SAP FICO Training
About SAP FICO Training:
A SAP FICO module are designed by the real time expert based on the industry demands and covers the complete SAP finance accounting concepts. SAP FI module is one of the significant modules in ERP system and it manages the complete financial and accounting process involved in different modules. We provide special attention to the candidates in gaining the complete knowledge of the sap finance course, by providing the good learning environment, SAP FICO material and complete assistance at any point of time.
Why Learn SAP FICO Training?
In this SAP financial accounting course you will get complete assistance from our technical staff and trainers. It covers the topics such as Stores financial transaction data, manage data involved in any financial and business transactions in a unified system, SAP FI configuration, SAP CO configuration, etc. we provide SAP FICO training and study material, Basic concepts, videos and all stuff related to the course. At the end of the SAP FICO online classes, you are prepared for the interviews and provided with complete assistance to grab SAP FICO or FI jobs of your interest.
SAP FICO Training Pre-requisites:
Basic knowledge of financial accounting is preferred.
SAP FICO Tutorial Targeted Audience:
- SAP FICO consultant, who requires a basic knowledge of FI.
- SAP FI consultant, who requires a basic knowledge of FI.
- Developers who requires familiarity of FI.
- Consultants subject for implementing financial Accounting with SAP ERP Financials.
- Graduates in financial or accounting field, who are seeking career in this field.
- SAP Functional consultant, who requires a basic knowledge of FI.
SAP FICO Training Target:
- Learn and configure the organizational unit, master documents and data.
- Learn the applications and configuration of Asset accounting.
- Learn and utilize the SAP financial transactions regarding general ledger accounting, accounts payable, banking and Accounts Receivable.
- Learn the integration between SAP Financials and Asset Accounting.
- Utilize validations and Substitutions.
SAP FICO Online Training Format:
All registered candidates, will get the confirmation from us. After that, candidate will get access to the complete training process. We provide videos, interactive sessions and study material during SAP FICO online course. We have very well designed LMS at your pace and every query is answered by our professional trainers or technical staff. Candidate can raise any type of questions regarding the course at any point of time. We will provide solution for it as soon as, our technical staff reach the candidate query. All this will get you in an affordable SAP FICO course fees.
Our Lab is fully equipped with latest infrastructure with Power 6 and IBM X-series dual Xeon Based servers, EMC Clarion, Netapp Unified Storage, Brocade FC switches, Cisco FC switches, Cisco L4 switch, and all the servers are integrated with SAN. All the servers are monitored by Nagios monitoring agent with the OTRS ticketing system. All the students will have an individual access to the servers through thin clients remotely. Students will be exposed to the real time scenarios through which they can get good exposure on the subject. To help the student in their practical sessions, there will be lab faculties available all the time and we provide:
- SAP FICO study Material
- SAP FICO details
- Resume Preparation
- Assistance for choosing best SAP FICO books
- Placement Assistance
- SAP FICO training videos
SAP FICO Certification:
The Kernel provides an SAP FICO online training and certification letter at the end of the course. It’s a professional document, which shows that a candidate has knowledge on the subject and has done this course from our institute. For grabbing job in this field, candidate must possess the SAP FI certification. Every organization wants to hire the certified professional in the particular field and this adds weight in your profile. It becomes easy for the candidate to get SAP FICO jobs for freshers after completion of this course. The SAP FICO certification consists of your grade/marks achieved based on the average performance of the candidate.The certification card will be labeled with course name, course duration along with a grade.which is very beneficial for candidates to get sap FI jobs.
We also assist the candidate in getting good grades, even if they fail at first time after completion of SAP FICO online classes. We will provide 24/7 assistance in successfully completion of the project.
SAP FICO course curriculum:
1: Introduction to ERP & SAP, Introduction to FI/CO,
Goal set: In this module you need to understand about SAP FICO introduction, CCA, CO-PA, MM, SD, Month introduction, year end closing, sub modules of FI & CO, Responsibility of SAP FICO Consultant jobs.
