SAP FICO

Enhance Your FICO Skills with SAP Training!

Augment your existing skills or develop new expertise for SAP financial management solutions. SAP Training and Adoption offers several paths forward for SAP financial professionals.

$850.00

Description

Financial management requirements are constantly changing, and it’s more important than ever to keep your skills current. SAP Financial Accounting (FI) and SAP Controlling (CO) process and consultant training delivers the understanding and expertise professionals need for better management of finance accounting and reporting in enterprises.

Get a training experience that’s aligned to your needs.

Find the right training, certification, and skills to meet your needs based on your role and learning preferences.

SAP Training and Adoption offerings are tailored to specific financial flows and use cases. Choose the Training Path that’s right for you:

  • SAP S/4HANA Financial Accounting
  • SAP ERP Financial Accounting
  • SAP S/4HANA Management Accounting
  • SAP ERP Management Accounting
  • Cash Management
  • Treasury Management
  • Billing and Revenue Innovation Management
 

Objective

SAP FICO training will aim to provide the learners to:

  1. Learn the basic concepts and fundamentals of Finance and Controlling modules
  2. Learn about General Ledger, Accounts Payable, Bank Accounting and Funds Management and its application in finance analysis
  3. Learn about Business Process and how FICO Module work in R/3
  4. Apply Implementation Training and Integration with other Modules
  5. Apply Real-time Training with End to End Implementation Process

Target Audiance?

This course is highly suitable for professionals already working in the IT or Finance domain, such as:

  1. Analytics professionals
  2. IT developers
  3. Data analysts
  4. BI and reporting professionals
  5. Project managers
  6. Data scientists
  7. Professionals aspiring for a career in growing and demanding fields of real-time big data analytics

Featured SAP FICO courses

Whether you are an SAP consultant, or an enterprise organization looking to drive innovation with SAP financial management solutions. Get the training, certification, and knowledge you need for FICO success, through courses like:

S4F01: Financial Accounting in SAP S/4HANA for SAP ERP FI Professionals

Understand the architecture of the SAP S/4HANA Financials component, configure and use new functionalities in SAP S/4HANA, and more.

S4F60: SAP Central Finance Overview

SAP Central Finance is a specific deployment option for gathering accounting data from SAP ERP systems and Non-SAP Systems into one central SAP S/4HANA system. This course provides an overview of the concept, the basic architecture and key scenarios that SAP Central Finance covers. You will be able to explain the value proposition but also the business benefits of this solution. All that puts you in a position to validate if the solution fits to your / your customer’s business requirements.

BR235: SAP Convergent Charging 5.0

The course BR235 provides an overview of the features of SAP Convergent Charging for subscription and consumption management in the context of the BRIM solution. You learn how to design and implement price models for subscription and consumption products with exercises in a training environment.

S4F20: Business Processes in Management Accounting in SAP S/4HANA

Learn how SAP S/4HANA covers the Management Accounting related business requirements and how the fundamental business processes and tasks are executed in the system. Organizational Units, Master Data Management, Logistics Integration, Planning, Analytics, Daily Postings and Period End Closing are all discussed in this course. Especially if you are new to Management Accounting in SAP S/4HANA, this course is the right starting point for you.

Office Hours with SAP Instructors | How to best learn SAP Management Accounting

Meet with SAP Trainer. Our trainers are Sr. Consultants and are expert on all things Management Accounting from SAP.

Course Contents

• Definition of Company
• Definition of Company code
• Assignment of company to company code
• Definition of business area
• Definition of fiscal year variant
• Assignment of fiscal year variant to company code
• Definition of posting period variant
• Assignment of posting period variant to company code
• Open and close posting period
• Defining document type & number ranges
• Maintenance of field status variants
• Assignment of field status variant to company code
• Definition of tolerance groups for GL accounts
• Definition of tolerance groups for employees
• Assignment of tolerance groups to users
• Taxes on Sales & Purchases (input & output)
• Creation of chart of Account
• Defining Accounts Groups
• Defining Retained Earnings Account

