Name: SAP FICO Training in Hyderabad
Brand: Version IT
SKU: 20000
Rating: 5 (1017 reviews)

What is SAP – FICO?

SAP FICO is a combination of two mutually related components, SAP Finance (FI) and SAP Controlling (CO). Each of these components is used for specific financial processes. SAP FI deals with overall financial accounting and reporting, and SAP CO focuses more onmonitoring costs and planning.

Some key features of SAP FICO:

Accounts Receivable–helps to maintain and manage all transactions with customers and clients
Accounts Payable–enables tracking and managing all the money payable to vendors and suppliers
General Ledger Accounting– enables real-time comparison between financial accounting and management accounting
Fixed Asset Accounting – enables effective evaluation of the fixed assets of a company
Cost Element Accounting - provides an overview of the company's costs and revenues
Cost Center Accounting - deals with costs associated with different departments within the company
Profit Center Accounting– deals with all of the cost data of the organization’s business lines.
Internal Orders– helps to manage costs for smaller internal projects and non-fixed assets
Profitability Analysis- enables to analyze the profitability of a company’s activities and products
Product Costing–deals with data about costs required to produce the company's goods and services

About the course:

A career in SAP FICO is very good and high in demand. Costing is a high paying job with a consistent growth rate, so is the competition in the industry. SAP is by a big margin, the leading ERP worldwide and its popularity and demand are constantly increasing. Version IT is easily the top and the best SAP FICO Training in Hyderabad. We offer placement focused training with an emphasis on churning world-class experts. Our faculty members are certified FICO experts with vast experience in handling real-time projects at different organizations. SAP- FICO training at Version IT is given in both online and offline modes and the institute is equipped with excellent lab facilities and infrastructure. We are proud that students who completed training at Version IT Academy have been placed in top MNCs across the world, making us one of the top SAP training institutes in India.

What you will learn in the course?

Version IT is one of the best SAP FICO training institutes in Hyderabad. During the training you will excel in concepts like SAP R/3 architecture, asset accounting in SAP, accounts payable, controlling, internal orders, general ledger, Profit Center Accounting (PCA), product costing, reports, integration, profitability analysis, SAP FICO real project and SAP financial accounting aspects and controlling. Besides the aforementioned concepts you will also learn the following basics aspects pertaining to Financial Accounting

organizational units
master data
document control
Postings
Handling of payments, correspondence, dunning and closing operations in financial accounting
Automatic Payment Processing with a clearing of open items
Automatic Dunning Processing for creating dunning notices
Correspondence
Overview of monthly and yearly accounting processes
Financial statements
Preparatory closing postings in sub-ledgers and the general ledgers of the organization
Technical, organizational and documentary steps in individual closing process
Financial Closing Cockpit
Configuration of periodic closing in Financial Accounting

Training Overview:

SAP FICO training course at Version IT consists of a 200-hour training schedule; students are given certificates upon successfully completing the course. Our tutors are experts and best in industry coaching faculty in the country. Most of them are working professionals, handling various projects in top organizations in Hyderabad.

Trainings are available in both online and offline modes with doubt clearing sessions and personalized feedback by the faculty. Timings are flexible and the participants are helped with SAP FICO resume preparation. Students also get SAP FICO certification support.

Version IT is one of the best SAP FICO Training institute in Hyderabad, Ameerpet.

Join our SAP FICO training program to make a mark and succeed in one of the most rapidly growing industries worldwide, with a huge scope and many career opportunities in its domain.

Kasi Vishwanath

Kasi Vishwanath is a renowned educationalist and highly qualified trainer. He did his B.com and excelled in Chartered Accountancy (CA) and ICWA. He also completed CS final and secured GST certification. Kasi Vishwanath championed as all India ranker in ICWA final examinations and secured best score in ICWA final in costing with 90 marks.

He is acclaimed as the best sap trainer with a total of 14 years of experience and 8 years exclusively in SAP modules. He is highly adaptable IT specialist and has vast experience in training for SAP FICO, FSCM and TRM. He conducted training in SAP for mid to large size companies and well-experienced in corporate training, development, product development, business operations and strategy. Having professional qualification like CA and ICWA, Kasi Vishwanath is working with SAP R/3, S/4 HANA. He is best chosen trainer for corporate trainings and thousands of IT consultants, who underwent training with him are settled across the globe. He acquired a great experience in installation and configuration of variousn SAP products.

Kasi Vishwanath covers wide-range concepts in detail including:

FI-MM integration
FI-SD integration
FICO integration
GST
LSMW, IDOC, Validations & Substitutions, DME etc.

Why to choose Version IT for SAP FICO training?

At Version IT, the faculty deals the subject with practical orientation.
It makes you go ease to work in SAP industry with linking of SAP subject with core subject
GST-certified trainer ensures students to get best training in SAP taxation with go-easy methods.
We train the students SAP FICO training from scratch. In other words, we make them to convert from manual to different phases of different ERP systems and finally takes you into SAP R/3 as well as S4 HANA.
The SAP FICO course covers in detail to enable the students to understand accounting services and learning applications into SAP.

