SAP FICO Online Training

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SAP FICO

• Lets Get Started!

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SAP FICO A brief Introduction

• FI and CO are the two different, however closely
  integrated SAP modules that aid organizations in
  decision making by generating financial
  statements. The FI module is responsible for
  generating financial statement by maintaining
  financial transactions of the organization while
  the CO module provides operational information to
  the management for decision making.

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Benefits of SAP FICO training

• The SAP FICO training is very helpful for the
  aspirants as it builds proficiency in gathering,
  allocating, and analyzing costs in order to
  calculate profits earned. The training provides
  you with a better understanding of the SAP FICO
  module right from the ground level and make sure
  that you learn the complete working of the
  financial system. The training can help candidate
  to fulfill the various responsibilities in an
  organization.

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• The candidate will also get the following
  benefits
• Understand how SAP financial accounting works
• Learn about important financial accounting terms
• Learn About Sub-Ledgers, Accounts Receivable and
  Payable, Asset Accounting
• Enable smooth financial accounting and
  controlling functions
• Know how the finance module integrates with other
  SAP modules

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Responsibilities of an SAP FICO professional

• The following are the responsibilities of an SAP
  FICO professional in his/her organization
• Prepare different types of accounting documents
  and financial statements
• Balance sheet accounts reviews and
  reconciliations
• Purchase price valuation (PPV) analysis
• Supply Chain Management (SCM) reporting
• Manage account payables and accounts receivables
• Manage cash-flow, credit management and finance
• Preparation of Federal/State Income tax return
  statements

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Components of SAP FI and CO modules

• The different components of the SAP FICO module
  are
• Components of FI
• General Ledger Accounting
• Fixed Asset Accounting
• Accounts Receivable and Accounts Payable

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• Components of CO
• Cost Element Accounting
• Cost Center Accounting
• Profit Center Accounting
• Cost Controlling
• Product Cost Controlling
• Internal Orders
• Activity Based Costing
• Profitability Analysis

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Thank You!