SAP FICO (beginner to guru)

Uplatz offers this beginner to guru level training on SAP FICO (Finance and Controlling). This is video-based online course (self-paced training). You will be awarded Course Completion Certificate at the end of the course.

SAP FICO, consisting of SAP FI (Financials) SAP CO (Controlling) components, is used to hold an organization's financial data and also aids in the analysis of a company's financial circumstances in the market, whereas SAP CO aids in the coordination, monitoring, and optimization of all processes inside the business. Financial controlling – credit control, maintaining fiscal year variation and tax code, assigning the business code to a chart of accounts, and other fundamental accounting and reporting functions are managed through SAP FICO module.

SAP FICO is a SAP ERP module that is used for both external and internal financial reporting. The goal is to record all financial transactions that an organization does and provide accurate financial statements at the conclusion of the trading session. FI (Financial Accounting) and CO (Corporate Accounting) are the complete forms of SAP FICO (Controlling). This SAP FICO fundamentals lesson will go over the SAP FICO overview as well as the SAP FICO module's main capabilities. SAP FICO sub modules make up SAP FI. Accounts receivables, accounts payables, asset accounting, general ledger accounting, and bank accounting are some of the most commonly utilised sub-modules. All of the sub-modules are interconnected and work together in real time. Because all the sub modules are linked, a trial balance may be extracted at any moment and it will always balance.

This SAP FICO certification training covers the Finance and Cost Controlling module in SAP ERP, where FI stands for Financial Accounting and CO for Controlling. The SAP FICO module is robust and covers virtually all business cycles seen in various sectors.

Currently, working as a SAP FICO graduate resembles one of the most lucrative career paths today, and it is definitely the ideal career path for specialists in the financial and bookkeeping fields. Investors, banks, chiefs, managers, and evaluation specialists are increasingly relying on the outside reports generated using SAP FICO to meet their specific needs. This SAP FICO course will let you to better manage business finances and will provide you with an extremely advanced method for dealing with monetary exchange revealing. Associations are forming one by one, and the SAP framework is being implemented by a growing number of them. So, in the coming years there will be an immense interest in SAP FICO which is useful for your vocation and it is one of the most generously compensated SAP modules.

After learning this course, you will be able to:

1. Learn the basic ideas and basics of Finance and Controlling modules after completing the SAP FICO course.
2. Understand the General Ledger, Accounts Payable, Bank Accounting, and Funds Management, as well as how they are used in financial analysis.
3. Understand the Business Process and how the FICO Module functions in R/3.
4. Use Training and Integration with Other Modules for Implementation.
5. Use in-the-moment training with end-to-end implementation process.

• SAP FICO (basic to advanced) - all lectures 26:25:44

  • 1: Session 1 - SAP FICO (basic to adv) 1:40:04
  • 2: Session 2.1 - SAP FICO (basic to adv) 1:11:11
  • 3: Session 2.2 - SAP FICO (basic to adv) 1:08:31
  • 4: Session 3 - SAP FICO (basic to adv) Preview 1:45:36
  • 5: Session 4 - SAP FICO (basic to adv) 1:06:02
  • 6: Session 5 - SAP FICO (basic to adv) 29:37
  • 7: Session 6 - SAP FICO (basic to adv) 1:19:08
  • 8: Session 7 - SAP FICO (basic to adv) 1:04:18
  • 9: Session 8 - SAP FICO (basic to adv) 1:35:35
  • 10: Session 9 - SAP FICO (basic to adv) 1:10:46
  • 11: Session 10 - SAP FICO (basic to adv) 1:17:36
  • 12: Session 11 - SAP FICO (basic to adv) 1:40:12
  • 13: Session 12 - SAP FICO (basic to adv) 1:11:25
  • 14: Session 13 - SAP FICO (basic to adv) 1:28:21
  • 15: Session 14 - SAP FICO (basic to adv) 1:05:35
  • 16: Session 15 - SAP FICO (basic to adv) 1:17:49
  • 17: Session 16 - SAP FICO (basic to adv) 1:10:48
  • 18: Session 17 - SAP FICO (basic to adv) 1:01:53
  • 19: Session 18 - SAP FICO (basic to adv) 1:31:18
  • 20: Session 19 - SAP FICO (basic to adv) 46:44
  • 21: Session 20 - SAP FICO (basic to adv) 50:24
  • 22: Session 21 - SAP FICO (basic to adv) 32:51

SAP FICO (beginner to guru) - Course Curriculum

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

1. 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

1. General Ledger Accounting

• Deep dive – Chart of Account
• Accounts Groups & Master-data significance
• Driving Factors of Accounting postings in SAP:

1. a) Document type
2. b) Number ranges
3. c) Posting Keys
4. d) Fiscal year variant
5. e) Posting period variant
6. f) Field status variants
7. g) Exchange rates and Currencies
8. h) Reconciliation Accounts
9. i) 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

1. Accounts Receivable

• Introduction to Sub-ledger – Accounts receivable
• Customer account groups and assignment of number ranges
• Customer master data 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

1. 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
• Creation of check lots and maintenance of check register
• Automatic Clearing
• Reports in SAP for AP

1. Asset Accounting

• Fixed Asset Life Cycle
• Asset master data: 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

1. Taxation

• Introduction to Tax procedure
• Input Tax / Output Tax
• Withholding Tax
• Reports for Taxation purpose

1. Month Ending Activities

• Important Standard SAP Reports
• Closing in Difference Modules
• Cross-tower dependent closing activities
• Year-end activities

Everyone

Passion and determination to achieve your goals!

• SAP FICO Consultant
• SAP Finance Consultant
• SAP FICO Finance Functional Consultant/Analyst
• Analyst/Senior Analyst - SAP FICO
• Associate Business Process Consultant - S4HANA
• Chief Financial Officer
• Lead Consultant - SAP FICO
• Finance Manager/Director
• Implementation Specialist
• SAP FI CO Finance Application Lead
• SAP FICO Lead Architect
• Change Manager
• SAP Program/Project Manager
• Transformation Manager

Reed courses certificate of completion

Digital certificate - Included

Uplatz Certificate of Completion

Digital certificate - Included