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SAP FICO Certification Online Training in Houston, TX

Trainerkart Americas, INC
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Endorsed by Curators:
Jan 28 9:00AM - 5:00PM

SAP FICO, SAP FI (Financials) monitors company financials while CO (Controlling) delivers cost accounting. SAP FI is used to store the financial data of an organization and also helps to analyse the financial conditions of a company in the market whereas SAP CO supports coordination, monitoring, and optimization of all the process in the organization. Our training program focuses on core accounting and reporting concepts like financial controlling credit control, maintain fiscal year variant and tax code, assign the company code to a chart of accounts etc.

Key Features:

  • 50 Hours of Instructor Led Training
  • On Demand Flexible Duration of Learning (8 hours per day/4 Hours per day/3 hours per day)
  • Weekend/Weekday batches available
  • Life time access to the class recordings for future reference
  • Remote access to SAP IDES systems
  • Case studies and projects

Course Description

SAP is one of the biggest players in the enterprise software application industry which is aimed at superior enterprise resource planning. SAP is the abbreviation for Systems, Applications, and Products in Data Processing. SAP Finance and Controlling (FICO) is one of the most broadly used SAP modules. SAP FICO module includes SAP FICO configuration, SAP CO configuration, SAP FI user and SAP CO user. Taking up a SAP FICO certification is the first step towards beginning a career as a SAP FICO consultant. The different parts of the SAP FI and SAP CO modules are essential to building the skill sets of a SAP FICO consultant or professional.

Did you Know

1. SAP FICO enables enterprises to keep track of every financial transaction and aids in finance reporting at the end of fiscal year.
2. It has been established by research that SAP customers help 800 million consumers live safer and healthier lives.
3. SAPs customers manufacture more than 77,000 automobiles per day as found by leading statistical organizations.
4. Another impressive statistic is that SAPs customers produce 65% of the worlds televisions..
5. Also well known as an empirical fact is that SAP customers produce more than 52% of the worlds movies.

Why learn and get certified in SAP FICO?

1. SAP FICO offers highly advanced means of financial transaction reporting and also better handling of accounts.
2. Banks, tax authorities, managers, administrators, and stockholders utilize external reports generated with the help of SAP FICO according to specific requirements.
3. SAP FI is responsible for consolidating diverse modules and creating a single system for the entire organization.
4. To Sum it up, SAP FI obtains data for external reporting procedures while its SAP Controlling Module (CO) lays stress on data for internal users.

Pre-requisites

Candidates do not require any specific requirements to take up this course except a basic background in information technology.

Course Objective

After the completion of SAP FICO course, you will be able to:
1. Learn the basic concepts and fundamentals of Finance and Controlling modules
2. Learn about General Ledger, Accounts Payable, Bank Accounting and Funds Management and its application in finance analysis
3. Learn about Business Process and how FICO Module work in R/3
4. Apply Implementation Training and Integration with other Modules
5. Apply Real-time Training with End to End Implementation Process

Who should attend this Training?

This certification is highly suitable for a broad range of professionals either aspiring to, or already are in the IT and Finance domain, such as:
1. Analytics professionals, professionals desirous of excelling in the fields of accounting and finance
2. IT developers and testers
3. Data analysts
4. BI and reporting professionals
5. Project managers
6. Data scientists
7. Professionals aspiring for a career in growing and demanding fields of real-time big data analytics

Prepare for Certification!

Our training and certification program gives you a solid understanding of the key topics covered by Foundation and Advanced Level Certification exams. This is aimed at students who have recently completed, and experienced professionals to enhance their practical knowledge in SAP FICO modules. In addition to boosting your income potential, getting certified, demonstrates your knowledge and the skills, understanding of the fundamentals of SAP FICO along with processes, tools, techniques, and management methodology. The certification validates your ability to produce reliable, high-quality results with increased efficiency and consistency.

How will I perform the practical sessions in Online training?

For online training, Trainerkart provides a virtual environment that helps in accessing each others system. The complete course material in pdf format, reference materials, course code is provided to trainees. Trainerkart conductes online sessions through any of the available requirements like WebEx, GOTOMeeting, Webinar, etc.

Case-Studies

CASE STUDY # 1 Implementation of SAP FICO software

About Project:

This project is a SAP R/3 implementation project. The scope of the project covers the business processes related to Marketing, Sales, Production and Finance Accounting and Management Accounting. So modules Implemented in this project are SD, MM, PP, FI and CO.

