SAP FICO Training

Get Your Dream Job With Our SAP FICO Training .

Enroll Now

SAP FICO course overview

Detailed Overview

 

SAP FICO Training is a comprehensive program designed to provide participants with a deep understanding of financial accounting and controlling processes within the SAP ERP system. This course covers essential aspects of managing financial data and controlling business processes.

 

What is SAP FICO

 

SAP FICO, which stands for Financial Accounting and Controlling, is a module within SAP ERP that helps organizations effectively manage their financial and accounting processes. It covers areas such as financial accounting, financial reporting, cost accounting, and more.

 

Services provided by SAP FICO

 

This training program offers a range of services, including hands-on practice, real-world case studies, and access to experienced trainers. Participants will gain practical experience in utilizing SAP FICO for financial management.

 

Career Path

 

Upon completing the SAP FICO training, individuals can pursue various career paths, including SAP FICO Consultant, Financial Analyst, Cost Accountant, or Financial Controller.

  

Who Should Attend

 

This course is ideal for finance professionals, accountants, auditors, and anyone looking to enhance their skills in financial management using SAP FICO.

 

What You'll Learn and Skills You'll Gain

 

Participants will acquire in-depth knowledge of SAP FICO functionality, including financial accounting, cost management, and financial reporting. They will develop skills in financial data analysis, cost control, and financial strategy.

 

Certification Path

 

Upon completion of the course, participants can earn a career certificate from HKRTrainings, showcasing their expertise in SAP FICO.

 

Earn a Career Certificate from HKRTrainings
 

Upon successful completion of the SAP FICO Training, participants will be presented with a distinguished career certificate from HKRTrainings. This certificate is a validation of your expertise in SAP FICO and serves as a testament to your skills in financial accounting and controlling.

 

Which Certification You Can Clear After Completion of Our Training
 

After completing our SAP FICO Training, participants can pursue relevant certifications that validate their skills in SAP Financial Accounting (FI) and Controlling (CO). Key certifications related to SAP FICO include:

  • SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 1909): This certification validates your knowledge in Management Accounting within the SAP S/4HANA environment.
  • SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909): Focused on Financial Accounting, this certification demonstrates your proficiency in SAP S/4HANA for Financial Accounting.

Earning these certifications not only enhances your professional standing but also provides formal acknowledgment of your SAP FICO skills, aligning with the latest advancements in SAP technology.

 

Advantages

 

  • Stay informed about industry trends and best practices in financial management.
  • Practical training with real-world scenarios and projects.
  • Access to top-notch trainers and a supportive community.
  • Placement support to accelerate your career in finance.
  • Certification support to help you clear relevant exams.

 
Industry Trends

 

SAP FICO is at the forefront of financial management solutions, and it's crucial to stay updated with the latest trends and innovations in this field.

 

Future of SAP FICO

 

The future of SAP FICO is promising as organizations continue to rely on advanced financial management tools for effective decision-making and compliance with regulations.

 

Key Features

 

  • Interactive online training sessions.
  • Practical exercises and assignments.
  • In-depth understanding of SAP FICO modules.
  • Comprehensive study materials and resources.

 

Roles Related To SAP FICO

 

  • SAP FICO Consultant
  • Financial Analyst
  • Cost Accountant
  • Financial Controller

 
Placement Support

 

We provide placement support to help you secure a rewarding position in financial management after completing the training.

 

Certification Support

 

Our team is dedicated to supporting you in achieving SAP FICO certification after the training.

 

Top Companies Using SAP FICO
 

SAP FICO is integral to the financial processes of numerous organizations globally. Some of the top companies leveraging SAP FICO include:

  • SAP SE
  • Accenture
  • Deloitte
  • IBM
  • Capgemini
  • Infosys
  • Tata Consultancy Services (TCS)
  • Cognizant
  • Wipro
  • Hewlett Packard Enterprise (HPE)

 

Top Hiring Companies for Professionals
 

Professionals with SAP FICO expertise are in high demand, and several top companies actively seek individuals with skills in SAP FICO. Some of the top hiring companies include:

  • SAP SE
  • Accenture
  • Deloitte
  • IBM
  • Capgemini
  • Infosys
  • Tata Consultancy Services (TCS)
  • Cognizant
  • Wipro
  • Hewlett Packard Enterprise (HPE)

 

Advantages of Our Training

 

  • Extensive coverage of SAP FICO modules.
  • Guidance from industry-experienced trainers.
  • Flexible training schedules.
  • Hands-on application of knowledge.
  • Career support and guidance.

