SAP FICO TRAINING TRAINING SAP FICO CERTIFICATION

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SAP FICO TRAINING TRAINING - SAP FICO CERTIFICATION

⏱️ 40 hours | 🎓 67K Participants | 116 Reviews

SAP FICO FREE COURSE

Plans & Pricing

Self-Paced

$399

30 Hours of Videos.

Free Demo
Technical Support
Lifetime free Upgrade
Course completion Certificate

Instructor-led Live

$599

Instructor Led Training
30 Hours E-Learning Videos.
Flexible Schedule.
Free Demo
Learn Whenever & Wherever.
Technical Support
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Course Completion Certificate

Free

$0

4 Hours E-Learning Videos.

Flexible Schedule.
Free Demo
Learn Whenever & Wherever

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NO instructor led training
NO Tenant Access
NO Technical Support
NO tool will be provided

About Course

Master Sap Fico Training with Cloud Certification expert. Our course experts are certified lead/solution architects, having 10+ years of experience in Sap-Fico.

Enroll for Sap-Fico Training Live session & get Sap-Fico Training Self-paced for FREE
Sap-Fico certification: complete set of readable documents in PDF format
Every session is recorded & shared
Real-time assignments & case studies for better understanding
Lifetime access to video library & materials
Sap-Fico training course duration 40+ hours
Support Team: 24*7 supports

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.

What Will I Learn?

Free

Material Include

Course

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Target

Audience

Top Hiring Company

Industry Trends

Course Curriculam

Introduction to SAP R/3

Introduction to ERP, Advantages of SAP over other ERP Packages
Introduction to SAP R/3 FICO
Landscape – client concept
Transport request – creation, structure, types, statuses, releasing and movement

Financial Accounting Basic Settings (Organization structure)

Definition of company
Definition of company code
Assignment of company to company code
Definition of business area
Definition of Chart of accounts and types of chart of accounts
Assignment of chart of accounts to company code
Definition of Account groups
Defining Retained Earnings Account
Definition of fiscal year variant, Short-end fiscal year
Assignment of fiscal year variant to company code
Definition of posting period variant
Assignment of posting period variant to company code
Open and close FI posting period
Defining document type & number ranges (internal and external)
Maintenance of field status variants
Assignment of field status variant to company code
Definition of tolerance groups for GL accounts
Definition of tolerance groups for employees
Assignment of tolerance groups to users
Global parameters

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 and postings with sample documents
Creation of account assignment model and posting
Configuration of line layouts for display of GL line items
Accrual and Deferral documents
Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents, re-reversal
Types of clearing – standard, partial and residual
Defining Exchange Rate types, Forex table and Translation and tables
Define Exchange rates & posting of foreign currency transactions
Interest calculations on term loans
Recurring documents
Tables and reports in GL

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 venders
Creation of vendor master (display/change/block/unblock of vender master) and related tables
Posting of vendor transactions (invoice posting, manual payment posting, credit memo) and related tables
Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
Posting of partial Payment & Residual Payment
Cash discounts from vendors and payment terms
Automatic payment program configuration with SEPA format
Bank master data and house banks
F110 execution – main bank posting from F110 and bank clearing account posting from F110 and related tables
DME files creation in xml and txt format and understanding DME structure in DMEE
Payment advice generation, payment summary generation
Reversal of payment documents
Vendor clearing – standard, partial and residual
Check payment method and creating checks manually and automatically and printing
Creation of check lots and maintenance of check register
Check encashment dates
Cancellation of unissued checks and issued checks
Creation of void reasons
Issued check cancellation
Deleting manual checks and voided checks
Defining correspondence & party statement of accounts
Real-time scenarios on APP
Intercompany payments – manual and automatic
Tables and reports in AP and APP

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) and related tables
Posting of customer transactions (sales invoice posting, manual payment posting, debit memo) and related tables
Settings for advance payment from parties (down payment)
Configuration of settings for dunning and generating the dunning letters
Defining correspondence and party statement of accounts
Cash discounts to customers
APP configuration for incoming payments direct debit
Customer clearing – standard, partial and residual
Tables and reports in AR

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Question and Answer

Do Cloudcertification provide a 100% money-back guarantee?

Yes, Cloudcertification provides a 100% money-back guarantee on fulfilling all the below checkpoints
1. This offers is only on instructor-led training
2. 95% class attendance
3. In the Test, you have to score 95% marks conducted by Cloudcertification.

What happens if I'm unable to attend the Cloudcertification online training session?

At Cloudcertification, you'll never miss a Session! You will be provided with the recorded class of that day.

When shall I get access to self-paced learning after enrollment?

Post-enrollment will provide access immediately, and you can start the course right away.

Sap Fico Certification

The certification process plays a crucial role in getting the job you want. It shows that you've gained the necessary skills to manage crucial jobs in the real world with minimal or no help from your colleagues. Companies are focusing on hiring those with qualifications and are providing huge salary packages. We will provide all required courses to earn in obtaining the certification. Cloud Certification Trainings encompasses every aspect of shaping you into a professional certified by providing you with the professional and technical knowledge that will help your career to be successful.

FAQ's

Explain the term SAP FICO?

SAP FICO stands for FI ( Financial Accounting) and CO (controlling). In SAP FICO, SAP FI take cares about accounting, preparation of financial statements, tax computations etc, while SAP CO take cares of inter orders, cost sheet, inventory sheet, cost allocations etc. It is the software that stores data, and also computes them and retrieves the result based on the current marketing scenario. SAP FICO prevents data lost and also does the verification and reporting of data.

What are the other modules to which ‘Financial Accounting’ is integrated?

The other modules to which ‘Financial Accounting’ is integrated are

a) Sales and Distribution

b) Material Management

c) Human Resource

In SAP FI what are the organizational elements?

The organizational elements in SAP FI are:

a) Company Code

b) Business Area

c) Chart of Account

d) Functional Area

Explain what is posting key and what does it control?

In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as ‘Posting Key’

Posting key determines

a) Account Types

b) Types of posting. Debit or Credit

c) Field status of transaction

What is the company code in SAP?

To generate financial statements like Profit and Loss statement, Balance sheets etc. company code is used.

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