Implementation Methodology:
SAP recommends ASAP Methodology for implementations, In this case study, we will use ASAP methodology. As a consultant, you should get exposed to all Five phases of implementation and should be able to gain good knowledge on each phase. We will walk through with each phase in detail.
1. Project Preparation Documentation Work
2. Business Blue Print Documentation Work
3. Realization Configuration and Customizations
4. Final Preparations: Data migrations from legacy to SAP system
5. Go Live and Support: Handholdings for SAP implementation, Resolving tickets

Tasks in FICO Module:

You need to study and understand the different business process in Legacy & creation to a creation system and map them to SAP system. Configuration and Customization task include in Definition creation and assignment of Various Organization Units, variants, creation of different master records, should be able to post business transactions and generate various reports and do closing activities. You are expected to prepare a blueprint and also configuration documents. Further, you need to get involved in Data Migration Project where you should be uploading thousands of various master records like customer master, vendor masters, Asset Masters, GL masters, Material Masters so on, also you need to build configuration blocks in sub modules like General Ledger, Bank Accounting, Accounts Receivable, Accounts Payable, Asset Accounting, Cost Element Accounting, Cost Center Accounting, Profit Center Accounting, Internal orders, Product Costing, Profitability Analysis.
Final you need to submit your work as a presentation at the end of training.

Course Curriculumn:


  • Part A Financial Accounting

    1. Introduction to ERP
    2. Advantages of SAP over other ERP packages
    3. Introduction to SAP R/3 FICO
    1. Definition of company
    2. Definition of company code
    3. Assignment of company to company code
    4. Definition of business area
    5. Definition of fiscal year variant
    6. Assignment of fiscal year variant to company code
    7. Definition of posting period variant
    8. Assignment of posting period variant to company code
    9. Open and close posting period
    10. Defining document type & number ranges
    11. Maintenance of field status variants
    12. Assignment of field status variant to company code
    13. Definition of tolerance groups for GL accounts
    14. Definition of tolerance groups for employees
    15. Assignment of tolerance groups to users
    16. Taxes on Sales & Purchases (Input & Output)
    17. Creation of chart of Accounts
    18. Defining Accounts Groups
    19. Defining Retained Earnings Account
    1. Creation of General Ledger Master (with and without reference)
    2. Display/Change/Block/Unblock of General Ledger Master
    3. Document Entry Posting Normal Postings and Posting with Reference
    4. Display and Change of Documents
    5. Display of GL Balances
    6. Display GL Account Line Items
    7. Parked Documents
    8. Hold Documents
    9. Creation of Sample Document and Postings with Sample Documents
    10. Defining Recurring Entry Document and Postings with a Recurring Doc.
    11. Reversal of Individual Documents, Mass Reversal, and Reversal of Cleared Items
    12. Defining Exchange Rate types and Translation Ratios
    1. Definition of Company
    2. Definition of Company Code
    3. Assignment of Company to Company Code
    4. Definition of Fiscal Year Variant
    5. Assignment of Fiscal Year Variant to Company Code
    6. Definition of Posting Period Variant
    7. Assignment of Posting Period Variant to Company Code
    8. Open and Close Posting Period
    9. Defining Document Type and Number Ranges
    10. Maintenance of Field Status Variants
    11. Assignment of Field Status Variant to Company Code
    12. Definition of Tolerance Groups for GL Accounts
    13. Definition of Tolerance Groups for Employees
    14. Assignment of Tolerance Groups to Users
    15. Taxes on Sales and Purchases (Input and Output)
    16. Creation of Chart of Accounts
    17. Defining Accounts Groups
    18. Defining Retained Earnings Account
    19. Cancellation of Issued Checks
    20. Configuration of Automatic Payment Program
    21. Payment to Vendors through APP
    1. Creation of Customer Account Groups
    2. Creation of Number Ranges for Customer Master Records
    3. Assignment of Number Ranges for Customer Account Groups
    4. Creation of Tolerance Group for Customers
    5. Creation of Customer Master (display/change/block/unblock of vendor master)
    6. Posting of Customer Transactions (sales invoice posting, payment posting, debit memo)
    7. Settings for Advance Payment from Parties (down payment)
    8. Configuration of Settings for Dunning
    9. Generating the Dunning Letters
    1. Defining Chart of Depreciation
    2. Creation of 0% Tax Codes for Sales and Purchased
    3. Assignment of Chart of Depreciation to Company Code
    4. Defining Account Determination
    5. Definition of Screen Layout Rules
    6. Definition of Number Ranges for Asset Classes
    7. Integration with General Ledger & Posting Rules
    8. Defining Depreciation Key
    9. Definition of Multilevel Methods
    10. Definition of Period Control Methods
    11. Creation of Main Asset Master Records
    12. Creation of Sub-asset Master Records
    13. Acquisition of Fixed Assets
    14. Sale of Fixed Assets
    15. Transfer of Assets
    16. Scrapping of Assets
    17. Depreciation Run
    1. The Configuration of Document Splitting
    2. Posting of Journal Entries in General Ledger, Accounts Payable, and Account Receivable to Check Whether Document Splitting is Taking Place or not.
    3. Deactivation of Document Splitting
    1. Financial Statement Version
    2. General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

