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SAPFICO101

SAP Finance and Controlling Training – SAP S/4HANA FICO Training

Duration:+ / – 40 Hours ( over 5 ~ 6 days )
Language:English
Platform:S/4 HANA
Format:Option 1:  Online Live Instructor-led
Option 2:  In-Class with Instructor
Class Size:1 ~ 5 Participants
Hands-on-practice:24/7 access available for practice.
Who should attend:SAP S/4HANA Finance training is ideal for finance professionals, SAP consultants, project managers, and IT specialists looking to enhance their expertise in financial accounting and controlling.
Pre-requisite:No Prior experience required.
Key Outcomes & Highlights:After completing SAP S/4HANA Finance and Controlling training, participants gain expertise in financial accounting, cost management, and real-time reporting. They learn to optimize financial processes, integrate business functions, and enhance profitability using SAP’s advanced tools. This enables efficient decision-making and streamlined financial operations
SKU: SAPFICO101 Category: Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Course Curriculum

  • Introduction to SAP S/4HANA Finance
  • Introduction to SAP Fiori (vs SAP Gui)
  • Navigation into SAP
  • Organizational Structure
    • Define a Company
    • Define a Company Code
    • Assign Company Code to Company
    • Define Operating chart of accounts
    • Allocate Company Code to Chart Of Accounts
    • Setup Account Groups and their Number Ranges
    • Assign Fiscal Year Variant to company code
    • Assign Posting Period Variant to company code
    • Define Settings for Ledgers and Currency Types
    • Define and Activate Non-Leading Ledger
    • Define Accounting Principles.
    • Assign Accounting Principle to Ledger groups
    • Maintain Document Types
    • Maintain Document Number Ranges for company code
    • Assign Field Status Variant to Company Code
    • Define Tolerances for Employees
  • General Ledger Accounts
    • Create General Ledger Accounts
    • Retained Earnings Account
    • Expense and Revenue G/L Accounts
    • General Ledger Postings
    • Display Balances of G/L Accounts
    • Display Line Items
    • Reverse Entries
    • Park documents in General Ledger
    • Post a Parked Document
  • Introduction to Business Partner, Customer and Vendor Master Data
  • Customer Set up
    • Customer Account Groups with Screen Layout
    • Create and Assign Number Ranges for Customer Accounts
    • Define and Assign BP Number Ranges to BP Customer Groupings
    • Define Number Assignment for Direction BP to Customer
    • Creation of Business Partner Master Data & Customer Master Data
    • SAP Fiori Creation of BP Master Data & Customer Master Data
    • Create Customer Invoice
    • Post Incoming Payments
    • Partial Incoming payment
  • Vendor Set up
    • Vendor Account Groups with Screen Layout
    • Create and Assign Number Ranges for Vendor Accounts
    • Define and Assign BP Number Ranges to BP Vendor Groupings
    • Define Number Assignment for Direction BP to Vendor
    • Creation of Business Partner Master Data & Vendor Master Data
    • SAP Fiori Creation of BP Master Data & Vendor Master Data
    • Create Vendor Invoice
    • Post Outgoing Payment
    • Partial Payment
  • Business Scenario and Introduction to Bank Master Data and House Bank
    • Manage House Bank and Bank Master
    • SAP Business Client – Maintain link between House Bank and G/L
  • Configure Automatic Payment Program
    • Run Automatic Payment Program
      • All Company Codes
      • Paying Company Codes
      • Payment Methods for Country-Specific
      • Payment Medium for Company Code
      • Bank Determination
      • Run Automatic Payment Program
  • Configuration of Dunning
    • Define Dunning Areas
    • Define Dunning Keys
    • Define Dunning Procedures
      • Dunning Level
      • Dunning Charges
      • Minimum Amounts
      • Dunning Texts
      • Run Dunning program
  • Business Scenario for SAP S/4HANA Finance Closing Operations
    • Accruals and Deferrals in SAP S/4HANA Finance
    • Postings in Special Periods
    • SAP S/4HANA Financial Closing Cockpit
    • SAP S/4HANA Financial Closing Cockpit – Preparation
    • SAP Financial Closing Cockpit – Execution
  • Set up Controlling area
  • Activate Components / Control Indicators
  • Assign Company Code(s) to Controlling Area
  • Set Controlling Area
  • Maintain Controlling Document groups and their number ranges
  • Introduction for integration of Controlling with Financial Accounting
  • Maintain Version 0 (Configuration)
  • Cost Element Accounting
    • Primary Cost Elements
    • Secondary Cost Elements
    • Create Primary and Secondary Cost Elements
  • Profit Center Accounting
    • Set Controlling area( OKKS)
    • Maintain controlling area
    • Create Dummy profit center
    • Set control parameter for actual postings
    • Define standard hierarchy
    • Create a profit center group
    • Create profit centers
    • Default Profit Center to G/L Accounts
    • SAP Fiori Creation of Profit Center Master Data
  • Cost Center Accounting Definition
    • Cost Center Standard Hierarchy, Master Data and Functional Area
    • SAP Fiori Creation of Cost Center Master Data
  • Internal Order
    • Create Order Type
    • Create Secondary Cost Elements
    • Maintain Allocation Structure
    • Maintain Number Ranges for Settlement Documents
    • Creating an Order
    • Post Actual cost to Internal Order
    • Period End Closing Process
    • Post entries in Cost Centers/Orders
  • Allocation of the cost
  • Distribution Method
  • Assessment Method
  • Allocation of the Profit
  • Distribution Method
  • Settlement ( Distribute cost from order to other cost objects)
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Master in SAP Finance and Controlling Training – Practical & Career-Focused Learning

