SAP FICO is a module related to Financial Accounting and the main objective of this module is to record all the transactions in an organization and create reports or financial statements accordingly. FI stands for Financial Accounting and Co stands for Controlling in SAP FICO. This is one of the most used and accomplished modules in SAP for organizations. Some of the sub modules included in SAP FICO are General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Controlling etc.
We offer SAP FICO Training in Pune as a classroom training program at multiple locations across Pune – Deccan and Pimple Saudagar. Our SAP Training Institute in Pune offers this flexible course with a 100% Job assurance. Our trainers are the best in industry and are highly experienced, SAP certified professionals. Our Trainers being working professionals are able to impart the practical knowledge in a better approach. We conduct SAP Training Batches on weekdays and weekends considering the audience can be fresh graduates and working professionals as well.
Hands on Experience on One Live Project.
100 % Placement Assistance
Missed Sessions Covered
Multiple Flexible Batches
Practice Course Material
Basic knowledge of Accounting. Duration :
7 Weeks(Weekdays Batch)
8 Weekends(Weekend Batch)
Who can join this course?
Professionals seeking career in SAP Consulting.
SAP End Users
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
Financial Accounting Basic Setup
System Backbone - Enterprise Structure setup in SAP
Chart of Accounts
Credit controlling area
General Ledger Accounting
Deep dive - Chart of Account
Accounts Groups & Master-data significance
Driving Factors of Accounting postings in SAP:
Fiscal year variant
Posting period variant
Field status variants
Exchange rates and Currencies
Retained Earning Account
Accrual or Deferral Postings
Fast Data entry in GL
Concept of Open-item Clearing
Define Financial Statement Version
Balance carry forward Balances
Reports in SAP for GL Accounting
Substitution and Validation
Introduction to Sub-ledger – Accounts receivable
Customer account groups and assignment of number ranges
Customer masterdata and significance
Customer Payment Terms and Discounts
Receiving Down Payment
Detailed Explanation of Oder to Cash flow in SAP
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
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
Posting of partial Payment & Residual Payment
Down Payment Paid
Bank Reconciliations Statements
Creation of check lots and maintenance of check register
Reports in SAP for AP
Fixed Asset Life Cycle
Asset masterdata: 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
Introduction to Tax procedure
Input Tax / Output Tax
Reports for Taxation purpose
Month Ending Activities
Important Standard SAP Reports
Closing in Difference Modules
Cross-tower dependent closing activities
Year end activities
Basic setup of Controlling
Managerial Accounting – A Practical Perspective
Business panning Abilities in Controlling
Controlling Area setup
Cost Element Accounting
Creation of Primary and Secondary Cost Elements
Creation of Cost Element Groups
Cost element categories
Cost Center Accounting
Cost Center Standard Hierarchy.
Cost Centers and cost center groups.
Cost Center setup
Cost center reports
Internal Order Accounting
Internal Order Significance
Difference Statistical Internal Order & Real Internal Order
Creation of internal order
Postings on internal order
Internal Order settlement
Budgeting by Internal Order functionality
Internal Order accounting reports SAP Overview & Navigations
1. Will I get any certificate after this course?
After the course completion, an exam will be conducted to judge your knowledge along with the live project work completion check and you will be awarded a certificate from 3RI Technologies.
2. Will I get any placement assistance after the course completion?
Yes, we provide 100% placement assistance to our students. We have a dedicated team for Placement and tie ups with 300+ MNC’s and SME companies.
3. Do you provide any demo classes for this course?
Yes we conduct demo classes every weekend. Please contact us for more details.