SAP FICO is a critical core component of the SAP ERP Central Module that helps businesses to handle all of their financial data. SAP FICO helps businesses in keeping a detailed record of their transactions. SAP FICO is designed to assist firms in generating and managing financial statements for analysis and reporting, as well as in successful business management and..
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About SAP FICO
Companies may use SAP FI to create income reports for analysis and reporting. Accounting records and profit and loss statements are types of financial statements. SAP FI is made up of various sub-modules that each handle a different accounting procedure. SAP CO enables processes to plan, report on, and monitor expenses from business activities, whereas SAP FI deals with a company's accounting and internally and externally reporting. SAP CO can help you increase your company's financial performance. SAP CO, like SAP FI, is made up of sub-modules that deal with certain operations. SAP FICO is a very powerful module that covers practically all business processes in a variety of sectors. It is one of the most significant and commonly used SAP modules. The SAP Financial Accounting and Controlling (FICO) course ranges from beginner to advanced, and it's meant to help you find a job in a reputable MNC company in Chennai as soon as you finish the sap fico certification training course. This extremely intricate SAP FICO course in Chennai will teach you how to master SAP FICO administration and advance your skillset to the next level.
Why Should I do SAP FICO Course at SevenMentor?
The ECC model is used by a large variety of companies, and FICO is used for the functional component of their business processes. As a result, a large number of FICO consultants and end-users are involved in the implementation and maintenance tasks. Industries that previously operated on a non-ERP basis are gradually migrating to ERP software to run their operations more efficiently and transparently. Therefore, SAP has become the most popular ERP in the industrial sector since it is the world's most popular ERP software. Because finance and management accounting are two of the most important departments in any business, whether small or large, an organization that uses SAP ERP must also use SAP FICO. When a firm implements SAP ERP, it is evident that FICO consultants are required to manage the financial and controlling aspects. As a result, there is a demand for candidates like you who want to work in SAP FICO. I would like to remind you, students, that because of high demand in the corporate world SAP FICO experts are very highly paid across the entire sector. So it is imaginable as to why doing the SAP FICO course in Chennai is of utmost importance if you want to get a career in this sector. As a result, there is a demand for candidates like you who want to work in SAP FICO. We provide the best SAP FICO Classes in Chennai with a 100% placement guarantee for both students and working professionals.
Why is SevenMentor the best SAP FICO training institute in Chennai?
SevenMentor offers SAP FICO training in Chennai that is both practical and focused on placement. The SAP Financial Accounting and Controlling course ranges from beginner to expert, and it is aimed to position our learners in good MNC firms in Chennai as soon as possible once they complete the SAP FICO certification training program at SevenMentor. Our instructors are SAP certified experts and working professionals with real-world SAP FICO project expertise. We created our SAP FICO course material and curriculum to meet the needs of students and help them reach their professional goals. SAP R/3 Framework, General Ledger, Accounts Payable, Accounts Receivable, Investment Accounting, Managing, Internal Commands, Profit Centre Accounting (PCA), Profitability (CO-PA), Product Pricing, Convergence, Analyses, sap fico real-time project, and SAP Financial Accounting and Controlling placement training are all covered in our SAP FICO training program. SevenMentor provides SAP FICO classes at a variety of places in Chennai. Our SAP FICO training locations are well-equipped with cutting-edge labs and state-of-the-art technology. In Chennai, we also provide SAP FICO certifications to our students. We have trained more than 3671 students across India through our SAP FICO facilities. So please join us at the best SAP FICO Course in Chennai and just get trained by the best coaches in the best facilities on a best-designed SAP FICO course. All the features at our SAP FICO classes in Chennai help towards making you skilled and knowledgeable in the most prospective career option in the current market.
What are the Certification and Placement Options available for the SAP FICO Classes?
