SAP FICO
SAP's most essential module is the FICO module. To become an SAP FICO consultant, you must put in a lot of effort and devotion to studying the process and configuration processes.
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- Regular: 2 Batches
- Weekends: 2 Batches
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About SAP FICO Course
You should not expect high pay at this time of your career. For the first few years, you should focus on mastering each component of the SAP FICO Course in Jharkhand module. After a few years of working as an SAP FICO Training in Jharkhand consultant, you may be able to move on to another company and earn higher pay. Awful efforts will endanger your promising Actions.
How to participate in a SAP FICO classes in Jharkhand
The entire process of obtaining entry-level roles in a company as an SAP FICO Course in Jharkhand consultant will take no more than 6 months.
When firms engage new hires from the market, they invest a significant amount of time and money to train these experts on the appropriate path to becoming an SAP FICO training in Jharkhand consultant. As a result, you must devote at least two years of your time to learning how a project works and what SAP FICO consultants do in a company.
If you have no financial history, we recommend taking a few months to study the fundamentals of accounting and accounting entries. This will aid you in comprehending the procedure.
Attend SAP FICO module training
Attend FICO module training at an authorised centre. FICO consists of two sections. These recognised centres provide instruction in either the FI or CO modules. You can enrol in either of the modules or take both FICO training. Finally, you must sit for exams that will earn you an asap FI or CO certification certificate. This certificate is extremely valuable in the job market.
You can also train on your own and become familiar with the SAP FICO classes in Jharkhand module. Many people with end-user experience have started their careers as SAP FICO consultants without training or certification because companies prefer them over freshers. Siemens is one of them.
The Natural Order of Things
SAP FICO's hierarchy points are aimed at growth. It provides you with a development structure that will assist you to improve in your career. Not only that, but it is also a possibility. Because they are interconnected using universal ideas, you can freely transition from ECC to other SAP products (such as HANA). This is why many FICO Specialists go to HANA after working in ECC for a while and updating their knowledge and skills.
How broad is the SAP FICO scope?
A large number of businesses use the ECC Model and FICO for the operational element of their sales process. As a result, a large number of FICO Consultants and end-users work on implementation and maintenance tasks. Not to mention, this is expanding daily. Businesses that were previously run on a non-ERP paradigm are gradually transitioning to ERP Software to conduct their operations more efficiently, successfully, and transparently. SAP is the most necessary ERP in the manufacturing sector because it is the greatest ERP software in the world. Feel as if we are not living on a sphere. Rather, an endless plane that gives the illusion of returning to the point of beginning.
What Jobs Are Available in SAP FICO classes in Jharkhand?
It appears that when a company implements SAP ERP, they also require FICO consultants to oversee its commercial and management functions. This creates a demand for professionals like you who want to advance your career in SAP FICO.
Organizations do list a large number of job openings on job boards daily. And this is true for everyone. You may examine the demand for SAP FICO consultants in India on numerous major job portals.
You should now have a good understanding of how much demand and supply there is in this business.
How do I seize a job in SAP FICO training in Jharkhand?
Here are some crucial aspects to consider when considering a job in SAP FICO:
You must first learn the subject to get a job in SAP FICO. It would be better if you followed the advice of an excellent trainer.
Significantly, it would benefit you to prioritise finding a good and qualitative trainer above selecting a training facility.
Make a to-do list whenever you plan to do something. This would inspire you to keep things in order, and you could also check to see how far you've come.
What are the tasks and roles of an SAP FICO consultant?
Configuration of the functional modules FI and CO of the SAP ERP system.
Implementation of Finance and Controlling (FI-CO) in the SAP ERP database.
Solving typical challenges by enlisting the help of FI and CO.
Material Management (MM), Production (P), Sales & Distribution (S&D), and other systems integration (SD).
End-user participation is utilized to collect business requirements.
