Nowadays, practical business planning is crucial for the prosperity of the organization. SAP FICO is a vital tool that assists corporations in assessing financial transactional data. It enables us to make better business policies.
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About SAP FICO
SAP FICO is a significant core functional element in SAP ERP Central Component. It includes two areas, SAP Finance (FI) and SAP Controlling (CO). Both of them are useful for a specific financial procedure. It enables a company to store a detailed version of its financial transaction data. SAP FI works with financial accounting and reporting, while SAP CO concentrates on monitoring and planning costs. Precisely, the goal of SAP FICO is to assist companies in formulating and managing financial statements for reporting and analysis. It also supports beneficial business planning and decision-making. So learning SAP FICO is essential. SevenMentor, a recognized institute, has framed the best SAP FICO certification course in Bangalore. It will help you to understand it and make a successful career in it.
Why should you learn about SAP FICO?
Rising significance of SAP FICO
SAP FICO also assists in well arranging the financial management systems, which arise in better record management and comfort in the decision-making procedure. Organizing revisions, product costing as well as production costs have become simple. Through processes, there is further activity-based costing. For significant incidents, now institutions can keep track of the expenses. It helps in generating sales reports and profitability using internal or external measurement.
Significance of Market Overview
The desire for FICO skills is not only in prominent cities; it is there globally. Like the SCM experts, SAP BASIS, and LE, FICO is the most critical SAP module. In these regions, there are limited FICO experts with vital commercial understanding. There has been an arising trend in the quantity of SAP FICO work. SAP FICO experts assist the end-user in differentiating the technical elements of the module.
SAP Consultants are always reputed. If you are eager to establish your career in the thriving financial area, get the knowledge in the SAP area. It will enhance more significance to your resume. SAP fulfills ID cards and Logos to the people who occupy the SAP Certification. These logos support you to attain distinction from the recruiters.
ERP Finance and control
ERP FICO is known as ERP finance and control. It comprises a real-time function. Before, the traditional systems did not deliver the real-time analysis of an organization’s financial health, but now it is also possible to utilize the ERP FICO. The module FICO of ERP also fulfills the condition of external reporting. It is a fundamental utility to organize documents about numerous currencies, organizations, and nations. SevenMentor has framed the best SAP FICO Classes in Bangalore. So by learning SAP FICO, you can add benefits to your career.
Why choose SevenMentor to learn about SAP FICO?
SevenMentor is the best SAP FICO institute as It provides SAP FICO training with job guarantee in Bangalore. We provide 100% placement assistance to our students and have working professionals in respected companies. So, they will help you in getting a job in reputed firms. Our SAP FICO course fees in Bangalore are affordable to everyone. So, this course is accessible for a person of every financial background. At SAP FICO Training in Bangalore, our trainers are Authorized Specialists with a decade of experience and high grades. They will train you about General Ledger Accounting, Cash and Bank Accounting, Accounts Payable, Accounts Receivable, Asset Accounting, SAP FI Consultant Level, Controlling Area. Our trainers provide a practical and theoretical understanding. The crucial topics covered in this course are Master Records, Cost Element, Cost Centre Accounting, Transaction-Based posting, Profit Centre Accounting. At Our SAP FICO Classes in Bangalore, you can understand about SAP FICO along with 24/7 support. It will enable you to clarify suspicions and online job assistance. We have constructed practices and programs as per industry applicability. With the help of our trainers, you can understand SAP FICO.
At our SAP FICO Training in Bangalore, we allot adjustable batch timings to ensure the needs of learners and assigned experts. We have made accessible weekday morning, evening, weekend batches, depending upon your preferences. Online, Corporate Training is also attainable for your rational and prosperous learning. At the SAP FICO course in Bangalore, Our Trainers give unconditional freedom to the pupils. It assists them in exploring the topic and realizing it based on real-time illustrations. Our trainers boost the pupils in completing their projects. They will also enable you in for interview questions and answers. You can willingly ask any doubts at any time. Our trainers furnish the best SAP FICO course in Bangalore with job placement. We are well associated with Hiring HRs in multinational companies. Our trainers are assisting global companies. They have an awareness of several real-time programs in their Industries. So, they will help you in getting placement in reputed firms. All the worldwide companies have recognized the Certification of SevenMentor. After the prosperous completion of the course, you will get the industry-approved certification. Get the best SAP FICO Training in Bangalore from top experts with placement assistance.
Online Training is a convenient learning technique among youngsters, and SevenMentor delivers online SAP FICO Training in Bangalore. It will encourage you in an SAP FICO specialist and enhance your abilities by providing you with a detailed understanding of SAP FICO. You can get hands-on experience with real-time SAP FICO projects. Our trainers have expert-level knowledge of real-world industry applications. Apart from academic knowledge, you will work on several real-life projects. This training focuses on reporting and principal accounting concepts. You can learn about financial controlling, maintaining the fiscal tax code. With this training, You can get the guidance of an experienced presently, performing in the industry and combatting real-life challenges. These are the skills you will get to learn after joining the best corporate SAP FICO course of SevenMentor.
