SAP FICO Training | SAP FICO Certification Course

Key Highlights

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50 Hrs Instructor Led Training

Self-paced Videos

5 Hrs Project & Exercises

Certification

Job Assistance

Flexible Schedule

Lifetime Free Upgrade

Mentor Support

Curriculum

A complete index of
job-ready skills curated
to meet the industrial need.
Explore.

Introduction

Start your SAP FICO training with a proper introduction to ERP and then move to SAP R/3 technology.

Introduction to ERP

Advantages of SAP over other ERP Packages

Introduction to SAP R/3 FICO

Introduction to G/L (NEW G/L)

A/R, A/P and AA

Introduction to Banking and Treasury Management

Introduction to CEA

CCA, EC-PCA, CO-PA and PC

Financial

This module works on all the basic financial settings required.

Set Countries and Currencies

Create Calendar

Creation and assignment of company and company code

Creation of business area

Creating Leading, Non- Leading and Rep Ledger

Defining and assignment of fiscal year variant

Defining and assignment of posting period variant

Defining open and closing posting periods, Defining document type & number ranges

Define Posting Keys and Maintenance and assignment of field status variants

Defining and assignment of tolerance groups of employees

Taxes on Sales & Purchases (input & output)

Creation of chart of Accounts

Defining Account Groups and Defining Retained Earnings Account

Defining tolerance groups for G/I accounts

General Ledger Accounting

This module gives a review of General ledgers, its settings and configurations.

Creation of General Ledger Master (with and without reference)

LSMW – Legacy System Migration Workbench (Idoc, Batch input, Bapi)

BDC -Batch Data Communication

Display/Change/Block/Unblock of general ledger master

Creation of Account assignment model and posting

Defining Recurring entry document

Run Schedule, Run Dates and posting

Creation of Sample Document and posting

Validations and Substitutions and Cross Company Codes

Parallel Currencies (Various Methods)

Defining Exchange Rate types and Translation ratios

Define Exchange rates & posting of foreign currency transactions

Interest Configuration (Balance Interest)

Configuration of line layouts for display of GL line items

Create Screen Layouts

Testing

This section aims at entry postings, display of line items and GL balances and much more.

Document Entry posting, normal postings, posting with reference

Display and change of documents

Display of GL balances and Line items

Parked documents & hold documents

Reversal of individual documents

Mass reversal

Reversal of cleared items and reversal of accrual and deferral documents

Bank Configuration

Learn what is House bank, calculation of interest, cash transaction effects and entries and much more in this module of training.

House Bank

Bank account interest calculation

Cash Journal

Validations For Cash Journal

Substitutions for Cash Journal

Lockbox

Lockbox Principles

Bank Reconciliation Statements: Automatic Bank Reconciliation

Manual Bank Reconciliation

Check Management

This module of training, educates you over cheque transactions, management and entries.

Individual check payment

Manual check payment

Check registrar

Check encashment

Loan Management

Learn loan management and much more in this module.

Individual check payment

Manual check payment

Check registrar

Check encashment

Accounts Receivable

Working with account receivable in this module of training.

Creation of customer account groups and assignment of number ranges

LSMW – Legacy System Migration Workbench (Idoc, Batch input, Bapi)

Creation of tolerance group for customers

Creation of customer master (display/change/block/unblock of vender master)

Item Interest Configuration

Down Payment Receive

Bills Receivable (In depth)

Customer Terms

Customer Discounts (In depth)

Reserve for Bad-debts

Risk Management (In depth)

Credit Control Area (In depth)

Fund Management (In depth)

Configuration of settings for Dunning

Automatic Clearing

User Exits

Train over the user exits in this module.

Functional

Field

Screen

Reserve For Bad Debts (RBD)

Learn the basic settings and configurations for bad debts in this module of training.

Basic Settings

Master Data

Accounts Payable

This is an important section of training, focussing over accounts payables.

