Understand enterprise financial structures, General Ledger accounting, Accounts Payable/Receivable, Asset Management, Cost Center Accounting, and financial statement postings.
SAP FICO consists of two core sub-modules: Financial Accounting (FI) for external financial reporting and Controlling (CO) for internal management accounting. It ensures real-time visibility into an organization’s financial health and balance sheets.
In this program, you will learn hands-on configuration steps using SPRO IMG reference menus, posting documents, performing month-end closing procedures, and executing integration testing.
Configuring Company Code, Chart of Accounts, Fiscal Year Variant, Posting Period Variant, Account Groups, and Retained Earnings Account. Document posting and tolerance groups.
Vendor & Customer Business Partner configuration, Reconciliation Accounts, Invoice Postings, Automatic Payment Program (F110), and Dunning procedures.
Chart of Depreciations, Asset Classes, Account Determination, Depreciation Keys, Asset Acquisition, Capitalization, and Depreciation Run execution.
Controlling Area setup, Primary & Secondary Cost Elements, Cost Center Accounting, Internal Orders, and Profit Center Accounting integration.