    Part B - Controlling

    1. Defining Controlling Area
    2. Defining Number Ranges for Controlling Area
    3. Maintain Versions
    1. Creation of Primary Cost Elements from Financial Accounting Area
    2. Creation of Primary Cost Elements from Controlling Area
    3. Display of Cost Element Master Records
    4. Change Cost Element Master Records
    5. Primary Cost Element Categories
    6. Secondary Cost Element Categories
    7. Default Account Assignments
    1. Defining Cost Center Standard Hierarchy
    2. Creation of Cost Centers and Cost Center Groups
    3. Display Cost Center Master Records
    4. Change Cost Center Master Records
    5. Creation of Cost Center Groups
    6. Posting to Cost Centers
    7. Reposting of Co Line Items
    8. Report of Costs
    9. Planning for Cost Centers
    10. Overhead Calculation
    11. Creation of Secondary Cost Element Master Records
    12. Creation and Execution of Distribution Cycle
    13. Creation and Execution of Assessment Cycles
    14. Cost Center Reports
    Reports
    1. Generating the Cost Center Reports
    1. Defining Order Types
    2. Creation of Internal Order Master Records
    3. Display Internal Order Master Records
    4. Change Internal Order Master Records
    5. Postings to Internal Orders
    6. Planning for Internal Orders
    7. Reposting Co Line Items for Internal Orders
    8. Creation of Real Internal Orders
    9. Posting of Business Transaction to Real Orders
    10. Definition of Allocation Structures
    11. Definition of Settlement Profiles
    12. Definition of Planning Profiles
    13. Settlement of Real Internal Orders
    Reports
    1. Generating the Internal Order Reports
    1. Basic Settings for Profit Center Accounting
    2. Creation of Dummy Profit Centers
    3. Maintenance of Control Parameters for Actual Postings
    4. Maintaining the Number Ranges for Profit Center Documents
    5. Creation of Profit Center Master Records
    6. Display of Profit Center Master Records
    7. Changing the Profit Center Master Records
    8. Automatic Assignment of Revenue Elements for Profit Centers
    9. Assignment of Profit Centers in Cost Center Master Records
    10. Posting of Transactions into Profit Centers
    1. Creation of Characteristics
    2. Creation of Value Fields
    3. Maintaining the Operating Concern
    4. Assignment of Controlling Area to Operating Concern
    5. Activating the Profitability Analysis
    6. Define Number Ranges for Actual Postings
    7. Create User Defined Characteristics
    8. Maintain Values for User Defined Characteristics
    9. Mapping of SD Conditions Types to COPA Value Fields
    10. Value flow FI/MM to COPA
    11. Derivation Rules
    12. Creation of Forms
    13. Creation of Form Based Reports
    14. Creation of Line Item Based Reports
    15. Viewing the Reports
    1. Costing Sheet Creation
    2. Cost Component Structure
    3. Creation of Costing Variant
    4. Creation of BOM
    5. Creation of Routing
    6. Standard Cost Run
    7. Standard Cost Release

    Part C- Integration

    1. Definition of Organizational Units in Materials Management i.e. Plant, Storage Location and Purchase Organization
    2. Assignment of Organizational Units to Each Other
    3. Definition of Tolerance Groups for Purchase Orders
    4. Definition of Tolerance Groups for Goods Receipt
    5. Definition of Tolerance Groups for Invoice Verification
    6. Definition of Vendor Specific Tolerances
    7. Creation, Display and Change of Material Master Records
    8. Creation of Plant Parameters
    9. Maintenance of Posting Periods for Materials Management
    10. Maintenance of Parameters for Invoice Verification
    11. Maintenance of Plant Parameters for Inventory Management and Physical Inventory
    12. Definition of Attributes for Material Types
    13. Assignment of GL Accounts for Material Transactions in Financial Accounting
    14. Integration of MM with FI
    15. Creation of Purchase Order, Posting of Goods Receipt, Invoice Verification and Goods Issue for Production
    1. Definition of Sales Organization
    2. Definition of Distribution Channels
    3. Definition of Divisions
    4. Assignment Among Various Organizational Units in SD
    5. Definition of Partner Functions
    6. Definitions of Shipping Point and Loading Points
    7. Definition of Pricing Procedures
    8. Determining the Shipping Points
    9. Determining the Pricing Procedures
    10. Maintenance of SD Condition Types
    11. Maintenance of Condition Records
    12. Assignment of GL Accounts for Sales Transactions( integration of FI with SD)
    13. Creation of Sales Order
    14. Initialization of Stock
    15. Posting the Delivery of Goods
    16. Creating the Sales Invoice
  • Part A Financial Accounting

