SAP FICO Training

SAP FICO Training | SAP FICO Training Institute

SkyWebcom is one of the best known institutes for SAP FICO Training. SkyWebcom provides SAP FICO Training with high tech infrastructure and lab facilities. SkyWebcom prepares thousands of candidates for training at an affordable fee structure which is sufficient for the SAP FICO Training courses and attends the classes. SkyWebcom provides 100% placement assistance in top companies. The course curriculum has been designed by IT experts such that it provides in-depth knowledge of all the concepts and modules of SAP FICO Training ranging from basic to advanced level. Training at SkyWebcom is supervised by experts having more than 17 years of experience in SAP FICO Training. We provide both theoretical and hands-on practical which helps trainees to experience difficult and complex situations. The trainees prepared to face the reality of the IT sector. We provide weekend classes also for those who are working and want to update themselves.

WHAT IS SAP FICO?

SAP FI CO is the best configuration for internal well external accounting processes. It is an important core module of ERP processes, wherein real time financial transactions are integrated with various parallel SAP modules for best results.

Well suit for professionals desirous of excelling in the fields of accounting and finance. SAP Financial Accounting offer highly sophisticated means of financial transaction reporting and better handling account. The external reports are generated and SAP FI CO is increasingly utilized by banks, administrators, stock holders and managers, in line with their individual requirement. SAP FI is responsible for integrating many modules in a single system for the entire organization.

SAP Controlling is essential for management decision making processes and is often used for internal reporting purposes. The controlling area is typically a smart create organization unit which is useful for representing the controlling and accounting activities of profit centers, product costing, profitability. CO, the controlling module, timely complements the value created by the FI reports and utilizes many features of the entirely used SAP FI components. The SAP Controlling Module (CO) is more distant that helps the management by organizing profit centers, Cost Centers. Once the transactions are posted in FI, they are transferred to CO for further processing, Cost Accounting, analytical reporting.

WHY SAP FICO?

  • AP Financial Accounting, as the term indicates upgrades finance management in enterprises.
  • Finance is the most evaluative part of every business and this aims at the perfect management of finance.
  •  It becomes demanding and complex for managing the entire financial accounting part by man-power.
  • Therefore, SAP FI module has appeared as a popular module successfully implemented in organizations.
  • SAP financial accounting module comes with a combination that helps organizations in handling financial needs and accounting activities.
  • Accounts Payable
  • Asset Accounting
  • Account Accounts Receivable
  • Consolidation
  • General Ledgers

SAP FI implementation requires SAP FI configuration. The business manager can configure SAP FI user after setting up few major configurations. These configurations are usually done by the business manager orient with client, company, business area configurations and more. Thereafter, right from master data to financial statements can be drift to the SAP FI system for driving the best out of organized financial management system. The essential for SAP FI configuration are chart of accounts, fiscal year variants and currencies. Once a configuration is completed, the document posting will automatically be posted. Enterprises will be up to view its real-time financial status. This enables enterprises to keep a track of every financial transaction and assist in finance reporting at the end of fiscal year.

SkyWebcom offers the in-depth training of SAPN FICO in Noida and this institute has been the leading IT institute from so long and has good reputation among any other IT institutes. Taking training from this institute can be a life changer. SkyWebcom also ensures placement to every single trainee and has maintained the 100% record of placement from past many years.

SAP FICO TRAINING COURSE CONTENT:

INTRODUCTION:

  • ERP Overview
  • Enterprise Structure
  • ERP R/3 Structure
  • ASAP Methodology
  • Role of a Functional Consultant
  • Core Functional Modules Overview
  • Introduction to Finance Module
  • Integration in SAP


ORGANIZATION STRUCTURE IN FINANCE:

  • Define Company
  • Define Company Code
  • Assign Company Code to Company
  • Define Business Areas
  • Define Fiscal Year Variants
  • Assign Fiscal Year Variant to Company Code
  • Assign Fiscal Year Variant to Company Code
  • Define Posting Period Variants

GENERAL LEDGER CONFIGURATION & OPERATION:

  • Define Chart of Accounts
  • Define Account Groups
  • Assign Chart of Accounts to Company Code
  • Define Retained Earnings Account
  • Creation and Display of General Ledger Accounts
  • Deletion of General Ledger Accounts
  • Hierarchy Display of General Ledger Accounts
  • Posting in General Ledger Accounts
  • Display General Ledger Accounts Balance
  • Maintain General Ledger Layouts

ACCOUNT PAYABLE CONFIGURATION & OPERATION:

  • Create Vendor Groups
  • Maintain Number Ranges for Vendor Groups
  • Assign Number Ranges to Vendor Groups
  • Define Document Types for Vendor Posting
  • Create G/L Accounts (Trade Payable, Purchase & Purchase Return)
  • Create Vendor Master
  • Display Vendor Master
  • Edit Vendor Master
  • Purchase Invoice Posting
  • Display Vendor Balances

