IMPORTANT STEPS IN FICO

 IMPORTANT STEPS IN BASIC SETTINGS

Following are the steps to follow for completing the Basic Settings in Financials

Step #	Action to be Done	TC
1	Define Company ( In normal terminology-Group)	/NOX15
2	Define Company Code ( in normal terminalogy Company in Group)	/NOX02
3	Assaign Company to Company Code	/NOX16
4	Define Business Area	/NOX03
5	Define Chart of Accounts	OB13
6	Assaign Company Code to Chart of Accounts	OB62
7	Define Account Groups with Number Ranges	OBD4
8	Define Retained Earning Account	OB53
9	Define Fiscal Year Variant with Fiscal Year Conversion	OB29
10	Assaign Company Code to Fiscal Year Variant	OB37
11	Define Posting Period Variant	SPRO
12	Assaign company Code to Posting Period Variant	SPRO
13	Define Open and Close Posting Periods	SPRO
14	Define Document Types and Number Range	OBA7
15	Define Field Status Variant	SPRO
16	Assaign Company Code to Field Status Variant	SPRO
17	Assaign Company Code to Sales Tax Procedure	SPRO
18	Define Tolerance Groups	SPRO
19	Assaign Company Code to Tolerance Groups	SPRO
20	Check the Global Parameters of Company Code and Enter TDS and PAN Numbers	SPRO