Enter your keyword


FICO Online Training

SAP FICO online training

About Instructor

FICO Online Training Hyderabad India
Learn FICO like never before exclusively from  FICO Online Training Hyderabad within 6 months duration with total internal lab facility. all real time scenarios.printed material.in depth controlling. free remote server provided[/vc_column_text]

     SAP FICO Online Training, FICO Online Training Hyderabad, FICO Online Training India

    Enterprise Structure:
    1. Organizational Units
    2. Creation of Company, Company Code, Business Area, Functional Area, Credit Control Area
    3. FM Area, Consolidated Business Area
    4. Assignment of Organizations units

    Financial Accounting Basic Settings:
    1. Creation of Fiscal Year, Posting period, Field Status. Variant and Field Status Groups, Document Types and Number ranges, Tolerance Groups, Tax Procedure
    2.Currency and ledger settings in HANA
    New General ledger accounts:
    1.Chart of Accounts and assignment to company code, changes in HANA
    2. Account Groups and screen layout
    3.Define Retained Earnings Account
    4. General Ledger Master records and Account Types
    5.Document Splitting
    6.Leading, Extension ledgers, simulation ledgers, and Non-Leading Ledger
    7.CO-FI Real-Time Integration changes (HANA changes)

    Bank Accounts:
    1. Creation of House Banks
    2. Creation of Bank Accounts with NWBC
    3. Creation of Check Number Ranges
    4. Manual Check creation
    5. Issued checks Cancellation
    6. Bank Reconciliation

    General Ledger Accounting
    1.General Ledger Postings ACDOCA table
    2. Document display and account display
    3. Park Document, Hold Document
    4. Sample Document and Recurring Document
    5. Month-end Provisions-Accrual/Deferral
    6. Documents and Open Item Management
    7. Standard Payment, Partial Payment, and Residual items method
    8. Define void reason codes
    9. Reversal of documents-types of reversals
    10. Foreign Currency Exchange rate types creation
    11. Foreign Currency translation ratio creation
    12. Maintenance of Exchange rates in Forex table
    13. Foreign Currency Postings
    14. Revaluation of Foreign currency Balances
    15. FCV with Simulation ledgers
    16.Balance Interests Calculations
    17.Cash Journal

    Accounts Payables

    Basic Settings for Accounts Payable
    1. Creation of vendor account groups with Screen Layouts and BP Groups
    2. Creation of number ranges for vendor master records and BP settings
    3. Assignment of number ranges to vendor account groups
    4. Creation of tolerance group for vendors
    5. Creation of vendor master and Business Partner
    6. Posting of vendor transactions (invoice posting, payment posting, credit memo)
    7. Partial and Residual Payments Postings
    8. Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
    9. Outgoing Payment with Clearing
    10. Advance Payment Postings
    11. Clearing of Advance against Purchases
    12. Define Terms of Payment
    13. Automatic Payment Program (APP) with Block, Changing House Bank, Special GL, with different Payment Terms
    14. Cash Discounts
    15. Discount with Installment Payment – Partial and Residual
    16. Discount with Main Terms of Payments and Installment Terms of Payments
    17. Credit Memo Postings
    18. Open Item Due Date Analysis
    19. Vendor Foreign Currency Postings
    20. Foreign Vendor Revaluation
    Accounts Receivable:

    Basic Settings for Accounts Receivable:
    1. Creation of customer account groups with Screen Layouts and BP groups
    2.Creation of number ranges for customer master records and BP settings
    3. Assignment of number ranges for customer account groups
    4. Creation of tolerance group for customers
    5. Creation of customer master with BP (display/change/block/unblock of vender master)
    6. Dunning Procedure
    7. Execute with Dunning with block
    8. Execute with Dunning with Interest
    9. Execute with Dunning with Charges
    10. Execute with Dunning with Special GL
    11. Execute with Dunning with Vendor
    12. Bill Discounting Transactions
    13. Sales Invoice Posting
    14. Display Customer Account Balances
    15. Clearing of Transactions where Vendor also is a Customer
    16.Incoming Receipt with Clearing
    17. Advance Receipt Postings
    18. Clearing of Advances against Sales
    19.Item Interest Calculation
    20.Bad debts

