Course Includes

Live Training

30 Hrs of Sessions

Lab Sessions

25 Hrs of Labs

Two Real-time Use cases

Real-time Use cases

24/7 Lifetime Support

24/7 Lifetime Support

Certification Assistance

Certification Based Curriculum

Flexible Schedule

Flexible Schedules

One-on-onedoubtclearing

One-on-one doubt clearing

Careerpathguidance

Career path guidance

JobSupport

Job Support

Live Training

30 Hrs of Sessions

Lab Sessions

25 Hrs of Labs

Two Real-time Use cases

Real-time Use cases

24/7 Lifetime Support

24/7 Lifetime Support

Certification Assistance

Certification Based Curriculum

Flexible Schedule

Flexible Schedules

One-on-onedoubtclearing

One-on-one doubt clearing

Careerpathguidance

Career path guidance

JobSupport

Job Support

free

Add-ons

Most of the SAP FICO Course Jobs in the industry expect the following add-on skills. Hence, we offer these skills-set as FREE Courses (Basics) to ease your learning process and help you stay ahead of the competition.

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About SAP FICO Course in Bangalore

This SAP FICO training in Bangalore covers various aspects of financial accounting and controlling within the SAP environment. It provides participants with the skills necessary to carry out operations, including budgeting, general ledger accounting, accounts payable and receivable, asset accounting, profit center accounting, and more. The training combines instructional videos, theoretical concepts, hands-on exercises, and real-world projects for an in-depth understanding of the SAP FICO module. By undergoing this SAP FICO certification course, individuals can gain a thorough understanding of financial processes as well as the knowledge needed to configure SAP FICO successfully. Join MindMajix today and equip yourself with an in-demand skill.

SAP FICO Training
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Course Coverage

SAP FICO Training in Bangalore Course Content

The SAP FICO curriculum is designed in collaboration with subject matter experts and experienced consultants to provide a structured and comprehensive learning experience for individuals interested in acquiring skills and knowledge in the SAP FICO module. The curriculum often includes practical exercises...Read more

FINANCE

Module1: Overview of SAP R/3

  • Overview of ERP
  • Advantages of SAP over other ERP Packages
  • Overview of SAP R/3 FICO
  • Multi-client and Landscape concept
  • Transport request creation, status, modification, types, transport, release
  • Different types of messages
  • Differentiate R/1, R/2, and R/3
  • 4 C’s

Module2: Basic Settings of Financial Accounting

  • Definition of Company Code and Company
  • Assigning Company to the Company Code
  • Business Area Definition
  • Defining the Chart of Accounts
  • Assigning the Chart of Accounts to the Company Code
  • Defining the account groups
  • Defining the Retained Accounts Group
  • Defining the Fiscal Year Account and shortened the fiscal year
  • Assign Fiscal Year Variant to the company code
  • Defining the Field Status Variants
  • Assigning the Field Status Variant to the company code
  • Defining the tolerance groups for the GL Accounts
  • Defining the tolerance groups for the employees
  • Assigning tolerance groups to the users
  • Defining the document type and post-period variant
  • Assigning the post-period variant to the company code
  • Open or Close the Posting Period Variant
  • Global Parameters
  •  Organization structure in the EC01
  • Sort key configuration in OB16

Module3: General Ledger Accounting

  • Creating the General Ledger Master FS00/FSP0/FSS0
  • Displaying, changing, Blocking, and Unblocking the general ledger master
  • Document Entry Posting and Posting with the Reference
  • Displaying and Changing the Documents
  • Editable Fields
  • Displaying the GL balances report
  • Displaying the GL account line items report
  • Parked and Hold Documents
  • Creating the Sample Document and Postings with the sample documents
  • Managing the prepaid expenses with the recurring Documents
  • Modifying the Line Layouts for displaying the GL variant creation, line items, and dynamic selections
  • Reversing the individual documents, reversal of the cleared items, mass reversal, and reversal of the accrual documents
  • Deferral and Accural Documents
  • Defining the exchange rate types and translation
  • Open Item Management Types of Clearing - Standard, Residual, and Partial
  • Account clearing F-03 and posting with the clearing F-0N differences with the GL tolerances OBXZ
  • GL open item and cleared item tables, master and transaction data tables
  • Interest calculations on term loans
  • Foreign Currency Revaluation for the open items and balances FAGL_FC_VAL, Posting the Realized gains or losses on the open items
  • Account Assignment Model FKMT
  • Mass Modifications in the line item Report
  • Kinds of chart of accounts and Reporting F01
  • Options from the selection parameter screen and editing options

