SAP FICO Training

Are you looking for professional SAP FICO training? BITA Academy offers the Best SAP FICO Training in Chennai that will help you to learn Financial Accounting (FI) and Controlling (CO) modules. You will learn how to create an ERP solution that meets business needs, collaborate closely with the client finance team, and support businesses in making effective business plans.

The SAP module, Finance and Controlling (FICO) is one of the most popular. The acronym SAP FICO stands for the SAP modules FI and CO. In SAP ERP Central Component, SAP FICO is a crucial core functional element that enables an organization to handle all of its financial data. A business can store a complete copy of its financial transaction data using SAP FICO.

Roles and Responsibility of SAP FICO Consultant

• Support the implementation and maintenance of SAP Financials.
• Identify, analyze, validate, and document client requirements while thoroughly analyzing complicated business process requirements.
• Facilitate gatherings of business requirements through seminars.
• Maps the company demands, procedures, and goals of the client; creates any necessary product alterations.
• FI/CO module design, adaptation, configuration, and testing.
• Find answers to challenges and gaps you find.
• Serve as the client’s point of contact for troubleshooting; look into, evaluate, and fix software issues.
• Record test findings, test cases, and functional designs.
• Actively identify and suggest system and business process improvements.
• Offer consultancy services for both upcoming implementations and ongoing maintenance initiative
• Syllabus of SAP FICO Training in Chennai

SAP Finance Module:

• PART 1: An Overview of SAP
• Deep Dive on SAP R/3 Architecture
• What do you know about ASAP method?
• PART 2: Deep Dive Organization Structure
• Define Company
• How to Define Company Code?
• Assign Company code to company
• Define Business Area
• Define Credit control area
• Assign co code to credit control area
• PART 3: Financial Accounting Global Settings
• Define Fiscal Year Variant
• Assign Company code to Fiscal Year Variant
• Define Posting Period Variant
• Open and Close Posting Period Variant
• Assign Company code to Posting period variant
• Define Field Status Variant
• Assign Company code to Field Status Variant
• Define Doc Number Ranges
• Define Posting Key
• How to Define Document Types?
• Define Tolerance group for Employees
• Assign Users to Tolerance group
• Maintain Global Parameters
• PART 4: General Ledger
• Define Chart of Account
• Assign Company code to Chart of Account
• Define Account Group
• Define Retained Earnings Account
• Create General Ledger Account
• PART 5: Accounts Payable
• Define Vendor Account Group
• Create Number Ranges for Vendor Accounts
• Assign Number Ranges to Vendor Account Groups
• Create Sundry Creditors G/L Account
• Maintain terms of payment
• Define Tolerance group for Vendors
• Create Vendor Master Data
• Automatic Payment Program
• PART 6: Bank Accounting
• Create Bank Key
• Define House Bank
• PART 7: Accounts Receivable
• Create Customer Account Groups
• Create Number range for customer accounts
• Assign Number ranges to customer account group
• Create Sundry Debtors G/L account
• Define Tolerance group for customers
• Customer Payment Terms
• Create Customer Master Data
• Dunning Procedures for Customer Configuration
• PART 8: Tax Process
• Specify structure for Tax Jurisdiction code
• Maintain Tax code
• Assign Tax codes for Non-Taxable transactions
• PART 9: Asset Accounting
• Define Chart of Depreciation
• Assign Company code to Chart of Depreciation
• Specify Account Determination
• Create Screen Layout Rules
• Maintain Asset Number Range
• Create New Asset Classes
• Maintain Depreciation Key
• Determine Depreciation Area in the Asset Class
• Assign General Ledger Account
• Define Screen Layout for Asset Master Data
• Define Screen Layout for Asset Depreciation Areas
• Create Asset Master Data
• SAP Controlling Module Training
• PART 1: Product Costing
• Define Overhead keys
• Maintain overhead cost elements
• Define Calculation Basis
• PART 2: Cost Element Accounting
• How to Activate reconciliation ledger?
• How to deactivate reconciliation ledger?