SAP FICO

SAP FICO (Financial Accounting and Controlling) is a module in the SAP software suite that helps organizations manage their financial accounting and controlling processes. It provides a comprehensive solution for financial accounting and reporting, including general ledger, accounts payable, accounts receivable, and cash management.

Course Code: C_TFIN52_67
 

Information Of Course
Category
Duration Time
4 Days for 8 Hours or 8 Days for 4 Hours
Level
Beginner
Price
$1250
Enquire
Book

SAP FICO (Financial Accounting and Controlling) is a module in the SAP software suite that helps organizations manage their financial accounting and controlling processes. It provides a comprehensive solution for financial accounting and reporting, including general ledger, accounts payable, accounts receivable, and cash management. The SAP FICO module also supports budgeting, cost centers, and internal order accounting.

SAP FICO is widely used by organizations across various industries, making the SAP FICO course a valuable investment for professionals in finance, accounting, and IT. Upon completing the course, participants are equipped to manage financial accounting processes effectively using the SAP FICO module.
T

he SAP FICO course typically covers the fundamentals of financial accounting, the configuration and implementation of SAP FICO, and the use of the software to manage financial accounting processes. Participants learn how to use SAP FICO to support financial reporting, perform financial planning and analysis, and ensure regulatory compliance. They also gain hands-on experience working with SAP FICO through interactive simulations and case studies.

This program is ideal for professional consultants looking to specialize and master in Finance and Controlling integrated with SAP.

The following are the few professional profiles that are ideal students for this course:

  • SAP FICO Consultants / Managers / End Users
  • Anyone aspiring to become SAP FICO Consultant / Manager
  • HR Coordinators
  • Operation Managers
  • SAP & ERP Professionals
  • SAP Functional Consultants
  • Business Analysts & Consultants
  • Financial Analysts & Consultants
  • Project Managers & Supervisors
  • Anyone looking forward to start SAP career
  • Overview of SAP ERP Software
  • Introduction to Financial Accounting
     
  • Configuration and Usage of G/L Accounts
  • Posting Transactions
  • Account Reconciliation
  • Year-End Closing Activities
     
  • Vendor Master Data
  • Creation of Purchase Invoices and Payments
  • Handling of Vendor Down Payments
  • Credit Memos
     
  • Configuration and Management of Customer Master Data
  • Creation of Sales Invoices
  • Creation of Incoming Payments
  • Handling of Customer Down Payments
  • Handling of Credit Memos
  • Configuration of Bank Accounts
  • Bank Statement Postings
  • Managing Incoming and Outgoing Payments
     
  • Configuration and Management of Fixed Assets
  • Depreciation Calculation
  • Depreciation Postings
  • Asset Retirement
  • Transfer Activities
     
  • Introduction to Cost Elements
  • Cost Centers
  • Internal Orders 
     
  • Introduction to Profit Centers
  • Profit and Loss Reporting
  • Inter-Company Profit
  • Cost Allocations
     
  • Overview of SAP FICO Reporting Tools
  • SAP Transaction Codes (T-Codes)
  • SAP Report Painter
     
  • Sales and Distribution (SD)
  • Material Management (MM)
  • Production Planning (PP)
     

Some of the common designations for SAP professionals in the industry are: –

  • SAP FICO Consultant
  • SAP Basis Administrator 
  • SAP ABAP Consultant
  • SAP FICO Consultant
  • SAP SD Consultant 
  • SAP ABAP Developer
  • SAP Project Manager

The average SAP FICO Consultant salary in the USA is $126,857 per year or $61 per hour. Entry level positions start at $107,250 per year while most experienced workers make up to $162,000 per year.

SAP PP Consultant Average Salary Across the U.S. :

 

 

Range

Annual Salary

Monthly Salary

Weekly Wage

Hourly Wage

25th Percentile

$115,000

$9584

$2214

$56

75th Percentile

$156,000

$13,000

$3003

$75

Average

$127,500

$10,625

$2,452

$61.30

 Source: https://www.talent.com/salary?job=sap+fico