SAP FICO Online Training For Business Minds

SAP FICO Online Training

SAP Finance and Controlling (FICO) helps to integrate the accounting side of a business. It is divided into two parts: financial aspects of an organization and management aspect of the finances in an organization. Thus, this means SAP FICO provides end-to-end financial management of an organization. FICO is used for both planning and management along with managing financials. It is a cost-effective SAP module. Its key focus areas include bank accounting (BL), accounts receivable (AR), accounts payable (AP), general ledger accounting (GL), special purpose ledger (SL), asset accounting (AA), travel management (TV) and funds management (FM).

SAP FICO Full Chapters

❯ Introduction to SAP R/3

  • ERP introduction
  • FICO overview
    • Transaction
    • Accounting
    • Accounts
  • Architecture of R/2 and R/3
  • ERP consultant role
  • Advantages of new general ledger
  • Explanation on possible functions

❯ Financial Accounting Basic Settings

  • Creation of company
  • Business area
  • Company code
  • Assign company code to company
  • Tolerance group
  • Chart of accounts
  • Fiscal year variant
  • Assigning fiscal year variant to company code
  • Global parameters
  • Posting period variant
  • Retained earnings account
  • Number ranges
  • Document types
  • Field status variant
  • Taxes on purchases
  • Taxes on sales

❯ General ledger (GL) Accounting

  • Create GL master with reference
  • Create GL master without reference
  • New GL
  • GL master record
  • Blocking GL master
  • Changing GL master
  • Foreign exchange
  • Hold documents
  • Parking hold sample recurring deferral documents
  • Display balances of GL
  • Documents reversal
  • Mass reversal
  • Cleared items reversal
  • Interest calculation
  • Account assignment model
  • Posting account assignment model
  • Posting with recurring document
  • Exchange rate types

❯ Accounts Payable

  • Vendor groups
  • MM vendor group
  • FI vendor group
  • Number ranges of vendor groups
  • House bank
  • Purchase returns
  • Displaying check registers
  • Advance payments
  • Correspondence
  • Cash discount
  • Payment terms
  • Residual payment posting
  • Tolerance group for vendors
  • Cancelling unissued checks
  • Maintain check registers
  • Creating void reasons
  • Vendor payment via APP

❯ Accounts Receivable

  • Dunning
  • Lockboxes
  • Customer master records
  • Customer accounts
  • Customer group
    • FI customers
    • SD customers
  • Number ranges for customer accounts
  • Exchange bills
  • Advance receipts
  • Cash discount
  • I/P and O/P tax
  • Sales returns posting

❯ Asset Accounting

  • Depreciation
  • Keys of depreciation
  • Chart of depreciation
  • Depreciation run
  • Asset classes
  • Screen layout
  • Asset master
  • Sub asset master
  • Scrapping for asset
  • Line item
  • Capital work in progress
  • Account determination definition
  • Integration with FI
  • Assets transfer
  • Sale of asset

❯ Parallel Accounting

  • Define leading ledger
  • Define ledger groups
  • What are accounting principles
  • Assigning accounting principles to ledger groups
  • Define non-leading ledger

❯ New General Ledger Accounting

  • Segments
  • Document splitting
  • Parallel ledgers

❯ Reports

  • Accounts payable
  • Assets report
  • General ledger
  • Accounts receivable
  • Financial statement version

❯ Integration

  • With MM
  • With controlling
  • With FI sub ledgers

❯ Integration of financial Accounting

 With materials management

  • Organizational units
  • Vendor-specific tolerances
  • Plant parameters
  • Material master record
  • Plant parameters
  • Creating purchase orders
  • Tolerance groups
    • For goods receipt
    • For purchase orders
    • For invoice verification
  • Invoice verification
    • Parameters
    • Maintenance
  • Attributes for material types
  • Plant parameters maintenance for physical inventory
  • Plant parameters maintenance for inventory management

 With Sales and Distribution

  • Sales organization
  • Sales invoice
  • Sales order
  • Divisions
  • Distribution channels
  • Partner functions
  • Pricing procedures
  • Determining pricing procedures
  • Loading points
  • Shipping point
  • Determine a shipping point
  • Stock initialization
  • Posting of goods delivery
  • Maintaining condition records

❯ Controlling

  • Versions
  • Number ranges
  • Budgeting
  • Cost repost
  • Line items repost
  • Cost element accounting
  • Cost center accounting
  • Cost element planning
  • Actual overhead assessment

❯ Basic Settings

  • Controlling area (CA)
  • Number ranges for CA
  • Planning versions — maintenance

❯ Cost Element Accounting

  • Cost element groups
  • Creating cost element groups
  • Automatic creation of primary and secondary cost elements
  • Manual creation of primary and secondary cost elements

❯ Cost Center Accounting

  • Cost center hierarchy key creation
  • Cost center groups creation
  • Periodic reposting
  • Manual repost line items
  • Creating distribution cycle
  • Creating cost centers
  • Automatic reposting line items

❯ Customer Credit Memo

  • Correspondence

❯ Vendor Credit Memo

  • Correspondence

❯ Internal Orders

  • Order types creation
  • View internal order wise report
  • Internal orders creation
  • Number ranges creation
  • Planning internal order wise
  • Budget profile
  • Settlement profile

❯ Profit Center Accounting (PCA)

  • Profit center
  • Create hierarchy for profit center
  • Profit centers creation
  • Create profit center groups
  • Creating dummy profit center
  • Choose accounts
  • Transfer of pricing
  • Automatic assignment of balance sheet
  • Actual data
  • Create cost object
  • Assignment of revenue elements
  • Planning profit and loss items
  • Planning balance sheet items

❯ Profitability Analysis (PA)

  • Creating reports
  • Viewing reports
  • Activating the PA
  • Defining number ranges
  • SD conditions types mapping
  • Defining profitability segment characteristics

❯ Product Costing

  • Overview
  • Activity type
  • Routing
  • Cost sheet
  • Price calculation
  • Work center
  • Cost estimation with quantity structure
  • Cost estimation without quantity structure
  • Work in progress

❯ Product Cost Planning

  • Define bill material
  • Creating bill material
  • Marking
  • Releasing
  • Routings creation
  • Assigning cost sheet to costing variant
  • Create activity-type master records

❯ SAP CO module

  • SAP CO-OM: overhead management
  • SAP CO-OM-ABC: activity-based counting
  • SAP CO-OM-CCA: cost counter accounting
  • SAP CO-OM-OPA: internal order accounting
  • SAP CO-OM-CEL: cost element accounting
  • SAP CO-PC: product costing
  • SAP CO-PA: profitability analysis
  • SAP CO-PCA: profit center accounting

❯ Real-Time scenarios

  • LSMW
  • Support and maintenance process
  • Resolving tickets
  • Implementation overview

❯ General views

❯ Retailing

  • Retailing stores
  • Consumer-based retailing

❯ Business scenarios

  • Repetitive manufacturing
  • MTO (make to order)
  • MTS (make to stock)


SAP FICO Training and Placement in Various Cities: