AKNETIQ AcademyA common thread: the fictitious company SENTINEL SA
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FI-CO
MODULE FI-CO

Finance and Controlling

FI produces the statutory accounts: general ledger, business partners, banks, fixed assets, balance sheet, VAT. CO produces management accounting: where costs arise, what they are used for, what each product or customer earns. In S/4HANA, the two come together in a single table, the Universal Journal ACDOCA.

Audience
Accountants, controllers, treasurers, key users, FI / CO consultants, logistics consultants who need to master the integration.
Prerequisites
Level 1: none (a debit / credit refresher is included). Levels 2 and 3: basics of financial and cost accounting.
Duration
6 days (1 + 3 + 2)
42 h · day-by-day schedule
🔒 Members only

Finance fundamentals in SAP

This level is part of a higher offer.

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Chapters in this level

  1. FI and CO: two views of the same figures · Accounting says what the company owns and owes; controlling says where and why it spends.
  2. Refresher: debit, credit and T-accounts · Five minutes so you never hesitate again.
  3. The financial structure · Who keeps the accounts, with which accounts, for what kind of management?
  4. G/L accounts, reconciliation accounts and subledgers · Why the general ledger does not contain one account per supplier.
  5. The supplier and customer cycles · Two loops that always end with clearing.
  6. Controlling in simple words · Where costs arise, and what to charge them to.
  7. First screen: posting an entry · FB50, the simplified G/L entry.
Next level
Intermediate — Financial processes in practice
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