Course -HighlightsName : SAP FICOMode Classroom & Online
- Module for recording and capturing of financial transactions
- Account Receivables, Account Payable,General Ledger Accounting
- Asset accounting , Bank Accounting
- Inter orders, cost sheet, inventory sheet, cost allocations
BATCH TIMINGS
- Regular Batch - Monday to Friday08:00 AM to 10:00 AM | 10:00 AM to 12:00 PM | 01:00 PM to 5:00 PM (Fast Track)
- Weekend Batches: Saturday - Sunday09:00 AM to 12:00 PM | 01:00 PM to 04:00 PM
- Online Instructor Led Live Training07:00 AM to 08:00 AM | 06:00 PM to 07:00 PM
- Self Paced On-demand Online Training 24 x 07
What is SAP FICO
SAP FICO is the Finance and Controlling module in SAP ERP (Enterprise Resource Planning).In SAP FICO, FI is the acronym for Financial Accounting and CO is the acronym for Controlling. It is one of the most widely implemented SAP modules.
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Syllabus – SAP FICO (Financial and Controlling)
As per Latest SAP FICO updates …
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
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SMEC SAP Features
What our students get and facilities we offer?
- SAP FIC0 (Finance and Controlling) Study MaterialSoft copy of SAP FIC0 (Finance and Controlling) Training material will be provided.
- LAB for SAP FIC0 (Finance and Controlling) Class Room Training8.00 AM – 8.00 PM lab facility in the institute.
- SAP FIC0 (Finance and Controlling) Software InstallationSAP FIC0 (Finance and Controlling) Software will be installed in candidate laptop free of cost. Configuration needed to install:1) 4 GB Ram.2) 240 GB Free Space.
- SAP FIC0 (Finance and Controlling) Demo sessionWe work all 7 days a week; you can walk-in to our office to interact with the FICO trainer to understand.
- SAP FIC0 (Finance and Controlling) Training CertificateSAP Student Academy Program Certificate Verified by SAP
- PlacementsPlacement Assistance will be provided in companies across India, Saudi Arabia and Africa Regions.
- Toll Free (All Language Support)9020 49 0011