The SAP FICO course is a comprehensive training program designed to provide learners with expertise in the financial and controlling modules of the SAP ERP system. The course covers a wide range of topics including ledger operations, accounts payable and receivable, asset accounting, bank accounting, cost center, and profit center accounting. Through this training, participants will gain a deep understanding of SAP's financial systems and their integration within an organization's structure.
By pursuing SAP FICO certification, learners will acquire the skills needed to manage financial transactions and reports, enhancing their ability to contribute to their organization's financial health. This knowledge is crucial for professionals aiming to streamline financial processes and ensure compliance with financial reporting standards. The flexibility of online SAP FICO courses allows learners to advance their careers without disrupting their current professional obligations. Upon completion, individuals will be equipped to handle complex financial tasks within the SAP environment, making them valuable assets to potential employers.
Course Prerequisites
To ensure a successful learning experience in the SAP FICO course, the following prerequisites are recommended:
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Basic understanding of finance and accounting principles.
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Familiarity with general business processes and terminology.
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Basic knowledge of computer operations and Microsoft Office applications.
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Willingness to learn new technical concepts and software navigation.
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Prior exposure to any ERP system is beneficial, though not mandatory.
Target Audience
The SAP FICO course is designed for professionals seeking to gain expertise in financial accounting and controlling within the SAP environment, including:
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Financial Accountants and Managers
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SAP Financial/Accounting Consultants
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Controllers and Cost Accountants
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Treasury Managers
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Finance Analysts and Professionals
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ERP and SAP Support Staff
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SAP End Users in Finance Departments
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Business Analysts and Consultants
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Chartered Accountants (CAs) and CPAs
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Auditors and Tax Professionals
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Finance and Accounting Students or Graduates
Course Outline
1. SAP FI – Organization Structure
2. SAP FI – Financial Accounting Global Settings
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Maintain Fiscal Year Variant
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Assign Company Code to Fiscal Year Variant
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Define variants for Open Posting Periods
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Open and Close Posting Periods
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Assign Posting Period Variant to Company Code
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Define Field Status Variants
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Assign Company Code to Field Status Variants
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Define Posting Keys
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Define Document Types
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Define Document Number Ranges
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Define Tolerance Group for Employees
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Define Tolerance Group for G/L Accounts
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Assign Users to Tolerance Group
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Global Parameters for Company Code
3. SAP FI – General Ledger
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Introduction to New GL
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Activation of New GL
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Define Chart of Accounts
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Define Account Groups
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Define Retained Earnings Account
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Create General Ledger Account
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Posing of GL entries
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Holding, parking and posting of documents
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Reversal of documents
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Reference Documents
4. SAP FI – Accounts Payable
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Create Vendor Account Groups
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Create Number Ranges for Vendor Accounts
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Assign the number ranges to Vendor account groups
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Create Sundry Creditors Account
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Define Tolerances Group for Vendors
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Create Vendor Master Data
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Vendor Payment Terms
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Down Payment
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Automatic Payment Program
5. SAP FI – Accounts Receivable
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Create Customer Account Groups
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Create Number Ranges for Customer Accounts
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Assign Number Ranges to Customer Account groups
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Create Sundry Debtors
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Define Tolerances Group for Customer
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Create Customer Master Record
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Customer Payment Terms
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Down Payment
6. Foreign Currency Transaction
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Define Translation Ratio for Currency Translation
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Define Standard Quotation for Exchange Rate
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Currency Simulation
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Define Default Exchange Rate
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Posting Document in a Foreign Currency
7. Taxes on Sales and Purchase
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Configuration of Tax Procedures
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Configuration of Accounting Keys
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Creation of Tax Codes
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Posting Purchase Documents
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Posting Sales Documents
8. Dunning
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Define Dunning Areas
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Define Block Reason for Dunning Notices
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Define Dunning Procedures
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Create Dunning Interval in days to Dunning Procedures
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Define Dunning Levels to Dunning Procedures
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Define Dunning Charges to Dunning Procedures
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Post Customer Invoice
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Dunning Run
9. Bank Accounting
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Create bank key
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Define House bank
10. SAP FI – Asset Accounting
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Chart of Depreciation
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Assign Chart of Depreciation to Company Code
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Specify Account Determination
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Create Screen Layout Rules
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Maintain asset number ranges
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Define Asset Classes
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Determine Depreciation area in the Asset Class
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Assignment of General Ledger Accounts
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Define Screen Layout for Asset master data
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Define Screen Layout for Asset Depreciation Areas
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Maintain Depreciation key
11. Material Ledger
12. Financial Reporting
13. Controlling
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Controlling Area Settings
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Maintain Controlling Area
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Maintain Version
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Number range to controlling documents
14. Cost Element Accounting
15. Cost Centre Accounting
16. Profit Center Accounting
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Settings for Profit Center
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Creation of Profit Center
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Creation of Profit Center Master Data
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Posting of revenues
17. Internal Order Accounting
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Order Type, Number range
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Creation of order, Planning & Posting
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Defining settlement rules
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Final settlement of Internal Order
18. Mass Maintenance (MASS)
19. Financial Statement Version
20. Validation and Substitutions
21. FIORI Application
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Creation of BP Supplier
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Creation of BP Customer
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Creation of GL Accounts
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Posting Documents
Live Online Training (Duration : 200 Hours)
