FI CO Overview

FI - GL
 Create a company code, chart of account,
account groups, retained earnings account, fiscal
year variant, posting period variant, field status
variant, tolerance groups, number ranges
 Document types, company
 Create accounts, FS00
 Make postings, FB50
 FBL3N, FAGLL03, FAGLB03, FB03, FB08, FBV0, f-
02
 Reverse a posting
 Automatic Clearing, F.13, create a clearing
account, with Open Line Item Mgmt
 OBAO for tolerance groups for automatic clearing
 GL
 Tolerance groups and limits
 FS00, FB03, FBL3N, FB50, FBV0,
FB08
 Posting, parking, holding
 FI – GL ….
 Foreign Exchange Valuation
 SAPF100 is the report for foreign exchange
valuation, and any report can be executed from
Transaction code SA38
 Exchange Key, Post automatically
 Buying rate, selling rate, average
 Lowest Principle, Strictly Lowest principle
 Account currency, Group chart of account, Group
account number
 Integration FI – MM, FI – PP, FI – SD
 Blocking the accounts
 Clearing accounts, automatic clearing,
f-03, f.13 automatic clearing,
Automatic clearing configuration
 Document, header data, line item data,
assignment field, open line item
management, line item display, sort
key
 Clearing account should be a balance
sheet account, and a open line item
managed account
 Clearing differences, foreign exchange
gains and losses
 Foreign exchange valuation method,
lowest value principle, strictly lowest
value principle (Refer to pages 441 -
442 in TFIN 50_2)
 Integration of FI with other modules,
SD, MM, PP. Procure to pay cycle, Plan
to Produce, order to cash cycle.
 OBYC transaction for integration, BSX,
WRX, GBB
 Valuation class, and Valuation modifier,
General Modifier
 Financial Statement version
 Automatic Account assignment FBKP
 FI – AP / AR
 Account groups, Vendor groups, customer groups
 Screen layout, screen layout for activity, display,
change, and create a vendor, or a customer
 Define number ranges
 Create recon accounts, G067, and Recon account
type
 Tolerance limits
 Sales account, and a expense account, and FB60,
FB70, F-28, F-53, FB65, FB75, FB15, F-32, and
F-44 (to clear off the Credit memos and Invoice)
 AP/ AR ….
 Account assignments, like rounding off errors,
foreign exchange gain and loss, ….
 FBKP, automatic account determination
 RDF, KDF, KDB – names for account
determinations
 Sort methods, if customer has a credit balance,
vendor has a debit balance, or if the recon
account is changed on the vendor / customer
master data…
 Automatic payment program, F110, and FBZP
 Extras
 Special GL transactions
 Validations and Substitutions
 ALV, Dynamic selections, SE16N, ParameterID
 FAGLL01, FBL1N, FAGLL05, FBL5N
 FD01, FD02, FD03, FK01, FK02, FK03
 Dunning, Automatic Dunning
 Assets
 Chart of Depreciation, Depreciation areas
 Screen layouts, number ranges, account
determinations, Asset classes
 Determine how depreciation areas post to GL,
asset classes post to GL, Determine the field
status
 Assign forms, step 46
 Create assets, post APC, Calculate depreciation,
Post depreciation
 AS01, AS02, AS03, AW01N, AFAB
(RAPOST2000), RAPOST2001 (SM37) is to look
for Log
 Assets….
 Depreciation Key, Depreciation method, base
method, multi level method, period control
method
 Low value asset, asset under construction –
different asset classes
 Transaction Types – 100 for asset debit, for asset
history sheets
 Transaction groups, 10 for acquisitions, 20 for
retirements, 30 for transfers, ….
 F-90 is to post APC for External acquisition
 Try, asset retirement (AB08 to reverse an asset
retirement, ABAVN asset retirement
 Asset Accounting
 Create a Chart of account (Steps 1-2)
 Update the Depreciation areas (Step 3)
 Do the Step 4, whether you understood or
not
 Assign Chart of Depreciation to CoCd (Step
5)
 Create Asset Classes (Steps 6-10)
• Create Screen Layouts for each Asset Class
• Create Number Ranges
• Create Account Determinations
• Combine all the above to create Asset classes
 Define how depreciation areas post
to GL, Step 12
 Assign GL Accounts Step 13

