SAP FICO online training in Florida, or anywhere else, typically covers a range of modules and concepts necessary to master the SAP Financial Accounting (FI) and Controlling (CO) processes. Here’s an overview of the common contents included in such training programs:
Introduction to SAP and SAP FICO:
Overview of SAP and ERP
Importance and roles of SAP FICO course training institute in Florida
Navigation in SAP GUI (Graphical User Interface)
Financial Accounting (FI) Module:
General Ledger (GL) Accounting:
Chart of Accounts
General Ledger Master Data
Posting and document entry
Reconciliation accounts for customers and vendors
Accounts Payable (AP):
Vendor Master Data
Invoice processing and payment
Automatic payment program
Vendor reports
Accounts Receivable (AR):
Customer Master Data
Invoice processing and receipt
Dunning (payment reminders)
Customer reports
Asset Accounting (AA):
Asset Master Data
Asset transactions (Acquisition, Retirement, Transfer)
Depreciation and asset reports
Bank Accounting:
Bank Master Data
Cash journal, Electronic bank statement (EBS)
Financial Closing:
Month-end and year-end closing
Balance sheet and Profit & Loss (P&L) statements
Controlling (CO) Module:
Cost Element Accounting:
Primary and secondary cost elements
Cost element master data
Cost Center Accounting:
Cost center master data
Cost center planning and allocations
Internal Orders:
Order types, master data
Planning, budgeting, and settlement
Profit Center Accounting (PCA):
Profit center master data
Segment reporting
Product Cost Controlling:
Cost object controlling
Product cost planning
Profitability Analysis (CO-PA):
Understanding market segments
Contribution margin reporting
Integration with Other Modules:
SAP FICO integration with Materials Management (MM), Sales and Distribution (SD), and Production Planning (PP)
Importance of integration in financial reporting
Configuration and Customization:
SAP system configuration basics for FICO online training in Florida USA
Organizational structures in SAP (Company code, business areas)
Customizing settings for GL, AR, AP, AA, and CO
Managing fiscal year variants, posting periods
SAP Reporting and Analysis:
Financial Statements
Cost centre, profit centre, and internal order reports
Drill-down reporting and analysis in SAP
End-to-End Business Process Scenarios:
Hands-on practice in real-time business scenarios (procure to pay, order to cash, record to report)
SAP FICO Certification Preparation:
Sample questions, mock exams
Tips and strategies for SAP FICO training institute in Florida certification exams
Real-time Project Work:
Working on live or simulated SAP environments
End-to-end implementation project case studies
Involvement in real-world scenarios for understanding system configuration, support, and troubleshooting. This structure may vary depending on the training provider and the level of expertise (beginner, intermediate, advanced). Many online programs offer flexible schedules, access to SAP fico online training in Florida USA servers for practice, and support for certification exams.