Module4: Accounts Payable

  • Creating vendor account groups
  • Creating number ranges for the vendor account groups
  • Assigning the number ranges to the vendor account groups
  • Creating a tolerance group for the vendors
  • Creating vendor master XK01/FK01/MK01, sensitive fields in the master data and confirming FK08
  • Posting of the vendor transactions, Account clearing, and posting with the clearing on the vendor
  • Settings for the advance payments to the parties(down payment) and clearing of the down payment against the invoices(special GL transactions)
  • Vendor tolerances gain or loss postings OBXL
  • Creating payment terms and cash discounts with the installments
  • Automatic payment program configuration with the SEPA format
  • Bank master data and house banks
  • Executing F110 - main bank from F110 and bank clearing account posting from the F110 and the related tables.
  • Creating DME files in the XML and txt format and DME structure in the GDFF and DMEE file with AL11 path
  • Generating Payment advice, Payment advice by email, and generating payment summary
  • Reversal of the payment documents
  • Vendor Clearing - Standard, Residual, and Partial
  • Check payment methods and create the checks manually F-58 and automatically and printing
  •  Creating check lots and maintaining the check register
  • Check encashment dates
  • Canceling unissued and issued checks
  • Creating the void reasons
  • Cancel the payment and delete for the payment run
  • Deleting the voided checks and manual checks
  • Intercompany payments and trading partner - manual and automatic
  • Tables and Reports in AP and APP
  • ACH or Direct Debit
  • Payment order
  • Revaluating Foreign Currency on the vendor and the differences between unrealized and realized gain or loss
  • Different payment methods to the vendors, like docs

Module5: Accounts Receivable

  • Creating Customer Account Groups
  • Creating Number Ranges for the customer master records
  • Assigning number ranges for the customer account groups
  • Creating a tolerance group for the customers
  • Creating the customer master VD01/XD01/FD01 
  • Posting of the customer transactions, Account Clearing, and Posting with the clearing
  • Settings for the advance payment from the parties
  • Configuration Settings for the dunning and dunning letters emailed to the customers
  • Cash discounts
  • APP configuration for the customers
  • Customer Clearing - Standard, Partial, and Residual
  • Transaction Tables and Master Data
  • Customer Tolerances - OBXL
  • Customer line item interest calculation
  • Invoice or statement printing/correspondence - FB12 and F64

Module6: Bank Accounting

  • Electronic Bank Statement(EBS): Execution and Configuring MT940 with the main bank and the alternative bank account
  • EBS - Bank interest, Bank charges, and tax code posting with the search string
  • Auto Lockbox: Execution and Configuration
  • Cash journal
  • SAP query

Module7: Data Migration

  • LSMW(vendor, customer, Asset, and GL master data)
  • BDC(transaction data)

Module8: Asset Accounting

  • Defining the chart of the depreciation
  • Creating 0% tax codes for the sales and purchasing
  • Assigning the chart depreciation to the company code
  • Defining the account determination
  • Defining the Screen layout rules
  • Defining the number ranges for the asset classes
  • Integrating with General Ledger & Posting Rules
  • Defining the Depreciation Key
  • Defining the Multilevel Methods
  • Defining Period Control Methods
  • Creating primary and sub asset master records
  • Acquisting and Saling fixed assets
  • Transferring and Scrapping of Assets
  • Depreciation Run
  • Line Item Settlement of the assets while capital work construction in progress
  • Year-end activities
  • Asset Mass Changes
  • Reports and Tables
  • Asset Explorer, Asset Documents, and Asset History Report
  • Asset Revaluation or Impairment
  • Transaction Data and Master Data Tables
  • Manual Depreciation
  • Missed Depreciation or Unplanned Depreciation
  • Asset Shutdown
  • Asset Evaluation Groups
  • Depreciation with the repeat run

Module9: New General Ledger Accounting

  • Document Splitting
  • Parallel Ledgers

Module10: Reports

  • Financial Statement Version(FSV)

