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About SAP FICO

SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module is very robust and covers almost all business process encountered in various industries. It is one of the very important and widely implemented modules in SAP. So many opportunities in India, US, Canada, Dubai, Malaysia, Singapore Australia and UK with high packages, it makes you happiest person in terms of Sustain, Work, Financial and Satisfaction in your IT career…etc

SAP Online Training provides the best SAP FICO Online & Offline course training in Hyderabad, US, Canada and Bangalore with 100% commitment and experience to change your career. You will learn Development,Support & Upgradation by end of this training.

Aspirants who are interested can attend our SAP FICO Online and Offline training.

Why SAP FICO?

The Average base salary of a SAP FICO Developer is 5.8 lakhs per annum – glassdoor.co.in

Course Highlights

Hands on practice:
We just don’t teach in the class, we make the trainees to practice during the class hours and make them experts.
Dedicated Support:
We provide any time support for the trainees during and after training their course.
Mode Of Training:
Aspirants can attend Class Room Training (Week Days/ Week Ends) or Online Training.
Best Faculty:
Trainers @ SAP Online Training Software IT have very best, experienced, friendly, helpful and commitment and have trained thousands of Trainees.
Real-Life Case Studies:
Real time project oriented training, involving Software Development Life Cycle.
Study Duration:
Regular Batch Duration: Approximately 45 hours

Who Can Learn ?

Anybody can learn who acquired Degree with Accountancy background

Work Professionals:

Working professionals who want to update their skills in IT career.

SAP FICO Course Syllabus

Topic-1: ENTERPRISE STRUCTURE

Define Company
Define Company Code
Assign Company Code to Company
Define Business Areas

Topic-2: FISCAL YEAR VARIANT

Maintain Fiscal Year Variant
Assign Company Code to Fiscal Year Variant

Topic-3: POSTING PERIODS

Define Posting Period Variant
Open & Close Posting Periods
Assign Company Code to a Posting Period

Topic-4: CHART OF ACCOUNTS

Define Chart of Accounts
Assign Company Code to Chart of Accounts
Define Account Group
Define Retained Earnings Account

Topic-5: FIELD STATUS VARIANTS

Maintain Field Status Variants
Assign Company Code to Field Status Variants
Define Number Ranges for General Ledger Document Types

Topic-6: TOLERANCES

Define Tolerance Groups for G/L Accounts
Define Tolerance Groups for Employees
Maintain Company Code Global Parameters

Topic-7: GENERAL LEDGER ACCOUNTING

Creation of GL Accounts
1.Equity Share Capital A/c
2.Cash A/c
3.Surplus in P&L A/c
FI Document Posting
Display of Documents
Change of Documents
Display Account Balances
GL Account - Display Line Item

Topic-8:OPEN ITEM MANAGEMENT

Creation of GL Accounts
1. Salary A/c
2. Rent A/c
3. O/s Expenses A/c
Due Entry Posting
GL Account - Display Line Item
Full Payment Scenario Posting
Due Entry Posting
GL Account - Display Line Item
Partial Payment Scenario Posting
Due Entry Posting
GL Account - Display Line Item
Residual Payment Scenario Posting

Topic-9: SAMPLE DOCUMENTS

Maintain Number Ranges for Sample Document Template
Creation of Sample Document Template
Posting Document with Reference to Sample Document
Display Account Balances

Topic-10: RECURRING DOCUMENTS

Maintain Number Ranges for Recurring Document Template
Creation of Recurring Document Template
Posting a Document using Recurring Document Template by way of Batch Input Session
Display Account Balances

Topic-11:PARK & HOLD DOCUMENTS

Park a Document
Posting a Document which is Parked
Park a Document
Deleting a Document which is Parked
Holding a Document
To show the Held Document
Posting a Held Document
Holding a Document with only One Line Item
Posting a Held Document
Display a Deleted Document

Topic-12:INTEREST

Define Interest Calculation Types
Prepare Account Balance Interest Calculations
Define Reference Interest Rates
Define Time Dependent Terms
Enter Interest Values
Creation of GL Accounts
1. Term Loan A/c
2. Interest A/c
Prepare GL Account Balance Interest Calculation
Term Loan Receipt Posting
Interest Calculations & Postings with Display
Repayment of Term Loan
Display Account Balances

