Tag Archives: SAP FICO Tutorial

SAP FICO Training

SAP FICO Training By Experts,  Online SAP FICO Training with Certification Material. Best institute for Live SAP FICO Online Training classes in Hyderabad Bangalore USA, ✓Certification Material  ✓Free Demo ✓Job Support ✓Pay Installments*

 

 

 

SAP FICO Training Course Contents

 

Overview of SAP FICO

  • What is Finance and Controlling
  • Sub modules in Finance and Controlling
  • Introduction to General Ledger Accounting
  • Introduction to Accounts Receivables
  • Introduction to Accounts Payables
  • Introduction to Assets Accounting
  • Introduction to Controlling
  • Concepts of Integration with MM and SD and CO

 

Financial Accounting

 

Global Parameters-Basic Configuration Steps

  • Company and Company Code
  • Business Area and Credit Control Area
  • Field Year Varian-Types of Fiscal Years
  • Chat of Accounts-Types of COA
  • Account Groups
  • Posting Period Variant
  • Document Types
  • Field Status Variants & Groups
  • Multiple Currencies
  • Introduction to Multiple Ledgers
  • Other Aspects of Global Parameters G/L & new
  • Tolerances for employee groups

 

General Ledger Concepts

  • Retained Earnings and importance of Retained Earnings
  • Tolerance Groups for Employees
  • Exchange Rate Maintenance
  • Foreign Currency Valuation and Translation
  • Financial Statement Version
  • Transfer Balances and Carry Forward( Balance Sheet & P&L ltems)
  • Posting keys
  • Documents in G/L – Park & Posy, Hold, Recurring, Account Model etc…
  • G/L Reports
  • Month end closing and year end closing

 

End user Activities with respect to GL Accounting

  • Posting of GL documents
  • Multiple Line item Posting
  • Document parking and Holding
  • Blocking and Unblocking of GL Accounts
  • Reference Documents
  • Fast Data Entry
  • Reversal of Documents, Single and Multiple Reversals
  • Posting in Foreign Currency transactions
  • Generating GL related reports

 

New GL Concept

  • Importance and advantages of using of New GL in FI
  • Activating Document Splitting
  • Parallel Ledges
  • Posting in parallel legers
  • Define Currency for Additional Ledgers

 

Accounts Receivables

  • Customer Account Groups
  • Document Types for Customers
  • Number Range assignment for Customer Account groups
  • Customer Master Data
  • Reconciliation Account for customer and Vendor Master Data
  • Posting of Customer Invoices
  • Treatment of Customer Down payments
  • Treatment of Bills of Exchange
  • Dunning
  • Treatment of Customer Discounts
  • Customer Credit Notes
  • Generating Customer Party statement of Account
  • Interest Calculations on Customer
  • Integration between SD and FI modules
  • Management information Reports

 

Accounts Payables

  • Vendor Account Groups
  • Document Types for Vendors Documents
  • Number Range assignment for Account groups
  • Vendor Master Data
  • Reconciliation Accounts for Vendor Account groups
  • Posting of Vendor Invoices
  • Down Payments to Vendors
  • Bank Guarantees with special GL indicators
  • Tax Calculation Procedure
  • Detailed Configuration of Extended withholding Tax
  • Automatic determination of G/L accounts for Taxes,
  • Automatic Payment program (APP) and House Banks
  • Cheque Register, Cheque Maintenance,
  • Management Information Reports for Vendor
  • Integration between FI and MM modules.

 

Bank Accounting

  • Configuration of House Banks
  • Electronic and Manual Bank statement
  • BRS entries.