CONTROLLING

Module1: Fundamental settings for the Controlling

  • What is Controlling Area?
  • Defining Number ranges for the controlling area
  • Maintaining the Planning Versions

Module2: Cost Element Accounting

  • Creating Primary Cost Elements from the FI and CO
  • Manual and Automatic Creation of the Cost Elements
  • Displaying the cost element master records
  • Change cost element master records
  • Primary cost element categories
  • Secondary cost element categories
  • Default account Assignments

Module3: Cost Center Accounting

  • Creating Cost Centers and cost centers groups
  • Displaying and Changing the cost center master records
  • Creating center master groups
  • Actual posting to the cost centers
  • Reposting of the co-line items
  • Cost center hierarchy
  • Planning for the cost centers
  • Actual and variance reports

Module4: Period-End Activities

  • Statistical Key Figure
  • Creating and Executing the Distribution Cycle with or without SKF
  • Creating and Executing the Assessment cycles with or without SKF
  • Creating and Executing the Actual periodic reposting

Module5: Internal Orders

  • Defining the Order types
  • Creating internal order master records
  • Displaying and Changing the internal order master records
  • Postings to the internal orders
  • Planning for the internal orders
  • Reposting the co-line items for the internal orders
  • Reposting of the costs for the internal orders
  • Report of Variance Analysis for the internal orders
  • Creating the internet rate orders
  • Posting of the business transactions to the real orders
  • Defining the Allocation Structures and Settlement Profiles
  • Definition of the planning profiles
  • Settlement of the real internal orders
  • Availability Control and Budgeting
  • Maintaining the number ranges for the budgeting
  • Defining the tolerances for the availability control
  • Budget Manager
  • SAP Business Workplace

Module6: Profit Centre Accounting

  • Fundamental Settings for the Profit Centre Accounting
  • Creating Dummy Profot Centre
  • Maintaining Control Parameters for the actual postings
  • Maintaining planning versions for the profit centers
  • Maintaining the number ranges for the profit center documents
  • Creating and Displaying the profit center master records
  • Changing the profit center master records
  • Creating Revenue Cost Elements
  • Assigning Revenue Elements for the Profit Centers Automatically
  • Assigning the profit centers in the cost center master records
  • Creating the account groups in the profit center accounting for the planning
  • Planning for the profit and loss account items
  • Planning for the balance sheet items
  • Posting of the transactions into the profit centers
  • Creating the variance reports for the profit and loss account items
  • Creating the variance reports for the balance sheet items

Module7: Profitability Analysis

  • Maintaining Considerations
  • Defining the profitability segment characteristics
  • Assigning the Controlling area to the operating considerations
  • Activating Profitability Analysis
  • Defining the  number ranges for the actual postings
  • Mapping the SD conditions kinds of COPA value fields
  • Report Painter - Creating and Executing Reports in the CoPA with the sales, CoGS, and Freight, and Discount value fields
  • CoPA document generation from FI
  • PA Transfer Structure
  • CoPA Assessment

PRODUCT COSTING

Module1: Product Cost Planning

  • Creating Bill Materials
  • Creating activity-type master records
  • Planning for the activity hours
  • Activity type price calculation
  • Creating work center master records
  • Creating routings
  • Defining the cost sheet(overhead structures)
  • Assigning the cost sheet to the costing variant
  • Creating the cost estimate with the quantity structure
  • Marking
  • Releasing and Pricing the change document
  • Creating cost estimates with and without quantity structure
  • Cost estimation for the multiple materials
  • Cost estimate reorganization
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Hands-on SAP FICO Projects & Assignments

Our SAP FICO Training course aims to deliver quality training that covers solid fundamental knowledge on core concepts with a practical approach. Such exposure to the current industry use-cases and scenarios will help learners scale up their skills and perform real-time projects with the best practices.

    For Corporates

    Empower your team with new skills to Enhance their performance and productivity.

    Corporate Training

    • Customized course curriculum as per your team’s specific needs
    • Training delivery through self-Paced videos, live Instructor-led training through online, on-premise at Mindmajix or your office facility
    • Resources such as slides, demos, exercises, and answer keys included
    • Complete guidance on obtaining certification
    • Complete practical demonstration and discussions on industry use cases

    Served 130+ Corporates

    Corporate Clients

    SAP FICO Certification

    Shall I appear for SAP FICO certification exam after completion of SAP FICO course?

