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 SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data.  SAP FICO training materials teaches you in a easy method with screen shots step by step. Tutorials is designed for SAP beginners and SAP professionals that you can configure and implement SAP FICO step by step.  Check below SAP FICO module syllabus and select each topic one by one for better learning.

 What What is SAP CO ?SAP CO  SAP 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 organization. It provide information to managers to help manage costs and operations of the organization. SAP Controlling  SAP refers External Accounting as “Financial Accounting”(SAP-FI) while Internal Accounting is referred as Managerial Accounting(SAP-CO).Managerial Accounting

 Asset Accounting Defining chart of depreciation Defining account determination, screen layout, number ranges and asset classes. Integration with General Ledger & Posting rules Creation of asset master and sub asset master (change/display/block/unblock) Defining Depreciation key (base, declining, multilevel, period control methods) Acquisition or purchase of assets, sale of assets Scrapping of assets, Transfer of assets Post Capitalization and write up Depreciation run Line Settle of assets under construction of capital work in progress

 SCREEN SHOT FICO:

 What is SAP FICO Module ?  This is not a question that an interviewer would ask to any SAP FICO job aspirant. Obviously, you should be updated about SAP FICO module while applying for a job in this domain. Still it is never too late to revise the terms.  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.Materials management

 CONTROLLING Basic settings for controlling Defining Controlling Area Defining Number ranges for Controlling Area Maintain Planning Versions Creation of Primary and Secondary Cost Elements Creation of Cost Element Groups primary cost element categories and secondary cost element categories

SAP FI Certification :  This page is intended to serve as a starting point for everyone who wants to pass SAP FI Certification or for those who are just curious about SAP FI (Financial Accounting) and SAP certification. SAP ERP (Enterprise Resource Planning) system consists of a number of modules. Each of the modules covers certain business area of a company that uses SAP

There are modules for Materials Management, Controlling, Production Planning, Sales & Distribution, Business Intelligence, Human Resources, etc. SAP FI is one of those modules and it was designed to facilitate the following business processes in an enterprise:Materials ManagementSales & DistributionBusiness IntelligenceHuman Resources  General Ledger (FI-GL)  Accounts Payable (FI-AP)  Accounts Receivable (FI-AR)  Bank Accounting (FI-BL)  Asset Accounting (FI-AA)  Funds Management (FI-FM)  Travel Management (FI-TV)  Special Purpose Ledger (FI-SL)

 SAP FICO Online Training Course Content  SAP FICO Basic Settings : Creations company Company code Assign company code to company Business area Fiscal year variant Asian fiscal year variant to company code Chart of accounts Accounts Group Retained earning account Posting period variant Document Types and no ranges Filed status variant Tolerance group Posting Keys

 GENERAL LEDGER: GL master record Posting of document Display balances of GL Parking, hold Accrual, sample documents Deferral documents Foreign exchange Reversal of documents Interest calculation Cash management Bank reconciliation

 ACCOUNTING PAYABLE: Vendor groups(MM and FICO vendors) No. ranges for vendor accounts Tolerance group for vendors House bank Correspondence Automatic payment program Extended with holding tax Terms of payments Down Payment Made Cash discount (received)

 ACCOUNT RECEIVABLE: Customer group (SD and FI/CO customers) No. ranges for customers accounts Customer master records Down Payment Received Dunning Cash discount (CIN version) Bills of exchange Treasury management

 ASSET ACCOUNTING: Chart of depreciation Account determination Screen layout Asset classes Integration with FI Depreciation methods Depreciation keys Asset master Sub Asset Master Asset report Depreciation run

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