Business Process Manual for FICO Master Creation
This document is a desk reference tailored to the Finance Specialists. It is intended to provide information that will be helpful to support the finance processes. All rights reserved. Passing on and copying of this document, use and communication of its contents not permitted without written authorization
Introduction:
The purpose of this document is to give awareness of the complete process as how to create the FICO Master Data to the respective Finance users.
Prerequisite:
Before creation of any GL Master, the company code and the respective Account Groups to be present in the system.
Contents
| 1. Creation of General Ledger | ||||||||
| 2. Changing the General Ledger Master | ||||||||
| 3. Display of General Ledger | ||||||||
| 4. Block or Delete a G/L Account | ||||||||
| 5. Creation of GL Master under Chart of Account | ||||||||
| 6. Creation of Bank Master | ||||||||
| 7. Change Bank Master | ||||||||
| 8. Display Bank Master | ||||||||
| 9. Create an Asset | ||||||||
| 10. Change of an Asset Master | ||||||||
| 11. Display an Asset | ||||||||
| 12. Create Fund Center | ||||||||
| 13. Change Fund Center | ||||||||
| 14. Display Fund Center | ||||||||
| 15. Create Commitment Item: | ||||||||
| 16. Change Commitment Item | ||||||||
| 17. Display Commitment Item: | ||||||||
| 18. Create Cost Center | ||||||||
| 19. Change Cost Center | ||||||||
| 20. Display Cost Center | ||||||||
21. Create Cost Center Group
|
1.Creation of General Ledger
Enter Transaction code FS00 in command bar click execute (or) Follow the below navigation path
Step 1: Go to transaction FS00 (or) through navigation path (SAP Easy Access Menu à SAP Menu -> Accounting -> Financial Accounting -> General Ledger --> Master Records -> G/L Accounts -> Individual Processing -> Centrally .
You will get the below screen. Enter the new G/L Account for creation and then click on Create.
You will get the below screen. Enter the new G/L Account for creation and then click on Create.
Step 1: In the below screen enter the following details: Select: G/L Account Type
Select: Account Group
Enter the Short Text and G/L Account Long. Text
Step 2: Then go to next tab “Control Data”.
Select Recon. Account for Account Type and Sort Key as mentioned below.
Open item management to be ticked if you need an offsetting posting for a given business transaction. Example to use open item management for bank clearing accounts, clearing accounts for goods receipt/invoice receipt, and salary clearing accounts.
Sort Keys are used to populate the Assignment number field in the line items of customers or vendors or general ledgers.
Step 3: Click on the next tab “Create/Bank/Interest”
In the Field Status Group, select the required “Field status group”.
Field status group is to control which fields are required for entry and which fields are set to optional and suppress. The field status groups are available under field status variant and it will be maintained at Company code level.
Step 4: Click Save and then you will receive a message that the new G/L is created.
2.Changing the General Ledger Master
Enter Transaction code FS02 in command bar click execute (or) Follow the below navigation path.
Step 1: Go to transaction FS02 (or) through navigation path (SAP Easy Access Menu ->SAP Menu à Accounting -> Financial Accounting -> General Ledger -> Master Records->G/L Accounts -> Individual Processing -> Centrally
