SAP Finance and controlling
✓ SAP as ERP
✓ Basics of integration of MM module with QM, PP, SD, FI modules.
✓ Modules and roles in SAP
✓ Scope of SAP in Industry
✓ Define Company
✓ Define Company Code
✓ Define Business Area
✓ Assign Company Code to Company
✓ Maintain Controlling Area
✓ Assignment of Company Code to Controlling Area
✓ Maintain Fiscal Year Variant
✓ Assign Fiscal Year Variant to Company Code
✓ Define Posting Period Variant
✓ Assign Posting Period Variant to Company Code
✓ Maintain Open and Close Posting Periods
✓ Define Field Status Variant
✓ Define Tolerance Groups for employees
✓ Define Tolerance Groups for G/L
✓ Assign Field Status Variant to Company Code
✓ Document Types
✓ Posting Keys
✓ Define Number Ranges for Document Types
✓ Define chart of Account
✓ Assign Company Code to Chart of Account
✓ Define Accounts Groups
✓ Define Retain Earning Accounts
✓ Create G/L Master Data
✓ Change G/L Master Data
✓ Block/Unblock G/L Master
✓ Delete G/L Master
✓ Transaction Posting to G/L Account
- Normal Posting
- Reversal Posting (Individual)
- Hold Document
- Park Document
✓ View G/L Report
✓ Foreign Currency Settings
✓ Cash Journal
- Setup Cash Journal Account
- Document Type for Cash Journal
- Number Range for Cash Journal
- Setup Cash Journal Transaction
- Cash journal Posting and Reports
✓ Define Vendor Account groups
✓ Create number ranges for vendor account groups
✓ Assign number ranges to vendor account groups
✓ Define Tolerance groups for vendors
✓ Create Vendor Master Data
✓ Modify Vendor Master Data
✓ Block/Unblock Vendor Master Data
✓ Post vendor invoice
✓ Post credit memo
✓ Vendor Accounts Balances (Open Item Report)
✓ Vendor Outgoing Payment with Clearing
✓ Terms of Payment
- Terms of Payment (Normal)
- Terms of Payment (With discount)
- Terms of Payment (Fixed)
- Terms of Payment (Instalment)
✓ Vendor Down Payment
- Create down payment Reconciliation account
- Link Down payment Recon. Act with Vendor Recon. Act
- Post Vendor Down payment
- Post Vendor Invoice
- View Vendor Report
- Clear Down Payment
- Make Vendor Payment
- View Vendor Report
✓ Automatic Payment Program
- Step1: All Company code
- Step 2: Paying company codes
- Step 3: Payment methods in country
- Step 4: Payment Methods in Company Code
- Step 5: House Bank
- Step 6: Bank Determination
- Step 7: Update Vendor Master
✓ House Bank and Bank Account set up
✓ Withholding tax Configuration
- Check Withholding countries
- Define Withholding Tax Keys
- Define Reasons for Exemption
- Define Withholding Tax Type for Invoice Posting
- Define Withholding Tax Codes
- Activate Extended Withholding Tax
- Creation of G/L account for TDS posting
- Define Accounts for Withholding Tax to be Paid Over
- Activation of CIN in Vendor Master
- Maintain Company Code Settings
- Assign Withholding Tax to Vendor Master
- TDS Posting with Exemption Scenario
- Update exemption details to vendor master
✓ Define Customer Account groups
✓ Create Number Ranges for Customer Account Groups
✓ Assign Number Ranges to Customer Account Groups
✓ Tolerance groups for customer
✓ Define Customer Accounts
✓ Post customer Invoice
✓ Post Customer Credit Memo
✓ Customer Accounts Balances (Open Item Report)
✓ Customer Outgoing Payment with Clearing
✓ Display posted document
✓ Customer Down Payment
- Create down payment Reconciliation account
- Link Down pyt Recon. Act with Cust. Recon. Account
- Post Customer down payment
- Post Customer Invoice
- View Customer Report
- Clear Down Payment
- Make Customer Payment
- View Customer Report
✓ Dunning Configuration
- Define Dunning Procedure
- Run Dunning Program
✓ Tax on Sales/Purchase
- Define Condition Type
- Create G/L Accounts
- Create/Copy Transaction Key
- Assign G/L Accounts
- Create Tax Procedure
- Assign Tax Procedure to country
- Creation of Tax codes
- Edit sales revenue G/L
- Post a customer invoice
✓ Copy reference chart of depreciation
✓ Assignment of chart of depreciation to company code
✓ Creation of 0% tax codes for sales and purchased
✓ Assignment of 0% tax code to company code
✓ Specify account determination
✓ Creation of screen layout rules
✓ Define number range intervals
✓ Creation of asset class
✓ Creation of G/L accounts
✓ Assignment/Integration of G/L account for automatic posting
✓ Specify document type for depreciation posting
✓ Specify interval and posting rule
✓ Determination of depreciation area in the asset class
✓ Specify rounding of net book value
✓ Define screen layout for asset master data
✓ Specify the screen layout for asset depreciation area
✓ Define depreciation calculation methods
✓ Maintain depreciation key
✓ Creation of asset master records
✓ Edit asset master records
✓ Asset purchase
✓ Asset explorer
✓ Depreciation run
✓ Acquisition of fixed assets
✓ Sale of fixed assets
- Sale of asset with customer
