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SAP FICO Training

$399.00$899.00

SAP FICO (Financial Accounting and Controlling) is a core module in SAP ERP that integrates financial management and controlling processes for businesses. SAP FICO helps organizations track and manage their financial transactions, including general ledger, accounts payable, and accounts receivable. The “Financial Accounting” (FI) component ensures compliance with financial reporting standards, while the “Controlling” (CO) component focuses on internal cost management, budgeting, and performance analysis. It supports decision-making by providing insights into financial health and operational efficiency, making it essential for businesses to manage their finances effectively and ensure profitability.

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SAP FICO (Financial Accounting & Controlling) Training

⭐ Course Overview

Master the core SAP finance processes used by global enterprises to streamline accounting and financial operations. This SAP FICO training covers both FI (Financial Accounting) and CO (Controlling) components with real-world examples, hands-on exercises, and live project scenarios. Graduates will be industry-ready for roles in finance transformation and ERP consulting.

What You Will Learn

  • Introduction to Financial Accounting & Controlling

  • SAP Navigation & System Basics

  • General Ledger Accounting

  • Accounts Payable / Accounts Receivable

  • Asset Accounting

  • Cost Center & Profit Center Accounting

  • Internal Orders & Product Costing

  • Integration with MM, SD & HCM

  • Reporting & Month-End Closing Processes

  • Certification Preparation

Who Should Enroll

  • Finance professionals & accountants

  • ERP consultants

  • B.Com / M.Com / MBA graduates

  • IT professionals switching to SAP

Career Outcomes

  • SAP FICO Consultant

  • Financial Analyst

  • ERP Functional Consultant

  • Accounting Systems Specialist

Key Features:

  • 40+ Hours of Online Training
  • Comprehensive training on the latest SAP technologies and tools
  • Access to expert instructors and a supportive community of fellow learners
  • Course completion certificate
  • Real time end-to-end project implementation
  • Flexible learning options to fit your schedule
  • Guaranteed SAP Global certification (*Exam Fee is not included in the training fee)
  • LMS Subscription for life Time
  • 100% Job Support end-to-end
  • Free Server access

COURSE CONTENT

  • INTRODUCTION TO SAP
    Introduction to ERP and SAP
    History of SAP
    What is SAP / R/2-R/3 & S4 HANA ARCHITECTURE
    SAP Server landscape
    OVERVIEW OF FICO
    Role and Responsibility of a Consultant
    Type Of Project
    Logging on to the SAP System
    Creating Favorites & Adding T-code to Favorites
  • FINANCIAL ACCOUNTING BASIC SETTINGS
    Definition of company
    Definition of company code
    Assignment of company-to-company code
    Definition of business area
    Definition of fiscal year variant
    Assignment of fiscal year variant to company code
    Definition of posting period variant
    Assignment of posting period variant to company code
    Open and close posting period
    Defining document type & number ranges
    Maintenance of field status variants
    Assignment of field status variant to company code
    Definition of tolerance groups for GL accounts
    Definition of tolerance groups for employees
    Assignment of tolerance groups to users
    Taxes on Sales & Purchases (input & output)
    Creation of chart of Accounts
    Defining Accounts Groups
    Defining Retained Earnings Account
  • GENERAL LEDGER ACCOUNTING
    Creation of General Ledger Master (with and without reference)
    Display/Change/Block/Unblock of general ledger master
    Document Entry posting normal postings and posting with reference
    Display and change of documents
    Display of GL balances
    Display GL account line items
    Parked documents
    Hold documents
    Creation of Sample Document and postings with sample documents
    Defining recurring entry document and postings with recurring doc.
    Creation of account assignment model and posting
    Configuration of line layouts for display of GL line items
    Reversal of individual documents, mass reversal, reversal of cleared items and
    reversal of accrual and deferral documents
    Defining Exchange Rate types and Translation ratios
    Define Exchange rates & posting of foreign currency transactions
  • ACCOUNTS PAYABLE
    Creation of vendor/BP account groups
    Creation of number ranges for vendor/BP master records
    Assignment of number ranges to vendor account groups
    Creation of tolerance group for venders/BP
    Creation of vendor/BP master (display/change/block/unblock of vender master)
    Posting of vendor transactions (invoice posting, payment posting, credit memo)
    Settings for advance payments to parties (down payment) and clearing of down
    Payment against invoices (special GL transactions)
    Posting of partial Payment & Residual Payment
    Creation of payment terms,
    Creation of house banks and account ids.
    Creation of check lots and maintenance of check register
    Display check register
    Cancellation of unissued checks
    Creation of void reasons
    Cancellation of issued checks
    Configuration of automatic payment program
    Payment to vendors through APP
    Defining correspondence & party statement of accounts
  • ACCOUNTS RECEIVABLE
    Creation of customer/BP account groups
    Areation of number ranges for customer/BP master records
    Assignment of number ranges for customer account groups
    Creation of tolerance group for customers/BP.
    Creation of customer master (display/change/block/unblock of vender master)
    Posting of customer transactions (sales invoice posting, payment posting, debit memo)
    Settings for advance payment from parties (down payment)
    Configuration of settings for dunning
    Generating the dunning letters
    Defining correspondence and party statement of accounts
  • ASSET ACCOUNTING
    Defining chart of depreciation
    Creation of 0% tax codes for sales and purchased
    Assignment of chart of depreciation to company code
    Defining account determination
    Definition of screen lay out rules
    Definition of number ranges for asset classes
    Integration with General Ledger & Posting rules
    Defining Depreciation key
    Definition of multilevel methods
    Definition of period control methods
    Creation of main asset master records
    Creation of sub asset master records
    Acquisition of fixed assets
    Sale of fixed assets
    transfer of assets
    Scrapping of assets,
    Depreciation runs
    Line-item Settlement of assets under construction of capital work in progress
  • TAXES
    Tax on Sales & Purchase (GST)
    Withholding Tax (TDS)
  • CASH JOURNAL
    Cash Journal Configuration
    Cash Journal Transaction
  • NEW GENERAL LEDGER ACCOUNTING
    Parallel ledgers
    Document splitting
    Segments
  • VALIDATION & SUBSTITUTION
    Define validation & substitution
    GL Posting to check validation & substitution
  • INTEGRATION OVERVIEW
    FI-MM
    FI-SD

