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SAP FICO (Finance and Controlling)

Self-paced Videos, Full course with each topic covered in depth, Free Study Material, Course Completion Certificate



£800 inc VAT
Or £66.67/mo. for 12 months...
Study method
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18 hours · Self-paced
No formal qualification
  • Certificate of completion - Free
  • Reed Courses Certificate of Completion - Free

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Infodal offers comprehensive training on SAP FICO module. This is video-based online course (self-paced training).

SAP FICO stands for FI (Financial Accounting) and CO (Controlling/Management Accounting).SAP FICO comprises of two areas, SAP Finance (FI) and SAP Controlling (CO). Every one of which is utilized for a particular monetary interaction. SAP FI manages generally speaking monetary detailing and bookkeeping, while SAP CO centers all the more barely around arranging and checking costs. SAP FI and SAP CO were initially delivered as isolated modules yet are presently so firmly incorporated that many individuals allude to them as essentially one module.

Infodal offers comprehensive SAP FICO training with focus on imparting necessary skills for becoming a successful FICO consultant or power user.

This course will also help you switch to a high-paying job. SAP FICO transactions and exercises are intended for SAP beginners and SAP experts, with the goal that they can execute and configure the SAP FI/CO ERP modules. Our hands-on instructor-led SAP FICO Training will prepare you for the SAP job market and as well as equipped you with all the necessary training/assistance that is needed or required for you to pass the SAP FI/CO certification examination.

SAP FICO Course Objectives

  1. Bridging the gap between academics and industry.
  2. Improve your employability by fulfilling industry skill requirements to suit ever-changing company needs.
  3. Understand the SAP FICO module's end-to-end deployment in any organisation.
  4. Configure global and enterprise structure configurations.
  5. Configure the General Ledger, Accounts Payable, Accounts Receivable, and Asset Accounting.
  6. Possess the ability to pass the SAP FICO Certification exam.
  7. Work as an SAP FICO Consultant.

SAP FICO comprises of two areas, SAP Finance (FI) and SAP Controlling (CO). Every one of which is utilized for a particular monetary interaction. SAP FI manages generally speaking monetary detailing and bookkeeping, while SAP CO centers all the more barely around arranging and checking costs. SAP FI and SAP CO were initially delivered as isolated modules yet are presently so firmly incorporated that many individuals allude to them as essentially one module.

SAP FI enables organizations to make financial statements for reporting and analysis. Types of financial statements may include balance sheets or profit and loss statements. SAP FI consists of several sub-modules that handle specific accounting processes. SAP FICO is a significant center practical part in SAP ERP Central Component that permits an association to deal with its monetary information. SAP FICO permits an association to store a total variant of their monetary exchange information. In particular, the reason for SAP FICO is to help organizations create and oversee budget summaries for examination and announcing, as well as to support successful business arranging and choice making.


18h 2m

Course media




  • Introduction to ERP
  • Introduction to SAP

Part 1: Enterprise Structure:

  • Definition of company
  • Definition of employer code
  • Assignment of business enterprise to employer code
  • Definition of commercial enterprise area

Part 2: Financial Accounting Basic Settings

  • Definition of fiscal yr variant
  • Assignment of fiscal yr variant to organization code
  • Definition of posting length variant
  • Assignment of posting duration variant to organization code
  • Open and shut posting period
  • Maintenance of area popularity variants
  • Assignment of subject reputation variant to employer code
  • Creation of chart of Accounts
  • Defining Accounts Groups
  • Defining Retained Earnings Account
  • Definition of tolerance organizations for GL accounts
  • Definition of tolerance companies for employees
  • Assignment of tolerance corporations to users
  • Taxes on Sales & Purchases (input & output)
  • Defining record kind & quantity ranges

PART 3: General Ledger Accounting

  • Creation of General Ledger Master (with and besides reference)
  • Display/Change/Block/Unblock of time-honored ledger master
  • Document Entry posting ordinary postings and posting with reference
  • Display and alternate of documents
  • Display of GL balances
  • Display GL account line items
  • Parked documents
  • Hold documents
  • Creation of Sample Document postings with pattern documents
  • Reversal of person documents, mass reversal and reversal of reversed document
  • Month End Provisions –
  • Open object Management – Full clearing, Partial Clearing and Residual Clearing
  • Accrual and Deferral documents
  • Interest calculations on time period loans

PART 4: Accounts Payable

  • Creation of supplier account groups
  • Creation of quantity stages for seller grasp records
  • Assignment of variety stages to dealer account groups
  • Creation of tolerance team for vendors
  • Creation of seller grasp (display/change/block/unblock of supplier master)
  • Posting of supplier transactions (invoice posting, price posting, deposit memo)
  • Display Vendor balances and G/L Balances
  • Configuration Settings for increase repayments to Vendors (down payment)
  • Clearing of down price towards invoices (special GL transactions)
  • Posting of partial Payment & Residual Payment
  • Creation of fee terms,
  • Creation of residence banks and account ids.
  • Creation of test plenty and Creation of void reasons
  • Maintenance of take a look at register
  • Display take a look at register
  • Cancellation of unissued checks
  • Cancellation of issued checks
  • posting of buy returns.
  • BRS
  • Configuration of computerized charge program
  • Defining correspondence & birthday party assertion of accounts

PART 5: Accounts receivable

  • Creation of client account groups
  • Creation of range degrees for patron grasp records
  • Assignment of quantity tiers for client account groups
  • Creation of tolerance team for customers
  • Creation of client grasp (display/change/block/unblock of vender master)
  • Posting of client transactions (sales consignment posting, charge posting, debit memo)
  • Display patron balances and G/L Balances
  • Configuration Settings for improve price from clients (down payment)
  • Configuration settings for phrases of fee to customers
  • Configuration of settings for dunning
  • Generating the dunning letters
  • Defining correspondence and celebration assertion of accounts
  • Bills of exchange
  • Posting of income returns
  • When the supplier and patron each are same
  1. besides phrases of payment
  2. with frequent phrases of payment.

