SAP ECC Financial Accounting Certification Training

4.44(9 Ratings)

SAP ECC FI Online Training is not just a course, it is a career investment. SAP FI solution is deployed worldwide, which offers global job opportunities. Augment your SAP FI Skills or develop new expertise for SAP Financials Solutions. By taking our training program, you will build the knowledge for innovative financial management which is constantly changing. This training helps trainees with specific information on financial accounting which helps them to master the art of using SAP ECC FI and offers the end-to-end knowledge on how to automate complicated business accounting & financial tasks. Our course will help you to prepare the trainees to learn and understand all the end-to-end implementation steps to configure SAP FI modules for any organization. We have the best, highly advanced lab materials and the updated course materials as per the latest industry standards.

$ 599.00

What Will I Learn?

Understand the basic concepts of Financial Accounting
Learn how to create General Ledger
Gain Knowledge on the key concepts of Accounts Payable, Accounts Receivable and Bank Accounting
Understand how Parallel Ledgers & Document Splitting works
Learn what Statistical Key Figure is.
How to create & execute Distribution Cycle with/without SKF, Assessment cycles with/without SKF and Actual periodic reposting

Material Includes

Reading Material, Videos, Info-graphics

Start Date

23/03/2024

Time

9:00 am CST

Duration

40 Hours

Type

Online

Mode of Training

Real Time Training

Curriculum

247 Lessons48h

Part A – Financial Accounting

Module 2 – Financial Accounting Basic Settings (Organization Structure)

