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.

Agile & Scrum

About SAP FICO Course in Noida

SAP FICO training in Noida, delivered by MindMajix, is designed to train you on handling real-world finance accounting and reporting tasks. In this SAP FICO training, you will master all the implementation steps and methodologies for configuring SAP FI and CO modules for any organization.

During this SAP FICO course, you will get 30 Hrs of virtual classroom training sessions, real-time projects, interactive lab sessions, and Lifetime access to LMS to execute fundamental business tasks and processes in system organizational units and clear the SAP FICO certifications:  SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7(C_TFIN22_67), and SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7(C_TFIN52_67). Join our SAP FICO online training to master the business processes of different industries.

SAP FICO Training
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Course Coverage

SAP FICO Training in Noida Course Content

Our SAP Course Curriculum is designed to help you in creating and handling financial statements for reporting and analysis and allow you to make decisions and business planning efficiently. Go through the following SAP FICO course modules:...

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.

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    User Testimonials

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    Course Reviews

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    Average Rating

    98 %

    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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    Job Assistance Program

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

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    Job Support Program

    Online Work Support for your on-job roles.

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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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    • Pay Per Week
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    Many professionals transformed careers with better pay and higher positions.

    76% of learners got 5x hike

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    68% of learners got promoted

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    83% of learners got certified

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    Senior Engineer to Network Engineer

    Arka Basak is now working for Conentrix as a Network Engineer, who took VAPT Training from MindMajix while he was working for CSS Corp as a Senior Engineer. 

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    SAP FICO Training Objectives

    What are the main objectives of this SAP FICO training in Noida?

    The main objective of this SAP FICO training in Noida is to get you trained on handling accounting-related business requirements. It allows you to identify and analyze the needs of any organization to record the report process cycle and configure the SAP FICO modules. With our instructor-led training sessions, interactive training sessions, comprehensive course curriculum,  and industry experts, you can advance your career to the next level. 

    Individuals who want to join this SAP FICO online training should have a good knowledge of the finance and accounting aspects of an organization.

    This SAP FICO training is helpful for Data Analysts, BI Developers, Project Managers, IT professionals, and anyone who wants to learn SAP FICO.

    SAP FICO is an essential core functional element in the SAP ERP Central Component, enabling us to handle our financial data. It allows the organization for storing a complete version of the financial transaction data. The primary purpose of SAP FICO is to help organizations create and handle financial statements for reporting and analysis and to help in efficient business decision-making and planning. SAP FICO contains two sections, SAP Finance(FI) and SAP Controlling(CO). SAP FI handles overall financial accounting and reporting, while SAP CO emphasizes monitoring and planning costs. SAP FICO is utilized by more than 4lakh organizations across 180 different countries. As per Ziprecruiter.com, the average salary of an SAP FICO Consultant in the US is around $125K per annum.

    In this SAP FICO course, you will master the following skills:

    1. Creating Transport Requests
    2. Assigning Company to company code
    3. Assigning post-period variant to company code
    4. Creating the General Ledger Master
    5. Modifying and Displaying the Documents
    6. Creating the vendor account groups
    7. Creating the payment terms
    8. Assigning the number ranges for customer account groups
    9. Posting the Customer Transactions
    10. Assigning Chart Depreciation.
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    SAP FICO Training FAQs

    What is SAP FICO?

    SAP FICO is the critical functional element in the SAP ERP central component, enabling the organization to handle all its financial data. It also allows the organization to store the entire version of its financial data.

    SAP FICO is a module that acts as a financial accounting tool, helping enterprises in handling their accounting process. SAP FICO is available and suitable to achieve sensitive company data like accounting and payroll records.

    Every SAP FICO Consultant should have extensive knowledge of business processes and Cross SAP Module Integration. He should have the capability to work analytically in a problem-solving environment.

    SAP FICO certification validates that the candidate has proven expertise and good knowledge in the domain of SAP Financial Accounting.

    The following are the available certifications of SAP FICO:

    1)  SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7(C_TFIN22_67)

    2)  SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7(C_TFIN52_67)

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