SAP FICO Course: Master Financial & Controlling Modules
Master SAP FICO with BinnBash Academy's comprehensive course. Learn Financial Accounting (FI) and Controlling (CO) modules, practical configurations, real-time scenarios, and prepare for a rewarding career in SAP finance!
Accelerate Your Finance Career!Who Should Enroll in this SAP FICO Course?
This course is ideal for professionals and graduates looking to build a strong career in SAP Finance and Controlling:
- Finance & Accounting Professionals (Accountants, Financial Analysts).
- Commerce Graduates (B.Com, M.Com, MBA Finance).
- IT Professionals interested in ERP and Financial Systems.
- Aspiring SAP FICO Consultants and End-Users.
- Business Analysts involved in financial processes.
- Anyone looking to gain expertise in a globally recognized ERP financial module.
SAP FICO Course Prerequisites
- Basic understanding of accounting and finance principles (e.g., debits, credits, balance sheets, P&L).
- Familiarity with general business processes.
- Basic computer literacy and ability to navigate software applications.
- Analytical and problem-solving skills.
- No prior SAP experience is required, but a keen interest in ERP systems is beneficial.
Key SAP FICO Tools & Concepts Covered
Hands-on practice with SAP FICO configurations, transactions, and reporting for real-world financial management.
SAP FICO: Comprehensive Syllabus & Practical Contents
Module 1: Introduction to SAP & Financial Accounting (FI) Basics
- Introduction to SAP ERP & SAP FICO Overview.
- Enterprise Structure Configuration (Company, Company Code, Business Area).
- General Ledger (GL) Accounting: Chart of Accounts, Account Groups, Posting Keys.
- Document Posting & Reversal.
- Fiscal Year Variant & Posting Period Variant.
- Lab: Configure enterprise structure, create GL accounts, post basic financial documents.
Tools & Concepts:
- SAP GUI, Enterprise Structure, GL Accounts.
Expected Outcomes:
- Understand SAP FICO landscape.
- Configure basic FI settings.
- Perform GL postings.
Module 2: Accounts Payable (AP) & Accounts Receivable (AR)
- Accounts Payable: Vendor Master Data, Purchase Invoice Processing, Payments.
- Accounts Receivable: Customer Master Data, Sales Invoice Processing, Incoming Payments.
- Dunning Procedures & Special GL Transactions.
- Automatic Payment Program (APP) & Automatic Clearing.
- Lab: Create vendor/customer master records, process AP/AR invoices and payments.
Tools & Concepts:
- Vendor/Customer Master, Invoice Processing, APP.
Expected Outcomes:
- Manage vendor/customer accounts.
- Execute payment/receipt processes.
- Automate financial transactions.
Module 3: Asset Accounting (AA) & Banking
- Asset Accounting: Chart of Depreciation, Asset Classes, Master Data.
- Asset Acquisition, Retirement, Transfer, and Depreciation Posting.
- Bank Accounting: House Banks, Bank Accounts, Manual & Electronic Bank Statement (EBS).
- Cash Journal.
- Lab: Configure asset accounting, create assets, run depreciation, process bank statements.
Tools & Concepts:
- Asset Master Data, Depreciation, EBS.
Expected Outcomes:
- Manage fixed assets.
- Perform depreciation.
- Handle bank transactions.
Module 4: Controlling (CO) Basics & Cost Center Accounting (CCA)
- Introduction to SAP Controlling (CO) & Integration with FI.
- Controlling Area, Operating Concern.
- Cost Element Accounting: Primary & Secondary Cost Elements.
- Cost Center Accounting: Cost Center Hierarchy, Master Data, Planning, Actual Postings.
- Allocations (Assessments & Distributions).
- Lab: Configure controlling area, create cost elements/cost centers, post actual costs, run allocations.
Tools & Concepts:
- Controlling Area, Cost Elements, Cost Centers.
Expected Outcomes:
- Understand CO module.
- Manage cost centers.
- Perform cost allocations.
Module 5: Profit Center Accounting (PCA) & Internal Orders (IO)
- Profit Center Accounting: Master Data, Standard Hierarchy, Assignments.
- Posting to Profit Centers & Actual Data Flow.
- Internal Orders: Master Data, Planning, Budgeting, Actual Postings.
- Settlement of Internal Orders.
- Introduction to Profitability Analysis (CO-PA) - Basic concepts.
- Lab: Create profit centers/internal orders, post transactions, perform internal order settlement.
Tools & Concepts:
- Profit Centers, Internal Orders, CO-PA.
Expected Outcomes:
- Manage profit centers.
- Utilize internal orders for project tracking.
- Understand CO-PA basics.
