FI/CO

Welcome to our SAP FI/CO module category page, where you can find a comprehensive collection of documents, tutorials, and guides. Explore our extensive resources to gain insights into financial accounting, controlling, and related processes, enabling you to master key concepts and optimize your SAP FI/CO implementation with ease.

Beginners Guide to Taxation in SAP CIN (India)

In this document you will find screenshots, examples and extensive notes on country version India (cin) and the various requirements which are to be completed under the Indian statute, how cin interfaces with SAP SD, Mm and FI processes and meets the report requirements.

Following are the content of this step by step tutorial guide:

  • Define Tax Procedures
    1. TAXINN
    2. TAXINJ – only procedure
    3. Assign Country to Calculation Procedure
    4. Activate Country Version India for Specific Fiscal Years
    5. Defining Tax Codes for Sales and Purchases
  • Define Access Sequence.
    1. JTAX
    2. JST1
  • Define Condition Types
    1. MM Excise condition types
    2. SD Condition Types
    3. Service Tax Condition Types
  • Checking and Changing [Account Key] Settings for
    1. Tax Processing
  • Define Tax Accounts

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Document Entry & Account Analysis in SAP FI Accounts Payable Module

This sample document explains the various accounting transactions in accounts payable such as parking checking and approving invoices in SAP Financials (FI). It will also help in understanding how Accounts Payable records all accounting transactions for dealings with suppliers.

Following scenarios covered in this guide relating to vendor transactions :

  • Vendor Invoice [FB60]
  • Vendor Invoice General [F-43]
  • Vendor Credit Memo [FB65]
  • Vendor Credit Memo General [F-41]
  • Display Vendor Balances [FK10N]
  • Display / Change Line Items [FBL1N]
  • Clear Vendor [F-44]
  • Park or Edit Invoice [FV60]
  • Park/Edit Credit Memo [FV65]

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Business Blueprint Sample: As-Is Process Mapped to SAP To-Be Process

The purpose of Business Blueprint document is to prepare to move forward with the implementation of any company SAP system. The Business Blueprint and its associated appendices present a summarized perspective of all functional business processes that will be implemented.

The body of this sample blueprint document describes the organizational elements, Master Data, Business Process, Configuration data and Developments of Financials (FI), Controlling (CO), Sales and Distribution (SD), Materials Management (MM) and Human Capital Management (HCM) with AS-IS (Current Business Process) and TO-BE (Proposed SAP standard Business Process) structure.

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Sample Question Set for SAP FI Certification (C_TFIN52_64)

Few days ago, I shared summary documents of TFIN50 & TFIN52 books which are required for SAP FI Certification (C_TFIN52_64). Recently, I’ve come accross another useful document with a set of questions unit by unit from TFIN50 & TFIN52 books. The author also documented his own questions asked at SAP Portal forums and answers inside that raised during his study from TFIN50 & TFIN52 notes. As you know, SAP does not share certification questions, and it is hard to find sample questions on internet. So I believe this document will be handy for practising your knowledge before sitting for certification exam.

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Step by Step Reference Guide to SAP (CIN) FI Excise Duty Procedures

Excise duty in SAP is a special function designed for India according to local requirements under Country India Version (CIN) template. In this document you will read various processes related to Excise of following procedures with screenshots:

  • TR6 Challan Creation [J1IH]
  • CENVAT Utilization [J2IUN]
  • Registers Updation (RG1, RG23) [J1I5]
  • Registers Extraction [J2I5]
  • CENVAT Register [J2I9]
  • ER1 Report [J2IER1]

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Introductory Guides to Product Costing in SAP Controlling

In this 2 part of series, you will find notes for the SAP functionality of product costing along with the corresponding configuration settings.

In first part, you will get an overview of:

  • Cost Component Structure overview
  • Master data for product costing (materials, BoM, Recipe etc.)
  • Costing variants
  • Valuation variant
  • Transfer Control concepts
  • Costing type, Costing version, Marking allowance
  • Costing sheets for overheads
  • Cost center planning and activity rates
  • Joint production, co-products, by-products
  • Costing of materials sourced from other plants

and in second part, you will get an overview of following topics:

  • Process Order Costing
  • Overheads Application
  • Period End: WIP/Variances/Settlement
  • FI Entries for Process Order Steps and PE Closing
  • Actual Activity Price Calculation and Cost Center absorption

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