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SAP FICO training

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SAP FICO training, sap fico videos , sap fico video tutorials, sap fico training videos, sap fico video classes

Knowasap provides best FICO Training by our highly professional Instructor.

Finance and Controlling (FICO) training, is an essential training for the finance professionals. FICO training covers the major aspects of FI (Financial Accounting) and CO (Controlling) required by organizations of varying sizes. During the course, the aspirants will learn how to integrate different modules of ERP for bringing financial automation by getting complete information on Accounts Receivable, Accounts Payable, General Ledger, Tax, etc. The participants get complete overview of controlling the flow of costs and revenues taking place, and analyzing the company’s performance for providing improved business process in terms of financial accounting and reporting.

  • Lifetime Access.
  • Course completion certificate, Certification documents and materials, interview questions,job assistance
  • Mode of learning –online self learning
  • 24/7 support.
  • Chat with Instructor

Duration of SAP FICO training Course: sap fico videos, sap fico video tutorials,sap fico training videos

90+ hours

Topics Covered  SAP FICO training are: sap fico videos, sap fico video tutorials,sap fico training videos

Introduction to SAP R/3,   sap fico video classes

  • Introduction to ERP, Advantages of SAP over other ERP Packages
  • Introduction to SAP R/3 FICO

Financial Accounting Basic Settings: SAP FICO training, sap fico videos, sap fico training videos

  • Creation and assignment of company and company code
  • Creation of business area
  • Defining and assignment of fiscal year variant
  • Defining and assignment of posting period variant
  • Defining open and closing posting periods
  • Defining document type & number ranges
  • Maintenance and assignment of field status variants            sap fico video tutorials
  • Defining and assignment of tolerance groups of employees
  • Taxes on Sales & Purchases (input & output)
  • Creation of chart of Accounts
  • Defining Accounts Groups
  • Defining Retained Earnings Account.
  • Defining tolerance groups for G/I accounts

General Ledger Accounting sap fico video classes

  • Creation of General Ledger Master (with and with out reference)
  • Display/Change/Block/Unblock of general ledger master
  • Document Entry posting normal postings posting with reference
  • Display and change of documents
  • Display of GL balances and Line items
  • Parked documents & hold documents
  • Creation of Sample Document and posting
  • Defining recurring entry document and posting
  • Configuration of line layouts for display of GL line items
  • Reversal of individual documents, mass reversal , reversal of cleared items and reversal of accrual and deferral documents
  • Defining Exchange Rate types and Translation ratios
  • Define Exchange rates &  posting of foreign currency transactions
  •  Interest calculations on term loans

Accounts Payable sap fico video classes

  • Creation of vendor account groups and assignment of number ranges
  • Creation of tolerance group for venders
  • Creation of vendor master (display/change/block/unblock of vender master)
  • Posting of vendor transactions (invoice posting, payment posting, credit memo)
  • Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
  • Posting of partial Payment & Residual Payment
  • Creation of payment terms,
  • Creation of house banks and account ids.
  • Creation of check lots and maintenance of check register
  • Configuration of automatic payment program
  • Payment to vendors through APP
  • Un-issued & issued checks cancellation and reversal of issued checks.
  • Defining correspondence & party statement of accounts

Accounts receivable:

  • Creation of customer account groups and assignment of number ranges
  • Creation of tolerance group for customers
  • Creation of customer master (display/change/block/unblock of vender master)
  • Posting of customer transactions (sales invoice posting, payment posting, debit memo)
  • Settings for advance payment from parties (down payment)
  • Configuration of settings for dunning
  • Defining correspondence & party statement of accounts

Asset Accounting

  • Defining chart of depreciation
  • Defining account determination, screen layout, number ranges and asset classes.
  • Integration with General Ledger & Posting rules
  • Creation of asset master and sub asset master (change/display/block/unblock)
  • Defining Depreciation key (base, declining, multilevel, period control methods)
  • Acquisition or purchase of assets, sale of assets
  • Scrapping of assets, Transfer of assets
  • Post Capitalization and write up
  • Depreciation run
  • Line Settle of assets under construction of capital work in progress


  • Financial statement version
  • GL Reports
  • Accounts payable reports
  • Accounts receivable reports
  • Assets

CONTROLLINGBasic settings for controlling

  • Defining Controlling Area
  • Defining Number ranges for Controlling Area
  • Maintain Planning Versions
  • Creation of Primary and Secondary Cost Elements
  • Creation of Cost Element Groups
  •  primary cost element categories and  secondary cost element categories

Cost Center Accounting

  • Defining Cost Center Standard Hierarchy
  • Creation of Cost Centers and cost center groups
  • Planning for cost Center, posting to cost centers
  • Repost of Costs
  • Creation and Execution of Distribution Cycle
  • Creation and execution of assessment cycles
  • Cost Center reports

Internal Orders

  • Defining order types
  • Creation of internal orders
  • Planning of internal orders
  • Postings to internal order
  • Report of Variance analysis

Profit Center Accounting

  • Basic Settings for Profit Center Accounting
  • Creation of Dummy Profit Centers
  • Maintaining versions for profit centers
  • Creation of profit centers and profit center groups
  • Creation of revenue cost elements
  • Automatic Assignment of Revenue elements for Profit Centers
  • Postings to profit centers, planning and variance reporting


  • Procurement cycle
  • Integration with MM
  • Sales process integration with SD
  • Integration with asset accounting

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Top Student Reviews

  1. By Cynthia on January 28, 2019
    Total focused course on complete FICO step by step, excellent work by instructor and good materials.
  2. By Tyler on February 6, 2019
    Amazing contribution by the instructor to make this course, best FICO course till now.
  3. By tanmay on August 13, 2018
    As a MBA finance student, I got here to learn extra so that I perform well in placements, first company Deloitte visited and they were shocked about my FICO learning, got offer letter, excited to join. but its all due to knowasap course..All blessings to you...:)
  4. By Divit on May 10, 2019
    Completed the course , everything is smooth. All sessions are covered in every good way possible and effective book and documents are added advantage. Thanks.
  5. By akash on August 20, 2018
    The topics are easy to understand because of a step by step procedure for you to learn SAP fico. Thanks team
  6. By Manoj on August 20, 2018
    Though the course is covering all the aspects and the pace is also good, all topics are covered with real examples to makes us understand more clearly.
  7. By david on August 20, 2018
    I had a very good learning experience. The sessions were very practical and concepts explained in very simple words.
    I would definitely recommend anyone interested in learning SAP FICO.
  8. By Nitin on August 20, 2018
    course covered the syllabus more than FICO and cross modules. I Recommended to the all SAP FICO learner to go ahead. Thanks all
  9. By sanjay on August 20, 2018
    I would recommend this course to all finance aspirants. lifetime access, materials are downloadable and good support throughout, always remember after completing the course they will ask for updated resume with fico skill and get referred in all best mnc's , they deliver what they say. Thanks team.
  10. By Karan on September 21, 2018
    after MBA i was searching for a job thank god I started learning FICO. placed in capgemini currently thanks team.