SAP FICO

About SAP FICO

SAP FICO help you to learn the most common end-user and configuration functions in SAP’s financial accounting components. These courses are essential learning for end-users, IT/business analysts and SAP consultants alike.

Training Methodology

  • 30% Theory & 70% Practical

Course Duration

  • 50-60 Hours

SAP FICO Training Outline

SAP FI Training Syllabus

General Ledger Accounting

  • General Ledger Master
  • General Ledger Postings
  • General Ledger Parking and postings
  • Reversals
  • Automatic Clearing
  • Recurring Entries
  • Taxes
  • General Ledger Reports

Cash and Bank Accounting

  • Cash Journals
  • Cheque Management
  • House bank Masters
  • Bank Reconciliations

Accounts Payable

  • Vendor Master
  • Vendor Invoice Posting
  • Vendor Credit Memo
  • Vendor Down Payment
  • Vendor Down Payment Clearing
  • Vendor Outgoing payment
  • Partial payment against an invoice
  • Residual Payment
  • Automatic Payment Run
  • Withholding Tax (TDS)
  • Vendor Reports

Accounts Receivable

  • Customer Master
  • Customer Invoice Posting
  • Customer Credit Memo
  • Customer Down Payment
  • Customer Down Payment Clearing
  • Customer Incoming Payment
  • Partial payment against an invoice
  • Residual Payment
  • Customer Reports

Asset Accounting

  • Asset Master
  • Asset Procurement (Direct)
  • Asset Procurement (through MM)
  • Asset Retirements
  • Asset Scrapping
  • Depreciation Run

SAP FI Consultant Level:

  • Define a Company
  • Define a Company Code
  • Assign Company Code to Company
  • Define Chart of Accounts
  • Assign Company Code to Chart of Accounts
  • Setup Account Groups and their Number Ranges
  • Assign Fiscal Year Variant to Company Code
  • Assign Posting Period Variant to Company Code
  • Document Number Ranges for the Company Code
  • Assign Field Status Variant to Company Code
  • Define Employee Tolerance
  • Define Retained Earnings Account
  • Document types
  • Posting Keys
  • Validation and substitution
  • General Ledger Account Introduction
  • Reconciliation Accounts
  • Expense and Revenue GL Accounts
  • Account Assignment Model
  • Setup tolerance for customers and vendors
  • Customer Account Groups
  • Create number ranges for customer accounts
  • Assign number ranges to customer groups
  • Customer Master Record
  • Create Vendor Groups
  • Create number ranges for vendor accounts
  • Assign number ranges to vendor groups.
  • Create Vendor Master
  • Create underpayment account and Over payment accounts
  • Create cash discount account
  • Payment within tolerance (incoming)
  • Payment within tolerance (outgoing)
  • Configure Automatic Payment Program
  • Financial Statement Version
  • Cash Journals
  • House Bank Configuration
  • Check Management
  • Manual Bank Reconciliation
  • Asset Masters
  • Asset Number Ranges
  • Depreciation Areas
  • Asset General Ledger Account Determination
  • Depreciation Keys
  • NEW GL and Document Splitting concepts

SAP CO Training Syllabus

Controlling Area

  • Maintain Controlling Area
  • Assignment of Controlling Area
  • Activate Components/Control Indicators
  • Number Range
  • Maintain Versions

Master Records

  • Cost Element
  • Cost Center
  • Profit Center

Cost Element

  • Primary Cost Elements (Manual)
  • Secondary Cost Elements (Manual)
  • Automatic Creation of Primary and Secondary Elements

Cost Center Accounting

  • Define Standard Hierarchy
  • Create Cost Center
  • Create Cost Center Group

Transaction – Based posting

  • Number assignment for CO documents
  • Account assignment logic
  • Automatic and default account assignment
  • Transaction-based posting in CO

Profit Center Accounting

  • Define Standard Hierarchy
  • Create Profit Center
  • Create Profit Center Group
  • Define Dummy Profit Center

Repost CO Line Items (Using FI Document)
Statistical Key Figure