SAP S/4HANA
CO Online Training
- ABOUT FICO
- COURSE SYLLABUS
- FACULTY
Introduction to SAP CO
What is SAP FICO?
SAP FICO (Financial Accounting and Controlling) is a core module in SAP ERP that helps organizations manage their financial processes and reporting. It integrates financial accounting (FI) and controlling (CO) functions, enabling seamless financial management and effective control over various business operations.
Key Functionalities of SAP FICO
Financial Accounting (FI)
SAP FI focuses on external reporting and financial accounting processes, including:
- General Ledger Accounting: Managing and recording all business transactions.
- Accounts Payable: Handling vendor invoices, payments, and managing vendor accounts.
- Accounts Receivable: Managing customer invoices, payments, and customer accounts.
- Asset Accounting: Tracking and managing company assets, including depreciation.
- Bank Accounting: Managing bank transactions, including cash management and bank reconciliation.
- Consolidation: Consolidating financial statements for corporate reporting.
- Special Purpose Ledger: Customizing ledgers for specific reporting requirements.
Controlling (CO)
SAP CO focuses on internal reporting and management accounting processes, including:
- Cost Element Accounting: Tracking and categorizing costs.
- Cost Center Accounting: Managing costs related to different business units.
- Profit Center Accounting: Tracking profitability by business segments.
- Internal Orders: Managing costs for specific projects or tasks.
- Activity-Based Costing: Allocating overhead costs based on activities.
- Product Costing: Calculating costs associated with manufacturing products.
- Profitability Analysis (CO-PA): Analyzing profitability by products, customers, and market segments.
Benefits of SAP FICO
- Comprehensive Financial Management: Integrates all financial processes for accurate reporting.
- Regulatory Compliance: Ensures adherence to international accounting standards.
- Cost Control: Provides tools for effective cost management and optimization.
- Enhanced Reporting: Delivers detailed and real-time financial reports for better decision-making.
- Operational Efficiency: Streamlines financial operations, reducing manual work and errors.
SAP FICO Online Training
Our SAP FICO online training provides a thorough understanding of all aspects of the SAP FICO module. The training is designed for both beginners and experienced professionals. Key features include:
- Interactive Sessions: Live sessions with industry experts.
- Hands-on Exercises: Practical exercises to apply theoretical knowledge.
- Real-time Scenarios: Case studies and scenarios to understand real-world applications.
- Flexible Schedule: Options to choose training times that suit your availability.
- Certification Preparation: Guidance to prepare for SAP FICO certification exams.
Enroll Now
Join our SAP FICO online training to enhance your skills and advance your career in financial management and controlling. Our expert instructors and comprehensive curriculum will ensure you gain the knowledge and hands-on experience needed to succeed in the field.
COURSE SYLLABUS
- CONTROLLING
- Cost Element Accounting
- Primary Cost and secondary Cost ElementS
- Cost Element categories
- Cost Element groups
- Cost Element report Groups Cost Center Hierarchy
- Cost Center Group
- Cost Center Categories
- Cost Center Mater
- Activity Type
- Statistical Key Figures
- Reposting, Distribution and Assessment
- Activity type categories
- Planning and Budgeting of Cost Elements
- Define Planner Profile, Versions for Planner Profile
- Planning VS BudgetTng of Cost centers
- Cost Center Report
- Internal Orders• • • • • • •
- Order Management in Controlling Area
- Define and Assign number ranges to Order Groups
- Typesf orders
- Model Orders
- AuC (Assets) process with Internal Order (Real)
- Investment Management Integration with Internal Orders
- Month end and final Settlements of Internal Orders
- Information System( Reports) for Internal Order
- Profit Center Accounting
- Maintain profit Center and Activation of Company Codes in profit center
- Control Parameters for Actual data
- Plan versions
- Profit Center Standard Hierarchy
- Profit Center Groups
- Transfer pricing Process with profit Center
- Maintain planner profiles
- Distribution& Assessment
- Automatic Account Assignment forRevenue Elements
- Reports in Profit Center Accounting.
- Product Costing and Material Ledger
- Configuration of product costing
- Maintain overhead cost elementS
- Maintain overhead keys
- Define cost component structure
- Maintain Overhead cost Elements
- Define Costing Sheets
- Define Overhead Keys and Groups
- Define Cost Component Structure
- Variance Calculation
- Work in Progress
- Settlement
- Variance Calculation
- Work In Progress
- SettTement
- Product Cost by SaTes
- Result Analysis
- Settlement
- Product Costing by Planning
- Product Costing by Order
- Product Costing by Period
- Product Costing by Sales Order with MM,SD,PP and COPA Integration
- Define and Activate Material Ledger
- Assign Currency types to Material Ledger
- Dynamic Price Change in ML
- Other Aspects of ML
- Material Costing
- COPA – Profitability Analysis
- Define Operating Concern
- Define Characteristics and Value fields
- Define Profitability Segment Characteristics
- Define Characteristic Hierarchy and Derivation
- Maintenance and Assignment of Value fields
- Transfer of Billing Documents to COPA
- Automatic Account Assignment
- Maintain PA Transfer structure for Direct FI Postings
- Information System in COPA
- Profit Center Accounting
- Maintain Profit Center and Activation of Company Codes in profit center
- Control Parameters forActual data
- Plan versions
- Profit Center Standard Hierarchy
- Profit Center Groups
- Transfer pricing Process with profit Center
- Maintain planner profiles
- Distribution and Assessment
- Automatic Account AssTgnment forRevenue Elements
- Reports in Profit Center Accounting.