Topics: What is FI/CO, SAP FICO basic concepts, Sub modules in FI & CO, Introduction to G/L (New G/L),AP, AR, AA ,Introduction to CEA,CCA,EC-PCA,CO-PA and PC, Introduction to Banking and Treasury, Concepts of Integration with MM and SD, Introduction to Month end Closing and Year and Closing.
2: Global Parameters
Goal set: In this module of SAP FICO online training you need to understand about company code, credit control area, types of COA, chart of accounts, types document, multiple currencies, multiple ledgers, fiscal year variant types.
Topics: Company and Company Code, Business Area and Credit Control Area, Fiscal Year Variant-Types of Fiscal Years, Chart of Accounts-Type of COA, Posting period Variant, Open and Closing Posting Periods, Document Types, Field Status Variants & Groups, Multiple Currencies, Introduction to Multiple Ledgers, Other Aspects of Global Parameter G/L & New.
3: G/L Concepts
Goal set: In this module you need to understand about COA in real time, currency for additional ledgers, MM and SD, tolerance groups, balance sheet, G/L Reports, Exchange Rate Maintenance, Definition of segment, ledgers and document splitting, transfer balances, financial statement version, posting keys.
Topics: Preparation and Finalization of COA in Real Time, Account Groups, Retained Earnings and importance of Retained Earnings, Tolerance Groups for General ledger/Employees, Screen Variants for G/L Postings, Exchange Rate Maintenance, G/L automatic Clearing Maintenance, Foreign Currency Valuation and Translation, Financial statement Version, G/L integration with MM and SD, Define and Activate New G/L, Activation and specification of Additional Ledgers, Define Currency for Additional Ledgers, Define Segment, Define Document Splitting for G/L accounting, Activate Document Splitting, Define Document type for Entry View, Transfer Balances and Carry Forward (Balance Sheet & P&L Items),Posting Keys, Documents in G/L-Park & Post, Hold, Recurring, Account Assignment Model etc., G/L Reports.
4: A/R & A/P, Banking
Goal set: In this module of SAP FICO online course you need to understand about account types, vendors, terms of payments, payment method, tax calculation, Foreign exchange, check register, Issuance, transfer method, bills of exchange, down payments, customer and vendor master data, House banks, manual and electronic bank statement.
Topics: Account Groups, Document Types for Customers and Vendors, Number Range assignment for Account groups, Customer and Vendor Master Data, Reconciliation Accounts for customer and vendor Master Data, Terms of Payments, Payment Methods, Automatic Payment Program, Dunning, Down Payments, Bills of Exchange and Guarantees, Tax Calculation Procedure, Taxes-VAT and Withholding Taxes, Automatic determination of G/L accounts for Taxes, Foreign Exchange (Realized and unrealized Accounts),House Banks, Manual & Electronic Bank Statement, Check and Transfer method of payments through Banks, Check Register, Check Maintenance, Issuance, cancellation Etc., Customer and Vendor Reports, Z reports and preparation of Functional specs for reports.
5: Asset Accounting
Goal set: In this module of SAP FICO online course you need to understand about depreciation areas, screen layout rules, revolution of assets, inflation accounting, asset reports, Revolution of Assets, parallel currencies, strategy on data migration related to asset, group assets.
Topics: Chart of Depreciation, Define 0% tax Codes for Asset Accounting, Asset Class and Account determination of Asset Classes, Depreciation Areas (Derived Depreciation Areas),Screen Layout Rules and Number range Assignments, Depreciation Areas for Parallel Currencies ,Group Assets, Depreciation Keys, Asset Master data (Main and Sub Assets),Overview of Revolution of Assets, Introduction to inflation Accounting, Asset Acquisition (Direct and AUC), Asset retirement (Scrapping, with Revenue with Customer and without Customer), Inter and Intra Asset transfer, Asset Reports/With Different variants and Asset explorer, Strategy on data Migration related to Asset (Legacy Assets-upload Process).
