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.

SAP Accounts Payable End-User Training Manual

This course will focus on how SAP Accounts Payable module manages Vendor transactions and activities.

The starting point of the course will introduce the concept of Vendor Master Record’s creation and will give explanations with regards as to how they will relate to transactional processes. The course will also touch on the structures of Vendor Master Record and their significance to processes that are critical to Accounts payables accounting in the recording of accounting transactions such as expenses, adjustments and also assist in areas of internal and external reporting.

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Yet Another General Ledger End-User Training Manual

This course will focus on how SAP General Ledger Accounting module manages general ledger transactions and activities.

The starting point of the course will introduce the concept of General Ledger Master Records creation and will give explanations with regards as to how they will relate to transactional processes. The course will also touch on the structures of General Ledger accounting record and their significance to processes that are critical to General ledger accounting in the recording of accounting transactions such as expenses, revenues, adjustments and also assist in areas of internal and external reporting.

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What is Clearing in SAP?

‘Clearing’ in SAP refers to squaring-off open debit entries with that of open credit entries. Clearing is allowed in GL accounts maintained on an ‘open item’ basis and in all customer/vendor accounts. The clearing can either be manual or automatic. In the case of manual clearing, you will view the open items and select the matching items for clearing. In the case of automatic clearing, a program determines what items need to be cleared based on certain pre-determined open item selection criteria and proposes assignments before clearing these assigned items. Whatever the type of clearing, the system creates a clearing document with the details and enters the ‘clearing number’ against each of the cleared open items. The clearing number is derived from the document number of the clearing document.

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Fiscal Year Change Activities in SAP

This document describes fiscal year change activities for SAP R/3 3.1, 4.0, 4.5, and 4.6; SAP R/3 Enterprise; mySAP ERP 2004; SAP ERP 6.0 and SAP ERP 6.0 enhancement package 1, 2, 3, and 4. Following topics covered in detail:

  • Fiscal Year Change Activities in Logistics
    • Defining Fiscal Year
    • Posting to Previous Period
  • Fiscal Year Change Activities in Accounting
  • Year Change Activities in HR
  • Factory and Holiday Calendars

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How to Execute Report Painter Reports Properly

Report Painter reports are available throughout your SAP system, including for reporting in FI, Controlling (CO), Project System (PS), Funds Management (FI-FM), and Logistic Information System (LIS). From a technical perspective, you can assign one or multiple Report Painter reports to a report group. You can then execute the report group using transaction GR55.

However, most organizations prefer to assign report authorizations by transaction code and therefore create individual transaction codes for each report. Then you have to transport the new transaction throughout the system landscape to execute the Report Painter report in your different systems (e.g., development or production). 

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What is Depreciation in SAP?

‘Depreciation’ is the reduction in the book value of an asset due to its use over time (‘decline in economic usefulness’) or due to legal framework for taxation reporting. The depreciation is usually calculated taking into account the economic life of the asset, expected value of the asset at the end of its economic life (junk/ scrap value), method of depreciation calculation (straight line method, declining balance, sum of year digits, double declining, etc.), and the defined percentage decline in the value of the asset every year (20%, or 15%, and so on).

The depreciation can either be planned or unplanned.

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