Corporate SAP FICO Training Course

Edstellar's instructor-led SAP FICO training course is critical to any organization's ERP system to enable efficient financial management and cost control. This training upskills teams to learn its functionalities and its necessity in orchestrating and optimizing financial processes within an organization. Drive financial performance forward!

24 - 32 hrs
Instructor-led (On-site/Virtual)
Language
English
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SAP FICO Training

Drive Team Excellence with SAP FICO Training for Employees

Empower your teams with expert-led on-site/in-house or virtual/online SAP FICO Training through Edstellar, a premier corporate training company for organizations globally. Our tailored SAP FICO corporate training course equips your employees with the skills, knowledge, and cutting-edge tools needed for success. Designed to meet your specific needs, this SAP FICO group training program ensures your team is primed to drive your business goals. Transform your workforce into a beacon of productivity and efficiency.

SAP FICO, an essential element of SAP ERP, is the financial accounting and controlling module that helps organizations manage all financial transactions, reporting, and analysis under one umbrella. It is indispensable for its capability to integrate financial management with other business processes across the company, thus ensuring transparency, efficiency, and strategic decision-making. SAP FICO training course is vital for teams to grasp the complexities of financial systems, enabling them to streamline operations, reduce costs, and enhance profitability.

Edstellar's instructor-led SAP FICO training course distinguishes itself through a tailored, practical learning experience delivered virtually/onsite by industry experts with extensive industrial expertise. Our course is meticulously designed to cater to the dynamic needs of professionals, offering deep dives into real-world applications, custom curriculum adjustments, and hands-on practice.

Key Skills Employees Gain from SAP FICO Training

SAP FICO skills corporate training will enable teams to effectively apply their learnings at work.

  • Financial Operations
  • Process Efficiency
  • Financial Planning
  • Cost Control
  • ERP Integration
  • Data Analysis

Key Learning Outcomes of SAP FICO Training

Edstellar’s SAP FICO training for employees will not only help your teams to acquire fundamental skills but also attain invaluable learning outcomes, enhancing their proficiency and enabling application of knowledge in a professional environment. By completing our SAP FICO workshop, teams will to master essential SAP FICO and also focus on introducing key concepts and principles related to SAP FICO at work.


Employees who complete SAP FICO training will be able to:

  • Apply SAP FICO functionalities to streamline financial operations and enhance process efficiency within the organization
  • Optimize financial performance and cost control by implementing SAP FICO tools for detailed financial planning and analysis
  • Integrate SAP FICO modules with other ERP components to improve overall business operations and inter-departmental workflows
  • Utilize SAP FICO data analysis tools to provide actionable insights for strategic financial planning, forecasting, and risk management
  • Implement SAP FICO best practices for financial transaction management to ensure accuracy, compliance, and efficiency in accounting procedures
  • Enhance organizational financial transparency and accountability through precise financial statement generation and audit support using SAP FICO

Key Benefits of the SAP FICO Corporate Training

Attending our SAP FICO classes tailored for corporations offers numerous advantages. Through our on-site/in-house or virtual/online SAP FICO training classes, participants will gain confidence and comprehensive insights, enhance their skills, and gain a deeper understanding of SAP FICO.

  • Develop expertise in utilizing SAP FICO modules to streamline operations and optimize workflow
  • Explore the functionalities of SAP FICO in managing financial data and supporting strategic financial planning
  • Empower professionals with the skills necessary for effective financial transaction management and cost control
  • Equip the team with techniques to enhance financial reporting and analysis, leading to more informed decision-making
  • Learn the integration of financial management with other business processes, ensuring a comprehensive understanding of organizational operations

SAP FICO Training Topics and Outline

Our virtual and on-premise SAP FICO training curriculum is divided into multiple modules designed by industry experts. This SAP FICO training for organizations provides an interactive learning experience focused on the dynamic demands of the field, making it relevant and practical.

