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SAP 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

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