1. Definition of company

2. Definition of company code

3. Assignment of company to company code

4. Definition of business area

5. Definition of Chart of accounts and types of chart of accounts

6. Assignment of chart of accounts to company code

7. Definition of Account groups

8. Defining Retained Earnings Account

9. Definition of fiscal year variant, Short-end fiscal year

10. Assignment of fiscal year variant to company code

11. Definition of posting period variant

12. Assignment of posting period variant to company code

13. Open and close FI posting period

14. Defining document type & number ranges (internal and external)

15. Maintenance of field status variants

16. Assignment of field status variant to company code

17. Definition of tolerance groups for GL accounts

18. Definition of tolerance groups for employees

19. Assignment of tolerance groups to users

20. Global parameters

Module 3 – General Ledger Accounting

1. Creation of General Ledger Master (with and without reference)

2. Display/Change/Block/Unblock of general ledger master

3. Document Entry posting: normal postings and posting with reference

4. Display and change of documents

5. Display of GL balances

6. Display GL account line items

7. Parked documents

8. Hold documents

9. Creation of Sample Document and postings with sample documents

10. Creation of account assignment model and posting

11. Configuration of line layouts for display of GL line items

12. Accrual and Deferral documents

13. Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents, re-reversal

14. Types of clearing – standard, partial and residual

15. Defining Exchange Rate types, Forex table and Translation and tables

16. Define Exchange rates & posting of foreign currency transactions

17. Interest calculations on term loans

18. Recurring documents

19. Tables and reports in GL

Module 4 – Accounts Payable

Module 5 – Accounts Receivable

Module 6 – Bank Accounting

Module 7 – Data Migration

Module 8 – Asset Accounting

1. Defining chart of depreciation, depreciation areas

2. Creation of 0% tax codes for sales and purchases

3. Assignment of the chart of depreciation to company code

4. Defining account determination

5. Definition of screen layout rules

6. Definition of number ranges for asset classes

7. Integration with General Ledger & Posting rules

8. Defining Depreciation key

9. Definition of multilevel methods

10. Definition of period control methods

11. Creation of main asset master records

12. Creation of sub-asset master records

13. Acquisition/purchase of fixed assets

14. Sale/retirement of fixed assets

15. Transfer of assets (intra and intercompany)

16. Scrapping of assets

17. Depreciation run

18. Asset history report, Asset explorer and Asset documents

19. Line item Settlement of assets under construction of capital work in progress

20. Year-end activities

21. Asset mass changes

22. Tables and reports in AA

Module 9 – New General Ledger Accounting

Module 10 – Reports

Part B – Controlling

Module 1 – Basic Settings for Controlling

Module 2 – Cost Element Accounting

Module 3 – Cost Center Accounting

Module 4 – Statistical Key Figure

Module 5 – Internal Orders

1. Defining order types

2. Creation of internal order master records

3. Display and change internal order master records

4. Postings to internal orders

5. Planning for internal orders

6. Reposting co line items for internal orders

7. Repost of costs for internal orders

8. Report of Actuals and Variance analysis for internal orders

9. Creation of real and statistical internal orders

10. Posting of business transaction to real orders

11. Definition of allocation structures

12. Definition of settlement profiles

13. Definition of planning and budget profiles

14. Settlement of real internal orders

15. Budgeting and availability control

16. Maintain number ranges for budgeting

17. Define tolerances for availability control

18. Specification of exempt cost elements from availability control

19. Maintenance of budget manager

20. SAP Business workplace

Module 6 – Profit Center Accounting

1. Basic Settings for Profit Center Accounting

2. Creation of Dummy Profit Centers

3. Maintenance of control parameters for actual postings

4. Maintaining planning versions for profit centers

5. Maintenance the number ranges for profit center documents

6. Creation, change and display of profit center master records

7. Creation of revenue cost elements

8. Automatic Assignment of Revenue elements for Profit Centers

9. Assignment of profit centers in cost center master records

10. Creation of account groups in profit center accounting for planning

11. Planning for profit and loss account items

12. Planning for balance sheet items

13. Posting of transactions into profit centers

14. Generating the variance reports for profit and loss account items

15. Generating the variance reports for balance sheet items

16. Transferring balances from one PC to another PC

Module 7 – Profitability Analysis

Part C – Product Costing

Module 1 – Product Cost Planning

Part D – Integration

Module 1 – Integration of FI with MM (P2P Cycle)

1. Definition of organizational units in materials management i.e. plant, storage location and purchase organization

2. Assignment of organizational units to each other

3. Definition of tolerance groups for purchase orders

4. Definition of tolerance groups for goods receipt

5. Definition of tolerance groups for invoice verification

6. Definition of vendor specific tolerances

7. Creation, display and change of material master records

8. Creation of plant parameters

9. Maintenance of posting periods for materials management

10. Maintenance of parameters for invoice verification

11. Maintenance of plant parameters for inventory management and physical inventory

12. Definition of attributes for material types

13. Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)

14. Valuation classes, Valuation grouping code

15. Creation of purchase order, posting of goods receipt, invoice verification and Goods issue for production

16. Price control – standard and moving average with postings

17. GR/IR clearing from F.13MM Pricing procedure and adding freight to pricing procedure

18. Stock report MB5B

Module 2 – Integration of FI with SD (O2C Cycle)

1. Definition of sales organization

2. Definition of distribution channels

3. Definition of divisions and Sales area

4. Assignment among various organizational units in SD

5. Definition of partner functions

6. Definitions of shipping point and loading points

7. Definition of pricing procedures

8. Determining the shipping points

9. Determining the pricing procedures

10. Maintenance of SD condition types

11. Maintenance of condition records

12. Assignment of GL accounts for sales transactions (integration of FI with SD)

13. Creation of sales order

14. Initialization of stock

15. Posting the delivery of goods with PGI

16. Creating the sales invoice

17. SD pricing procedure

Module 3 – Validations & Substitutions

Module 4 – Sales Tax

Module 5 – Idocs

Module 6 – ASAP Methodology

Module 7 – Real-time Documentation

Course Prerequisites

Basic level knowledge of the SAP® ERP Financials modules.
Basic knowledge of Financial and Management Accounting.
Sufficient knowledge in few basic concepts like General Ledger Accounting, Accounts Receivable, and Accounts Payable

SAP ECC Financial Accounting Certification Training

Instructor Name- Aruna

Instructor Qualification- CERTIFIED SAP FI & CO WITH ECC AND S4 HANA

Instructor Description:

Has overall 15 years of experience.
9 years of experience with respect to SAP FICO
Has keen knowledge in controlling module
Specialization in Core banking.
Has exposure to S4HANA as well.
Has vast knowledge in SAP FICO and helped more than 300 students to get certified.
Excellent communication skills and has more than 7 years of experience in training the students across the globe.