Topic-13: FOREIGN CURRENCY TRANSACTIONS

Check Currency Codes
Check Exchange Rate Types
Define Translation Ratios for Currency Translation
Enter Exchange Rates

Topic-14: ACCOUNTS PAYABLE

Define Vendor Account Groups with Screen Layout
Define Number Ranges for Vendor Accounts
Assign Number Ranges to Vendor Account Group
Define Tolerances (Vendors)
Define Number Ranges for Vendor Document Types
Creation of GL Accounts
1. Sundry Creditors A/c
2. Inventory RM A/c
Creation of Vendor Master Record
Setup All Company Codes for Payment Transactions
Setup Paying Company Codes for Payment Transactions
Purchase Invoice Posting
Outgoing / Vendor Payment Posting

Topic-15: ADVANCE PAYMENTS / DOWN PAYMENTS

Creation of Special GL Account
Advance to Parties Account
Link between Sundry Creditors & Advance to Parties Account
Advance Payment Posting
Purchase Invoice Posting
Transferring Special GL Items (Advance to Parties) to Normal Items (Sundry Creditors Account) by clearing Special GL Items
Clearing Normal Items

Topic-16: BANK TRANSACTIONS

Creation of GL Accounts
Define House Bank
Creation of Check Lots
First Scenario
1. Purchase Invoice Posting
2. Vendor Payment Posting
3. Manual Issue of Check
4. Display Check Register
5. Encashment of Check
6. Display Check Register
Second Scenario
1. Purchase Invoice Posting
2. Vendor Payment Posting
3. Manual Issue of Check
4. Define Void Reason Codes
5. Stop Payment of Check
6. Display Check Register
Cancellation of Unused Checks

Topic-17: AUTOMATIC PAYMENT POSTING

Setup All Company Codes for Payment Transactions
Setup Paying Company Codes for Payment Transactions
Define Payment Methods for Country
Define Payment Methods for Company Code
Define Bank Determination
Purchase Invoice Posting
Automatic Payment Program Run

Topic-18: EXTENDED WITHHOLDING TAX

Check Withholding Tax Countries
Define Withholding Tax Type for Invoice Posting
Define Withholding Tax Type for Payment Posting
Define Withholding Tax Codes
Define Formulas for calculating Withholding Tax
Assign Withholding Tax Types to Company Codes
Activate Extended Withholding Tax
Creation of GL Account
TDS Payable Account
Define Accounts for Withholding Tax to be paid over
Activate Extended Withholding Tax for Vendor
Advance Payment Posting
Maintain Company Code Settings (SAP 4.7 Version only)
Purchase Invoice Posting

Topic-19: ACCOUNTS RECEIVABLES

Define Account Groups with Screen Layout (Customers)
Define Number Ranges for Customer Accounts
Assign Number Ranges to Customer Account Groups
Define Number Ranges for Customer Document Types
Creation of GL Accounts
1. Sundry Debtors A/c
2. Sales A/c
Creation of Customer Master Record
Sales Invoice Posting
Customer Incoming Payment Posting
Credit Memo Posting

Topic-20: CORRESPONDENCE

Request of Correspondence
Generating a Correspondence

Topic-21: CUSTOMER DOWN PAYMENTS

Creation of Special GL Account
Sundry Debtors Account
Link between Sundry Debtors & Advance from Parties Account
Advance Payment Posting
Sales Invoice Posting
Transfer of Special GL Items to Normal Items by clearing Special GL Items
Clearing Normal Items

Topic-22: DUNNING

Define Dunning Areas
Define Dunning Procedures
Assign Dunning Procedure in Customer Master
Sales Invoice Posting
Generate Dunning Notices

Topic-23: SALES TAX SETTINGS

Define Calculation Procedures
Assign Calculation Procedure to Country
Define Tax Codes for Sales & Purchases
Creation of GL Account
Sales Tax Payable Account
Define Tax Accounts
Assign Tax Codes for Non-Taxable Transactions

