Subject: SAP FICO

Location: Farmington Hills, Michigan

Duration: 40 Hours

Start Date: Jul 3rd, 2010 

Fee: $2500.00

Learn from an expert instructor. Our expert instructors are themselves have years of experience in the real world as well as in teaching. A large majority of our instructors are Full-time consultants and provide solutions to a wide variety of companies.

Topics to be covered

• Introduction to ERP:
  • Origin of ERP
  • ERP Products
  • Advantage of ERP
• Introduction to SAP:
  • Overview of Technical, Functional Modules
  • SAP R/3 Architecture
  • Life Cycle of SAP
  • Introduction to User Interface
• Enterprise Structure and Global Settings:
  • Creation of Company, Company Codes
  • Business Area, Consolidated business area
  • Fiscal Year, Posting Period, Posting Keys
  • Document Number range, Document type
  • Tolerance Group
  • Field Status Group
• General Ledger Accounting:
  • Chart of Accounts
  • Account Groups
  • Retained earnings account
  • Creation of GL accounts
  • Posing of GL entries
  • Holding, parking and posting of documents
  • Reversal of documents
  • Reference Documents
• Accounts Receivable:
  • Defining Customer master records
  • Posting Invoices & Payments
  • Partial and full payment
  • Down Payment received & setting off entries
  • Tax on Sales/ Purchase
  • Foreign Currency Valuation
  • Dunning to customers
• Accounts Payable:
  • Defining Vendor master records
  • Posting Invoices & Payments
  • Down Payment made & setting off entries
  • Automatic Payment Program
• Asset Accounting:
  • Chart of depreciation
  • Defining Asset Master Records
  • Integration with General Ledger
  • Asset class
  • Asset Creation
  • Depreciation posting
  • Retirement of an Assets
• Cash Management:
  • Cash journal entries (Petty Cash)
  • Bank Statements
• Controlling:
  • Controlling Area Settings
  • Number range to controlling documents
• Cost Element Accounting:
  • Automatic creation of Cost Elements
  • Individual creation of Cost Elements
• Cost Center Accounting:
  • Creation of Cost Center, Planning
  • Posting of cost into cost center
  • Manual reposting of cost
  • Distribution and assessment
• Internal Order Accounting:
  • Order Type, Number range
  • Creation of order, Planning & Posting
  • Defining settlement rules
  • Final settlement of Internal order
• Profit Center Accounting:
  • Settings for Profit Center
  • Creation of Profit Center, Planning
  • Posting of revenues
  • Distribution and Assessment
• Working with different modules:
  • Integration of FI/CO with SD and MM and Implementation Methodology