Best SAP FICO Training & Certification In Coimbatore
SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). Qtree offers the best SAP FICO training in coimbatore with 100% placement . SAP FICO is the important module of SAP ERP and both FI and CO modules stores the financial transactions data. SAP FICO module is very robust and covers almost all business process encountered in various industries. It is one of the very important and widely implemented modules in SAP
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What Will I Learn?
- Reduction in IT costs through fast and cost-effective integration of SAP and non-SAP processes & applications
- Direct access provided to role-specific information
- Supports comprehensive view of business data
- Single sign-on for all relevant applications & services
- Flexible user interface
Our Course Details
SAP FICO Course Content
Introduction to SAP R/3
- Introduction to ERP, Advantages of SAP over other ERP Packages
- Introduction to SAP R/3 FICO
Financial Accounting Basic Settings:
- Definition of company
- Definition of company code
- Assignment of company to company code
- Definition of business area
- Definition of fiscal year variant
- Assignment of fiscal year variant to company code
- Definition of posting period variant
- Assignment of posting period variant to company code
- Open and close posting period
- Defining document type & number ranges
- Maintenance of field status variants
- Assignment of field status variant to company code
- Definition of tolerance groups for GL accounts
- Definition of tolerance groups for employees
- Assignment of tolerance groups to users
- Taxes on Sales & Purchases (input & output)
- Creation of chart of Accounts
- Defining Accounts Groups
- Defining Retained Earnings Account.
General Ledger Accounting:
- Creation of General Ledger Master (with and without reference)
- Display/Change/Block/Unblock of general ledger master
- Document Entry posting normal postings and posting with reference
- Display and change of documents
- Display of GL balances
- Display GL account line items
- Parked documents
- Hold documents
- Creation of Sample Document and postings with sample documents
- Defining recurring entry document and postings with recurring doc.
- Creation of account assignment model and posting
- Configuration of line layouts for display of GL line items
- Reversal of individual documents, mass reversal , reversal of cleared items and reversal of
- accrual and deferral documents
- Defining Exchange Rate types and Translation ratios
- Define Exchange rates & posting of foreign currency transactions
- Interest calculations on term loans
- Accrual and Deferral documents
Accounts Payable
Accounts receivable:
- Creation of customer account groups
- creation of number ranges for customer master records
- assignment of number ranges for customer account groups
- Creation of tolerance group for customers
- Creation of customer master (display/change/block/unblock of vender master)
- Posting of customer transactions (sales invoice posting, payment posting, debit memo)
- Settings for advance payment from parties (down payment)
- Configuration of settings for dunning
- generating the dunning letters
- defining correspondence and party statement of accounts
- Bills of exchange
- posting of sales returns
Asset Accounting
- Defining chart of depreciation
- creation of 0% tax codes for sales and purchased
- assignment of chart of depreciation to company code
- Defining account determination
- definition of screen lay out rules
- definition of number ranges for asset classes
- Integration with General Ledger & Posting rules
- Defining Depreciation key
- definition of multilevel methods
- definition of period control methods
- creation of main asset master records
- creation of sub asset master records
- Acquisition of fixed assets
- sale of fixed assets
- transfer of assets
- Scrapping of assets,
- Depreciation run
- Line item Settlement of assets under construction of capital work in progress
New General ledger accounting:
- Parallel ledgers
- document splitting
- Segments.
- Reports
- Financial statement version
- General Ledger, Accounts Payable, Accounts Receivable and Assets Reports
CONTROLLING:
- Basic settings for controlling
- Defining Controlling Area
- Defining Number ranges for Controlling Area
- Maintain Planning Versions
Cost element accounting:
- creation of primary cost elements from financial accounting area
- creation of primary cost elements from controlling area
- display of cost element master records
- change cost element master records
- primary cost element categories
- secondary cost element categories
- default account assignments
Cost Center Accounting
- Defining Cost Center Standard Hierarchy
- Creation of Cost Centers and cost center groups
- display cost center master records
- change cost center master records
- creation of cost center groups
- posting to cost centers
- reposting of co line items
- Repost of Costs
- planning for cost centers
- Overhead Calculation
- creation of secondary cost element master records
- Creation and Execution of Distribution Cycle
- creation and execution of assessment cycles
- cost center reports
Internal Orders
- Defining order types
- Creation of internal order master records
- display internal order master records
- change internal order master records
- postings to internal orders
- planning for internal orders
- reposting co line items for internal orders
- repost of costs for internal orders
- Report of Variance analysis for internal orders
- creation of real internal orders
- posting of business transaction to real orders
- definition of allocation structures
- definition of settlement profiles
- definition of planning profiles
- settlement of real internal orders
- budgeting and availability control
- maintain number ranges for budgeting
- define tolerances for availability control
- specification of exempt cost elements fr4om availability control
- maintenance of budget manager
- Profit Center Accounting
- Basic Settings for Profit Center Accounting
- Creation of Dummy Profit Centers
- maintenance of control parameters for actual postings
- Maintaining planning versions for profit centers
- maintaining the number ranges for profit center documents
- Creation of profit center master records
- display of profit center master records
- changing the profit center master records
- Creation of revenue cost elements
- Automatic Assignment of Revenue elements for Profit Centers
- assignment of profit centers in cost center master records
- creation of account groups in profit center accounting for planning
- planning for profit and loss account items
- planning for balance sheet items
- posting of transactions into profit centers
- generating the variance reports for profit and loss account items
- Generating the variance reports for balance sheet items.
