SAP FICO
The two components of SAP FICO are SAP Finance (FI) and SAP Management (CO). Each is crucial for a successful financial process. While SAP CO concentrates on designing and value monitoring, SAP FI deals with general financial accounting and reporting.
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- Regular: 2 Batches
- Weekends: 2 Batches
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About SAP FICO
A crucial practical component of SAP ERP, SAP FICO enables a business to manage a close version of economic group action data. Previously distinct modules, SAP FI and SAP CO are now referred to as just Modules. An SAP ERP module called SAP FICO may be used for both internal and external financial reporting. The objective is to keep track of every financial transaction that the business records and create a plan that will be accurate at the end of the trading session. . The SAP FICO summary and, by extension, the SAP FICO module's primary functionalities are explained in this fundamental SAP FICO tutorial. Sub-modules of SAP FICO make up SAP FI. Accounts Receivable, Accounts Payable, Fixed Assets, General Accounting, and Banking are the least often used sub-modules. Each module is connected and tuned live. Since all submodules are connected, only one check balance will ever be drawn, and it is frequently balanced. The mixing of the FICO SAP modules is depicted in the diagram below. SAP FICO's purpose is to help businesses create financial statements. Reports and analyses require an understanding of finances. aids in improved cognitive function and successful business planning. Other SAP provision modules, such as Production Designing (PP), Sales and Distribution (SD), Quality Management (QM), Materials Management (MM), and Plant Maintenance, are also compatible with SAP FICO (PM).
Why is SAP FICO knowledge required?
The reasons why you need to study SAP FICO are listed below.
Choose a profession that is in demand. Multinational firms and other large corporations now choose to employ SAP-certified professionals. These days, there aren't many SAP consultants. SAP specialists are in high demand as a result. You can find a legitimate career in this industry with the SAP certification. The increasing significance of SAP Systematically preparing money management systems is made easier with SAP FICO. The majority of the business process is covered by the use of this software package. It enables affordable, straightforward request processes and allows SAP experts to maintain their certification. Find out more about SAP if you're eager to seek a career in this expanding industry. This enhances your resume. The Most Subtle Module of Today There are numerous components of the SAP FICO module that are used for various financial objectives. The core components of SAP FICO include General Ledger, Bank Accounting, Accounts Payable, Accounts Receivable, and Travel Management. Because SAP FICO is incredibly adaptable and simple to use, it is favored by businesses all over the world. SAP FICO is used by numerous businesses nowadays. It is highly sought-after. You can finish the training with the SAP FICO course in Chandrapur and maintain your competitiveness in the IT industry.
Is a career in SAP FICO good?
Positively, a career at SAP FICO is still rewarding and difficult. Even higher if you have a background in finance or accounting.
The quality and demand for SAP, the top ERP in the globe, are growing daily. It provides you with a wide range of job options in your industry. Although SAP has released numerous HANA versions, coding remains the foundation. You ask this question to yourself on a frequent basis as a prospective SAP. This is one of the most frequently asked questions about a job at SAP FICO.
What makes SevenMentor SAP FICO in Chandrapur the only option?
The best SAP FICO training in Chandrapur may be found at SevenMentor, a reputable institution. It assists students in gathering extra information and locating jobs in reputable international businesses while supporting current trade standards. We provide economical SAP FICO coaching with a 100% job guarantee. Thus, our strategy is cost-effective. This course will enable learners from all backgrounds to achieve their goals. A group of instructors is available for SAP FICO classes in Chandrapur. You have ten years of work experience. They serve as advisors and currently cover the subjects they teach. With practical industrial applications, you pay time. The trainers are experts who work for large, global corporations. From the basic level of SAP FICO to the advanced level, they provide you with useful information. The "learn by doing" method is popular with them. You get insightful knowledge through authentic simulations and useful tasks. ERP Introduction, Financial Accounting, Cost Accounting, Accounts Payable, Accounts Receivable, Quality Accounting, Reporting, Basic Management Setup for Controlling, Value Center Accounting, CO Internal Orders, Profit Center Accounting, COPA reportage, and Integration are all part of the SAP FICO training course in Chandrapur. We have a variety of study resources available for the SAP FICO course in Chandrapur. Books, video lectures, PDF files, example queries, technical and HR interview questions, and projects are all part of our course materials. For their SAP FICO data, our qualified trainers have won numerous major honors. They will provide you with extensive project training, limited project training, real project preparation, interview preparation, and employment support during the SAP FICO course in Chandrapur. Our instructors will communicate technical concepts even more effectively. SevenMentor provides cutting-edge infrastructure and lab resources.