1. General Ledger Master

    1. Creation and Maintenance
    2. Field Status Groups
    3. Account Groups

2. General Ledger Postings

    1. Standard Posting
    2. Cross-Company Code Transactions
    3. Foreign Currency Transactions

3. General Ledger Parking and Postings

    1. Document Parking
    2. Validation and Release of Parked Documents
    3. Workflow for Parked Documents

4. Reversals

    1. Individual Reversals
    2. Mass Reversals
    3. Accrual/Deferral Documents

5. Automatic Clearing

    1. Configuration of Clearing Rules
    2. Execution of Automatic Clearing
    3. Clearing of Open Items

6. Recurring Entries

    1. Setup of Recurring Entry Documents
    2. Execution of Recurring Entries
    3. Monitoring Recurring Entries

7. Taxes

    1. Input Tax
    2. Output Tax
    3. Tax Reporting

8. General Ledger Reports

    1. Financial Statement Preparation
    2. Account Balances
    3. Profit and Loss Statements

1. Cash Journals

    1. Setup and Configuration
    2. Cash Journal Posting
    3. Cash Journal Reporting

2. Cheque Management

    1. Cheque Register
    2. Cheque Issuance and Cancellation
    3. Cheque Reconciliation

3. House Bank Masters

    1. Creation of House Bank
    2. Configuration of House Bank Accounts
    3. Bank Statement Processing

4. Bank Reconciliations

    1. Manual Bank Statement Processing
    2. Electronic Bank Statement Processing
    3. Bank Reconciliation Reports

1. Vendor Master

    1. Vendor Master Data Configuration
    2. Vendor Grouping and Classification
    3. Vendor Master Data Maintenance

2. Vendor Invoice Posting

    1. Invoice Entry
    2. Invoice Verification
    3. Special G/L Transactions

3. Vendor Credit Memo

    1. Credit Memo Processing
    2. Adjustment Postings

4. Vendor Down Payment

    1. Down Payment Request
    2. Down Payment Settlement

5. Vendor Outgoing Payment

    1. Manual Payment Processing
    2. Payment Terms and Conditions
    3. Payment Methods

6. Partial Payment and Residual Payment

    1. Managing Partial Payments
    2. Clearing with Residual Payments

7. Automatic Payment Run

    1. Configuration of Payment Program
    2. Execution of Payment Run
    3. Monitoring and Troubleshooting Payment Runs

8. Withholding Tax (TDS)

    1. TDS Configuration
    2. TDS Deduction and Reporting

9. Vendor Reports

    1. Vendor Balance Reports
    2. Payment History Reports
    3. Vendor Evaluation Reports

1. Customer Master

    1. Creation and Maintenance of Customer Master Data
    2. Configuration of Customer Master Records
    3. Utilization of Customer Groups for Reporting

2. Customer Invoice Posting

    1. Execution of Standard Invoice Postings
    2. Adjustment and Correction of Invoice Entries
    3. Application of Special G/L Transactions for Customers

3. Customer Credit Memo

    1. Issuance of Credit Memos for Returns and Rebates
    2. Adjustment of Customer Balances using Credit Memos
    3. Reconciliation of Credit Memo Transactions

4. Customer Down Payment

    1. Processing of Down Payment Requests
    2. Recording of Down Payments Received
    3. Management of Down Payment Documentation

5. Customer Down Payment Clearing

    1. Application of Down Payments to Open Invoices
    2. Accounting for Down Payment Clearing Entries
    3. Handling of Excess Down Payments

6. Customer Incoming Payment

    1. Recording of Payments Received from Customers
    2. Allocation of Payments to Specific Invoices
    3. Management of Payment Discrepancies

7. Partial Payment Against an Invoice

    1. Recording and Managing Partial Payments
    2. Adjusting Invoice Balances Post-Partial Payments
    3. Impact of Partial Payments on Financial Reporting

8. Residual Payment

    1. Processing of Residual Payments
    2. Clearing of Invoices with Residual Amounts
    3. Financial Implications of Residual Payments

9. Customer Reports

    1. Generation of Customer Aging Reports for Receivable Management
    2. Analysis of Customer Payment Behavior
    3. Compilation of Accounts Receivable Summaries and Detailed Reports

1. Asset Master

    1. Asset Master Data Creation
    2. Asset Class and Number Range Configuration
    3. Asset Master Data Maintenance

2. Asset Procurement

    1. Direct Asset Acquisition
    2. Asset Acquisition through Material Management (MM)

3. Asset Retirements and Scrapping

    1. Asset Retirement Procedures
    2. Scrapping of Assets
    3. Gain/Loss on Sale of Assets

4. Depreciation Run

    1. Depreciation Calculation
    2. Posting Depreciation
    3. Depreciation Reports

1. Define a Company and Company Code

    1. Creating a Company
    2. Defining Company Code
    3. Assigning Company Code to Company

2. Chart of Accounts Setup

    1. Defining Chart of Accounts
    2. Assigning Company Code to Chart of Accounts
    3. Creating Account Groups and their Number Ranges

3. Fiscal Year and Posting Periods

    1. Assigning Fiscal Year Variant to Company Code
    2. Assigning Posting Period Variant to Company Code
    3. Defining Open and Close Posting Periods

4. Document Control

    1. Setting Up Document Number Ranges for the Company Code
    2. Assigning Field Status Variant to Company Code
    3. Defining Document Types and Posting Keys

