SAP FI Module Tutorial

This document covers the details of Configuration for Special Purpose FICO General Ledger

We are using the Special Purpose Ledger for statutory reporting or mangement reporting purpose. It also help us in doing single entry, adjstment posting like income tax deperication.

Steps for cofig.
– Define Table Group
Financial Accounting -> Special Purpose Ledger -> Basic Settings ->
Tables -> Definition -> Define Table Group

– Maintain Field Movement

GCF2
IMG Menu Path :

Financial Accounting -> Special Purpose Ledger -> Basic Settings ->
Master Data -> Maintain Field Movements

– Maintain Ledger for statutory ledger
GCL2
IMG Menu Path :
Financial Accounting -> Special Purpose Ledger -> Basic Settings ->
Master Data -> Maintain Ledgers -> Copy Ledger Assign Co Code
Assign Activities

– Define Versions
GCW1
IMG Menu Path :
Financial Accounting -> Special Purpose Ledger -> Periodic Processing
-> Currency Translation -> Define Versions
– Set Up Exchange Rate Type

OC47
IMG Menu Path :

Financial Accounting -> Special Purpose Ledger ® Periodic Processing ->
Currency Translation -> Set Up Exchange Rate Type

– Create Number ranges
GC04
IMG Menu Path :

Financial Accounting -> Special Purpose Ledger -> Actual Posting ->
NumberRanges -> Maintain LocalNumberRanges

– Create Currency Translation document type
GCBX
IMG Menu Path :

Financial Accounting -> Special Purpose Ledger -> Actual Posting ->
Maintain Valid Document Type

– Create Posting period variant
GCP1
IMG Menu Path :
Financial Accounting -> Special Purpose Ledger -> Actual Posting ->
Posting Period -> Maintain Local Posting Period

TRAINING NOTES & TIPS

  • We can archive & load the historical financial accounting module data. Archiving old & currently not in use data helps to save the storage & increase the program performance. We cannot archive all FI data like which contains open items; archivable data should meet certain parameters. The archived data can be accessed & reloaded in future. Some of the archivable SAP FI data are
    • Accounting documents
    • Payment requests
    • Customer master data
    • Vendor master data
    • Bank master data
  • Payment program in SAP financial accounting module is used to do the international payment transfers. This helps to make the transactions with vendors & customers easily & by following all country specific rules. The FI subcomponents which are mainly using the payment program are
    • Accounts Receivable
    • Accounts Payable
    • Treasury
    • Bank Accounting
  • Each data posting in Financial Accounting is known as a document.

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