Exam & Eligibility

SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module is very robust and covers almost all business process encountered in various industries. It is one of the very important and widely implemented modules in SAP.

SAP implementation helps in consolidating data for diverse business transactions and legal requirements. Financial Accounting module helps one to get real-time financial position of an enterprise in the market

Content Outline

SAP-FICO Training Content

  • Introduction
    • Introduction to ERP
    • Centralized and Decentralized System
    • What is VMware
    • What is SAP?
    • SAP Modules
    • SAP Management Console
    • Basic Navigation of SAP
    • SAP Solution Manager
    • SAP Architecture

  • Enterprice Structure
    • Define Company
    • Company Code
    • Define Business Area
    • Maintain Consolidation Business Area
    • Define Functional Area
    • SAP Management Console
    • Assign Company Code

  • General Ledgers
    • Define Charts of Accounts
    • Define Account Groups
    • Assign Company code to Chart of Accounts
    • Creation of General Ledger Master Records
    • Sort Key
    • Holding Documents
    • Parking Documents
    • Assignment Model
    • Recurring Documents

  • Settings in Financials Module
    • Manitain Control Area
    • Set Controlling
    • Creation of Profit Center/Master Records
    • Classify GL Accounts for Document Splitting
    • Zero Balance Clearing Account
    • Document Splitting

  • Exchange Rate Configurations / Currency valuations
    • Define translation ratio for currency translation
    • Enter exchange rates
    • Exchange rate differences setup

  • Financial Accounting Global Setting
    • Maintain Fiscal year variant
    • Assign company code to fiscal year variant
    • Leading ledger and Non leading ledger
    • Assign Open posting period variant to the company code
    • Define Field status variant
    • Assign Field status variant to the company code
    • Define document number ranges for general ledger view
    • Define tolerance group for employees
    • Assign users to tolerance group
    • Define tolerance group for customers and vendors

  • Cash Journal
    • Define the General ledger Account for Cash journal
    • Setup cash journal
    • Create, change or delete business transactions
    • Setup print parameters for cash journal
    • Posting to cash journal

  • Accounts Receivable
    • Define Customer Account Groups
    • Define Number Ranges for Customer Account Groups
    • Tolerance Groups for Customers
    • Enter Accounting clerk’s identification code or information
    • Creation/Change of Customer Master Records
    • Company Code Data
    • Sales Organization
    • Partner functions
    • Creation of Customer Invoice/Credit Memo
    • Define and Maintain Payment Terms

  • Dunning
    • Define dunning areas
    • Define dunning procedures
    • Assign dunning procedure in customer master
    • Sales invoice posting for dunning
    • Dunning run

  • Accounts Payable
    • Define Vendor Account Groups
    • Assign Number Ranges to Vendors
    • Enter Accounting clerk’s identification code or information
    • Creation and Change of Vendor Master Records
    • Creation of Vendor Invoice and Credit Memo
    • Maintain and Define Payment/Installment Terms

  • Bank Accounts
    • Creation of House banks
    • Define number ranges for cheques
    • Configuring the Sequential/Non-Sequential cheques
    • Creation of Manual Cheques
    • Cheque Encashment
    • Issued Cheques and Cash Register

  • Asset Accounting
    • Cheque calculation procedure
    • Assign the calculation procedure
    • Chart of Depreciation
    • Specify transfer of APC values
    • Assign Chart of Accounts to Company code transaction
    • Setup areas for parallel valuation
    • Specify Account determination
    • Create Screen Layout Rules
    • Define Asset classes
    • Creation of GL Master – different accounts
    • Integration with GL Accounting
    • Acquisition and production cost
    • Specify intervals and posting rules
    • Specify Account Assignment types for Account Assignment Objects

  • House Bank
    • Manual cheque creation
    • Entering the cheque lot
    • Sequential cheques and Non sequential cheques
    • Cheque encashment
    • Cheque printing program
    • Making the lost or damaged cheques void in the system
    • Maintenance of Cheque Register

  • Reports in SAP
    • Report to view the P&L and the Balance Sheet
    • Other important reports in GL, AR and AP
    • View/Display the Balance Sheet
    • Trial Balance
    • Ledger Wise Balances.
    • Vendor Wise Purchases
    • Display Changes of Vendor Master Data
    • List of Vendor Line Items
    • List of Down Payment Open Items-Vendors
    • Customer List Customer Wise Balances
    • Customer Wise Outstanding Balances
    • Customer Master Data/Addresses
    • Customer Wise Sales
    • Open Down Payment Customers
    • Bills of Exchange
    • Display Changes of G/L Accounts
    • Budgeting and Variance Reports
    • Reports to view the Cost Centers

SAP Certification Eligibility

  • Basic Knowledge of Accounting
  • Basic Knowledge of Finance Business Process
  • Basic Knowledge of Computer Operations

Course Duration: 30 hours

Course Schedule: Weekend and Weekday Classes

Benefits of SAP FICO

  • SAP gives a more competitive cost of finance and also serves you innovate processes, team up with partners across a supply chain
  • Demand for SAP FICO professional is not restricted to major cities it is shared across the globe.
  • SAP FICO professionals help end user to distinguish technical features of module.
  • FICO has been designed to meet all accounting and reporting requirements.
  • FICO offers highly sophisticated means of financial transaction reporting and better handling of accounts.
  • SAP FICO module is believed to be the central point of an integrated SAP system because everything that has a financial impact on the other modules results in flowing to FICO automatically in real time.
  • FICO system can track and report on multiple companies across countries with different currencies.
  • SAP FICO also automates credit and collections management and disputes if any.
hussain saifee
Hussain Saifee

As genuine i get best facility and faculty from British Columbia international academy is great experience with bcia...the environment and classroom are all best place to get your Certification and go ahead in your career

Natasha Pais

The best SEO & Digital Marketing course I've pursued from the British Columbia International Academy. Very flexible classes, convenient schedules and efficient tutors. I highly recommend this Institute for Basic & Advance course for Career Development.

Anum Mujeeb

I am currently pursuing CMA and the lecture are very much informative from the academic point of view as well as from the professional point of view. The ambience and the atmosphere is also encouraging So anyone who is planning to pursue CMA I will certainly recommend British Columbia International Academy

Sakina Shakir

one of the amazing institute . the fees structure is very nice and also very flexible with everything

Your Feedback