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SAP FICO Certification Training in Houston, TX

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SAP FICO Certification Training in Houston, TX


SAP FICO, SAP FI (Financials) monitors company financials while CO (Controlling) delivers cost accounting. SAP FI is used to store the financial data of an organization and also helps to analyse the financial conditions of a company in the market whereas SAP CO supports coordination, monitoring, and optimization of all the process in the organization. Our training program focuses on core accounting and reporting concepts like financial controlling – credit control, maintain fiscal year variant and tax code, assign the company code to a chart of accounts etc.


Key Features:


50 Hours of Instructor Led Training

6 Days of Training

Remote access to SAP IDES systems

Case studies and projects



Course Description

SAP is one of the biggest players in the enterprise software application industry which is aimed at superior enterprise resource planning. SAP is the abbreviation for Systems, Applications, and Products in Data Processing. SAP Finance and Controlling (FICO) is one of the most broadly used SAP modules. SAP FICO module includes SAP FICO configuration, SAP CO configuration, SAP FI user and SAP CO user. Taking up a SAP FICO certification is the first step towards beginning a career as a SAP FICO consultant. The different parts of the SAP FI and SAP CO modules are essential to building the skill sets of a SAP FICO consultant or professional.

Did you Know

1. SAP FICO enables enterprises to keep track of every financial transaction and aids in finance reporting at the end of fiscal year.2. It has been established by research that SAP customers help 800 million consumers live safer and healthier lives.3. SAP’s customers manufacture more than 77,000 automobiles per day as found by leading statistical organizations.4. Another impressive statistic is that SAP’s customers produce 65% of the world’s televisions..5. Also well known as an empirical fact is that SAP customers produce more than 52% of the world’s movies.

Why learn and get certified in SAP FICO?

1. SAP FICO offers highly advanced means of financial transaction reporting and also better handling of accounts.2. Banks, tax authorities, managers, administrators, and stockholders utilize external reports generated with the help of SAP FICO according to specific requirements. 3. SAP FI is responsible for consolidating diverse modules and creating a single system for the entire organization.4. To Sum it up, SAP FI obtains data for external reporting procedures while its SAP Controlling Module (CO) lays stress on data for internal users.

Pre-requisites

Candidates do not require any specific requirements to take up this course except a basic background in information technology.

Course Objective

After the completion of SAP FICO course, you will be able to:1. Learn the basic concepts and fundamentals of Finance and Controlling modules2. Learn about General Ledger, Accounts Payable, Bank Accounting and Funds Management and its application in finance analysis3. Learn about Business Process and how FICO Module work in R/34. Apply Implementation Training and Integration with other Modules5. Apply Real-time Training with End to End Implementation Process

Who should attend this Training?

This certification is highly suitable for a broad range of professionals either aspiring to, or already are in the IT and Finance domain, such as:1. Analytics professionals, professionals desirous of excelling in the fields of accounting and finance2. IT developers and testers3. Data analysts4. BI and reporting professionals5. Project managers6. Data scientists7. Professionals aspiring for a career in growing and demanding fields of real-time big data analytics

Prepare for Certification!

Our training and certification program gives you a solid understanding of the key topics covered by Foundation and Advanced Level Certification exams. This is aimed at students who have recently completed, and experienced professionals to enhance their practical knowledge in SAP FICO modules. In addition to boosting your income potential, getting certified, demonstrates your knowledge and the skills, understanding of the fundamentals of SAP FICO along with processes, tools, techniques, and management methodology. The certification validates your ability to produce reliable, high-quality results with increased efficiency and consistency.

How will I perform the practical sessions in Online training?

For online training, Trainerkart provides a virtual environment that helps in accessing each other’s system. The complete course material in pdf format, reference materials, course code is provided to trainees. Trainerkart conductes online sessions through any of the available requirements like WebEx, GOTOMeeting, Webinar, etc.

Case-Studies

CASE STUDY # 1 – “Implementation of SAP FICO software”

About Project:

This project is a SAP R/3 implementation project. The scope of the project covers the business processes related to Marketing, Sales, Production and Finance Accounting and Management Accounting. So modules Implemented in this project are SD, MM, PP, FI and CO.