We have reasonably priced, always-available laboratory facilities at the SAP FICO course in Chandrapur. Depending on their schedules, our students will visit the labs an endless number of times. Students have access to amenities such as practical lecture halls with local area network connections, projectors, live racks, and digital pads. In Chandrapur, SevenMentor provides customized, ongoing, and weekend SAP FICO courses. The course is open 24 hours a day. We frequently also offer accelerated coaching. For students to learn effectively, other options include online training and corporate training in addition to traditional classroom instruction. Trainers lead temperament development sessions with spoken English and cluster discussions during the SAP FICO classes in Chandrapur. Additionally, they help pupils develop their artistic and presentational abilities. You could get a certificate once you've finished the SAP FICO course. Our certification is accepted all over the world. We offer our students a 100% job guarantee, and our placement team actually hires employees for foreign businesses. The instructors will help you prepare for tough interviews and create resumes that adhere to modern corporate standards. For you to have a successful career in this industry, SevenMentor offers reasonable and acceptable SAP FICO data with a 100 percent job guarantee and economical prices. It's the one that is the simplest for you.
Online Classes
Multiple course enrollment always benefits us and increases our expertise. We are guided and are led along a longer career path by the knowledge that can boost our careers. Nearly all specialties are well-trained at SevenMentor & Training Pvt. Ltd. Our instructors supervise and direct our students toward success. Students who take an online SAP FICO course in Chandrapur might learn new skills and get hired by a reliable company. Our evaluations and discussions absolutely inspire students and give them confidence.
Course Eligibility
- Freshers
- BE/ Bsc Candidate
- Any Engineers
- Any Graduate
- Any Post-Graduate
- Candidate seeking this course
Syllabus of SAP FICO
- 1. Introduction to SAP R/3
- Introduction to ERP, Advantages of SAP over other ERP Packages
- SAP Implementation methodology
- Overview of different modules in SAP
- Common SAP Terminologies
- Introduction to SAP R/3 FICO
- 2. Financial Accounting Basic Setup
- System Backbone - Enterprise Structure setup in SAP
- Company code
- Operating Concern
- Controlling area
- Chart of Accounts
- Business Area
- Functional Area
- Credit controlling area
- 3. General Ledger Accounting
- Deep dive - Chart of Account
- Accounts Groups & Master-data significance
- Driving Factors of Accounting postings in SAP:
- Document type
- Number ranges
- Posting Keys
- Fiscal year variant
- Posting period variant
- Field status variants
- Exchange rates and Currencies
- Reconciliation Accounts
- Retained Earning Account
- Accrual or Deferral Postings
- Parked Document
- Fast Data entry in GL
- Concept of Open-item Clearing
- Tolerance group
- Define Financial Statement Version
- Balance carry forward Balances
- Forex Revaluation
- Reports in SAP for GL Accounting
- Substitution and Validation
- 4. Accounts receivable
- Introduction to Sub-ledger – Accounts receivable
- Customer account groups and assignment of number ranges
- Customer masterdata and significance
- Customer Payment Terms and Discounts
- Receiving Down Payment
- Bills Receivable
- Dunning
- Detailed Explanation of Oder to Cash flow in SAP
- FI-SD Integration
- Billing Documents (FI Invoice, SD Invoice, Credit memos)
- Customer Payment and clearing
- Credit management in SD module (Master-data, transaction and reports)
- Reports in SAP for AR
- 5. Accounts Payable
- Introduction to Sub-ledger – Accounts payable
- Vendor account groups and assignment of number ranges
- Vendor master-data and significance
- Vendor Payment Terms
- Payment Method configuration
- Configuration of Automatic Payment Program, Payment run, Payment Advise
- Detailed Explanation of Procure to Pay flow in SAP
- FI-MM Integration, Configuration of automatic posting
- GR/IR clearing
- Posting of partial Payment & Residual Payment
- Down Payment Paid
- Banking Setup
- Bank Reconciliations Statements
- 6. Asset Accounting
- Fixed Asset Life Cycle
- Asset masterdata: Creation of asset master (change/display/block/unblock).
