SAP FICO (Finance and Controlling)

Training

Online

£ 10 VAT inc.

Description

  • Type

    Training

  • Level

    Beginner

  • Methodology

    Online

  • Class hours

    30h

  • Duration

    Flexible

SAP Finance and Controlling is a core module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module is very robust and covers all financial processes followed in diverse industries. SAP FICO system enables you to centrally track financial accounting data within an international framework of multiple companies, languages, currencies, and charts of accounts. SAP FICO module mainly deals with essential elements such as fixed assets, accrual, bank, cash journal, inventory, tax accounting, general ledger, accounts receivable, accounts payable, fast close functions, financial statements, parallel valuations, master data governance, and the like. SAP FI/CO module is the back bone of SAP accounting as it records financial transactions of movements of goods, services and all other business transactions between the company and its customers & vendors. SAP FICO can be easily integrated with other SAP modules mainly MM, SD, PS, PP, HCM, Payroll, SuccessFactors, and so on. The SAP FICO Certification course prepares you for the official SAP FICO Certification exam. With SAP FICO Certification course a leading company could absorb you. Based on your experience and your functional expertise, you would start as a consultant or gain lateral entry as a Project Manager

About this course

Please find the course link below:
https://training.uplatz.com/online-it-course.php?id=sap-fico-finance-and-controlling-5

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Subjects

  • Accounts
  • Financial Accounting
  • Transactions
  • SAP
  • Sales
  • Finance
  • Financial
  • Financial Training
  • Sales Training
  • Cost element accounting

Teachers and trainers (1)

Uplatz  Elite trainer

Uplatz Elite trainer

SAP ABAP consultant

Course programme

Part 1: Enterprise Structure: Definition of company Definition of company code Assignment of company to company code Definition of business area Part 2: Financial Accounting Basic Settings Definition of fiscal year variant Assignment of fiscal year variant to company code Definition of posting period variant Assignment of posting period variant to company code Open and close posting period Maintenance of field status variants Assignment of field status variant to company code Creation of chart of Accounts Defining Accounts Groups Defining Retained Earnings Account Definition of tolerance groups for GL accounts Definition of tolerance groups for employees Assignment of tolerance groups to users Taxes on Sales & Purchases (input & output) Defining document type & number ranges PART 3: General Ledger Accounting: Creation of General Ledger Master (with and without reference) Display/Change/Block/Unblock of general ledger master Document Entry posting normal postings and posting with reference Display and change of documents Display of GL balances Display GL account line items Parked documents Hold documents Creation of Sample Document postingswith sample documents Reversal of individual documents, mass reversal and reversal of reversed document Month End Provisions – Open item Management – Full clearing, Partial Clearing and Residual Clearing Accrual and Deferral documents Interest calculations on term loans
PART 4: Accounts Payable Creation of vendor account groups Creation of number ranges for vendor master records Assignment of number ranges to vendor account groups Creation of tolerance group for vendors Creation of vendor master (display/change/block/unblock of vendor master) Posting of vendor transactions (invoice posting, payment posting, credit memo) Display Vendor balances and G/L Balances Configuration Settings for advance payments to Vendors (down payment) 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 Creation of void reasons Maintenance of check register Display check register Cancellation of unissued checks Cancellation of issued checks posting of purchase returns Configuration of automatic payment program Defining correspondence & party statement of accounts PART 5: Accounts receivable: Creation of customer account groups Creation of number ranges for customer master records Assignment of number ranges for customer account groups 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) Display customer balances and G/L Balances Configuration Settings for advance payment from customers (down payment) Configuration settings for terms of payment to customers Configuration of settings for dunning Generating the dunning letters Defining correspondence and party statement of accounts Bills of exchange Posting of sales returns PART 6: Asset Accounting: Copy reference chart of depreciation

SAP FICO (Finance and Controlling)

£ 10 VAT inc.