83060410 Introduction to SAP FICO

Introduction to SAP

CA. Dharmender GoelCA. Mukul Karwani

Agenda

1) Introduction of Consultant and participants

2) What is SAP

3) Overview of FICO Module

SAP is an ERP System

• ERP stands for Enterprise Resource Panning

• ERP is a combination of business management practice and technology, where information technology integrates with your company’s core business processes to enable the achievement of specific business objectives.

Why SAP has been so successful ?

•Multi-Lingual

•Secure Information

•Integration

•Multi-Currency

•Best Business Practices

•Enterprise-Wide

Advantages of SAP

• Integration of various modules

• Faster and Cheaper

• Real time reporting

• Multiple languages(40+)

• Multiple currencies (200+)

• Multiple countries (225+)

Integration of business functions

Introduction FICO module

U02XXCG.ppt 11/27/97 / 1 SAP AG

External and Internal Accounting

Insurance

Tax authorities

Stockholders

Legal authorities

Banks

Auditors

Journalists,media

Financial analysts

Admini-strators Managers

Offices, employeesControllers

Executive management

Standard (FI) Vs Flexibility (CO)

U02XXCG.ppt 11/27/97 / 1 SAP AG

Standards versus Flexibility

Accountingreport

...................

...................:::::::::::::::::::External Accounting

STANDARDSSTANDARDS

FLEXIBILITY

Banks

Internal AccountingInternal Accounting

Functional Components FICO

Financial Accounting • General ledger

• Accounts Receivables

• Accounts Payables

• Fixed Assets

• Banking

Integration

• FI-CO

• FI-MM ( Procure to Pay )

• FI-SD (Order to Cash )

Controlling• Cost Center Accounting

• Internal Orders

• Profit Center Accounting

Main Elements of Functional modules

Question and Answers