- BE/ Bsc Candidate
- Any Engineers
- Any Graduate
- Any Post-Graduate
- Candidate seeking this course
Syllabus of SAP FICO
- 1. Introduction to SAP R/3
- Introduction to ERP, Advantages of SAP over other ERP Packages
- SAP Implementation methodology
- Overview of different modules in SAP
- Common SAP Terminologies
- Introduction to SAP R/3 FICO
- 2. Financial Accounting Basic Setup
- System Backbone - Enterprise Structure setup in SAP
- Company code
- Operating Concern
- Controlling area
- Chart of Accounts
- Business Area
- Functional Area
- Credit controlling area
- 3. General Ledger Accounting
- Deep dive - Chart of Account
- Accounts Groups & Master-data significance
- Driving Factors of Accounting postings in SAP:
- Document type
- Number ranges
- Posting Keys
- Fiscal year variant
- Posting period variant
- Field status variants
- Exchange rates and Currencies
- Reconciliation Accounts
- Retained Earning Account
- Accrual or Deferral Postings
- Parked Document
- Fast Data entry in GL
- Concept of Open-item Clearing
- Tolerance group
- Define Financial Statement Version
- Balance carry forward Balances
- Forex Revaluation
- Reports in SAP for GL Accounting
- Substitution and Validation
- 4. Accounts receivable
- Introduction to Sub-ledger – Accounts receivable
- Customer account groups and assignment of number ranges
- Customer masterdata and significance
- Customer Payment Terms and Discounts
- Receiving Down Payment
- Bills Receivable
- Detailed Explanation of Oder to Cash flow in SAP
- FI-SD Integration
- Billing Documents (FI Invoice, SD Invoice, Credit memos)
- Customer Payment and clearing
- Credit management in SD module (Master-data, transaction and reports)
- Reports in SAP for AR
- 5. Accounts Payable
- Introduction to Sub-ledger – Accounts payable
- Vendor account groups and assignment of number ranges
- Vendor master-data and significance
- Vendor Payment Terms
- Payment Method configuration
- Configuration of Automatic Payment Program, Payment run, Payment Advise
- Detailed Explanation of Procure to Pay flow in SAP
- FI-MM Integration, Configuration of automatic posting
- GR/IR clearing
- Posting of partial Payment & Residual Payment
- Down Payment Paid
- Banking Setup
- Bank Reconciliations Statements
- 6. Asset Accounting
- Fixed Asset Life Cycle
- Asset masterdata: Creation of asset master (change/display/block/unblock).
- Define chart of depreciation, Depreciation Area
- Define Automatic account determination
- Defining Depreciation key
- Define Asset Class
- Acquisition or purchase of assets, sale of assets.
- Scrapping of assets, Transfer or retirement of assets.
- Asset under Construction and settlement to Final Asset
- Depreciation run.
- 7. Taxation
- Introduction to Tax procedure
- Input Tax / Output Tax
- Withholding Tax
- Reports for Taxation purpose
- 8. Month Ending Activities
- Important Standard SAP Reports
- Closing in Difference Modules
- Cross-tower dependent closing activities
- Year end activities
Trainer Profile of SAP FICO
- Our trainers have in total more than 12+ years of experience in corporate HR.
- They have a diverse experience of working with stakeholders across geographies and have created and implemented different HR strategies.
- Worked across different profiles within HR functionality like recruitment, talent management, payrolls, and HRBP before getting into training. In training, she started imparting training in Softskill then also into Techno- functional training as she has associated with IT Product Co.
- They have the flair for languages and fluency to explain complex HR concepts easily to students coming from backgrounds and years of experience.
SAP FICO Exams & Certification
SevenMentor Certification has the credibility to enhance your knowledge and pave a road for a successful career in corporate as a Human Resource profession. We will not only provide you theoretical and practical sessions but also groom you to be effective in the ever changing role of HR professional.
Proficiency After Training
- Can consolidate the data related to HR
- Analysis the productivity of the Human resources of the organisation
- Track the ROI
- Improved reporting capabilities
From Beginner to Expert
We are providing Training to the needs from Beginners level to Experts level.
Course will be 90 hrs to 110 hrs duration with real-time projects and covers both teaching and practical sessions.
We have already finished 100+ Batches with 100% course completion record.
Frequently Asked Questions
| 13/03/2023 ||SAP FICO ||Online||Regular Batch (Mon-Sat)||Bangalore||Book Now|
| 14/03/2023 ||SAP FICO ||Online||Regular Batch (Mon-Sat)||Bangalore||Book Now|
| 18/03/2023 ||SAP FICO ||Online||Weekend Batch (Sat-Sun)||Bangalore||Book Now|
| 18/03/2023 ||SAP FICO ||Online||Weekend Batch (Sat-Sun)||Bangalore||Book Now|
I have completed the best SAP FICO certification course in Bangalore from SevenMentor, and it was a phenomenal learning experience. The Trainers were valuable and skilled. They taught me about SAP FICO with a profound understanding. The topic of the course is excellent. Anyone eager to learn SAP FICO should join this course.
- Gitanjali Shelke
I think I made a favorable decision by enlisting SAP FICO Certification Training in Bangalore from Seven Mentor. It is an incredible learning platform as the subject is as per new industry wants. I understood all the crucial concepts of SAP FICO. I like the lessons that are accessible at accessible prices. A big thanks to SevenMentor.
- Punit Yadav
I have finished SAP FICO training with a job guarantee in Bangalore from SevenMentor. The procedure of the trainer is beneficial. Within a brief period, I have achieved a lot of understanding of SAP FICO. The trainers are authorized and skilled. They also deliver 100% placement support for the learners. It is the best learning institution for SAP FICO.
- Gauri Sontakke
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Corporate Training instructs employees to learn about company programs and procedures. It provides them an awareness of new methods and techniques without having to meet with each employee separately. SevenMentor delivers the best corporate SAP FICO training in Bangalore. It has certified trainers with decades of experience and will train you to understand SAP FICO effectively. With this corporate training, you can get a comprehensive understanding of SAP FICO. This training will provide you with both an academic and logical knowledge of SAP FICO. Our trainers will make you learn about general ledger accounting, credit control, accounts payables and receivables, asset accounting, etc. You can learn about real-life examples. We provide placement-focused training for our students and professionals. So, this corporate training is helpful for you to get a placement in a respected firm.
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