SAP-Financial Accounting (Finance-FICO)

What is it About?

SAP Finance and Controlling (FICO) is one of the most widely used SAP modules. SAP FICO module includes SAP FI configuration, SAP CO configuration, SAP FI user and SAP CO user. Anyone looking forward to begin their career as an SAP FICO consultant needs to build a strong base covering all these aspects of SAP FI module and SAP CO module

The SAP FICO module is the Core Module in SAP ERP it integrates with other modules such as Controlling, Sales and Distribution, Purchasing and Materials Management and Human Resources. Reports of this Modules are user for external purpose such as Balance sheet and Profit and Loss of each financial year.

Duration: 

  • Weekends:    6 weekends 10am to 4pm (Sat and Sun)

       Training methods: Classroom Based/ Onsite

What jobs can I get after SAP training?

As SAP is such a wide area, the number of jobs available and the diversity of the skills needed to be successful in them is huge. Many people start out as Junior SAP Consultants before specialising in areas such as SAP ABAP, SAP FI, SAP FICO or SAP SD

Also on this course we offer the following:

–       Hands on Experience

–       Interview based Training

Expected Salary/ Pay Package:

Expected Salaries are as follows

For Contractors £350 to £600 per day

Permanent Positions £40 to £60k per annum all depends on experience and skill set

 

Course Curriculum

1:- Introduction

  • Understanding of what is ERP Systems
  • Introduction to SAP

2:- Organisational Structure

  • Defining company
  • Configuring company code
  • Defining business area
  • Assigning company code to company

3:- Financial accounting global settings

  • Maintaining fiscal year variant
  • Assigning fiscal year variant to company code
  • Defining posting periods
  • Defining open and close posting periods
  • Assigning variant to company code
  • Document types and Parameters
  • Defining document number ranges
  • Defining SAP posting keys
  • Defining field status variant
  • Assigning field status variant to company code
  • Defining tolerance groups for employees

4:- General ledger accounting

  • Defining chart of accounts
  • Assigning chart of accounts to company code
  • Defining account groups
  • Defining retained earnings account
  • Maintain Field status variant for General ledger
  • Creating GL accounts
  • Set up Tolerance for postings