SAP FI stands for Financial Accounting and it is one of important modules of SAP ERP. It is used to store the financial data of an organization. SAP FI helps to analyze the financial conditions of a company in the market.It can integrate with other SAP modules like SAP SD, SAP PP, SAP MM, SAP SCM, etc.

SAP FI Content

Introduction to SAP

-History of the SAP

-Different modules

- Introduction to FICO

Enterprises structure

- Creation of company

- Company code

- Business Area

-Functional area

-Segment area

- Fm area

- Assignments

Financial accounting global settings

- Fiscal year variant

- Posting period

- Document type

- Posting keys

- Field status variant

New general ledger concept

- Maintenance of Leading & Non leading ledger

- Activation of Non leading ledger

- Scenarioâ??s & customer fields for non-leading ledgers

- Ledger group

- Document splitting concept

General ledger accounting and global settings

- Chart of accounts

- Accounting groups

- Assignment

General ledger

- Creation and maintenance of account master

- Transaction entry

- Document parking and holding

- Recurring entry/sample document

Creation and maintenance of house bank

- Maintenance of house bank

- Maintenance of chequ. lots

- Cash journal 

Account receivable/account payable

- Creation of customer/vendor master record

- Invoice entry

- Incoming/outgoing payments

- Automatic payment programmer

- Special GL ledger

- Dunning

- Payment terms

Asset accounting:

- Chart of depreciation

- Asset classes

- Creation of asset

- Acquisition of asset

- Retirement of asset

- Depreciation run

- Scrape of asset

- Transfer of asset