✓ Sale of asset without customer
- Transfer of assets
- Intercompany transfer
- Intracompany transfer
✓ Asset scraping
✓ Depreciation run
✓ Sensitive fields for dual control
✓ One time vendor concept
✓ Validation Rule
✓ Substitution Rule
✓ Legacy System Migration Workbench (LSMW)
✓ Financial Statement Version
✓ Bank Reconciliation (EBS)
✓ Landscape Arrangement/Types of Server (Prerecorded Session)
✓ Integration of financial accounting with materials management
- Definition of organizational units in materials management i.e. plant, storage location and purchase organization
- Assignment of organizational units to each other
- Definition of tolerance groups for purchase orders
- Definition of tolerance groups for goods receipt
- Definition of tolerance groups for invoice verification
- Definition of vendor specific tolerances
- Creation, display and change of material master records
- Creation of plant parameters
- Maintenance of posting periods for materials management
- Maintenance of parameters for invoice verification
- Maintenance of plant parameters for inventory management and physical inventory
- Definition of attributes for material types
- Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)
- Creation of purchase order, posting of goods receipt, invoice verification and Goods issue for production
✓ Integration of financial accounting with sales and distribution
- Definition of sales organization
- Definition of distribution channels
- Definition of divisions
- Assignment among various organizational units in SD
- Definition of partner functions
- Definitions of shipping point and loading points
- Definition of pricing procedures
- Determining the shipping points
- Determining the pricing procedures
- Maintenance of SD condition types
- Maintenance of condition records
- Assignment of GL accounts for sales transactions
- Creation of sales order
- Initialization of stock
- Posting the delivery of goods
- Creating the sales invoice
✓ New G/L
✓ Document Splitting
COST ELEMENT ACCOUNTING:
✓ Creation of Primary cost element
✓ Edit Primary cost element
✓ Mass creation of Primary cost element
✓ Generation of Batch input session
✓ Run batch input session
✓ Creation of secondary cost element
✓ Edit secondary cost element
✓ Display secondary cost element
COST CENTER ACCOUNTING:
✓ Activate cost center accounting
✓ Cost center standard hierarchy
✓ Creation of Cost center Categories
✓ Maintain No. range for co document
✓ Creation of cost center
✓ Edit cost center
✓ Display cost center
✓ Deletion cost center
✓ Cost center Report
PROFIT CENTER ACCOUNTING:
✓ Activate Profit Center
✓ Maintain controlling area settings
✓ Define Dummy profit center
✓ Set control parameters for actual data
✓ Maintain plan versions
✓Create Profit Center
✓ Edit Profit Center
✓ Display Profit Center
INTERNAL ORDER:
✓ Define settlement profiles
✓ Define order type
✓ Define and assign number range
✓ Create internal order
✓ Edit internal order
✓ Display internal order
Project preparation and mock interviews
E2E Implementation and rollout project
✓ ASAP methodology
✓ Blueprint importance and how blueprint is created?
✓ Sample questions asked by consultant to client understand current business process to create Blueprint document?
✓ Key data structure creation
✓ Business process master list creation
✓ Gaps identification
✓ WRICEF (Reports/Interference/Enhancement/Smart forms)
✓ Data migration tools
✓ Cutover activities
Landscape structure
✓ Development (Golden and testing client)
✓ Quality assurance
✓ production
Transport or customizing request
✓ Types of transport request
✓ Transfer transport request client to client and landscape to landscape
Testing types
✓ Unit testing
✓ System integration testing
✓ User acceptance testing
How support consultant works?
✓ Support tickets handling
✓ Level of support tickets
About SAP FICO Course
SAP FICO encompasses two integral sections, SAP Finance( FI) and SAP Controlling( CO), both essential for effective fiscal processes. While SAP FI manages overall fiscal account and reporting, SAP CO focuses on cost planning and monitoring. Together, they form a pivotal functional element within SAP ERP, allowing associations to maintain comprehensive fiscal sale records. preliminarily treated as separate modules, SAP FI and SAP CO are now consolidated into a single module. The primary ideal of SAP FICO is to prop companies in generating fiscal statements and furnishing necessary data for reporting and analysis, easing informed decision- timber and robust business planning. also, SAP FICO integrates seamlessly with other SAP logistic modules similar as production Planning( PP), Sales and Distribution( SD), Quality Management( QM), Materials Management( MM), and Plant Maintenance( PM).
Why should you learn SAP FICO?
