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SAP FICO stands for A (financial accounting), CO (controlling). SAP FICO is an important module of ERP, both the FICO modules store financial transaction data.
SAP FICO training materials teach you in an easy method with screen shots, step by step. The SAP FICO module is very robust and covers almost all business processes encountered in various industries.
It is one of the most important and widely implemented modules in SAP. The course is designed for SAP beginners and SAP professionals so that you can configure and implement SAP FICO step by step.
SAP FICO Training – Master Financial Accounting & Controlling with SAP ERP
SAP FICO (Financial Accounting & Controlling) is one of the most critical modules in **SAP ERP**, helping businesses manage financial transactions, reporting, and cost accounting efficiently. The SAP FICO Training at Insta InfoTech® is designed to equip professionals with hands-on experience in financial management, cost controlling, asset accounting, and tax reporting.
Why Learn SAP FICO?
SAP FICO is a globally recognized financial management tool used by top companies. It helps in efficient financial reporting, regulatory compliance, and cost control, making it an essential skill for finance professionals, accountants, and auditors.
What You Will Learn:
1. Introduction to SAP FICO & ERP
- Overview of SAP ERP & SAP FICO Module
- Understanding Financial Accounting (FI) & Controlling (CO)
- SAP FICO Architecture & Integration with Other Modules
2. General Ledger (GL) Accounting
- Chart of Accounts, Company Code & Business Areas
- Document Posting & Reversal
- Financial Statements – Balance Sheet & P&L Account
3. Accounts Payable (AP) & Accounts Receivable (AR)
- Vendor & Customer Master Data Management
- Invoice Processing & Payment Handling
- Credit & Debit Notes Processing
4. Asset Accounting (AA)
- Asset Master Data Management
- Depreciation Calculation & Posting
- Asset Retirement & Transfers
5. Cost Center & Profit Center Accounting
- Cost Center Planning & Budgeting
- Internal Orders & Activity-Based Costing
- Profitability Analysis & Reporting
6. Taxation & Compliance in SAP
- GST, VAT & Withholding Tax Configuration
- Tax Calculation & Reporting in SAP
- Legal & Regulatory Compliance
7. SAP FICO Reports & Analytics
- Financial Reporting & Reconciliation
- SAP FICO Report Generation & Customization
- Data Analysis for Business Decision-Making
8. SAP FICO Implementation & Real-Time Scenarios
- Configuration & Customization of SAP FICO
- End-to-End Business Process Implementation
- Case Studies & Real-World Applications
- What is SAP?
- What is ERP?
- What is SAP FICO?
- What is the use of SAP FICO?
- What is SAP Functional Modules.
- What are Accounts?
- What are basic terms?
- What are Golden rules.
- Define Company
- Define Company Code
- Assign Company Code to Company
- Define Business Area
- 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 Document Types
- Define Document Number Ranges
- Info about tolerance group
- Define Tolerance Group for Employees
- Define Tolerance Group for G/L Accounts
- Define Chart of Accounts
- Assign Company Code to Chart of Accounts
- Define Retained Earnings Account
- Define Account Groups
- Create General Ledger Account
- Define Document Type
- Accounting Entries
- Check Balance
- What Is Vendor?
- 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
- Create Vendor Master Data
- change Vendor Master Data
- Create Vendor Master Data
- Create Vendor Document Type (Vender Invoice (KR)
- Create Purchase Account
- Entry Posting of Vendor
- Check Balance of Vendor
- Check Balance of all ledgers
- Check Balance Sheet of Vendors
- Vender Payment
- Create Bank Account
- What Is Customer?
- Create Customer Account Groups
- Create Number Ranges for Customer Accounts
- Assign Number Ranges to Customer Account groups
- Define Tolerances Group for Customer
- Create Customer Master Record
- change Costumer Master Data
- Create Costumer Master Data
- Create Customer Document Type and customer Invoice (ZR)
- Create Sale Account
- Entry Posting of Costumer
- Check Balance of Costumer
- Check Balance of all ledgers
- Check Balance Sheet of Costumer
- Costumer Payment receivable
- Create Bank Account
- What Is Gst?
- Type Of Gst.
- Define condition types for GST
- Define account keys in for GST
- Define tax calculation procedure for GST
- Assign country to GST tax calculation procedure
- Create GST Tax Codes
- Define G/L Accounts for Account Determination
- Assign GL Accounts to Account Keys (Account Determination)
- Gst Entry Posting with Vendor
- Gst Entry Posting with Costumer
- What Is Interest?
- Define The Interest Calculation Procedure
- Prepare Account Balance Interest Calculation
- Define Reference Interest Rates
- Define Time based terms
- Enter interest values
- Create G/L Accounts
- Prepare G/L Accounts Balance Interest Calculation Procedure
- Post a G/L Documents
- Result of the above settings
- 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 the 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

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