We at SevenMentor are proud of our Certification process which ensures all our students have received excellent training in the respective courses. The SAP FICO certification course in Chennai is a very rigorous exercise that will impart our students with the best theoretical and practical knowledge of SAP FICO Administration and Deployment. We conduct theory-based tests and hands-on mini project-based evaluations of all students and only after clearing the exams with more than 60% do we provide our industry-renowned SAP FICO certification to the students. Such stringent policy results in our certification is well regarded in the industry. Students are requested to join the best course for SAP FICO in Chennai and earn a deserving SAP FICO certificate at the end of this journey. We are not only providing students with a valuable certificate but also with an actual well-paid job in SAP FICO-based positions. Our HR services allow every SevenMentor student to work at the best MNC’s in India. We have partnered with the best companies and Startups in India. Since we have a very decent placement scheme our students have received tremendous packages immediately after completion of their certification for SAP FICO through our institute. Come and join us at SevenMentor’s Chennai center for the most prestigious SAP FICO certificate training.
What is covered in the SAP FICO Course?
SAP FICO configuration and user, as well as personal data, configuration, and reporting, are all part of the SAP control. Cost kinds, cost centers, profit centers, internal orders, functional regions, statistical key figures, and types of operations are examples of master data. All cost and revenue accounts are included in cost components; cost centers and profit centers are all departmental divisions that control a company's expenses and profits, and internal orders are all key orders. It is possible to access internal management cost data by adopting SAP CO. You can manage your data and make numerous organizational decisions using this module, which provides a greater understanding of financial reports. Furthermore, this module enables businesses to handle reports and information databases following their business requirements. Cost Element Accounting, Cost Center Accounting, Profit Center Accounting, Internal Orders, Product Cost Controlling, and Profitability Analysis are just a few of the subjects covered in this module.
The current crisis has awakened the globe to the value of online education. Keeping this in mind, SevenMentor has begun offering online SAP FICO training. The online SAP FICO course in Chennai has benefited greatly from our adaptable teaching style, which is comparable to our offline course. Regardless of whether it is an online course or not, our training technique uses individualized methods and individualized attention to students all through the duration of the course. Our online SAP FICO classes are provided using a cutting-edge teaching method and a hands-on approach. Students can take a whole pre-recorded module or attend live sessions as part of the SevenMentor online training course in Chennai. This combo strategy allows students to finish the chapters at their own pace while also ensuring their participation in the training phase. Routine assessments and assignments assist students in grasping the SAP FICO's practical applications. Students have remote access to the institute's resources to ensure they have the best computer performance and access to key instructional materials. Our online SAP FICO classes in Chennai have been running in Chennai for a while now, and the response we've seen from students has been very favorable. Enroll in this study program from the comfort and privacy, and you'll be on your way to a rewarding profession.
- 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
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This is one of Chennai's most sought-after professional training colleges, and they treat it as such. I finished my SAP Fico training in around two months, working my way up the ladder in a hands-on course. We also got hands-on practice and assessments regularly. Overall, it was a fantastic experience.
- Parag Shinde
Until I attended this course, I felt I understood everything there was to know about SAP FICO. I was assigned here by my employer, although I was not looking forward to it. Now I know it was well worth it because I discovered how many things I was doing incorrectly. Thank you so much, SevenMentor.
- Neeraj Shukla
SevenMentor is the best SAP FICO institution. The reason for this is that they have a highly qualified faculty. My trainer is superb at what he does and how he teaches. He is explaining all of our inquiries, no matter what they are. I appreciate the assistance of the trainers and support staff.
- Kirti Tupe
Course video & Images
The employment training infrastructure of SevenMentor Chennai is well-known. We have allocated 40 trainers that give corporate training to both locally and throughout India for industry-specific training. In Chennai, we have successfully conducted a large number of corporate SAP FICO training sessions. We have partnerships with several IT software businesses, and our corporate training programs have received great feedback from our clients. Best SAP FICO administration and management certified trainers have been hand-picked by us for this course. Their real-world expertise with important SAP FICO procedures, as well as their long-term relationships with top firms, is a useful contribution to your workers' knowledge and the operation of your company. Employees receive tailored training from corporate trainers depending on their credentials and position within the company. SevenMentor can meet the different demands of our business clients as a result of this. We conduct business training and personality development courses for workers and corporations in addition to fundamental SAP FICO corporate training. We offer 45+ courses to our corporate customers that operate in a variety of industries, and we have a diversified portfolio. Contact us at our regional numbers if you're a firm searching for the best corporate SAP FICO training in Chennai. All of our courses are taught in groups of 20 to 200 people, and we provide special discounts on our corporate SAP FICO classes in Chennai. Employees receive accreditation for the corporate training program from the client organization.
Our Placement Process
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