SAP FICO Training

Instructor-led Training

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SAP FICO course

Develop in-depth expertise in financial accounting and controlling with our SAP FICO certification course at Pramanicus Academy. Explore the robust functionalities of financial operations within the SAP ERP environment.

  • ERP & SAP Fundamentals: Grasp foundational knowledge of ERP systems and dive into SAP FICO software specifics.
  • General Ledger Config: Configure and manage the general ledger, understand the posting period, and work with fiscal year variants.
  • Accounts Payable & Receivable: Learn to manage vendors and customer invoices, process payments, and understand the dunning process for overdue payments.
  • Bank Accounting: Navigate bank reconciliation processes and cash journal operations effectively within SAP.
  • Asset Accounting: Get acquainted with asset management including acquisitions, retirements, and depreciation calculations.
  • Tax Configurations: Configure various tax scenarios including sales, purchase, and extended withholding taxes as per country-specific requirements.
  • Integration: Understand how SAP FICO integrates with other SAP modules like MM, SD, and HR.
  • Closing Operations: Perform crucial period-end and year-end closing operations in finance.

Our training is enriched with live examples, case studies, and practical exercises, designed to prepare you for a successful career in SAP FICO.

TIMELINE
8 weeks
PREREQUISITES
No prerequisites
SKILL LEVEL
Intermediate

₹20000

₹25000 20%

Career prospects of SAP FICO

Securing SAP FICO expertise opens up numerous avenues in finance and controlling. Our training equips you for roles such as:

  • SAP FICO Consultant: Implement and maintain SAP FICO modules, providing expert advice and solutions.
  • Financial Controller: Oversee financial operations, ensuring compliance and performance within SAP systems.
  • Accounts Executive: Manage financial records, reporting, and transactions using SAP FICO functionalities.
  • SAP FICO Analyst: Analyze financial processes and systems, optimizing for efficiency and accuracy.
  • SAP FICO Project Manager: Lead SAP implementation projects, driving financial systems integration and improvements.

With Pramanicus Academy's rigorous SAP FICO program, graduates are well-equipped to join leading firms and enjoy a fulfilling career with competitive compensation.