 

Asset Accounting

  • Chart of Depreciation
  • Define 0% tax Codes for Asset Accounting
  • Asset Classes and Account determination of Asset Classes
  • Depreciation Areas
  • Screen Layout Rules and Number Range Assignments
  • Group Assets
  • Asset Master data (Main and Sub Assets), low value assets
  • Assets Acquisition (direct and AuC)
  • Asset retirement (Scrapping, with Revenue with Customer and without Customer)
  • Inter and Intra Asset Transfers
  • Asset Reports/ with Different variants and Asset explorer
  • Strategy on data Migration related to Assets ( Legacy Assets- Upload Process)

 

Integration

  • FI – MM Integration (Configuration from MM to attain PO, GR and IR
  • Account Assignment Categories PO and business process to be used with different Account Assignment Categories.
  • Valuation Area, Valuation class and its importance in Material Master.
  • Accounting Aspects from Material Master
  • Material Movement Types
  • OBYC and G/L account assignments from MM process
  • FI-SD Automatic Accounts determination
  • Revenue Reorganization Process in FI and SD Integration

 

Controlling

  • Basic settings in Controlling Area
  • Define Controlling Area
  • Number Ranges in Controlling Area
  • Concept of Versions in Controlling Area
  • Assignment of Controlling area to Company Codes
  • Importance of Different Fields in controlling Area
  • Controlling & Cost Element Accounting
  • Activity Type
  • Activity type categories
  • Planning and Budgeting of cost Elements
  • Cost Elements Categories
  • Cost Elements groups
  • Cost Elements groups

 

Cost Center Accounting

  • Cost Center Hierarchy
  • Cost Center Groups
  • Cost Center Categories
  • Posting entries in Cost Centers
  • Manual Reposting of Costs
  • Distribution and Assessment
  • Cost Center Planning
  • Information system Cost Center Reports

 

Internal Orders

  • Order Management in Controlling Area
  • Define and Assign Number ranges to Order Groups
  • Internal order Planning, budgeting.
  • AuC (Assets) Process with Internal Order (Real)
  • Information System (Reports) for Internal Orders

 

Profit Center Accounting

  • Maintain Profit Center and Activation of Company Codes in Profit Center
  • Control Parameters for Actual data
  • Plan Versions
  • Profit Center Groups
  • Distribution & Assessment
  • Repots in Profit Center Accounting.

SAP FICO Online Training

SAP FICO Online Training by Certified Experts Learn Online SAP FICO Training✓Course Material  ✓Free Demo ✓Job Support ✓Pay Fee in Instalments

Attend the Demo for free & you will find Spiritsofts is the best Online Training Institute within reasonable fee along with course materiel.

The Training in SAP FICO Course is every thing we explained based on real time scenarios,it works which we do in companies.

Experts Training sessions will absolutely help you to get in-depth knowledge on the subject.

 

For SAP FICO Demo Video

Key FeaturesCourse ContentFAQs
 45 hours of Instructor Training Classes                            24/7 Support

 Lifetime Access to Recorded Sessions                              Practical Approach

 Real World use cases and Scenarios                                 Expert & Certified Trainers

SAP FICO Online Training Course Contents

 

Overview of SAP FICO

  • What is Finance and Controlling
  • Sub modules in Finance and Controlling
  • Introduction to General Ledger Accounting
  • Introduction to Accounts Receivables
  • Introduction to Accounts Payables
  • Introduction to Assets Accounting
  • Introduction to Controlling
  • Concepts of Integration with MM and SD and CO

 

Financial Accounting

Global Parameters-Basic Configuration Steps

  • Company and Company Code
  • Business Area and Credit Control Area
  • Field Year Varian-Types of Fiscal Years
  • Chat of Accounts-Types of COA
  • Account Groups
  • Posting Period Variant
  • Document Types
  • Field Status Variants & Groups
  • Multiple Currencies
  • Introduction to Multiple Ledgers
  • Other Aspects of Global Parameters G/L & new
  • Tolerances for employee groups

 

General Ledger Concepts

  • Retained Earnings and importance of Retained Earnings
  • Tolerance Groups for Employees
  • Exchange Rate Maintenance
  • Foreign Currency Valuation and Translation
  • Financial Statement Version
  • Transfer Balances and Carry Forward( Balance Sheet & P&L ltems)
  • Posting keys
  • Documents in G/L – Park & Posy, Hold, Recurring, Account Model etc…
  • G/L Reports
  • Month end closing and year end closing

 