Implementation Methodology:SAP recommends ASAP Methodology for implementations, In this case study, we will use ASAP methodology. As a consultant, you should get exposed to all Five phases of implementation and should be able to gain good knowledge on each phase. We will walk through with each phase in detail.1. Project Preparation – Documentation Work2. Business Blue Print – Documentation Work3. Realization – Configuration and Customizations4. Final Preparations: Data migrations from legacy to SAP system5. Go Live and Support: Handholding’s for SAP implementation, Resolving tickets

Tasks in FICO Module:

You need to study and understand the different business process in Legacy & creation to a creation system and map them to SAP system. Configuration and Customization task include in Definition creation and assignment of Various Organization Units, variants, creation of different master records, should be able to post business transactions and generate various reports and do closing activities. You are expected to prepare a blueprint and also configuration documents. Further, you need to get involved in Data Migration Project where you should be uploading thousands of various master records like customer master, vendor masters, Asset Masters, GL masters, Material Masters… so on, also you need to build configuration blocks in sub modules like General Ledger, Bank Accounting, Accounts Receivable, Accounts Payable, Asset Accounting, Cost Element Accounting, Cost Center Accounting, Profit Center Accounting, Internal orders, Product Costing, Profitability Analysis.Final you need to submit your work as a presentation at the end of training.

Course Curriculumn:






Part A – Financial Accounting



Unit 1: Introduction to SAP R/3




Introduction to ERP

Advantages of SAP over other ERP packages

Introduction to SAP R/3 FICO






Unit 2: Financial Accounting Basic Settings




Definition of company

Definition of company code

Assignment of company to company code

Definition of business area

Definition of fiscal year variant

Assignment of fiscal year variant to company code

Definition of posting period variant

Assignment of posting period variant to company code

Open and close posting period

Defining document type & number ranges

Maintenance of field status variants

Assignment of field status variant to company code

Definition of tolerance groups for GL accounts

Definition of tolerance groups for employees

Assignment of tolerance groups to users

Taxes on Sales & Purchases (Input & Output)

Creation of chart of Accounts

Defining Accounts Groups

Defining Retained Earnings Account






Unit 3: General Ledger Accounting




Creation of General Ledger Master (with and without reference)

Display/Change/Block/Unblock of General Ledger Master

Document Entry Posting Normal Postings and Posting with Reference

Display and Change of Documents

Display of GL Balances

Display GL Account Line Items

Parked Documents

Hold Documents

Creation of Sample Document and Postings with Sample Documents

Defining Recurring Entry Document and Postings with a Recurring Doc.

Reversal of Individual Documents, Mass Reversal, and Reversal of Cleared Items

Defining Exchange Rate types and Translation Ratios






Unit 4: Accounts Payable




Definition of Company

Definition of Company Code

Assignment of Company to Company Code

Definition of Fiscal Year Variant

Assignment of Fiscal Year Variant to Company Code

Definition of Posting Period Variant

Assignment of Posting Period Variant to Company Code

Open and Close Posting Period

Defining Document Type and Number Ranges

Maintenance of Field Status Variants

Assignment of Field Status Variant to Company Code

Definition of Tolerance Groups for GL Accounts

Definition of Tolerance Groups for Employees

Assignment of Tolerance Groups to Users

Taxes on Sales and Purchases (Input and Output)

Creation of Chart of Accounts

Defining Accounts Groups

Defining Retained Earnings Account

Cancellation of Issued Checks

Configuration of Automatic Payment Program

Payment to Vendors through APP






Unit 5: Accounts Receivable




Creation of Customer Account Groups

Creation of Number Ranges for Customer Master Records

Assignment of Number Ranges for Customer Account Groups

Creation of Tolerance Group for Customers

Creation of Customer Master (display/change/block/unblock of vendor master)

Posting of Customer Transactions (sales invoice posting, payment posting, debit memo)

Settings for Advance Payment from Parties (down payment)

Configuration of Settings for Dunning

Generating the Dunning Letters






Unit 6: Asset Accounting




Defining Chart of Depreciation

Creation of 0% Tax Codes for Sales and Purchased

Assignment of Chart of Depreciation to Company Code

Defining Account Determination

Definition of Screen Layout Rules

Definition of Number Ranges for Asset Classes

Integration with General Ledger & Posting Rules

Defining Depreciation Key

Definition of Multilevel Methods

Definition of Period Control Methods

Creation of Main Asset Master Records

Creation of Sub-asset Master Records

Acquisition of Fixed Assets

Sale of Fixed Assets

Transfer of Assets

Scrapping of Assets

Depreciation Run






Unit 7: Document Splitting




The Configuration of Document Splitting

Posting of Journal Entries in General Ledger, Accounts Payable, and Account Receivable to Check Whether Document Splitting is Taking Place or not.

