SAP FICO INTRODUCTION http://studynest.org
[email protected] +61413159465 (Australia) © MNM
About the trainer • Certified SAP Consultant with 10 years of SAP experience • Completed 4 end-to-end, 3 global rollouts and 8 continuous business improvement projects • Worked with top-tier consulting firms such as Accenture, IBM, Fujitsu, UXC Oxygen. • B.IT (Hons) Information Systems Engineering • MBA (majoring in Finance) • Certified Project Management Professional (PMP) © MNM
About SAP SAP is a German multinational software company known for making enterprise software to manage business operations. SAP stands for Systems, Applications and Products for Data Processing. SAP started in 1972 with five ex-IBM employees, as a small software company in with just one customer. Now the company has over 291,000 customers in over 190 countries and more than 70,000 employees. It is the most valued company in the German Stock Exchange having overtaken industry heavyweights such as Volkswagen and Siemens.
© MNM
What is SAP R/3, SAP ERP The SAP R/3 System has a three-tier client/server architecture. R – Real Time Data Processing and 3 for the three-tier structure. It is the old name given to the SAP’s ERP architecture. The new name is simply called SAP ERP.
SAP ERP Applicatio Presentati Database n Layer on Layer Layer
© MNM
SAP ERP Modules FI – Financial ing CO – Controlling (Management ing) MM – Materials Management SD – Sales and Distribution PS – Project Systems HR – Human Resources
© MNM
H R Popular Modules
PS
C O F I
M M
S D
What is SAP FI? FI – Financial ing – Manages the financial transactions of the organization. Financial transactions are recorded in the Balance Sheet and Income Statement (P&L) Hence, the subcomponents of this module is aligned with the Balance Sheet and Income Statement.
General Ledger (GL)
s Payable (AP) s Receivable (AR) Asset ing (AA) Banking Ledger (BL)
© MNM
What is SAP CO? The CO module s the process of planning, reporting and monitoring the operations of the businesses. It involves around managing the costs and looks toward increasing profitability.
Cost Cost Elements Cost Cost Centers Profit Profit Centers Internal Internal Orders Profitability Profitability Analysis Product Product Costing
© MNM
Prerequisite to learn SAP FICO • Basic
knowledge of ing principles
• Debits / Credits • Balance Sheet • Income Statement • Basics business terminologies : Vendor, Customer, Inventory, Revenue, Expenses, Cost Center, Profit, Assets, etc.
© MNM
Scope of SAP FICO • Business Path • as an end- in an organization in their Corporate Finance or any other Finance related departments • Coca Cola, Pepsi, Unilever, Reliance, BHP, Shell, etc. • Consulting Path • a consulting firm and develop a career towards becoming an SAP Consultant • Accenture, IBM, Capgemini, Infosys, TCS, Deloitte, etc. Pursuing the SAP Certification gives you accreditation, recognition and knowledge
© MNM
Role of a SAP FICO Consultant Business Blueprint • Initial Project Planning • Project Procedures and Processes • Project Team & their Training • Project Kickof
Project Preparation
ASAP methodology
• Analyse As-Is and To-Be Processes • Org Structure Definition • Gap Analysis • Create Blueprint Documents • Functional Specs
• Baseline Configuration • Unit Testing • Integration Testing
Realization
Final Preparation • Stress and Volume Tests • Acceptance Testing • Training • Data Migration • Cutover Strategies
• Critical Go-Live • Continuous business improvement
Go-Live and
© MNM Resources