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Accelerator Program in SAP Fico Training

SAP FICO stands for SAP Finance (FI) and SAP Controlling (CO). It is an integrated module within the SAP ERP (Enterprise Resource Planning) system that combines financial accounting and management accounting functionalities. SAP FICO is widely used by organizations to manage their financial processes, reporting, and decision-making. Here's a brief introduction to SAP FICO. SAP FICO is a cornerstone in the SAP ERP suite, helping organizations manage their financial processes efficiently, comply with regulations, and gain valuable insights for strategic decision-making. Professionals with expertise in SAP FICO Consultants are in high demand for roles related to finance, accounting, and business analysis.

intellipaat

Online-Classroom

3 Months Duration

Live Class Facilities

Interviews Assured

Live Server

About Program

SAP FICO stands for SAP Finance and Controlling. It's a module within the SAP ERP system that helps organizations manage their financial processes effectively. Imagine it as a comprehensive toolkit that businesses use to handle money-related tasks and make smart financial decisions.

Finance (FI) Module:

In the Finance part (FI), SAP FICO takes care of all things money-related. It tracks the company's cash flow, records transactions with customers and suppliers, and ensures that everything aligns with accounting principles. This includes creating financial statements like balance sheets and profit and loss statements, so the company knows exactly where it stands financially.

Controlling (CO) Module:

In the Controlling part (CO), SAP FICO helps the company control and manage its costs. It's like having a financial GPS that guides the company in the right direction. This module enables tracking costs for different parts of the business, understanding where money is being spent, and analyzing how different projects or departments contribute to the overall financial health.

Key Highlights

Comprehensive Curriculum

A well-structured curriculum covering essential topics in SAP FICO, including Financial Accounting (FI) and Controlling (CO) modules.

Experienced Instructors

Trainers with practical experience and expertise in SAP FICO, providing valuable insights and real-world examples.

Hands-On Training

Practical exercises and hands-on training to ensure participants gain practical experience in using SAP FICO in a real-world context.

Real-Life Case Studies

Integration of real-life case studies to allow participants to apply SAP FICO concepts to practical scenarios.

Certification Preparation

Preparation for SAP FICO certification exams, including practice exams, study materials, and guidance on the certification process.

Flexibility in Learning Options

Various learning options such as classroom training, online instructor-led sessions, or self-paced e-learning modules to cater to different preferences.

Post-Training Support

Access to additional resources, forums, or consultation after the training for ongoing support and clarification of doubts.

Interactive Learning Environment

An interactive learning environment, including discussions, Q&A sessions, and collaboration with fellow participants.

Career Guidance and Placement Assistance

Some training providers offer career guidance, resume building, interview preparation, and job placement assistance to support participants in their career development.

Up-to-Date Content

Ensuring that the training content is up-to-date with the latest advancements in SAP FICO and related technologies.

Up-to-Date Content

Ensuring that the training content is up-to-date with the latest advancements in SAP FICO and related technologies.

Modules

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Live Course
  • Overview of SAP ERP and SAP FICO
  • Understanding the integration of SAP FICO with other SAP modules
  • Importance of SAP FICO in business processes
  • General Ledger Accounting
  • Chart of Accounts
  • Company Code
  • Journal Entries and Document Posting
  • Document Parking and Holding
  • Vendor Master Data
  • Invoice Processing
  • Credit Memos and Payments
  • Automatic Payment Program
  • Customer Master Data
  • Sales Order Processing
  • Billing and Invoicing
  • Incoming Payments
  • Asset Master Data
  • Depreciation
  • Asset Transactions
  • Asset Reporting
  • Bank Master Data
  • Bank Reconciliation
  • Electronic Bank Statements
  • Cash Journal
  • Cost Element Accounting
  • Primary and Secondary Cost Elements
  • Cost Element Categories
  • Manual and Automatic Cost Elements
  • Master Data
  • Cost Center Planning and Allocation
  • Period-End Closing
  • Profit Center Master Data
  • Profit Center Planning and Reporting
  • Profitability Analysis
  • Order Types and Master Data
  • Budgeting and Settlement
  • Results Analysis
  • Integration of SAP FICO with other SAP modules (MM, SD, PP)
  • Overview of Financial Reporting in SAP FICO
  • SAP FICO Analytics and Dashboards
  • Month-End and Year-End Closing Procedures
  • Overview of SAP S/4HANA
  • Migration to SAP S/4HANA from SAP ECC
  • Advanced Reporting and Analytics in SAP FICO
  • New Features and Functionalities in SAP S/4HANA
  • Real-world scenarios and case studies
  • Hands-on exercises and practical applications
  • Best practices for SAP FICO implementation and optimization
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CAREER OPPORUTNITIES

Via SAP FICO Consultant, Work as a consultant, implementing, configuring, and optimizing SAP FICO solutions for organizations. Consultants collaborate with clients to understand their financial processes and provide tailored solutions.

Via Financial Analyst, Utilize SAP FICO skills to analyze financial data, create reports, and provide insights to support strategic financial decisions.

Via Accountant/Financial Accountant,: Manage financial transactions, perform accounting tasks, and ensure compliance with accounting standards using SAP FICO.

Via Cost Accountant,Focus on cost analysis, budgeting, and cost control using SAP FICO tools to enhance financial planning and decision-making.

Via Financial Controller,Oversee financial activities, ensure accuracy of financial reporting, and provide financial leadership within an organization.

Via Treasury Analyst,Manage cash flow, optimize liquidity, and support financial risk management using SAP FICO functionalities.

Via Business Analyst - Finance,Work as a business analyst, bridging the gap between business requirements and SAP FICO implementation. Analyze and improve financial processes.

Via Internal Auditor,Use SAP FICO to perform internal audits, assess financial controls, and ensure compliance with regulatory requirements.

Via SAP Project Manager,Manage SAP FICO implementation projects, overseeing the planning, execution, and delivery of SAP FICO solutions within an organization.

Via Finance Manager/Director,Hold leadership roles in finance departments, overseeing financial strategies, budgeting, and financial operations with SAP FICO expertise.

Via SAP Trainer/Educator,Train and educate teams or end-users on SAP FICO functionalities and best practices within organizations or training institutions.

Via IT Manager - Finance Systems,Manage IT systems related to finance, including SAP FICO, ensuring system availability, security, and alignment with business needs.

Via Financial Planning and Analysis (FP&A) Manager,Lead FP&A teams, utilizing SAP FICO for budgeting, forecasting, and financial analysis to support organizational goals.

Via Tax Analyst/Manager,Use SAP FICO to manage tax-related processes, ensure compliance with tax regulations, and optimize tax strategies.

Via Business Process Analyst - Finance,Analyze and optimize finance-related business processes using SAP FICO to enhance efficiency and effectiveness.

Via ERP Administrator,Administer and maintain SAP FICO systems, ensuring smooth operation, updates, and user support.

Via Data Analyst - Finance,Analyze financial data using SAP FICO tools to derive insights and support data-driven decision-making.

Via Financial Systems Analyst,Analyze, design, and implement improvements to financial systems, including SAP FICO, to enhance functionality and efficiency.

Via IT Auditor,Audit IT systems, including SAP FICO, to ensure security, compliance, and optimal performance.

Via Financial Modelling Specialist,Use SAP FICO to create financial models, perform scenario analysis, and support strategic financial planning.