SAP FICO training
Features Includes:
- 60 lectures
- 80 Hours
- Job oriented Training with Realtime trainer
- SAP Cerified Consultant as Trainer
- Placement Assistance
What is SAP FICO?
SAP FICO (Financial Accounting and Controlling) is a module of the SAP ERP system that helps businesses manage their financial operations. It is designed to handle accounting and financial transactions, including general ledger accounting, accounts payable, accounts receivable, and financial reporting.
Benefits of SAP FICO
- Procurement: Improved data accuracy:– SAP FICO streamlines financial processes, reducing the risk of manual errors and improving data accuracy.
- Better decision-making:– With real-time access to financial information, business leaders can make informed decisions based on accurate and up-to-date data.
- Increased efficiency:– SAP FICO automates financial processes, reducing manual effort and increasing efficiency.
- Better financial visibility:– SAP FICO provides a centralized view of all financial data, enabling business leaders to gain insights into their financial performance and make data-driven decisions.
- Enhanced reporting capabilities:– SAP FICO provides a range of financial reporting options, allowing businesses to meet their reporting requirements and gain insights into their financial performance.
Key Features of SAP FICO
SAP FICO is an essential tool for businesses looking to improve their financial operations. With its ability to streamline financial processes, reduce manual errors, and provide real-time access to financial information, SAP FICO helps businesses make informed decisions and improve their financial performance. Whether you're a small business or a large enterprise, SAP FICO can help you achieve your financial goals and improve your bottom line.
Course Eligibility Criteria
- SAP Overview
- Introduction to ESP and SAP
- Evaluation of SAP
- SAP GUI overview
- SAP key buttons introduction
- Projects overview
- Implementation project
- Roll out
- Enhancement
- Migration
- Implementation project overview
- Configuring Enterprise structure
- Definition
- Define company
- Define Credit Control Area
- Edit, Copy, Delete, Check Company Code
- Assignment
- Assign company code to company
- Assign company code to credit control area
- Financial Accounting configuration
- Financial Accounting Global Settings
- Define Field Status Variants
- Assign Company Code to Field Status Variants
- Define Settings for Ledgers and Currency Types
- Deactivate a Ledger for a Company Code
- Define Ledger Group
- Fiscal Year and Posting Periods
- Maintain Fiscal Year Variant (Maintain Shortened Fisc. Year)
- Assign Company Code to a Fiscal Year Variant
- Posting Periods
- Define Variants for Open Posting Periods
- Assign Variants to Company Code
- Open and Close Posting Periods
- Global Parameters for Company Code
- Enter Global Parameters
- Set Company Code to Productive
- Document Types
- Document Number Ranges
- Define Posting Keys
- Tolerance Groups
- Chart of Accounts List
- Operational COA
- Country COA
- Group COA
- Assign Company Code to Chart of Accounts
- Define Retained Earnings Account
- Additional Activities
- GL Master data creation
- Create centrally
- Company code wise
- COA wise
- GL Postings
- Expenses posting by using single and multiscreen
- Reports overview
- GL clearing
- Accounts Payable and Account receivable configuration
- Business Partner customization
- Tolerance group maintenance
- Number range maintenance
- AP and AR Master data creation
- BP creation
- AP and AR postings
- Vendor invoice posting and customer invoice posting
- Single Vendor payment/single customer payment
- Park and hold document posting
- Partial and residual payment
- AP and AR reports
- Bank accounting
- Bank Master data creation
- Vendor Invoice posting
- Multiple Vendor payment
- Manual and Electronic Bank reconciliation configuration and posting
- Reports overview of Bank accounting
- Asset accounting
- Organization structure setup
- Integration with GL
- Ordinary Depreciation
- Unplanned
- Master data creation and postings
- Acquisition of Asset
- Depreciation posting
- Retirement/Write-off
- Asset sale with and without customer
- Asset Reports
- Tax Accounting
- Direct tax configuration
- Indirect Tax configuration
- Integration with MM
- MM Basic configuration
- Run procurement to Pay cycle
- Reports overview
- Integration with SD
- SD configuration
- Run Order to cash cycle
- Reports overview
- New GL accounting
- Functionality of New GL
- Document splitting configuration, posting and reporting
- Active document splitting
- Passive document splitting
- Zero balance document splitting
- Segment reporting
- Ledger accounting
- Parallel currency concept
- Controlling Organization structure
- Enterprise structure configuration
- Maintain Controlling Area
- Assign company code to controlling area
- General controlling
- Cost element accounting
- Integration with FI
- Cost elements Master data, posting and reporting
- Cost center accounting
- Enterprise structure
- Master data
- Cost center planning and Budgeting
- Posting to cost center and reports overview
- Internal Order
- Configuration of Internal Orders and its types
- Master data creation
- Real Orders and
- Statistical orders
- Planning and status profile
- Internal order budgeting
- Product cost controlling
- Basic settings for Material costing
- Costing sheet for OH calculation
- Material Cost Estimate with Quantity Structure
- Material Cost Estimate Without Quantity Structure
- Ad Hoc Cost Estimate
- Cost Object controlling
- Product Cost by Period
- Basic Settings for Product Cost by Period
- Product Cost Collectors
- Simultaneous Costing
- Period-End Closing
- Product Cost by Order
- Basic Settings for Product Cost by Order
- Manufacturing Orders
- Period-End Closing
- Product Cost by Sales Order
- Basic Settings for Product Cost by Sales Order
- Control of Sales-Order-Related Production/Product Cost by Sales Order
- Preliminary Costing and Order BOM Costing
- Period-End Closing
- Material Ledger
- Basic configuration settings
- Actual Costing/Material Ledger
- Month end activities
- Profitability analysis (CO-PA)
- Organization structure
- Basic settings
- Characteristic Values
- Maintain Value Fields
- Differences between Accounting based COPA and Costing Based COPA
- Flows of Actual Values
- From SD,MM and FICO
- COPA Planning
- Basic settings and planning
- COPA Valuation
- Posting from Different modules and reporting
- Develop a report through Report painter
- S4 HANA overview and its versions
- Fiori Apps
- Overview and advantages to business
- Implementation methodologies overview in ERP and S4 HANA
- Cutover activities overview
- Data upload tools overview
- Master data and
- Transactional data
- Tables overview and its revolution
- Sap Query and Table join
- Screen variant and transaction variant
- Functional module, BAPI overview and its importance
- Functional specification overview
- Supporting tools overview
- SLA overview
- Month end and Year end activities in a project with respect to FICO/MM/SD
About Instructor
K.R
SAP FICO Certified Consultant