  • Creation of General Ledger Master (with and without reference)
  • Display/Change/Block/Unblock of General Ledger master
  • Document Entry posting normal postings and posting with reference
  • Display and change of documents
  • Display of GL balances
  • Display GL account line items
  • Parked documents
  • Hold documents
  • Creation of Sample Document and postings with sample documents
  • Defining recurring entry document and postings with recurring doc.
  • Configuration of line layouts for display of GL line items
  • Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents
  • Defining Exchange Rate types and Translation ratios
  • Define Exchange rates &  posting of foreign currency transactions
  • Interest calculations on term loans
  • Accrual and Deferral  documents
  • Creation of vendor account groups
  • Creation of number ranges for vendor master records
  • Assignment of number ranges  to vendor account groups
  • Creation of tolerance group for venders
  • Creation of vendor master (display/change/block/unblock of vender master)
  • Posting of vendor transactions (invoice posting, payment posting, credit memo)
  • Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
  • Posting of partial Payment & Residual Payment
  • Creation of payment terms,
  • Creation of house banks and account ids.
  • Creation of check lots and maintenance of check register
  • Display check register
  • Cancellation of  un issued checks
  • Creation of void reasons
  • Cancellation of issued checks
  • Posting of purchase returns               
  • Configuration of automatic payment program
  • Payment to vendors through Automatic Payment Program
  • Defining correspondence & party statement of accounts
  • Creation of customer account groups
  • Creation of number ranges for customer master records
  • Assignment of number ranges  for customer account groups
  • Creation of tolerance group for customers
  • Creation of customer master (display/change/block/unblock of vender master)
  • Posting of customer transactions (sales invoice posting, payment posting, debit memo)
  • Settings for advance payment from parties (down payment)
  • Configuration of settings for Dunning
  • Defining correspondence and party statement of accounts
  • Creation of customer account groups
  • Creation of number ranges for customer master records
  • Assignment of number ranges  for customer account groups
  • Creation of tolerance group for customers
  • Creation of customer master (display/change/block/unblock of vender master)
  • Posting of customer transactions (sales invoice posting, payment posting, debit memo)
  • Settings for advance payment from parties (down payment)
  • Configuration of settings for Dunning
  • Defining correspondence and party statement of accounts
  • Definition of Multilevel methods
  • Definition of period control methods
  • Creation of main asset master records
  • Creation of sub asset master records
  • Acquisition  of fixed assets    
  • Sale of fixed assets
  • Transfer of assets
  • Scrapping of assets,
  • Depreciation run
  • Line item  Settlement of assets under construction of capital work in progress
  • Parallel ledgers
  • Document splitting
  • Segments
  • Financial statement version
  • General Ledger, Accounts Payable, Accounts Receivable and Assets Reports
  • Defining Controlling Area
  • Defining Number ranges for Controlling Area
  • Maintain Planning Versions
  • Creation of Primary cost elements from  financial accounting area
  • Creation of Primary cost elements from controlling area
  • Display of cost element master records
  • Change cost element master records
    • Primary cost element categories
    • Secondary cost element categories
    • Default account assignments
  • Defining Cost Center Standard Hierarchy
  • Creation of Cost Centers and cost center groups
  • Display cost center master records
  • Change cost center master records
  • Creation of cost center groups
  • Posting to cost centers
  • Reposting of co line items
  • Repost of Costs
  • Planning for cost centers
  • Overhead Calculation
  • Creation of secondary cost element master records
  • Creation and Execution of Distribution Cycle
  • Creation and execution of assessment cycles
  • Cost center reports
  • Defining order types
  • Creation of Internal order master records
  • display Internal order master records
  • change Internal order master records
  • postings to Internal orders
  • planning for Internal orders
  • reposting co line items for Internal orders
  • repost of costs for Internal orders
  • Report of Variance analysis for Internal orders
  • Creation of real Internal orders
  • Defining order types
  • Creation of Internal order master records
  • Display Internal order master records
  • Change Internal order master records
  • Postings to Internal orders
  • Planning for Internal orders
  • Reposting CO line items for Internal orders
  • Repost of costs for Internal orders
  • Report of Variance analysis for Internal orders
  • Creation of real Internal orders
  • Posting  of business transaction to Real Orders
  • Definition of Allocation structures
  • Definition of Settlement profiles
  • Definition of Planning profiles
  • Settlement of Real Internal orders
  • Basic Settings for Profit Center Accounting
  • Creation of Dummy Profit Centers
  • Maintenance of control parameters for actual postings
  • Maintaining planning versions for profit centers
  • Maintaining the number ranges for profit center documents
  • Creation of profit center master records
  • Display of profit center master records
  • Changing the profit center master records
  • Creation of revenue cost elements
  • Automatic Assignment of Revenue elements for Profit Centers
  • Assignment of  profit centers in cost center master records
  • Creation of account groups in profit center accounting for planning
  • Planning for profit and loss account items
  • Planning for balance sheet items
  • Posting of transactions  into profit centers
  • Generating the variance reports for profit and loss account items
  • Generating the variance reports for balance sheet items

 

  • Maintaining the operating concern
  • Define profitability segment characteristics
  • Assignment of controlling area to operating concern
  • Activating the profitability analysis
  • Define number ranges for actual postings
  • Mapping of SD conditions types to COPA value fields
  • Creation of reports
  • Viewing the reports
  • Definition of Organizational units in materials management i.e. plant, storage location and purchase organization
  • Assignment of organizational units to each other
  • Definition of tolerance groups for purchase orders
  • Definition of tolerance groups for goods receipt
  • Definition of tolerance groups for invoice verification
  • Definition of vendor specific tolerances
  • Creation, display and change of material master records
  • Creation of plant parameters
  • Definition of Organizational units in materials management i.e. plant, storage location and purchase organization
  • Assignment of organizational units to each other
  • Definition of tolerance groups for purchase orders
  • Definition of tolerance groups for goods receipt
  • Definition of tolerance groups for invoice verification
  • Definition of vendor specific tolerances
  • Creation, display and change of material master records
  • Creation of plant parameters
  • Maintenance of posting periods for materials management
  • Maintenance of parameters for invoice verification
  • Maintenance of plant parameters for inventory management and  physical inventory
  • Definition of attributes for material types
  • Assignment of GL accounts for material transactions in financial accounting
  • Creation of purchase order, posting of goods receipt, invoice verification and  Goods issue for production
  • Definition of Sale Organization
  • Definition  of distribution channels
  • Definition of divisions
  • Assignment  among various organizational units in SD
  • Definition of partner functions
  • Definitions of shipping point and loading points
  • Definition of pricing procedures
  • Determining  the shipping points
  • Determining the pricing procedures
  • Maintenance of  SD condition types
  • Maintenance of condition records
  • Assignment of GL accounts for  sales transactions (integration of FI with SD)
  • Creation of sales order
  • Initialization of stock
  • Posting  the delivery of goods
  • Creating the sales invoice

Course Assignments

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