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.

Start Date

20/02/2024

Time

9:00 am CST

Duration

40 Hours

Type

Online

Mode of Training

Real Time Training

Course Curriculum

Part A – Financial Accounting

Module 2 – Financial Accounting Basic Settings (Organization Structure)

Module 3 – General Ledger Accounting

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

Module 6 – Bank Accounting

Module 7 – Data Migration

Module 8 – Asset Accounting

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

Module 6 – Profit Center Accounting

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)

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

Module 3 – Validations & Substitutions

Module 4 – Sales Tax

Module 5 – Idocs

Module 6 – ASAP Methodology

Module 7 – Real-time Documentation

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

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

Start Date

Time

Duration

Type

Mode of Training

Course 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

1. Creation of customer account groups

2. Creation of number ranges for customer master records

3. Assignment of number ranges for customer account groups