SAP FICO Course in Mumbai

SAP Finance and Controlling (FICO) is a functional module of SAP ERP for financial management that consists of two major components, Financial Accounting (FI) and Controlling (CO). SAP FI focuses on financial reporting and accounting management, while SAP CO emphasizes planning and monitoring the costs of the entire company or organization.

SAP Fico Modules help organizations improve the quality of their financial data, achieve greater accuracy in financial transactions, and perform financial analysis with complete records creation and visibility into them.

SAP Fico Module can be integrated with other SAP Modules like Sales and Distribution, Plant Maintenance, Materials Management, Quality Management, Production Planning, Extended Warehouse Management, etc.

SAP FI Sub Modules

- General Leader

- Account Receivable

- Asset Accounting

- Bank Leade

- Consolidation

- Travel Managemen

SAP Financial Accounting Related to the company's accounting and internal reporting, SAP CO supports the processes of planning, reporting, and monitoring the costs of business operations.

SAP CO (Controlling) Module can be instrumental in improving the profitability of the company. Similar to SAP FI, SAP CO consists of sub-modules that handle specific processes:

SAP Controlling is used for reporting purposes within the organization.

SAP CO supports companies in planning, reporting, and monitoring large industrial business operations.

SAP CO Sub Modules

· Cost Element Accounting

· Cost Center Accounting

· Profit Center Accounting

· Internal Orders

· Product Cost Controlling

· Profitability Analysis

SAP FI and Co is a different module of SAP ECC software. SAP FI stands for SAP Finance and SAP CO stands for Cost Controlling. SAP Fi covers the accounting, enterprise structure, General Ledger, and Integration of other modules. SAP Co Covers the Internal Order, Cost Controlling, Profit Center, and other Cost Elements.

SAP S/4HANA Finance is an important module for managing SAP Finance and Accounting offered by SAP HANA.

SAP S/4HANA FI Module is used to perform financial and accounting operations in real-time as well as provide proper reporting to the organization using Business Intelligence (BI tools).

From real-time analytics to reporting, to integrate financial and management accounting, the system enables finance professionals to make data-driven decisions, streamline financial processes, and drive business growth.

SAP S/4HANA Finance Consultants enable organizations to optimize and configure their financial operations, enhance compliance and controls, and achieve superior financial performance.

We at Aspire Techsoft Academy the Best SAP FICO Training Institute In Mumbai with Placement will teach a complete course from the basics to advanced SAP S/4 HANA Finance and how to Configuration and Implementation in its various modules and sub-modules.

Come, join us for the course and be a part of one of the Best SAP FICO Course in Mumbai with Placement.. At Aspire Techsoft Academy we have the best faculties who are experts in this area and ready to make you an expert too, we have excellent and well-equipped labs and good placement assistance for SAP FICO Course in Mumbai.

SAP S/4 HANA Finance releases

SAP S/4HANA Finance 1605

SAP S/4HANA Finance, On-Premise Edition 1503

SAP Simple Finance Add-On for SAP Business Suite by SAP HANA

Note: - SAP Simple Finance is also known as SAP S/4 HANA Finance

Key Advantages of SAP S/4HANA Finance

- Run quick Business Processes

- Manage next-generation Warehousin

- Build Modern Application

- Exploit Analytics in insights-driven application

- Advantage Real-Time Operational Intelligence

- Real-time analysis and reporting

- Interpreted financial process

- Integrated Financial and Management Accounting

- Enhanced compliance and controls

- Improved cash flow management

- Forecast analysis and planning

- Cost optimization

- Efficient financial closing and reporting

- Integrated Treasury and Risk Management

- Scalability and flexibility

SAP Project System

- Project Preparation

- Business Blueprint

- Realization

- Final Preparation

- Go-live and support

- Operate

Essential skills of Accounting and Business processes

Skills of SAP FICO configuration and end-user development

Business Analysts with ERP Knowledge

Post-graduation in Accounting & Finance (CA, CWA, MBA, MCOM).

Finance/economics or IT backgrounds candidates

Candidates having Bachelor's or Master’s Degrees in the commerce field will be added advantages like BCOM, MCOM, MBA, ICWA, CA, and other financial backgrounds professionals.

Any financial executives and finance generalists can learn the Online SAP FICO Course in Mumbai.

Employees who are working in the financial division.

Graduates candidates looking for a prosperous career in IT Sector will learn SAP S4 HANA FICO Training in Mumbai.

Professionals who are switching a career to finance profession from any domain can learn a sap fico course.

Our SAP FICO Trainers in Mumbai are working professionals with 12+ Years of experience in MNCs (for SAP corporate with Online Training).

Our SAP FICO trainers are Real-time Industry experts who will give SAP FICO Online Training in Mumbai with real-time project exposure.

Skills in Integration of different SAP modules such as SAP Sales and Distribution, SAP Material Management, SAP Production Planning, SAP Human Resources with FI/CO, SAP Plant Maintenance, Project system, etc.

Great Finance and Accounting skills with endorsed proficiency in economic and Business Analysis while working in various organizations.

Our SAP FICO Trainer demonstrates all the concepts from the basics to advance with SAP FICO Interview questions related to real-time projects.

Our SAP FICO Course is specially designed for the beginners as well as professionals that covers all the required concepts needed to kick start their career in SAP Financial Accounting.

12+ years experienced Real-time industry expert trainers.

Comprehensive SAP FICO Course Curriculum.

