SAP FICO Online Course Training

Key Features

  • General ledger
  • Cost Center Accounting
  • Accounts Receivables
  • Internal Orders
  • Accounts Payables
  • Profit Center Accounting
  • Fixed Assets
  • What you will learn SAP FICO

    • Certified and expert teachers
    • Extensive doumentation provided
    • Became an exeprtfew days

    About SAP FICO

    SAP FICO Stands for Financial Accounting and Controlling .It is one of the important modules in ERP. It stores the financial transactional data. Company in SAP FICO is an organizational unit in which individual financial statements can be drawn. All the financial information is stored in SAP FICO. Company consists of one or more Company codes. Chart of Accounts contains different types of accounts to control and manage large number of General/Ledger accounts better in SAP. While creating a account group you have to specify the General/Ledger accounts.


    COURSE OBJECTIVES

  • Introduction to SAP FICO
  • Financial Accounting Basics setting
  • Creation and assignment of company and company code
  • Creation of business area
  • Defining and assignment of fiscal year variant
  • Defining and assignment of posting period variant
  • Defining open and closing posting periods
  • Defining document type & number ranges
  • Maintenance and assignment of field status variants
  • Defining and assignment of tolerance groups of employees
  • Taxes on Sales & Purchases (input & output)
  • Course Details:
    Introduction to SAP R/3
    Introduction to ERP, Advantages of SAP over other ERP Packages
    Introduction to SAP R/3 FICO

    Financial Accounting Basic Settings:
    Creation and assignment of company and company code
    Creation of business area
    Defining and assignment of fiscal year variant
    Defining and assignment of posting period variant
    Defining open and closing posting periods
    Defining document type & number ranges
    Maintenance and assignment of field status variants
    Defining and assignment of tolerance groups of employees
    Taxes on Sales & Purchases (input & output)
    Creation of chart of Accounts
    Defining Accounts Groups
    Defining Retained Earnings Account.
    Defining tolerance groups for G/I accounts

    General Ledger Accounting:
    Creation of General Ledger Master (with and with out reference)
    Display/Change/Block/Unblock of general ledger master
    Document Entry posting normal postings posting with reference
    Display and change of documents
    Display of GL balances and Line items
    Parked documents & hold documents
    Creation of Sample Document and posting
    Defining recurring entry document and posting
    Creation of account assignment model and posting
    Configuration of line layouts for display of GL line items
    Reversal of individual documents, mass reversal , reversal of cleared items and reversal of accrual and deferral documents
    Defining Exchange Rate types and Translation ratios
    Define Exchange rates & posting of foreign currency transactions
    Interest calculations on term loans

    Accounts Payable
    Creation of vendor account groups and assignment of number ranges
    Creation of tolerance group for venders
    Creation of vendor master (display/change/block/unblock of vender master)
    Posting of vendor transactions (invoice posting, payment posting, credit memo)
    Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
    Posting of partial Payment & Residual Payment
    Creation of payment terms,
    Creation of house banks and account ids.
    Creation of check lots and maintenance of check register
    Configuration of automatic payment program
    Payment to vendors through APP
    Un-issued & issued checks cancellation and reversal of issued checks.
    Defining correspondence & party statement of accounts

    Accounts receivable:
    Creation of customer account groups and assignment of number ranges
    Creation of tolerance group for customers
    Creation of customer master (display/change/block/unblock of vender master)
    Posting of customer transactions (sales invoice posting, payment posting, debit memo)
    Settings for advance payment from parties (down payment)
    Configuration of settings for dunning
    Defining correspondence & party statement of accounts

    Asset Accounting
    Defining chart of depreciation
    Defining account determination, screen layout, number ranges and asset classes.
    Integration with General Ledger & Posting rules
    Creation of asset master and sub asset master (change/display/block/unblock)
    Defining Depreciation key (base, declining, multilevel, period control methods)
    Acquisition or purchase of assets, sale of assets
    Scrapping of assets, Transfer of assets
    Post Capitalization and write up
    Depreciation run
    Line Settle of assets under construction of capital work in progress

