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Course type: Online Instructor led Course

Platform: Goto Meeting

Course ID: 17044

Course type: Online Instructor led Course

Platform: Goto Meeting

Sekhar picture
No Reviews Yet

About the Course

What is SAP FICO ?

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 FI can primarily be divided into General Ledger Accounting (G/L), Accounts Receivable and Accounts Payable(AR/AP) processing, and Fixed Asset Accounting(AA).
SAP Controlling (CO) 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).

Topics Covered

A. Components of Financial Accounting (FI)
Organizational Elements/Basic Settings
General Ledger (FI-GL)
Accounts Payable (FI-AP)
Accounts Receivable (FI-AR)
Bank Accounting (FI-BL)
Asset Accounting (FI-AA)
Special Purpose Ledger (FI-SL)
1. Organizational Elements/Basic Settings
Company Code
Business Area
Chart of Accounts
Variant Principle
Fiscal Year Variant
2. General Ledger (FI-GL)
G/L Master Records
Account Groups
Reconciliation Accounts
Document Control Overview
Automatic Account Assignments
TAX Procedures
3. Accounts Payable (FI-AP)
Vendor Master Records
Account Groups
Integration with Materials Management
Document Control Overview
Automatic Account Assignments
TAX Procedures
Payment Procedures
4. Accounts Receivable (FI-AR)
Customer Master Records
Account Groups
Integration with Sales & Distribution
Document Control Overview
Automatic Account Assignments
TAX Procedures
Credit Management
Dunning Procedures
5. Bank Accounting (FI-BL)
Bank Master Records
Bank G/L Accounts
Cash Ledgers
Bank Reconciliation
Automatic Account Assignments
6. Asset Accounting (FI-AA)
Asset Master Records
Asset Class
Depreciation Areas
Document Control Overview
Automatic Account Assignments
TAX Procedures
Depreciation Run
7. Special Purpose Ledger (FI-SL)
Reporting Requirements
Characteristics & Key Figures
Table Requirements
Adjustment Postings
Validations, Substitutions and Rules
Sets & Variables
B. Components of Controlling (CO)
Cost Element Accounting (CO-OM-CEL)
Cost Center Accounting (CO-OM-CCA)
Internal Orders (CO-OM-OPA)
Profit Center Accounting (EC-PCA)
Activity-Based-Accounting (CO-OM-ABC)
1. Cost Element Accounting (CO-OM-CEL)
Different categories of Cost Elements
Automatic Creation of Cost Elements
Various uses of Cost Elements
2.Cost Centre Accounting (CO-OM-CCA)
Overview of Controlling
CO Components
Cost Centres
Standard Hierarchy
Cost Centre Groups
Account Assignments
Assessment, Distribution & Reposting
Period-End Closing
3. Internal Order (CO-OM-OPA)
Overview of Internal Order
Order Master Records
Order Settlement
Period-End Closing
4. Profit Centre Accounting (CO-PCA)
Overview of Profit Centre Structure
Standard Hierarchy
Profit Centre Assignments
Profit Centre Analysis
5. Activity Based Accounting (CO-OM-ABC)
Activity Profiles
Push & Pull Approach
Business Profiles.

Who should attend

Guys from Accounting Background


Basic Knowledge of accounts.

What you need to bring

Just need an internet connection.

Key Takeaways

Good understanding of FICO.

Date and Time

Not decided yet.

About the Trainer

Sekhar picture

Avg Rating





SAP ABAP Consultant

Mr.Sekhar has been working in SAP ABAP From last 7 yrs and he is Certified ABAP Consultant.. Specialized in SAP ABAP, Webdynpro, OOPs, Workflow Areas and has a track record of completing 250 batches till now from last 4 yrs with us.


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