SAP FICO

Know your way around the SAP FICO .

SAP FICO (Financial Accounting and Controlling) is one of the most widely used modules of the SAP ERP system. It is used to manage an organization's financial transactions and accounting, from small businesses to large multinational corporations. SAP FICO training is essential for anyone who wants to learn how to use this powerful module to manage financial accounting and more advanced topics such as financial planning and budgeting, financial reporting, and tax accounting.

The training will also cover the various sub-modules of SAP FICO , such as the account payable, Account Receivable, General ledger, and Asset Accounting. Each of these sub-modules will be covered in detail so that participants can understand how they work and how they can be used to improve the financial management of an organization. One of the key benefits of sap fico online training is that it will give participants the knowledge they need to use the module to manage financial transactions and accounting effectively. This can include managing accounts payable and receivable, creating financial reports, and budgeting and forecasting.

SAP FICO training can also be helpful for those who need to pursue a career in accounting or financial management. By learning how to use the module, participants can gain the skills and knowledge they need to excel in these fields. SAP FICO training is a valuable investment for anybody who needs to learn how to use this powerful module to manage an organization's financial transactions and accounting.

Whether you are kind of small business owner a financial manager, or a student looking to pursue a career in accounting or financial management, sap fico certification training can help you achieve your goals. At Careerera, we provide HR professionals that are always ready to take the professional world by storm and shape a better intellectual and innovative world!

Why choose Careerera?

Careerera offers a comprehensive and interactive SAP FICO training program to meet all learners' needs. Here are some specific reasons why you should choose Careerera for your SAP FICO training:

  • Experienced instructors: Careerera's SAP FICO trainers are experts in their field and have years of experience working with the module in real-world environments. They can provide practical examples and insights to help learners better understand the concepts.
  • Flexible learning options: Careerera offers both online and classroom-based training options. This allows learners to choose the format best suits their learning style and schedule.
  • Interactive learning: Careerera's training approach is interactive, which means that learners can ask questions and participate in hands-on exercises to reinforce their understanding of the material.
  • Customized training: Careerera's training program can be customized to meet the required needs of the students. The training can be tailored to the learners' experience level, job role, and organizational requirements.
  • Certification: Careerera's SAP FICO training program includes an exam and certification. This will help learners demonstrate their knowledge and skills to employers and further their careers.
  • Affordable and high-quality training: Careerera offers high-quality training at an affordable price. The training cost is reasonable and accessible to everyone.

Thus, Careerera's SAP FICO course online training program is designed to provide the individual with the knowledge and skills to effectively use the module to manage an organization's financial transactions and accounting. With experienced instructors, flexible learning options, interactive training, and certification, Careerera is the best choice for anyone looking to learn SAP FICO .

Objectives of Fico Training:

  • The objective of SAP FICO (financial accounting and controlling) training typically includes:
  • It understands basic concepts and the architecture of the SAP FICO module.
  • Learning how to configure and use the various sub-components of SAP FICO , such as Financial Accounting (FI), controlling (CO), and Assets Accounting.
  • Acquire the skills to create and maintain financial accounting documents and ledgers
  • Understanding how to create and manage cost elements, cost centers, and profits centers
  • Learning how to perform financial reporting and analysis using the SAP FIco
  • Understanding how to integrate SAP FICO with other SAP modules, such as ales and the Distributions an the material management
  • Gaining the skills to troubleshoot and resolve common SAP FICO issues.
  • Understanding how to use the new GL( new General Ledger) and its features
  • Learning how to implement and manage currency management in SAP FICO .
  • Understanding how to use the document splitting features to split the financial documents into multiple segments.
  • Understanding how to use parallel accounting features to create multiple versions of the same financial documents.
  • Understanding how to use the profit center accounting features to create and manage profit Centres.
  • Understanding how to use the COPA modules and features, such as cost and revenue elements accounting, activity-based costing, and profitability segment reporting.

SAP FICO Training Requirements:

To participate in SAP FICO training, a few requirements must be met:

  • Basic knowledge of accounting: Participants should have a basic understanding of accounting concepts and principles, as the training will build on this foundation.
  • Technical skills: Participants should have basic computer skills and be comfortable working with software, as the training will use the SAP FICO module.
  • Access to the SAP system: Participants will need access to the SAP system in order to complete the training exercises and assignments.
  • A computer with internet access: Participants will need a computer with internet access in order to participate in the training.
  • Willingness to learn: Participants should be willing to learn and actively participate in the training to gain the most benefit.