    Reports
    1.Financial statement version
    General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

    CONTROLLING
    Basic settings for controlling
    Defining Controlling Area
    Defining Number ranges for Controlling Area
    Maintain Planning Versions
    Creation of Primary and Secondary Cost Elements
    Creation of Cost Element Groups
    primary cost element categories and secondary cost element categories

    Cost Center Accounting
    1. Defining Cost Center Standard Hierarchy
    2. Creation of Cost Centers and cost center groups
    3. Planning for cost center, posting to cost centers
    4. Repost of Costs
    5. Overhead Calculation
    6. Creation and Execution of Distribution Cycle
    7. creation and execution of assessment cycles
    8. cost center reports

    Internal Orders
    1. Defining order types
    2. Creation of internal orders
    3. Planning of internal orders
    4. Postings to internal order
    5. Report of Variance analysis

    Profit Center Accounting
    1. Basic Settings for Profit Center Accounting
    2. Creation of Dummy Profit Centers
    3. Maintaining versions for profit centers
    4. Creation of profit centers and profit center groups
    5. Creation of revenue cost elements
    6. Automatic Assignment of Revenue elements for Profit Centers
    7. Postings to profit centers, planning and variance reporting

    Profitability analysis
    1. defining the operating concern
    2. activating the profitability analysis
    3. creation of data structures
    4. fallow of actual values
    5. creation of reports
    6. Execution of reports.

    RIZE Trainings offers wide range of courses belonging to business, IT, students, developers, data and working professionals, freshers etc; We regulate training about your expected courses and help you to advance your career. RIZE come up with numerous courses and offer training throughout the world like France, United states, China, India, Singapore, Germany, Australia, Canada etc; by using interface like webex and GoToMeeting.

    RIZE trainers assist in developing Real time experience of the required course and also improving interview skills, knowledge, communication, content of the course, innovative project ideas, future scope etc,. This makes our students are becoming future experts and working as professionals in top rated companies.

    The course begins in a few days, and I still do not have my login information. What do I do?
    Once your registration for a course is completed, we will send activation link to start your sessions.

    What happens if I miss my training date, do I have any options?
    In case you miss training date, we will send recorded sessions to you. Otherwise, we assign for next live batch.

    How does the online training work?
    All of our online courses are live instructor led online courses. You will have the ability to interact directly with the trainer. Once registered for a class you will receive detailed instructions on how to access your class.

    How do I receive the course materials?
    You receive a link to download the course materials when you register. Our trainers assist you in your assessments, case studies, sample projects, interview skills etc;

    Will I be able to view the sessions again at a later time?
    Yes, We provide recorded sessions.

    Who are your trainers?
    All our trainers are working professionals from the Industry and have at least 10-12 yrs of relevant experience in various domains. They are subject matter experts. So that participants get a great learning experience.

    Can I get the same in-class experience at home or work?
    Yes. You can attend courses anywhere that has an Internet connection. If you choose to participate from your home or workplace, you must validate your own equipment to ensure it meets the required specifications.

    What should I bring to class?
    You need to have your course materials, Internet, computer headset and the Link to your Rizetrainings classroom e-mail, which contains the link and LOGIN credentials you need to take your course.

    Where can I get more information?
    If you need more information, please call us at +91-970 39 767 53 or send mail to contact@rizetrainings.com . Rize Trainings Advisors will be happy to assist you.

    Do you offer placements?
    We help our customers for preparing their resumes, work on sample live projects and provide assistance for interview preparation. We don't offer any placements however if you go through the course diligently and complete the project you will have a very good hands on experience to work on a Live project.

    What happens if I have technical problems during my class?
    If you have technical difficulties, you call us at +91-970 39 767 53 . Our support team will resolve any issues you might encounter.

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