 Steps 14, 15 are required

 Steps 17
 Overview of CCA and PCA
 Controlling Area for CCA
• Standard Hierarchy
• Settings, like Version, activating components,
assign company code
 Number Ranges for CO documents (copied from a
company code 0001 or 1000)
 Documents groups, within group documents
types, Document type COIN
 Maintain versions, and planned versions
 Create Primary Cost elements, primary
revenue elements. Cost element type is 1,
and revenue element type 11.
 First time, batch input session to create all
the cost elements. Three steps
 Any new account created from then on,
cost element can be created on fs00, ka01
 Secondary cost elements, are created
using ka06. Type of secondary cost
elements are 41, 42, 43. OH cost element,
Assessment, Activity cost elements
 Maintain standard hierarchy and Create
cost centers. During creation of cost
centers, profit center should be
assigned. Assign it after the profit
centers are created.
 Cost center indicators, blocking the
revenues for cost centers.
 Post planned values for cost elements,
KP06.
 Post actual values for cost elements, by
changing the account field status group
to G004.
 Verify the cost center reports to check
planned and actual values
 Assessments and Distributions
• Cycles, segments, senders, receivers, fixed
portions, fixed percentages, fixed amounts
• Secondary cost elements for Assessments
• Secondary elements represent activity names
• Distribution is to move costs from one CO
object to another, using Primary cost elements
• Assessments are secondary cost elements, to
move from one CO object to other. Usually
from Cost center.
• If direct posting are done to an Order, (eg
Internal order) cost movement is called
Settlement
 Post planned activity values on cost centers,
and calculate activity prices.
• KP26 is to post planned activity
• Variable and fixed costs for the activity
• KSBT is display for activity price
• KSPI calculates Plan Activity Price
• KSII calculates Actual Activity Price
• For actual activity price calculation, actual
postings, and actual activity confirmations
from Production Orders
• KP26 has planned activity hours, for example
1000 hours of machining
• This is planned for a particular cost center
• All the planned values at that cost centers
divided by the planned activity gives the
planned activity price, Use KSPI for calculation
 Additional Aspects
 Indirect activity allocation
 Planner profiles, Report painter

 Reconciliation ledger

• Any transaction in CO, if it requires a

posting back to FI, recon ledger will
take care of that.
 PCA
 Maintain Controlling area
 Create Dummy profit center
 Number Ranges for PCA documents
 Create Standard hierarchy and Profit
centers
 Update your cost centers with Profit centers
 Post expenses, FI, CO, and PC documents
will be created
 Change the Field status group to G029
 Check profit center reports, to see actual
posting
 7KE1 to post planned values for
profit centers
 1KE0 to transfer planned data for

cost elements to PCA

 Run Assessments and Distributions
for PC
 New GL
 Create Company code, Tolerance Group,
Document Number Ranges, Retained
Earnings Account, Chart of account, and
Account groups
 Reuse Fiscal year Variant, Posting Period
Variant, Field Status Variant
 Create Multiple Ledger, one Leading ledger,
and as many non leading ledgers
 Create Ledger Groups. By default, every
ledger has a group by the same name
 No Ledger group specified during the
transaction posts to all Ledgers
 Assign Item Category for all the accounts
created, 01000 for BS accounts, and 20000 for
Expense accounts Fin Acc New -> GL New ->
Business Tran -> Document Splitting ->
Classify GL accounts for Doc Splitting
 Post to GL from FB50L, post to all ledgers, and
selectively
 Check the balances on FAGLL03
 To post to a non leading ledger, the document
types allowed for non leading ledger should be
assigned, and a number range should be
provided.
 Number range for Non leading ledger is Fin Acc
New -> Fin Acc Glo Setting -> Document ->
Doc Types -> Define Doc types for Entry View
in a Ledger
 Document Splitting – Passive, Active, and
Zero Balance Splitting. The splitting is done
in that order.
 Passive does not need any configuration,
and the split info is received from split info
table from the previous transaction.
 Previous transaction can be invoice posting
for payment transaction
 Zero balance splitting can be for a profit
center, or a segment, or a business area
 If a zero balance splitting is configured,
system splits the line items, based upon the
split line item
 Under the Extended document
splitting, rule should be activated for
different business transactions.
 Activated item categories for Vendor

Invoice business transaction Refer to

slides 27-30 in the New GL PPT
 Outline for Product Costing
 Analyze the Production order
• Display Order COR3
• BOM, Routing, RA Key, Variance Key,
OH Costing Sheet
• Look at Costs, Goto -> Analysis,
Balance
• Big picture, Assessments, activity
allocation, overhead allocation, Direct
posting, activity confirmation, overhead
costing sheet assignment to production
order
 Things needed to cost a product, BOM,
Routing, Material master, Activity prices,
overhead costing sheets – Refer to the
picture from FICO introduction PPT
 Configuration required – Refer to BOL
Product costing PPT
• Costing sheet – Base, Overhead rate and
credit, Definitely try to create a costing sheet
• Cost Component structure – Raw materials,
labor, OH – refer to configuration doc to create
a Cost component structure, line IDs, cost
element assignment to line IDs and Cost
component view, Roll up, fixed and variable
cost
 Costing Variant
 Major components of Costing variant,
Costing type, valuation variant,
quantity structure, date control,
transfer control, cost component
structure, overhead costing sheet.
 Create a costing variant

 Try CK40N, CK11N, CK24, cost

estimates, cost mark up and release
 CK13N to display the costing details
 Period End Closing
 Actual Overhead Calculation, WIP,
Variance Calculation, Settlement
• RA Key, RA Version, Line IDs,
Assignment
• Variance Key, Variance Variant
• Settlement profile, PA transfer
structure, Allocation structure
 Validations and Substitutions
 GGB1, GGB0, OKC7, OKC9, OBBH,
OB28