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1. SAP FICO

The document provides a comprehensive guide on implementing and configuring the SAP FICO module, which encompasses Financial Accounting (FI) and Controlling (CO) within the SAP R/3 system. It details the organizational structure, including components like Company Code and Business Area, and outlines the steps for creating a company and assigning company codes using transaction codes. Additionally, it highlights the integration of SAP FICO with other SAP modules and the importance of real-time financial reporting.

Uploaded by

HARISH VERMA
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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46 views14 pages

1. SAP FICO

The document provides a comprehensive guide on implementing and configuring the SAP FICO module, which encompasses Financial Accounting (FI) and Controlling (CO) within the SAP R/3 system. It details the organizational structure, including components like Company Code and Business Area, and outlines the steps for creating a company and assigning company codes using transaction codes. Additionally, it highlights the integration of SAP FICO with other SAP modules and the importance of real-time financial reporting.

Uploaded by

HARISH VERMA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SAP FICO

……………………………………………….SAP FICO
We will learn how to implement and configure SAP FI (Financial Accounting) and SAP CO
(Controlling) module step by step with real time project scenarios and issues. This SAP FICO are
designed for all beginning and professionals learners that helps to boost your knowledge on SAP
FICO module.
SAP FICO stand for Financial Accounting and Controlling, it is one of the important module of
SAP R/3 system that handles all the financial activities of an organization. SAP FI module
maintains the day to day financial transactions on real time basis and generates the reports for
external purpose. SAP CO module is used for organizational internal reporting purpose and
provides the information for the management for effective decision making.
SAP FICO module can be integrated with other SAP modules such as sales & distribution
module, Human resource management, Production planning, Material Management, Project
systems, etc. Posting that are made in these SAP modules with financials implications that
replicates the data in FICO module on real time basis.
SAP FICO Organizational Structure
The important organizational elements of SAP FICO are
Operating Concern: – It is highest level of organizational unit for both SAP FI & CO module,
where you can general profitability reports.
Company: -The creation of company in SAP is optional, it is only required to consolidate two or
more company codes data at country level or segment level.
Company Code: – The creation of company code in SAP is mandatory, at least one company
code to be implemented in SAP. It is a legal entity of organizational element and you can general
financial statements for reporting.
Credit Control Area: – It is a mandatory organization unit of credit management module as it
controls the credit limit for the customers at time of sales order process.
FI Contents:
 SAP FICO Enterprise Structure
 SAP FI Global Accounting Parameters
 SAP FI Accounts Receivable
 SAP FI Accounts Payable
 SAP Tax Accounting
 SAP FICO – Bank Accounting
 SAP Asset Accounting
SAP FICO

CREATE COMPANY IN SAP


SAP FICO

How to Define Company in SAP


(TCode - OX15)
How to create company in SAP
You can define company in SAP by using:-
Transaction code: – “OX15“
Navigation: – SPRO – SAP Reference IMG – Enterprise Structure – Definition – Financial
Accounting – Define Company.
Step 1: Enter Transaction code “OX15” in the SAP commend field as shown below image and
enter to continue.
SAP FICO

How to Create a Company in SAP


& Assign Company Code
Creating Company Code is a 2 Step process
1) Create Company Code
2) Assign Company Code to Company
Define Company Code
Step 1) Enter Transaction code SPRO in the command field

Step 2) In the next screen Select SAP reference IMG


SAP FICO

Step 3) In next screen Display IMG follow the menu path


SAP Customizing Implementation Guide -> Enterprise Structure ->Definition->Financial
Accounting->Edit, Copy, Delete, Check Company Code
SAP FICO

Step 4) In the next screen, select activity – Edit Company Code Data
SAP FICO
SAP FICO

In the Change View Company code screen


Step 5) Select New Entries

Step 6) In the Next Screen Enter the Following Details


 Enter your Unique Company Code Number
 Enter Company Name
 In the Additional Data section Enter City
 Enter Country for the Company
 Enter Local Currency
 Enter Default Language

Step 7) Click Address Details button on same screen


SAP FICO

Step 8) Enter Address Details for the Company this will appear in print forms
In the Name Section Enter Title and Company Name
In the Search Term section Enter Search term 1 and 2
In the Street Address section enter street, postal code, city, country
In the P O Box Address section Enter PO Box and Postal Code
In Communication Section Enter appropriate details
SAP FICO

Step 9) after completing this information Press Save and enter your Change Request
number.

You have successfully created a new Company code.

Assign Company Code to Company


Step 1) In the SAP Reference IMG Select the Menu path
SAP Customizing Implementation Guide ->Enterprise Structure->Assignment->Financial
Accounting->Assign Company Code to Company

Step 2) In the Next Screen Enter the unique Company ID against the Company Code you
Want to assign to this Company.
SAP FICO

Step 3) Press Save and Enter the Customizing request Number


SAP FICO

You have assigned the desired Company code to the Company

Define Business Area in SAP |


Create Consolidation Business Area
(TCode - OX03)
How to Define Business Area in SAP
Business area in SAP is an organizational unit within accounting that can be classified as
geographical wise or product wise as per the requirements of an organization.. Under business
area, you generate financial statements of balance sheet and profit & loss account for internal
reporting.

 The definition of business area in SAP is optional.


 You can maintain number of business areas in SAP as per company needs.
 To post items in business area, you need to enter business area when you enter the
business transactions.
 Examples of business areas are product lines, branches, etc.

You can define business area in SAP through navigation method or transaction code.

1. Navigation: – SPRO – Enterprise Structure – Definition – Financial Accounting –


Define business area
2. Transaction code: – OX03
SAP FICO

Step 1) Enter transaction code “OX03” in the SAP command field and enter to continue.

 Business Area: – Give the four digits key that identifies that business area in SAP.
 Description: – Update the descriptive text of business area.

Scenario: We have defined four business areas as per geographical wise.

Business Area Description

SH01 KK Nagar Business Area

SH02 Chennai Business Area

SH03 Bangalore Business Area

SH04 Coimbatore Business Area

Step 4) After updating the details, click on save button to save the configured business areas
data.

Now you are prompted for customizing request number, choose request and save the details.
SAP FICO

Successfully we have created new business areas in SAP.

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