SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module covers almost all business process encountered in various industries, whether service trading or manufacturing. It is one of the very important and widely implemented modules in SAP. IPA has designed course for beginners as well as for experienced professionals.
This course includes:-
SAP Fico is an international software, it has various modules, one such module is SAP Fico, financial and controlling. Become a SAP trained professional and get a handsome job in reputed company by joining advanced program offered by IPA. Duration is 15 months, which includes e Accounting, Finance, Banking, e-Taxation, Payroll, e Commerce. At IPA you get benefit of a comprehensive program especially designed for students.
SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. All accounting-relevant transactions which are made in Logistics (LO) are posted real-time to Financial Accounting by automatic account determination. This data can also be passed on to Controlling (CO).
1. SAP FIco at End User
2. SAP Fico at Power User
3. SAP at implementation Stage
Create a Company
Assign to Company Code
How to Create Chart of Accounts
Retained Earnings Account
GL Account Create, Display, Block & Delete FS00
Posting to General Ledger
How to perform a Journal Entry in SAP
Create Fiscal Year Code in SAP
Define Posting Period
Define Opening And Closing Posting Periods
How to Define Field Status in SAP
Document Type And Number Ranges
G/L Document Park, Hold, Posting in SAP
Customer Master Data Create, Display, Block, Delete in SAP
Change Customer Documents
Create Customer Account Group
One Time Customer
How to post a Sales Invoice
Sales Returns – Credit Memo
How to Post Incoming Payment
How to post a Foreign Currency Invoice
Residual Method: Incoming & Outgoing Partial Payments Posting in SAP
Partial Method: Incoming & Outgoing Partial Payments Posting in SAP
Credit Control for the Customer
How To Create a Vendor Account Group
How to Block or Delete a Vendor
Step by Step Guide to Create Vendor Master Data in SAP
How to post a Purchase Invoice
Purchases Returns – Credit Memo
Withholding Tax in SAP during Vendor Invoice & Payment Posting
Automatic Payment Run
How to Map Symbolic Account to G/L Account
Posting Rounding Differences
SAP FICO Course contains the following sub-modules
General Ledger accounting
Special Purpose Ledger
General Ledger Accounting: - The general ledger accounting is to provide a complete report for external and internal accounting i.e Accounts, Journals, Monthly debits and Credit, Balance sheet and Recording all business transactions.
Accounts Payable: - The Accounts Payable records and manages all accounting data related to vendors
Accounts Receivable: - The Accounts receivable records and manages all accounting data related to Customers
Asset Accounting: - Asset Accounting is utilized for managing your company’s Assets. SAP allows you to categorize assets and to set values for depreciation calculations in each asset class.
Bank Accounting: - Bank accounting is used to manage the bank transactions in the system including cash management.
Consolidation: – Consolidation enables the combining of financial statements for multiple entities within an organization. These financial statements provide an overview of the financial position of the company as a whole.
Funds Management:- Funds Management manages budgets for revenues and expenses within your company as well as track these in the area of responsibility.
Special Purpose Ledger: - Special purpose ledger is used to define ledgers for reporting purposes.