PART 6: Asset Accounting:

  • Copy reference chart of depreciation
  • Assignment of chart of depreciation to corporation code
  • Creation of 0% tax codes for income and purchases
  • Defining account determination
  • Definition of display lay out rules
  • Definition of quantity tiers for asset master
  • Creation of asset classes
  • Integration with General Ledger & Posting rules
  • Defining Depreciation key
  • Definition of multilevel methods
  • Definition of length manipulate methods
  • Creation of fundamental asset grasp records
  • Creation of sub asset grasp records
  • posting the transactions for Acquisition of fixed assets
  • Depreciation run and Asset explorer
  • Sale of constant property – with consumer and barring customer
  • Transfer of assets
  • Impairment of assets
  • Scrapping of assets,
  • Line object Settlement of belongings beneath building of capital work in progress


  • Basic settings for controlling
  • Defining Controlling Area
  • Defining Number tiers for Controlling Area
  • Maintain Planning Versions

Cost issue accounting

  • Creation of most important price factors from economic accounting area
  • Creation of principal fee factors from controlling area
  • Display of price thing grasp records
  • Change price component grasp records
  • Primary price aspect categories
  • Secondary price component categories

Cost Center accounting

  • Defining Cost Center Standard Hierarchy
  • Creation of Cost Centers and value middle groups
  • Display price core grasp records
  • Change price core grasp records
  • Creation of fee middle groups
  • Posting to price centers
  • Reposting of co line items
  • Repost of Costs
  • Planning for price centers
  • Cost middle reports

Internal orders

  • Define area popularity team for statistical orders
  • Creation of Primary value element
  • Creation of interior order grasp files for statistical orders
  • Display inner order grasp records
  • Change inside order grasp records
  • Postings to interior orders
  • Planning for inner orders
  • Report of Variance evaluation for inside order

Real orders

  • Creation of actual interior orders
  • Posting of commercial enterprise transaction to actual orders
  • Definition of allocation structures
  • Definition of agreement profiles
  • Definition of planning profiles
  • Define wide variety stages for Settlement files of actual interior orders
  • Define range degrees for controlling documents.
  • Budgeting and availability control
  • Maintain quantity degrees for budgeting
  • Define tolerances for availability control
  • Specification of exempt fee factors from availability control
  • Maintenance of finances manager


  • Basic Settings for Profit Center Accounting
  • Creation of Dummy Profit Centers
  • Maintenance of manage parameters for real postings
  • Maintaining planning variations for income centers
  • Maintaining the range tiers for income core documents
  • Creation of earnings core grasp records
  • Display of earnings middle grasp records
  • Changing the earnings middle grasp records
  • Assign earnings middle to fee core for expenditure posting
  • Creation of income value elements
  • Automatic Assignment of Revenue factors for Profit Centers
  • Assignment of earnings facilities in price middle grasp records
  • Creation of account organizations in income middle accounting for planning
  • Planning for earnings and loss account items
  • Posting of transactions into earnings centres
  • Generating the variance reports for income and loss account items


  • Integration of monetary accounting with substances management:
  • Integration of economic accounting with income and distribution:
  • Profitability analysis:
  • Maintaining the running concern
  • Define profitability phase characteristics
  • Assignment of controlling vicinity to running concern


  • Define Tax procedure
  • Assign tax technique to the country
  • Define situation types


  • Foreign forex transactions
  • New established ledger


  • Reports
  • Financial declaration version
  • General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

Who is this course for?

  • Anyone who wants to learn SAP FICO configuration and implementation
  • Anyone who wants to learn how to configure SAP FICO
  • Accountants and CAs
  • ACCA/AAT/CIMA Professionals
  • SAP FICO Consultants and Managers
  • SAP FI End Users
  • Project Managers and Business Executives
  • Professionals aspiring to excel in the fields of accounting and finance
  • Business Analysts and Consultants
  • Analytics Professionals
  • Business Process Architects and Owners
  • Data Analysts
  • BI and Reporting Professionals
  • Aspiring SAP Consultants


  • Basic knowledge of Accounting

  • Basic knowledge of Finance Business Processes

  • Passion and determination to achieve your goals!

Career path

  • SAP FICO Consultant
  • SAP FICO Lead/Manager
  • SAP FICO Specialist
  • Systems Accountant SAP
  • Principal FICO Consultant S/4HANA
  • SAP Demand Manager (FICO)
  • SAP Finance Business Analyst
  • Solutions Architect - SAP FICO
  • SAP Finance Consultant
  • SAP FICO-Techno Functional Business Analyst
  • SAP FICO Architect
  • SAP FI Super User
  • SAP FICO Career Track
  • Financial Analyst
  • Finance Director
  • Chartered Accountant

Questions and answers

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Certificate of completion

Digital certificate - Included

Course Completion Certificate by Infodal

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.


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