SAP FICO: SAP FINANCE & SAP CONTROLLING
SAP FICO is divided into two parts: SAP Finance (FI) and SAP Controlling (CO). Each of which is utilised for a particular financial process. SAP FI is responsible for comprehensive financial reporting and accounting, whereas SAP CO is primarily focused on cost planning and monitoring. SAP FI and SAP CO were first introduced as different modules, but they are now so tightly interwoven that many people refer to them as one.
SAP FICO training in Jharkhand is also compatible with other SAP Logistics modules such as Sales and Distribution (SD), Production Planning (PP), Plant Maintenance (PM), Quality Management (QM), and Materials Management (MM).
SAP Financial Modules
SAP FI allows businesses to create financial statements for reporting and analysis. Balance sheets and profit and loss statements are two examples of financial statements.
SAP FI is made up of various sub-modules that deal with specialized accounting processes:
In a chart of accounts, the General Ledger stores all of the company's transaction data. This displays a list of all the accounts in the system. Transactions are recorded in sub-modules that can be synchronized with general ledger data in real-time.
Accounts Receivable is in charge of recording customer transactions and managing customer accounts. Invoice posting, credit memo posting, down payments, invoice payments, and executing customer reports are all examples of transactions.
Accounts Payable encompasses all vendor transactions and managed vendor accounts. Invoice posting, credit memo posting, down payments, invoice payments, automatic payments programme, and vendor report execution are all examples of transactions.
Asset Accounting oversees all transactions involving the company's fixed assets, such as land, buildings, and heavy equipment.
The Bank Ledger is in control of all bank account transactions and data for the company. It can reconcile all transactions on bank statements and compare them to transactions in the system.
Consolidation enables the organization to consolidate financial statements from many entities, offering an overview of the company's entire financial situation.
Funds Management is in charge of the income and spending budgets for the organization.
The Special Purpose Ledger in SAP FI defines the ledgers used for reporting.
Travel Management is in charge of all travel-related transactions, such as trip planning and travel-related payment processing.
Online Classes
Getting Online SAP FICO Training in Jharkhand is essential these days. Students and applicants interested in learning about technological advances can enrol in our Online SAP FICO classes in Jharkhand. SevenMentor & Training Pvt. Ltd.'s best instructors train and guide candidates to a successful career. Students can enrol in Online SAP FICO Course to assist them to accomplish their career goals. Online SAP FICO course in Jharkhand directs you in the proper direction and assists you in making the best selections.
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
Beginner, Intermediate, Advance
We are providing Training to the needs from Beginners level to Experts level.
Course Duration
90 Hours
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 |
---|---|---|---|---|---|
20/01/2025 |
SAP FICO |
Online | Regular Batch (Mon-Sat) | Jharkhand | Book Now |
21/01/2025 |
SAP FICO |
Online | Regular Batch (Mon-Sat) | Jharkhand | Book Now |
18/01/2025 |
SAP FICO |
Online | Weekend Batch (Sat-Sun) | Jharkhand | Book Now |
18/01/2025 |
SAP FICO |
Online | Weekend Batch (Sat-Sun) | Jharkhand | Book Now |
Students Reviews
Even after completing my three-month training course in simple financial FICO in S/4Hana...I've been coached and assisted by the teaching members here.
- Supriya Verma
I found this university to be one of the greatest, and I also secured a position with the Tata group of companies. I'd like to express my appreciation for the Institute.
- Vaishnavi Jaiswal
It has the greatest trainer who is highly talented and with 17 years of expertise, it is extremely easy to get yourself understood by the trainer with an easy and rapid approach.
- Devina Khare
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Corporate Training
Corporate SAP FICO Training in Jharkhand is accessible in a variety of formats. Experienced applicants can enrol in a Corporate SAP FICO Course in Jharkhand to quickly learn new skills. SevenMentor & Training Pvt. Ltd. offers both classroom and on-the-job training. As a result, those who have registered may be placed or perform well in their respective firms. Trainers guide candidates in such a way that they learn deeply. Our constant tests and exams enhance and expand the skills of candidates.
Our Placement Process
Eligibility Criteria
Placements Training
Interview Q & A
Resume Preparation
Aptitude Test
Mock Interviews
Scheduling Interviews
Job Placement
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