 
Tools Covered

 

  • SAP Financial Accounting (SAP FI)
  • SAP Controlling (SAP CO)
  • SAP Asset Accounting
  • SAP Accounts Payable
  • SAP Accounts Receivable

 
What You Will Learn

 

Participants will learn to configure and use SAP FICO modules, perform financial data analysis, manage costs, and make data-driven financial decisions.

 

Why Should You Take Training With Us

 

  • Comprehensive curriculum designed by industry experts
  • Practical, hands-on training with real-time projects
  • Interactive and engaging learning sessions
  • 24/7 access to course materials and resources
  • Personalized guidance and support from experienced trainers

 

Who Are Trainers in HKRTrainings

 

Our trainers are experienced professionals with extensive knowledge in financial accounting and SAP FICO.

 

Course Highlights

 

  • Hands-on exercises and real-world case studies.
  • Certification preparation support.
  • Practical application of SAP FICO concepts.

 

What Is Training Cost

 

The training cost at HKR Trainings varies based on several factors such as the specific course chosen, the duration of the program, the mode of training (self-paced, one-to-one, corporate), and any ongoing discounts or offers.

HKR Trainings aims to provide the most affordable prices for their courses, making sure that quality education and practical learning experiences are accessible to everyone. There are multiple payment options and occasional discounts that may be offered for the courses.

The exact training cost details for specific courses can be obtained by directly reaching out to HKR Trainings through the website, contacting the support team, or checking the course catalog for pricing information. Transparent information about the cost of each course is typically provided by them to help learners make informed decisions.

 

Training Path

 

The training path includes a structured curriculum, practical sessions, and certification preparation.

 

PayScale of Professionals

 

Professionals with expertise in SAP FICO are highly sought after and often command competitive salaries. The salary for SAP FICO professionals can vary depending on factors like experience, location, and the specific role. Here's an overview of potential salary ranges for different roles related to SAP FICO:

 

  • SAP FICO Consultant: On average, SAP FICO Consultants earn a salary ranging from $80,000 to $120,000 per year. This figure can be significantly higher for experienced consultants and in regions with a higher cost of living.
  • Financial Analyst: Financial Analysts with SAP FICO skills typically earn between $60,000 and $100,000 annually. The exact salary depends on the complexity of the role and the level of experience.
  • Cost Accountant: Cost Accountants specializing in SAP FICO often earn salaries between $60,000 and $110,000 per year, with potential for higher earnings as they gain experience.
  • Financial Controller: Financial Controllers with SAP FICO expertise can expect salaries in the range of $90,000 to $150,000 per year. The salary can vary based on factors such as the size of the organization and industry.

 

Official References

 

  • SAP Official Website: For official documentation, product information, and resources related to SAP FICO, visit the SAP FICO page on the SAP website.
  • Community Link: You can usually find the official community for SAP products on the SAP Community website. Visit the SAP Community website and navigate to the relevant forums or community sections related to SAP FICO. There, you can engage with experts and fellow professionals.
  • Documentation Link: To access official documentation for SAP FICO, you can typically find it on the SAP Help Portal. Visit the SAP Help Portal and search for SAP FICO documentation. You can explore user guides, installation guides, and other technical documentation.
  • Register for Certification Link: To register for SAP FICO certification exams, you should visit the SAP Training and Certification website. Go to the SAP Training and Certification website and search for SAP FICO certification exams. You can register for exams, find exam details, and access study materials.

 

Recent Tech-Related News

 

Stay informed about the latest developments in SAP FICO and financial management.

 

Follow-On Courses

 

Explore advanced courses and certifications to further enhance your skills in financial accounting and controlling.

Prerequisites

To apply for the SAP FICO Training, you need to either:

  • Aspiring learners who want to join the SAP FICO Training should have a basic understanding of accounting and finance concepts. 
  • Moreover, candidates from Arts, Finance, Accounts, and MBA backgrounds can easily take this course.

SAP FICO Training Objectives

Upon successful completion of SAP FICO Course Online at HKR, you will learn the following things.

