Fica is one of the SAP technical module, which is used in various industry sectors as well as many future projects.

As its name itself shows i.e. FI-CA is subledger accounting that organizations can oversee immense volume of the archives and the master data. As the necessities expanded conditionally enormous exchange and unpredictability of the organizations about accounting process SAP thought of FI-CA to give arrangement as opposed to overseeing in FI-AR. By methods for its ability we can make a huge number of every day transaction and post billions of reports altogether without having execution issue.

Aside from intuition as subledger we utilize it as a module all alone in wide variety of segments, for example, media transmission, protection, public sector and obviously Utilities. With the business modules (BI-INV, SD, CRM and so forth) that is coordinated and sales transactions such as collection, collection cancellation, other clearing forms, and so forth. FICA automates accounting developments and wipes out manual procedures thus it guarantees the budgetary books and 100% consistency.

SAP FICA (Financials & Contract Accounts)

The term FI-CA remains for "Contract accounts receivable & payable". FI-CA contains the scope of capacities required by various ventures or tasks for their records receivable and payable management. Right now, these enterprises incorporate public sector, utilities and broadcast communications organizations. The normal factor among these organizations is a large number of clients, which implies significantly more open things. The quantity of clients in every framework may go into the millions, and the quantity of open things a few times that. Such volumes of information can be prepared by FI-CA in light of the fact that the memory space required for putting away open and cleared things was decreased and basic exercises, for example, posting, paying, dunning and returns handling were accelerated.

The FI-CA reports accommodate the present record assignments from the accompanying application parts:

1. The general record. Here it is the company code, business region, G/L account.

2. The overhead costs Controlling and the Profitability Analysis (CO-PA). Here it is fetched focus, arrange, project, Profit Center, benefit section.

The records refresh FI-CA posting sums which are subdivided by the record assignments named previously. In any case, in light of the fact that the FI-CA reports regularly just vary from each other as to sum, business accomplice and contract account, a vast synopsis impact emerges in the FI-CA posting aggregates. So encounter from IS-U demonstrates that few hundred thousand FI-CA documents item meet on a couple of hundred aggregates records. The FI-CA posting aggregates frame the reason for producing G/L records, by means of which the general record, as well as, by transferring the corresponding Controlling account assignments, the distinctive zones of Controlling are refreshed.

Notwithstanding the record task qualities of G/L accounting and Controlling, the FI-CA posting aggregates can be gathered by an unreservedly quantifiable compromise key.

This compromise key is put away:

• in the FI-CA archive header

• in the FI-CA posting total

• in the document header of the general record report as outer reference

This makes it conceivable to comprehend from which FI-CA reports a general record transfer document has been formed. This is a manner by which, for example, a reconciliation between contract money due and payable and the general record for an entire installment run, billing run or a given heap of FI-CA reports can be executed.

The FI-CA records accommodate the present record assignments from the accompanying application components:

• The general record. Here it is the company code, business region, G/L account.

• The overhead costs Controlling and the Profitability Analysis (CO-PA). Here it is fetched focus, arrange, venture, Profit Center, profitability segment.

FICA Integration

when FI-CA reports are posted, special FI-CA documents, known as sums records, are refreshed. The aggregates records are framed from the individual FI-CA documents if allowed by the record task and posting information. All the standard record assignments can be utilized as a part of the FI-CA line thing, for instance, from:

SAP FI-CA Integration

- G/L accounting (company code, business territory, and G/L account number)

- Profitability investigation (for instance, cost focus, request, and project)

The sums records are dispensed to a client characterized compromise key. You should indicate the reconciliation key in the event that you are posting physically. In mass preparing, the framework makes it consequently and stores it in the report header of the FI-CA document.

Account Determination (AD)

In the event that a document is posted for a client in FI-CA, automatic account determination decides the reconciliation account, the related balancing record, and at least one expense records, and enters them in the report. These records compare to the G/L records to be posted in the general record.

Automatic account determination process:

A. It is altogether in view of Main transaction & Sub transaction mapping.

B. Reconciliation account is mapped with principle transactions. This integration depends on AD ID which we delineate Contract Account level. So to decide legitimate recon account we have to delineate:

1. AD ID keep up at CA level.

2. This AD ID and recon account mapping require with main transaction.

3. Characterize AD ID depends on business prerequisite. Regularly it depends on district or kind of client.

4. Case of mapping:

5. DECC – 01 – 240100 (Main trans – AD ID – recon acc)

6. Descriptive: Disconnection Charge – Rural Domestic – Sundry borrowers acc for provincial household.

7. Here recon accounts are predominantly of sundry debtors' records and security store liabilities account.

B. Balancing accounts are mapped with sub transactions.

1. Sub transactions are characterized with every primary transactions according to business prerequisite.

2. Case:

3. DECC – 0010 – 400010 (Main exchange – sub exchange – balancing acc(Rev/exp))

C. All posting for client in FICA take after account determination practice only. It is possible that we post through SD charging mode or ISU charging invoicing mode or FICA archives itself.

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