SAP FICO course will train you in Financials (FI) and Controlling (CO), the two major categories of functionality needed to run the financial accounts of a company. FI includes accounts payable, accounts receivable and general ledger. It also includes procedures to post accounts, close books, and to prepare financial statements and balance sheets. Our SAP FICO training combines Financials and Controlling into one course. Our team of experienced SAP instructors will work with you as you migrate to SAP practice and become SAP consultants.

WHO SHOULD ATTEND:

  • CPAs and CFAs
  • Students with a Bachelor or Master’s degree in Finance
  • Anyone interested in learning SAP FICO

PREREQUISITES:

Students are required to have a good understanding of financial and accounting principles and software. Familiarity with invoice creation, vendor management, billing contracts, and cost analysis and controls is preferred

Course Content for SAP FICO

  • Introduction to SAP
  • History of the SAP
  • Different modules
  • Introduction to FICO
  • Enterprises structure
  • Financial accounting global settings
  • New general ledger concept
  • General ledger accounting and global settings
  • General ledger
  • Creation and maintenance of house bank
  • Account receivable/account payable
  • Asset accounting
  • Overhead Cost Controlling
  • Cost element/cost center accounting
  • Internal order
  • Profitability analysis
  • Profit center accounting
  • Financial statement versions