    New Asset Accounting

    1. Defining chart of depreciation
    2. Assignment of the chart of depreciation to company code
    3. Dummy ledgers, dep areas for accounting principles
    4. Defining account determination
    5. Definition of screen layout rules
    6. Definition of number ranges for asset classes
    7. Integration with General Ledger & Posting rules
    8. Defining Depreciation key
    9. Definition of multilevel methods
    10. Definition of period control methods
    11. Creation of main asset master records
    12. Creation of sub-asset master records
    13. Acquisition of fixed assets with new posting logic
    14. Acquisition with Automatic Off-Setting Entry
    15. Acquisition within House Production
    16. Sale of fixed assets
    17. Transfer of assets
    18. Scrapping of assets
    19. Depreciation run with multiple ledgers and multiple currencies
    20.Depreciation with Smoothing
    21. Line item Settlement of assets under construction of capital work in progress
    22. Asset History Sheet
    23.Asset Purchases by MM
    24.Internal Order to AUC Settlement
    25.Old Asset data transfer
    26.Asset revaluation


    1.Financial statement version
    2.General Ledger, Accounts Payable, Accounts Receivable, and Assets Reports

    FI-MM Integration

    Definition of organizational units in materials management i.e. plant, storage location, and purchase Organization
    Assignment of organizational units to each other
    Definition of tolerance groups for purchase orders
    Definition of tolerance groups for goods receipt
    Definition of tolerance groups for invoice verification balance sheet items.
    Definition of vendor-specific tolerances
    Creation, display, and change of material master records
    Creation of plant parameters
    Maintenance of posting periods for materials management
    Maintenance of parameters for invoice verification
    Maintenance of plant parameters for inventory management and physical inventory
    Definition of attributes for material types
    Assignment of GL accounts for material transactions in financial accounting
    (Integration of MM with FI)
    ML activation
    Creation of purchase order, posting of goods receipt, invoice verification and
    Goods issue for cost center – PO Price differs from Invoice Price -full stock is available
    Goods issue for cost center – PO Price differs from Invoice Price -stock is not available
    Goods issue for cost center – PO Price differs from Invoice Price –Partial stock is available
    Goods issue for cost center – PO Price differs from Invoice Price –Standard Price
    Asset purchases in MM
    FI-SD Integration

    Definition of the sales organization
    Definition of distribution channels
    Definition of divisions
    Assignment among various organizational units in SD
    Definition of partner functions
    Definitions of the shipping point and loading points
    Definition of pricing procedures
    Determining the shipping points
    Determining the pricing procedures
    Maintenance of SD condition types
    Maintenance of condition records
    Assignment of GL accounts for sales transactions( integration of FI with SD)
    Creation of sales order
    Initialization of stock
    Posting the delivery of goods
    Creating the sales order
    Goods delivered to Customer
    Cash Received from Customer
    Other Topics
    Year End Procedure-

    Gl A/Cs Balance Carry Forward
    Vendor Balance Carry Forward     Customer Balance Carry Forward
    Assets Balance Carry Forward
    Change Open Item Management
    Intercompany Transactions
    Vendor Is Customer Scenario
    Fiori Apps – Data Entry
    Data Model in HANA

    Table changes in HANA

    Universal Journal

    best SAP FICO training in Hyderabad

    Basic settings for controlling

    Maintain Controlling Area
    Defining Number ranges for Controlling Documents
    Maintain Planning Versions
    Cost Element accounting

    Creation of primary cost elements from the financial accounting area
    Creation of primary cost elements in controlling area
    Creation of Secondary Cost Elements in Controlling Area
    Display/Change of cost element master records
    Primary cost element categories
    Secondary cost element categories
    Creation of primary cost element groups
    Default account assignments
    Cost Center Accounting