Roadmap

Salary range

Ratings & Reviews

4.4

Total 9 Ratings

4 ratings

5 ratings

0 rating

Chandra Telmeti

3 years ago

I got the complete knowledge on SAP Finance. Lectures are understandable and the trainer is pioneer in it... Thank you team

Erica Jackson

3 years ago

The training has helped me in a way that I will be forever taking training from Uptaught exclusively. Especially the support has been really wonderful compared to what I anticipated before enrolling into the program.

The instructor was patient enough to solve everybody's queries.

Lee Flynn

3 years ago

An excellent faculty. Enjoyed every bit of the training. A lot of hands on exercises were inculcated during the training.

Kudos Uptaught

Noah Courtney

3 years ago

I am glad I opted for the 1 on 1 session. It was bit pricy, however worth every penny. The trainer was professional & helped me with my project at ease. Thanks Uptaught.

Priya

3 years ago

Uptaught has a team of highly experienced trainers with structured content. Especially their after sales management is really appreciable. The course advisor is always there to assist. Would highly recommend Uptaught.

Christopher

3 years ago

Excellent SAP FI training. A good platform to learn SAP with lot of real-time scenarios.
I am going to recommend Uptaught to one & all.

Rachel Thomas

3 years ago

Training on FI ECC was really helpful for me to get certified. I thank the trainer for his practical way of teaching and support in case of certifications.

Gokul Raj

3 years ago

Training is from the scratch. Study materials are very much helpful in clearing certifications. myself certified coz of those materials only.

Stephanie Rex

3 years ago

Instructor is very helpful and knowledgeable. Fascinated by the practical training approach.

FAQs

What is the scope of SAP FI Consultant?

As the market is emerging, massive industries are implementing, in the next five years, there will be a huge demand in the financial perspective. There are very limited certified SAP FICO Consultants with complete subject knowledge in the market. Thus we can expect more demand for FICO consultants in the near future.

Is SAP FI certification worth taking?

Yes, SAP FI certification is worth it in recent times and will stay significant for the future as well.

How much does SAP Certification Exam costs?

Associate-level SAP certification exam cost is 350 Pounds
Professional-Level SAP certification exam cost is 430 Pounds

What is the average salary of an SAP ECC consultant?

The average salary of an SAP ECC consultant is US$ $93,908.

What job roles you can choose after completing SAP ECC FI Training?

Here are some of the job roles for which you are eligible:

SAP Consultant
IT Developers and Testers
BI and reporting professionals
Project Managers
Data Scientists

Which industries are looking for SAP ECC Consultants?

The following are the different industries that are looking for SAP Consultants:

Information Technology
Telecommunications
Operational Reports and Analytical Business Automobile
Oil and Gas
Consumer Products
Engineering
Construction
Operations
Healthcare
Industrial Machinery and Components
Utility
Government Sector

Which are the top-notch companies that hire SAP ECC FI Certified Professionals?

Major companies that are hiring SAP ECC FI certified professionals are:

PWC
Bristlecone
EY
Deloitte
SAP
Infosys
TCS

What skills should an SAP ECC Consultant have?

The following are the top SAP ECC Consultant skills that every consultant must have:

General Ledger Accounting
Accounts Payable
Asset Accounting
Reporting
Accounts Receivable
Financial Closing
SAP Financial Basics

How difficult is SAP ECC FI certification?

It is not tough if you follow a precise learning path and become easy to ace the SAP ECC FI certification. Before starting the preparation, focus on the Exam Objectives, check for good preparation resources.

Is SAP FI is good for fresher without any Financial Accounting background?

No, FI is a difficult and critical module where the system needs to accomplish business, statutory, legal and mandatory necessities. You have to put lot of practice to understand the terminologies and Financial Accounting.

