The year end activities in SAP FICO is quite a complex process and you need to get through the details to have a better idea of it. All these tasks are carried out within the end of each month. In ...
Take control of your career! This SAP FICO course equips you with in-demand skills for a high-paying future.
SAP FICO (Business User) is a comprehensive training program that covers the essential concepts and practices of SAP Finance and Controlling (FICO). This course will equip you with the knowledge and necessary skills to manage the financial data of an organization efficiently.
Course Objectives
- Understand the core concepts of SAP FICO
- Implement and configure SAP FICO modules
- Manage financial transactions and accounts
- Prepare financial statements
- Analyze financial data
- Use SAP FICO for reporting and forecasting
Prerequisites:
No prior experience with SAP FICO is required. However, a basic understanding of accounting and finance is recommended.
Who Should Enroll in SAP FICO Training Program?
This course is designed for anyone who wants to learn how to use SAP FICO to manage an organization's financial data. This includes:
- Aspiring Students
- Accountants
- Financial Analysts
What You Will Master in the SAP Certified Training
Financial Accounting:
- Master the fundamental processes of SAP ERP: Learn the basics of navigating and utilizing the SAP ERP system for financial functions.
- Understand the Procure to Pay and Order to Cash cycles: Gain expertise in managing both purchasing and sales processes from initiation to completion.
- Become proficient in General Ledger accounting: Master recording, managing, and reporting financial transactions accurately.
- Handle Accounts payable efficiently: Manage vendor payments, invoices, and reconciliation effectively.
- Close the books with confidence: Learn the procedures for performing daily postings and finalizing accounts at the end of each period.
Cost and Management Accounting:
- Accurately calculate accruals and deferrals: Understand how to account for expenses and income that occur across different periods.
- Consolidate financial statements seamlessly: Gain the skills to combine reports from various entities into a unified financial picture.
- Work effectively with multiple currencies: Manage transactions and reporting in different currencies with ease.
- Understand the role of trading partners: Learn how to interact and transact with other companies within the SAP system.
- Create different financial statement versions: Generate multiple reports for different purposes and audiences.
Additional Key Skills:
- Manage opening and closing periods efficiently: Set up new accounting periods and finalize old ones accurately.
- Gain expertise in Fixed Asset and Inventory valuation: Master the processes for managing and valuing company assets and inventory.
- Optimize the Hire to Retire process: Understand the employee lifecycle within the SAP system, from recruitment to termination.
- Structure your Finance organization effectively: Set up and manage the company's financial structure and user access within SAP.
- Control and configure SAP Controlling: Familiarize yourself with the controlling module and its capabilities for cost analysis and planning.
How SAP FICO Training Classes Work?
Updated SAP Syllabus
Amended SAP FICO modules to keep you on track with the industry
Get Hands on Experience
With our real-life project made by industry experts and academia
Get Doubts Cleared
Our academia & trainers are always here to help you get your doubts solved
Test Your Knowledge
With our Learnersmall App, you can test your concepts with assignments and quizzes
Sit for the Final Exam
Your training will be completed once you take the final exam
Get Industry Recognized Certification
You will be certified as Certified SAP FICO Professional by SAP, ICA Edu Skills and NSDC.
What to expect with SAP Course?
Upon successful completion of this course, you will be able to:
- Demonstrate a comprehensive understanding of SAP FICO concepts
- Implement and configure SAP FICO modules
- Manage financial transactions and accounts
- Prepare financial statements
- Analyze financial data
- Use SAP FICO for reporting and forecasting
Why do SAP FICO Training from ICA Edu Skills?
SAP Certified Training Interactive Classes 90% Practical + 10% Theory Real Life Projects Mock Interviews 100% Job AssuranceSAP FICO Certification
We, at ICA Edu Skills, India’s No. 1 Training & Skill development institute, specialize in job-oriented courses to make you industry-ready. We insure the careers of the Indian Youth by combining learning with the best-in-class practical training at the most affordable fees possible. The courses are jointly certified with SAP Training Shop, National Skill Development Corporation (NSDC) and ICA Edu Skills Pvt. Ltd.
- SAP ERP overview & Navigation
- Procure to pay process
- Order to cash process
- General Ledger accounting
- Accounts payable business process
- Accounts payable closing process
- Bank related accounting business process
- Financial statement creation business process
Hours
1 Lecture
Lecture 1 : SAP ERP overview & Navigation
Module Benefit
Master navigating SAP ERP, understanding its structure and components, for efficient system interaction.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Efficiently manage end-to-end procurement processes in SAP, from purchase requisition to vendor payment.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Effectively handle sales processes in SAP, from order creation to customer payment, ensuring seamless transactions.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Gain proficiency in managing and analyzing financial transactions through General Ledger accounts in SAP.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Learn to manage vendor invoices, payments, and reconciliation within SAP's Accounts Payable module.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Learn daily posting techniques and perform period-end closings for effective management accounting in SAP.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Understand and manage accruals and deferrals for accurate financial reporting and compliance.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Gain insight into consolidating financial data using a unified Chart of Accounts for accurate reporting.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Learn to manage financial transactions in multiple currencies, ensuring accurate valuation and reporting.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Understand the concept of trading partners and their significance in SAP financial processes.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Acquire skills to customize financial statements through different versions to meet specific reporting needs.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Master the process of opening and closing accounting periods to maintain accurate financial records.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Efficiently manage fixed assets, from acquisition to disposal, ensuring accurate depreciation and reporting.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Understand various methods of inventory valuation and implement accurate valuation processes in SAP.
Hours
1 Lecture
Lecture 1 :
Module Benefit
ULearn to manage employee lifecycle processes, from hiring to retirement, effectively within SAP.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Comprehend SAP's finance organization structure and manage financial master data for accurate reporting.
Hours
1 Lecture
Lecture 1 :
Module Benefit
Acquire knowledge of SAP's controlling organization structure to effectively manage cost and internal processes.
