SAP FICO Training (Finance and Controlling)

SAP FICO module handles the statutory and managerial finance of the organization. Some companies have actually started out by implementing the FICO version first and then scaling up to implement further modules
By: Magna Training
Nov. 19, 2010 - PRLog -- SAP FICO module handles the statutory and managerial finance of the organization. Some companies have actually started out by implementing the FICO version first and then scaling up to implement further modules.This training covers user transactions, customization, user exits/BTEs and basic bank configuration.. Along with the training we provide the following additional services.

Basics of SAP & FI/CO

(Week 1 )

   * Basic SAP GUI Navigation
   * Introduction to Finance
   * Introduction to Controlling
   * Organization Structure
   * Master Data
   * Transactional Data


( Week 1 )
   Finance ( FI Module )

   * G/L Configuration
         o Copy Company Code from SAP templates
         o Create Company Code
         o Company Code configuration
         o Standard Line item text configuration
         o Complete GL configuration
         o Validation & Substitution
         o Parallel currencies configuration
         o Taxes on Sales Purchase configuration
         o GL Automatic clearing configuration


( Week 2 )

   * G/L Configuration .. ( Continued )
         o Foreign currency valuation configuration
         o Financial Statement version configuration (Creating Balance sheet and Profit and Loss account)
         o FI - SD account determination configuration

   * Bank Configuration
         o Define House Banks
         o Electronic and Manual Bank statement configuration
         o Check configuration
         o Lockbox Configuration
         o Configuring Cash Journal
   * Accounts Receivables ( A/R ) and Accounts Payable ( A/P ) Configuration
         o Define Account Groups for Customers and Vendors
         o Define Accounting clerk
         o Delete Customer and Vendor Master data


(Week 3 )

   * Accounts Receivables ( A/R ) and Accounts Payable ( A/P ) Configuration .. ( Continued )
         o Configuring Payment terms
         o Configuring various automatic account determination
         o Defining Tolerances
         o Configuring Automatic Payment Program
         o Special GL configuration for down payments from customer and vendors
         o Configuring regrouping of Customers and vendors according to remaining terms of receivables and payables
         o Dunning
         o Configuring calculation of Interest on arrears
   * Asset Configuration
         o Copying Chart of Depreciation
         o Define Asset Classes
         o Configuring account determination for Assets (Integration of Asset with GL)
         o Deactivate Asset class for Chart of depreciation
         o Configuring posting of depreciation
         o Configuring the depreciation key
         o Configuring Period Controls


( Week 4 )

   * Asset Configuration .. ( Continued )
         o Asset Under Construction configurations
         o Configuring asset classes for group assets
         o Define/Assign Settlement profile
   * Taxes
         o SAP Tax Vendor Integration ( Vertex )

Controlling ( CO Module )

   * Cost Center Configuration
         o Configuring the Controlling area
         o Maintaining versions in Controlling area
         o Configuring multiple valuation approaches/ Transfer prices
         o Cost element accounting set up
         o Reconciliation ledger configuration
         o Setting Cost center Hierarchy, cost center master data, activity types
         o Cost center planning which includes creating planner profile, creating planning layout


( Week 5 )

   * Cost Center Configuration.. ( Continued )
         o Configuring various cycles such as Distribution. Assessment, Indirect Activity allocation
         o Configuring Splitting structure
         o Configuring Automatic account assignment (OKB9)
   * Profit Center Configuration
         o Maintain the profit center settings for Controlling area
         o Creation of dummy profit center
         o Creation of Standard hierarchy and creation of profit center master
         o Configuring the transfer price settings
         o Profit center planning configuration
         o Configuring Distribution and Assessment cycle
         o Configuring the 3KEH table (Balance sheet and profit and loss accounts)


( Week 6 )
Profitability Analysis Configuration

   * Profitability Analysis Configuration
         o Creating Characteristics and value fields
         o Configuring the Operating concern
         o Copying an Operating concern from an existing operating concern
         o Maintain Characteristic values, defining characteristics hierarchy
         o Defining Characteristic derivation
         o Defining keys for accessing material cost estimate and assigning costing key to characteristics
         o Planning configuration
         o Maintaining value field groups
         o Configuration for value flow from SD to PA
         o Configuration for value flow form FI to PA
         o Configuration for settlement of Product costing variance to PA
         o Creation of Profitability report
         o Transporting customizing settings
   * Use of Report Painter to design reports in SAP R/3 System.

  1. One Month of FICO functional support (After training, During the practice).
  2. Mock Interviews.
  3. Interview Tips.
  4. Resume Marketing
  5. Sample SAP FI/CO Resumes.

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Welcome to Magna Training - Your Premier Online SAP Training Portal.Our online and class room based SAP training courses are interactive live video and live person sessions given by Professionals with many years of industry experience as well as teaching experience. We also offer FREE SAP tutorials to beginners and experienced folks alike. We have many value added services to our customers including Professional Resume Preparation, mock interviews in a professional & formal setting, extended access to our live systems and one month of Professional support by the instructor - All part of the standard package.
Tags:Sap Fi/co Training, Sap Fico Training
Industry:Education, Technology, Software
Location:Edison - New Jersey - United States
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