SAP FICO Training | SAP FI/CO Training

SAP FICO module handles the statutory and managerial finance of the organization.

[button link=”https://www1.gotomeeting.com/register/263672200″%5DRegister%5B/button%5D [button link=”http://www.magnatraining.com/buy-sap-training/”%5DBuy Now[/button] Next SAP FICO Training on Wednesday – 27th July 2011 @ 9:00 PM EST
SAP FICO Training Demo by Venkat


Along with the training we provide the following additional services.

  1. One Month of FICO functional support (After training, During the practice).
  2. Mock Interviews.
  3. Interview Tips.
  4. Resume Marketing
  5. Sample SAP FI/CO Resumes.

For SAP Training, Remote SAP Access or online SAP Access learn more by clicking on the links above.

Basics of SAP & FI/CO

(Week 1 )

  • Basic SAP GUI Navigation
  • Introduction to Finance
  • Introduction to Controlling
  • Organization Structure
  • Master Data
  • Transactional Data

Customization

( Week 1 )

Finance ( FI Module )

  • G/L Configuration
    • Copy Company Code from SAP templates
    • Create Company Code
    • Company Code configuration
    • Standard Line item text configuration
    • Complete GL configuration
    • Validation & Substitution
    • Parallel currencies configuration
    • Taxes on Sales Purchase configuration
    • GL Automatic clearing configuration

Customization

( Week 2 )

  • G/L Configuration .. ( Continued )
    • Foreign currency valuation configuration
    • Financial Statement version configuration (Creating Balance sheet and Profit and Loss account)
    • FI – SD account determination configuration
  • Bank Configuration
    • Define House Banks
    • Electronic and Manual Bank statement configuration
    • Check configuration
    • Lockbox Configuration
    • Configuring Cash Journal
  • Accounts Receivables ( A/R ) and Accounts Payable ( A/P ) Configuration
    • Define Account Groups for Customers and Vendors
    • Define Accounting clerk
    • Delete Customer and Vendor Master data

Customization

(Week 3 )

  • Accounts Receivables ( A/R ) and Accounts Payable ( A/P ) Configuration .. ( Continued )
    • Configuring Payment terms
    • Configuring various automatic account determination
    • Defining Tolerances
    • Configuring Automatic Payment Program
    • Special GL configuration for down payments from customer and vendors
    • Configuring regrouping of Customers and vendors according to remaining terms of receivables and payables
    • Dunning
    • Configuring calculation of Interest on arrears
  • Asset Configuration
    • Copying Chart of Depreciation
    • Define Asset Classes
    • Configuring account determination for Assets (Integration of Asset with GL)
    • Deactivate Asset class for Chart of depreciation
    • Configuring posting of depreciation
    • Configuring the depreciation key
    • Configuring Period Controls

Customization

( Week 4 )

  • Asset Configuration .. ( Continued )
    • Asset Under Construction configurations
    • Configuring asset classes for group assets
    • Define/Assign Settlement profile
  • Taxes
    • SAP Tax Vendor Integration ( Vertex )

Controlling ( CO Module )

  • Cost Center Configuration
    • Configuring the Controlling area
    • Maintaining versions in Controlling area
    • Configuring multiple valuation approaches/ Transfer prices
    • Cost element accounting set up
    • Reconciliation ledger configuration
    • Setting Cost center Hierarchy, cost center master data, activity types
    • Cost center planning which includes creating planner profile, creating planning layout

Customization

( Week 5 )

  • Cost Center Configuration.. ( Continued )
    • Configuring various cycles such as Distribution. Assessment, Indirect Activity allocation
    • Configuring Splitting structure
    • Configuring Automatic account assignment (OKB9)
  • Profit Center Configuration
    • Maintain the profit center settings for Controlling area
    • Creation of dummy profit center
    • Creation of Standard hierarchy and creation of profit center master
    • Configuring the transfer price settings
    • Profit center planning configuration
    • Configuring Distribution and Assessment cycle
    • Configuring the 3KEH table (Balance sheet and profit and loss accounts)


Customization

( Week 6 )

Profitability Analysis Configuration

  • Profitability Analysis Configuration
    • Creating Characteristics and value fields
    • Configuring the Operating concern
    • Copying an Operating concern from an existing operating concern
    • Maintain Characteristic values, defining characteristics hierarchy
    • Defining Characteristic derivation
    • Defining keys for accessing material cost estimate and assigning costing key to characteristics
    • Planning configuration
    • Maintaining value field groups
    • Configuration for value flow from SD to PA
    • Configuration for value flow form FI to PA
    • Configuration for settlement of Product costing variance to PA
    • Creation of Profitability report
    • Transporting customizing settings
  • Use of Report Painter to design reports in SAP R/3 System.