Deactivation of Document Splitting






Unit 8: Reports




Financial Statement Version

General Ledger, Accounts Payable, Accounts Receivable and Assets Reports








Part B - Controlling



Unit 1: Basic Settings for Controlling




Defining Controlling Area

Defining Number Ranges for Controlling Area

Maintain Versions






Unit 2: Cost Element Accounting




Creation of Primary Cost Elements from Financial Accounting Area

Creation of Primary Cost Elements from Controlling Area

Display of Cost Element Master Records

Change Cost Element Master Records

Primary Cost Element Categories

Secondary Cost Element Categories

Default Account Assignments






Unit 3: Cost Center Accounting




Defining Cost Center Standard Hierarchy

Creation of Cost Centers and Cost Center Groups

Display Cost Center Master Records

Change Cost Center Master Records

Creation of Cost Center Groups

Posting to Cost Centers

Reposting of Co Line Items

Report of Costs

Planning for Cost Centers

Overhead Calculation

Creation of Secondary Cost Element Master Records

Creation and Execution of Distribution Cycle

Creation and Execution of Assessment Cycles

Cost Center Reports

Reports

Generating the Cost Center Reports






Unit 4: Internal Orders




Defining Order Types

Creation of Internal Order Master Records

Display Internal Order Master Records

Change Internal Order Master Records

Postings to Internal Orders

Planning for Internal Orders

Reposting Co Line Items for Internal Orders

Creation of Real Internal Orders

Posting of Business Transaction to Real Orders

Definition of Allocation Structures

Definition of Settlement Profiles

Definition of Planning Profiles

Settlement of Real Internal Orders

Reports

Generating the Internal Order Reports






Unit 5: Profit Center Accounting




Basic Settings for Profit Center Accounting

Creation of Dummy Profit Centers

Maintenance of Control Parameters for Actual Postings

Maintaining the Number Ranges for Profit Center Documents


Creation of Profit Center Master Records

Display of Profit Center Master Records

Changing the Profit Center Master Records

Automatic Assignment of Revenue Elements for Profit Centers

Assignment of Profit Centers in Cost Center Master Records

Posting of Transactions into Profit Centers






Unit 6: Profitability Analysis




Creation of Characteristics

Creation of Value Fields

Maintaining the Operating Concern

Assignment of Controlling Area to Operating Concern

Activating the Profitability Analysis

Define Number Ranges for Actual Postings

Create User Defined Characteristics

Maintain Values for User Defined Characteristics

Mapping of SD Conditions Types to COPA Value Fields

Value flow FI/MM to COPA

Derivation Rules

Creation of Forms

Creation of Form Based Reports

Creation of Line Item Based Reports

Viewing the Reports






Unit 7: Product Costing







Costing Sheet Creation

Cost Component Structure

Creation of Costing Variant

Creation of BOM

Creation of Routing

Standard Cost Run

Standard Cost Release





Part C- Integration



Unit 1: Integration of financial accounting with materials management




Definition of Organizational Units in Materials Management i.e. Plant, Storage Location and Purchase Organization

Assignment of Organizational Units to Each Other

Definition of Tolerance Groups for Purchase Orders

Definition of Tolerance Groups for Goods Receipt

Definition of Tolerance Groups for Invoice Verification

Definition of Vendor Specific Tolerances

Creation, Display and Change of Material Master Records

Creation of Plant Parameters

Maintenance of Posting Periods for Materials Management

Maintenance of Parameters for Invoice Verification

Maintenance of Plant Parameters for Inventory Management and Physical Inventory

Definition of Attributes for Material Types

Assignment of GL Accounts for Material Transactions in Financial Accounting

Integration of MM with FI

Creation of Purchase Order, Posting of Goods Receipt, Invoice Verification and Goods Issue for Production






