1. FI consultant role:
SAP Financial Accounting General Ledger
SAP FI Account Receivable and Account Payable
SAP FI Bank Accounting
SAP FI Assets Accounting
SAP FICO Authorization Matrix
Areas in AR and AP:
Customer Master and Vendor Master
Account Group
Screen Layout for Master Record
Number Range for AP / AR Master
Invoicing (Incoming / outgoing) / Credit Memo
Outgoing payment
Manual Payment
Automatic Payment Program (APP)
Dunning (Aging Analysis)
Incoming Payments
Down payments
FI_SD_MM Integration:
Configuring Automatic entries
Concept of Valuation Class
Concept of Movement Type
Concept of Revenue Account Determination
Concept of Pricing Procedure
AR Invoices and Credit Memos
This Process Definition Document Describes the process of Revenue Accounting directly in FI
.It means booking of Debit/Credit Notes in Accounts without sales order. i.e.Manual booking in
Customer Account.
Scenarios considered for Invoices & Credit Memos (Without SO)
Debit Note (FI Invoice) to Customer against Freight Recovery
Debit Note (FI Invoice) to Customer against Tax less charged in Invoice
Debit Note (FI Invoice) to Customer against Octroi Recovery
Debit Note against any other Miscellaneous Recoveries
Credit Note to Customer against Price Difference
Credit Note to Customer against Tax excess charged in Invoice
Credit Note against non fulfillment of LD Clause
Credit Notes issued to Project Customer against Reimbursement of expenses incurred by them
on our behalf like (Electricity/Water, Fuel etc…)

2. Parallel Accounting:
Creates country-specific financial statements to suit multiple GAAPs
Cutover Activities/Strategies in SAP FI:
Cutover Activities or Master Data Uploading Strategies Depending upon the when we are going
live. As per that, you have to give the information to your core team. If you goling live at the
middle you have to upload the all P&L Account items and B/S Items. If you going live at the
financial year start, you have to only Upload the B/S Items. Activities for Golive:
1. G/L Master Upload Thru BDC or LSMW (TC-Fs00 and extended one co code to another
company code Fs01)
2. Vendor Master Upload Thru BDC Or LSMW (Will be Taken Care By MM)
3. Customer Master Upload Thru BDC or LSMW (Will be Taken Care By SD)
4. Asset Master Upload(Thru As90)
5. Cost Element Master Upload
6. Cost Center Master Upload
7. Profit Center Master Upload
8. G/L Balances Thru F-02
10. Vendor Balances thru F-43
11. Customer Balances thru F-22
12. Customer Advances thru f-29
13. Vendor Advances thryu F-48
****Before uploading Vendor Balances you have to take care of WHT(TDS) Information
Difference between the User Exit & Gap analysis:
User Exist is enhancement in Existing SAP code with the help of ABAPER where as GAP
Analysis is the gap between SAP and business process (Ex:with the help of another software.
We can fill the GAP).