Goal set: In this module you need to understand about OBYC, G/L accounts, MM process, FI-SD, material master, business process, various material movements’ types, revenue reorganization process.
Topics: FI-MM Integration (Configuration from MM to attain PO, GR and IR, Account Assignment Categories in PO and business process to be used with different Account Assignment categories, Valuation Area, Valuation class and its importance in Material Master, Accounting aspects from Material Master, Material Movements Types, OBYC and G/L account assignment from MM process, FI-SD Automatic Accounts determination, Revenue Reorganization process in FI and SD Integration.
7: Controlling & Cost Element Accounting
Goal set: In this module you need to understand about controlling area, company codes, different fields in controlling area, activity type categories, planning and budgeting, primary cost, reposting, distribution and assessment, cost elements.
Topics: Define Controlling Area, Assignment of Controlling area to Company Codes, Importance of Different Fields in controlling Area, Primary cost and secondary cost elements, Activity Type, Statistical Key Figures, Reposting, Distribution and Assessment, Activity type categories, Planning and Budgeting of Cost Elements, Cost Element categories, Cost Element groups, Cost Element Reports.
8: Cost Center Accounting
Goal set: In this module you need to understand about cost center categories, define planner profile, cost center groups and reports.
Topics: Cost Center Hierarchy, Cost center Groups, Cost Center Categories, Define Planner Profile, Versions for Planner Profile, Cost Center Reports.
Goal set: In this module you need to understand about operating concern, profitability segment, derivation, assignment of value fields, COPA, automatic account assignment, PA transfer.
Topics: Define Operating Concern, Define Characteristics and value fields, Define profitability Segment Characteristics, Define Characteristics Hierarchy and Derivation, Maintenance and Assignment of value fields, Transfer of Billing Document to COPA, Automatic Account Assignment, Maintain PA Transfer structure for Direct FI Postings, Information System in COPA.
10: Internal Orders
Goal set: In this module you need to understand about controlling area, AUC, integration with internal, investment management, information system reports, model order, AUC assets, month end and final settlements.
Topics: Order Management in Controlling Area, Define and Assign number ranges to Order Groups, Types of Order, Model Order, AUC (Assets) process with Internal Order (Real),Investment Management Integration with Internal Orders, Month end and final settlements of Internal Orders, Information System (Reports) for Internal Orders.
11: Profit Center Accounting
Goal set: In this module you need to understand about maintain profit center, control parameters for actual data, profit center groups, transfer pricing, revenue elements, and automatic account assignment.
Topics: Maintain Profit Center and Activation of company code in profit center, Control Parameters for Actual data, Plan Versions, Profit Center Standard Hierarchy, Profit Center Groups, Transfer Pricing process with profit center, Maintain planner profiles, Distribution & Assessment, Automatic Account Assignment for Revenue Elements, Reports in profit center Accounting.
12: Product Costing and Material Ledger
Goal set: In this module you need to understand about activate material ledger, dynamic price change, material costing, overhead keys, cost component structure, work in progress, product cost by order, work in progress, settlement, variance calculation, work in progress, product cost by sales, cost component structure.
Topics: Define and Activate Material Ledger, Assign Currency type to Material Ledger, Dynamic Price Change in ML, Other Aspects of ML, Material Costing, Maintain Overhead cost Elements, Define Cost Sheets, Define Overhead Keys and Groups, Define Cost Component Structure, Product Costing by Order, Variance Calculation, Work In Progress, Settlement, Product Cost by Period, Variance Calculation, Work In Progress, Settlement, Product Cost by Sales, Result Analysis, Settlement.
13: Real Time Concepts:
Goal set: In this module you need to understand about SAP server, financial statement version, SAP query, month end, FAQ’s, Tickets, transport request creation.
Topics: Uploading the Data (LSMW) to SAP Server, Overview of SAP Methodology, Creation of Financial Statement Version, Transport Request Creation and Release, SAP Query, Month End, Year End Closing Activities, Carry Forward Balances to next Year, FAQS, Tickets.
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