- Profitability analysis
- Maintaining the operating concern
- Define profitability segment characteristics
- Assignment of controlling area to operating concern
- Activating the profitability analysis
- Define number ranges for actual postings
- Mapping of SD conditions types to COPA value fields
- Creation of reports
- Viewing the reports
- Product costing
- Product cost planning
- creation of bill materials
- creation of activity type master records
- planning for activity hours
- activity type price calculation
- creation of work center master records
- creation of routings
- defining cost sheet( over head structures)
- assignment of cost sheet to costing variant
- creation of cost estimate with quantity structure
Marking
Releasing
Creation of cost estimate without quantity structure
Integration
Integration of financial accounting with materials management:
- Definition of organizational units in materials management i.e. plant, storage location and purchase organization
- Assignment of organizational units to each other
- Definition of tolerance groups for purchase orders
- Definition of tolerance groups for goods receipt
- Definition of tolerance groups for invoice verification
- Definition of vendor specific tolerances
- Creation, display and change of material master records
- Creation of plant parameters
- Maintenance of posting periods for materials management
- Maintenance of parameters for invoice verification
- Maintenance of plant parameters for inventory management and physical inventory
- Definition of attributes for material types
- Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)
- Creation of purchase order, posting of goods receipt, invoice verification and Goods issue for production
- Definition of sale s organization
- definition of distribution channels
- definition of divisions
- assignment among various organizational units in SD
- definition of partner functions
- definitions of shipping point and loading points
- definition of pricing procedures
- determining the shipping points
- determining the pricing procedures
- maintenance of SD condition types
- maintenance of condition records
- assignment of GL accounts for sales transactions( integration of FI with SD)
- creation of sales order
- initialization of stock
- posting the delivery of goods
- creating the sales invoice
Integration of financial accounting with sales and distribution:
SAP FI stands for Financial Accounting. SAP FI is majorly used to evaluate and monitor the financial condition of a business. By using SAP FICO, you can inspect the inner operations by creating and scheduling the reports and can make out the solutions for accounting necessities. SAP FI signifies the features of financials.
- Systems Application & Products of Data Processing, is undoubtedly the market leader when compared to other accounting systems worldwide.
- You could enrol yourself in a reputed institute or you could educate yourself within the comforts of your own house through online software related course.
- A synopsis of these reviews revealed few benefits of SAP FI/Co Training which can be taken into consideration
- SAP certification is full of controversy because of the contrast between the importances of certification versus hands-on SAP skills.
- It is the application of technology that helps any business ascertains where it stands in the current competitive market.
- It comes with tool kits offering solutions that help corporations to better manage their results.
-
SankarIt was on friend’s suggestion that I opted for SAP training from Qtree,. The training proved to be very beneficial for my career as I got to work on dummy industrial projects.
DeepaI have completed my SAP MM training from Qtree,. The trainers are experienced and provide training as per industry standards.
Rajan PI have done my Machine Learning training from Qtree. It is one of the best institutes in. The best thing about the institute is their experienced staff and upgraded labs.
Priya KumarMy friend referred me to go for SAP training from Qtree. Now I can say that it was the correct decision for my career growth. During the training only, I complete 3 projects, that helped in getting a good job
Benefits of SAP FICO Training
Qtree Technologies offers best SAP training and placement in Coimbatore well classified SAP modules.
- Qtree Technologies feels proud to announce that more than 1000 candidates are placed from our Institute in last 15 years.
- Servers are provided to the students for practice their topics and concepts of SAP training in Coimbatore.
- Industrial projects are provided to the students if they are doing their SAP industrial training.
- Our trainers prepare candidates according to interview cracking level with all required practices.
- Qtree Technologies offers week day classes from 9:00 AM to 8:00 PM in SAP training centre in Coimbatore.
- All candidates go for test and presentation process for 3 times regularly during SAP training in Coimbatore. This is a performance check process for every student.
- Personality development classes, interview session, English speaking session is also available in our Institute.
FAQ
End user is the one who performs transactions in SAP after it goes live. Such as posting an invoice, goods receipt, creating purchase orders, sales orders etc. Power Users are users with advanced knowledge in certain applications and with special permissions or roles.
SAP financial accounting module comes with a package that helps organizations in handling financial needs and accounting activities. It allows one to review the financial status of an organization in real time market. Popular components that comprise the FI module are: Accounts Receivable
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