Introduction we have pleasure in giving this free ebook to the new aspiring sap fico consultants. For more information, visit the financial excellence homepage. Following table shows mt 940 transaction codes which have been defined by bank officer and business user previously. With regard to the default configuration of an sap system and the activation of. Sap abap application component figl general ledger. Gl master records to be created in ap assets income advance to vendors cash discount received liabilities expenses sundry creditors recon ac purchase account. The new gl solution in sap erp financials is no exception. Electronic bank statement ebs setup assume that the business gets the following ebs file from its bank and this has to be uploaded into sap using ebs file upload. Obviously this book is more a practical guide than a reference book even though some info stuff has been inserted at some places. Company, company code, chart of accounts, account group, fiscal year variant, open and closing periods. Having configured the fi gl component, we now need to c onfigure the second important module accounts receivable ar and accounts payable ap of sap.
Asset accounting is a sub ledger to the sap fi module for managing the asset records. Benefits like segment reporting, cost of sale accounting, management reporting. It is the product of a financials world that has emerged since the introduction of sap r3 and represents a response to certain changes see figure 1. Sap fi automatic payment program configuration and run applies to. Hence if you are not comfortable with bank file format either you can approach them to modify it depending on your requirement else abap can help in writing. Introduction and portrayal of new business models within a single solution, thus avoiding separate ledgers like cost of sales ledger, profit center ledger, special purpose ledger etc. The entire sap fico configuration pack comes in 11 voluminous power packed cds f u l l o f m e a t y c o n t e n t and each sub module. Enhancements in new general ledger accounting irreversible. Would you like to participate in a short survey about the sap help portal. Edit chart of accounts list sap fi gl page 7 of 7 sap 4. This ensures transfer of crossentity controlling postings to general ledger in real time. Sap abap4 programming, basis administration, configuration hints and. This book is full of detailed stepbystep procedures with necessary. Document splitting is a function of new general ledger accounting as of sap.
For fund accounting, you can use the report writer library 0s1transaction grr3 to configure your. Sap simple docs welcome those who have passion for sap. The template for uploading is available in this app. Acces pdf sap new gl configuration document sap new gl configuration document new gl in sap fico new general configuration in sap fico new gl concept in sap fico this video explains new gl concept in sap fico. The below configuration has to be done to enable cofi reconciliation. Let us first understand the fico module before we actually start configuration. Activate, configure, and use additional general ledgers. New gl configuration step by step financial accounting.
Let us understand this concept of new gl and its use. We will cover the fi configuration from scratch and not copying configuration from an. These programs will generate customer open items and a lockbox file for processing. Document splitting in new general ledger sap blogs. Sap fi module mainly deals with fixed asset, accrual, bank, cash journal, inventory, and tax accounting, general ledger,accounts receivableaccounts payable arap, fast close functions,financial statements,parallel valuations,master data governance. Symbolic accounts are the link between the payroll and finance sections of sap. The fifinancial accounting module is geared for external reporting. There, choose sap s4hana cloud from the version field. It is difficult to validate the acitvity rates using the standard reports.
I am confused what are all the gl accounts i need to provide to hr people to assign. Brief overview of parallel accounting, integration of legal and management reporting, segment reporting, cost of sales accounting. In this document, you will find indepth overview and configuration process flow of new general ledger in sap ecc 6. The ar and ap co mponents store all the information and. Data is stored in a single totals table eliminating data redundancy. Sap online tutorials provide you to learn fico configuration settings in sap step by step with various screen shots. Migration from classic gl to new gl advantages are 1. Sap note 964686 transfer of statistical postings in co to fi. This transfer allows continuous reconciliation of cost accounting books with financial books and removes the need for any subsequent reconciliation. No need for additional reconciliation activities during closing. Sap financial accounting is one the functional module. New gl configuration step by step free download as word doc. Company, company code, chart of accounts, account group, fiscal year variant, open and closing periods, number ranges, global parameters, copying gl s.
Learn how to design, configure, and use document splitting, and get to know. Today, in the current r3, meeting the requirements of drawing out financial statements based on other accounting principles like ifrs, us gaap etc. Fi co new general ledger configuration in sap ecc 6. Ac210 new general ledger accounting in sap erp sap training. List of important sap fi tables sap finance tables. Full form or sap fico stands for fi financial accounting and co controlling.