What you will learn

Chapter 1
INTRODUCTION OF ERP & SAP
  • Concept of ERP & ERP Software
  • Concept of SAP & SAP Software
  • Overview of other Modules within SAP
  • Career Prospects in SAP
Chapter 2
ASAP METHODOLOGY & SAP LANDSCAPE
  • ASAP Methodology
  • RDS Methodology (New)
  • SAP Landscapes
Chapter 3
BASIC SETTINGS IN SAP
  • SAP Logon
  • SAP GUI
  • SAP Navigation
  • SAP Easy Access & IMG Screen
Chapter 4
GENERAL LEDGER CONFIGURATION
  • Chart of accounts
  • Assign CoA to CC
  • Define Posting Period Variant
  • Assign PPV to CC
  • Define Company, Company code
  • Assign Company to Company code
  • Maintain Posting Period Variant
  • Define Fiscal Year Variant
  • Assign FYV to CC
  • Define Field Status Variant
  • Assign FSV to CC
  • Define Tolerance Group,GL Account
  • General Posting
  • Document Display
  • GL Balance
  • Line Item Display
  • Define Account Group for G/L, Retain Earning Account,Document No. Range
  • Overview of document structure (Document Type, Posting Key, Posting date, Document date, Entry date and Baseline date.
Chapter 5
ACCOUNTS PAYABLE CONFIGURATION
  • Define Account Group for Vendor,No. Range for Vendor Group
  • Assign No. Range to Vendor Group
  • Post for Outgoing Payment
  • Display Vendor Balance
  • Vendor Line Item Display
  • Partial & Residual Payment
  • Clearing Vendor Invoice, GL Recon Account for Vendor, Vendor Master, No. Range For Vendor
  • Post Purchase Invoice
  • Define Tolerance for Invoice, Tolerance Range for Payment
  • Vendor Credit Memo
Chapter 6
ACCOUNTS RECEIVABLE CONFIGURATION
  • Define Account Group for Customer, No. Range for Customer Group
  • Assign No. Range to Customer Group
  • Create GL Recon Account for Customer
  • Define Tolerance for Invoice, Tolerance Range for Payment
  • Create Customer Master, No. Range for Customer
  • Post Sales Invoice, for Incoming Payment
  • Display Customer Balance
  • Customer Line Item Display
  • Partial & Residual Payment
Chapter 7
BANK RECONCILIATION SETTINGS
  • Define Bank Master
  • Define House Bank
Chapter 8
CASH JOURNAL CONFIGURATION
  • Document No. Range for Cash Journal
  • Define Cash Journal, Cash Transaction (Expenses, Revenue, Cash from Bank and Cash to Bank) Post Cash Journal
Chapter 9
AUTOMATIC PAYMENT PROGRAM CONFIGURATION
  • Paying Company Code
  • Payment Method in Country
  • Payment Method in Company Code
  • Parameters Settings
  • Payment Proposal
Chapter 10
ASSETS ACCOUNTING CONFIGURATION
  • Copy Chart of Dep./Dep Area
  • Description of COD
  • Delete/Copy Depreciation Area
  • Assign Input Tax indicator for non taxable acquisition
  • assign Chart of Dep to Company Code
  • Specify account determination
  • Assign GL A/c for acquisitions and retirements
  • Assets Acquisition, Retirement, Explorer
  • Depreciation Key, Calculation
  • Create Screen layout rules
  • Define no. range interval, Assets class, Assets Master
  • Post Asset Acquisition,Asset Retirement, Depreciation
  • Asset Explorer and Fixed assets Register
Chapter 11
AUTOMATIC DUNING CONFIGURATION & CORRESSPONDENCE
  • Dunning Level
  • Dunning Charges
  • Dunning Text
  • Dunning Minimum Amount Settings
  • Dunning Parameters
  • Dunning Schedule / Print Dunning
  • Letters
Chapter 12
DOWN PAYMENT FOR VENDOR & CUSTOMER
  • GL ACCOUNT
  • SP GL CONFIG
  • ADVANCE TO VENDOR
  • VENDOR INVOICE
  • CLEAR ADVANCE AGAINST VENDOR INVOICE
  • ADVANCE FROM CUSTOMER
  • CUSTOMER INVOICE
  • CLEAR ADVANCE AGAINST
  • CUSTOMER INVOICE
Chapter 13
NEW GENERAL LEDGER
  • Parallel Ledger
  • Document Splitting
  • Closing cockpit
Chapter 14
COUNTRY INDIA VERSION EXTENDED WITHHOLDING TAX CONFIGURATION
  • Check withholding tax country (in Basic Setting)
  • Withholding Tax Key (in Basic Setting)
  • Define Reason for Exemption (in Basic Setting)
  • Check Recipient Type (in Basic Setting)
  • Define Withholding Tax Codes (in Calculation => withholding tax code)
  • Define Certificate No. Range (Generic withholding tax reporting=>print out)
  • Maintain company code setting (Logistic=>Tax on good movements=>India=>Basic Setting)
  • Assign Withholding Tax type to company code (Company code)
  • Activate Extended Withholding Tax (Company Code)
  • Define Accounts for withholding tax to be paid over (Posting=>Accounts for withholding tax)
  • Define Withholding Tax type for Payment (in Calculation => withholding tax type), Rounding rule for Tax type (in Calculation => withholding tax type), business places (in Basic Setting=>India), Withholding Tax type for Invoice (in Calculation => withholding tax type)
Chapter 15
TAX ON SALE & PURCHASE
  • Define/ Assign Tax procedure to Country
  • Create Input & Output tax Code
  • Assign Tax Codes to company Code
Chapter 16
INTEGRATION WITH OTHER MODULES(overview)
  • Materials management (Purchase cycle), management (Production cycle)
  • Sales and distribution (Sales cycle)
  • Human resource
  • BASIS, etc
  • Understanding of Procure to pay and
  • Order to cash cycles
Chapter 17
CONTROLLING (Overview)
  • Cost center accounting
  • Profit center accounting
  • COPA
  • Product costing
Chapter 18
OTHER MISCELLANEOUS TOPICS
  • Financial Statement Version
  • New General Ledger (Parallel Ledger and Document Splitting)
  • Park Document, Hold Document
  • Month end and year end activities
  • Financial Tables and reports
  • Overview of ACL tool.

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