Our superior merit placement experience and teaching standard have made us the best SAP FICO Training Institute in Mumbai.

Interviews Preparation with resume writing.

Internship on Real-Time Project.

Excellent Lab Facilities, Fully hands-on training with Online Live Instructor SAP FICO Classes in Mumbai.

Own Course Material for preparation & Practice.

Affordable fee structure.

100% Placement Assistance after completion of SAP FICO Course in Mumbai.

By starting SAP Finance and Controlling training in Mumbai, you will learn everything about this course from our experienced trainers. At the very beginning of the course, our trainers will help you learn all the details about the course. During the training you will learn Financial Accounting, Universal Journal and Leader (BSEG and ACDOCA), GL-Settings in S/4HANA FINANCE, Cash Journal Entry and Master Data Mai ...See More

There will be good career opportunities for SAP Fico in the future. Now is the best time for you to learn SAP Financial Accounting.

Once you develop skills in the configuration of SAP FI, you can perform well as a SAP FICO consultant in a large organization.

If you work to implement a project in an organization, you will gain expertise in configuration and implementation as well as design.

The SAP S/4HANA Finance Module offers professionals the opportunity to work in various roles including consulting, analysis, project financial management, and training.

Aspire Techsoft Academy is a leading SAP FICO Training Provider in Navi Mumbai. We offer a comprehensive SAP Fi Course in Mumbai India for individuals and organizations looking to gain expertise in SAP ERP.

Finally, when you complete the SAP FICO Course in Mumbai and complete the hands-on project, you will receive an ISO certificate that is valid almost everywhere in the world, which you can share with potential employers and your professional network.

SAP FICO Consultant Salary depends on your experience and skills. At the fresher level, you can get 1.8 lakhs p.a. to 3.0 lpa. After 2-3 you can expect to get 3.5 – 4 lpa. So try to learn new technologies in SAP S/4 HANA Cloud So that you demand the highest salary package.

As mentioned on the pay scale, glassdoor, Ambition Box, etc. You can check the salary ranges for a SAP FICO Consultant Salary in India.

Design and configuration of FI sub-modules General Ledger (FI-GL), Accounts Payable (FI-AP), and Accounts Receivables (FI-AR).

Able to design, and execute complex business processes in its current area, name the transactions, and analyze business process errors.

Design and document complex Functional specifications for Reports, Interfaces, Conversions, Enhancements, and workflows.

Configuration and Implementation between MM-FI and SD-FI Integration.

Responsible for Asset Management (AM), Taxation, and compliance requirements.

Expertise in Overhead Accounting Material Ledger Product Cost Planning and Product cost Controlling.

Exposure to Financial Supply-chain topics such as Treasury and Cash Management.

Integration of CO module with Finance module Materials Management Production planning Sales and Distribution Project systems modules.

Support and promote integration relationships between IT and business functions.

Provide accurate timelines for specific tasks assigned.

Coordinate and take the role of the functional consultant and support applications in your area of responsibility i.e. SAP Finance. Work with an innovative mindset to improve delivery.

Contribute to the success of the implementation by applying knowledge of SAP Finance in GL, AP, AR, FA & Treasury to design and deploy enhanced processes and technical solutions in an agile environment.

Developing functional designs, making configuration changes, developing code, and testing SAP application developments.

SAP FICO End-User

SAP FICO Analyst

SAP FICO Consultant

SAP FICO Support Consultant

SAP FICO Power-User (Managers)

SAP FICO Testing Consultant (Tester)

SAP FICO Sr. Consultant

SAP FICO Solution Architect

SAP FICO/S/4 HANA Consultant

SAP FICO Lead Consultant

SAP FICO/RAR Consultant

SAP FICO with FSCM Consultant

SAP FICO/Vendor Invoice Management (VIM) Consultant

SAP FI CO Finance Application Developer

SAP FICO S/4 HANA Consultant

• Introduction to SAP
• History of the SAP
• Different modules
• Introduction to FICO

• Creation of company
• Company code
• Business Area
• Functional area
• Segment arean
• Fm area
• Assignments

• Fiscal year variant
• Posting period
• Configuration and customization activities on Storage type indicator
• Document type
• Posting keys
• Payroll Reports
• Field status variant

• Maintenance of Leading & Non leading ledger
• Activation of Non leading ledger
• Scenario’s & customer fields for non-leading
• Ledgers
• Creation of asset
• Acquisition of asset
• Depreciation run
• Scrape of asset
• Transfer of asset
• Asset work in progress

• CONTROLLING
• Maintain controlling area
• Ledger group
• Document splitting concept
• Real-time integration of FI-CO

• Chart of accounts
• Accounting groups

• Maintenance of house bank
• Maintenance of cheque lots
• Electronic bank statement
• Cash journal

• Creation of customer/vendor master record
• Invoice entry
• Incoming/outgoing payments
• Automatic payment program
• Special GL ledger
• Dunning
• Electronic bank statement
• Payment terms

• Chart of depreciation
• Asset classes
• Account determination
• Creation of asset
• Acquisition of asset
• Depreciation run
• Scrape of asset
• Transfer of asset
• Asset work in progress

• CONTROLLING
• Maintain controlling area
• Maintain versions
• Maintain co-document no ranges

• Maintenance of cost elements (automatically, manual)
• Maintenance of cost center master
• Maintenance of activity types
• Planning of cost center
• Allocation/apportionment of over
• Heads (distribution/assessment/indirect activity Allocation)