Unit 2: Integration of financial accounting with sales and distribution




Definition of Sales Organization

Definition of Distribution Channels

Definition of Divisions

Assignment Among Various Organizational Units in SD

Definition of Partner Functions

Definitions of Shipping Point and Loading Points

Definition of Pricing Procedures

Determining the Shipping Points

Determining the Pricing Procedures

Maintenance of SD Condition Types

Maintenance of Condition Records

Assignment of GL Accounts for Sales Transactions( integration of FI with SD)

Creation of Sales Order

Initialization of Stock

Posting the Delivery of Goods

Creating the Sales Invoice










Part A – Financial Accounting



Unit 1: Introduction to SAP R/3




Introduction to ERP

Advantages of SAP over other ERP packages

Introduction to SAP R/3 FICO






Unit 2: Financial Accounting Basic Settings




Definition of company

Definition of company code

Assignment of company to company code

Definition of business area

Definition of fiscal year variant

Assignment of fiscal year variant to company code

Definition of posting period variant

Assignment of posting period variant to company code

Open and close posting period

Defining document type & number ranges

Maintenance of field status variants

Assignment of field status variant to company code

Definition of tolerance groups for GL accounts

Definition of tolerance groups for employees

Assignment of tolerance groups to users

Taxes on Sales & Purchases (Input & Output)

Creation of chart of Accounts

Defining Accounts Groups

Defining Retained Earnings Account






Unit 3: General Ledger Accounting




Creation of General Ledger Master (with and without reference)

Display/Change/Block/Unblock of General Ledger Master

Document Entry Posting Normal Postings and Posting with Reference

Display and Change of Documents

Display of GL Balances

Display GL Account Line Items

Parked Documents

Hold Documents

Creation of Sample Document and Postings with Sample Documents

Defining Recurring Entry Document and Postings with a Recurring Doc.

Reversal of Individual Documents, Mass Reversal, and Reversal of Cleared Items

Defining Exchange Rate types and Translation Ratios






Unit 4: Accounts Payable




Definition of Company

Definition of Company Code

Assignment of Company to Company Code

Definition of Fiscal Year Variant

Assignment of Fiscal Year Variant to Company Code

Definition of Posting Period Variant

Assignment of Posting Period Variant to Company Code

Open and Close Posting Period

Defining Document Type and Number Ranges

Maintenance of Field Status Variants

Assignment of Field Status Variant to Company Code

Definition of Tolerance Groups for GL Accounts

Definition of Tolerance Groups for Employees

Assignment of Tolerance Groups to Users

Taxes on Sales and Purchases (Input and Output)

Creation of Chart of Accounts

Defining Accounts Groups

Defining Retained Earnings Account

Cancellation of Issued Checks

Configuration of Automatic Payment Program

Payment to Vendors through APP






Unit 5: Accounts Receivable




Creation of Customer Account Groups

Creation of Number Ranges for Customer Master Records

Assignment of Number Ranges for Customer Account Groups

Creation of Tolerance Group for Customers

Creation of Customer Master (display/change/block/unblock of vendor master)

Posting of Customer Transactions (sales invoice posting, payment posting, debit memo)

Settings for Advance Payment from Parties (down payment)

Configuration of Settings for Dunning

Generating the Dunning Letters






Unit 6: Asset Accounting




Defining Chart of Depreciation

Creation of 0% Tax Codes for Sales and Purchased

Assignment of Chart of Depreciation to Company Code

Defining Account Determination

Definition of Screen Layout Rules

Definition of Number Ranges for Asset Classes

Integration with General Ledger & Posting Rules

Defining Depreciation Key

Definition of Multilevel Methods

Definition of Period Control Methods

Creation of Main Asset Master Records

Creation of Sub-asset Master Records

Acquisition of Fixed Assets

Sale of Fixed Assets

Transfer of Assets

Scrapping of Assets

Depreciation Run






Unit 7: Document Splitting




The Configuration of Document Splitting

Posting of Journal Entries in General Ledger, Accounts Payable, and Account Receivable to Check Whether Document Splitting is Taking Place or not.