    Defining Cost Center Standard Hierarchy
    Creation of Cost Centers and cost center groups
    Display/Change cost center master records
    Creation of cost center groups
    Creation of Activity Types
    Grouping of Activities
    Creation of SKF
    Grouping of SKF
    Posting to cost centers
    Reposting of co line items
    Repost of Costs
    Planning for cost centers – Manual
    Activity-dependent planning
    Activity independent planning

    Activity Output Planning
    Creation of Own Planner profile
    Planning for cost centers – Excel upload
    Overhead Calculation
    Create Cost Component Splitting Structure
    Activity Cost Calculation
    Activity Price Calculation
    Cost center reports
    Allocation Methods – Period End Procedure
    Define Assessment Cycle- Plan and Actual
    Execute Assessment Cycle- Plan and Actual
    Define Distribution Cycle – Plan and Actual
    Execute Distribution Cycle – Plan and Actual
    Periodic Reposting
    Indirect activity allocation
    Allocation Cycle with multiple Segments
    PP Integration

    Work Center
    MRP run.
    Product Cost Controlling

    Product Cost Planning:

    Introduction to product cost controlling
    Data Flow in Product costing
    Areas in Product cost controlling
    Cost objects
    Define Cost Sheet

    Define costing variant
    Define costing Type
    Define Valuation variant
    Define Quantity Structure Control
    Define Transfer Control
    Define Date Control
    Check Costing Variant to Manufacturing Orders (PP)
    Define Goods Received Valuation for Order Delivery
    Define Main Cost Component Structure
    Product Cost by Order

    Work In Process Calculation:

    Define Results Analysis Keys
    Define Cost Elements for WIP Calculation
    Define Results Analysis Versions
    Define Valuation Methods (Actual Costs)
    Define Line IDs
    Define Assignments
    Define Update
    Define Posting Rules for Setting Work in Process
    Variance Calculation:

    Define Variance Keys
    Define Default Variance Keys for Plants Define Target Cost Version
    Assign Variance Key in Material Master

    Create Settlement Profile
    Create PA Transfer Structure
    Maintain Number Ranges for Settlement Documents

    Creation of BOM
    Create Routing
    Automatic Account Assignment- integration with MM
    Standard Cost Estimation
    Mark and Release
    Collective Cost estimation
    COPA – Controlling Profitability Analysis
    Account based COPA
    Costing based COPA
    1. Introduction to profitability analysis
    2. Data Flow in profitability Analysis
    3. Maintaining the operating concern
    4. Assignment of controlling area to operating concern
    5. Activating the profitability analysis
    6. Define number ranges for actual postings
    7. Mapping of SD conditions types to COPA value fields
    8. Maintain Characteristics
    9. Maintain Value Fields
    10. Define Profitability Segment Characteristics
    11. Maintain Characteristics Values
    12. Define characteristics Derivation
    13. Define and Assign Valuation Strategy
    14. Define Keys for accessing material cost estimates
    15. Assign Costing Keys to any characteristics
    16. Assign Value Fields
    17. Define Number Ranges for Planning Data
    18. Maintain Versions
    19. Assign Quantity Fields
    20.Define PA Transfer Structure
    21.Direct posting from FI/MM
    22.Value flow from Cost Center to COPA
    23. Value flow From Internal Order to COPA
    24. Value Flow from Production Order to COPA
    25. COPA Summarization
    26.COPA Realignment
    27. COPA Derivation Rules
    28. COPA Cost Sheet
    29. COPA Valuation Strategy
    30.Creation Of Forms
    31. Creation of reports
    32.Execute the reports

    Internal Orders
    1. Use of Internal order types
    2. Settlement profile
    3. Planning profile
    4. Budget profile
    5. Tolerance for budgeting and availability control
    6. Order types
    7. Real orders and Statistical Orders
    8. Creation of secondary cost elements for Internal and External Settlements
    9. Planning for internal orders
    10. Entering budget information
    11. Actual data posting
    12. Displaying internal order information
    13. Displaying budget control availability
    14. Internal Order to AUC settlement
    15. AUC to Asset Settlement
    16. Internal Order with Investment Management
    17. Information Reports
    18. Settlement of Real internal orders to cost centers