Creation of vendor account groups and assignment of number ranges

LSMW – Legacy System Migration Workbench

Creation of vendor master (display/change/block/unblock of vender master)

Creation of tolerance group for venders

Item Interest Configuration

Down Payment paid, Bills payable (In depth)

Terms of Payment

Vendor Discounts (In depth)

Creation of house banks and account ids

Creation of check lots and maintenance of check register

Configuration of Automatic payment program

Defining correspondence & party statement of accounts

Automatic Clearing

Taxes

This module focusses over application of Taxes, prevailing and applicable taxes.

Input Tax

Output Tax

Excise Tax

Withholding Tax

Global Taxes

Testing

Learn concepts like partial payment and residual payment, vendor transactions and much more in this module.

Posting of customer transactions (sales invoice posting, payment posting, debit memo)

Settings for advance payment from parties (down payment)

Defining correspondence & party statement of accounts

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

Payment to vendors through APP

Asset under Construction

Data Migration

How is data migration done, purpose and the best practices are discussed in this module.

LSMW – Legacy System Migration Workbench

BDC – Batch Data Communication

ALE – Application Link Enabling

EDI – Electronic Data Interchange

IDOCS – Intermediate Document

Asset Accounting

Learn in detail about Asset accounting, its screen layout, need, functions and much more in this module.

Defining chart of depreciation

Defining account determination

Screen layout

Number ranges and asset classes

Integration with General Ledger & Posting rules

Creation of asset master and sub asset master (change/display/block/unblock)

Defining Depreciation key (base, declining, multilevel, period control methods)

Acquisition or purchase of assets

Sale of assets

Scrapping of assets

Transfer of assets

Post Capitalization and write up

Depreciation run

Line Settle of assets under construction of capital work in progress

Testing

Testing all asset related posting to be performed, in this section of SAP FICO training.

Asset Purchase Posting

Sale of Asset

Transfer of Asset

Scrapping of Asset

Cross- Company Code Transactions

Working with transactions occurring in G/L, A/P, A/R, in this module of online training.

Cross company codes transactions in G/L

Cross company codes transactions in A/R

Cross company codes transactions in A/P

Cross company codes transactions in ASSET ACCOUNTING

Cancellation cross company codes transactions

Integration With MM

This module demonstrates the integration of SAP FICO with SAP MM.

Movement types

Valuation class

Valuation area and Process key

Valuation grouping

Material types

Define plant

Define division

Maintain storage location

Maintain purchasing organization

Assign plant to company code

Assign business area to plant/valuation area and division

Assign purchasing organization to company code

Creation of material group, Maintain company code for material management

Define attributes of material types

Set tolerance group for purchase orders

Set tolerance limit group for goods receipt

Plant parameters, Maintain default values for tax codes

Set tolerance limits for goods receipt

Plant parameters, Maintain default values for tax codes

Set tolerance limits for invoice verification

Define automatic status change

Group together valuation areas

Configure automatic posting

Document type & number ranges

Material master creation

To open material periods

Testing

After integration with MM, this module focusses over cross checking the effectiveness and extent of integration.

Purchase order creation

Goods receipts

Invoices verification

Goods issue for consumption

Display material ledger

Display material document

Integration With SD

This module focusses over integration of FICO with SD.

Define sales organization

Define distribution channel

Define shipping point

Assign sales organization to company code

Assign distribution channel to sales organization

Assign division to sales organization

Setup sales area

Assign sales organization & distribution channel plant

Define rules by sales area, Assign shipping point to plant

Define pricing procedure determination

Define tax determination rules

Assignment of accounts for automatic postings

Setup partner determination

Assign shipping points

Creation of condition types

Testing

Demonstrate the Sales order hierarchy and its architecture.

Sales order creation

Delivery

Billing document

Screen Variants

Learn all about screen variants in this section.

Transport Request’s

User Creation

Train over how to create users and provide designation level access in this module.

Create users

Role Authorizations

Assign Tolerance to Users

Create and Assign Validations to Users

Create and Assign Substitutions to Users

FI/ SD Credit Management

After defining controlling areas, there are many more divisions and sub- divisions. Learn them in detail over here.

