SAP FICO Financial Accounting & Controlling
Course Objective
SAP FICO is a core module of SAP ERP designed to manage and streamline an organization’s financial processes.
It enables businesses to efficiently handle financial accounting, reporting, controlling, and compliance, while providing powerful tools for real-time analysis and strategic decision-making.
With its comprehensive capabilities and integration across business functions, SAP FICO is widely adopted by organizations to enhance financial accuracy, transparency, and operational efficiency.
Key Learning Areas
module 1
ERP & SAP Fundamentals
Introduction to ERP and SAP
Advantages of ERP systems
Overview of SAP S/4HANA
SAP navigation and transaction codes
module 2
Organizational Structure & Configuration
Organizational elements in accounting
Definition and assignment of organizational units
Fiscal year configuration
Field status and posting period variants
Document types and number ranges
Posting keys and tolerance limits
Module 3
Financial Accounting Setup
Chart of Accounts and G/L master creation
Accounting groups and retained earnings account
Vendor and customer master data
Reconciliation accounts and payment terms
Module 4
Advanced Financial Accounting
Asset accounting
Maintenance of ledgers
Currency conversion and exchange rate settings
Foreign currency valuation and automatic postings
Document splitting and accounting principles
Zero balance clearing account
Module 5
Controlling (CO) Configuration
Controlling area creation
CO configuration
Profit center activation and standard hierarchy
Cost center and cost center group creation
Module 6
Integration & Transaction Processing
Integration of FI with other modules
Posting and display of G/L transactions
Parking, holding, and recurring documents
Fast data entry
Module 7
Banking & Payment Operations
House bank setup and bank accounts
Cheque issue and cheque register
Manual payments and cancellation
Automatic payment program
Incoming and outgoing payments
Module 8
Sales & Procurement Cycle
Sales and procurement processes
Invoice posting (sales and purchase)
Down payments and credit memo handling
Bill of exchange
Module 9
Taxation (GST)
GST configuration
Manual and automatic GST posting
Module 10
Accounts Receivable Management
Dunning process (customer follow-up)
Module 11
Reporting & Period-End Closing
Financial reports (G/L, Vendor, Customer)
Profit & Loss Account
Balance Sheet
Period-end closing operations
Expected Skills / Outcome
By the end of this module, students will::
✔ Configure and manage SAP FICO independently
✔ Handle complete financial accounting processes in SAP
✔ Perform real-time financial reporting and analysis
✔ Execute end-to-end business transactions (P2P & O2C cycles)
✔ Manage GST, banking, and payment processes
✔ Perform period-end closing and generate financial statements
interested to Join This Course?
SAP FICO is a core module of SAP ERP designed to manage and streamline an organization’s financial processes. It enables businesses to efficiently handle financial accounting, reporting, controlling, and compliance while providing real-time analysis tools for strategic decision-making and operational efficiency.
This course is ideal for accounting professionals, finance executives, auditors, business analysts, IT consultants, and anyone looking to master end-to-end financial management using SAP FICO. Basic accounting knowledge is helpful, but no prior SAP experience is required.
The course covers 11 comprehensive modules including ERP & SAP Fundamentals, Organizational Structure & Configuration, Financial Accounting Setup, Advanced Financial Accounting (Asset Accounting, Currency Conversion), Controlling (CO) Configuration, Integration & Transaction Processing, Banking & Payment Operations, Sales & Procurement Cycle, Taxation (GST), Accounts Receivable Management, and Reporting & Period-End Closing.
Yes. You’ll master FI (G/L accounting, vendor/customer management, asset accounting, banking) and CO (controlling area, profit centers, cost centers, cost center groups)—enabling complete financial management and internal reporting capabilities.
Absolutely. Module 9 covers GST configuration, manual and automatic GST posting—essential for businesses operating in India and other regions with similar tax frameworks.
You’ll be able to configure and manage SAP FICO independently, handle complete financial accounting processes, perform real-time financial reporting and analysis, execute end-to-end business transactions (P2P & O2C cycles), manage GST, banking, and payment processes, and perform period-end closing to generate financial statements.
Yes. Module 7 covers house bank setup, bank account configuration, cheque issuance and register management, manual and automatic payment programs, and incoming/outgoing payment processing—critical for treasury and finance operations.
Yes. The course includes SAP S/4HANA overview, navigation, transaction codes, organizational structure setup, master data creation, and real-world transaction processing—ensuring you’re job-ready upon completion.
Graduates can pursue roles such as SAP FICO Consultant, Finance Executive, Financial Analyst, Accounts Manager, GL Accountant, Treasury Analyst, or Business Analyst in enterprises using SAP ERP/S/4HANA across industries like manufacturing, retail, BFSI, and IT services.aseduhub
Contact 9747638638 to request the course brochure and fee structure. Classroom training is available at Accounts Solutions branches in Perinthalmanna (Ootty Road), Nilambur (Near KSRTC Bus Stand), and Manjeri. Classes are delivered in a mixed English-Malayalam format for better comprehension.