- Define chart of depreciation, Depreciation Area
- Define Automatic account determination
- Defining Depreciation key
- Define Asset Class
- Acquisition or purchase of assets, sale of assets.
- Scrapping of assets, Transfer or retirement of assets.
- Asset under Construction and settlement to Final Asset
- Depreciation run.
- 7. Taxation
- Introduction to Tax procedure
- Input Tax / Output Tax
- Withholding Tax
- Reports for Taxation purpose
- 8. Month Ending Activities
- Important Standard SAP Reports
- Closing in Difference Modules
- Cross-tower dependent closing activities
- Year end activities
Trainer Profile of SAP FICO
- Our trainers have in total more than 12+ years of experience in corporate HR.
- They have a diverse experience of working with stakeholders across geographies and have created and implemented different HR strategies.
- Worked across different profiles within HR functionality like recruitment, talent management, payrolls, and HRBP before getting into training. In training, she started imparting training in Softskill then also into Techno- functional training as she has associated with IT Product Co.
- They have the flair for languages and fluency to explain complex HR concepts easily to students coming from backgrounds and years of experience.
SAP FICO Exams & Certification
SevenMentor Certification has the credibility to enhance your knowledge and pave a road for a successful career in corporate as a Human Resource profession. We will not only provide you theoretical and practical sessions but also groom you to be effective in the ever changing role of HR professional.
Proficiency After Training
- Can consolidate the data related to HR
- Analysis the productivity of the Human resources of the organisation
- Track the ROI
- Improved reporting capabilities
Key Features
Skill level
From Beginner to Expert
We are providing Training to the needs from Beginners level to Experts level.
Course Duration
12 weeks
Course will be 90 hrs to 110 hrs duration with real-time projects and covers both teaching and practical sessions.
Total Learners
2000+ Learners
We have already finished 100+ Batches with 100% course completion record.
Frequently Asked Questions
Batch Schedule
DATE | COURSE | TRAINING TYPE | BATCH | CITY | REGISTER |
---|---|---|---|---|---|
30/12/2024 |
SAP FICO |
Online | Regular Batch (Mon-Sat) | Chandrapur | Book Now |
31/12/2024 |
SAP FICO |
Online | Regular Batch (Mon-Sat) | Chandrapur | Book Now |
28/12/2024 |
SAP FICO |
Online | Weekend Batch (Sat-Sun) | Chandrapur | Book Now |
28/12/2024 |
SAP FICO |
Online | Weekend Batch (Sat-Sun) | Chandrapur | Book Now |
Students Reviews
The SAP FICO course by SevenMentor’s seems great and was worth very much as it was quite elaborate and easy to learn.
- Neil Kaate
This course puts a light on all the aspects and the mentors are quite patient too!
- Chinmay Limaye
Had a really great and educational time while learning this course! Totally worth it!
- Monika Late
Course video & Images
Corporate Training
Candidates with experience are always welcome. Employees who have completed training with SevenMentor & Training Pvt. Ltd. may enroll in the Corporate SAP FICO Course in Chandrapur. Employees breeze through our tests and practicals. If you want to grow in your career, your objective should be to increase your knowledge. Our goal in developing your talents at SevenMentor & Training Pvt. Ltd. is to capitalize on your curiosity. Your career path may be changed by our standard evaluations and placements. You can successfully and carefully select your career thanks to it.
Our Placement Process
Eligibility Criteria
Placements Training
Interview Q & A
Resume Preparation
Aptitude Test
Mock Interviews
Scheduling Interviews
Job Placement
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