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www.magnifictraining.com - "SAP FICO Finance(FI) and Controlling(CO)" Online Training contact " Online Training contact us:info@magnifictraining.com or 919052666559 By Real Time Experts from Hyderabad, Bangalore,India,USA,Canada,UK, Australia,South Africa. SAP FICO One of the foremost and spicy modules of SAP is (FICO) or Financials and controlling module. Lots of users value more highly to dive into the venture for obtaining SAP FICO online training completely. This is often splendidly accepted as an awfully hot and spicy section of SAP and many learners value more highly to endure its technical training. It covers the best technical aspects i.e. Book keeping and management of your business. Lots of organizations are conducting crash SAP FICO training courses to coach their staff. Moreover, the IT department has lots of superlative FICO connected jobs for all those of us who grasp ins and outs of FICO. Introduction to SAP FICO SAP stands for Systems, Applications and Products in Data Processing. It is also called ERP software or ERP package. ERP stands for Enterprise Resources Planning. It is the process of planning for the effective utilizations of the available resources of the company to maximize the profits. Every company will have the following resources. 1. Men 2. Materials 3. Machines 4. Money. These are the natural resources and they are not available to the companies plenty. So with the limited resources they want to maximize the profits. For this purpose the company has to plan the utilizations of these resources in such a way that the profits are maximized. So the concept of ERP covers the techniques and procedures which help the business organization to maximize the profits by enabling them to utilize the available resources in the most effective manner.
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SAP FICO ONLINE TRAINING IN SINGAPORE • What is SAP FI ? • 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 andAccounts Payable(AR/AP) processing, and Fixed Asset Accounting(AA). We will pick up details of SAP FI module in another blog post.
SAP FICO ONLINE TRAINING IN CANADA • What What is 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 refers External Accounting as “Financial Accounting”(SAP-FI) while Internal Accounting is referred as Managerial Accounting(SAP-CO).
SAP FICO ONLINE TRAINING IN CANADA • SCREEN SHOT FICO:
SAP FICO ONLINE TRAINING IN HYDERABAD • 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.
SAP FICO ONLINE TRAINING CERTIFICATION IN UK 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
SAP FICO ONLINE TRAINING IN BANGALORE 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: • 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 IN UK • SAP FICO Online Training Course Content • SAP FICO Basic Settings :Creations companyCompany codeAssign company code to companyBusiness areaFiscal year variantAsian fiscal year variant to company codeChart of accountsAccounts GroupRetained earning accountPosting period variantDocument Types and no rangesFiled status variantTolerance groupPosting Keys
SAP FICO ONLINE TRAINING IN UK • GENERAL LEDGER:GL master recordPosting of documentDisplay balances of GLParking, holdAccrual, sample documentsDeferral documentsForeign exchangeReversal of documentsInterest calculationCash managementBank reconciliation
SAP FICO ONLINE TRAINING COURSES IN NEWZLAND • ACCOUNTING PAYABLE:Vendor groups(MM and FICO vendors)No. ranges for vendor accountsTolerance group for vendorsHouse bankCorrespondenceAutomatic payment programExtended with holding taxTerms of paymentsDown Payment MadeCash discount (received)
SAP FICO ONLINE TRAINING CLASSES IN BANGALORE • ACCOUNT RECEIVABLE:Customer group (SD and FI/CO customers)No. ranges for customers accountsCustomer master recordsDown Payment ReceivedDunningCash discount (CIN version)Bills of exchangeTreasury management
SAP FICO ONLINE TRAINING IN SOUTH AFRICA • ASSET ACCOUNTING:Chart of depreciationAccount determinationScreen layoutAsset classesIntegration with FIDepreciation methodsDepreciation keysAsset masterSub Asset MasterAsset reportDepreciation run
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