Top SAP FICO Tutorials For Beginners- IQ Online Training

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Basics Of SAP FICO

• SAP FICO is the Finance Cost controlling module
  in SAP ERP
• FI stands for Financial Accounting
• CO stands for Controlling
• SAP FICO module covers almost all business
  process
• What Should I Know?
• Knowledge of Accounting
• Knowledge of SAP

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Introduction to SAP FICO

• SAP FI is used for reporting both externally and
  internally
• Objective - To record all financial transactions
  produce financial statements with accurate at
  the end of trading period.
• SAP FI is made up of Sub-modules (Accounts
  receivables, accounts payables, asset accounting,
  general ledger, bank accounting)

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1. General Ledger Accounting

• It is used for reporting are managed through
  general ledger accounting.
• All the accounts used by a company or group of
  companies called a chart of accounts
• These accounts are used for preparation of
  financial statements.
• The Transactions are recorded in sub modules.
• Transaction that include journal vouchers which
  are posted to correct transaction.
• Balances in general ledger accounts can be
  displayed and trial balances extracted from
  system.

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2. Accounts receivables

• It captures all transaction with customers and
  manages accounts.
• Separate customer accounts will be maintained
• When transactions are posted in customer
  accounts, reconciliation accounts in general
  ledger are updated with figures in real time.
• Transaction include invoice posting, credit memo
  posting, down payments, invoice payment, dunning
  executing customer reports.

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3. Accounts Payables

• It captures all transaction with vendors and
  manages vendor accounts.
• Separate vendor accounts are maintained
• When transaction are posted in customer accounts,
  reconciliation accounts in general ledger are
  updated with figures in real time
• Transaction in accounts payables include invoice
  posting, credit memo posting, down payment,
  invoice payment, automatic payment program
  executing vendor reports.

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4. Asset accounting

• It manages all transaction related to assets for
  an entity.
• When transactions are posted in asset accounts,
  reconciliation accounts in general ledger are
  updated in real time.
• Transaction in asset accounting includes asset
  acquisition, asset retirement, asset sale, asset
  transfer, asset revaluation asset depreciation.

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5. Bank accounting

• It captures all transaction with banks
• Bank reconciliation is done to reconcile all
  transactions recorded on bank statements
  comparing them to transaction in the system.
• All SAP FI sub-modules are integrated
  transactions are updated in real time which means
  accurate financial statements can be extracted
  from the system at any time.

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About IQ Online Training

•  
• Our aim is to provide best quality and quality
  training in the latest technology.
• All our trainers are real time professionals
  having 10 years of experience working in MNC
  Companies
• IQ online provide online training with flexible
  timing with affordable prices. you can attend
  sessions
• Anytime anywhere. also we offer training in week
  days if you are doing job or according to your
  time adjustment.

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Our Qualities-

• Training by industry experienced professional
• We provide real time projects
• Course material will be provided according to
  participants needs
• Convenient timing
• We provide interview question and answers
• 24/7 system access
• Customized curriculum
• Certification guidance
• Interview assistance

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Who can Learn?

• Anyone who is B.A. or B.com graduate
• Chartered Accountant (CA)
• Accounts Finance Professionals

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Why demand for SAP FICO Courses?

• Market share of SAP FICO is 3.3
• Companies are turning towards SAP FICO such as
  Accenture, Tata Technologies, Reliance Industries
• By SAP Fico you can handle company accounts
• SAP customers help 800 million consumers to live
  a safer and healthier life

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Training Types
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Feel Free To Contact Us !

• To Know More In Detail - SAP FICO PROFESSIONAL
• Call 17325938450 91 9989527180
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