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This up-to-date quick reference guides the reader through the most popular SAP module. It includes material on SAP ERP Financials, SAP FICO, and SAP R/3. Unlike most books that only provide questions and answers for certification or interview preparation, this book covers fifty common business situations related to ERP Financials/FICO and provides practical solutions for them. In addition, the book begins with over 200 FAQs and certification questions for those who need a quick review of the material. A CD-ROM with FICO templates, short cuts, and color figures from the book is included with the text.
SAP is the world leader in Enterprise Resource Planning (ERP) software; of the software?s modules, the FI (Finance) and CO (Controlling) are by far the most popular and are widely implemented. This book has no competition?it is the only book on the market on how to configure and implement SAP?s FI and CO modules to maximize functionality and features hands-on, step-by-step instructions and real-world examples that provide immediate and practical solutions. Updated for SAP?s ECC 6.0, the book covers FI enterprise structure, general ledger, substitutions and validations, automatic account assignments, accounts payable and receivable, asset accounting, accrual engine, closing entries, credit management, lockbox, CO enterprise structure, profitability analysis (CO-PA), and more.
SAP ERP modules are notoriously hard to configure and use effectively without a lot of practice and experience. But as SAP ERP Financial Accounting and Controlling: Configuration and Use Management shows, it doesn't have to be so difficult. The book takes a systematic approach that leads SAP Financial Accounting and Controlling (FICO) users step by step through configuring and using all the program’s facets. This approach makes configuration complexities manageable. The book’s author—SAP expert, trainer, and accountant Andrew Okungbowa—ensures that both you and your end users are up and running quickly and confidently with FICO. He also provides sound and tested procedures that ensure your implementation works without error. SAP ERP Financial Accounting and Controlling: Configuration and Use Management is in fact the most comprehensive and easy-to-follow SAP FICO configuration book in the market. It incorporates a hands-on approach, with hundreds of screen shots and practical examples, that allows a person without prior configuration training to make SAP FICO ready for use in the enterprise. You’ll find that you don’t need to be a rocket scientist to grasp the concepts explained and apply them to your work—even when the finances are complicated, such as with the ins and outs of taxes, currency conversions, or special general ledger entries such as down payments or bills of exchange. Providing an in-depth coverage of both configuration and end user procedures, the book covers most aspects of the SAP FICO certification syllabus—SAP’s view of the module’s key tasks and procedures—including: Configuring and using the general ledger and accounts payable and receivable screens Configuring and completing closing procedures, asset accounting, and financial reporting Configuring global settings and enterprise variables Accounting for both profit and cost centers Creating a house bank Integrating FICO with other SAP modules Taking a jargon-free tone and providing an abundance of examples, Andrew Okungbowa provides a clear understanding of configuration techniques and the breadth of functionalities encompassed by SAP FICO. And as an accountant, Okungbowa understands the needs of end users as well as of those answering to the CIO.
All successful organizations need to continuously improve operational efficiency and achieve better financial results. Using this book you'll learn how to maximize your SAP ERP Controlling implementation by leveraging value-added activities and a process-driven approach. You'll find detailed, expert instruction on what needs to be done after an SAP ERP Controlling implementation is complete — when the real work begins! Learn how to minimize the time spent on burdensome reconciliation activities so you can focus on the strategic aspects. Discover how to meet a variety of challenges, including enterprise structure definition, managing integrated processes and applications, complex reporting requirements, and more. Using real-world examples and best practices, you'll also find out how to analyze and deploy the most appropriate tools and methodologies to best suit the needs of your organization. The business-process perspective and real-world focus make this a practical, invaluable resource for finance professionals, implementation teams, consultants, and anyone who needs to get the very most out of SAP ERP Financials.