The menu path for the configuration of the document splitting rule is as follows. Activate, configure, and use realtime integration cofi. Sap fico 1 sap fi stands for financial accounting and it is one of important modules of sap erp. May 16, 2016 sap basic settings complete configuration. Sap note 2318878 profit centersegment as an additional account assignment element in asset accounting. Sap abap application component figl general ledger accounting sap datasheet the best online sap object repository. Pdf 30 mb, epub 40 mb, and mobi file 65 mb for download, drmfree. You will learn complete subscribe my channel for more videos on sap fico and sap hana finance. Configure tax on sales and purchases sap simple docs. Sap fico i about the tutorial sap fi stands for financial accounting and it is one of important modules of sap erp. All points have been unassigned and the thread locked. List of important sap fi tables sap finance tables nov 16. The guide is very well documented with annotations on each screenshot to identify the area you need to select, action or note. Just to name a few like 0 balance sheet account, 02000 customer.
Business process bw mm and fi modules purchase purchase goods invoice payment requisition order receipt verification to vendor mm stores fiap figl 171. Organizational structure create a company create a company code. Sap fi tables ii download sap fico tables pdf file youtube. This article explains how to configure ebs electronic bank statement in sap for mt940 bank statement format. New general ledger accounting new business transactions document splitting define document splitting characteristics for general ledger accounting. Navigate to the data migration to sap s4hana from file.
Please do not share email addresses or links to sap ed information on these forums. Sap fico is the finance and cost controlling module in sap erp where fi stands for financial accounting and co stands for controlling. The sap finance tables list are classified by topics to easy find the relevant tables you are looking for. Accounting new general ledger accounting new business. Carriage return is used for creating new line in word or pdf formart and line feed. Sap fico is a module used for financial reporting both externally and internally. Typically in sap you can depict parallel accounting. Less manual postprocessing means that double maintenance of data. Hi, hi, i need to do fihr integration for fihr gl account determination. By continuing to browse this website you agree to the use of cookies. Mar 23, 2009 in the new gl, realtime integration of co with fi is ensured. Cost planning results con be posted to gl accounts.
Detail general ledger media library pdf file new general ledger accounting and sap industry solutions in the media library, you can also find other sources of interesting information relating to new general ledger accounting, as well as some recorded system demos that. Log on to your sap s4hana cloud system as configuration expert data migration and use the data migration. You will learn complete subscribe my channel for more videos on sap fico and sap. The fi financial accounting module is geared for external reporting. Each bank has its own standard bai and bai2, hence configuration and testing needs to be done depending on bank file configuration. Configuration of electronic bank statement ebs for mt940. Sap fico end user t code ii download sap fico t code pdf file duration. Detail general ledger media library pdf file new general ledger accounting and sap industry solutions in the media library, you can also find other sources of interesting information relating to new general ledger accounting, as well as some recorded system demos that you can view using the sap tutor player.
Bank file generation uses bank master data from fi. Sap new gl business process, configuration, testing. Sap fi automatic payment program configuration and run. Sap ag general ledger accounting fi gl april 2001 3 icons icon meaning caution example note recommendation syntax. The ar and ap acts as a sub ledger to fi gl for managing the balanc es of customers and vendors. The fi standard functions and reports are available for all parallel ledgers. Guided configuration follows the principle of a system driven implementation. I need to do fi hr integration for fi hr gl account determination.
We have configured in the sap fi gl configuration book a company a ltd with the company code 9100. Sap help overview sap best practices for sap s4hana, onpremise edition. It is used to store the financial data of an organization. Use test lockbox generation programs rfeblbt2 to generate ba12 format and rfeblbt3 for idoc format. In the new general ledger, you can display the parallel accounting using parallel accounts as in r3 or using parallel ledgers. Its high time to learn new finance automation process and accept changes that comes with sap leonardo for faster decision making, adaptability, innovation, business acceleration, better outcomes and it keeps sap customers employees focus on the real job to be done. Jan 20, 2012 download new general ledger configuration guide in sap ecc 6. Sap ag is not the publisher of thismaterial and is not responsible for it under any aspect. Co to fi reconciliation is one of the significant process improvements in sap new gl.
The intention behind sap new gl configuration is to combine the features of gl, profit center accounting, reconciliation ledger, special purpose ledger, business area, cost of sale accounting. Sap ag is not the publisher of thismaterial and is not responsible for it under any. New gl in sap fico new general configuration in sap fico. Objective of new gl sap has the following objectives behind the introduction of the new general ledger efficiently handle financial reporting, according to both local and international accounting principles. Sap ag 2007 this slide shows the realtime integration of co fi using the. Recording all business transactions primary postings as well as settlements from internal accounting in a software system that is fully integrated with all the other. Feb 27, 2018 sap fi tables ii download sap fico tables pdf file knowledge ball.
