What Is SAP FICO?
SAP FICO is a combination of SAP FI and SAP CO. The SAP FICO full form suggests SAP FI as SAP Financial Accounting and SAP CO as SAP Controlling. In other words, SAP FICO meaning proposes an integrated diverse module subjected to the financial accounting and cost controlling of an organization. To understand this better, let’s begin with its roots. SAP ERP (Enterprise Resource Planning) is a system that consists of numerous modules. These modules cover certain specific business areas of an organization which is completely based on SAP.These modules include Materials Management, Product Planning, Business Intelligence, Sales and Distribution, Human Resources, Financial Accounting, Controlling, and a few others. This is the reason why professional SAP consultants choose to subject their expertise to one or two SAP modules only. And so, the SAP consultants opt for the certification in their specific areas of expertise. Well, currently, SAP offers their certifications in three levels, which are, associate level, professional level, and master level.
Coming back to SAP FICO, the SAP FI module is designed in such a way that it helps in facilitating the following business processes in an organization:
- General Ledger and Special Purpose Ledger.
- Accounts Payable.
- Accounts Receivable.
- Bank Accounting.
- Asset Accounting.
- Funds Management.
- Travel Management.
On the other hand, SAP CO module is into accounting management. This module is also referred to as SAP Management Accounting module. The SAP CO module focuses on the following expertise:
- Cost Element Accounting (CEL).
- Cost Center Accounting (CCA).
- Activity Based Accounting (ABC).
- Internal Orders (OPA).
- Product Cost Controlling (PC).
- Profitability Analysis (PA).
- Profit Center Accounting (PCA).
Our SAP FI program offers live classes under the supervision of expert instructors. The SAP FICO module provides hands-on training to meet the financial accounting, managerial and cost controlling needs of an organization. This real-time SAP FICO training course is available from basic to advanced level. This online training program is planned and designed in an efficient way to secure your place in high-esteemed multinational corporations (MNCs). Our professional instructors are certified and experienced in numerous real-time SAP FICO projects. The course content of our SAP FICO online training program is designed in such a way that the attendant will step ahead towards his/her career goal. This SAP FICO module will provide an exposure to SAP R/3 FICO, basic settings of financial accounting, general ledger accounting, payable and receivable accounts, asset accounting, reporting, controlling, product costing, and integration of financial accounting and materials management.
Why Opt For The SAP FICO Courses?
You must be thinking that “why SAP FICO?.”Leading industries and organizations are using SAP FICO for monitoring their institution’s financial status. It is also known that an SAP FICO certified professional earns more than any other professional who is trained in several other technologies. Our training program will help you to grab one of those high-esteemed SAP FICO jobs easily. So, if you are someone who is very passionate about your career growth then this SAP FICO training program will help you to:
- Prepare for the SAP FICO certification exams.
- Become a professional SAP FICO consultant.
- Learn SAP FICO live and online.
- If you are not aware of the average SAP FICO salary, then you must know that it is $120,000 P.A.
- The market share of SAP FICO is 3.3%
- Major leaders of top industries are now turning towards SAP FICO. A few of the big names involve Accenture, Tata Technologies, Reliance Industries, and many more.
- The SAP FICO course will make you capable of better handling of company accounts and will offer you a highly advanced approach to financial transaction reporting.
- To your satisfaction, a report has concluded that SAP customers help 800 million consumers to live a safer and healthier life.
So, if you really want to succeed and progress in your life then learn SAP FICO from one of our SAP FICO courses that will help you outshine. The SAP FICO career path will bring you to a better level in your professional life.
About our SAP FICO Power User Certification Training
Zenfotecs’ SAP FICO certification training comes in three modules which include instructor-led classroom training, instructor-led online training and recorded video training. The registered candidates of both the SAP FICO Power User Certification training programs will be having 24/7 access to our digital library.
Under instructor-led online training, the candidate will be exposed to the interactive live training. The professional trainers are SAP FICO certified experts and are experienced in real-time projects. This SAP FICO module is designed for job oriented candidate who will be focusing on the industry ready curriculum from the starting of the training program. Once the candidate registers him- or herself for this module, the registered candidate will have the access to our free courses for 365 days. The SAP FICO course will be completed within regular classes and in weekend training classes. You can also opt for our fast track training program (over 5 hours daily).
With recorded video training, the registered participant will be having an advantage of learning about SAP FICO at your own convenience. The recorded videos are a contribution of highly professional and certified SAP FICO consultants. The registered candidate will get SAP FICO forums and email support for the 365 days of the year. Besides that, by paying a nominal token amount, the candidate will also get priority certification support and sessions from multiple instructors.
Apart from that, we are also into Corporate Training so that any organization can train their own employees to work with their best efforts. For corporate training, we provide both in-class and online training. The SAP FICO training will help in enhancing and sharpening the skills of an employee. We will ensure that your employees get the latest technological advancements in their own fields of expertise.
Key Features of SAP FICO Online Training
Our SAP FICO training will offer:
- Real-time approach.
- Professional certified trainers.
- 24/7 access to our digital library.
- Industry based SAP FICO course content.
- Certification related SAP FICO training material.
- Lifetime access to recorded SAP FICO videos.
- Practical SAP FICO training.
- Instant support.
- Reasonable SAP FICO training fees.
SAP FICO Course Objectives
The SAP FICO training program makes you capable of overseeing the financial status of an organization. After undergoing this SAP FICO training program, you will be able to evaluate the internal operations of the organization. This evaluation can be done with the help of generating and scheduling the reports. You will also get the optimal solutions for respective accounting requirements.
Following are the course objectives for SAP FICO training module:
- Basic knowledge of SAP, general ledger, ERP and its packages.
- Full-fledged knowledge of accounts payable, accounts receivable, asset accounting, and reports.
- Awareness of job trends in SAP FICO.
With our designed SAP FICO training program, you will get to know the step by step guide to understand the industry based financial accounting and controlling by our expert consultants. You will witness a high-quality HD session for your complete guidance.
Who can learn?
To begin with this SAP FICO online training, there are no mandatory prerequisites that you should qualify for. But yes, as per the job opportunities, the people who belong to this following background will definitely be benefited from this SAP FICO course:
- Anyone who is a B.A. or B.Com graduate.
- Chartered Accountants (CA).
- Accounts and Finance Professionals.