Master SAP Finance and Controlling Training with our structured, hands-on learning approach designed for professionals seeking expertise in financial management and cost control. This SAP Finance and Controlling Training program follows a proven roadmap, ensuring learners gain confidence through real-time scenarios, practical exercises, and SAP system simulations.

What is SAP S/4HANA Finance and Controlling?

SAP S/4HANA Finance and Controlling is a core module within the SAP ERP system, essential for managing financial accounting, cost management, and profitability analysis. It integrates seamlessly with other SAP modules, including SAP MM, SAP SD, and SAP PP, making it a valuable skill for professionals aiming to optimize financial operations.

Understanding SAP Finance and Controlling Training is critical for professionals looking to advance their careers in SAP ERP financial management. Whether you’re focused on financial reporting, cost control, or asset management, this training equips you with the practical tools to enhance SAP system efficiency.

For more specialized training, explore SAP FICO Training, which provides deeper insights into SAP Finance & Controlling Training configurations and best practices.

Why Employers Value SAP Finance & Controlling Training

Companies seek professionals who can configure, implement, and manage SAP Finance & Controlling Training effectively. Employers value candidates who can apply theoretical knowledge to real-world financial challenges, which is why our training emphasizes hands-on practice and practical application of SAP Finance & Controlling Training concepts.

From day one, learners gain access to a live SAP environment, allowing them to engage in real-time simulations, financial transactions, and financial reporting exercises. The more you practice, the stronger your grasp of SAP Finance & Controlling Training becomes.

Additionally, professionals who have prior knowledge of SAP functional modules, such as SAP ABAP, SAP MM, and SAP TRM, find it easier to understand SAP Finance & Controlling Training concepts. Having an understanding of ABAP programming can help you customize SAP financial processes, while SAP MM supports procurement-related financial transactions within SAP ERP.

Key Concepts Covered in SAP Finance and Controlling Training

  1. SAP Financial Accounting (FI)
    • General Ledger Accounting
    • Accounts Payable & Receivable
    • Asset Accounting
  2. SAP Controlling (CO)
    • Cost Center & Profit Center Accounting
    • Internal Orders
    • Profitability Analysis (CO-PA)
  3. SAP Financial Planning & Budgeting
    • Cost Allocation Strategies
    • Budget Control Processes
    • Financial Forecasting in SAP
  4. Integration with Other SAP Modules
  • Connecting SAP Finance and Controlling Training with SAP MM for procurement financial transactions
  • Linking SAP Finance & Controlling Training with SAP SD & PP for sales and production cost analysis
  • Utilizing SAP Finance & Controlling Training alongside SAP TRM for treasury risk management

Be Job-Ready with SAP Finance and Controlling Training

Our SAP Finance and Controlling Training program builds technical expertise and prepares students for SAP Finance consultant roles through:

  • Live projects and case studies
  • Financial simulation exercises in a real SAP environment
  • Step-by-step SAP Finance & Controlling Training with practical implementation strategies

To further advance your career, explore SAP Asset Management Training, which complements SAP Finance and Controlling Training by focusing on fixed asset tracking, maintenance costs, and financial depreciation models.

By completing SAP Finance and Controlling Training, professionals gain the skills required to optimize financial processes, enhance operational efficiency, and reduce financial risks within SAP S/4HANA environments