SAP - FI (Structure)

Question 1

What are the 5 main categories of SAP FI configuration?

Answer 1

1. Enterprise Structure
2. Global Settings
3. G/L Accounting (FI-GL)
4. Controlling (CO)
5. Document & Posting Control

Question 2

What is Enterprise Structure in SAP FI?

Answer 2

It defines legal and organizational units of the company in SAP.

Question 3

Which configurations fall under Enterprise Structure?

Answer 3

1. Create Company
2. Define Company Code
3. Assignment of Company code to Company
4. Define Controlling Area

Question 4

What is the Next Main Configuration after Enterprises Structure?

Answer 4

These are Global Settings configurations

Question 5

What Configurations falls under Global Settings?

Answer 5

1. Defining “Field Status Varient”
2. Defining Field Status Group for field Status Varient
3. Assignment of Field Status Varient to CoCd
4. Make Chart of Accounts
5. Define Account Group
6. Assignment of CoCd to Chart of Accounts [ COA]
7. Define Retained Earning Account
8. Make & Delete GLs
9. Settings for Ledger & Currency Type

arient

Question 6

What is the Next step after Global Settings?

Answer 6

Contolling area Settings

Question 7

What Configurations falls under Controlling Area [CO] Settings?

Answer 7

1. Make a Controlling area & Activate Component Indicators
2. Maintain Controlling area Settings
3. Make a Profit Center
4. Make Cost Center

Question 8

What step comes after “CO area Settings”?

Answer 8

Document & Posting Controlls

Question 9

What steps falls under Document & Posting Controlls?

Answer 9

1. Define Document type
2. Define Document Number Ranges
3. Define Posting Keys
4. Define Tolerance Group
5. Assignment of Tolerance froup to Employees