FINANCIALS

SAP FI

Organizational Structure

1.     Createa Company

2.     Createa Company and assign to Company Code

General Ledger

3.     Create Chart of Accounts

4.     Create Chart of Account (COA) Group

5.     Create Retained Earnings Account 

6.     Create G/L Account

7.     Posting to General Ledger

8.     Blocking Or Deleting GL Accounts 

9.     Display Changes To GL Accounts

10.  Create Financial Statement Version

11.  How to perform a Journal Entry Posting

12.  Fiscal Year Variant

13.   Assign Company Code To Fiscal Year Variant 

14.  Define Posting Period Variant 

15.  Opening And Closing Posting Periods 

16.   Define Field Status Variant And Field Status Group 

17.   Assign Field Status Variant To Company Code 

18.   Document Type And Number Ranges 

19.  Post With Reference 

20.  Hold Document 

21.  Park Document

Accounts Receivable

22.  Create a Customer Master Data

23.  Change Customer Documents

24.  Create Customer Account Group

25.   One Time Customer 

26.  How to post a Sales Invoice

27.  Document Reversal 

28.  Sales Returns – Credit Memo

29.  How to Post Incoming Payment

30.  How to post a Foreign Currency Invoice

31.  Incoming Partial Payments By Residual Method 

32.  Incoming Partial Payments By Partial Payment Method

33.  How to Reset AR Cleared Items

34.  Credit Control for the Customer

Accounts Payable

35.  Create Vendor Master Data

36.   One Time Vendor 

37.  Purchase Invoice Posting

38.  Purchases Returns – Credit Memo

39.  Outgoing Payments

40.  Foreign Currency Vendor Invoice

41.  How to Post Withholding Tax during Vendor Invoice Posting

42.  How to Post Withholding Tax During Payment Posting

43.  Outgoing Partial Payments By Residual Method 

44.  Outgoing Partial Payments By Partial Payment Method

45.  Reset AP Cleared Items

46.   Automatic Payment Run 

47.  Posting Rounding Differences

Reports

48.  Important Reports in SAP FI

Must know!

49.   Month End Closing – Foreign Currency Revaluation

50.  Important Tables in FI Module

51.  Dunning

Check List for FI Year End Closing