SAP FICO

Master in SAP FICO

At Skill Elevate, we provide in-depth SAP FICO training courses that encompass all aspects of financial accounting and controlling, including general ledger, accounts payable, and financial reporting. Our carefully structured courses adhere to industry standards, ensuring that our students gain the highly sought-after expertise in SAP FICO and financial management.

Course Curriculum

Introduction to SAP FICO
  • Overview of SAP FICO
  • Key Features and Benefits
  • SAP FICO Architecture
Getting Started with SAP
  • Navigating the SAP Interface
  • Basic SAP Terminology
  • Setting Up Your SAP Environment
Organizational Structure in SAP FICO
  • Defining Company Codes
  • Creating Business Areas
  • Configuring Chart of Accounts
  • Defining Fiscal Year Variants
General Ledger Accounting
  • General Ledger Master Data
  • Posting Transactions
  • Managing Account Balances
  • Configuring Document Splitting
Accounts Payable (AP)
  • Vendor Master Data
  • Invoice Verification
  • Payment Processing
  • Managing Vendor Payments and Reconciliation
Accounts Receivable (AR)
  • Customer Master Data
  • Invoice Creation and Distribution
  • Payment Receipts and Application
  • Managing Collections and Dunning
Expense Management
  • Configuring Expense Policies
  • Expense Report Submission and Approval
  • Expense Reimbursements
  • Expense Reporting and Analytics
Asset Management
  • Capitalizing and Depreciating Assets
  • Asset Tracking and Inventory Management
  • Asset Valuation and Reporting
Bank Accounting
  • House Bank Configuration
  • Electronic Bank Statement
  • Bank Reconciliation
  • Cash Journal
Controlling (CO) Basics
  • Controlling Area Configuration
  • Cost Element Accounting
  • Cost Center Accounting
  • Internal Orders
Cost Center Accounting
  • Creating Cost Centers
  • Planning and Budgeting
  • Allocations and Distributions
  • Reporting and Analysis
Profit Center Accounting
  • Defining Profit Centers
  • Assigning Revenue and Costs
  • Profitability Analysis
  • Reporting and Analysis
Internal Orders
  • Creating and Managing Internal Orders
  • Order Settlement
  • Budgeting and Monitoring
  • Reporting and Analysis
Product Costing
  • Configuring Costing Variants
  • Material Costing
  • Activity-Based Costing
  • Product Cost Planning and Analysis
Integration with Other SAP Modules
  • Integration with MM (Materials Management)
  • Integration with SD (Sales and Distribution)
  • Integration with PP (Production Planning)
  • Cross-Module Transactions
Reporting and Analysis
  • Standard Financial Reports
  • Custom Financial Reports
  • Financial Dashboards and KPIs
  • Using SAP Fiori for Reporting
Advanced Topics in SAP FICO
  • New GL Accounting
  • Parallel Accounting
  • Segment Reporting
  • Foreign Currency Valuation
Project: Implementing SAP FICO
  • Planning and Designing the Implementation
  • Configuring Core FICO Modules
  • Testing and Validation
  • Go-Live and Post-Implementation Support
Conclusion and Best Practices
  • Summary of Key Concepts
  • SAP FICO Best Practices
  • Resources for Further Learning

Comprehensive Training

45 Days Training

Learn from Expert

Industry Curriculum

Experimentation Learning

Course and Internship Certificate

Dedicated Placement Team

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