📌 Introduction
SAP FICO (Financial Accounting & Controlling) is one of the most important SAP modules 💼, helping businesses streamline accounting, reporting, and financial management. This training gives participants practical knowledge to apply SAP FICO in real-world scenarios.
🎯 Course Objectives
By the end of this program, participants will be able to:
🖥️ Gain hands-on practice with real-time case studies
📊 Understand the core concepts of SAP FI & CO
🧾 Manage Accounts Payable, Accounts Receivable, Asset Accounting & General Ledger
⚙️ Configure and execute key financial transactions in SAP
📑 Generate accurate financial reports for decision-making
💡 Apply cost controlling and internal reporting techniques
Course Outline:
Universal Journal (ACDOCA) – Advanced Concepts
Data model simplification (single source of truth)
Parallel ledgers, currencies, and valuation approaches in ACDOCA
Handling of multiple GAAP requirements (IFRS, US-GAAP, Local GAAP)
Real-time reconciliation between FI and CO
Ledger vs. Accounts Approach for parallel accounting
Advanced Financial Closing & Automation
SAP Financial Closing Cockpit (FCC)
SAP S/4HANA Group Reporting (vs. BPC for consolidation)
Advanced Close process automation (BlackLine, FCC integration)
Continuous accounting and real-time close
New Asset Accounting (FI-AA)
Parallel valuation & depreciation areas with ledger approach
Real-time integration with ACDOCA
Handling complex scenarios like IFRS 16 (Leases) in Asset Accounting
Asset revaluation, transfer, and retirement in multiple currencies
Revenue Accounting and Reporting (RAR)
IFRS 15 / ASC 606 compliance
Multi-element revenue allocation
Contract-based revenue recognition vs. SD-based revenue recognition
Integration of RAR with SD and FI
Advanced Controlling (CO)
Margin Analysis (replacing Account-based CO-PA in S/4HANA)
Profit Center Accounting in ACDOCA (no separate PCA ledger)
Event-based costing and real-time WIP/variance calculation
Product Costing with Universal Allocation
Integrated business planning with CO
Financial Supply Chain Management (FSCM)
Credit Management in S/4HANA (replacing ECC Credit Management)
Advanced Dispute Management and Collections Management
Cash & Liquidity Management (Bank Communication Management, Cash Positioning, Cash Operations)
Integration with Treasury & Risk Management
New BP Master with CVI concept
Central Finance (CFIN)
Real-time replication from multiple SAP/non-SAP source systems
Document splitting and mapping in CFIN
Advanced error handling (MDG integration)
Use cases: mergers, acquisitions, centralized reporting
Group Reporting (Consolidation)
Replacement of ECC Consolidation (EC-CS) and BPC in many cases
Real-time consolidation directly from Universal Journal
Intercompany elimination & matrix consolidation
Integration with SAP Analytics Cloud for Group Reporting
Treasury and Risk Management
Cash operations, in-house banking, liquidity planning
Market risk, credit risk, hedge management
Integration with SAP Market Data Feed (MDF)
Exposure Management (foreign exchange, commodity, interest rate risks)
Advanced Analytics in Finance
Fiori Apps for advanced reporting (GL, AP, AR, Asset, CO)
Embedded Analytics (Smart Business KPIs, CDS Views)
Predictive Accounting (forecasting revenue & cost based on incoming sales orders)
Integration with SAP Analytics Cloud (SAC) for planning & reporting
Additional:
Cash Management: Provides a real-time view of cash positions through the Fiori app library.
Bank Account Management: Simplified and centralized management of bank accounts using a Fiori interface.
COURSE SCHEDULE & FEES
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INCOMPANY/GROUP TRAINING REQUEST
Why Choose Our Incompany Program?
- 🎯 Tailored content specific to your business goals
- 👥 Train entire teams together, saving time and cost
- 📍 Delivered at your location or virtually
- 📅 Flexible scheduling to suit your timelines
- 📈 Increase retention and application of skills