HANA Finance (FI)

Unit 1 – Introduction

Introduction of SAP & HANA
SAP HANA Architecture
Login Process and Shortcut Keys
SAP Landscape
Transport Request

Unit 2 – Financial Accounting Basic Settings (Organization Structure)

Configuration of Company
Configuration of Company Code
Configuration of Business Area
Configuration of Credit Controlling Area
Configuration of Chart of Accounts (Operating)
Configuration of Group Chart of Accounts
Configuration Fiscal Year Variant
Configuration of Posting Periods Variant
Define Document Types & Number Ranges
Define Field Status Variants
Define Posting Keys
Define Tolerance Groups for Employees and GL Accounts
Define Currencies and Ledgers
- Currency: Standard & User-defined Currency
- Ledgers: Standard Ledgers - Leading & Non-leading ledger
- Extension Ledgers - Standard Extension & Simulation
Configuration of Controlling Area (CO)
Maintain Global Parameters

Unit 3 – General Ledger Accounting

Explanation of GL Master Fields
Creation of General Ledger Master
Creation of Cost Elements
Display/Change/Block of General Ledger Master
Document Postings
Display and Change Documents
Display GL Account Line Items
Parked Documents
Hold Documents
Recurring Documents
Reversal Documents
Tables and Reports in GL

Unit 4 – Accounts Payable

Vendor Master & BP Configuration
Vendor Master Creation through Business Partner
Vendor Master Reports
Vendor Master & BP Tables
Terms of Payments / Payment Terms
House Bank Creation through Fiori Tile
Scenarios:
- Invoice Posting
- Supplier Payment
- Credit Memo
- Bank Charges
- Tolerance Difference
- Installment Payment
- Fixed Days Payment Terms
- FIFO Clearing
- Partial Payment and Residual Payments
- Down Payment Concept
- Foreign Currency Revaluation
- Reset & Reverse Cleared Document
APP (Automatic Payment Program) – Configuration
- F110 Run (Proposal & Payment)
- F110 Run – Edit & Delete
- F110 Run Check & Payment Advice Printing
- Next Payment Run Date
- Blocking – Vendor & Invoice Level
- Down Payment
- Credit Memo
- Partial Payment
- Partner Bank Type - Vendor Specification
- House Bank Specification Payment
- Master Data Changes in Progress (Sensitive Field)
- Free Selection – Including & Excluding
- Duplicate Proposal
- Master Data Level (Required Field Missed - Bank Data)
Tables and Reports

Unit 5 – Accounts Receivable

Customer & Business Partner Configuration
Customer Master Creation through BP
Reports and Tables
Scenarios:
- Invoice Posting
- Incoming Payment (Cash & Bank)
- Credit Memo
- Cash Discount
- Bank Charges
- Tolerance Difference
- Partial Payment and Residual Payments
- Down Payment Concept
- Foreign Currency Revaluation
- Dunning Process

Unit 6 – Bank Accounting

Manual Bank Statement Process
Electronic Bank Statement (EBS) Process

Unit 7 – Asset Accounting

Asset Accounting Configuration
- Define Chart of Depreciation & Depreciation Areas
- Configuration of Asset Classes
- Technical Clearing Account – Configuration
- Account Determination AA vs FI
- Configuration of Depreciation Key
Various Scenarios
- Asset Master Creation
- Asset Master Display/Change
- Asset Acquisition
- Depreciation Run
- Retirement with Customer
- Retirement without Customer
- Scrapping
- Unplanned Depreciation
- Intra-company (within Company Code)
- Smoothing
- Sub Assets Master Creation
- Acquisition with Sub Asset Master
- Asset Fiscal Year – Status, Close and Open
Reports and Tables

Unit 8 – New General Ledger Accounting

Document Splitting

CONTROLLING (CO)

Unit 1 – Cost Element Accounting

Creation of Primary Cost Elements
Manual and Automatic Creation of Primary and Secondary Cost Elements
Creation of Cost Elements Group

Unit 2 – Cost Center Accounting

Defining Cost Center Standard Hierarchy
Creation of Cost Centers and Cost Center Groups
Display and Change Cost Center Master Records
Scenario:
- Actual Posting to Cost Centers
- Cost Center Reports
- Distribution Cycle
- Assessment Cycles

Unit 3 – Internal Orders

Internal Order Configuration
Creation of Internal Order (Real Order and Statistical)
Scenario:
- Postings to Statistical Internal Orders
- Settlement of Internal Orders to Cost Centers
- Internal Order – AUC Line-item Settlement
- Internal Order – AUC Investment Measure
- Budgeting and Availability Control
- Posting of Internal Order vs Cost Center

Unit 4 – Profit Center Accounting

Basic Settings for Profit Center Accounting

INTEGRATION

Unit 1 – Integration of FI with MM (P2P Cycle)

MM Related Configuration
FI Related Configuration
Account Assignment (Integration of MM with FI)
Various Scenarios:
- Procure to Pay Process Cycle
  - Creation of Purchase Order
  - Goods Receipt
  - Invoice Receipt
- Goods Issue to Cost Center
- Price Control – Standard and Moving Average with Postings
- Price Difference Process - Moving Average Price and Standard Price
- GR/IR Clearing from F.13
- R Block Release Concepts
- Invoice Level Expenses Line Item Posted
- Invoice Reversal Process

Unit 2 – Integration of FI with SD (O2C Cycle)

SD Related Configuration
FI Related Configuration
Accounts Assignment (Integration of SD with FI)
Order to Cash Cycle:
- Sales Order Creation
- PGI (Post Goods Issue)
- Billing Document

Cutover & Migration

Migrations Cockpit:
- LSMW: Legacy System Migration Work Bench
- LTMC: Landscape Transformation Migration Cockpit
- LTMOM: Landscape Transformation Migration Object Modular
Fiori:
- Tile Creation
- App Creation
- Reporting

SAP FICO Training in Hyderabad