ACCOUNT RECEIVABLE CONFIGURATION & OPERATION:

  • Create Customer Groups
  • Maintain Number Ranges for Customer Groups
  • Assign Number Ranges to Customer Groups
  • Document Types for Customer Posting
  • Create G/L Accounts(Trade Receivable, Sales &Sales Return)
  • Create Customer Master
  • Edit Customer Master
  • Display Customer Master
  • Sales Invoice Posting
  • Incoming Payment – Standard & Partial
  • Customer Document Parking

FOREIGN EXCHANGE:

  • Create Foreign Exchange Rate
  • Account Determination for Exchange Rate Gain / Loss
  • Document Posting in Foreign Currency

BANKING CONFIGURATION & OPERATION:

  • Fundamental of banking operations
  • House bank configuration
  • Creation of Bank Key

CHECK MANAGEMENT:

  • Creating Check Lot
  • Check Register, Void Check, Reverse Payment Document
  • Manual and Automatic Check Creation &Printing

CASH JOURNAL :

  • Cash Journal Configurations
  • Define Cash Journal
  • Document Posting in Cash Journal

NEW GL ACCOUNTING :

  • New GL Configuration
  • Document Splitting Configuration
  • Posting Document with Document splitting

ASSET ACCOUNTING:

  • Copy Reference Chart of Depreciation
  • Assign Chart of Depreciation to Company code
  • Specify Account Determination
  • Create Screen Layout Rules
  • Define Number Range Intervals
  • Define Asset Classes
  • Define Screen Layout for Asset Master Data
  • Define Screen Layout for Depreciation Areas
  • Determine Depreciation Areas in Asset Class
  • Creation of G/L Accounts

TAXATION SYSTEM & CONFIGURATION IN FINANCE :

  • Extended Withholding Tax – TDS (Configuration & Posting) FIWHTAX
  • Input Tax Configuration – Purchase Tax (Configuration & Posting)
  • Output Tax Configuration – Sales Tax (Configuration & Posting)

DRILLDOWN REPORTING :

  • Define Financial Statement Version
  • Drawing Profit &Loss accounts
  • Drawing Balance Sheet

CONTROLLING :

  • Controlling Fundamental
  • Maintain Controlling Area
  • Maintain Number Ranges for Controlling Documents
  • Maintain Versions
  • Creation of Cost Element

COST CENTER ACCOUNTING :

  • Creation of Cost Centers
  • Creation of Cost Centre Groups
  • Cost Center Postings
  • Cost Centre Reports

PROFIT CENTER ACCOUNTING :

  • Creation of Dummy Profit Centers
  • Creation of Actual Profit Center
  • Creation of Profit Centre Groups
  • Profit Center Postings
  • Profit Centre Reports

INTEGRATION OF FINANCE WITH OTHER MODULES :

  • Integration with Material Management
  • Procurement cycle
  • Integration with Sales & Distribution
  • Sales Process
  • Integration with Controlling

Meet the Experts:

  • The course consultants of SkyWebcom are highly qualified that holds the experience of more than 10 years and are the most valued person of their companies.
  • Trainers of the institute always work on real time projects and remains updated with all the latest IT technologies. They make sure that trainees are under the right guidance and are trained well.
  • The best thing about them is that they always stay connected with other IT industries which are a big advantage for students as they get offered for various openings in IT industries.

Placements: A major talking point

  • SkyWebcom guarantees the placement of every single trainee from each batch and has maintained the 100% record of every given placement from past many years.
  • SkyWebcom has tie-ups with top MNCs like Accenture, Delloite, Infosys, DXC, CTS etc.  Many certified candidates from SkyWebcom are currently working in one of these top MNCs across the globe.
  • After 70% completion of the course candidates are also trained for face to face interviews just to improve their skills and number of interview referrals is provided to the candidates till the final placement takes place.
  • Along with the training regular test and interview sessions takes place and candidates is also being guide for resume developments.

Reasons to join SkyWebcom:

  • SkyWebcom announces with please that around 1000s of candidates are placed in top most popular MNCs in last 15 years.
  • SkyWebcom offers the training with well defined modules.
  • Infrastructure of SkyWebcom is developed where each classroom is equipped with AC and has well-efficient labs where students are provided with computers for practice.
  • Classes at SkyWebcom are highly flexible that takes place on both weekdays & weekends between 9AM to 6PM.
  • Experts of SkyWebcom prepare candidates for interviews with the accordance of IT industries.
  • Along with comprehensive training SkyWebcom also focuses on interview sessions, tests presentations at regular and weekly intervals.