Title: SAP FICO Training Material
1SAP FICO Online Training What is SAP FICO? SAP
Finance and Controlling (SAP FICO) is the best
design module for internal as well as external
accounting processes. It is an important core
module of SAP ERP processes, where in financial
transactions are integrated with different
parallel SAP modules for best results.
SAP Financial Accounting offers highly
exceptionally complex methods of
financial transaction reporting and better
handling of accounts. Well suited for
professionals desirous of excelling in the fields
of accounting and finance. The external reports
generated with the help of SAP FICO are being
increasingly utilized by banks,
administrators, Tax Authorities, stock holders
and managers, in line with their specific
requirements. SAP FI is responsible for
integrating diverse modules and generating a
single system for the entire organization.
Basically, it draws data for external reporting
procedures while its SAP Controlling module
emphasis on data for internal users. SAP FICO
Training SAP Finance and Controlling Training is
considered to be the hottest module of the SAP.
Its training is very much sought for. The
reasons are pretty obvious since it
shelters almost the whole of the bookkeeping
and management aspect of the business, most
companies want either that their current
employees shall be trained it, or the future
staff they recruit should be equipped
2- with SAP FICO Training. People, in general, to
have begun bearing in mind that this training
could get them the best jobs in IT department. - As far as the expenditure on the training is
considered, it generally all depends upon the
institute, place or location, type or
classification of the training. If you have to
pay a little higher than what one can expect with
regard to the online training of SAP FICO. There
are a commendably high number of tutorials and
demonstrators available too over the web,
and on different media libraries. Hence, all
in all, the entire matter could be highly
flexible. - Different Modules of SAP FICO Training
- SAP FICO stands for System Analysis and Program
development Finance and Control. This is software
used for measuring financial data in a business.
It is used for external reporting such as the
Balance Sheet and Profit and Loss Statement. SAP
FICO Training can further be divided into SAP FI
and SAP CO. - SAP FI stands for Financial Accounting and it is
one of the important modules of SAP ERP. It is
utilized to store the financial information
of an organization. SAP FI helps to
analyze the financial conditions of an
organization in the market. It can incorporate
with other SAP modules like SAP SD, SAP PP,
SAP MM, SAP SCM, etc. SAP FI module
empowers you to manage financial accounting
data within an international framework of various
organizations, currencies, and languages. - Sub components of SAP FI
- General Ledger accounting
- Asset Accounting
- Funds Management
- Accounts receivables
- Accounts Payable
- Special Purpose Ledger
- Consolidation
- Travel Management
3- Profitability Analysis
- Product Cost Controlling
- SAP FICO Training includes different modules. The
first is General Ledger Accounting which is a
complete report for external and internal
accounting that includes Accounts, Journals,
Balance Sheet, Monthly debits and credits and
recording of all business transactions. Then
there are accounts payable, which records
and manages all accounting data related to
vendors, and then there are accounts receivable
which record and manages all data related
customers. Bank accounting is included in this
module which means managements of all bank
transactions in the system and cash management as
well. - Some important features and benefits of using SAP
FICO are - SAP FI offers some of the most important
components for diverse SAP implementations. - SAP Financial Accounting is an successful device
for reliable, accurate and time based external
reporting in the form of Profit and Loss
statements, Balance Sheets. - Other SAP modules like SD (Sales and
Distribution), MM (Materials Management), PS
(Project Systems), PM (Plant Maintenance) and PP
(Production Planning) integrate well with SAP
FICO and provide it with postings in a consistent
way. These benefits of SAP FICO are being used by
applications in many organizations, globally. - All accounts-relevant transactions are created in
Logistics (LO) and are presented in real- time
to Financial Accounting modules through
automatic account determination techniques.
All this data is also capable of being passed on
to Controlling (CO). - Scope and Opportunity of a Career in SAP FICO
- In depth knowledge of essential ERP Systems is a
must for those wanting to get their hands on the
implementation of the entire SAP Life Cycle and
get entry as senior SAP FICO consultants.
Candidates wanting to pursue a career in SA FI
and CO should have - An undergraduate degree in any discipline B.E.,
B. Com, B.Sc., etc. - Specialization in any related field or a Post
Graduate Degree in courses like MBA or M. Tech is
also essential.
4- The other facilities required for SAP consultants
are inclusive knowledge of SAP FICO, good
knowledge of business and banking domains,
active interpersonal and effective
communication skills. - SAP FICO Course at SAPVITS
- SAPVITS is one of the leading SAP Online
Training and consulting company. We provide
extensive SAP Online Training to corporate and
individuals. We recognize that many of you are
willing to put the extra effort to migrate to SAP
practice and become SAP consultants. We help you
achieve your goal with a team of experienced SAP
instructors, excellent infrastructure, and a
clear roadmap to SAP certification. - SAPVITS provides SAP courses, SAP online
Training with certifications and server
access facility for all SAP modules including SAP
FICO Online Training. The SAP FICO Course is
specifically designed to impart comprehensive
knowledge in regards to the proper utilization
and management of various external reports and
controlling components. - Here are some popular SAP Online Courses other
than SAP FICO Online Training that can help you
to build your career in SAP - SAP ABAP Online Training in Pune
- SAP Simple Finance Online Training
- SAP Simple Logistics Training in Hyderabad
- SAP C4C Training in Hyderabad
- SAP SD Online Training
- SAP MM Training in Pune
- SAP Security Training in Bangalore
5- SAP Basis Online Training
- SAP Fiori Online Training
- SAP HANA Online Training in Mumbai
- Contact Us
- Vintage IT Solutions Website- www.sapvits.com
Email- info_at_sapvits.com UK- 44 141 416 8898 - India- 91 992 284 8898
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