Introduction to tax configurations in sap tax configurations are done in sap at the country level. This document explains about new gl concept and configuration in step by step manner with screenshots. The objective is to record all financial transactions that are posted by an entity and produce financial statements that are accurate at the end of the trading period. The new gl concepts are leading and nonleading leger maintenance document splitting. Sap fico general ledger accounting configuration steps sap. Sap fi ap ar configuration sap r3 enterprise ecc6 published by team of sap consultants at. Assigned ledgers in figl and fiaa are inconsistent.
It is one of the very important and widely implemented modules in sap. The sap mt940 format consists of a sequence of fields defined as follows. Newgl basic overview erp financials community wiki sap. You can check the activity rates at table level using the sap tables. Invoice reduction and or invoice retention with document splitting. Jan 12, 2018 sap note 964686 transfer of statistical postings in co to fi. After you successfully finish the upload, you can post the general journal. Prepared by training class room instructor, this book contains a set of tutorials of configuration guide enduser manual for sap fico module.
With new gl, sap will reconcile co ledger with fi ledger realtime. The new general ledger in sap erp has the following advantages over the classic. In the new gl scenario, this is clubbed in fi general ledger itself. Nov 16, 2016 sap fi tables regroups the list of the main tables for finance module in sap. In this book you will find out the configuration processes in detail with full of steps, informations covered for each areas and you will find the screenshots too. Lets explore if the above file needs to be uploaded into sap, what is it an sap fico consultant needs to do in img as well as sap application side. Classic gl has the period close reconciliation ledger functionality to synchronize fi and co. Facilitate increased convergence between financial and management accounting. Sap note 996852 down payment on auc and document splitting. This document help you to understand sap fi new gl configuration in systematic manner and you need not to waste your time in spro for new gl configuration. Benefits like segment reporting, cost of sale accounting, management reporting, parallel accounting, balanced books are possible with new gl.
Sap fico module is very robust and covers almost all business process encountered in various industries. Basically these files contain financial data which can be in flat file or xml file format. Define field status variants use in this activity you create a field status variant with the corresponding field status gr. Document splitting sap documentation sap help portal. Lets explore if the above file needs to be uploaded into sap, what is it an sap fico consultant needs to. Follow the procedure described in the bh5 test script. General ledger accounting fi gl 1909 latest versions. Introduction this material is applicable for sap ecc 6 version. Sap abap application component fi gl general ledger accounting sap datasheet the best online sap object repository. Enter transaction fs00 into the sap command prompt, click execute. The new general ledger in mysap erp 2004 has the following advantages over the classic general ledger in r3 enterprise. Hi, the new general ledger has the following advantages over the classic general ledger in r3 enterprise which is available upto 4.
Jan 12, 20 accounts payable activity type configure tax on sales and purchases extended withholding tax foriegn currency general ledger internal order legacy system migration workbenchlsmw period end closing activities reconciliation ledger s4 finance sap accounts payable sap accounts recievables sap asset accounting sap cin sap controlling sap copaco. How can i know what are all the gl accounts i need to create for this. Therefore, tax configurations in sap are done for each country. With this app, you can upload multiple general journal entries from a spreadsheet or a csv file. Today, in the current sap r3, system does not ensure that every financial accounting document is balanced by profit center or segment or business area. Summary this document helps you to configure and run automatic payment program in fico module in sap ecc 6. This course provides the mandatory foundation knowledge required in order to understand and configure business processes for the sap erp application financials module in the areas of general ledger, accounts payable, and accounts receivable accounting. Sap fi financial accounting configuration hints and tips.
This is because all businesses in the same country need to follow the same taxation policies and generally accepted accounting principles while preparing their financial statements. Jan 08, 20 just recently i emailed my friend and said funny well, not really how many psychologists, doctors, dieticians, support groups, hospitals, and even a hypnotist, i went to over the years that couldnt help me and all it took in the end was a simple site like this, and a supportive partner. Use tcode spro click on sap reference img new window will open expand sap customizing implementation guide enterprise structure definition sap fico. Fico new general ledger configuration in sap ecc 6. You will learn complete subscribe my channel for more videos on sap fico and. It is comparable with document splitting for special purpose ledgers fisl.
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