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SAP FICO Course

  • G-TEC Education Ambattur

SAP FICO (Financial Accounting and Controlling)

Ms Office

Description - SAP FICO (Financial Accounting and Controlling)
SAP FICO (Financial Accounting and Controlling) is one of the core modules of SAP ERP (Enterprise Resource Planning) that focuses on financial management and accounting functions within an organization. It plays a crucial role in integrating various business processes and ensuring accurate financial reporting. Here is an overview of the SAP FICO course:

    1. Introduction to SAP:

    • Understanding the role of SAP FICO in enterprise resource planning.
    • Understanding the user interface and navigation.
    • Navigation and basic functionalities of the SAP system.


    2. Organizational Structure:

    • Defining organizational units in SAP FICO (Company Code, Business Area, etc.).
    • Understanding the organizational structure's impact on financial accounting.


    3. General Ledger Accounting (GL):

    • Configuration and management of the general ledger.
    • Chart of Accounts and its customization.
    • Posting and document management.
    • Integration with other SAP modules.


    4. Accounts Payable (AP):

    • Vendor master data creation and maintenance.
    • Invoice verification and processing.
    • Payment processing and management.
    • Integration with procurement and materials management.


    5. Accounts Receivable (AR):

    • Customer master data creation and maintenance.
    • Sales order processing and billing.
    • Revenue recognition and credit management.
    • Integration with sales and distribution.


    6. Asset Accounting (AA):

    • Management of fixed assets.
    • Asset acquisition, depreciation, and retirement processes.
    • Asset reporting and analysis.


    7. Controlling (CO):

    • Cost element accounting.
    • Cost center accounting.
    • Profit center accounting.
    • Internal orders and project accounting.


    8. Financial Statement Versions and Reporting:

    • Preparation of financial statements.
    • Customization and generation of financial reports.
    • Analysis and interpretation of financial data./li>


    9. Integration with Other Modules:

    • Understanding the integration points with other SAP modules like SD (Sales and Distribution), MM (Materials Management), and PP (Production Planning).


    10. SAP FICO Configuration:

    • Basic configuration settings and customization.
    • Implementation of business rules and policies.


    11. SAP FICO End-User Training:

    • Training end-users on day-to-day SAP FICO transactions.
    • Hands-on exercises and practical scenarios.