Step by Step Guide to Basic Configuration Settings in SAP FI

This guide contains configuration procedures for configuring basic prerequisites of SAP Finance (FI) module. Each procedures is demonstrated with screenshots with a few piece of information.

  • Define Company
  • Define Company Code
  • Assign Company Code to Company
  • Define Business Area
  • Define Fiscal Year Variant
  • Assign Fiscal Year Variant to Company Code
  • Define Posting Period Variant
  • Assign Posting Period Variant to Company Code
  • Define Open and Close Posting Period
  • Define Document Type and Number Ranges
  • Define Field Status Variants
  • Assign Field Status Variant to Company Code
  • Define Chart of Accounts
  • Assign Chart of Accounts to Company Code
  • Define Accounts Group
  • Define Retained Earning Account
  • Define Tolerance Groups
  • Define Tolerance Groups for Employees

1 reply
  1. srihari anumala says:

    in this material is looking good and it is really help full for us. Apart form this will you please update the fico basic settings for path as well as T-codes it could be better for every one

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