SAP is a Germany - based software company headquartered in Walldorf, Baden-Württemberg, that specializes in enterprise software for managing corporate operations and customer relationships. This company is well-known for the ERP software and BI programs.
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About SAP FICO
SAP is the largest non-American software firm in terms of revenue, the third-largest publicly listed software company in terms of revenue, and the largest German corporation in terms of market capitalization. To create the numerous SAP software, SAP employs its development language and tools. An SAP program is a set of instructions written in the ABAP programming language that regulate the behavior of a device to record commercial transactions and do analysis. When an SAP program is run, it provides certain business operations to users of the system. SAP, for instance, includes a tool that allows you to create and save sales orders. With aid of this SAP software, enterprise customers of the SAP system will collect and save new orders from their clients in the database.
Who uses SAP Software?
The SAP products are expensive and only offered to corporate clients (companies), as it is of limited utility to individuals. SAP software's principal function, as previously stated, is to automate a company's business processes. As a consequence, it's understandable that no one wants it on their computers. Many small and medium-sized enterprises consider SAP's capabilities to be beyond complex for their needs and thus not regularly used by them. These choices may be appropriate and deliberate for small organizations that do not have a large budget for high-end IT solutions. When SAP software is used to run the operations of multinational corporations throughout the world, its true strength emerges like in Coca-Cola, Amazon, Unilever, or Apple. SAP is employed by every multinational corporation because of its extraordinary flexibility and capacity to manage across several countries.
What is SAP FICO?
The terms "Financial Accounting" and "Controlling" in SAP FICO stand for "Financial Accounting" and "Controlling," respectively. SAP FI and SAP CO are two significant SAP core components that work together to enable business organizations to preserve and create financial information for better decision-making and analysis. SAP FI and SAP CO are two separate sets of accounts that deal with external and internal accountancy, respectively. The SAP FI module keeps track of a company's monetary activities in real-time regularly and prepares financial statements (credit ratings, income statements, and so on) for reporting purposes. SAP CO is a critical module of the SAP system since it gives operational data to management as key decision-making. As a result, it takes care of all reporting needs.
SevenMentor Institute for SAP FICO courses in Indore:
At our SAP FICO Training facility in Indore, we have one of the largest groups of certified, specialist teachers with 10+ years of relevant expertise in SAP training. SAP FICO features such as automated updates, navigation, information security, development domains, and other services are taught to students. Our versatile SAP FICO course in Indore gives the students an in-depth understanding of SAP FICO modules, with emphasis on account management, types of account groups, Retained account summarization, tolerance group of G/I accounts etc. This helps in supporting our students in the longer term and helps all our students in landing SAP FICO jobs at top multinational corporations. The Indore center's reading library has hundreds of books to choose from. Our pupils have access to e-books and library resources for the rest of their lives. All of these aesthetic features guarantee that our SAP FICO classes in Indore provide a pleasant learning environment for our students.
While our SAP modules have earned international praise, our teachers use an industry-standards-compliant syllabus. SevenMentor's Certification has been acknowledged by companies all around the world. We give all students in Indore both practical and educational SAP FICO training, guaranteeing that they have the most up-to-date skills. Students may take advantage of our excellent training approach to acquire the top SAP FICO certification after completing the SAP FICO course. Each student is given a series of quizzes and mini-projects to help them master SAP FICO theory and application. To increase your portfolio and job chances, consider enrolling in the best SAP FICO certification classes in Indore. Almost the majority of our students that take the SAP FICO classes not only get the best certification and capabilities, but they also get help finding jobs. Well over 1000 students have been placed in MNCs in India, which is a significant milestone for us. The SAP FICO training course in Indore offered by SevenMentor will give you a valid SAP certification as well as increased job opportunities. The SAP FICO course in Indore involves classroom training that instills skills, information, and expertise in students' minds, preparing them to enter the workforce. SAP FICO training courses include real-time doubt clearing with Online Study Content, as well as a rigorous Test & Certification procedure. By the conclusion of the session, there will be a lot to learn about the globe. We cordially welcome you to attend the most effective SAP FICO training in Indore with us. All of our courses are reasonably priced, so you get the most bang for your buck. In many different places across the country, SevenMentor has become a household brand in IT-related training. We have received the highest evaluations from our students and are ranked first in Indore. If you conduct a fast search for the finest SAP training institute in Indore, SevenMentor will come up as one of the top choices. For our SAP FICO modules, we have the best-designed courses. Check out our website for all of the specifics of our courses, and get in touch with us if there are any changes.
