Certified SAP FICO Specialist
Duration: 216 Hours | 6 Months
A Certified SAP FICO Specialist is proficient in managing financial accounting and controlling processes within SAP ERP systems. Key responsibilities include configuring financial modules, managing organizational structures, processing accounts payable/receivable, handling asset management, cost center/profit center accounting, and ensuring compliance with financial regulations. This role focuses on streamlining financial operations, generating insightful reports, and integrating SAP FICO with other business modules to improve decision-making and operational efficiency.
Prerequisites
Basic knowledge of accounting principles is recommended.
Familiarity with ERP systems is advantageous but not mandatory.
Strong analytical skills, attention to detail, and problem-solving abilities are essential for success in this program.
Course Objectives
The Certified SAP FICO Specialist Training Program is designed to equip participants with the expertise to manage financial and controlling processes in SAP ERP systems. The primary objective is to enable learners to streamline financial operations, ensure regulatory compliance, and generate actionable insights for better decision-making. Participants will also learn to integrate financial modules with other business processes to enhance organizational efficiency.
What You Will Learn
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Our curriculum provides practical knowledge and hands-on experience to master the essential aspects of SAP FICO. Here's what you will learn throughout the course:
Introduction to SAP FICO
Overview of SAP ERP
Importance of FICO in Business Processes
Key Features and Functionalities
Financial Accounting (FI) Basics
General Ledger (GL) Accounting
Accounts Payable (AP)
Accounts Receivable (AR)
Asset Accounting (AA)
Controlling (CO) Basics
Cost Element Accounting
Cost Center Accounting
Profit Center Accounting
Internal Orders
Integration with Other Modules
Integration with MM (Materials Management)
Integration with SD (Sales and Distribution)
Integration with PP (Production Planning)
Configuration and Customization
Configuration of GL, AP, and AR
Setting Up Organizational Structure
Configuring Tax Settings
Cost Center and Profit Center Configurations
Document Management
Document Posting and Clearing
Recurring Documents
Document Splitting
Reporting and Analysis
Financial Statements (P&L, Balance Sheet)
Cost and Profit Analysis
SAP FICO Standard Reports
Custom Report Creation
Controlling Functions
Overhead Cost Controlling
Product Costing
Profitability Analysis (CO-PA)
Activity-Based Costing
SAP FICO Tools and Techniques
SAP FICO Tables and Transactions
Data Migration Techniques
Period-End Closing Activities
Financial Consolidation
Security and Compliance
Role and Authorization Management
Audit Trails in SAP FICO
Ensuring SOX and IFRS Compliance
Professional Development
SAP FICO Certification (SAP Certified Application Associate)
Building Expertise in Advanced Modules (e.g., S/4HANA Finance)
Best Practices for SAP FICO Implementation
Career Growth in SAP Consulting