    Our SAP FICO course covers all the topics that are required to clear SAP FICO certification. Trainer will share SAP FICO certification guide, SAP FICO certification sample questions, SAP FICO certification practice questions.

    SAP FICO Certification demonstrates your expertise in SAP FICO. It acts as a proof of your skills and understanding of the SAP FICO module to advance your career.

    SAP offers various certifications for professionals seeking to validate their skills and knowledge in the SAP FICO (Financial Accounting and Controlling) module. Here are some of them:

    • C_TS4FI_2021 - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
    • C_TS4FI_2021 - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
    • C_TS4FI_2020 - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
    • P_S4FIN_2021 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)
    • P_S4FIN_2020 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts.

    Click here to know more.

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    User Testimonials

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    Course Reviews

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    Average Rating

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    Satisfied Learners

    Interactive and Intelligent trainer handled the SAP FICO course. He is probably the best we have in this domain. He helped me to learn ...

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    We take pride in being part of 5 lakh plus career transitions worldwide

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    Our work-support plans provide precise options as per your project tasks. Whether you are a newbie or an experienced professional seeking assistance in completing project tasks, we are here with the following plans to meet your custom needs:

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    SAP FICO Training Objectives

    What skills will you learn in this SAP FICO Training in Bangalore?

    This SAP FICO Training in Bangalore will cover a broad range of topics related to financial accounting and controlling processes within an organization. Here are some key areas that you can expect to learn:

    • Overview of SAP ecosystem and its various modules.
    • Understanding the structure of general ledger accounting.
    • SAP FICO configuration.
    • Learn to manage master data.
    • Master cost center accounting and profit center accounting. 
    • Track and manage fixed assets within an organization.

    In general, it is helpful to have a basic understanding of financial concepts and principles to attend SAP FICO training. 

    The SAP FICO training in Bangalore is specially designed for anyone interested in or already working in finance, accounting, or IT to enhance their skills in SAP FICO. 

    Here are some professionals who benefit from enrolling in this course:

    • SAP end users
    • Finance and accounting professionals
    • IT professionals
    • Aspiring SAP FICO Consultants 

    The following reasons help you understand why enrolling in MindMajix’s SAP FICO online classes in Bangalore is beneficial:

    • Expert instructors: Enrolling in our SAP FICO online classes in Bangalore provides access to expert instructors who have industry practical experience.
    • Access to comprehensive SAP FICO curriculum: This SAP FICO Training is designed to cover a comprehensive curriculum, including all core topics and modules within the SAP FICO.
    • Certification preparation: After completing this course, our experts provide guidance and support for certification preparation to increase your chances of securing a job in the market.
    • Gain hands-on experience: This online training provides access to the SAP FICO system for hands-on practice. This involves working with practical exercises, real-time projects, and case studies.
    • Flexible: This online course allows you to learn SAP FICO from the comfort of your own pace. The training can be delivered in both self-paced learning modules and instructor-led, live sessions.

    Bangalore is the major hub for IT and business services in India. Many top multinational companies are investing in SAP, and this creates a robust job market for SAP FICO professionals in Bangalore. Professionals who stay updated with the latest market trends and best practices can improve their chances of securing desired job roles in SAP FICO with lucrative packages.

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    SAP FICO Training FAQs

    What is SAP FICO?

    SAP FICO (Financial Accounting and Controlling) is a module within the SAP system that emphasizes financial accounting and management accounting procedures. Organizations can use it to manage their financial transactions, analyze financial data, and make informed business decisions.

    The cost of SAP FICO training in Bangalore can vary depending on the level of the training (beginner, intermediate, advanced) and the mode of training (self-paced / instructor-led) you choose. It’s recommended to contact our support system to gather information about our SAP FICO training programs and their associated costs.

    Yes, there is a great demand for SAP FICO (Financial Accounting and Controlling) skills in the job market. SAP FICO is a widely used module in the SAP system, and many companies rely on it for their financial management processes.

    The average salary for an SAP FICO Consultant in Bangalore is approximately INR 6 lakhs per annum.

    If you have a background in finance or accounting, you may find it easier to grasp the concepts and principles underlying SAP FICO. 

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