Climaxhub: Your Premier Training Institute for SAP FICO
SAP FICO, which stands for Financial Accounting and Controlling, is one of the most important modules in SAP. It covers all financial transactions within an organization, making it essential for professionals looking to pursue a career in finance and accounting. Climaxhub offers a comprehensive SAP FICO course that covers all the essential topics and skills needed to excel in this field. The Key Highlights include:
- Introduction to SAP ERP and Navigation
- General Ledger Accounting (GL)
- Accounts Payable (AP) and Accounts Receivable (AR)
- Asset Accounting (AA)
- Bank Accounting and Cash Management
- Financial Closing and Reporting
- Cost Element and Cost Center Accounting
- Internal Orders and Profit Center Accounting
- Integration of FICO with other modules (MM, SD, HCM)
- Hands-on Configuration and End-user Scenarios
Best Training & Mentorship with Climaxhub
When you choose Climaxhub for your SAP FICO training, you can expect nothing but the best. Our expert instructors have years of experience in the field and are dedicated to providing personalized guidance to each student. With small class sizes and hands-on training, Climaxhub ensures that every student receives the attention and support they need to succeed.
Benefits of Choosing Climaxhub for SAP FICO Training
- Expert Instructors: Our instructors are industry experts with hands-on experience in SAP FICO.
- Personalized Guidance: Small class sizes ensure that every student receives personalized attention.
- Hands-On Training: Get practical, real-world experience to prepare you for the workforce.
- Job Placement Assistance: Climaxhub helps students secure job placements after completing the course.
- Flexible Schedule: Choose from flexible training schedules to fit your busy lifestyle.
SAP FICO Course Overview
The SAP FICO (Financial Accounting and Controlling) course is designed to provide a deep understanding of the financial and managerial accounting functions within SAP ERP. As one of the most critical modules in SAP, FICO enables organizations to track and manage financial conditions, support internal reporting, and ensure compliance with financial regulations.
This course covers both FI (Financial Accounting) and CO (Controlling) components, offering participants hands-on experience in configuring and executing key financial processes. It prepares learners to handle real-time business scenarios, from general ledger postings to cost center planning, and equips them for roles in SAP implementation, support, and consulting.
Learning Outcomes
By the end of this course, participants will be able to:
- Understand the structure and functionality of SAP FICO
- Configure and execute core financial accounting processes
- Perform cost accounting and internal reporting activities
- Integrate FICO with other business processes in SAP
- Analyze financial data to support decision-making
- Contribute effectively to SAP financial projects and audits
Course Description
The SAP FICO course at Climaxhub covers a wide range of topics, including financial accounting, controlling, asset accounting, and more. Students will learn how to configure and customize the SAP FICO module, as well as how to generate financial reports and analyze data. With hands-on projects and case studies, students will gain practical experience that will set them apart in the job market.
Who Should Enroll?
This course is ideal for:
- Aspiring SAP FICO Functional Consultants
- Finance and Accounting Professionals
- ERP Project Team Members
- Controllers and Internal Auditors
- SAP End Users seeking system expertise
Disclaimer:
- This course does not include live training. SAP is a registered trademark of SAP AG in Germany and other countries. This course is not affiliated with or endorsed by SAP.
- SAP software (including SAP GUI) is proprietary. Neither the instructor nor the course platform is authorized to provide system access. You may obtain official practice access through SAP’s website. Please search for “SAP Access” via your preferred search engine for more details.
In conclusion, Climaxhub is the premier training institute for SAP FICO, offering expert instructors, personalized guidance, and hands-on training to help you excel in your career. With a comprehensive course curriculum and job placement assistance, Climaxhub is the perfect choice for anyone looking to take their skills to the next level in SAP FICO.
Join us today and unlock new opportunities in finance and accounting!