Deactivation of Document Splitting






Unit 8: Reports




Financial Statement Version

General Ledger, Accounts Payable, Accounts Receivable and Assets Reports








Part B - Controlling



Unit 1: Basic Settings for Controlling




Defining Controlling Area

Defining Number Ranges for Controlling Area

Maintain Versions






Unit 2: Cost Element Accounting




Creation of Primary Cost Elements from Financial Accounting Area

Creation of Primary Cost Elements from Controlling Area

Display of Cost Element Master Records

Change Cost Element Master Records

Primary Cost Element Categories

Secondary Cost Element Categories

Default Account Assignments






Unit 3: Cost Center Accounting




Defining Cost Center Standard Hierarchy

Creation of Cost Centers and Cost Center Groups

Display Cost Center Master Records

Change Cost Center Master Records

Creation of Cost Center Groups

Posting to Cost Centers

Reposting of Co Line Items

Report of Costs

Planning for Cost Centers

Overhead Calculation

Creation of Secondary Cost Element Master Records

Creation and Execution of Distribution Cycle

Creation and Execution of Assessment Cycles

Cost Center Reports

Reports

Generating the Cost Center Reports






Unit 4: Internal Orders




Defining Order Types

Creation of Internal Order Master Records

Display Internal Order Master Records

Change Internal Order Master Records

Postings to Internal Orders

Planning for Internal Orders

Reposting Co Line Items for Internal Orders

Creation of Real Internal Orders

Posting of Business Transaction to Real Orders

Definition of Allocation Structures

Definition of Settlement Profiles

Definition of Planning Profiles

Settlement of Real Internal Orders

Reports

Generating the Internal Order Reports






Unit 5: Profit Center Accounting




Basic Settings for Profit Center Accounting

Creation of Dummy Profit Centers

Maintenance of Control Parameters for Actual Postings

Maintaining the Number Ranges for Profit Center Documents


Creation of Profit Center Master Records

Display of Profit Center Master Records

Changing the Profit Center Master Records

Automatic Assignment of Revenue Elements for Profit Centers

Assignment of Profit Centers in Cost Center Master Records

Posting of Transactions into Profit Centers






Unit 6: Profitability Analysis




Creation of Characteristics

Creation of Value Fields

Maintaining the Operating Concern

Assignment of Controlling Area to Operating Concern

Activating the Profitability Analysis

Define Number Ranges for Actual Postings

Create User Defined Characteristics

Maintain Values for User Defined Characteristics

Mapping of SD Conditions Types to COPA Value Fields

Value flow FI/MM to COPA

Derivation Rules

Creation of Forms

Creation of Form Based Reports

Creation of Line Item Based Reports

Viewing the Reports






Unit 7: Product Costing







Costing Sheet Creation

Cost Component Structure

Creation of Costing Variant

Creation of BOM

Creation of Routing

Standard Cost Run

Standard Cost Release





Part C- Integration



Unit 1: Integration of financial accounting with materials management




Definition of Organizational Units in Materials Management i.e. Plant, Storage Location and Purchase Organization

Assignment of Organizational Units to Each Other

Definition of Tolerance Groups for Purchase Orders

Definition of Tolerance Groups for Goods Receipt

Definition of Tolerance Groups for Invoice Verification

Definition of Vendor Specific Tolerances

Creation, Display and Change of Material Master Records

Creation of Plant Parameters

Maintenance of Posting Periods for Materials Management

Maintenance of Parameters for Invoice Verification

Maintenance of Plant Parameters for Inventory Management and Physical Inventory

Definition of Attributes for Material Types

Assignment of GL Accounts for Material Transactions in Financial Accounting

Integration of MM with FI

Creation of Purchase Order, Posting of Goods Receipt, Invoice Verification and Goods Issue for Production






Unit 2: Integration of financial accounting with sales and distribution




Definition of Sales Organization

Definition of Distribution Channels

Definition of Divisions

Assignment Among Various Organizational Units in SD

Definition of Partner Functions

Definitions of Shipping Point and Loading Points

Definition of Pricing Procedures

Determining the Shipping Points

Determining the Pricing Procedures

Maintenance of SD Condition Types

Maintenance of Condition Records

Assignment of GL Accounts for Sales Transactions( integration of FI with SD)

Creation of Sales Order

Initialization of Stock

Posting the Delivery of Goods

Creating the Sales Invoice


For more details, please contact us.








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