Title here
Summary here
SAP FI Master Data: Overview, Hierarchy & Relationships
TL;DR
- SAP FI requires three core master data objects (Company Code, Chart of Accounts, G/L Account); all others — Customer Master, Vendor Master, Asset Master, House Bank — are optional depending on the scope of Financial Accounting in use.
- Setup follows a strict dependency order across six phases: Organization Management → Chart of Accounts → Tax & Payment Terms → Business Partner → Bank → Asset Management.
- This article provides the structural map; field-level configuration details for each object are covered in FI-A02 through FI-A06.
1) Master Data Setup Flow
2) Hierarchy Structure
3) ER Diagram
4) Master Process
| Phase | Object | Integration | Prerequisite | Tr-Cd | Description | Role |
|---|---|---|---|---|---|---|
| 1 Organization Management | Company Code | CO | - | OBY6 | Smallest unit for legally independent financial statement preparation; configure currency and country | FI Administrator |
| 2 Chart of Accounts Management | Chart of Accounts | - | - | OB13 | Define the account structure; can be shared across multiple company codes | FI Administrator |
| G/L Account | CO | Chart of Accounts, Company Code | FS00 | Define general ledger accounts; configure account type and reconciliation account | FI Administrator | |
| 3 Tax & Payment Terms Management | Payment Terms | MM/SD | - | OBB8 | Define payment due date calculation conditions; configure cash discount settings | FI Administrator |
| Tax Code | MM/SD | - | FTXP | Define tax calculation conditions; configure tax type and tax rate | FI Administrator | |
| 4 Business Partner Management | Customer Master | SD | Company Code | XD01 | Register customer basic information; configure account group and reconciliation account | FI Administrator |
| Vendor Master | MM | Company Code | XK01 | Register vendor basic information; configure account group and reconciliation account | FI Administrator | |
| 5 Bank Management | Bank Master | - | - | FI01 | Register bank basic information; configure bank key and SWIFT code | FI Administrator |
| House Bank | - | Bank Master, Company Code | FI12 | Define the company’s banking relationship; configure bank account and G/L account | FI Administrator | |
| 6 Asset Management | Asset Class | - | Chart of Accounts | OAOA | Define fixed asset classification; configure number range and account assignment | FI-AA Administrator |
| Depreciation Key | - | - | AFAMS | Define depreciation calculation method; configure useful life and depreciation start rules | FI-AA Administrator | |
| Asset Master | - | Asset Class, Company Code | AS01 | Register fixed asset basic information; configure asset class and cost center | FI-AA Administrator |
What to Read Next
L1) Big Picture
| ID | Category | Title |
|---|---|---|
| fi-001 | Overview | What is SAP FI? |
L2-A) Master Data
| ID | Category | Title |
|---|---|---|
| fi-a01 | Overview | SAP FI Master Data: Overview, Hierarchy & Relationships 📍 |
| fi-a02-01 | Master Data | SAP FI Material Master |
| fi-a03-01 | Master Data | SAP FI Chart of Accounts |
| fi-a03-02 | Master Data | SAP FI G/L Account |
| fi-a04-01 | Master Data | SAP FI Payment Terms |
| fi-a04-02 | Master Data | SAP FI Tax Code |
| fi-a06-01 | Master Data | SAP FI Bank Master |
| fi-a06-02 | Master Data | SAP FI House Bank |
| fi-a07-01 | Master Data | SAP FI Asset Class |
| fi-a07-02 | Master Data | SAP FI Depreciation Key |
| fi-a07-03 | Master Data | SAP FI Asset Master |
L2-B) Transaction
| ID | Category | Title |
|---|---|---|
| fi-b01 | Overview | SAP FI Transactions: Process Flow, Hierarchy & Relationships |