  • Learn about the SAP FICO organizational structure in depth.
  • Gain proficiency in handling the financial reports in SAP FICO.
  • Understand and explore the key functionalities of SAP FICO like profitability analysis, assets and banking account, accounts receivable and payable, general ledger accounting, etc.
  • You will be responsible for maintaining the ledgers and financial statements related to the enterprises.

The SAP FICO course benefits for the following list of professionals.

  • Software developersFICO Consultant
  • SAP FICO – Project Manager
  • SAP Financial Accounting & Operations
  • SAP FI General Ledger
  • Financial Analyst/Financial Modeling/Corporate Finance Equity Analyst
  • Research Analyst
  • Who are aspiring to learn SAP FICO

  • There are no special requirements to take up this course. The one who is interested in enhancing their career and critical skills in SAP FICO can attend the course.
  • The candidates with a background in arts, accounting, MBA also can take up this SAP FICO training course.

SAP FICO Training Content

SAP FICO Course is specifically designed for SAP beginners and SAP professionals to enable them to configure and implement SAP FICO step by step.

  • What is SAP

  • What is ERP

  • What is SAP FICO

  • Accounting Entries in SAP

  • 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

  • Define Segments

  • Define Financial Management Area

  • Enterprise Structure Transaction Codes

  • Activate new General Ledger Accounting

  • 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

  • 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

  • Accounting Entries in SAP

  • Define Financial Statement Versions

  • Tax calculation procedure

  • Tax condition types

  • Assign country to the calculation procedure

  • Jurisdiction code structure

  • Maintain Tax code

  • Allow tax codes for non-taxable transactions

Talk to Our Representative

We are happy to help you 24/7

SAP FICO Training Options

Live Online Training

  • Interactive sessions
  • Learn by doing
  • Instant doubt resolution
  • Expert's guidance
  • Industry-ready skills

Batch

Start Date

Time

Weekday

7-Dec - 6-Jan

09:30 AM IST

Weekday

11-Dec - 10-Jan

11:30 AM IST

Fast Track

15-Dec - 4-Jan

01:30 PM IST

Ends in h : m : s

1:1 Live Online Training

  • Exclusive training
  • Flexible timing
  • Personalized curriculum
  • Hands-on sessions
  • Simplified Learning
Exclusive learning from industry experts

Self-Paced E-Learning

  • Skillup easily
  • Learn in no hurry
  • Less expensive
  • Unlimited access
  • Convenient
Hone your skills from anywhere at anytime
our instructor

Corporate Training

Training for Employees

HKR will help you learn anytime, anywhere with easily accessible online training. Experience immersive learning and equip your teams with the skills of tomorrow.

We deliver the right skills to the aspirant from day one that meets today's business requirements. It also helps to increase the productivity of the employee. So, joining HKR Trainings means becoming extremely productive to achieve goals in real-time.

Go to Corporate Training

Hire Train Deploy

We at HKR Trainings provide the best IT Training skills on different technologies to the aspirants that meet the existing industry standards. Our training courses are up to date and make the aspirants job-ready with real-time working knowledge.

We deliver the right skills to the aspirant from day one that meets today's business requirements. It also helps to increase the productivity of the employee. So, joining HKR Trainings means becoming extremely productive to achieve goals in real-time.

Go to Hire Train Deploy

SAP FICO Training Projects

SAP FICO Training FAQ's

SAP Fico is one of the core functional components in the SAP ERP central component. It enables the organization to store financial data transactions and manage the financial data.

SAP FICO is not difficult to learn. Anyone from having a bachelor's degree in finance can learn SAP FICO. SAP Fico comprises finance and management accounting.

Of course yes! SAP FICO has a good demand in the market. SAP FICO consultants are the highly sought after professionals across the world with an average salary of ₹7.7 Lakhs per annum.

Every class is recorded. If you have missed your class, you can learn those concepts from the recorded sessions of the missed class. So, No worries!

At HKR, we provide a free demo session for training seekers so they can conform to our quality and method of education before they enroll.

You can contact our customer care number if your query does not belong to any of the questions we have addressed in this article. We will get back to you as soon as possible.

HKR Trainings assures that the learners get a quality course from our trainers. You (the learners) will have lifetime access to recorded sessions. So in case of any doubts, you can watch these recorded sessions or even can ask your trainers to clarify them. Moreover, you will also be working on a real-time project which will help you understand the concepts more clearly. So there is no question of not being satisfied.

Talk to our Representative

We are happy to help you 24/7

WhatsApp
To Top