SAP FICO Tutorial – Free SAP FICO Module Training Tutorials

SAP FICO Tutorial – Free SAP FI & SAP CO Module Training Tutorials

SAP FICO Tutorial – Latest SAP Financial Accounting (SAP FI) & Controlling (SAP CO) training tutorials to learn SAP FICO module from basics to advanced concepts with the real time scenarios and issues.

SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is an important module of ERP and both FI and CO modules stores the financial transactions data. 

SAP FICO training Tutorial teach you in an easy method with screenshots step by step. SAP FICO Tutorials with materials are specially designed for all SAP beginners and SAP professionals so that you can configure and implement SAP FICO step by step.

Through this SAP FICO training, you will learn FICO module including General Ledger Accounting, Accounts Receivable(AR), Accounts Payable (AP), Asset Accounting, Banking, Integration of SAP FICO with other modules of Material Management, Sales & Distribution & Production Planning.

SAP FICO Course Content

• SAP FI Basics
• Organization Structure
• Financial Accounting Global Settings
• General Ledger (G/L) accounting
• Tax Configuration
• GST configuration
• Accounts Payable (AP)
• Accounts Receivable (AR)
• Bank Accounting
• Treasury Management
• Investment Management
• SAP FICO MM modules integration
• SAP FICO SD Modules Integration
• Asset Accounting (AA)

Check below the SAP FICO tutorial as per the syllabus wise and select each topic one by one for better learning.

SAP FI – Basics

1. What is SAP
2. What is ERP
3. What is SAP Hana Studio
4. What is SAP FICO
5. Accounting Entries in SAP
6. Types of SAP Projects
7. Important FI transaction Codes

SAP FI – Organization Structure

1. Define Company
2. Define Company Code
3. Create new companies by copying existing company code
4. Assign Company Code to Company
5. Define Business Area
6. Define Functional Area
7. Define Credit Control
8. Assign Company Code to Credit Control
9. Define Segments
10. Define Financial Management Area
11. Enterprise Structure Transaction Codes

SAP FI – Financial Accounting Global Settings

1. Activate new General Ledger Accounting
2. Maintain Fiscal Year Variant
3. Assign Company Code to Fiscal Year Variant
4. Define variants for Open Posting Periods
5. Open and Close Posting Periods
6. Assign Posting Period Variant to Company Code
7. Define Field Status Variants
8. Assign Company Code to Field Status Variants
9. Define Posting Keys
10. Define Document Types
11. Define Document Number Ranges
12. Define Tolerance Group for Employees
13. Define Tolerance Group for G/L Accounts
14. Assign Users to Tolerance Group
15. Global Parameters for Company Code
16. Define Additional Local Currencies for Company code

SAP FI – General Ledger (G/L)

1. Define Chart of Accounts
2. Assign Company Code to Chart of Accounts
3. Define Account Groups
4. Define Retained Earnings Account
5. Define sample account rule types
6. Define data transfer rules
7. Assign company code to rule type
8. Create Sample Account
9. Create General Ledger Account 
10. Activate Reconciliation Ledger
11. Accounting Entries in SAP
12. Define Financial Statement Versions

Tax Configuration

1. Tax calculation procedure
2. Tax condition types
3. Assign country to the calculation procedure
4. Jurisdiction code structure
5. Maintain Tax code
6. Allow tax codes for non-taxable transactions

SAP FICO – GST Configuration

1. GST Calculation procedure 
2. Assign country to GST tax calculation procedure
3. Define access sequence 
4. Define condition types for GST
5. Define account keys in SAP for GST
6. Complete steps – implementation of GST in SAP Hana

 SAP FI- Accounts Payable:-

1. Create Vendor Account Groups
2. Create Number Ranges for Vendor Accounts
3. Assign the number ranges to Vendor account groups
4. Create Sundry Creditors Account
5. Define Tolerances Group for Vendors
6. Vendor Payment Terms
7. Create Vendor Master Data
8. Automatic Payment Program

SAP FI- Accounts Receivable:-

9. Create Customer Account Groups
10. Create Number Ranges for Customer Accounts
11. Assign Number Ranges to Customer Account groups 
12. Define Tolerances Group for Customer
13. Customer Payment Terms
14. Create Customer Master Record
15. Dunning procedure configuration

SAP Bank Accounting

1. Create bank key
2. Define House bank
3. Global Settings for Electronic Bank Statement

SAP Treasure Management

1. Define Lockboxes
2. Define lockbox posting data
3. Define source symbols

SAP FI – Asset Accounting

16. Chart of Depreciation
17. Assign Chart of Depreciation to Company Code
18. Specify Account Determination
19. Create Screen Layout Rules
20. Maintain asset number ranges
21. Define Asset Classes
22. Determine the Depreciation area in the Asset Class
23. Assignment of General Ledger Accounts
24. Define Screen Layout for Asset master data
25. Define Screen Layout for Asset Depreciation Areas
26. Maintain Depreciation key

Investment Management

1. Define investment program types
2. Assign program types to operative objects
3. Define Investment Profiles
4. Define Investment Plan Profiles
5. Define budget profile
6. Define Budget Categories

SAP FI-MM Integration

1. Define Plant
2. Define Division
3. Define Storage Locations
4. Define Purchasing Organization
5. Assign Plant to Company Code
6. Assign Purchasing Organization to Company Code
7. Assign Purchase Organization to Plant
8. Define Purchasing Groups
9. Create Material Groups
10. Maintain Company Code for Material Management

SAP FI-SD Integration

1. Define Sales Organization
2. Assign Sales Organization to Company Code
3. Define Distribution Channel
4. Assign Distribution channel to Sales Organization
5. Define Division
6. Assign Division to Sales Organization
7. Define Plant
8. Define Shipping Point
9. Assign Shipping Point to Plant
10. Maintain Sales Area
11. Assign Sales Organization-Distribution Channel-Plant.

Note: The configuration steps up to 12 will be configured by SAP SD consultants, however as an SAP FICO consultant knowing these configuration steps helps you to learn completely how SAP FI and SD module integration each other.

Now, most companies are upgrading to S4 Hana System from the ECC system. You can refer to S4 Hana Finance training tutorials that help you learn Finance modules with real-time scenarios and interview questions.