It's also worth noting that, even though it's online training, certain providers like Careerera provide the necessary software and access to the SAP system to complete sap financial controlling certification training exercises and assignments, so learners don't have to worry about that, in addition to having a dedicated support team to help with any technical issues.

What will you learn?

Here are the points that you will learn while doing the SAP FICO Training.

After completing the SAP FICO online training, you will have the knowledge and skills to

  • Understand the fundamentals of financial accounting, including setting up charts of accounts, creating and maintaining financial records, and generating financial statements.
  • Manage accounts payable and accounts receivable, including creating and processing vendor and customer invoices and reconciling accounts.
  • Create and maintain the general ledger, including how to post transactions and generate financial reports.
  • Manage fixed assets, including recording and tracking assets, calculating depreciation, and generating financial reports.
  • Create financial plans and budgets, including forecasting revenues and expenses and tracking performance against budget.
  • Generate financial reports, including balance sheets, income, and cash flow statements.
  • Manage taxes, including how to record and track taxes, calculate and pay taxes, and generate tax reports.
  • Configure the SAP FICO module to meet the needs of your organization, including how to set up and maintain master data and how to customize the module to meet your specific requirements.
  • Integrate SAPFICO with other SAP modules, such as Sales and Distribution (SD) and Material Management (MM), to ensure that all financial transactions are accurate and up-to-date.
  • Troubleshoot and support the SAP FICO module, including identifying and resolving common issues and providing ongoing support to users.
  • Understand the real-world application of SAP FICO in various industries and how it can be implemented to improve financial management within an organization.
  • Be able to pass the SAP FICO certification exam and demonstrate your knowledge and skills to employers.

Overall, after completing the SAP FICO online training, you will get through an understanding of the module and its capabilities and be able to apply that knowledge to manage an organization's financial transactions and accounting.

Who this course is for?

  • Anybody who wants to learn the SAP FICO implementation and the configuration
  • Those who want to learn ad extend their knowledge to configure SAP FICO .
  • Other ERP consultants who are looking to learn SAP FICO configuration and implementation.

Course Highlights

  • Provides a comprehensive understanding of the SAP FICO module and its integration with other modules in the SAP system
  • It covers topics such as financial accounting, controlling, and financial reporting
  • Includes hands-on training and practice exercises to apply knowledge and skills learned
  • Offers a detailed study of key features and functions of SAP FICO , such as general ledger, accounts payable, accounts receivable, and asset accounting
  • Prepares students for the SAP FICO certification exam and helps them develop the skills and knowledge needed to work as an SAP FICO consultant
  • Delivers a mix of theory and practical sessions for better understanding and retention of the learned material.
  • Also covers the latest updates and advancements in the SAP FICO module.
  • The course is designed to provide knowledge to both freshers and experienced professionals in finance and accounting.
  • Industry experts teach the course with extensive experience in SAP FICO .
  • The course is available in various formats such as online, classroom, and self-paced study.
  • The course provides access to study materials and resources such as e-books, video tutorials, and practice tests.
  • The course provides ongoing support and guidance to students even after completing the program.
  • The course can be completed within a flexible timeframe that suits individual needs.
  • The course provides a valuable certification that can help boost career opportunities in the field of finance and accounting.
  • 24/7 help from the Careerera team that assist you with any queries or issues.

Course Delivery

SAP FICO , is the course is designed to be flexible and accommodate the needs of different learners.

  • The course is available online, with access to self-paced learning materials such as e-books, video tutorials, and practice tests.
  • Online students have access to live virtual classes, where they can interact with the instructor and other students.
  • Students can access the course materials and resources at any time and from any location.
  • The online course is designed to be completed within a flexible timeframe that suits individual needs.
  • Students can ask questions and receive immediate feedback from the instructor.
  • The course is designed to be completed within a flexible timeframe that suits individual needs.
  • Students have access to ongoing support and guidance from the instructor even after the completion of the program. The course provides a valuable certification that can help boost career opportunities in the field of finance and accounting.

Why SAP FICO ?

