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SAP FSCM Course Introduction

SAP FSCM Training is about SAP Financial Supply Chain Management, between two or more business partners & which optimizes the fiscal & info flows within an organization. In FSCM Different Modules are there .

Credit Management

It's different from traditional SAP credit management because it aims to become a central function in a distributed environment. The old system used SD and FI on the same R/3 system. FSCM Credit Management brings in CRM systems, external logistics systems (both distributed SD and non-SAP systems), and can present the results through a BI system and a Portal.

Dispute Management

This module aims to reduce the time spent handling disputes between companies and their customers. Often, a credit control clerk can spend 50% of their time dealing with these cases. It also aims to speed up the time to collect the cash from the customer.

Collections Management

The Collections Management module allows organisations to manage individual AR accounts, in cases where bulk dunning will not be effective. It's an efficiency tool for AR clerks, and aims to create prioritied work-lists of key customer accounts for action.

SAP FSCM Training Course Content

  • Enterprise Structure
  • Organizational Structure
  • Creation of company code, segment, profit center
  • Assignments of organizational Units
  • Business Partner creation and Role of Business Partner
  • Authorizations for transactions to Business Partner
  • Basic settings for Financial
  • Creation of Fiscal year, Posting Period,field status Variant and field status group,document Types and Number Ranges,Tolerance groups,tax procedure
  • Creation of Chart of accounts
  • Assignment of Chart of accounts to company code
  • Accounts groups and screen layout
  • Define Retained earnings account
  • Creation of general Ledger master records
  • Posting of Transaction in general ledger accounting
  • Account payable
  • Basic settings fo Accounts payable
  • Create Number Ranges
  • Assign No ranges to Vendor Account Groups
  • Creation of BANK Accounts
  • Creation of House banks
  • Creation of Check Number Ranges
  • Creation of vendor master
  • Posting of purchase invoice
  • Accounts Receivable
  • Basic Settings for Accounts Receivable
  • Define Account groups with screen layout
  • Create Number ranges for customer accounts
  • Assign no ranges to customer account groups
  • Creation of customer master
  • Posting of sales invoice
  • Cash Management and Liquidity Forecast
  • Introduction to cash Management
  • Introduction to Liquidity Forecast
  • Activate cash management in company code
  • Define Default value date
  • Define Source Symbols
  • Define Planning Levels
  • Define Planning groups
  • Define cash management account name
  • Define groupings and maintain Header
  • Maintain structure
  • Fund based limits Customization
  • Non -fund based limits customization
  • Creation of Memo records
  • Posting of transactions in FI
  • To check cash and bank balances position
  • To check liquidity forecast
  • To check fund based limits sanction ,Utilization and Availability
  • To check non- fund based limits sanction ,Utilization and Availability
  • Treasury and Risk Management
  • Introduction to Treasury and Risk Management
  • Basic settings
  • Company code and required settings till G/L account creation
  • Define Company code additional data
  • Define Portfolio (Money Market, Foreign exchange ,Derivative and securities)
  • Define Traders
  • Assign factory calendar
  • Define valuation areas
  • Define Accounting Codes
  • Assign accounting codes and valuation Areas
  • Define and Assign Valuation classes
  • Define and assign Differentiation
  • Define Account Determination
  • Define Leading currency
  • Authorization management
  • Define Authorization Group for Transactions
  • Assign consumption Sequence procedure
  • Set the effects of the update types on the components
  • Define Amortization procedure
  • Define one – step Price valuation procedure
  • Define Security valuation Procedure
  • Define Price valuation procedure for forward Exchange Transactions
  • Define Position management Procedure
  • Assign Position Management Procedure
  • Control of Processing of Derived Business Transactions
  • Assign update types for account assignment reference Transfer
  • Define Account Assignment Reference
  • Define Account Assignment Reference Determination ( OTC Transactions)
  • Define Update Types and Assign Usages
  • Indicate Update Types as Relevant to Posting
  • Define Account Determination
  • Link to Cash Management
  • Money Market
  • Introduction to Money Markets
  • Define Product Types i.e, Fixed Deposits, Deposits at Notice, Commercial paper, Interest Rate Instruments, Fixed and variable and facilities
  • Define Number Ranges for Transaction types
  • Define Transaction types
  • Define Flow Types
  • Assign Flow type to Transaction Type
  • Define Calculation Procedure for Derived flows
  • Define Update types and Assign Usages
  • Assign Flow Type to update types
  • Define correspondence Types
  • Define Correspondence Activities
  • Define Generation of sub ledger position Indicator
  • Assign General Valuation Class
  • Define master Agreements
  • End User
  • Trading
  • Back office
  • Accounting
  • Master data
  • Reverse of Financial instrument
  • Reverse Settlement of Financial Instrument Transaction
  • Reverse Posting of financial Instrument Position
  • Reverse Posting of Profit & loss Account
  • Reverse Accrual
  • Reverse key date valuation
  • Reporting
  • Foreign Exchange
  • Introduction to Foreign Exchange in Treasury
  • Define Product Types – spot Transactions/ Forward Transactions and Forex Swap Transactions
  • Define Transaction Types
  • Assign Forex attributes
  • Define Number Ranges for Transaction Types
  • Define Flow Types
  • Assign Flow types to Transaction types
  • Define Calculation procedure for Derived flows
  • Define Update types and Assign usages
  • Assign Flow types to update types
  • Assign Update types for position update
  • Assign General Valuation class
  • END USER:
  • Trading
  • Back Office
  • Accounting
  • Master data
  • Revaluation of Forward cover for unrealized gains/losses in the month end
  • Revaluation of forward cover for Realized Gains/losses at the time of payment
  • Reporting
  • SECURITIES
  • Introduction to securities
  • Define Currency units
  • Define Exchange
  • Define Security Price Types
  • Define Number Ranges for Security Classes
  • Define Product types- Stocks, Warrants and Bonds
  • Define Company code Dependent settings for the product type
  • Assign flow type to Transaction Type

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