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Erp Training ZoneErp Training Zone
  • Home
  • ERP Courses
    • S.A.P FICO
    • S.A.P MM
    • S.A.P SD
    • S.A.P HR/HCM
    • S.A.P PP
    • S.A.P ABAP
    • S.A.P CO
    • S.A.P SCM
  • Tally & Others
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  • Contact
S.A.P FICO

Why Choose This Course?

S.A.P FICO (Financial Accounting and Controlling) is a detailed course that focuses on the financial aspects of business management using S.A.P software. It's crafted to give participants a deep understanding of financial accounting processes and how they are integrated within the S.A.P ERP (Enterprise Resource Planning) system.

Financial Accounting (FI)
Controlling (CO)
Integration with other S.A.P Modules
Reporting and Analysis
Configuration and Customization
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Here’s a rundown of what you can expect to learn in a typical S.A.P FICO course:

  1. Financial Accounting (FI):

    • General Ledger Accounting: Understanding the chart of accounts, posting journal entries, managing accounts receivable and accounts payable.
    • Asset Accounting: Managing fixed assets, calculating depreciation, handling asset acquisitions, disposals, and transfers.
    • Accounts Payable: Managing vendor master data, processing invoices, making payments, and reconciling vendor accounts.
    • Accounts Receivable: Handling customer master data, billing, recognizing revenue, managing credit, and collections.
    • Bank Accounting: Managing bank master data, processing electronic bank statements, and reconciling bank accounts.
  2. Controlling (CO):

    • Cost Element Accounting: Managing cost elements like primary and secondary cost elements.
    • Cost Center Accounting: Allocating and controlling costs within various cost centers in the organization.
    • Internal Orders: Tracking costs for specific projects or activities within the organization.
    • Profitability Analysis (CO-PA): Analyzing profitability by product, customer, market segment, or other dimensions.
    • Product Cost Controlling: Calculating and controlling costs related to manufacturing processes, including material costs, labor costs, and overhead costs.
    • Profit Center Accounting: Analyzing the profitability of individual business segments or profit centers.
  3. Integration with other S.A.P Modules:

    • Integration with S.A.P MM (Materials Management) for procurement processes.
    • Integration with S.A.P SD (Sales and Distribution) for order-to-cash processes.
    • Integration with S.A.P PP (Production Planning) for manufacturing processes.
    • Integration with S.A.P HR (Human Resources) for employee-related financial transactions.
  4. Reporting and Analysis:

    • Generating financial statements such as balance sheets, income statements, and cash flow statements.
    • Using S.A.P reporting tools such as S.A.P Report Painter and Report Writer.
    • Creating custom reports and queries using S.A.P Query and S.A.P Business Intelligence tools.
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5.  Configuration and Customization:

    • Configuring SAP FICO modules to meet the specific requirements of an organization.
    • Customizing SAP FICO functionalities through user exits, business add-ins (BAdIs), and enhancements.

Overall, The S.A.P FICO courses provide participants with the knowledge and skills necessary to effectively manage financial accounting and controlling processes within an organization using S.A.P software. These courses are valuable for finance professionals, accountants, consultants, and anyone involved in financial management or S.A.P implementation projects.

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