Most Effective SAP FICO Certification:
This certification test was designed by SevenMentor’s SAP FICO Training in Indore to examine SAP capabilities. Such exams are defined based on the understanding of SAP Financial Accounting. SAP FICO course provides certification at three levels: associate, professional, and master. These certification levels are based on the student's real experience and subject competence. SAP suggests combining education courses with hands-on experience to prepare for the SAP FICO Certification Exam since questions will assess your ability to apply what you've learned in training and from your practical experience. Our excellent SAP FICO Course in Indore creates students with upper hand in working with SAP FICO and many other SAP-based products. For the SAP FICO training we have an extensive syllabus that covers basic Accounting, General Ledger and Balancing, FI-assets, Costing modules, Center Accounting etc. Thus our course for SAP FICO training helps students to also clear the global management certification tests. This website contains all of the information on the SAP FICO Certification Exam. The SAP FICO accreditation is primarily aimed at applicants with an experience in SAP ERP and business consulting who wish to pursue a career as an SAP FI or CO consultant. The SAP FICO Certification Exam certifies that the applicant has a basic understanding of SAP Financial Accounting and has demonstrated their ability to use it. This program verifies that the applicant has a comprehensive understanding of the consultant profile and can apply that knowledge to projects under the supervision of experienced consultants.
An online course is a novel and creative method of learning. As a result, SevenMentor has begun delivering online SAP FICO courses in Indore. All of our SAP instructors are experts in the subjects they teach and have prior online teaching experience. Students get to work on real-world applications while acquiring the most up-to-date SAP FICO abilities. You will be able to handle finances, report on your actions, and manage your revenue and spending as a consequence of the online SAP FICO Classes in Indore. Hands-on training is offered for all SAP FICO modules, and our online SAP FICO training in Indore covers everything from the basics to advanced levels of the course topic. Our pupils now have a better knowledge of the latest SAP technology as a result of this. Our instructors devote particular attention to the needs of each student. With the assistance of these teachers, technical concepts may be better grasped. Online SAP FICO Training in Indore will teach you how to use the SAP FICO modules. It will be a tremendous advantage to you in terms of your career and will also give you a significant certification.
- 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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Hi people, the SevenMentor Institute is one of the leading centers for many IT-related courses and this has helped me learn the best SAP FICO skills from them. Thanks, SevenMentor.
- Depika Satpute
The trainers and support staff at the SevenMentor are best. They provided very knowledgeable training and helpful placement after the completion. This institute is thus very best for any course in Indore.
- Vijay Athavle
The SAP FICO course in Indore by SevenMentor is highly rated by everyone and is mostly suggested to anyone in the City. They have the leading trainers in the industry that make the coursework a smooth and knowledgeable affair.
- Wasim Shaikh
Course video & Images
Your staff will benefit from corporate SAP FICO training as they enhance their skills and grow in their careers. SevenMentor's corporate SAP training in Indore gives your staff a thorough grasp of SAP accounting and management, allowing them to effectively handle official business. Our instructors created the course based on the current IT industry and employment use of SAP FICO in the actual world. As a result, they will be able to give the best corporate SAP FICO Course in Indore and BI service sessions. There are a variety of training modules and sessions with top-rated professionals in place. SevenMentor provides practical SAP FICO knowledge in addition to theoretical SAP FICO skills. Our trainers are professionals from worldwide businesses. Through our in-depth courses, our professors will teach you SAP FICO basics and advanced subjects. You will become familiar with all of SAP's modules as a result of this hands-on corporate SAP FICO training in Indore. We also provide customized discounts for long-term and high-volume corporate clients, so join us and provide your employees with the greatest on-the-job training experience possible.
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