    Profit Center Accounting
    1. Basic Settings for Profit Center Accounting
    2. Creation of Profit Centers
    3. Maintenance of control parameters for actual postings
    4. Maintaining planning versions for-profit centers
    5. Maintaining the number ranges of for-profit center documents
    6. Creation of profit center master records
    7. Display of profit center master records
    8. Changing the profit center master records
    9. Creation of revenue cost elements
    10. Automatic Assignment of Revenue elements for Profit Centers
    11. Assignment of profit centers in cost center master records
    12. Creation of account groups in profit center accounting for planning
    13. Planning for profit and loss account items
    14. Planning for balance sheet items
    15. Posting of transactions into profit centers
    16. Generating the variance reports for profit and loss account items
    17. Generating the variance reports for balance sheet items.
    18. Derivation rules creation for revenue elements
    19. Derivation rules creation for Balance Sheet accounts

    SAP FICO Online Training, FICO Online Training Hyderabad, FICO Online Training India

    SAP FICO Online Training
    Financials and Controlling is one of the most important modules. SAP FICO stores all Financials transactions of Business. Financials are for external reporting purposes with this we can prepare Financial Statements. Controlling is for internal reporting purposes, with this we can plan data, post actual data, and do variance analysis. Any Finance background students, Finance department experience people can learn FICO to get into the IT field. It’s a very good opportunity for commerce background students to shift careers to Software. After finishing the course you will get different types of jobs i.e FICO consultant,
    Support Consultant, Business Process Executive (BPE), End User. We are providing 100% real-time project training with job support.

    We are providing

    FICO online training in India
    with depth knowledge of all real-time scenarios. In FI we are covering General Ledger, Accounts payable, Accounts Receivables, Asset Accounting and FI additional topics like Bank Reconciliation statements (Electronic, Manual), Lock Box system, Bills of exchange, Bad debts, Customer is Vendor, Foreign Currency revaluations, Open item change, New GL Accounting, and many more real-time project scenarios so that a student will easily get a job.

    Controlling is for Internal reporting purposes it is like our Costing and Management Accounting what we have studied in our Academics. In Controlling we are covering Cost Elements, Cost Center Accounting, Product Costing, COPA (Costing based and Account-based), Internal Orders, Profit Center Accounting, Material Ledger and many more special scenarios preparing planning layouts in cost center accounting, calculating activity prices, product cost by order, Join and By product, Mixed costing, different types of sub-contracting, different types of Overhead calculations, Scrap calculations like Operational scrap, Assembly Scrap, Component Scrap, Product cost by Period (PCC), Sales Order costing (MTO)

    is a No.1 ERP product because of Integration between all departments. We are learning FI-MM module Integration, FI-SD integration, and CO-PP integration. We are learning how value flows to Controlling from different modules and sub-modules. Our FICO training will make you a Consultant. We are providing the best FICO Online Training in Hyderabad with printed material, 24*7 server access, 100% job assistance. We can proudly say that we are the leaders in FICO training. We are also learning GST. How to calculate Central GST, State GST, Integrated GST, and Union Territory GST. Pragna Technologies is the best training Center for FICO.

    More number of Organisations are implementing. We will be having more Projects available. More jobs are available for accounts background students if we learn FICO. To learn FICO B.Com, M.Com, MBA, CA, ICWAI, CS are eligible.

    Reviews Statistic

    0 out of 0
    0 Ratings
    5 Start 0
    4 Start 0
    3 Start 0
    2 Start 0
    1 Start 0


    There are no reviews yet.

    Be the first to review “FICO Online Training”

    Duration 120hrs
    SAP FICO online training hyderabad R3 server access 6 months configuration and theory materials working notes provided
    Price 22,000.00

    Share our course

    close slider

    × WhatsApp