SAP Online Training

SAP FICO Online Training

    • SAP FICO enables enterprises to keep track of every financial transaction and aids in finance reporting at the end of fiscal year. It has been established by research that SAP customers help 800 million consumers live safer and healthier lives. SAP’s customers manufacture more than 77,000 automobiles per day as found by leading statistical organizations. Another impressive statistic is that SAP’s customers produce 65% of the world’s televisions.. Also well known as an empirical fact is that SAP customers produce more than 52% of the world’s movies.

      Why learn and get certified in SAP FICO?

      1. SAP FICO offers highly advanced means of financial transaction reporting and also better handling of accounts.
      2. Banks, tax authorities, managers, administrators, and stockholders utilize external reports generated with the help of SAP FICO according to specific requirements.
      3. SAP FI is responsible for consolidating diverse modules and creating a single system for the entire organization.
      4. To Sum it up, SAP FI obtains data for external reporting procedures while its SAP Controlling Module (CO) lays stress on data for internal users.

      Course Objective

      After the completion of SAP FICO course, you will be able to:

      1. Learn the basic concepts and fundamentals of Finance and Controlling modules
      2. Learn about General Ledger, Accounts Payable, Bank Accounting and Funds Management and its application in finance analysis
      3. Learn about Business Process and how FICO Module work in R/3
      4. Apply Implementation Training and Integration with other Modules
      5. Apply Real-time Training with End to End Implementation Process.

      Who should attend this Training?

      This certification is highly suitable for a broad range of professionals either aspiring to, or already are in the IT and Finance domain, such as:

      1. Analytics professionals, professionals desirous of excelling in the fields of accounting and finance
      2. IT developers and testers
      3. Data analysts
      4. BI and reporting professionals
      5. Project managers
      6. Data scientists
      7. Professionals aspiring for a career in growing and demanding fields of real-time big data analytics

      Prepare for Certification!

      Our training and certification program gives you a solid understanding of the key topics covered by Foundation and Advanced Level Certification exams. This is aimed at students who have recently completed, and experienced professionals to enhance their practical knowledge in SAP FICO modules. In addition to boosting your income potential, getting certified, demonstrates your knowledge and the skills, understanding of the fundamentals of SAP FICO along with processes, tools, techniques, and management methodology. The certification validates your ability to produce reliable, high-quality results with increased efficiency and consistency


      CASE STUDY # 1 – “Implementation of SAP FICO software”

      Implementing Company’s software in co ordination with SAP FICO:

      In this Case study FICO had been using a simple in-house license manager to protect new installations of the FICO score, but as new implementations quickly spread around the world, they decided they needed a more sophisticated system for managing the licenses they sold worldwide. A major challenge with the product installations was that the typical end-customer has no direct Internet connectivity from the systems where the application is running, and IT resources were limited due to a full workload and other high priority projects. Implementing Company’s software into the FICO score software provided a relatively straightforward process requiring a minimal time commitment from IT, a secure licensing procedure and a periodic process for transferring data back to FICO in a quick and easy fashion for analysis.


      1. Creation of Company’s General Ledger.
      2. Creation of Company’s 3 Sub-ledger – Accounts Payable, Accounts Receivable and Asset Accounting.
      3. Creating of Company’s Controlling module.
      4. The rapid development of intranet may provide an innovative tool for construction and design teams in meeting these growing communication challenges.
      5. A project specific intranet uses a database server to store e-mail information and the organizational information such as user’s details including the personal information and information requests.
      6. Then team members can access this information using the Ezee Mail System. As information changes, the server content can be easily updated with new or revised data.
      7. This flexible approach allows geographically remote project teams to access timely, consistent and accurate information without expensive typesetting, printing, distribution and mailing charges.

      Technologies Used

      1. Client side: HTML5, CSS3, JavaScript
      2. Server side: Servlets, JSP, JSTL
      3. Database programming: JDBC
      4. Web server: Tomcat
      5. Database server: MySQL Server

      CASE STUDY # 2

      Our Client is one of the World’s Premier and more than a Century old engineering group. The group turnover is around Rs. 100 Billion. The group is known for largest distribution network and excellence in manufacturing. The group consists of 20 companies including joint ventures.