    1. Introduction to ERP
    2. Advantages of SAP over other ERP packages
    3. Introduction to SAP R/3 FICO
    1. Definition of company
    2. Definition of company code
    3. Assignment of company to company code
    4. Definition of business area
    5. Definition of fiscal year variant
    6. Assignment of fiscal year variant to company code
    7. Definition of posting period variant
    8. Assignment of posting period variant to company code
    9. Open and close posting period
    10. Defining document type & number ranges
    11. Maintenance of field status variants
    12. Assignment of field status variant to company code
    13. Definition of tolerance groups for GL accounts
    14. Definition of tolerance groups for employees
    15. Assignment of tolerance groups to users
    16. Taxes on Sales & Purchases (Input & Output)
    17. Creation of chart of Accounts
    18. Defining Accounts Groups
    19. Defining Retained Earnings Account
    1. Creation of General Ledger Master (with and without reference)
    2. Display/Change/Block/Unblock of General Ledger Master
    3. Document Entry Posting Normal Postings and Posting with Reference
    4. Display and Change of Documents
    5. Display of GL Balances
    6. Display GL Account Line Items
    7. Parked Documents
    8. Hold Documents
    9. Creation of Sample Document and Postings with Sample Documents
    10. Defining Recurring Entry Document and Postings with a Recurring Doc.
    11. Reversal of Individual Documents, Mass Reversal, and Reversal of Cleared Items
    12. Defining Exchange Rate types and Translation Ratios
    1. Definition of Company
    2. Definition of Company Code
    3. Assignment of Company to Company Code
    4. Definition of Fiscal Year Variant
    5. Assignment of Fiscal Year Variant to Company Code
    6. Definition of Posting Period Variant
    7. Assignment of Posting Period Variant to Company Code
    8. Open and Close Posting Period
    9. Defining Document Type and Number Ranges
    10. Maintenance of Field Status Variants
    11. Assignment of Field Status Variant to Company Code
    12. Definition of Tolerance Groups for GL Accounts
    13. Definition of Tolerance Groups for Employees
    14. Assignment of Tolerance Groups to Users
    15. Taxes on Sales and Purchases (Input and Output)
    16. Creation of Chart of Accounts
    17. Defining Accounts Groups
    18. Defining Retained Earnings Account
    19. Cancellation of Issued Checks
    20. Configuration of Automatic Payment Program
    21. Payment to Vendors through APP
    1. Creation of Customer Account Groups
    2. Creation of Number Ranges for Customer Master Records
    3. Assignment of Number Ranges for Customer Account Groups
    4. Creation of Tolerance Group for Customers
    5. Creation of Customer Master (display/change/block/unblock of vendor master)
    6. Posting of Customer Transactions (sales invoice posting, payment posting, debit memo)
    7. Settings for Advance Payment from Parties (down payment)
    8. Configuration of Settings for Dunning
    9. Generating the Dunning Letters
    1. Defining Chart of Depreciation
    2. Creation of 0% Tax Codes for Sales and Purchased
    3. Assignment of Chart of Depreciation to Company Code
    4. Defining Account Determination
    5. Definition of Screen Layout Rules
    6. Definition of Number Ranges for Asset Classes
    7. Integration with General Ledger & Posting Rules
    8. Defining Depreciation Key
    9. Definition of Multilevel Methods
    10. Definition of Period Control Methods
    11. Creation of Main Asset Master Records
    12. Creation of Sub-asset Master Records
    13. Acquisition of Fixed Assets
    14. Sale of Fixed Assets
    15. Transfer of Assets
    16. Scrapping of Assets
    17. Depreciation Run
    1. The Configuration of Document Splitting
    2. Posting of Journal Entries in General Ledger, Accounts Payable, and Account Receivable to Check Whether Document Splitting is Taking Place or not.
    3. Deactivation of Document Splitting
    1. Financial Statement Version
    2. General Ledger, Accounts Payable, Accounts Receivable and Assets Reports