Define credit controlling areas

Decentralized credit management

Central credit management

Credit controlling are currency central organization

Assigning credit controlling are company codes

Assigning customer credit controlling

Creating credit data

Resetting credit limit

Postings without credit limit checks

Automatic credit control

Integration With HR

Look into how FICO is dependent and integrated into SAP HR, in this module.

Define symbolic accounts

Defining wages types

Mapping wages types to symbolic Accounts

Mapping symbolic accounts to G/L Accounts

Payroll posting with amount changes

Reverse posting

Check completeness

Utilizing the payment program

Cutover Activities

This module focusses over inventory takeover, other GL takeovers and much more..

Inventory Takeover

Receivable Takeover

Payable Takeover

Asset Takeover

Other GL Takeover

Final Preparation

The purpose of this phase is to prepare the SAP Business One system and the client organization for production to go-live. Learn the key activities performed in this phase.

Define Financial Statement Version

Balance carry forward Balances

Month ending Activities

Structure of Account Balances

FI- CO Tables

Reports

This module of will give an overview of how to generate reports .

Financial statement version

General Ledger

Accounts Payable

Accounts Receivable and Assets Reports

Controlling

Basic Settings For Controlling

This module will start with the basic configurations needed for CO controlling module of SAP FICO.

Maintain Controlling Area

Activate control indicators/ components

Defining Number ranges for Controlling Area

Maintain Planning Versions

Cost Element Accounting

Trains you over the primary and secondary cost elements in this module.

Creation of Primary and Secondary Cost Elements

Creation of Cost Element Groups

Primary cost element categories and Secondary cost element categories

Cost Center Accounting

Cost center accounting is an important concept in SAP FICO online training.

Defining Cost Center Standard Hierarchy

Creation of Cost Centers and cost center groups

Planning for cost center

Posting to cost centers

Repost of Costs, Overhead Calculation

Creation and Execution of Distribution Cycle

Creation and execution of assessment cycles

Cost center reports

Internal Orders

This module aims at teaching statistical internal order, order types, posting and much more.

Statistical Internal Order

Real Internal Order

Defining order types

Creation of internal orders

Planning of internal orders

Postings to internal order

Report of Variance analysis

Profit Center Accounting

What is automatic assignment of revenue elements, how to maintain profit centers and much more in this module.

Basic Settings for Profit Center Accounting

Creation of Dummy Profit Centers

Maintaining versions for profit centers

Creation of profit centers and profit center groups

Creation of revenue cost element

Automatic Assignment of Revenue elements for Profit Centers

Postings to profit centers

Planning and variance reporting

Fund Management

Train yourself on budget, its control, cash flow and much more in this module.

Grant’s management

Commitment Management

Budgetary Control

Curriculum_moduleCash Flow

Direct Method

Indirect Method

Product Costing

Defining Cost Component structure, it’s configuration will be demonstrated in this module.

Define Cost Sheet, Define cost component structure

Define MRP controller

Define production controller

Create bill of material

Creation of work centre

Creation of routing

Creation of cost estimate with quality structure

Profitability Analysis

Learn the components of Profit analysis in this module of training.

Defining the operating concern

Define profitability segment characteristics

Activating the profitability analysis

Creation of data structures

Follow of actual values

Creation of reports

Execution of reports

Define forms

Real Time Concepts

This section aims at letting students acquainted with real time hicupps of SAP FICO configuration.

SAP Methodology, LSMW – Legacy System Migration Workbench (Batch Input, IDOC, BAPI)

Data Migration, LSMW, BDC, ALE/EDI and IDOCS

BDC -Backup Domain Controller

Controlling (In depth)

SAP Query

Transport Request Creation and Release

Tickets

FAQS

Practice Test & Interview Questions

LTB offers advanced SAP FICO interview questions and answers along with SAP FICO resume samples. Take a free sample practice test before appearing in the certification to improve your chances of scoring high.