5. Tolerance Groups and Employee Tolerance

    1. Defining Tolerance Groups for Employees
    2. Setting Up Tolerance Limits for Posting

6. Retained Earnings Account and Financial Statement Version

    1. Defining Retained Earnings Account
    2. Creating Financial Statement Versions for Reporting

7. Validation, Substitution, and Tax Configuration

    1. Setting Up Validation and Substitution Rules
    2. Configuring Tax Codes for Sales and Purchases

8. General Ledger (G/L) Account Setup

    1. Introduction to G/L Accounts
    2. Creating Reconciliation Accounts for Sub-Ledgers
    3. Setting Up Expense and Revenue G/L Accounts

9. Master Data and Transactions

    1. Creating Account Assignment Models for Recurring Entries
    2. Setup Tolerance for Customers and Vendors
    3. Creating Customer and Vendor Account Groups

10. Payment Transactions

    1. Configuring Automatic Payment Program for Outgoing Payments
    2. Managing Manual and Automatic Incoming Payments
    3. Handling Over and Under Payments

11. Advanced Configuration

    1. Cash Journal Configuration
    2. House Bank Configuration and Check Management
    3. Manual Bank Reconciliation Process

12. Asset Accounting Configuration

    1. Setting Up Asset Classes and Asset Number Ranges
    2. Defining Depreciation Areas and Keys
    3. Asset G/L Account Determination

13. New General Ledger (New G/L)

    1. Configuring New G/L Functions
    2. Document Splitting Concepts and Implementation

SAP FICO Corporate Training Prices

Our SAP FICO training for enterprise teams is tailored to your specific upskilling needs. Explore transparent pricing options that fit your training budget, whether you're training a small group or a large team. Discover more about our SAP FICO training cost and take the first step toward maximizing your team's potential.

Request for a quote to know about our SAP FICO corporate training cost and plan the training initiative for your teams. Our cost-effective SAP FICO training pricing ensures you receive the highest value on your investment.

Request for a Quote

Our customized corporate training packages offer various benefits. Maximize your organization's training budget and save big on your SAP FICO training by choosing one of our training packages. This option is best suited for organizations with multiple training requirements. Our training packages are a cost-effective way to scale up your workforce skill transformation efforts..

Starter Package

125 licenses

64 hours of training (includes VILT/In-person On-site)

Tailored for SMBs

Most Popular
Growth Package

350 licenses

160 hours of training (includes VILT/In-person On-site)

Ideal for growing SMBs

Enterprise Package

900 licenses

400 hours of training (includes VILT/In-person On-site)

Designed for large corporations

Custom Package

Unlimited licenses

Unlimited duration

Designed for large corporations

View Corporate Training Packages

SAP FICO Course Completion Certificate

Upon successful completion of the SAP FICO training course offered by Edstellar, employees receive a course completion certificate, symbolizing their dedication to ongoing learning and professional development. This certificate validates the employees' acquired skills and serves as a powerful motivator, inspiring them to further enhance their expertise and contribute effectively to organizational success.

Target Audience for SAP FICO Training Course

The SAP FICO training course is ideal for financial analysts, accountants, finance managers ERP specialists, business analysts, and financial controllers.

The SAP FICO training program can also be taken by professionals at various levels in the organization.

SAP FICO training for managers

SAP FICO training for staff

SAP FICO training for leaders

SAP FICO training for executives

SAP FICO training for workers

SAP FICO training for businesses

SAP FICO training for beginners

SAP FICO group training

SAP FICO training for teams

SAP FICO short course

Prerequisites for SAP FICO Training

The professionals who have a basic understanding of financial accounting principles can take the SAP FICO training.

Bringing you the Best SAP FICO Trainers in the Industry

The instructor-led SAP FICO training is conducted by certified trainers with extensive expertise in the field. Participants will benefit from the instructor's vast knowledge, gaining valuable insights and practical skills essential for success in SAP FICO Access practices.

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Training Delivery Modes for SAP FICO Group Training

At Edstellar, we understand the importance of impactful and engaging training for employees. To ensure the training is more interactive, we offer Face-to-Face onsite/in-house or virtual/online SAP FICO training for companies. This method has proven to be the most effective, outcome-oriented and well-rounded training experience to get the best training results for your teams.

Training Mode
Virtual

Instructor-led Training

Engaging and flexible online sessions delivered live, allowing professionals to connect, learn, and grow from anywhere in the world.

Training Mode
On-Site

Instructor-led Training

Customized, face-to-face learning experiences held at your organization's location, tailored to meet your team's unique needs and objectives.

Training Mode
Off-site

Instructor-led Training

Interactive workshops and seminars conducted at external venues, offering immersive learning away from the workplace to foster team building and focus.

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