Module 6: Integration, Reporting & Career Readiness
- Integration of FICO with other SAP Modules (SD, MM, PP).
- SAP FICO Reporting Tools (Standard Reports, Report Painter/Writer).
- Overview of SAP S/4HANA Finance & Fiori Apps.
- Real-time Project Scenarios & Troubleshooting.
- Building a Professional SAP FICO Portfolio.
- Career Guidance: Resume Building, LinkedIn Optimization, Mock Interviews for SAP FICO roles.
- Final Project: End-to-end FICO configuration and transaction processing for a simulated business scenario.
Tools & Concepts:
- SAP Integration, Reporting, S/4HANA, Fiori.
- Portfolio Building, Career Prep.
Expected Outcomes:
- Understand FICO integration.
- Generate reports.
- Prepare for SAP FICO career.
This course provides hands-on expertise to make you a proficient and job-ready SAP FICO professional!
SAP FICO Professional Roles and Responsibilities in Real-Time Scenarios & Live Projects
Gain hands-on experience by working on live projects, understanding the real-time responsibilities of an SAP FICO professional in leading global companies. Our curriculum aligns with industry demands for financial management and controlling in SAP.
SAP FICO Consultant
Implement, configure, and customize SAP FICO modules to meet client business requirements, providing expert advice on financial processes, as done at Accenture.
SAP FICO Analyst
Analyze business processes, gather requirements, and translate them into SAP FICO solutions, often supporting end-users and troubleshooting issues, similar to work at Deloitte.
SAP FICO End-User
Perform daily financial transactions, generate reports, and manage master data within the SAP FICO system, common at large enterprises like IBM.
Finance Business Analyst (SAP)
Acts as a liaison between finance departments and IT, understanding financial needs and ensuring SAP FICO solutions align with business objectives.
SAP Finance Lead
Leads SAP FICO implementation or support projects, manages teams, and ensures successful delivery of financial solutions within the SAP landscape.
SAP FICO Support Analyst
Provides ongoing support to SAP FICO users, resolves system issues, performs system maintenance, and assists with enhancements.
SAP Data Migration Specialist (FICO)
Responsible for extracting, transforming, and loading financial data into SAP FICO during system implementations or upgrades.
SAP FICO Tester
Develops and executes test cases for SAP FICO functionalities, ensuring that configurations and developments meet business requirements and are defect-free.
Our Alumni Works Here!
Anjali Singh
SAP FICO Consultant
Rohan Kumar
SAP FICO Analyst
Priya Sharma
Finance Business Analyst
Akash Gupta
SAP FICO Associate
Divya Patil
SAP FICO Support
Karan Mehta
SAP FICO Developer
Meena Devi
SAP FICO Intern
Siddharth Rao
SAP FICO Tester
Neha Sharma
SAP FICO Trainee
Arjun Kumar
SAP FICO Consultant
Anjali Singh
SAP FICO Consultant
Rohan Kumar
SAP FICO Analyst
Priya Sharma
Finance Business Analyst
Akash Gupta
SAP FICO Associate
Divya Patil
SAP FICO Support
Karan Mehta
SAP FICO Developer
Meena Devi
SAP FICO Intern
Siddharth Rao
SAP FICO Tester
Neha Sharma
SAP FICO Trainee
Arjun Kumar
SAP FICO Consultant
What Our SAP FICO Students Say
"This SAP FICO course is incredibly comprehensive! I now feel confident in configuring and managing financial processes in SAP."
"The practical scenarios and hands-on exercises made complex FICO concepts easy to understand. Truly job-oriented!"
"As a commerce graduate, this course provided the perfect bridge to a tech career in finance. Highly recommend it!"
"BinnBash Academy's focus on real-time project implementation and troubleshooting is invaluable for aspiring SAP professionals."
"The instructors are industry experts who provided clear explanations and practical tips for working with SAP FICO."
"I gained a deep understanding of both FI and CO modules, and how they integrate. This course is a must for SAP finance careers."
"From master data to automatic payment programs, every detail was covered. I feel fully prepared for an SAP FICO role."
"The emphasis on building a professional portfolio and career guidance was extremely helpful. BinnBash truly supports your job search."
"Learning about SAP S/4HANA Finance and Fiori apps gave me a future-proof skill set. This course is forward-thinking."
"The practical approach to learning, combined with industry-relevant tools, made this course stand out from others."
SAP FICO Job Roles After This Course
SAP FICO Consultant
SAP FICO Analyst
SAP FICO End-User
Finance Business Analyst (SAP)
SAP Finance Lead
SAP FICO Support Analyst
SAP Data Migration Specialist
SAP FICO Tester