Register for SAP FI/CO Training here.

register for sap fi/co training
SAP FICO Training DEMO by Venkat

69 thoughts on “SAP FICO Training | SAP FI/CO Training

  1. John says:

    I would like to get SAP certification focusing on Logistics. I am planning to do SAP internationally, in this area of study – as an independant consultant, and trainer. Can your training to lead me to this? I have zero SAP exposure – but solid IT background and knowledge, NT, TCP/IP, some SQL.

    Please e-mail me back.

    Like

    • magnatrain says:

      Hi John
      Couple of questions.
      1. Where are you located ? Because applying for SAP Certification has certain restrictions in some countries. If you are in Canada, then no issues.
      2. I do not understand what you mean by “Planning to do SAP Internationally” . Can you please explain ?

      Magna Training offers training in most common areas of SAP – Like SAP SD , MM, PP, CRM, ABAP etc. These are some of the common modules in which students get trained. Modules like SD, MM, CRM are more suitable for folks from functional background – For example, sales executives can choose to get trained in SAP SD , Customer Service Folks or people from Call center experience can choose to get trained in SAP CRM.
      Your background seems to be more on the technical side – So, we strongly suggest that you go for one of the following modules in that order.
      1. SAP CRM Technical Training
      2. SAP BW Training
      3. SAP ABAP Training
      4. SAP XI Training

      That being said, however, you can always go for SAP Functional Training areas as well – Like SAP CRM Training or SAP SD Training etc. We give you all the necessary functional background as well. So, the final choice I guess should be made on your personal interest and market trends.

      You can call us at +1 503-336-1755 if you have further questions or email our sales team at sales@magnatraining.com. If you have made your decision to go with SAP Training, I can send you some sample videos on how SAP Training works so that you can experience it first hand. If you are interested, we can let you sit on a couple of our training classes for FREE to experience it First hand in order for you to make a better judgement call.

      Looking forward to your communication.

      Like

    • magnatrain says:

      Hi Shawaiz
      We do online training only. We do NOT have an institute in Delhi. Please let me know if you are interested in online training and we an furnish more details on the same.

      Like

  2. cs.kumaraswamy says:

    SIr

    I am having domain experience of 20 years in finance and working as end user of SAP FICO. Is there any career growth if I am joining this course.

    Please reply

    Like

    • siva says:

      Ofcourse there will be. The current market for SAP FICO in the US is @ 85$/hr + . Full time job opps in Bay area or tri-state area start at 125K +. If you think you are earning as much using your current job , then don’t shift. If not, you know what to do.

      Like

      • anusha says:

        hai sir i am anusha .my sister is completd mba in 2011 then after she will be join on sap (finance).i am in hyd.my sister joining sap
        then i am searching inistitue in sap

        Like

      • Surendar says:

        Anusha this is surendar i have completed Mba recently(2011). I am also thinking to join in SAP. If u join just inform me that how it is? Plz +91 9652000313

        Like

  3. Mary says:

    I am confused as to what course to take?do you think sap training in Fico is a good as I have accounting background? Please advice.
    Thanks

    Like

    • siva says:

      Mary
      With an Accounting or Costing Background, SAP FICO is the best module to choose. Even from a job perspective, FICO is very promising if you work hard enough and have enough training and practice .

      Like

  4. Andrea says:

    Hi,

    I’d like to get the SAP FICO certificate, but I’m new in this field – I only work as an AP/AR Clerk using SAP system. Can this course be for me? I’m not sure what are the requirements for this course if I live in New Jersey.

    Please reply

    Thanks

    Like

    • siva says:

      The fee is $650 or Rs. 29,000 which includes access to the SAP System and 45 hrs of training with a live trainer. The course will be delivered online either over webex or via teamviewer.

      Like

    • Kumar says:

      The instructor Venkat for FICO is good .I am currently getting trained under FICO module and I bet he is the good GURU (teacher).
      There may be many people with different technical backgrounds ,but this duDe venkat is cool with his teaching approach!!
      Cheers!!!

      Like

  5. Alvin says:

    Hi I’m an IT graduate but don’t have experience on IT Field and now I would like to learn SAP… any recommendation of what module is good for me… thanks

    Like

  6. Sonali says:

    Hi,

    I would be interested to take up the online course from your institute. However before I sign up can you help me to decide whether or not this would be the right carrer choice for me. Iam from B.com background and have 5 years of BPO(backend processing) experience. Iam sure BPO experience is going to add no knowlege for whichever module(Sap). I was planning for SAP FICO. Though from commerce background I dont have much knowledge about accounts.(Almost forgotten only familiar with terms). Would I be able to understand and cop up. Please give a genuine advise and your opinion.

