Introduction to SAP FICO Maheswaran Sundaram 4/4/2016 MAHESSUNDARAM - 1

Chapter 1 Overview of the FI Module The SAP Financial Accounting (FI) module provides integrated, on-line, real-time functionality for processing, recording and maintaining the financial accounting transactions of the business for external reporting purposes. Chapter Objectives –Provide a general overview of the Financial Accounting module and its sub- modules. –Highlight the various integration points among the FinanciaI Accounting sub-modules and other SAP modules. June 27, MAHESSUNDARAM,

June 27, 2018 MAHESSUNDARAM, 3 FI Overview FI AP AR AM GL CON Special Ledger

Introduction to SAP FI June 27, 2018 MAHESSUNDARAM, 4

Real-time integration with the General Ledger Integration with Sales and Distribution (SD) and Materials Management (MM) as a part of the Sales Cycle Integration with Treasury Credit Management Incoming Payment Processing Automatic Dunning Function Accounts Receivable (FI-AR) June 27, MAHESSUNDARAM,

Real-time integration with General Ledger Integration with Materials Management as a part of the Procurement Cycle Integration with Treasury Outgoing Payment Program Vendor Correspondence Accounts Payable (FI-AP) June 27, MAHESSUNDARAM,

Overview of the FI Module - Chapter Summary Key Terms: –SAP Financial Accounting Module –FI-GL –FI-AR –FI-AP –FI- AA –FI-LC –FI-SL –FI-FM –TR-CM –Integration June 27, MAHESSUNDARAM,

General Ledger (FI-GL) Integrated with other application modules and FI sub-modules Financial Data Entry User-defined balance sheet / profit and loss statement versions Multiple Currencies Flexible Report Generator June 27, MAHESSUNDARAM,

Sub-Modules of FI General Ledger Accounts Receivable Accounts Payable Fixed Assets (Asset Accounting) Legal Consolidation Special Purpose Ledger Funds Management Travel Management June 27, MAHESSUNDARAM,

Introduction to SAP FI June 27, 2018 MAHESSUNDARAM, 10 Stockholders Bankers, Lenders IRS, Taxing Authority External Auditors SEC

Introduction to SAP FI June 27, 2018 MAHESSUNDARAM, 11 G/L Reporting Legal or external reporting Balance sheet Income Statement Statement of Financial Position F Financial Accounting

June 27, 2018 MAHESSUNDARAM, 12

Controlling CO Reporting Internal Management reporting Reports by cost centers or other cost “objects” and cost elements Cost Centers Orders and Projects Budget/Plan Actual vs plan June 27, 2018 MAHESSUNDARAM, 13

Introduction to SAP FI Internal Accounting – Controlling June 27, 2018 MAHESSUNDARAM, 14 Departmental Expense Report Salaries10,000 Overhead 8,000 Other 5,000 Total23,000 Department Managers Controllers Executives Senior Management

June 27, 2018 MAHESSUNDARAM, 15 Thank you all Friends – Maheswaran Shanmugasundaram, Manager – AP – WEPL Chennai Plant – –