SAP FICO Training

SAP FICO Training Overview

SAP FICO Online Training

SAP FICO stands for SAP finance and control. It is one of the most significant and popular modules of SAP training. KBS Training Institute conducted SAP FICO Online Training is designed and executed for an industry expert consultant as well an SAP expert management professional. This training module is available via regular classroom coaching module also. The online tutorial of SAP FICO training is available for students as well as for on –job professionals from their home. This training is done by best industry experts and SAP professionals; KBS training Institute offers best placement assistance for them as well.

SAP FICO Training Schedule

SAP FICO Training Course Content

• SAP Navigation
• Management empowered by SAP ERP
• Management empowered by SAP ERP Financials

Financial Accounting Master Data

• Chart of accounts
• G/L account
• Reconciliation accounts
• Account groups
• Customer and vendor accounts
• Bank accounts/bank keys

Document and Posting Control

• Document types and number ranges
• Posting keys and field status groups
• Posting periods
• Posting authorizations
• Default values
• Document changes, change control
• Tolerance groups and payment differences
• Cross-company code transactions
• Document reversal
• Incoming and outgoing payments
• Cash discount and payment conditions
• Taxes
• Clearing (manual and automatic)
• Payment differences
• Foreign currencies and exchange rate differences
• Cash journal

Special General Ledger Transactions, Document Parking, Substitution and Validation

• Special G/L transactions using the example of payment and guarantee of payment
• Special G/L classes and types
• Customizing of different special G/L transactions
• “Park document” versus “hold document”
• Basics of document parking
• Processing parked documents
• Substitution
• Validation

Payment Program, Dunning Program, Correspondence, Interest Calculation

• Payment program configuration
• Executing the payment run
• Creating payment media
• Dunning program configuration
• Executing the dunning run and printing the dunning notice
• Correspondence configuration
• Creating correspondence
• Interest calculation configuration
• Executing the interest calculation run

Evaluation Options in Reporting

• Drilldown reporting in Financial Accounting
• List Viewer
• Info system and ABAP reports in General Ledger, accounts receivable and accounts payable accounting

Closing Operations in Financial Accounting

• Month-end and year-end closing
• Balance sheet/P&L structure & reporting
• Receivables and payables
• Profit and loss
• Technical, organizational and documentary steps

Asset Accounting

• Organizational structures
• Master data
• Asset transactions (for example, asset acquisition, retirement, and transfer)
• Periodic processing in Asset Accounting
• Using the information system

The New General Ledger

• Activation and the idea of the New General Ledger
• New characteristics in FI
• Scenarios and scenario assignment
• Document splitting
• Real-time integration CO => FI
• Reporting with (new) FI standard drilldown reporting

TR (Treasury)

• Cash Management (TR - CM)
• Loans Management (TR - LM)
• Market Risk Management (TR - MRM)
• Treasury Management (TR - TM)
• Funds Management (TR - FM)
• Information System

IM (Investment Management

• Investment Programs
• Investment Measures (orders/products)
• Corporation Wide Budgeting
• Appropriation Requests
• Automatic Settlement of Fixed Assets
• Depreciation Forecast
• Portfolio management and investment analysis
• Information System

SAP (BANKING)

• Cheque processing
• Account transfer
• Other bank related applications

Controlling

Cost Center Accounting / Profit Center Accounting

Organizational units

• Master data cost elements, cost centers, activity types and statistical key figures
• Cross-mater data functions
• Recording primary postings
• Adjustment postings
• Direct activity allocation
• Accrual calculation
• Periodic reposting
• Distribution
• Assessment
• Reconciliation ledger
• Introduction to planning in Management Accounting
• Planning methods in cost center planning
• Integrated plan allocation cycle
• Profit center master data
• Profit center assignment

Overhead Cost Orders

• Real and statistical orders
• Master data maintenance
• Status management for overhead cost orders
• Transaction-based posting within and outside Management Accounting
• Commitments management
• Overhead rates on overhead cost orders

