Fico_Book
SAP ERP Financials
®
and FICO
Handbook
S. N. Padhi
| | | SAP ERP Financials ® and FICO Handbook S. N. Padhi | | |
SAP ERP Financials
®
and FICO
Handbook
T J B P SAP® B S
HE ONES AND ARTLETT UBLISHERS OOK ERIES
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Upgrading SAP®
Maurice Sens (978-1-934015-15-5) © 2008
SAP® FI/CO Questions and Answers
V. Narayanan (978-1-934015-22-3) © 2008
SAP® ABAP™ Handbook
Kogent Learning Solutions, Inc. (978-0-7637-8107-1) © 2010
SAP® ABAP™ Questions and Answers
Kogent Learning Solutions, Inc. (978-0-7637-7884-2) © 2010
SAP® MM Questions and Answers
Kogent Learning Solutions, Inc. (978-0-7637-8144-6) © 2010
SAP® SD Questions and Answers
Kogent Learning Solutions, Inc. (978-0-7637-8198-9) © 2010
SAP® ERP Financials and FICO Handbook
S. N. Padhi (978-0-7637-8080-7) © 2011
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SAP ERP Financials
®
and FICO
Handbook
S. N. Padhi
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Production Credits
Publisher: David Pallai Composition: diacriTech
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Library of Congress Cataloging-in-Publication Data
Padhi, S. N.
SAP ERP financials and FICO handbook/S.N. Padhi.
p. cm.
Includes index.
ISBN 978-0-7637-8080-7 (hardcover)
1. SAP ERP 2. Financing Corporation (U.S.) 3. Accounting—Computer programs. I. Title.
HF5679.P23 2010
657.0285'53—dc22
2009037367
6048
Printed in the United States of America
13 12 11 10 9 10 9 8 7 6 5 4 3 2 1
This book is dedicated to my wife, Sharmistha.
A A
BOUT THE UTHOR
A graduate in commerce and an associated member of the Institute of Chartered
accountants of India, New Delhi, S. N. Padhi has more than 26 years of experience in
accounting, finance, taxation, audit, and information technology. He is a participating
SAP FICO consultant.
vi
T C
ABLE OF ONTENTS
An Introduction to SAP Software xi
Preface xiii
Chapter 1 Interview Questions and Answers 1
1.1 SAP-General 1
1.2 FI-General 12
1.3 Enterprise Structure (FI-ES) 15
1.4 G/L Accounting (FI-G/L) 24
1.5 Accounts Payable (FI-AP) 44
1.6 Accounts Receivable (FI-AR) 52
1.7 FI-AA 54
1.8 General CO 65
1.9 CO-CEL 70
1.10 FI-CCA 71
1.11 CO-PCA 79
1.12 CO-IO 80
1.13 CO-PA 84
1.14 Product costing (CO-Pc) 86
1.15 SD 87
1.16 MM 89
1.17 Technical Questions 91
Chapter 2 Certifi cation Questions and Answers 95
2.1 Questions 95
2.2 Answers 123
Chapter 3 Issues and Resolutions 127
3.1 SAP General 127
3.2 General Ledger (G/L) Accounting 128
3.3 Accounts Payable (AP) 135
3.4 Assets Management (AM) 143
vii
viii TABLE OF CONTENTS
3.5 Cost Center Accounting (CCA) 156
3.6 Profit Center Accounting (PCA) 156
3.7 New G/L 157
Chapter 4 Confi guration Steps 159
4.1 Enterprise Structure (FI-ES) 159
4.2 General Ledger Accounting (FI-G/L) 161
4.3 Accounts Payable (FI-AP) 163
4.4 Accounts Receivable (FI-AR) 168
4.5 Bank Accounting (FI-BL) 171
4.6 Assets Accounting (FI-AA) 174
4.7 Controlling Area (CO) 177
4.8 Cost Center Accounting (CO-CCA) 177
4.9 Internal Order (CO-IO) 179
4.10 Profit Center Accounting (CO-PCA) 181
4.11 Profitability Analysis (CO-PA) 182
4.12 Product Costing (CO-PC) 183
Chapter 5 User Transaction Codes 187
5.1 General Ledger (G/L) Accounting 187
5.2 Accounts Payable (AP) 192
5.3 Accounts Receivable (AR) 199
5.4 Assets Management (AM) 205
5.5 Cost Element Accounting (CO-CEL) 209
5.6 Cost Center Accounting (CO-CCA) 211
5.7 Internal Order (CO-IO) 217
5.8 Profit Center Accounting (CO-PCA) 220
5.9 Profitability Analysis (CO-PA) 224
5.10 Product Costing (CO-PC) 226
Chapter 6 FICO Quick Tour 229
6.1 SAP General 229
6.2 FI General 230
6.3 General Ledger (G/L) Accounting 232
6.4 AP and AR 240
6.5 Asset Accounting (AA) 247
6.6 CO General 252
6.7 CEL 254
TABLE OF CONTENTS ix
6.8 Cost Center Accounting (CCA) 255
6.9 IO 257
6.10 PA 258
6.11 PCA 261
6.12 PCC 263
Chapter 7 Special Areas 265
7.1 Foreign Currencies 265
7.2 Intercompany Transactions 266
7.3 Bank Reconciliation 269
7.4 Lockbox Configuration 271
7.5 Revenue Recognition 273
7.6 Automatic Payment Program 275
7.7 Three-Way Match 276
7.8 P2P 277
7.9 Vendor Down Payment and Clearing 278
7.10 Order to Cash (OTC) 279
7.11 Make to Order 280
7.12 Summarization Levels in CO-PA 281
Chapter 8 New GL 285
8.1 Document Splitting 288
8.2 Transaction Codes 289
Chapter 9 Tables in the SAP System 291
9.1 Enterprise Structure (FI-ES) 291
9.2 General Ledger Accounting (FI-G/L) 292
9.3 Accounts Receivable (FI-AR) 293
9.4 Accounts Payable (FI-AP) 294
9.5 Assets Management (FI-AA) 294
9.6 General (CO) 295
9.7 Cost Center Accounting (CO-CCA) 295
9.8 Profit Center Accounting (CO-PCA) 296
9.9 Profitability Analysis (CO-PA) 296
Chapter 10 SAP MM Confi guration 297
Chapter 11 SAP SD Confi guration 301
Index 305
