SAP Finance and Controlling FICO Training

• Professional Background: While no prior SAP experience is necessary, a basic understanding of finance, accounting, or business operations will significantly enhance your learning experience. 

• Language Proficiency: Learners must have a strong command of English, as all course content, discussions, and assessments are delivered in English. 

• Interest in Finance and Technology: This course is ideal for individuals looking to deepen their understanding of financial processes and SAP systems, particularly those seeking to advance their careers in finance, accounting, or enterprise resource planning (ERP) environments. 

• Master SAP Finance Module (FI): Learn to manage and process financial transactions in SAP, including accounts payable, accounts receivable, asset accounting, and general ledger. Develop expertise in financial reporting and balance sheet management. 

• Enhance SAP Controlling Module (CO): Gain proficiency in managing internal costs and financial reporting. Learn to implement cost centre accounting, internal orders, activity-based costing, and profit centre accounting to control and optimise business operations. 

• Improve Financial Reporting Skills: Understand how to generate financial reports using SAP, including income statements, balance sheets, and customised financial analyses. Develop the ability to interpret data for strategic decision-making. 

• Navigate SAP Integration Across Business Functions: Explore how the SAP FICO module integrates with other SAP modules such as Material Management (MM), Sales and Distribution (SD), and Human Resources (HR), providing a comprehensive understanding of how financial data flows throughout the organisation. 

• Leverage SAP for Strategic Financial Planning: Learn how to use SAP FICO tools for budgeting, forecasting, and financial planning, equipping you with the knowledge to make informed, strategic financial decisions within the business. 

The SAP Finance and Controlling (FICO) Training course is ideal for professionals looking to enhance their financial management skills using SAP. Below are the individuals who can benefit from this course:

• Finance Executives
• Accountants
• Financial Analysts
• Controllers
• SAP Consultants
• ERP Project Managers
• IT Professionals in Finance Systems
• Business Analysts
• Financial Systems Integrators 

Module 1: Introduction to SAP S/4

• Overview of ERP Systems
• Advantages of SAP S/4 Over Other ERP Systems
• Introduction to SAP S/4 FICO
• SAP S/4 Architecture
• Multi-Tenant Landscape
• Managing Transport Requests
• SAP S/4 Message Types
• 4 C’s in SAP S/4 Implementation
   

Module 2: Financial Accounting Basic Settings

• Configuring Companies
• Assignment of Company Code
• Business Area Configuration
• Chart of Accounts Setup Specific to S/4
• Account Group Configurations
• Retained Earnings Account Management
• Fiscal Year Variants Specific to S/4
• Field Status Variants and Their Allocation
• Tolerance Groups for GL Accounts and Employees
• Document Types and Posting Period Variants
• Setting Global Parameters
   

Module 3: General Ledger Accounting

• G/L Account Operations (Display, Change, Block, Unblock)
• Document Entry and Posting (FB50, FB01)
• Generating G/L Account Balances and Line Items
• Handling Parked and Hold Documents
• Steps for Creating and Posting with Sample Documents
• Document Reversal Techniques: Individual and Mass Reversal
• Managing Accrual and Deferral Documents
• Exchange Rate and Currency Translation
• Clearing Types (Standard, Partial, Residual)
• G/L Account Posting and Tolerance Configurations
   

Module 4: Accounts Payable

• Creating Vendor Account Groups
• Setting Number Ranges for Vendor Master Records
• Developing Tolerance Groups for Vendors
• Vendor Master Data Creation and Management
• Payment Terms and Cash Discounts Configurations
• Automating Payment Program Settings
• Managing House Banks and Payment Transactions
• Check Management and Payment Advices
   

Module 5: Accounts Receivable

• Customer Account Group Settings
• Number Ranges for Customer Master Records
• Customer Master Data Management (XD01/FD01/VD01)
• Dunning and Cash Discount Configurations
• Automated Payment Program for Customers
   

Module 6: Bank Accounting

• Configuring Electronic Bank Statements (EBS)
• Cash Journal Management
• Bank Account Operations
   

Module 7: Asset Accounting

• Asset Accounting Configuration and Management
• Depreciation Settings and Calculations
• Asset Transactions and Year-End Activities
   

Module 8: New General Ledger Accounting

• Implementing Parallel Ledgers
• Document Splitting Techniques
   

Module 9: Financial Reporting

• Financial Statement Version (FSV) Configuration
   

Module 10: Basic Settings for Controlling

• Definition of Controlling Area
• Number Ranges and Plan Versions for Controlling Area
   

Module 11: Cost Element Accounting

• Creating Primary and Secondary Cost Elements
• Automatic and Manual Creation of Cost Elements
• Management of Cost Element Master Records
   

Module 12: Cost Center Accounting

• Setting up Cost Centers and Cost Center Groups
• Hierarchical Structures and Planning for Cost Centers
   

Module 13: Period-End Activities

• Managing Statistical Key Figures
• Assessment and Distribution Cycles
• Periodic Reposting
   

Module 14: Internal Orders

• Order Types and Creation of Internal Orders
• Internal Order Master Data Management
• Variance Analysis and Settlement Profiles
   

Module 15: Profit Center Accounting 

• Creation and Management of Profit Centers
• Defining Control Parameters and Planning Versions
• Document Settings for Profit Center Accounting
   

Module 16: Profitability Analysis

• Configuration of Operating Concern
• Mapping SD Conditions to Copa Value Fields
• Analysis of Profitability Segments
   

Module 17: Product Cost Planning

• Material Costing, Bill of Materials, and Routing
• Creating and Managing Cost Estimates
• Using Costing Variants for Product Costing
   

Module 18: Financial Accounting with Materials Management

• Integration with Organizational Units in MM
• Vendor and Purchasing Configurations
• Invoice Verification and Goods Receipt Processes
   

Module 19: Financial Accounting with Sales and Distribution

• Integration with SD Organizational Structures
• Pricing and Billing Configuration
• Order to Cash Process
   

Module 20: Validations and Substitutions

• Configuration for Document Level and Line Item Level
• Using Sets for Validation and Substitution Rules
   

Module 21: Taxation

• Configuring Input and Output Taxes
• Tax Calculation Procedures
   

Module 22: Year-End and Month-End Closing

• GL Account Balance Carry Forwards
• Managing Special Period Posting
   

Module 23: Trading Partner Configuration

• Setup and Reporting with Trading Partners
• Configuring Intercompany Transactions
   

Module 24: Mass Maintenance

• Tools and Processes for Changing Multiple Master Data Entries
• Using Mass Change Options Effectively