SAP FICO Consultant Training
SAP FICO Stands For FI (Financial Accounting) And CO (Controlling). SAP FICO Is The Important Module Of ERP And Both FI And CO Modules Stores The Financial Transactions Data.
SAP FICO Training Is Useful To BCOM,MCOM,ICWA,CAs,Accounting Professionals At Different Levels In IT And NON IT Organisations.Big Users Like Reliance,Tata,Grasim,Pharma Companies,Construction,Texxtile,Oil & Gas, Automobile Etc Required Staff Members To Work In Accounts Team As Well As Internal Consultant. IT Companies Like Capgemini, Accenture, L & T, TCS Hiring Big Numbers As Consultants For Projects.SAP FI/CO Consultant Training
Enterprises Structure:
1) Introduction Of SAP.
2) Introduction Of Client.
3) Define Company
4) Define Company Code
5) Define Business Area.
6) Assign Company Code To Company
Financial Accounting Global Settings.
1) Company Code
I) Enter Global Parameters
Ii) Set Company Code To Productive
2) Business Area
I) Enable Business Area Balance Sheet
Ii) Check Display Authorization For Business Area
3) Fiscal Year
I) Maintain Fiscal Year Variant (Maintain Shortened Fisc. Year)
Ii) Assign Company Code To A Fiscal Year Variant
4) Document
I) Posting Periods.
(1) Define Variants For Open Posting Periods
(2) Open And Close Posting Periods
(3) Assign Variants To Company Code.
Ii) Document Number Ranges
(1) Define Document Number Ranges
(2) Copy To Company Code
(3) Copy To Fiscal Year
Iii) Define Document Types
(1) Define Document Types
(2) Define Number Range For Document Types.
Iv) Define Posting Keys, Fields Status Variants And Tolerance Group.
(1) Function Of Posting Keys
(2) Maintain Field Status Variants
(3) Assign Company Code To Field Status Variants
(4) Define & Assign Tolerance Groups For Employees
General Ledger Accounting:
1) Define Chart Of Account.
2) Assign Company Code To Chart Of Accounts.
3) Define Account Group & Number Range For General Ledger.
4) Define Retained Earnings Account.
5) Maintain Field Status Variants
6) Assign Company Code To Field Status Variants
7) Creation Of General Ledger.
8) Parking Of A Document
9) Holding Of A Document
10) Sample Document
11) Recurring Entries.
12) Reversal Of Entries.
13) Various Useful Reports.
New General Ledger Accounting
1) Configuring New GL
2) Configuring Multiple Ledger
3) Document Splitting
4) Configuring Leading And Non Leading Ledger
Accounts Payable:
1) Creation Of Vendor Groups And No. Ranges
2) Creation Of Vendor Master.
3) Creation Of Vendor Invoice.
4) Down Payment.
5) Outgoing Payment.
6) Debit Memo
7) Cash Discounts
8) Interest Calculation
9) Special G/L Transactions
10) Automatic Payment Program.
11) Various Useful Reports.
Accounts Receivable:
1) Creation Of Customer Groups And No Ranges.
2) Creation Of Customer Master.
3) Creation Of Customer Invoice.
4) Down Payments.
5) Incoming Payments.
6) Special G/L Transaction.
7) Cash Discounts
8) Interest Calculation
9) Customer Balances.
10) Bill Of Exchange.
11) Dunning Procedure
House Banks
1) Define Bank Key
2) Define House Bank
3) Define Account ID
4) Assign G/L Account
5) Define Check Lot.
6) Display Of Check Register.
7) Display Of Check.
8) Renumbering Of Check.
9) Reprinting Of Checks.
10) Define Check Number To Payment Document.
11) Void Check
12) Configuring Petty Cash Journal
13) Configuring Automatic Payment To Vendors
14) Automatic Bank Reconciliation
15) Manual Bank Reconciliation Statement
16) Various Useful Reports.
Asset Accounting:
1) Depreciation Area.
2) Define Assets Classes Including Assets Under Construction (AUC)
3) Define Group Assets As Per Income Tax Act.
4) Define Account Determination.
5) Define Depreciation Keys.
6) Integration With G/L Accounts.
7) Production Start Up Activity,
8) Creation Asset Master Data
9) Assets Transaction Like Acquisition, Retirement, Transfers.
10) AUC Procedure
11) Depreciation Run & Postings.
12) Various Useful Reports.
FI-CO Part – Tax Procedure Configuration Steps For GST
1. Create Condition Table
A. Create Condition Table For Material [M/05]
B. Create Condition Table For Services [M/05]
2. Create Access Sequence [OBQ2]
3. Create Condition Type [OBQ1]
A. Create Central GST Condition Type
B. Create State GST Condition Type
C. Create Integrated GST Condition Type
D. Create State GST Non-Deductible Condition Type
E. Create Central GST Non-Deductible Condition Type
F. Create Integrated GST Non-Deductible Condition Type
4. Create Accounting Key [OBCN]
A. Central GST
B. Integrated GST
C. State GST
5. Update Tax Procedure – TAXINN [OBQ3]
6. Maintain Tax Percentage Rates
1) Foreign Currency Valuation And Transactions
2) Define Financial Statement Versions.
- Configuring Trading,P &L And Balance Sheet
3) Define Validation,
4) Define Substitution
5) Closing Down Procedures
Enterprises Structure:
1) Define And Maintained Controlling Area.
2) Create Operating Concern.
3) Assign Company Code To Controlling Area.
4) Assign Controlling Area To Operating Concern.
5) Maintain Number Range For Controlling Documents.
6) Maintain Version.
Cost Element Accounting:
1) Automatic Creation Of Primary And Secondary Cost Elements
2) Manual Creation Of Primary And Secondary Cost Elements.
3) Creation Of Cost Element Group.
4) End User Transaction Like Manual Reposting Of Costs, Manual Reposting Of Revenues, Repost Line Items, Activity Allocation, Activity Allocation Reposting.
5) Period Locking.
6) Useful Reports.
Cost Center Accounting:
1) Activate Cost Center Accounting In Controlling Area
2) Define Standard Hierarchy,
3) Define Cost Center Categories,
4) Define Cost Center Groups,
5) Define Cost Center,
6) Define Cost Elements For Activity Allocation,
7) Define Activity Type Groups,
8) Define Activity Type,
9) Maintain Statistical Key Figures,
10) Maintain Statistical Key Figures Groups
11) Define Planning Between Cost Center - Cost Elements/ Activity Type / Statistical Key Figures,
12) Cost Center Allocation (Assessment / Distribution),
13) Various Useful Reports.
Internal Orders:
1) Activate Order Management In Controlling Area,
2) Define Order Types,
3) Maintain Number Ranges For Orders,
4) Define Internal Order Category,
5) Creation Of Internal Orders,
6) Internal Order Planning,
7) Automatic Posting To Cost Centers / Internal Orders,
8) Internal Order Settlement,
9) Useful Reports,
Profit Center Accounting :
1) Activate Profit Center Accounting In Controlling Area,
2) Maintain Standard Hierarchy,
3) Create Dummy Profit Center,
4) Creation Of Profit Center,
5) Creation Of Profit Center Group,
6) Assessment / Distribution,
7) PCA Reports
1) Integration Between FI-AA (Asset Accounting)
2) Integration Between FI-CO (Controlling)
3) Integration Between FI-Bank,
4) Integration Between FI-MM Module (Material Management)
5) Integration Between FI-SD Module (Sales & Distribution)

• Complete One End To End Implementation Life Cycle Practical Exposure.
• One Blueprint Live Project For Practice After Interview Preparation Session