SAP FICO Online Training

SAP FICO training course enhances the core accounting and reporting capabilities of SAP FICO consultants. It is very suitable for associate level consultants who’ll learn how to ensure the most up-to-date balances and reporting accuracy through complete integration between the general ledger and the accounts receivable and accounts payable. Many certification-based SAP FICO training are also available which imparts hands-on training and interactive simulations for better learning. SAP FICO training & placement courses assist professionals in preparing for the job interviews also. Attending SAP FICO classes will open up the doors for several job opportunities. SAP FICO certification exhibits a person’s knowledge in areas like SAP FI user, SAP FI configuration, SAP CO user, SAP CO configuration and much more.

SAP FICO training is ideally suited for finance professionals, SAP consultants, finance controllers, finance managers, finance students, accountants, SAP Technical consultants and developers. SAP FICO certification is highly recommended for CPAs, CFAs and students with a degree in Finance. Anyone interested in SAP FICO can attend.

• How SAP Financial Accounting works
  
• Basics of SAP Financial Accounting
  
• Important Financial Accounting Terms
  
• Importance of the General Ledger and its features
  
• How the financial module integrates with other SAP modules
  
• Organizational elements of R/3 and the basic settings
  
• Classify and reconcile R/3 documents with the original documents
  
• Opening and closing posting periods
  
• Posting authorizations to users

SAP FICO

SAP FICO is one of the important modules of SAP ERP (Enterprise Resource Management). It is the combination of two modules called SAP FI (Financial Accounting) and SAP CO (Controlling) which are used to manage all the financial transactions of an enterprise and control the planning, monitoring and reporting processes of various operations in an enterprise. Let us further examine both FI and CO modules.

SAP FI (Financial Accounting)

This exclusive SAP ERP software module allows the employee of an enterprise to access and manage various data related to financial transactions of the business in an integrated system. It is an excellent tool to analyze various financial data of a business and understand the real-time financial position of the business. Particularly, SAP FICO does eliminate the hardship involved while generating reports of requirements and status of the business. Be it a small scale business or a large scale industry, SAP FI module is extensively flexible to handle the respective economic situation by helping to generate consolidated business transaction reports and requirements reports. This Financial Accounting module of SAP is fluent in integrating with other SAP ERP modules like SAP PP (Production Planning), Payroll, SAP MM (Material Management), SAP SD (Sales & Distribution) and renders better results and reports.

SAP CO (Controlling)

SAP CO (Controlling) is also among the significant modules of SAP ERP for its support to the business planning, reporting, and monitoring processes. It plays an important role in generating financial reports with its special methods to organize and explore the costs of the enterprise. SAP CO module lets an employee to create a strategic report on business plans, tracking the business growth, tracking the performance, boosting the performance and evaluating the costs of an enterprise. Cost elements, cost centers, profit center, internal order, functional area and many other configuring and managing master data are provided by the SAP Controlling (CO) module.

• Enhances your knowledge on SAP FI User, SAP FI Configuration, SAP CO User and SAP CO Configuration
  
• Give practice on SAP simulations
  
• Establishes one's proficiency as a SAP consultant in global market
  
• Improves job performance
  
• Enhances career prospects

Any graduate can take up SAP FICO training course. Working experience in book keeping, accounting and data management will be beneficial. Familiarity with invoice creation, vendor management, billing contracts and cost analysis will give an edge.