FICO Course

FICO course is offered by Shreshta Trainings. All the training programs are specially curated in line with the latest technologies from around the globe. Our trainers are specialists from around the globe who ensure training with the use of embedded real-time projects. 

Our education division is at the forefront of the training and specialization of cutting-edge technologies and leading product platforms such as SAP.

Content:

• Introduction To SAP & ERP:
• Introduction to SAP
• Business Process of FI&CO
• Implementation Tool
• SAP Architecture
• FICO Module Overview
• Components of Financial Accounting (FI)
• 1. Organizational Elements/basic settings
• 2. General Ledger (FI/GL)
• 3. Accounts Receivable (FI/AR)
• 4. Accounts payable (FI/AP)
• 5. Asset Accounting (FI/AA)
• Enterprise Structure
• Define Company
• Define Company Code
• Assign Company Code to Company
• Define Business Area
• Financial Accounting Global Settings
• Maintain Fiscal Year Variant (Maintain Shortened Fiscal Year)
• Assign Company Code to a Fiscal Year Variant
• Define Variants for Open Posting Periods
• Assign Variants to Company Code
• Open and Close Posting Periods
• Define Document Types
• Define Document Number Ranges
• Define Posting Keys
• Maintain Field Status Variants
• Assign Company Code to Field Status Variants
• Enter Global Parameters
• General Ledger Accounting:
• Define Chart of Accounts List
• Assign Company Code to Chart of Accounts
• Define Account Group
• Define Retained Earnings Account
• Define Tolerance Groups for G/L Accounts
• Define Tolerance Groups for Employees
• Creation of G/L Masters
• G/L Account Document Postings
• Parked Document
• Hold Document
• Sample Document
• Accounts Receivable and Accounts Payable
• Creation of Vendor Groups
• Creation of Vendor Number ranges
• Assign Vendor Number ranges to Vendor Groups
• Creation of Vendor Masters
• Creation of Vendor Documents and Number ranges
• Vendor Documents Postings (Purchase Invoice)
• Advance Payment Postings
• Automatic Payment Program
• Creation of Customer Groups
• Creation of Customer Number ranges
• Assign Customer Number ranges to Customer Groups
• Creation of Customer Masters
• Creation of Customer Documents and Number ranges
• Customer Document Postings (Sales Invoice)
• Advance Payment Postings
• Dunning Program
• Creation of Payment Terms
• Customer/Vendor Statements
• Tax Settings
• Tax on sales/Purchases
• FI Tax Integration
• Asset Accounting
• Copy Reference Chart of Depreciation/Depreciation Areas
• Assign Chart of Depreciation to Company Code
• Specifying Account Determination
• Create Screen Layout Rules
• Define Number Range Interval
• Define Asset Classes
• Assign G/L Accounts
• Specify Document Type for Posting of Depreciation
• Specify Intervals and Posting Rules
• Specify Rounding of Net Book Value and/or Depreciation
• Define Base Methods
• Define Declining-Balance Methods
• Define Maximum Amount Methods
• Define Multi-Level Methods
• Maintain Period Control Methods
• Maintain Depreciation Key
• Define Screen Layout for Asset Master Data
• Define Screen Layout for Asset Depreciation Areas
• Creation of Asset Master
• Asset Acquisitions
• Asset Retirements
• Asset Transfers
• Asset Scarping
• Asset Reports
• Depreciation Running
• and more