SAP FICO Module

Overview:

This Financial Accounting Module helps employees to manage data involved in any financial and business transactions in a unified system. SAP implementation helps in consolidating data for diverse business transactions and legal requirements. 

Financial Accounting module helps one to get the real-time financial position of an enterprise in the market. SAP FI incorporates with other SAP modules such as SAP SD, SAP MM, SAP PP, Payroll and more for better work results. SAP CO module is another important SAP module offered to enterprises. 

The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. It involves methods to view and organize costs that are required for Financial Reporting.

Content:

1. SAP FI:

- Basic introduction to SAP and enterprise structure.
- Financial accounting and global settings.
- General ledger accounting
- Accounts receivable
- Accounts payable
- Bill of Exchange
- Withholding Tax-TDS
- VAT calculations
- Bank accounts (House Bank)
- Foreign currencies
- Petty cash journals
- Asset accounting
- Financial statement versions
- New GL concepts

2. SAP CO:

- General controlling
- Cost element accounting
- Cost centre accounting
- Profit centre accounting
- Internal order accounting
- Integration

Benefits Of Attending:

The course will acquaint you with SAP FICO environment and you will be able to:

- Procure stock materials in SAP
- The financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system.
- The SAP Fi module works very in any type of economic situation.
- SAP helps consolidation of financial statements for an organization with diverse business transactions and legal requirements.
- You will be able to get real time financial position of an enterprise in the market and integrate with other modules and functions of the organization such as SAP SD, SAP MM, SAP PP, - Payroll and more for better work results.
- Ensure the organization’s reporting is well structured and be able to create meaningful SAP reports.

Who Should Attend:

- Accounting and finance professionals
- Anyone who is currently switching from other software to SAP
- Board Members
- Individuals in any function of an organization who has to extract, input or analyse SAP reports or has any responsibilities connected with the SAP Module