Step 1	Define Company
IMG	Enterprise Structure-Definition-Financial Accounting-Define company

Step 2	Define Company Code
IMG	Enterprise Structure-Definition-Financial Accounting-Edit, Copy, Delete, Check Company Code

Step 3	Assign Company Code to Company
IMG	Enterprise Structure-Assignment-Financial Accounting-Assign company code to company

Step 4	Define Credit Control Area
IMG	Enterprise Structure-Definition-Financial Accounting-Define Credit Control Area

Step 5	Assign Company Code to Credit Control Area
IMG	Enterprise Structure-Assignment-Financial Accounting-Assign company code to credit control area

Step 6	Define Business Area
IMG	Enterprise Structure-Definition-Financial Accounting-Define Business Area

Step 7	Maintain consolidation business area
IMG	Enterprise Structure-Definition-Financial Accounting-Maintain consolidation business area

Step 8	Assign business area to consolidation business area
IMG	Enterprise Structure-Assignment-Financial Accounting-Assign business area to consolidation business area

Step 9	Define Functional Area
TCODE	FM_FUNCTION

Step 10	Maintain FM Area
IMG	Enterprise Structure-Definition-Financial Accounting-Maintain FM Area

Step 11	Assign company code to financial management area
IMG	Enterprise Structure-Assignment-Financial Accounting-Assign company code to financial management area

Step 12	Fiscal Year Variant
IMG	Financial Accounting – Financial Accounting Global Settings -Ledgers-Fiscal Year and Posting Periods-Maintain Fiscal Year Variant

Step 13	Assign Company Code to Fiscal Year Variant
IMG	Financial Accounting – Financial Accounting Global Settings -Ledgers-Fiscal Year and Posting Periods-Assign Company Code to a Fiscal Year Variant

Step 14	Chart of Accounts
IMG	Financial Accounting -General Ledger Accounting -Master Data-G/L Accounts-Preparations-Edit Chart of Accounts List
S/4 CHANGE	CO Integration field removed

S/4

ECC

Step 15	Assign Company Code to Chart of Accounts
IMG	Financial Accounting -General Ledger Accounting -Master Data-G/L Accounts-Preparations-Assign Company Code to Chart of Accounts

Step 16	Define Account Group
IMG	Financial Accounting -General Ledger Accounting -Master Data-G/L Accounts-Preparations-Define Account Group

Step 16.1.	Account Group Field Status (Optional, Required, Surprises)
IMG	Financial Accounting -General Ledger Accounting -Master Data-G/L Accounts-Preparations-Define Account Group

Step 17	Define Retained Earnings Account
IMG	Financial Accounting -General Ledger Accounting -Master Data-G/L Accounts-Preparations-Define Retained Earnings Account X – PROFIT & LOSS ACCOUNT (Gross Profit) Y- PROFIT & LOSS APPROPRIATION ACCOUNT (Cost of Sales A/C)

Step 19	Define Posting Period Variant
IMG	Financial Accounting -Financial Accounting Global Settings-Ledgers-Fiscal Year and Posting Periods-Posting Periods-Define Variants for Open Posting Periods

Step 20	Assign Variants to Company Code
IMG	Financial Accounting -Financial Accounting Global Settings-Ledgers-Fiscal Year and Posting Periods-Posting Periods-Assign Variants to Company Code

Step 21	Open and Close Posting Periods
IMG	Financial Accounting -Financial Accounting Global Settings-Ledgers-Fiscal Year and Posting Periods-Posting Periods-Open and Close Posting Periods

Step 22	Maintain Number range for Document Type
IMG	Financial Accounting -Financial Accounting Global Settings -Document-Document Types-Define Document Types

Stepp 24	Define Field Status Variant/Group/Field Status(Suppress, Req.Entry, Opt. Entry)
IMG	Financial Accounting -Financial Accounting Global Settings-Ledgers-Fields-Define Field Status Variants

Step 24.1

Assign Company Code to Field Status Variants

Step 25	Define Tolerance Group for Company Code
IMG	Financial Accounting -General Ledger Accounting-Business Transactions-Open Item Clearing-Clearing Differences- Define Tolerance Groups for G/L Accounts Define Tolerance Groups for Employee

Step 25.1

Define Tolerance Group for Employees

Step 25.2.

Assign Users to Tolerance Groups

Step 26	Enter Global Parameters
IMG	Financial Accounting-Financial Accounting Global Settings -Global Parameters for Company Code-Enter Global Parameters

Step 27	Define Document Splitting (Activate/Deactivate)
SM30	V_FAGL_SPLIT_ACT

Step 28	Assign Country to Calculation procedure
IMG	Financial Accounting-Financial Accounting Global Settings-Tax on Sales/Purchases-Basic Settings-Assign Country to Calculation Procedure

Step 29	Maintain Controlling Area
IMG	Controlling-General Controlling-Organization-Maintain Controlling Area

Step 29.1	Assign Company Code to Controlling Area
IMG	Controlling-General Controlling-Organization-Maintain Controlling Area

Step 29.2	Activate components/control indicators
IMG	Controlling-General Controlling-Organization-Maintain Controlling Area

Step 30	Maintain Number Ranges for Controlling Documents
IMG	Controlling-General Controlling-Organization-Maintain Number Ranges for Controlling Documents

Step 31	Maintain Versions
IMG	Controlling-General Controlling-Organization-Maintain Versions Extras-Set Controlling Area->Version (0)->

Step 32	Classify G/L Accounts for Document Splitting
IMG	Financial Accounting-General Ledger Accounting-Business Transactions-Document Splitting-Classify G/L Accounts for Document Splitting

OB41	Posting Key Field Status Group (Optional step)

Step 33	Define Document Splitting Characteristics for General Ledger Accounting
IMG	Financial Accounting-General Ledger Accounting-Business Transactions-Document Splitting-Define Document Splitting Characteristics for General Ledger Accounting

Step 34	Define Settings for Ledgers and Currency Types
IMG	Financial Accounting-Financial Accounting Global Settings-Ledgers-Define Settings for Ledgers and Currency Types

Step 35	Define Ledger for CO Version
IMG	Financial Accounting-Ledgers-Integration of Controlling with Financial Accounting-Define Ledger for CO Version

Step 36	Check and Define Default Values for Postings in Controlling
IMG	Financial Accounting-Ledgers-Integration of Controlling with Financial Accounting-Check and Define Default Values for Postings in Controlling