Preparing consolidated financial statements for an enterprise with a parent and one or more subsidiaries requires a detailed review of underlying transactions in order to properly reflect results and financial position. For large, integrated, and multinational organizations, likely with millions of transactions, it is imperative that the financial accounting software facilitate this process. This expertly written guide focuses on leveraging SAP S/4HANA Finance for group reporting. Explore key functionality and how the universal journal has led to the evolution of the group reporting solution. Using a detailed case study, the author discusses configuration and master data and walks the reader through the period-end process for consolidation and explores reports using financial transactions that have already been entered into SAP S/4HANA Finance for group reporting. Explore reports delivered with SAP S/4HANA Finance for group reporting. This book is targeted at both finance professionals and the functional consultants who perform the configuration and execution of processes for preparing consolidated financial statements. By using practical examples, tips, and screenshots, this book covers:

- SAP S/4HANA Finance for group reporting and the universal journal
- Configuration and master data
- Period-end process for consolidation
- Reporting and analysis
This book provides a framework and a complete plan to enable business and technical managers to make the optimal decisions that are necessary for the successful implementation of SAP in their organizations. Valuable information is provided on management tools, technical details, and case studies involving cultural/people issues.
Configure the FI and CO Modules to Meet All Your Business Requirements Configuring SAP R/3 FI/CO is the only book of its kind: a detailed, practical guide to configuring R/3's two most popular modules. Written by the experts responsible for R/3 configuration in a Fortune 200 company, it provides detailed instructions and examples for all the Financial and Controlling submodules—information that will help you make good on your company's sizable investment. Coverage includes: FI Enterprise Structure General Ledger Substitutions and Validations Automatic account assignments Accounts Payable Accounts Receivable Credit Management Lockbox CO Enterprise Structure Cost Element Accounting Cost Center Accounting Internal Orders CO settlement Profitability Analysis (CO-PA) Profit Center Accounting Investment Management Visit this book's companion Web site at www.virtuosollc.com for additional coverage of FI/CO configuration techniques.
This book, SAP FICO Black Book, brings to you a simple to the point non-technical jargon free discussion on SAP FICO along with comprehensive real life examples based on authors real life implementations. One of the first FICO books which cover business cycles rather than plain technical configuration. Targeting intermediate and advanced-level readers, this book discusses Implementation Tools; Enterprise Structure; New GL Configuration; Online Document Splitting; AR; AP; AA; Bank accounting; Integration of FI with Other Modules; Business Processes; Controlling; Cost Center Accounting; Product Costing; Material Ledger Configuration and Profit Center Accounting. The author has spent the last 10 years of his career acquiring this knowledge through the trial and error method. It covers the end user as well as technical configuration perspective. It can serve as a starting point for the people who want to comprehend how the financial and managerial accounting functions in an ERP. Most of the FICO text deals with technical configuration and throws little light on its functional implementation. This book is author s humble attempt to bridge the gap by providing real life scenarios along with technical details.
The first and only book to offer detailed explanations of SAP ERP sales and distribution As the only book to provide in-depth configuration of the Sales and Distribution (SD) module in the latest version of SAP ERP, this valuable resource presents you with step-by-step instruction, conceptual explanations, and plenty of examples. If you're an SD consultant or are in charge of managing an SAP implementation in your enterprise, you'll want this valuable resource at your side SAP is one of the leading Enterprise Resource Planning (ERP) software products on the market, with over 40,000 implementations Covers the latest version of SAP ERP-ECC 6.0 Covers common through advanced configurations, so it's helpful no matter what your level of experience with SAP Explains the conceptual framework behind the configuration process If your company uses the SD module, keep this indispensable guide on hand.
In this book, noted expert Andrew Okungbowa explains SAP Asset Accounting (FI-AA) in SAP-ERP, including its associated business benefits, and guides you through the considerable complexities of SAP-ERP configuration. Using FI-AA for fixed asset management enables you to manage assets in multinational companies across a broad range of industries and produce reports to meet various needs in line with legal requirements. Configuring SAP-ERP can be a daunting exercise, however, and there are few resources that address these issues. Asset Accounting Configuration in SAP ERP fills that resource gap by covering the major aspects of SAP FI-AA for anyone with SAP experience and the basic accounting knowledge and bookkeeping skills necessary to apply configuration. It provides configuration explanations in the simplest forms possible and provides step-by-step guidance with illustrations and practical examples. What You'll Learn “li>In-depth coverage of FI-AA syllabus How to configure FI-AA accounting in SAP How to integrate FI-AA accounting with other SAP modules How to explain the functionalities of SAP FI-AA Knowledge gained from real-world practical examples and case studies Who This Book Is For The key target audience for this book includes SAP consultants, developers, accountants, support organizations and beginners. It is also a resourceful learning manual for universities and institutions whose curricula covers SAP-ERP Asset Accounting.