      The Company was incorporated in the year 1920. At present Company is having manufacturing facilities at 3 locations. The company’s operations are divided into seven SBUs. The Company’s distribution network comprises of 16 regional offices and 8 overseas offices. Product range includes industrial and agricultural pumps, hydro-turbines, valves, machine tools, industrial coatings, etc.

      About Project:

      This project is a SAP R/3 implementation project. The scope of the project covers the business processes related to Marketing, Sales, Production and Finance Accounting and Management Accounting. So modules Implemented in this project are SD, MM, PP, FI and CO.

      Implementation Methodology:

      SAP recommends ASAP Methodology for implementations, In this case study, we will use ASAP methodology. As a consultant, you should get exposed to all Five phases of implementation and should be able to gain good knowledge on each phase. We will walk through with each phase in detail.

      1. Project Preparation – Documentation Work
      2. Business Blue Print – Documentation Work
      3. Realization – Configuration and Customizations
      4. Final Preparations: Data migrations from legacy to SAP system
      5. Go Live and Support: Handholding’s for SAP implementation, Resolving tickets

      Tasks in FICO Module:

      You need to study and understand the different business process in Legacy & creation to a creation system and map them to SAP system. Configuration and Customization task include in Definition creation and assignment of Various Organization Units, variants, creation of different master records, should be able to post business transactions and generate various reports and do closing activities. You are expected to prepare a blueprint and also configuration documents. Further, you need to get involved in Data Migration Project where you should be uploading thousands of various master records like customer master, vendor masters, Asset Masters, GL masters, Material Masters… so on, also you need to build configuration blocks in sub modules like General Ledger, Bank Accounting, Accounts Receivable, Accounts Payable, Asset Accounting, Cost Element Accounting, Cost Center Accounting, Profit Center Accounting, Internal orders, Product Costing, Profitability Analysis.

      Final you need to submit your work as a presentation at the end of training.

    • Basic Settings

      • Creations company
      • Company code
      • Assign company code to company
      • Business area
      • Fiscal year variant
      • Asian fiscal year variant to company code
      • Chart of accounts
      • Accounts Group
      • Retained earning account
      • Posting period variant
      • Document Types and no ranges
      • Filed status variant
      • Tolerance
      • Posting Keys

      General Ledger

      • GL master record
      • Posting of document
      • Display balances of GL
      • Parking, hold
      • Accrual, sample documents
      • Deferral documents
      • Foreign exchange
      • Reversal of documents
      • Interest calculation
      • Cash management
      • Bank reconciliation

      Accounting Payable

      • Vendor groups(MM and FICO vendors)
      • No. ranges for vendor accounts
      • Tolerance group for vendors
      • House bank
      • Correspondence
      • Automatic payment program
      • Extended with holding tax
      • Terms of payments
      • Down Payment Made
      • Cash discount (received)

      Account Receivable

      • Customer group (SD and FI/CO customers)
      • No. ranges for customers accounts
      • Customer master records
      • Down Payment Received
      • Dunning
      • Cash discount (CIN version)
      • Bills of exchange
      • Treasury management

      Asset Accounting

      • Chart of depreciation
      • Account determination
      • Screen layout
      • Asset classes
      • Integration with FI
      • Depreciation methods
      • Depreciation keys
      • Asset master
      • Sub Asset Master
      • Asset report
      • Depreciation run
      • Sale of asset
      • Transfer of asset
      • Scrapping of asset
      • Capital work in progress


      • Controlling area
      • No. of ranges for controlling documents
      • Versions
      • Cost element accounting(manual, automatic)
      • Cost Centre Accounting
      • Repost line items, repost of cost
      • Actual overhead assessment
      • Planning cost centre and cost element
      • Budgeting

      Internal Order

      • Order type
      • Order, Statistical Key Figure
      • Planning internal order wise
      • View internal order wise report

      Profitabillity Accounting(PCA)