End user Activities with respect to GL Accounting

  • Posting of GL documents
  • Multiple Line item Posting
  • Document parking and Holding
  • Blocking and Unblocking of GL Accounts
  • Reference Documents
  • Fast Data Entry
  • Reversal of Documents, Single and Multiple Reversals
  • Posting in Foreign Currency transactions
  • Generating GL related reports

 

New GL Concept

  • Importance and advantages of using of New GL in FI
  • Activating Document Splitting
  • Parallel Ledges
  • Posting in parallel legers
  • Define Currency for Additional Ledgers

 

Accounts Receivables

  • Customer Account Groups
  • Document Types for Customers
  • Number Range assignment for Customer Account groups
  • Customer Master Data
  • Reconciliation Account for customer and Vendor Master Data
  • Posting of Customer Invoices
  • Treatment of Customer Down payments
  • Treatment of Bills of Exchange
  • Dunning
  • Treatment of Customer Discounts
  • Customer Credit Notes
  • Generating Customer Party statement of Account
  • Interest Calculations on Customer
  • Integration between SD and FI modules
  • Management information Reports

 

Accounts Payables

  • Vendor Account Groups
  • Document Types for Vendors Documents
  • Number Range assignment for Account groups
  • Vendor Master Data
  • Reconciliation Accounts for Vendor Account groups
  • Posting of Vendor Invoices
  • Down Payments to Vendors
  • Bank Guarantees with special GL indicators
  • Tax Calculation Procedure
  • Detailed Configuration of Extended withholding Tax
  • Automatic determination of G/L accounts for Taxes,
  • Automatic Payment program (APP) and House Banks
  • Cheque Register, Cheque Maintenance,
  • Management Information Reports for Vendor
  • Integration between FI and MM modules.

 

Bank Accounting

  • Configuration of House Banks
  • Electronic and Manual Bank statement
  • BRS entries.

 

Asset Accounting

  • Chart of Depreciation
  • Define 0% tax Codes for Asset Accounting
  • Asset Classes and Account determination of Asset Classes
  • Depreciation Areas
  • Screen Layout Rules and Number Range Assignments
  • Group Assets
  • Asset Master data (Main and Sub Assets), low value assets
  • Assets Acquisition (direct and AuC)
  • Asset retirement (Scrapping, with Revenue with Customer and without Customer)
  • Inter and Intra Asset Transfers
  • Asset Reports/ with Different variants and Asset explorer
  • Strategy on data Migration related to Assets ( Legacy Assets- Upload Process)

 

Integration

  • FI – MM Integration (Configuration from MM to attain PO, GR and IR
  • Account Assignment Categories PO and business process to be used with different Account Assignment Categories.
  • Valuation Area, Valuation class and its importance in Material Master.
  • Accounting Aspects from Material Master
  • Material Movement Types
  • OBYC and G/L account assignments from MM process
  • FI-SD Automatic Accounts determination
  • Revenue Reorganization Process in FI and SD Integration

 

Controlling

  • Basic settings in Controlling Area
  • Define Controlling Area
  • Number Ranges in Controlling Area
  • Concept of Versions in Controlling Area
  • Assignment of Controlling area to Company Codes
  • Importance of Different Fields in controlling Area
  • Controlling & Cost Element Accounting
  • Activity Type
  • Activity type categories
  • Planning and Budgeting of cost Elements
  • Cost Elements Categories
  • Cost Elements groups
  • Cost Elements groups

 

Cost Center Accounting

  • Cost Center Hierarchy
  • Cost Center Groups
  • Cost Center Categories
  • Posting entries in Cost Centers
  • Manual Reposting of Costs
  • Distribution and Assessment
  • Cost Center Planning
  • Information system Cost Center Reports

 

Internal Orders

  • Order Management in Controlling Area
  • Define and Assign Number ranges to Order Groups
  • Internal order Planning, budgeting.
  • AuC (Assets) Process with Internal Order (Real)
  • Information System (Reports) for Internal Orders

 

Profit Center Accounting

  • Maintain Profit Center and Activation of Company Codes in Profit Center
  • Control Parameters for Actual data
  • Plan Versions
  • Profit Center Groups
  • Distribution & Assessment
  • Repots in Profit Center Accounting.
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