SAP FICO configuration set.

• Company Code configuration
• Standard Line item text configuration
• Complete GL configuration, defining chart of accounts, defining retained earnings account
• Validation & Substitution
• Parallel currencies configuration
• Taxes on Sales Purchase configuration
• GL Automatic clearing configuration
• Foreign currency valuation configuration
• GR/IR Regrouping configuration
• Financial Statement version configuration (Creating Balance sheet and Profit and Loss account)
• FI - MM account determination configuration
• FI - SD account determination configuration

• Define Ledgers for GL
• Define Currencies for Leading Ledger
• Define and Activate Non-Leading Ledger
• Assign Scenarios and Customer Fields to Ledgers
• Define Ledger Group
• Activate New GL Accounting
• Define Accounting principles and assign to ledger groups
• Define Variants for Real-time integration and assign to company code
• Define document number ranges for GL view (posting only to specific Ledger)
• Define document types for posting only to non leading ledgers
• Configuring document splitting
• Assigning Default profit center to accounts
• Define Worklist for exchange rate entry
• Assign Exchange rate to worklist
• Configuring Assessment and distribution in New GL
• Deactivate update of Classic GL

• Process/Production orders not settled.
• Networks/WBS not settled
• Internal orders not settled.
• Plant Maintenance orders not settled.

The document also covers how to create a report for cost of sales accounting.

• Define House Banks
• Electronic and Manual Bank statement configuration
• Check Deposit configuration
• Configuring Cash Journal
• SAP Payment Work Bench configuration
• Make settings for Payment medium formats from PMW
• Adjust Note to Payee
• Assign Payment medium format and note to payee to payment method
• Create/Assign selection variants
• Adjust Payment Medium format
• Create payment medium formats

• Define Account Groups for Customers and Vendors
• Define Accounting clerk
• Delete Customer and Vendor Master data
• Configuring Payment terms
• Configuring various automatic account determination
• Defining Tolerances
• Configuring Automatic Payment Program
• Special GL configuration for down payments from customer and vendors
• Configure regrouping of Customers & vendors per remaining terms of receivables & payables
• Dunning
• Configuring calculation of Interest on arrears

• Copying Chart of Depreciation
• Define Asset Classes
• Configuring account determination for Assets (Integration of Asset with GL)
• Deactivate Asset class for Chart of depreciation
• Configuring posting of depreciation
• Configuring the depreciation key
• Configuring asset classes for group assets
• Define/Assign Settlement profile
• Legacy Asset data transfer

• Configure Depreciation as above
• Assign target ledger group to the respective depreciation areas
• Wizard to set up Parallel Valuation.

• Maintain planning profiles
• Maintain budget profiles
• Define tolerance limits for availability control
• Define capitalization versions
• Maintain capitalization keys
• Determine accounts for non operating expense

• Define Table Group
• Maintain Fiscal Year Variant
• Maintain Ledgers
• Maintain Local Posting Periods
• Maintain Actual Versions
• Maintain Valid Document types
• Maintain local number ranges
• Perform Diagnosis
• Entering an FI-SL document
• Define Libraries
• Define Report Painter Reports

• Configuring the Controlling area
• Maintaining versions in Controlling area
• Configuring multiple valuation approaches/ Transfer prices
• Cost element accounting set up
• Reconciliation ledger configuration
• Setting Cost center Hierarchy, cost center master data, activity types
• Cost center planning which includes creating planner profile, creating planning layout
• Configuring various cycles such as Distribution. Assessment, Indirect Activity allocation
• Configuring Splitting structure
• Configuring Automatic account assignment (OKB9)

• Maintain the profit center settings for Controlling area
• Creation of dummy profit center
• Creation of Standard hierarchy and creation of profit center master
• Configuring the transfer price settings
• Profit center planning configuration
• Configuring Distribution and Assessment cycle
• Configuring the 3KEH table (Balance sheet and profit and loss accounts)

• Creating Characteristics and value fields
• Configuring the Operating concern
• Copying an Operating concern from an existing operating concern
• Maintain Characteristic values, defining characteristics hierarchy
• Defining Characteristic derivation
• Defining keys for accessing material cost estimate and assigning costing key to characteristics
• Planning configuration
• Maintaining value field groups
• Configuration for value flow from SD to PA
• Configuration for value flow form FI to PA
• Configuration for settlement of Product costing variance to PA
• Creation of Profitability report
• Transporting customizing settings

• Configuring the Costing sheet for calculating overhead
• Configuring the Cost component structure
• Configuring the costing variant
• Configuration for mixed costing
• Configuration for joint product
• Configuration for Work in Process calculation
• Configuration for Variance calculation
• Configuration for settlement of variance
• Configuration for Product cost by period - product cost collector and setting up of variance calculation
• Configuration for Product cost by sales order

• Configuring Material Ledger for Plants
• Configuring dynamic price changes
• Defining and assigning the material ledger update structure to plants
• Configuration of Actual costing and activation of actual cost component split
• Production start up activities in Material Ledger

• Define Order types
• Define Model orders
• Maintain Allocation structure
• Maintain Settlement profile
• Maintain number range for settlement documents

• Cash Position
• Liquidity Forecast
• Master data set up
• Manual Planning in Cash Position & End user training documents

• Steps to maintain a split valuated material
• Steps on how to create standard cost estimate for a split valuated material
• Scenario to see the results of split valuation