SAP FICO Overview

Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. SAP FICO training materials teaches you in a easy method with screen shots step by step.

Why Accounts Institute?

Are You looking for top Accounts and Finance Training, then Accounts Institute may be right for your Career. The Accounts Institute is formed with an aim to bridge the gap between industry requirement and curriculum of education.We provide in-depth training in Chartered Accountants Course, Financial Modelling Programs, IFRS and Tally courses and help you with Certification Examination. We offer a full range of Accounting Courses with experts to give you a greater discipline to build up your career necessary for Job Environment.Accounts Institute offers a detailed training including course materials, software, and support to build your bookkeeping career. We provide the skills required to analyze the financial statements and processes with generally accepted accounting principles (GAAP).Our Courses are helpful for Accounting Graduates, Finance Managers, Financial Analysts, Auditor, Controller, Collection Agent, Bookkeeper, Accounting Clerk, CPA and Cost Accountant.

SAP FICO Training Module:

Who will benefit from Sap Fico
  •  The major benefit of SAP FICO is it generates the accounting data into an integrated form to be used excellently in managing profit loss statements and balance sheets etc. The other SAP modules like Sales & Distribution, Production Planning and Material Management easily integrate with this and provide essential data to the organization for internal planning and better control. The SAP FICO module has become now the most demanding module between the emerging accounting professionals for better career growth.
Sap Fico Certification fee

The certification course duration varies from institute to institutes from 2months to 6 months with a fee of Rs 25,000/- and above.

Who can Learn SAP FICO?
  • Fresher’s with BA, B.com Background
  • Charted Accountants
  • People Who are currently working as Accountants

Our Training Features:

Hands on Training

 

l

Placement Assistance

 

Experienced Trainers

 

Flexible Timings

 

Online Training

 

Tally Course Syllabus :

Introduction to ERP & SAP

Introduction to FI/CO

  • What is FI/CO
  • 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

Global Parameters

  • 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

G/L Concepts

  • 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

A/R & A/P, Banking

  • 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 Z reports

Asset Accounting

  • 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)

Integration

  • 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

Controlling & Cost Element Accounting

  • 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

Cost Center Accounting

  • Cost Center Hierarchy
  • Cost center Groups
  • Cost Center Categories
  • Define Planner Profile, Versions for Planner Profile
  • Cost Center Reports

CO-PA

  • 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

Internal Orders

  • 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

Profit Center Accounting

  • 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

Product Costing and Material Ledger

  • 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

Real Time Concepts

  • 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

Level – II Programme: Project on Real Time Scenarios

  • Explanation on ASAP Methodology
  • Demo on Live Systems
  • SAP R/3 System Landscape Model – Transport Strategy
  • Project Implementation through SAP Solution Manager
  • End-to-End Implementation Project on real time business objects in phase sequence as shown below.
  1. Project Preparation
  2. Business Blue Print
  3. Realization
  4. Final Preparation
  5. Go-Live
  • Ellaborating the role of Consultants in different stages of project including documentation, presentations to be done by them
  • Project Environment & roles n responsibilities in other types of projects
  1. Support/ Maintenance
  2. Roll-out/ Template
  3. Upgradation

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uday

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