Topic-24: ASSET ACCOUNTING

PART I
- Copy Reference Chart of Depreciation
- Define Description of Chart of Depreciation
- Assign Chart of Depreciation to Company Code
- Specify Account Determination
- Create Screen Layout Rules
- Define Number Range Interval
- Define Asset Classes
- Creation of GL Accounts (15 GL Accounts)
- Assign GL Accounts
PART II
- Specify Document Type for Posting of Depreciation
- Define Number Ranges for Asset Document Types
- Specify Intervals and Posting Rules
- Determine Depreciation Areas in the Asset Class
- Specify Rounding of Net Book Value and/or Depreciation
- Define Screen Layout for Asset Master Data
- Define Screen Layout for Asset Depreciation Areas

Topic-25: DEPRECIATION KEY

Define Base Methods
Define Declining-Balance Methods
Define Multi-level Methods
Maintain Period Control Methods
Maintain Depreciation Key
Determine Depreciation Areas in the Asset Class

Topic-26: ASSET TRANSACTIONS

Creation of Asset Master Record
Creation of Sub-Asset Master Record
Purchase of Main Asset & Sub-Asset
Depreciation Run Posting
Retirement of Asset with Revenue (Sale)
Retirement of Asset without Revenue (Scrap)
Transfer of an Asset

Topic-27: SETTLEMENT OF ASSETS UNDER CONSTRUCTION (AUC)

Maintain / Assign Settlement Profiles
Maintain Number Ranges for Local Documents
Creation of AUC Master Record
Posting of AUC Expense Document
Distribution & Settlement of AUC

Topic-28: CONTROLLING

BASIC SETTINGS OF CONTROLLING
- Maintain Controlling Area
- Define Number Ranges for Controlling Documents
- Maintain Versions

Topic-29: COST CENTER ACCOUNTING

COST ELEMENT ACCOUNTING
- Creation of Primary Cost Element at FI Level
- Creation of Primary Cost Element at CO Level
- Make Cost Center Field as Required Entry in Field Status Variant
- Change the Expenses Account Field Status Group
- Creation of Cost Centers
- Creation of Cost Center Groups
- FI Expenses Document Posting
- Display Cost Center wise Details
REPOST CO LINE ITEMS (Using FI Document)
- Maintain Number Ranges for Controlling Documents for Business Transactions Repost CO Line Items
- Repost CO Line Items
- Display Cost Center wise Details
REPOST COSTS
- Maintain Number Ranges for Controlling Documents for Business Transactions Repost Cost (Without using FI Document)
- Repost Costs
- Display Cost Center wise Details
PLANNING PRIMARY COSTS
- Maintain Number Ranges for Controlling Documents for Business Transactions Planning Primary Costs
- Planning Primary Costs
- Variance Report Analysis
ASSESSMENT
- Maintain Number Ranges for Controlling Documents for Business Transactions Actual Assessment
- Creation of Secondary Cost Element
- Creation of Assessment Cycle
- Run Assessment CycleCreation of Assessment Cycle
INTERNAL ORDERS
- Define Order Types
- Maintain Number Ranges for Orders
- Creation of Internal Order (Master Record)
- Make Internal Order Field as Required in Field Status Variant
- Creation of GL Account
  Fuel Account & also make this account as Primary Cost Element
- FI Expenses Document Posting
- Display Internal Order wise Details
- Planning Internal Orders
- Variance Report Analysis
PROFIT CENTER ACCOUNTING
- Maintain Controlling Area Settings
- Define Dummy Profit Center
- Set Control Parameters for Actual Data
- Maintain Plan Versions
- Maintain Document Types .
- Define Number Ranges for Local Documents
- Creation of Profit Center
- Creation of Profit Center Group
- Assignment of Profit Center in Cost Center Master Record
- Make Profit Center as Optional Field in Field Status Variant
- Make Sales Account as Revenue Cost Element & also Change the Field Status Group of Sales Account
- Prepare or Maintain Automatic Account Assignment of Revenue Elements
- FI Revenue Document Posting
- Display Profit Center wise Details
- FI Expense Document Posting
- Display Profit Center wise Details