SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. What is SAP FICO – SAP FI Module :- what is sap fico SAP FI is the important module of all SAP implementations SAP FI ( Financial Accounting ) is used for external reporting i.e Balance sheet, Profit and Loss statements SAP FICO Module integrates with various other SAP Modules such as MM (Materials Management), SD(Sales and Distribution), PP (Production Planning), PM (Plant Maintenance),and PS (Project Systems). SAP FI (Financial Accounting) Module receives postings from various other modules such as Materials Management, Sales and Distribution, Human Resource) through integration. All accounting-relevant transactions which are made in Logistics (LO) are posted real-time to Financial Accounting by automatic account determination. This data can also be passed on to Controlling (CO).

Topics Covered

? Introduction ? Ledger definition ? Documenting splitting ? Integration ? Period processing ? Parallel accounting ? Reporting ? Migration ? Introduction Advantages and benefits of the New general ledger Explanation on possible functions ? Ledger Definition Activating the New General ledger Over view on new tables updation Assigning and importance of scenarios Financial accounting entry view and ledger view Creation of number ranges for ledger view The segment characteristic Creation of Segment ? Documenting splitting Classify G/L Accounts for Document Splitting Classify Document Types for Document Splitting Define Zero-Balance Clearing Account Define Document Splitting Characteristics for General Ledger Accounting Define Document Splitting Characteristics for Controlling Define Post-Capitalization of Cash Discount to Assets Activate Document Splitting ? Integration Integration with FI Sub ledgers Integration with Controlling Integration with material management ? Periodic Processing Changes in Foreign currency Valuation Period depreciation posting ? Parallel Accounting Define leading ledger Define and activate non leading ledger Define ledger groups Define accounting principles Assign accounting principles to ledger groups

Who should attend

Any Graduates Btech ,B.com .BSC.MSC.MBA ,Mtech

Pre-requisites

Basic internet Knowledge and Accounting concepts

What you need to bring

Nothing Required High speed Internet should must be there

Key Takeaways

Lear SAP FICO and get the job