Curriculum
- 1 Section
- 0 Lessons
- 8 Weeks
- SAP FICO Course Curriculum1. SAP FICO Foundation & System Setup
• Introduction to SAP FICO
• SAP Implementation Project Lifecycle
• SAP GUI Installation and LOGON Overview
• Overview of SAP Modules
• Understanding and Configuring Enterprise Structure
• Fiscal Year Variant: Concept & Configuration
• Chart of Accounts: Operational, Group, Country-Specific
• Posting Period Variant: Concept & Configuration
• Document Types and Number Ranges
• Field Status Variants
• Tolerance Groups
• Global Parameters, Document Splitting & Related Configurations
• Controlling Area Setup
2. General Ledger Accounting (GL)
Configuration & End-User Operations
• G/L Master Data Creation and Variants
• G/L Account Groups and Management
• Cross-Company Code Transactions: Concept & Configuration
• Open/Close Posting Period Testing
• Document Reversal & Negative Posting Scenarios
• Accruals & Deferrals: Month-End Provisions
• Sample, Recurring, and Held Documents
• Clearing Mechanisms: Full, Partial, Residual, and Differences
• Interest Calculations: Simple & Compound Interest
• Real-Time Issues and Resolutions
• Reporting and Layout Management
3. Taxation: Sales & Purchases
• Introduction to Tax on Sales and Purchases
• Tax Configuration (Input/Output, Deductible/Non-deductible)
• Tax Procedure and GL Assignments
• Posting Tax Transactions (GUI & FIORI)
4. Accounts Payable (AP)
Configuration & Transactions
• Vendor Master Data Management
• Invoice Posting, Clearing, and Adjustments
• One-Time Vendor Setup
• Down Payments and Noted Items
• Dual Control Mechanism for Sensitive Fields
• Foreign Currency Vendor Transactions
• Vendor Correspondence and Statement via Email
Automatic Payment Program (APP)
• House Bank Setup & Check Management
• APP Concept and Configuration
• Cross-Company and DME Payments
• Payment Advice Automation
• Extensive Scenario-Based Testing (12+ APP Scenarios)
5. Accounts Receivable (AR)
Configuration & End-User Operations
• Customer Master Data Setup
• Invoice Posting and Clearing Mechanisms
• Down Payment and Noted Item Processes
• Customer-Vendor Integration
• Lockbox Configuration & Processing
• Electronic Bank Statement (BAI2 Format)
• Bills of Exchange: Configuration & Lifecycle
• AR Item Interest Calculation
• Dunning Process: Setup to Execution
6. Asset Accounting (Classic & New)
ECC & S/4HANA Coverage
• Asset master creation and lifecycle (procurement, depreciation, retirement)
• Sub-assets, scrapping, and asset under construction (AuC)
• Integration with G/L and MM modules
• Depreciation key configuration (SLM, WDV)
• New Asset Accounting in S/4HANA including parallel ledgers
7. Integration with Other Modules
MM-FI Integration
• Configuration & Procure-to-Pay (P2P) Process Testing
SD-FI Integration
• Configuration & Order-to-Cash (O2C) Process Testing
• GL Determination (OBYC, VKOA)
Additional MM/SD Concepts for FICO
• Discounts, Price Variances, and VAT/GST Handling
8. Controlling (CO) Configuration
• Overview of Controlling Module
• Controlling Area Setup
• Cost Elements & Categories
• Number Ranges & Version Control
9. S/4HANA Exclusive Modules
Organization Structure & GL Operations
• Fiori & GUI Transactions for GL, Profit Centers, Cost Centers
• Mass Uploads via LTMC
• Cross-Company Transactions & Reversals (GUI & FIORI)
• Fast Data Entry Templates (GUI & FIORI)
Interest Calculation & Document Templates
• Reference Documents, Recurring Entries
• Sample Documents from GUI & FIORI
Business Partner Management
• BP Role Configuration
• Vendor/Customer Conversion in S/4HANA
• BP Fiori Integration
Fiori Customization
• Adding Apps to Launchpad
• Catalog Creation and Authorization
• OData Service Activation
10. Data Migration
Using LSMW (Legacy System Migration Workbench)
• Project Creation, Field Mapping
• Upload, Batch Processing, Debugging
• Export/Import LSMW Projects
11. Year-End Activities
• Balance Carryforward
• Asset Year-End Closing Activities
• GL Year-End Closing Steps
12. SAP Validations & Enhancements
• Ref. Field, Posting Date & Business Area Validations
• Custom Enhancements and Troubleshooting
• SAP Queries (Global/User Specific, Asset Reports)
13. Transport Request Management
• TR Creation, Management & Issue Resolution
14. Withholding Tax / TDS
• Configuration and Testing of Tax Deduction at Source
Bonus
• Upgrade Overview to S/4HANA
• S/4HANA Notes & Setup Guidance
• Real-Time Practice Scenarios with Solutions0

