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

The sub-modules of FI-CO

A module is split into areas. Choose one to see its logic, its transactions and where to learn it.

FI-GLGeneral ledgerFI-APAccounts payableFI-ARAccounts receivableFI-AAFixed assetsFI-BLBankCO-CCACost centersCO-OPAInternal ordersEC-PCAProfit centersCO-PCCostingCO-PAProfitability analysis
FI-GL

General ledger

G/L accounts and statements.

The logic
  1. Posting
  2. Account
  3. Balance sheet
Transactions
FB50FS00FAGLB03
Tables
BKPFBSEGACDOCA
Mini-processes
Closing the month
Read the chapter: The accounting document
FI-AP

Accounts payable

Invoices and payments.

The logic
  1. Invoice
  2. Schedule line
  3. Payment
Transactions
FB60F110FBL1N
Tables
BSIKBSAK
How to
FI-CO · FI-APConfiguring the payment program
Mini-processes
Paying suppliers
Read the chapter: Suppliers: from invoice to bank statement
FI-AR

Accounts receivable

Incoming payments and dunning.

The logic
  1. Invoice
  2. Incoming payment
  3. Dunning
Transactions
FB70F-28F150FBL5N
Tables
BSIDBSAD
Mini-processes
Collecting from a customerDunning a late payment
Read the chapter: Customers: incoming payments, differences and dunning
FI-AA

Fixed assets

Acquisition and depreciation.

The logic
  1. Master record
  2. Acquisition
  3. Depreciation
Transactions
AS01AFAB
Tables
ANLAANEP
Read the chapter: Fixed assets
FI-BL

Bank

Statements and cash.

The logic
  1. Statement
  2. Matching
  3. Balance
Transactions
FF_5
Tables
FEBEP
Mini-processes
Collecting from a customer
Read the chapter: Payments, dunning and bank statements
CO-CCA

Cost centers

Tracking costs by department.

The logic
  1. Plan
  2. Actual
  3. Assessment
Transactions
KS01KSB1KSU5
Tables
CSKSCOEP
How to
FI-CO · CO-CCACreating an assessment cycle
Mini-processes
Allocating costs
Read the chapter: Cost centers and allocations
CO-OPA

Internal orders

One-off projects.

The logic
  1. Order
  2. Budget
  3. Settlement
Transactions
KO01KO88
Tables
AUFK
Read the chapter: Internal orders and their budget
EC-PCA

Profit centers

Result by activity.

The logic
  1. Assignment
  2. Actual
  3. Report
Transactions
KE51KE5Z
Tables
GLPCA
Read the chapter: Configuring controlling
CO-PC

Costing

Standard cost, variances, actual cost.

The logic
  1. Calculation
  2. Marking
  3. Release
  4. Variances
  5. Actual cost
Transactions
CK11NCK40NCK24KKS2CKMLCP
Tables
KEKOKEPHCKMLHD
How to
FI-CO · CO-PCCustomizing a costing variant
Mini-processes
Costing and releasing the standard costClosing production orders
Read the chapter: The cost of a watch (CO-PC)
CO-PA

Profitability analysis

Margins by customer, product, channel.

The logic
  1. Invoice
  2. Variances
  3. Assessment
  4. Margin
Transactions
KE30KE24KE4IKEU5KE28
Tables
CE1SENTACDOCA
Mini-processes
Analyzing a customer’s margin
Read the chapter: Where do we make money? (CO-PA)