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    SAP FICO Training

    Course Duration : 3 Month, Course Fee : 35000

    SAP FICO (Finance and Controlling) module training provided by ACLM, Ghaziabad, covering core Business Accounting concepts and reporting capabilities. It is to ensure up to date balances through complete integration between the General Ledger and the Accounts Receivables, Account Payable and Asset Accounts. This course targets candidates nearing Indirapuram, Vaishali, Kaushambi, Sahibabad, Vasundhara, noida & Delhi NCR Region.

    Call @ +91 – 72899 89188 or drop a mail to info@aclm.in to register.

    SAP FICO : Introduction

    SAP FICO sections like Accounts Receivable, Accounts Payable, General Ledger, Tax are incorporated. So as payments are made, products are sold, entries in the books are automatically updated in the system in real time. It makes month ends much easier in companies now with all the automation.

    Controlling, on the other hand represents the flow of costs and revenues from the transactions that take place in the company. It helps to track internal costs within the company. Thus, CO is a management tool which helps them analyse on how well the company is doing. The various segments include Cost accounting, Profitability, Product costing, SAP FICO implementation consolidate data for diverse business transactions and legal requirements. Financial Accounting module helps one to get real-time financial position of an enterprise in the market. FICO incorporates with other modules such as MM, Payroll, SD.

    ACLM is a full-service provider of Training &Development Programs for individuals, and organizations. We conduct cost-effective Training Programs, In-house Trainings, Workshops and Corporate Programs with Professionalism and Sincerity across all industry sectors.

    ACLM SAP FICO Training Delivery Methods:

    • Web / Desktop Base
    • Instructor –Led Classroom Sessions
    • Presentation/ Demonstration/ Practical’s of concepts
    • Handouts/ Assignments/ Real Time Exposure to work

    Topics Covered

    Introduction
    • Introduction, ERP R/3 Architecture, ERP Methodology
    Basic Settings
    • Creation of company, Company code, Assign company code to company, Business Area, Fiscal year variant, assign fiscal year variant to company code, Chart of accounts, Account groups, Retained earnings account, Posting period variant, Document type and no. ranges, Field status variant, Tolerance group, Global parameters
    General Ledger
    • GL master record, New GL, Posting of document, Display balances of GL, Parking hold sample recurring accrual deferral documents, Foreign exchange, Reversal of documents, Interest calculation, Credit management
    Accounts Payable
    • Vendor groups (MM and FI vendors), No. Ranges for vendor accounts, Vendor master record, Tolerance group for vendors, House bank, Correspondence, Advance payments, Automatic payment program, Extended withholding tax, Terms of payments, Cash discount (received), Purchase returns
    Accounts Receivable
    • Customer group (SD and FI customers), No. ranges for customers’ accounts, Customer master records, Advance receipts, Dunning, Cash discount (granted), Input & output tax, Bills of exchange, Lockboxes
    Asset Accounting
    • Chart of Depreciation, Account Determination, Screen layout, Asset classes, Integration with FI, Depreciation, Depreciation Keys, Asset Master, Sub Asset Master, Asset Report, Depreciation Run, Sale of Asset, Transfer of Asset, Scrapping of Asset, Capital work in progress
    Controlling
    • Controlling Area, No. ranges for controlling documents, Versions, Cost element accounting, Cost center accounting, Repost line items, Repost of cost, Actual overhead assessment, Planning cost center and cost element, Budgeting
    Internal Orders
    • ORDER TYPE INTERNAL ORDER, PLANNING INTERNAL ORDER WISE, VIEW INTERNAL ORDER WISE REPORT, SETTLEMENT PROFILE, Budget profile
    Profit Centre Accounting (PCA)
    • Controlling settings, Dummy profit center, Actual data, Profit center, Assignment of revenue elements, Choose accounts, Controlling settings, Dummy profit center, Actual data, Profit center, Assignment of revenue elements, Choose accounts, Creation of cost object, Planning profit and loss items, Planning balance sheet items, Transfer of pricing
    Profitability Analysis (CO-PA)
    • Operating concern Profitability segments, Assignment of controlling area to operating concern, Activate profitability analysis, Mapping of conditions to COPA values, Drill down report, Report painter
    Product Costing
    • Creation of secondary cost element, Activity type, Price calculation, Work center, Routing, Cost sheet, Cost estimate with quantity structure, Cost estimate without quantity structure, Work in progress
    Integration
    • Procurement cycle, Integration with MM, Sales process, Integration with SD, Integration with asset accounting, Integration with controlling, Integration with PP
    Reports
    • Financial statement version, GL reports accounts payable reports, Accounts receivable reports, Assets, Cash book reports, Copa reports
    Real Time Scenarios
    • Resolving Tickets, LSMW, Implementation Overview, Support and Maintenance Process, General Views
    Business Scenarios (Manufacturing):
    • MTO (Make to Order), MTS (Make to Stock), Repetitive Manufacturing

    Who Should Attend

    1. CPAs and CFAs, Students with a Bachelor or Master's degree in Finance, Anyone interested in learning ERP FICO

    Pre-requisites

    • Students are required to have a good understanding of Financial and Accounting Principles and Software. Familiarity with Invoice Creation, Vendor Management, Billing Contracts, and Cost Analysis and Controls is preferred.

    What You Need To Bring

    • Notepad, Pen/Pencil, Laptop

    Key Takeaways

    • Knowledge of Preparation of financial statements Profit and loss (P&L) analysis Balance sheet account reviews and reconciliations General Ledger (GL) and Cost Center (CC) master data management Purchase price valuation (PPV) analysis Supply Chain Management (SCM) reporting Month-end closing processes Quarterly reporting Audits Support of Liaison Participation in annual budget preparation Understanding FICO modules to that extend when you are able to suggest process improvements (tax) Preparation of Federal/state Income tax return statements

    About Trainer

    • ERP FICO Training is delivered by a real time working ERP Consultant with more than 8 Years of experience in Multinational Companies. Having vast industrial Domain experience in Manufacturing industry


    Admission Form

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