    Like

  7. Priya Ram says:

    Hello Sir,

    I am a Mainframe programmer doing programs in Cobol, DB2 & JCL – Would you recommed me to shift to SAP? Basically I have a masters degree in Accounting (M.Com) – Please let me know the following

    1) Can I study SAP FICO?

    2) Modules & Total Hours

    3) Course fee

    4) When is the next batch?

    Like

  8. AM Guibone says:

    I am interested in SAP FICO training, I have my CPA, and MBA. I’ve been a Controller/Acctg Mgr for more than 18 years. Besides my accounting exposure, I have also installed, set-up charts of accounts, implemented small accounting software like QuickBook Pro/Enterprise, MAS 90/200, MS Dynamics Great Plains.

    Would this be a good advise for me to take? Can you send me your course curriculum/coverage by week, and fees?

    Please advise…

    Thanks.

    AM Guibone

    Like

  9. neenu says:

    Hi,
    I would like to do a training on SAP FICO .
    Are you offereing SAP FICO training ? DO you provide class room training ? If so could you tell me which are the locations, fees and time.

    Like

  10. Mahendran says:

    Hi

    I would like to join FICO module.

    Please let me know the fees structure and the next availability batch.

    Thanks

    Mahi

    Like

  11. Mohammed.Aijazuddin says:

    hi guys i m a MBA Finance Graduate, presently working in Saudi arabia as a BRS accountant, but i m interested to do SAP anyone please give me the detail of training cost,duration and certification.

    Like

  12. Amer says:

    Hallo Krishna,
    I am interested in sap FICO certification course.
    I have attended one online course from India but could not complete.
    I need recorded class sessions videos which I can learn at home and practice on
    Sap GUI.
    I hope u would let me know thw price, u can send me uploaded class recording and I can download from ur sent email.
    Regards
    Amer

    Like

  13. N C says:

    Are you folks still providing the SAP FICO Training Online ? I am Economics and Finance majors. If so please send me the details of training and placement to my email id .

    Like

  14. Radhakrishna says:

    Hi,

    You can call me to know about in detailed for training, free councelling and guidence.

    I can be reachable at +91 9014194721.

    Wish you Good Luck.

    Regards,
    Radhakrishna

    Like

    • praveen says:

      give me ur new contact no , i have seen u r contact email. 4 sap fico training , if u r giveing any training on fico let me know pls. thanks.

      Like

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    From the past three years, the oil and natural gas companies kicked off exploring shale gas in Quebec in a different method called Utica
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    Like

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    Like

  17. Guruface says:

    SAP FICO Online training – Live Instructor Led Online Training from Certified Professional Trainers

    This is a Job Oriented Course from a well experienced Industry Professional covering the following topics

    1 Organization Structure 3 Hours
    2 Financial Accounting /Global Settings 6 Hours
    3 General Ledger 6 Hours
    4 Tax Configuration 6 Hours
    5 Accounts Payable 8 Hours
    6 Accounts Receivable 8 Hours
    7 Bank Accounting 2 Hours
    8 Asset Accounting 6 Hours
    9 General Controlling 2 Hours
    10 Cost Element Accounting 3 Hours
    11 Cost Center Accounting 3 Hours
    I2 Internal Order Accounting 3 Hours
    13 Product Costing 6 Hours
    14 CO-PA (Controlling Profitability Analysis) 2 Hours
    15 Profit Center Accounting 2 Hours
    16 Integration 8 Hours

    Click here for more details on course and trainer.

    http://sapfico.guruface.com

    Like

  18. Guruface says:

    SAP FICO Training 76 Hrs – $650 Only – $650 (Dallas)

    This is a Job Oriented Course from a well experienced Industry Professional covering the following topics

    1 Organization Structure 3 Hours
    2 Financial Accounting /Global Settings 6 Hours
    3 General Ledger 6 Hours
    4 Tax Configuration 6 Hours
    5 Accounts Payable 8 Hours
    6 Accounts Receivable 8 Hours
    7 Bank Accounting 2 Hours
    8 Asset Accounting 6 Hours
    9 General Controlling 2 Hours
    10 Cost Element Accounting 3 Hours
    11 Cost Center Accounting 3 Hours
    I2 Internal Order Accounting 3 Hours
    13 Product Costing 6 Hours
    14 CO-PA (Controlling Profitability Analysis) 2 Hours
    15 Profit Center Accounting 2 Hours
    16 Integration 8 Hours

    Click here for more details on course and trainer.

    http://sapfico.guruface.com

    Like

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