      • Controlling settings
      • Dummy profit centre actual data
      • Profit centre assignment of revenue elements
      • Choose account, creation of cost object
      • Planning profit and loss items
      • Planning balance sheet items

      Profitabillity Analysis (CO-PA)

      • Operation concern
      • Profitability segments
      • Assignment of controlling area to operating
      • Activate profitability analysis
      • Mapping of conditions to coop values
      • Drill down report
      • Report painter

      Product Costing

      • Creation of secondary cost element
      • Active type
      • Price calculation
      • Work centre
      • Overhead keys
      • Routing
      • Cost sheet variant
      • Cost estimate with quantity structure
      • Cost estimate without quantity structure
      • Marking and Releasing
      • Work in Progress


      • Procurement cycle
      • Integration with MM
      • Sales process integration with SD
      • Integration with asset accounting
      • Integration with controlling
      • Integration with PP


      Financial statement version

      • GL reports
      • Accounts payable reports
      • Accounts receivable reports
      • Assets
      • Cash book reports
      • LSMW
      • Transport Management

      Implementation overview,Resume preparation

      Eligibility for SAP FICO Training:

      • Graduation.
      • Masters in Financial Accounting (or)
      • Masters in Business Administration (MBA)
      • Who has work experience of minimum 3 years as a Financial Executive in any Financial Sector (or)
      • Any Industry related to finance Who has work experience as Finance and Accounting and worked as end user in SAP.

      Suitable for Professionals:

      • CPA
      • Chartered Accountants
      • Accountants
      • Financial Analyst
      • Finance Managers
      • Financial Controller
      • Cost Accountants
    • About SAP FICO Certifications

      Certification in SAP FICO has enormous value in your career where it showcases your proficiency and expertise to the industry. To recognize the talents of financial professional both vendor and vendor-neutral certifications are available in the market which is designed with various aspects. If about to start your career in the field of SAP FICO as a SAP Consultant, then all you need is a correct certificate.To ensure the adequate expertise for SAP FICO professional, It’s better to have a combination of right education or training course with hands-on practical experience.

      SAP FICO Certifications

      Through SAP certifications are globally recognized, basically it demonstrates that you have honed your skills through rigorous study and direct experience in your area of expertise. SAP offers two certifications for SAP FICO professionals, such as:

      1. SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP5(C_TFIN52_65)
      2. SAP Certified Application Associate - Financial Accounting with ERP 6.0 EhP6 (C_TFIN52_66)
      3. SAP Certified Application Associate - Financial Accounting with ERP 6.0 EhP7 (C_TFIN52_67)
      4. SAP Certified Application Professional - Financial Accounting with SAP ERP 6.0 EHP5 (P_FINACC_65)
      5. SAP Certified Application Professional - Financial Accounting with SAP ERP 6.0 EHP5 (P_FINACC_66)
      6. SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP5 (C_TFIN22_65)
      7. SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EhP6 (C_TFIN22_66)
      8. SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 (C_TFIN22_67)
      9. SAP Certified Application Professional - Management Accounting (CO) with SAP ERP 6.0 EHP5 (P_FINMGT_65)
  • FAQ's
    • 1) What are the organizational elements in SAP FI?

      The following are the organizational elements in SAP FI namely:

      1. Company Code
      2. Business Area
      3. Chart of Account
      4. Functional Area

      2) What is APP in SAP FICO?

      In SAP FICO, APP stands for Automatic Payment Program provided to the customers to pay its vendors and customers. It helps to avoid mistakes taken place while posting manually.

      3) What are the other modules to which financial accounting is integrated?

      SAP Financial Accounting is integrated with other modules such as SAP Sales and Distribution, SAP Material Management, SAP Production Planning and so on.

      Where can we use internal order?

      Internal order is used to track the cost, and they are proposed to be incurred on a short term basis: The asset class is the main class to classify assets. Each and every asset must be assigned to only one asset class. For example, asset class also contains a G1 account, when any asset is procured, the G1 account will be procured.

      What is the default exchange rate type which is picked up for all transactions?

      For all SAP transaction, default exchange rate is M (average rate)

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