Is SAP FICO beneficial?

SAP FICO is one of the SAP core modules and is deeply integrated with other modules such as SAP Sales and Distribution (SAP SD), Sales Material Management (SAP MM), SAP Production Planning (SAP PP), and so on.

How would be the future as SAP Functional Consultant?

SAP FICO is the pillar of SAP as this is an outstanding application for finance-related functions and is one of the most demanding products.

Which application is more widely used? SAP FICO or Oracle?

SAP FICO and Oracle financials are demanding in the specific field. But most of the manufacturing companies choose SAP FICO.

What amount of experience is required to appear for Associate level certification without attending any SAP Education course or training?

You require a Minimum 1 year of SAP Implementation Experience or 2 years of Support experience with a minimum of 6 months experience in the module and version in which you desire to take up certification.

What modules am I eligible to cross-train myself into advanced modules?

You can also cross-train yourself into advanced modules like CO, SAP S/4HANA Finance, BPC, BI, FSCM, etc.

SAP ECC Financial Accounting Certification Training

Login

What Will I Learn?

Material Includes

Start Date

Time

Duration

Type

Mode of Training

Curriculum

Part A – Financial Accounting

Module 2 – Financial Accounting Basic Settings (Organization Structure)

1. Definition of company

2. Definition of company code

3. Assignment of company to company code

4. Definition of business area

5. Definition of Chart of accounts and types of chart of accounts

6. Assignment of chart of accounts to company code

7. Definition of Account groups

8. Defining Retained Earnings Account

9. Definition of fiscal year variant, Short-end fiscal year

10. Assignment of fiscal year variant to company code

11. Definition of posting period variant

12. Assignment of posting period variant to company code

13. Open and close FI posting period

14. Defining document type & number ranges (internal and external)

15. Maintenance of field status variants

16. Assignment of field status variant to company code

17. Definition of tolerance groups for GL accounts

18. Definition of tolerance groups for employees

19. Assignment of tolerance groups to users

20. Global parameters

Module 3 – General Ledger Accounting

1. Creation of General Ledger Master (with and without reference)

2. Display/Change/Block/Unblock of general ledger master

3. Document Entry posting: normal postings and posting with reference

4. Display and change of documents

5. Display of GL balances

6. Display GL account line items

7. Parked documents

8. Hold documents

9. Creation of Sample Document and postings with sample documents

10. Creation of account assignment model and posting

11. Configuration of line layouts for display of GL line items

12. Accrual and Deferral documents

13. Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual and deferral documents, re-reversal

14. Types of clearing – standard, partial and residual

15. Defining Exchange Rate types, Forex table and Translation and tables

16. Define Exchange rates & posting of foreign currency transactions

17. Interest calculations on term loans

18. Recurring documents

19. Tables and reports in GL

Module 4 – Accounts Payable

1. Creation of vendor account groups

2. Creation of number ranges for vendor master records

3. Assignment of number ranges to vendor account groups

4. Creation of tolerance group for venders

5. Creation of vendor master (display/change/block/unblock of vender master) and related tables

6. Posting of vendor transactions (invoice posting, manual payment posting, credit memo) and related tables

7. Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)

8. Posting of partial Payment & Residual Payment

9. Cash discounts from vendors and payment terms

10. Automatic payment program configuration with SEPA format

11. Bank master data and house banksF110 execution – main bank posting from F110 and bank clearing account posting from F110 and related tables

12. DME files creation in xml and txt format and understanding DME structure in DMEE

13. Payment advice generation, payment summary generation

14. Reversal of payment documents

15. Vendor clearing – standard, partial and residual

16. Check payment method and create checks manually and automatically and print

17. Creation of check lots and maintenance of check register

18. Check encashment dates

19. Cancellation of unissued checks and issued checks

20. Creation of void reasons

21. Issued check cancellation

22. Deleting manual checks and voided checks

23. Defining correspondence & party statement of accounts

24. Real-time scenarios on APP

25. Intercompany payments – manual and automatic

26. Tables and reports in AP and APP

Module 5 – Accounts Receivable