FI Configurations Part 1

1. Define Company

2. Define Company Code

By Dev Page 1
 FI Configurations Part 1

3. Assign Company Code to Company

4. Define Business Area

5. Define Chart of Accounts

6. Assign Company code to chart of accounts

7. Define Accounts group

By Dev Page 2
 FI Configurations Part 1

We use account groups to combine accounts according to some criteria (for example, a P&L
account group, asset account group and material account group).

Chart of Acc Acc

accounts Group Name From Acc To
Liabilities
DBSC DSCL share capital 500000 500100
reserve and
DBSC DRSL surplus 500101 500200
DBSC DPRL depreciation 500201 500300
DBSC DLOL loans 500301 500400
DBSC DCLL current liabilities 500401 500500
DBSC DDIL dividend 500501 500600
DBSC DACL accrual 500601 500700
DBSC DPVL provisions 500701 500800
DBSC DOLL other liabilities 500801 500900
DBSC DSDL sundry creditors 500901 600000
Assets
DBSC DFAA fixed assets 600001 600100
DBSC DINA investments 600101 600200
DBSC DITA inventories 600201 600300
DBSC DSDA sundry debtors 600301 600400
DBSC DAAA cash 600401 600500
DBSC DADA advances 600501 600600
DBSC DOAA other assets 600601 600700
Incomes
DBSC DSAI sales 700000 700500
DBSC DOII other incomes 700500 799999
Expenses
DBSC DRME Raw Material 800000 800100
DBSC DPRE Personnel 800101 800200
DBSC DADE Administrative 800201 800300
Sales&
DBSC DSDE Distribution 800301 800400
DBSC DDPE depreciation 800401 800500
DBSC DOEE Other Expenses 800501 800600

By Dev Page 3
 FI Configurations Part 1

8. Define retained earnings account

At the end of a fiscal year, the system carries forward the balance of the P&L account to the
retained earnings account. It is part of reserves and surplus.

9. Define Fiscal Year Variant

By Dev Page 4
 FI Configurations Part 1

10. Assign company code to fiscal year variant

11. Define Posting period variant

12. Assign posting period variant to company code

By Dev Page 5
 FI Configurations Part 1

13. Open /Close posting periods OB52

14. Define field status variant

Copy standard variant 0001

By Dev Page 6
 FI Configurations Part 1

By Dev Page 7
 FI Configurations Part 1

15. Assign Company code to field status variant

16. Define document types and number ranges

By Dev Page 8
 FI Configurations Part 1

17. Define tolerance group for employees

By Dev Page 9
 FI Configurations Part 1

18. Define Tax procedures

19. Assign country to tax procedures

By Dev Page 10
 FI Configurations Part 1

20. Define Global parameters

END USER PROCESS EASY ACCESS

Now create the GLs 500101, 600601,800201

By Dev Page 11
 FI Configurations Part 1

By Dev Page 12
 FI Configurations Part 1

By Dev Page 13
 FI Configurations Part 1

By Dev Page 14
 FI Configurations Part 1

Transaction Admin Expense Debit to Bank Account Credit

By Dev Page 15
 FI Configurations Part 1

Create Reconciliation ledgers

Customer Reconciliation Account 500901

By Dev Page 16
 FI Configurations Part 1

By Dev Page 17
 FI Configurations Part 1

Vendor Recon Account 600301

By Dev Page 18
 FI Configurations Part 1

By Dev Page 19
 FI Configurations Part 1

By Dev Page 20