    Part B - Controlling

    1. Defining Controlling Area
    2. Defining Number Ranges for Controlling Area
    3. Maintain Versions
    1. Creation of Primary Cost Elements from Financial Accounting Area
    2. Creation of Primary Cost Elements from Controlling Area
    3. Display of Cost Element Master Records
    4. Change Cost Element Master Records
    5. Primary Cost Element Categories
    6. Secondary Cost Element Categories
    7. Default Account Assignments
    1. Defining Cost Center Standard Hierarchy
    2. Creation of Cost Centers and Cost Center Groups
    3. Display Cost Center Master Records
    4. Change Cost Center Master Records
    5. Creation of Cost Center Groups
    6. Posting to Cost Centers
    7. Reposting of Co Line Items
    8. Report of Costs
    9. Planning for Cost Centers
    10. Overhead Calculation
    11. Creation of Secondary Cost Element Master Records
    12. Creation and Execution of Distribution Cycle
    13. Creation and Execution of Assessment Cycles
    14. Cost Center Reports
    Reports
    1. Generating the Cost Center Reports
    1. Defining Order Types
    2. Creation of Internal Order Master Records
    3. Display Internal Order Master Records
    4. Change Internal Order Master Records
    5. Postings to Internal Orders
    6. Planning for Internal Orders
    7. Reposting Co Line Items for Internal Orders
    8. Creation of Real Internal Orders
    9. Posting of Business Transaction to Real Orders
    10. Definition of Allocation Structures
    11. Definition of Settlement Profiles
    12. Definition of Planning Profiles
    13. Settlement of Real Internal Orders
    Reports
    1. Generating the Internal Order Reports
    1. Basic Settings for Profit Center Accounting
    2. Creation of Dummy Profit Centers
    3. Maintenance of Control Parameters for Actual Postings
    4. Maintaining the Number Ranges for Profit Center Documents
    5. Creation of Profit Center Master Records
    6. Display of Profit Center Master Records
    7. Changing the Profit Center Master Records
    8. Automatic Assignment of Revenue Elements for Profit Centers
    9. Assignment of Profit Centers in Cost Center Master Records
    10. Posting of Transactions into Profit Centers
    1. Creation of Characteristics
    2. Creation of Value Fields
    3. Maintaining the Operating Concern
    4. Assignment of Controlling Area to Operating Concern
    5. Activating the Profitability Analysis
    6. Define Number Ranges for Actual Postings
    7. Create User Defined Characteristics
    8. Maintain Values for User Defined Characteristics
    9. Mapping of SD Conditions Types to COPA Value Fields
    10. Value flow FI/MM to COPA
    11. Derivation Rules
    12. Creation of Forms
    13. Creation of Form Based Reports
    14. Creation of Line Item Based Reports
    15. Viewing the Reports
    1. Costing Sheet Creation
    2. Cost Component Structure
    3. Creation of Costing Variant
    4. Creation of BOM
    5. Creation of Routing
    6. Standard Cost Run
    7. Standard Cost Release

    Part C- Integration

    1. Definition of Organizational Units in Materials Management i.e. Plant, Storage Location and Purchase Organization
    2. Assignment of Organizational Units to Each Other
    3. Definition of Tolerance Groups for Purchase Orders
    4. Definition of Tolerance Groups for Goods Receipt
    5. Definition of Tolerance Groups for Invoice Verification
    6. Definition of Vendor Specific Tolerances
    7. Creation, Display and Change of Material Master Records
    8. Creation of Plant Parameters
    9. Maintenance of Posting Periods for Materials Management
    10. Maintenance of Parameters for Invoice Verification
    11. Maintenance of Plant Parameters for Inventory Management and Physical Inventory
    12. Definition of Attributes for Material Types
    13. Assignment of GL Accounts for Material Transactions in Financial Accounting
    14. Integration of MM with FI
    15. Creation of Purchase Order, Posting of Goods Receipt, Invoice Verification and Goods Issue for Production
    1. Definition of Sales Organization
    2. Definition of Distribution Channels
    3. Definition of Divisions
    4. Assignment Among Various Organizational Units in SD
    5. Definition of Partner Functions
    6. Definitions of Shipping Point and Loading Points
    7. Definition of Pricing Procedures
    8. Determining the Shipping Points
    9. Determining the Pricing Procedures
    10. Maintenance of SD Condition Types
    11. Maintenance of Condition Records
    12. Assignment of GL Accounts for Sales Transactions( integration of FI with SD)
    13. Creation of Sales Order
    14. Initialization of Stock
    15. Posting the Delivery of Goods
    16. Creating the Sales Invoice

    For more details, please contact us.

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