Career Opportunities- Opting for Best SAP FICO opens doors to lucrative career prospects as multinational corporations and large enterprises increasingly seek certified SAP experts. With a shortage of skilled SAP professionals, there’s a high demand for certified individuals in this field, ensuring promising job opportunities.
Growing Significance of SAP- SAP FICO plays a vital role in streamlining financial management systems, impacting various aspects of business operations. Its utilization enhances efficiency and simplifies accounting processes, making it an indispensable tool for businesses across industries.
Enhanced Reputation- Certification is a standard practice among SAP experts, contributing to the credibility of individuals in this field. Acquiring knowledge in SAP can bolster your resume and establish your credibility as a proficient SAP professional, enhancing your reputation in the job market.
High Demand- SAP FICO encompasses diverse elements catering to various financial functions such as accounts payable, accounts receivable, general ledger accounting, bank accounting, and travel management. Its flexibility and user-friendliness make it a preferred choice for businesses worldwide, resulting in high demand for professionals skilled in SAP FICO.
Competitive Advantage- By undertaking SAP FICO training, you equip yourself with the necessary skills to remain competitive in the dynamic IT market. Completing training with SAP FICO Course in Pune ensures you stay abreast of industry trends and maintain relevance in the ever-evolving IT landscape.
Why choose Shreeja Learning Hub for learning SAP FICO?
Shreeja Learning Hub stands out as a premier institute offering the stylish Best SAP FICO Classes in Pune. Our SAP FICO Training Center in Pune is designed in line with current assiduity norms, icing that scholars gain the essential knowledge to secure positions in prestigious MNCs, all at an affordable price. We welcome students from all walks of life, supporting them in achieving their career goals.
Our SAP FICO Course in Pune is conducted by seasoned coaches with over a decade of assiduity experience. These professionals are well– clued in the rearmost SAP FICO developments and emphasize practical, real– world operations. As active workers in leading MNCs, they bring a wealth of practical knowledge, covering everything from the basics to advanced SAP FICO generalities.
One of the crucial reasons to choose Shreeja Learning Hub is our commitment to furnishing a comprehensive literacy experience. We believe in a” literacy by doing” approach, which is integral to our tutoring methodology. This hands– on learning strategy ensures that students not only understand theoretical concepts but also gain practical experience through real– world simulations and exercises. This practical exposure is pivotal for learning SAP FICO Course in Pune, as it allows scholars to apply their knowledge in real business scripts.
Our Best SAP FICO Coaching Classes In Pune cover a wide range of topics essential for fiscal and controlling processes within an association. scholars will learn about fiscal account, including accounts outstanding, accounts delinquent, general ledger accounting, and bank account. also, the course delves into cost controlling, covering aspects similar as cost element account, cost center account, internal orders, and profitability analysis. This comprehensive curriculum ensures that students are well– prepared to handle colorful fiscal tasks in any business environment.
The SAP FICO Training Center in Pune at Shreeja Learning Hub is equipped with state– of- the- art installations to give a conducive literacy terrain. Our classrooms are well– equipped with the rearmost technology and coffers to enhance the literacy experience. We also offer flexible class schedules, including weekend and weekday batches, to accommodate the different requirements of our students.
also, Shreeja Learning Hub is committed to furnishing placement support to our students. Our devoted placement cell works lifelessly to connect students with leading companies, helping them secure promising job openings. We offer capsule structure, interview medication, and career comforting to insure that our scholars are well– prepared to enter the job market with confidence.
In addition to our excellent training and placement support, our SAP FICO Course in Pune is competitively priced, making it accessible to a wide range of scholars. We believe that quality education should be affordable, and we strive to give the stylish value for our scholars ’ investment.
In conclusion, choosing Shreeja Learning mecca for SAP FICO training in Pune is a smart decision for anyone looking to make a successful career in this field. Our educated coaches, comprehensive class, hands– on learning approach, state– of- the- art installations, and strong placement support make us the ideal choice for SAP FICO Course in Pune. Enroll moment and take the first step towards a satisfying career in SAP FICO Course in Pune.
Frequently Asked Questions
SAP FICO stands for SAP Finance (FI) and SAP Controlling (CO). It is essential for managing financial transactions and internal controls, enabling accurate financial reporting and strategic decision-making.
The course is open to finance professionals, accountants, business managers, IT specialists, and fresh graduates. Basic knowledge of business and finance is helpful but not required.
The course covers Financial Accounting (FI) topics like General Ledger, Accounts Payable/Receivable, and Asset Accounting, as well as Controlling (CO) topics like Cost Center Accounting and Profitability Analysis. It also includes integration with other SAP modules.
Our course combines theoretical and practical learning with hands-on exercises and real-world simulations, taught by experienced trainers from top MNCs. It’s affordable and accessible to all backgrounds.
You will receive an industry-recognized certification from Shreeja Learning Hub, which is highly valued by employers and enhances your job prospects in the SAP field.
Yes, we provide comprehensive job placement support, including resume building, interview preparation, and career counseling, helping students secure jobs in leading companies.