SAP FICO Fundamentals

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Course Duration

Placement's

Offline

8 Weeks

100%

Description:

The SAP FICO Fundamentals course provides participants with a comprehensive understanding of SAP’s Finance and Controlling modules. Participants will learn key concepts and functionalities of SAP FICO, including financial accounting, management accounting, financial reporting, and controlling processes. Through a combination of theoretical learning and practical exercises, students will gain proficiency in configuring SAP FICO modules, performing core financial transactions, and generating financial reports.

Key Topics :
  • Introduction to SAP FICO

  • Overview of SAP ERP and SAP S/4HANA

  • Organizational Structures in SAP FICO

  • Master Data Management (GL Accounts, Cost Centers, Profit Centers)

  • General Ledger Accounting (Posting, Document Reversal, Parked Documents)

  • Accounts Payable (Vendor Master Data, Invoice Processing, Payment Processing)

  • Accounts Receivable (Customer Master Data, Invoice Processing, Payment Processing)

  • Asset Accounting (Asset Master Data, Depreciation, Asset Acquisition and Retirement)

  • Controlling Area and Cost Element Accounting

  • Cost Center Accounting

  • Profit Center Accounting

  • Internal Orders and Profitability Analysis

  • Financial Reporting (Balance Sheet, Income Statement, Cash Flow Statement)

  • Integration with Other SAP Modules (MM, SD)

Prerequisites: Basic understanding of accounting principles and familiarity with SAP system navigation is recommended.

Upon completion of the course, participants will have a solid understanding of SAP FICO modules and be able to perform core financial transactions, configure SAP FICO modules, and generate financial reports using SAP ERP or SAP S/4HANA. They will be equipped with the skills necessary to work effectively in SAP FICO projects and contribute to the implementation and optimization of SAP FICO solutions within organizations.

  • Finance professionals seeking to enhance their skills in SAP FICO for career advancement or job roles requiring SAP FICO expertise.

  • SAP consultants and analysts interested in specializing in SAP FICO implementation and configuration.

  • IT professionals looking to transition into SAP FICO consulting or support roles.

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