Hi V R,
Yes. No need to do any additional configuration.
All steps explained clearly here
Step-by-step FTP to ABAP Proxy - Process Integration - SCN Wiki
If you don't want to configure the connection parameters in the channel, you might have to create an RFC destination of type H on the PI ABAP stack.
In the above shared link, the configuration was at done channel level so got nothing to do on PI ABAP stack 