Here are the topics that you should know for SAP FICO Topic Areas 1. Financial accounting master data (++) Chart of accounts G/L accounts Reconciliation accounts Account groups Customer and vendor accounts Bank accounts and bank keys 2. Document and posting control (++) Document types and number ranges Posting keys and field status groups Posting periods Posting authorizations Default values Document changes, change controls Tolerance groups and payment differences Cross-company-code processes Document reversal Incoming and outgoing payments Cash discounts and terms of payment Taxes Clearing (manual and automatic) Payment differences Foreign currency and exchange rate differences Cash journal 3. Payment program, dunning program, correspondence, interest calculation (+) Payment program configuration Payment run Creating payment media Dunning program configuration Dunning run and printing of dunning notices Correspondence configuration Creating correspondence Interest calculation configuration Interest calculation run 4. Closing operations in financial accounting (+) Month and year-end closing Financial statement versions and reporting Receivables and payables Profit and loss Technical, organizational, and documentation steps 5. Special G/L transactions and document parking (+) Special G/L transactions for down payments and guarantees of payment Special G/L classes and types Customizing for different special G/L transactions “Park documents” vs. “Hold documents” Basic document parking Processing parked documents 6. Asset accounting (++) Organizational structure Master data Asset transactions (such as asset acquisition, fixed asset retirement, and asset transfer) Periodic asset accounting processing Using the information system 7. The new general ledger (+)* Capitalization and the idea behind the new G/L New FI characteristics Scenarios and scenario allocation Document splitting Real-time integration of CO and FI New FI standard drilldown reports 8. Analysis methods in reporting (+) Customer and vendor information systems Drilldown reporting in Financial Accounting SAP List Viewer Info System and ABAP reports of general ledger accounting, accounts receivable accounting, and accounts payable accounting 9. Parallel accounting (+) Basic mapping for parallel accounting in the SAP system using the classic general ledger Handling of evaluation differences in Financial Accounting: 1. Fixed assets: Purchased fixed assets Self-constructed fixed asset 2. Current assets Overdue recievables Open foreign currency items 3. Deferrals of depreciation Mapping international reporting requirements: 1. Profit and loss statements by the cost of sales accounting method 2. Statement of cash flows 3. Segment reporting 4. Worksheet showing changes in provisions 10. SAP Solution Manager (+) Overview of SAP Solution Manager 11. Implementation experience (case study or project)** (+) Establishing enterprise structures (organizational units within mySAP Business Suite) Integration and dependencies Topic Areas 1. Cost center and profit center accounting (++) Organizational units Master data cost elements, cost centers, activity types, and statistical key figures Functions for multiple sets of master data Entering primary postings Account assignment tools Adjustment entries Direct activity allocation Accrual Periodic reposting Cost allocation Introduction to management accounting planning Cost center planning methods Integrated planning cycle Profit center master data Profit center allocation 2. Overhead cost orders (++) Real and statistical orders Master data maintenance Status management for overhead cost orders Transaction-based posting from inside and outside Management Accounting Commitments management Rates for overhead cost orders Billing for overhead cost orders Automatic creation of settlement rules, hierarchical settlement, alternative settlement periods Budgeting and availability control 3. Material cost estimate without quantity structure (+) Fields relevant to material master cost estimates Single-level unit costing Multi-level unit costing Base object and simulation costing 4. Material cost estimate with quantity structure (++) Costing variants Cost component split Overhead costing structure Bills of material Task list Finding bills of material and task lists Price update Creating a costing run Analysis and error handling 5. Advanced cost estimate functions (+) Transfer control Group costing Additive cost Joint product cost estimates Easy cost planning 6. Cost object controlling: make-to-stock manufacturing with periodic controlling (+) Product cost collector Separation scenarios Preliminary costing of cost objects Simultaneous costing of cost objects Period-end closing with periodic controlling 7. Cost object controlling: make-to-stock manufacturing with order controlling (++) Cost objects with order view Preliminary costing of cost objects Simultaneous costing Period-end closing with order controlling 8. Cost object controlling: sales-order-related production (++) Sales orders as cost objects Preliminary costing of sales orders Simultaneous costing of sales orders Delivery and billing Period-end closing for product cost by sales order 9. Cost object controlling: Engineer-to-order customer projects (+) Customer projects as cost objects Preliminary costing of customer projects Simultaneous costing Billing Period-end closing for customer projects 10. Profitability analysis (++) Structures of Profitability Analysis Characteristics and value fields Transaction data tables Characteristic derivation Valuation Billing data transfer Assessment of cost center costs Order settlement Allocating activities to cost centers Direct assignment from FI 11. Reporting in management accounting (+) ALV reports Report Painter reports Drilldown reporting in CO-PA SAP BW reporting