SAP FICO Course (Financial Accounting and Controlling) is a core module of the SAP ERP (Enterprise Resource Planning) system that integrates financial accounting and controlling activities of an organization. It is widely used by businesses worldwide to manage their financial transactions, accounting, and reporting.
In addition, SAP FICO also offers features such as tax management, budgeting, cash management, and profitability analysis to help organizations streamline their financial operations and improve their overall financial performance. With SAP FICO, organizations can gain better control over their finances and make informed decisions to achieve their business goals.
FI is a crucial component of the SAP FICO module as it provides real-time financial information to management, enabling them to make informed decisions. Additionally, FI integrates with other modules such as Sales and Distribution (SD) and Materials Management (MM) to provide a comprehensive view of the company’s financial health.
The Financial Accounting (FI) component of SAP FICO deals with financial transactions, such as accounts payable, accounts receivable, general ledger accounting, asset accounting, and bank accounting. It allows businesses to manage their financial transactions, create financial statements, and generate reports.
Controlling (CO)
The controlling (CO) component of SAP FICO deals with managing the costs and profitability of an organization. It includes cost-center accounting, profit-center accounting, internal orders, and product costing. It provides businesses with tools to plan, monitor, and control costs, allocate expenses, and track profitability.
SAP FICO is a complex module, and it requires in-depth knowledge and skills to implement and maintain. To become an SAP FICO consultant, one needs to undergo extensive training and obtain certification. The certification process involves passing an exam that tests the individual’s knowledge of the module.
In summary, SAP FICO is a comprehensive financial accounting and controlling module of the SAP ERP system that helps businesses manage their financial transactions, accounting, and reporting, and provides real-time financial data for decision-making.
SAP FICO Course training costs in Hyderabad:
There are many institutes in Hyderabad that provide training on SAP FICO. However, the cost of SAP FICO training in Hyderabad can vary depending on several factors such as the reputation of the training institute, the level of the course, the duration of the course, and the mode of delivery (online or classroom).
In Hyderabad, the cost of SAP FICO training can range from INR 20,000 to INR 60,000 or more, depending on the institute and the level of the course. Generally, beginner-level courses that cover basic concepts and fundamentals of SAP FICO are less expensive than advanced-level courses that cover complex topics and practical training.
The cost of SAP FICO training in Hyderabad also depends on the mode of delivery. Online courses are generally less expensive than classroom courses, as they do not require physical infrastructure and can accommodate a larger number of participants. However, classroom courses provide more hands-on training and interaction with trainers, which can be more beneficial for some learners.
It is recommended that you research various training institutes in Hyderabad that offer SAP FICO training and compare the costs and features offered by each of them. Additionally, you can also check online forums, reviews, and ratings to get a better understanding of the quality of the training provided by the institutes. This helps you make an informed decision on which training institute to choose based on your requirements and budget.
SAP FICO Training institutes in Hyderabad
So, there are many training institutes in Hyderabad with a wide range of facilities. As a student, one should know each and every detail of the training and the basic details of the institute. Some institutes provide training with placement on the other hand some institutes provide training without placements at less cost.
Based on previous students’ testimonials and the course curriculum you can choose the best training. And one should keep in mind the trainers’ experience and way of teaching, every point should be considered.
In Hyderabad, IGROWSOFT is considered one of the best training institutes for SAP FICO with placement assistance. They provide the training with real-time scenarios which will help students to understand the practical world. Their trainers are well-experienced and certified.
Their course curriculum covers the maximum number of concepts within five months duration and they will provide online server access along with the training. Apart from the above facilities, they provide lab-faculty support who are helpful while practicing and clear errors within no time.
As they are providing only online training as of now, everyone who is interested from any place can join the training. Once joined, they will provide you with access to their materials which are timely updated and the faculties provide running notes with real-world examples.
With all the facilities above they make the best SAP FICO online training institute with affordable training.