CONTROLLING

  • BASIC SETTINGS FOR CONTROLLING
    Defining Controlling Area
    Defining Number ranges for Controlling Area
    Maintain Planning Versions
  • PROFIT CENTER ACCOUNTING
    Basic settings for Profit Center
    Creation of dummy profit center
    Creation of profit center
    Display/Change master records
    Assigning profit center to cost center
  • COST CENTER ACCOUNTING
    Introduction of Cost Center
    Creation of Cost Center
    Display/Change master records
    Posting to Cost Center
    Cost Center reports
  • REPORTS
    Financial statement version
    General Ledger, Accounts Payable, Accounts Receivable
    and Assets Reports

Our SAP Training Portfolio

Functional Modules

  • SAP FICO

  • SAP SD

  • SAP PP

  • SAP PM

  • SAP HCM

  • SAP CO

  • SAP PS

Technical Modules

  • SAP Core ABAP

  • SAP ABAP on HANA

  • SAP RAP

  • SAP BASIS

Analytics & Cloud

  • SAP BW/4HANA

  • SAP BW on HANA

  • SAP SAC

  • SAP ARIBA

  • SAP GRC


Who Should Enroll?

  • IT Professionals transitioning into SAP

  • Finance & Accounting Managers

  • Manufacturing & Supply Chain Leaders

  • HR & Payroll Specialists

  • Risk & Compliance Officers

  • SAP ECC professionals upgrading to S/4HANA


Average Salary Outcomes (US Market)

  • SAP FICO: $110K – $150K

  • SAP ABAP on HANA: $115K – $160K

  • SAP SD: $105K – $145K

  • SAP GRC: $120K – $165K

Additional information

Training Type

Online Instructor Led, Online Self-paced (recorded videos)

Training Days

Monday – Friday (Morning), Monday – Friday (Evening), Saturday – Sunday (Morning), Saturday – Sunday (Evening), NA

17 reviews for SAP FICO Training

  1. “I attended the SAP FICO batch last month and it exceeded my expectations. The trainer explained both FI and CO integration clearly with real business examples. As someone from accounting background, I found it extremely practical and interview-oriented.”

  2. “Good real-time examples and integration with MM and SD explained well.”

  3. “Excellent coverage of controlling module. Profit center and internal order configurations were clearly demonstrated.”

  4. “Clear explanation of integration points.”

  5. “The S/4HANA finance topics were explained step-by-step. I especially liked the asset accounting and controlling part. Good support from the team even after sessions.”

  6. “Best SAP FICO training I have attended so far.”

  7. “Good content and pacing. Some sessions were intense but worth it. The trainer answered all configuration doubts patiently.”

  8. “Overall a good learning experience. Recordings were provided which helped me revise.”

  9. “Very structured and hands-on training. The mock interview sessions helped me gain confidence. I recently cleared an SAP FICO support role interview.”

  10. “Practical training, not just theory.”

  11. “Highly recommend for finance professionals moving to SAP.”

  12. “Very professional delivery. The trainer has strong industry experience.”

  13. “I liked the case-study-based explanation of cost element accounting.”

  14. “Very interview-focused training.”

  15. “Helped me understand configuration end-to-end.”

  16. “Assignments were practical.”

  17. “Coming from a non-SAP finance background, this course gave me clarity on GL, AP, AR, and cost center accounting.”

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