We have made a tailored curriculum covering the latest industry-ready concepts to serve every individual’s learning desires.

Project Details

We bring you the best learning experience by delivering all our training sessions practical. Following are the few use cases we shall discuss during the training.

SAP FICO Training Objectives

1. What are the SAP FICO Course Objectives ?

SAP FICO Training by Tekslate enables you to acquire the skills required for enhancing your career. Training by real-time trainers makes you proficient in concepts of Financial Accounting and Controlling at your Planned timings. With the support of our training, your awareness on SAP FICO achieves next level.
You can gain Practical Knowledge on topics like Taxes on sales and Purchases, Defining account and tolerance groups, Bank account interest calculation, Validation for cash journal, Individual check payment, Bills receivable, Down Payment Receive, Reserve for Bad debts, etc. Our constant live support solves your doubts right away. Real-time projects make you acquire real-time experience.

2. Why should one go with SAP FICO implementation ?

SAP FICO is considered as one of the most popular courses, which includes Financial Accounting and Cost control units in the SAP ERP. By enrolling in this course, you are eligible for getting high-paying jobs.

3. Who should attend SAP FICO Training ?

This training is advantageous for Accounting professionals, Business consultants and analysts, Project Managers.

4. What are the necessary prerequisites to learn SAP FICO ?

Previous knowledge of Accounting and SAP concepts is needed for attending this training.

5. What are the skills you acquire in this training ?

At the end of this training, you will have the ability to

Work with General Ledger Accounting.
Learn Product Costing and Profitability Analysis.
Master the settings for controlling.
Understand the Accounts Receivable and Payable.

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Training Options

Different individuals. Different upgrade goals. Different modes of learning.

We got solutions for everyone looking for an AWS Architect course. Opt in for your convenient upgrade option, and we will guide you through.

Duration

One-on-one Session

Support

Resources

Time

Fee

Live Online.

50 Hours

Yes

24x7

Additional tips from the trainer

30 July 2024, 07:00 AM

03 August 2024, 08:00 AM

Self-Paced

50 Hours

Weekdays & Working Hours

Accessible through LMS

At your convenience

SAP FICO Training Upcoming Batches

Weekday

30 July 2024 to 30 August 2024

07:00 AM

Weekend

03 August 2024 to 03 September 2024

08:00 AM

Weekday

06 August 2024 to 06 September 2024

07:00 AM

Weekend

10 August 2024 to 10 September 2024

07:30 AM

Schedules Doesn't Suit You ?

Our Team can set up a batch at your convinient time.

Corporates Training

Experience and witness the express transformation of your workforce from the world-class tech upgrade platform.

Customized training options

Tailored curriculum to fit your project needs.

Practical exposure is assured.

We have got everything covered for any IT upgrade for your organization. We are one click away.

Success Stories from Future Digital Leaders

I would recommend Tekslate to anyone looking for SAP Fico Training. I have been using their service for over a month and have found it immensely helpful. The trainers are always on time, the course material is comprehensive and the support staff is always willing to help.

Rajesh

As a student of Tekslate, I absolutely love it. The SAP Fico online classes are interesting, engaging and easy to follow. The instructors are always available for assistance and the cloud labs give me the chance to apply what I've learned in a hands-on manner.

Pooja

I took up SAP Fico Training with Tekslate and I'm very glad to say that I'm learning something new every day. The trainers are always very responsive and make sure I learn the necessary skills.

Srilekha

SAP FICO Training FAQ'S

Have questions? We’ve got the answers. Get the details on how you can grow in this course.

1. Who are the trainers?

We have a strong team of professions who are experts in their fields. Our trainers are highly supportive and render a friendly working environment to the students positively stimulating their growth.

2. What if I miss a class?

We will share you the missed session from our recordings. We at Tekslate maintains a recorded copy of each live course you undergo.

3. How will I execute the practical?

Our Trainers will provide the student with the Server Access ensuring practical real-time experience and training with all the utilities required for the in-depth understanding of the course.