SAP FICO Online Training Course Content

by K.Lakshmana Swamy Charted Accountant, Cost Accountant and SAP

Certified Consulatant
SAP FICO, FSCM and Simple Finance Online Trainer since 9+ years..
What is SAP CO (Co stands for Controlling)

CONTROLLING
Basic settings for controlling
1. Defining Controlling Area
2. Defining Number ranges for Controlling Area
3. Maintain Planning Versions
Cost element accounting:
1. creation of primary cost elements from financial accounting area
2. creation of primary cost elements from controlling area
3. display of cost element master records
4. change cost element master records
5. primary cost element categories
6. secondary cost element categories
7. default account assignments
Cost Center Accounting
1. Defining Cost Center Standard Hierarchy
2. Creation of Cost Centers and cost center groups
3. display cost center master records
4. change cost center master records
5. creation of cost center groups
6. posting to cost centers
7. reposting of co line items
8. Repost of Costs
9. planning for cost centers
10. Overhead Calculation
11. creation of secondary cost element master records
12. Creation and Execution of Distribution Cycle
13. creation and execution of assessment cycles
14. cost center reports
Internal Orders
1. Defining order types
2. Creation of internal order master records
3. display internal order master records
4. change internal order master records
5. postings to internal orders
6. planning for internal orders
7. reposting co line items for internal orders
8. repost of costs for internal orders
9. Report of Variance analysis for internal orders
10. creation of real internal orders
11. posting of business transaction to real orders
12. definition of allocation structures
13. definition of settlement profiles
14. definition of planning profiles
15. settlement of real internal orders
16. budgeting and availability control
17. maintain number ranges for budgeting
18. define tolerances for availability control
19. specification of exempt cost elements from availability control
20. maintenance of budget manager
Profit Center Accounting
1. Basic Settings for Profit Center Accounting
2. Creation of Dummy Profit Centers
3. maintenance of control parameters for actual postings
4. Maintaining planning versions for profit centers
5. maintaining the number ranges for profit center documents
6. Creation of profit center master records
7. display of profit center master records
8. changing the profit center master records
9. Creation of revenue cost elements
10. Automatic Assignment of Revenue elements for Profit Centers
11. assignment of profit centers in cost center master records
12. creation of account groups in profit center accounting for planning
13. planning for profit and loss account items
14. planning for balance sheet items
15. posting of transactions into profit centers
16. generating the variance reports for profit and loss account items
17. Generating the variance reports for balance sheet items.
Profitability analysis
1. Maintain characteristics
2. Main value fields
3. Maintain operating concern
4. Define profitability segment characteristics
5. Assignment of controlling area to operating concern
6. Activate profitability analysis
7. Define number ranges for planning data
8. Maintain plan versions
9. Maintain number ranges for actual data
10. Activate transfer of incoming sales orders
11. Mapping of SD condition types to COPA value fields
12. Mapping of SD quantity fields to COPA quantity fields
13. Maintain PA transfer structure for direct postings from FI/MM
14. Define forms (report painter)
15. Create reports
16. Execute reports
Product costing:.
Product cost planning:
1. Maintain overhead cost elements
2. Creation of dummy cost center
3. Define overhead keys
4. Define overhead groups
5. Define calculation bases
6. Define percentage overheads
7. Define credits
8. Define costing sheet
9. Assign costing sheet to costing variant
10. Creation of allocation cost elements
11. Creation of activity types
12. Creation of GL accounts and primary cost elements
13. Creation of cost centers
14. Creation of cost center groups
15. Planning cost enter wise
16. Planning for activity hours
17. Activity price calculation
18. Define cost component structure
19. Determine person responsible for work center
20. Define MRP controllers
21. Define floats
22. Define production scheduler
23. Creation of material master records- finished goods
24. Creation of raw material master records
25. creation of bill materials
26. creation of work center master records
27. creation of routings
28. creation of cost estimate with quantity structure
29. marking
30. releasing
31. creation of cost estimate without quantity structure
Integration of financial accounting with materials management:
1. Definition of organizational units in materials management i.e. plant, storage
location and purchase organization
2. Assignemnt of organizational units to each other
3. Definition of tolerance groups for purchase orders
4. Definition of tolerance groups for goods receipt
5. Definition of tolerance groups for invoice verification
6. Definition of vendor specific tolerances
7. Creation, display and change of material master records
8. Creation of plant parameters
9. Maintenance of posting periods for materials management
10. Mainternace of parameters for invoice verification
11. Maintenance of plant parameters for inventory management and physical
inventory
12. Definition of attributes for material types
13. Assignment of GL accounts for material transactions in financial accounting
14. Creation of purchase order
15. posting of goods receipt
16. invoice verification
17. Goods issue for production
Integration of financial accounting with sales and distributioin:
1. Definition of sales organization
2. definition of distribution channels
3. definition of divisions
4. assignment among various organizational units in SD
5. definition of partner functions
6. definitions of shipping point and loading points
7. definition of pricing procedures
8. determining the shipping points
9. determining the pricing procedures
10. maintenance of SD condition types
11. maintenance of condition records
12. assignment of GL accounts for sales transactions
13. creation of sales order
14. initialization of stock
15. posting the delivery of goods
16. creating the sales invoice