SAP FICO Training Institute in Adoni
March 11, 2025 2025-05-09 15:53SAP FICO Training Institute in Adoni
SAP FICO
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SAP FICO
SAP FICO (Financial Accounting and Controlling) is a crucial module for managing financial transactions, reporting, and controlling in enterprises. This course provides hands-on training on financial operations using SAP. Looking For SAP FICO Course then join Today get trained by Real time experts.
Course Curriculum
Introduction to SAP and ERP
- What is SAP?
- What is ERP?
- Overview of ERP modules: FI, CO, MM, SD, HR, etc.
- The role of SAP FICO in financial management
- Integration of SAP FICO with other modules (MM, SD, etc.)
General Ledger Accounting (G/L)
- Overview of General Ledger (G/L) functionality
- Chart of Accounts (COA) setup
- Posting periods and document types
- Recording financial transactions in SAP
- Bank accounting and reconciliation
- Handling tax transactions and reporting
Accounts Payable (AP) and Accounts Receivable (AR)
- Introduction to Accounts Payable (AP) and Accounts Receivable (AR)
- Vendor master data and customer master data
- Invoice processing and document management
- Payment processing in SAP (including payment terms)
- Automatic payment program in SAP
- Cash application and reconciliation of AR
- Credit management and dunning procedures
Asset Accounting (AA)
- Overview of Asset Accounting in SAP
- Asset master data: creation, classification, and life cycle
- Asset acquisitions, transfers, and retirements
- Depreciation methods and posting
- Asset reporting and analysis
Cost Element and Cost Center Accounting
- Cost element classification: Primary vs. Secondary cost elements
- Cost center creation and structure
- Cost allocation and distribution methods
- Cost center planning, budgeting, and reporting
- Internal cost allocations and settlement rules
Internal Orders and Profit Center Accounting
- Overview of Internal Orders in SAP
- Types of internal orders: Overhead, Investment, etc.
- Order settlement and cost allocation
- Profit Center structure and its integration with G/L and cost centers
- Profitability analysis and reporting
Financial Statements and Reporting
- Balance Sheet and Profit & Loss (P&L) Statement in SAP
- Period-end closing activities for financial reporting
- Financial statement versions and reporting layout
- Internal and external reporting requirements
- Custom reports and financial analysis tools in SAP FICO
Month-End and Year-End Closing in FICO
- Overview of period-end and year-end closing in SAP
- Closing activities for G/L, AP, AR, and AA modules
- Adjustments, accruals, and provisions
- Generating closing reports and financial statements
Integration with Other SAP Modules
- Integration between SAP FI and MM (Materials Management)
- Integration between SAP FI and SD (Sales and Distribution)
- Integration between SAP FI and HR (Human Resources)
- Cross-module reconciliation and data flow
Advanced Topics in SAP FICO
- Profitability Analysis (CO-PA) in SAP
- Transfer Pricing in SAP
- Multi-currency handling and foreign exchange in SAP
- Advanced reporting and SAP FICO dashboards
- Customization and configuration of FICO modules