Billing for overhead cost orders

• Budgeting and availability control

Material Cost Estimate without Quantity Structure

• Material master– fields relevant to costing
• Single-step unit costing
• Multiple-step unit costing
• Base object costing and simulation costing

Material Cost Estimate with Quantity Structure

• Costing variant
• Cost component split
• Overhead costing sheet
• BOM
• Task list
• BOM and task list determination
• Price update
• Create costing run
• Analyses and error handling

Refined Costing Functions

• Transfer control
• Group costing
• Additive costs
• Costing co-products

Cost Object Accounting: Make-to-Stock Production with Periodic Controlling

• Product cost collector
• Decoupling scenarios
• Preliminary costing on cost object
• Simultaneous costing on cost object
• Period-end closing for periodic Controlling

Cost Object Controlling: Make-to-Stock Production with Order Controlling

• Cost objects with order view
• Preliminary costing of cost objects
• Simultaneous costing
• Period-end closing with order Controlling

Cost Object Controlling: Sales-Order-Related Production

• Sales order as cost object
• Preliminary costing of sales order
• Simultaneous costing of sales order
• Delivery and billing documents
• Period-end closed with product cost by sales order

Profitability Analysis

• Structures of Profitability Analysis
• Characteristics and value fields
• Transaction data tables
• Characteristic derivation
• Valuation
• Transfer billing data
• Assessment of cost center costs
• Billing for orders

Reporting

• Crystal reports generating
• How to handle FI/CO Tables and reports
• How integrate ABAP With FI/CO
• Trouble Ticketing
• Error handling
• How to understand errors
• How to handle (Traction Cods)

INTEGRATION

FI/CO Integration with SD

• Sales Order – Integration Points Module
• Availability Check – MM
• Credit Check – FI
• Costing – CO/ MM
• Tax Determination – FI
• Transfer of Requirements – PP/ MM
• Availability Check – MM
• Credit Check – FI
• Reduces stock – MM
• Reduces Inventory $– FI/ CO
• Requirement Eliminated – PP/ MM
• Debit A/R – FI/ CO
• Credit Revenue – FI/ CO
• Updates G/ L – FI/ CO
• (Tax, discounts, surcharges, etc.)
• Milestone Billing – PS
• Increases Inventory – MM
• Updates G/ L – FI
• Credit Memo – FI
• Adjustment to A/R – FI
• Reduces Revenue – FI

FI/CO Integration with MM

• Chart of accounts of the company code
• Valuation grouping code for the valuation area
• Transaction/event key (internal processing key)
• Account grouping (for offsetting entries, consignment liabilities, and price differences)
• Valuation class of material or (in case of split valuation) the valuation type
• Account Category Reference
• Movement Types
• Account Groupings for Movement Types
• Different G/L Accounts Assigned to Different Transaction Keys & Account Group in How to switch from SAP FI/CO end-user to implementation part
• How to download production planning from LTP calculation ?
• How to exclude storage location from MRP
• Configuration of Pricing Condition Defaults
• Product received forced an inspection lot
• SAP PI-PCS Interface
• Issue relating to the Production Order activities actual costs are not updated when production order confirmed and saved in PP module
• Example for gap analysis
• Settlement date in Order
• MRP Run
• Production order creation with missing parts
• Production Process
• Consumption of materials for order with movement for type of deposit 914
• SAP SOP - Sales, Operation and Planning (Info Structure S076)
• Individual Collective Indicator in the MRP 4 View
• Processing Keys NETCH & NETPL in MRP

FI/CO Integration With Human Resource

• Recruitment
• Personnel Administration
• Benefits Administration
• Compensation Management
• Personnel Development
• Organizational Management
• Travel Management
• Training and Events Management
• Personnel Planning
• Time Management
• Incentive
• Wages
• Workflow
• Payroll
• Internet Scenarios
• Information System{/tabs}