FI Basic Settings | SAP FICO Tutorial

SAP FI BASIC SETTINGS or ENTERPRISE STRUCTURE

Organization structure:                                                                       

    SAP                                   
    ----------
    |              |
Group        Company
|                   |
Company    Company code
|                   |
Units           Businesses Area
Creation of Project:  Group  --> Companies ?Units
In SAP – Group is called as company
Company is called as company code
Unit is called as Business area
                                     ARAVIND GROUP(AVG)
                                            |
    ----------------------------------------------------------------------------------
    |                                              |                                                     |
Aravind Mills Ltd(AML)     Aravind Steels Ltd(ASL)    Aravind Industries ltd(AIL)   
|                           |                    |                           |               |                              |
HYD                BGL               HYD                    BGL        HYD                       BGL
FI consultant will do customization at company code level -company or group is only for information.             We do customization for Aravind Mills Ltd after words we copy customization including accounts to other company codes in one step and make modifications where ever required.                                       

=> DEFINE COMPANY
=> DEFINE COMPANY CODE   
=> ASSIGN COMPANY CODE TO COMPNAY     

=> Define Business Areas
=> CHART OF ACCOUNTS

=> ASSIGN COMPANY CODE TO CHART OF ACCOUNTS        
 => Define Accounts groups   
 => Define Retained earnings accounts 
=> Define Fiscal year variant
=> Assign  company code to a Fiscal year variant    
=> Define variants for open posting periods 
=> Assign posting period variant to company code
=> Define open and closed posting periods for variant
=> Document type and no. ranges
=> Field status variant and field status groups
=> Assign company code to field status variant
=> Assign country to calculation procedure 
=> TOLERANCE GROUPS
 => ENTER GLOBAL PARAMETERS