounting – Financial Accounting Global Settings – Fiscal Year –

Maintain Fiscal Year Variant – New Entries

No. of No. of
Year Calendar
FV Description Posting Special
Dependent Year
Periods Periods
April to
March for
RL ----- ----- 12 4
RLIF

SAVE

Select the FV created

Double Click on PERIODS – New Entries

Month Days Period Year Shift

1 31
2 28
3 31
4 30
5 31
6 30
7 31
8 31
9 30
10 31
11 30
12 31
10 -1
11 -1
12 -1
1 0
2 0
3 0
4 0
5 0
6 0
7 0
8 0
9 0

SAVE

3
BASIC SETTINGS SAP (FICO)

Step 2: Assign Company Code to Fiscal Year Variant

SPRO – Financial Accounting – Financial Accounting Global Settings – Fiscal Year –

Assign Company Code to a Fiscal Year Variant – Position

Fiscal Year
Company Code Name Description
Variant
April to March for
RLIF Reliance Infocomm RL
RLIF

SAVE

4
BASIC SETTINGS SAP (FICO)

POSTING PERIODS
1. Define Posting Period Variant
2. Open & Close Posting Periods
3. Assign Company Code to a Posting Period

Step 1: Define Posting Period Variant

SPRO – Financial Accounting – Financial Accounting Global Settings – Document –

Posting Periods – Define Variants for Open Posting Periods – New Entries

VARIANT NAME
RLIF Posting Period Variant for RLIF

SAVE

Step 2: Open & Close Posting Periods

SPRO – Financial Accounting – Financial Accounting Global Settings – Document –

Posting Periods – Open & Close Posting Periods – New Entries

Var. A/c From To From Year To Year From Year To Year

Acct. Acct. Period Period Period Period
1 2
RLIF + 1 2008 12 2008 13 2008 16 2008

SAVE

Step 3: Assign Variants to Company Code

SPRO – Financial Accounting – Financial Accounting Global Settings – Document –

Posting Periods – Assign Variants to Company Code – Position

COMPANY CODE VARIANT

RLIF RLIF

SAVE

5
BASIC SETTINGS SAP (FICO)

CHART OF ACCOUNTS
1. Define Chart of Accounts
2. Assign Company Code to Chart of Accounts
3. Define Account Group
4. Define Retained Earnings Account

Step 1: Define Chart of Accounts

SPRO – Financial Accounting – General Ledger Accounting – G/L Accounts – Master

Records – Preparations – Edit Chart of Accounts List – New Entries

Chart of Accounts = RLIF

Description = Chart of Accounts for RLIF

Maint. Language = English

Length of GL Account Number = 6

Controlling Integration = Manual Creation of Cost Elements

SAVE

Step 2: Assign Company Code to Chart of Accounts

SPRO – Financial Accounting – General Ledger Accounting – G/L Accounts – Master

Records – Preparations – Assign Company Code to Chart of Accounts - Position

Company Code Company Name City Chart of Accounts

RLIF Reliance Infocomm Bangalore RLIF

SAVE

6
BASIC SETTINGS SAP (FICO)

Step 3: Define Account Group

SPRO – Financial Accounting – General Ledger Accounting – G/L Accounts – Master

Records – Preparations – Define Account Group – New Entries

Account
Chart of Accts. Description From Account To Account
Group
RLIF SCPL Share Capital 100000 100099
Reserves &
RLIF RSPL 100100 100199
Surplus
Accumulated
RLIF ACDN 100200 100299
Depreciation
RLIF SCLN Secured Loans 100300 100399
Unsecured
RLIF UNSL 100400 100499
Loans
Cur. Liabilities
RLIF CLPR 100500 100599
& Provisions
RLIF FAST Fixed Assets 200000 200099
RLIF CAST Current Assets 200100 200199
RLIF SALE Sales 300000 300099
RLIF OTIN Other Incomes 300100 300199
Raw Material
RLIF RMCN 400000 400099
Consumption
Administrative
RLIF MFRG 400100 400199
Expenses
Manufacturing
RLIF ADMN 400200 400299
Expenses
Personal
RLIF PNEX 400300 400399
Expenses
Interest &
RLIF INTR Financial 400400 400499
Charges
RLIF DEPR Depreciation 400500 400599

SAVE

Step 4: Define Retained Earnings Account

SPRO – Financial Accounting – General Ledger Accounting – G/L Accounts – Master

Records – Preparations – Define Retained Earnings Account

P & L Statement Account

X 100100

SAVE

7
BASIC SETTINGS SAP (FICO)

FIELD STATUS VARIANTS

1. Maintain Field Status Variants
2. Assign Company Code to Field Status Variants
3. Define Number Ranges for General Ledger Document Types

Step 1: Maintain Field Status Variants

SPRO – Financial Accounting – Financial Accounting Global Settings – Document –

Line Item – Controls – Maintain Field Status Variants

Select the Standard 0001 Field Status Variant. Then select Copy As icon and Change the
Field Status 0001 to RLIF, then press Enter and select Copy All Icon.

Field Status Variant Field Status Name

RLIF Field Status for RLIF

SAVE

Step 2: Assign Company Code to Field Status Variants

SPRO – Financial Accounting – Financial Accounting Global Settings – Document –

Line Item – Controls – Assign Company Code to Field Status Variants – Position

Company Code Company City FSV

RLIF Reliance Infocomm Bangalore RLIF

SAVE

Step 3: Define Number Ranges for General Ledger Document Types

SPRO – Financial Accounting – Financial Accounting Global Settings – Document –

Document Header – Define Document Types – Position – Number Range Information –
Change Intervals – Interval

Number Year From Number To Number Current

Number
01 2008 1 100000

SAVE

8
BASIC SETTINGS SAP (FICO)

TOLERANCES
1. Define Tolerance Groups for G/L Accounts
2. Define Tolerance Groups for Employees
3. Maintain Company Code Global Parameters

Step 1: Define Tolerance Groups for G/L Accounts

SPRO – Financial Accounting – General Ledger Accounting – Business Transactions –

Open Item Clearing – Clearing Differences – Define Tolerance Groups for G/L Accounts
– New Entries

Company Name of Tol.

Tol. Group Debit Credit
Code Group
Tolerance
RLIF
Group for RLIF

SAVE

Step 2: Define Tolerance Groups for Employees

SPRO – Financial Accounting – General Ledger Accounting – Business Transactions –

Open Item Clearing – Clearing Differences – Define Tolerance Groups for Employees –
New Entries

Company Code = RLIF

Amount per Document = 5,000,000

Amount per Open Item Account Item = 5,000,000

Cash Discount per line item = 2%

SAVE

Step 3: Maintain Company Code Global Parameters

SPRO – Financial Accounting – Financial Accounting Global Settings – Company Code

– Enter Global Parameters – Position

 Business Area Financial Statements

 Propose Fiscal Year
 Define Default Value Date
 Negative Posting allowed

SAVE