Description
SAP is a global leader in enterprise software solutions, specializing in advanced enterprise resource planning. Standing for Systems, Applications, and Products in Data Processing, SAP provides a wide range of modules, among which SAP Finance and Controlling (FICO) is one of the most widely implemented. The SAP FICO module encompasses configurations for both SAP FI (Finance) and SAP CO (Controlling), offering options for both user and configuration roles within each.
Pursuing SAP FICO certification is a valuable step toward a career as an SAP FICO consultant, equipping professionals with critical expertise in financial and controlling processes essential for business operations. Each component of the SAP FI and CO modules is instrumental in developing the skills needed for success in this field.
Job Outlook: SAP FICO
SAP FICO expertise is in high demand globally as organizations seek skilled professionals to optimize their financial and controlling processes. Certified SAP FICO consultants are highly valued across industries for their ability to streamline financial operations, ensure compliance, and enhance data accuracy, leading to informed decision-making. With increasing adoption of SAP solutions worldwide, career opportunities for SAP FICO professionals continue to expand, offering roles in consulting, financial analysis, and ERP implementation.
Course Objectives
Upon completing the SAP FICO course, you will be able to:
- Understand foundational concepts in SAP Finance and Controlling.
- Gain hands-on experience with General Ledger, Accounts Payable, Bank Accounting, and Funds Management for financial analysis.
- Comprehend key business processes and learn how SAP FICO modules work in R/3 environments.
- Apply real-world implementation training and integrate with other SAP modules.
- Participate in end-to-end implementation processes with practical, real-time training.
Prerequisites
No specific prerequisites are required for this course, though a basic understanding of IT fundamentals is beneficial. We also provide free resources on the basics of finance and accounting.
Who Should Attend?
This course is ideal for a broad spectrum of professionals in IT and finance, including:
- Analytics and finance professionals
- IT developers, testers, and data analysts
- BI/reporting professionals and project managers
- Data scientists and those pursuing careers in real-time big data analytics
Certification Preparation
Our training and certification program thoroughly covers topics for both Foundation and Advanced Level SAP FICO certifications. This course is ideal for recent graduates and experienced professionals alike, providing practical knowledge and validating essential skills needed to succeed as an SAP FICO consultant. Certification enhances career prospects by demonstrating the ability to deliver high-quality results efficiently.
Online Training and Practical Sessions
GSS online training platform provides a virtual environment for collaborative learning. Course materials, including PDF documents and reference codes, are provided, and online sessions are conducted via platforms such as Skype, WebEx, and GoToMeeting.
Case Studies
Case Study 1: SAP FICO Implementation
In this study, we explore the implementation of SAP FICO for a company that required advanced licensing management for global installations. Key tasks include creating a General Ledger, Accounts Payable, Accounts Receivable, and Asset Accounting modules, along with enhancing communication tools and optimizing data transfer for secure and efficient analysis.
Technologies used:
- Client: HTML5, CSS3, JavaScript
- Server: Servlets, JSP, JSTL
- Database: JDBC, MySQL Server
- Web server: Tomcat
Case Study 2: SAP R/3 Implementation
Our client, a renowned global engineering group, implemented SAP R/3 to streamline processes across Marketing, Sales, Production, Finance, and Management Accounting. This project followed SAP’s ASAP Methodology, encompassing all five phases: Project Preparation, Business Blueprint, Realization, Final Preparations, and Go Live/Support. This study will provide hands-on experience in configuring SAP FICO modules and migrating data from legacy systems.
Tasks in FICO Module: Students will work on mapping legacy processes to SAP, configuring organizational units, creating master records, posting transactions, and generating reports. They will engage in a data migration project, uploading various records and configuring sub-modules such as General Ledger, Accounts Receivable, Accounts Payable, and more.
Final Presentation: Upon course completion, trainees will present their implementation work, demonstrating the skills and knowledge acquired.
