SAP Financial Accounting and Controlling (FICO) for Consultants Training Course

Overview

SAP FICO (Financial Accounting and Controlling) is SAP’s central module for storing financial transactions data.

This instructor-led, live training (online or onsite) is aimed at SAP power users who wish to learn the consulting skills to implement and configure SAP FICO within an organization.

By the end of this training, participants will be able to:

  • Install SAP FICO and related sub-modules.
  • Gather business requirements and define an organization’s structure.
  • Configure SAP FI and CO modules to manage the financial transactions within an organization.
  • Improve an organization’s processes and uncover opportunities for optimizing workflow and reducing costs.

Format of the Course

  • Interactive lecture and discussion.
  • Lots of exercises and practice.
  • Hands-on implementation in a live-lab environment.

Course Customization Options

  • This course is NOT aimed at the SAP FI Certification exam. It is practical in nature and is designed to get users up and running quickly with SAP to begin applying to organizational problems.
  • To request a customized training for this course, please contact us to arrange.

Requirements

  • An understanding of enterprise software architecture (application servers, database, etc.) 
  • An understanding of accounting concepts.
  • An understanding of business processes related to finance.

Audience

  • Consultants
  • Sysadmins with a background in accounting and/or finance

Course Outline

Introduction

Installing SAP FICO

Overview of SAP FICO and Sub-Modules

Implementation Blueprint

  • Identifying the business requirements
  • Defining the organization structure

Implementing SAP FI

  • SAP General Ledger Accounting
  • Defining SAP Accounts Payables
  • Defining SAP Accounts Receivables
  • Defining SAP Asset Accounting
  • Defining Bank Accounting (optional)
  • Other Sub-Components

Implementing SAP CO

  • Cost Center and Profit Center Accounting
  • Planning
  • Reporting
  • Monitoring Business Operations
  • Cost Element Accounting
  • Intercompany Processing

Validating and Customizing

  • Reports requirements
  • Process changes

Improving Business Systems

  • The testing process
  • Discovering errors

Application Support

  • User training
  • Documentation

Administration

  • Integrating SAP FICO with Other Modules (MM, SD, etc.)
  • Migrating SAP Data

Troubleshooting

Summary and Conclusion

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