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SAP Financial & Controlling (FICO)

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    10 Days
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SAP Finance and Controlling is based on Financial accounting and management accounts. This is the core module in SAP where most of the business processes get integrated for financial reporting. Our SAP financial accounting and controlling (fico) course includes basic to advanced level. Our sap fico trainers are SAP certified experts and experienced working professionals with hands on real time multiple SAP FICO projects knowledge. You will learn SAP R/3 Architecture, General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting (AA) in Sap.

Controlling integration to finance with details training on Controlling Area, Cost Centre Accounting (CCA), Profit Centre Accounting (PCA), Cost Element, Integration, Reports

Objective

  • Our SAP FICO hands on instructional led 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.

Target Audience

  • SAP FI End users (Business Side)
  • Accountants
  • Banker/ Insurance/ Financial Experts
  • Full or Part qualified ACCA professionals
  • Project team members
  • SAP FI consultants
  • Aspiring SAP FICO Consultants

Pre-requisition

  • some knowledge of accounting

Outline

1: Introduction

  • Understanding of what is ERP Systems and ASAP
  • Introduction to SAP

2: Organizational Structure and Enterprise Structure

  • Defining company
  • Configuring company code
  • Build link between Company and company code.
  • Defining business area

3: Global Parameter setting and define Variants

  • Maintaining fiscal year variant
  • Assigning fiscal year variant to company code
  • Concept of Posting Periods and maintenance.
  • Defining open and close posting periods
  • Assigning variant to company code
  • SAP Document types and Parameters
  • Defining document number ranges and setup default.
  • Defining SAP posting keys and understand logic.
  • Defining field status variant
  • Assigning field status variant to company code
  • Defining tolerance groups for employees and customers.

4: General ledger accounting ( FI-GL)

  • Defining chart of accounts standards.
  • Assigning chart of accounts to company code
  • Defining account groups
  • Defining retained earnings account
  • Maintain Field status variant for General ledger
  • Set up Tolerance for postings
  • Document change control
  • From End-user, prospective below tasks
  • Creating GL accounts
  • Postings
  • Park/Hold the document
  • Reversal entries

 

5: Accounts Receivable ( FI-AR)

  • Creating customer groups
  • Field validation for Groups
  • Creating number ranges Internal and External
  • Assigning number ranges to customer groups
  • From End-user, prospective below tasks
  • Creating customer
  • Change customer details
  • Display customer details and Balances
  • Raising sales invoice and observe processes
  • Incoming payments

Details Configuration and End-user posting / Testing for Below business processes.

  • Cash discounts
  • Down payment
  • Bank Guarantee
  • Interest calculation
  • Credit memo
  • Dunning procedure and executing dunning run

6: Accounts payable ( FI_AP)

  • Creating vendor groups
  • Creating vendor ranges
  • Creating ranges to vendor groups
  • From End-user, prospective below tasks
  • Creating vendor
  • Change Vendor details
  • Display Vendor and Balance
  • Raising vendor invoice
  • Outgoing payments

Details Configuration and End-user posting / Testing for Below business processes.

  • APP ( Automatic Payment Programme)
  • Cash discounts/Terms of Payment
  • Interest calculation
  • Down payment
  • Bank Guarantee
  • Debit memo

7: Bank Accounts

  • Creating house bank
  • Configuring petty cash journal
  • Configuring automatic payment to vendors

8: Tax

  • Define country tax procedure
  • Define calculation procedure
  • Assignee calculation procedure
  • Base amount settings
  • Exempt Tax codes and reasons for the same.
  • Creating GL accounts of input tax output tax and sales tax
  • Configuration for tax calculation Postings

9: Foreign currency

  • Exchange Rate Difference General Ledger for Foreign currency document posting
  • SAP Netweaver with Currency setting.
  • Currency translation ratio
  • Defining, changing and maintaining exchange rate ratios
  • Overview of realised and unrealised profit and loss

10: Asset Accounting ( FI_AA)

  • Copying chart of depreciation from Country specific standard.
  • Assigning chart of depreciation to company code
  • Specify account determination
  • Create screen layout rules
  • Creating asset classes
  • Depreciation area and use of Depreciation area
  • Maintain asset master records (Create /Change /Display)
  • Acquisition of asset
  • Running depreciation
  • Manual depreciation and unplanned depreciation
  • Retirement of asset
  • Transfer of asset INTA and INTERNAL
  • Scraping of an asset
  • Depreciation postings
  • Reports on asset accounting
  • Asset explorer

11: New GL Accounts

  • Configuring new GL
  • Document splitting (Active, Passive, and Zero Balance)
  • Configuring leading and non-leading ledger

12: Financial statement versions

  • Configuration of FSV
  • FSV and their use in company’s report on IFRS and GAAP both

13: Closing down procedures and Reports with Information System (End-User)

Controlling

1: General Controlling

  • Maintaining control area settings
  • Assign controlling area to Company code
  • Maintaining number ranges for controlling documents
  • Activating controlling indicators

2: Cost Element Accounting

  • Creating various types of cost elements
  • Creating primary cost element
  • Creating secondary cost element
  • Automatic and Manual creation of cost elements

3: Cost center accounting

  • Creating cost centre hierarchy
  • Creating cost centre
  • Creating activity types
  • Reports of cost centers

4: Profit Center Accounting

  • Creating profit center
  • Creating dummy profit center
  • Creating profit center hierarchy
  • Assigning profit center to cost center

Reports on profit center

Course Information

  • Class Start : 21 Oct |
  • Course Duration : 10 Days
  • Student Capacity : Small classes
  • Class Schedule : Weekdays
  • Class Time : 10:00 -17:00
  • Course Price :
  • Teacher Name :

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