Gradually, the sap applications have been assembled and today many corporations to run their own applications, built around their latest R/3 system, provide the capability to manage financial, asset, and cost . For this sap offers many modules. In those FICO is one.
The SAP FICO module includes 2 major categories of functionality needed to run the financial accounts of a company – Financials (FI) and Controlling (CO). FI includes accounts payable, accounts receivable and general ledger, also procedures to post accounts, close books, and prepare financial statements and balance sheet. The CO Module has multiple configuration steps that must be followed for complete implementation of this module. Each sub-component of the CO Module has its level of configuration requirements.
Sap fico online Training is offered by many institutes in all over India. This is also offered every month in Houston, Dallas, Santa Clara and . It is the best for the beginners who are willing to start their career into the world of SAP. This is the best way, which is gives more knowledge with less time and work effort. SAP-FICO through online training is given by experts in all institutes. They also provide a standard materials and soft ware DVD’s for your system practice. They also give you the certification which tells that you are the trained person in sap fico module. Financial Accounting and Controlling are taught as one course at Learn SAP.
The complete Introduction to SAP FI/CO package gives you the expert knowledge and hands-on experience you need to begin building applications on the powerful ERP Package. This course provides a comprehensive track for getting started with the application and its enhanced concepts in building user friendly applications. It covers the basics of ERP functional module. This course is the starting point for a Functional Consultant who wants to build world class solutions in SAP FI/CO.
SAP Financial Accounting (FI) is an important core module where in live-time and the financial processing transactions. In financial Accounting (FI) we have to learn
1.Organizational Structure: Define Company, company code and chart of accounts
2. General Ledger: Create General Ledger and display
3. Set up Business Partners: Customer and Vendor: create customer and vender groups
4. Special Program: Sample Account, Dunning, Down
5.Reporting: Simple Financial Statement, Balance Sheet, Profit and Loss Statement
SAP Controlling (CO) module represents the company’s flow of cost and revenue. It is a management instrument for organizational decisions. It too is automatically updated as events occur. There are several configuration steps that must be considered when implementing the CO (Controlling) Module. They are Setup Controlling Area, Activate Components / Control Indicators, Assign Company Code(s) to Controlling Area ,Set Controlling Area, Maintain Controlling Document groups and their number ranges, Create Standard Hierarchy, Create Cost Centers, Primary Cost Elements, Post Transactions,Display Co documents (individual),Display Co documents (multiple),Overhead Cost Order, Create Primary Cost Element Group, Create Secondary Cost Elements, Maintain Settlement Structures, Maintain Number Ranges for Settlement Documents, Creating an Order, Post Actual cost to Internal .
Through Sap fico online training you have to learn a great subject and also gain a good knowledge for marketing. It is very helps you in getting a job in well companies and to earn a good salary. The sap fico online training certificate gives a good name that you are the person having a good experience in that area and eligible for a job. It will take fewer casts to learn and give more value to u in the society of business.