SAP FICO Training in Lucknow, Kanpur



SAP FICO Training in Lucknow & Kanpur



NAS Solution’s SAP FICO Training makes you an expert in Finance and Controlling, which is a complete financial management solution that helps to integrate the accounting side of a business.

Whenever you search on the Internet about SAP FICO training in Lucknow or Kanpur you will see a software for financial Accounting and Controlling, but that’s not all. SAP Financial Accounting is the most advanced software that controls all the financial transactions data within an ERP system. SAP FICO module refers to the Finance (FI) and Controlling (CO) modules of SAP ERP system. FI and CO are the core modules of SAP. They are tightly integrated with Sales and Distribution Module (SD) and Materials management (MM) module.

SAP Financial Accounting (FI) is the core module where all the financial processing transactions are captured. This is the module that is used to create statutory Financials Statements for external reporting purposes. Functions in SAP FICO can primarily be divided into General Ledger Accounting (G/L), Accounts Receivable and Accounts Payable (AR/AP) processing, and Fixed Asset Accounting (AA). You can pick up details of SAP FI module in SAP FICO Training provided by NAS Solutions SAP Training Institute in Lucknow. SAP FICO module as the term suggests deals in managing financial transactions within enterprises. This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system. This module functions very well for reporting requirements. The SAP FI module is very flexible and is functions well in any type of economic situation. Be it a smaller organization or a larger organization, SAP implementation helps in consolidating data for diverse business transactions and legal requirements. Financial Accounting module helps one to get real-time financial position of an enterprise in the market. SAP FI incorporates with other SAP modules such as SAP SD, SAP MM, SAP PP, Payroll and more for better work results.

SAP (CO) Controlling module helps provide operational information to the management of a company to support business analysis and decision-making. CO represents the internal accounting viewpoint of an organisation. It provide information to managers to help manage costs and operations of the organization. SAP refers External Accounting as “Financial Accounting” (SAP-FI) while Internal Accounting is referred as Managerial Accounting (SAP-CO). SAP CO module is another important SAP modules offered to enterprises. The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. It involves methods to view and organize costs that are required for financial reporting. Controlling module enables one to plan, track, perform and report about costs. Controlling includes managing and configuring master data that covers cost elements, cost centres, profit centres, internal orders, and functional area and so on. You can learn more on this subject with the SAP FICO training from the NAS Solutions Lucknow Institute.

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SAP FICO (FINANCE & CONTROLLING) MODULE



MODULE -1. SAP FI – ORGANIZATION STRUCTURE

  • Define Company
  • Define Company Code
  • Create new companies by copying existing company code
  • Assign Company Code to Company
  • Define Business Area
  • Define Functional Area
  • Define Credit Control
  • Assign Company Code to Credit Control

MODULE -2. FINANCIAL ACCOUNTING & GLOBAL SETTING

  • Maintain Fiscal Year Variant
  • Assign Company Code to Fiscal Year Variant
  • Define variants for Open Posting Periods
  • Open and Close Posting Periods
  • Assign Posting Period Variant to Company Code
  • Define Field Status Variants
  • Assign Company Code to Field Status Variants
  • Define Posting Keys
  • Define Document Types
  • Define Document Number Ranges
  • Define Tolerance Group for Employees
  • Define Tolerance Group for G/L Accounts
  • Assign Users to Tolerance Group
  • Global Parameters for Company Code
  • Define Additional Local Currencies for Company code

MODULE -3. SAP FI – GENERAL LEDGER

  • Define Chart of Accounts
  • Assign Company Code to Chart of Accounts
  • Define Account Groups
  • Define Retained Earnings Account
  • Define sample account rule types
  • Define data transfer rules
  • Assign company code to rule type
  • Create Sample Account
  • Create General Ledger Account

MODULE – 4. TAX CONFIGURATION

  • Tax calculation procedure Tax condition types
  • Assign country to calculation procedure
  • Jurisdiction code structure
  • Maintain Tax code
  • Allow tax codes for nontaxable transactions

MODULE – 5. SAP FI – ACCOUNTS PAYABLE

  • Create Vendor Account Groups
  • Create Number Ranges for Vendor Accounts
  • Assign the number ranges to Vendor account groups
  • Create Sundry Creditors Account
  • Define Tolerances Group for Vendors
  • Vendor Payment Terms
  • Create Vendor Master Data
  • Automatic Payment Program

MODULE – 6. SAP FI – ACCOUNT RECEIVABLE

  • Create Customer Account Groups
  • Create Number Ranges for Customer Accounts
  • Assign Number Ranges to Customer Account groups
  • Define Tolerances Group for Customer
  • Customer Payment Terms
  • Create Customer Master Record
  • Dunning procedure configuration

MODULE -7. BANK ACCOUNTING

  • Create bank key
  • Define House bank
  • Global Settings for Electronic Bank Statement

MODULE -8. TREASURE MANAGEMENT

  • Define Lockboxes
  • Define lockbox posting data
  • Define source symbols

MODULE -9. SAP FI – ASSET ACCOUNTING

  • Chart of Depreciation
  • Assign Chart of Depreciation to Company Code
  • Specify Account Determination
  • Create Screen Layout Rules
  • Maintain asset number ranges
  • Define Asset Classes
  • Determine Depreciation area in the Asset Class
  • Assignment of General Ledger Accounts
  • Define Screen Layout for Asset master data
  • Define Screen Layout for Asset Depreciation Areas
  • Maintain Depreciation key

MODULE -10. INVESTMENT MANAGEMENT

  • Define investment program types
  • Assign program types to operative objects
  • Define Investment Profiles
  • Define Investment Plan Profiles
  • Define budget profile
  • Define Budget Categories