SAP FICO has improved financial management in organizations. It is one of the most in- demand and well-known modules, prompting steady growth and offering excellent job prospects.

Tremendous Hike in SAP FICO Relevance

Global Rise in Demand for SAP FICO Professionals

Features the most in-demand Modules

Gain Project Leadership Positions Using SAP FICO

Enables Automating Process Robotically

SAP FICO COURSE OUTCOME:

On completing the course, professionals will be well-equipped with the following advantages:

Bridging the gap between academia and industry

With the help of SAP FICO , generate a resource pool of qualified workers.

Increase employability by acquiring the necessary skills to satisfy the industry's constantly evolving needs.

Create a knowledge-based economy with a cost-effective program for the top IT company in the world.

Recognize industry standards that are supported by SAP ERP and become Future- proof.

Program Highlights

Know about how the SAP FICO course will benefit you.

  • Online Program

    40- 48 Hours Intensive Training

    Online Live Interactive Sessions

    Industry Expert Trainers

  • Collaborations

    For exchanging high-quality training and information Careerera has partnered with numerous prestigious universities and organizations throughout the world.

  • A Committed Support Team for Your Professional Excellence

    Live Sessions with Industry Experts

    System for Redressing Grievances

    Dedicated technical support for utilizing platform features.

  • Be Industry-Ready Anytime

    Real-world case studies to develop practical skills to help you become a versatile and dynamic player

    Exposure to Business Processes, Master Data, Asset Classes, Profitability Analysis

    Several industry information seminars will help you gain insights into the industry.

Program Curriculum

An overview of what you will learn from this program.

Module 1: Introduction to SAP

Module 2: Organization Structure

Module 3: Global Financial Accounting Settings

Module 4: Global General Ledger Accounting

Module 5 : Accounts Payable & Receivable

Module 6: Asset Accounting

Module 7 : Controlling

Module 8: Cost Element/ Centre Accounting

Module 9: Internal Order

Module 10: Product Cost Management

Module 11: Cost-benefit analysis

Module 12: Accounting for profit centres

Module 13: Versions of financial statements

Why Careerera

Enrol with leading global online educational course provider.

Users

250000+

Top Ranked Programs

10

Industry Experts

500+

Expert Faculties

1000+

SAP FICO Batch Profile

Our students include freshers and experienced professionals from across industries, functions and backgrounds.

Career Assistance

Take advantage of Careerera’s partnerships with globally leading partners.

Learn Insights on Futuristic Approaches

Workshops on Resume Review & Interview Preparation

Career Guidance and Mentorship by Careerera and Industry Leaders

Alumni Highlights

  • 200+
    Global Companies
  • $122K PA
    Average CTC
  • $250K PA
    Highest CTC
  • 87%
    Average Salary Hike

Our student From

We have students from world leading companies.

Application Process

Enroll in the program with a simple online form.

Apply by filling a simple online application form

Admissions committee will review and shortlist.

Shortlisted candidates need to appear for an online aptitude test.

Screening call with Alumni/ Faculty

Sign Up

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FAQ

Get the answers to your questions here.

Q1 : What is SAP FICO , and what are its main components?

A : Sap finance and controlling is a module in the SAP ERP system that handles financial and cost accounting. The main components of SAP FICO include General Ledger Accounting, Accounts Payable, Accounts Receivable, Asset Accounting, and Cost Element Accounting.

Q2 : How is SAP FICO integrated with other SAP modules?

Q3 : What is the fresher salary for the SAP FICO ?

Q4 : What are the benefits of using SAP FICO ?

Q5 : What are the primary transactions in SAP FICO ?

Q6 : What are cost elements, and how are they used in SAP FICO ?

Q7 : How is accounting for taxes handled in SAP FICO ?

Q8 : How do I start my career in SAP FICO ?

Q9 : Why should you Learn SAP FICO ?

CERTIFICATE
OF ACHIEVEMENT

Power User Program

This Certificate is Proudly Presented to

John Smith

For Successful Completion of the
Power User Program with all the Mandatory Course Requirements
and Capstone Projects with Distinction.

11/03/2020

Date

Shashi-Bhushan

Director Training

www.careerera.com

Student's Review & Feedback

Program Rated

4.5 / 5 by 1600 learners
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