SAP FICO: Financial Accounting and Controlling

At Saturo Academy, our training programs are designed not just to teach, but to transform. By enrolling in our industry-relevant, job-focused IT courses, students gain comprehensive support throughout their learning journey and beyond. Here’s what you can expect:

SAP FICO Structure

Week 1: SAP & Financial Accounting Overview (6–8 Hours)

Objective: Build a strong foundation in SAP and Financial Accounting concepts.
Introduction to ERP & SAP
SAP Modules & SAP FICO Landscape
SAP System Navigation (GUI, Transactions, Tables, Reporting)
Organizational Structure in SAP FI
- Company
- Company Code
- Business Area
- Chart of Accounts
Basic Customization in Enterprise Structure
Hands-on Practice:
- Creating Company and Company Code
- Assigning Company Code to Company
- Setup of Fiscal Year Variant and Posting Periods

Week 2: General Ledger (G/L) Accounting (6–8 Hours)

Objective: Build a strong foundation in SAP and Financial Accounting concepts.
Introduction to ERP & SAP
SAP Modules & SAP FICO Landscape
SAP System Navigation
- GUI
- Transactions
- Tables
- Reporting
Organizational Structure in SAP FI
- Company
- Company Code
- Business Area
- Chart of Accounts
Basic Customization in Enterprise Structure

Week 3: Accounts Payable (Vendor Management) (6–8 Hours)

Objective: Understand the AP process and vendor configurations.

Vendor Master Data (Central, Company Code View)
Payment Terms, Tolerances
Purchase to Pay (P2P) Overview Integration with MM
Vendor Invoice Posting (FB60), Vendor Credit Memos
Automatic Payment Program (F110)
Vendor Clearing, Down Payments (F-48, F-54)
Withholding Tax (TDS) Configuration (India-specific)

Hands-on Practice:

Creating Vendor Master, Processing Invoices
Running Automatic Payments (F110)

Week 4: Accounts Receivable (Customer Management) (6–8 Hours)

Objective: Learn AR processes and customer master configuration.
Customer Master Data
Order to Cash (O2C) Process Overview with SD Integration
Customer Invoice Posting (FB70), Credit Memos
Incoming Payments (F-28)
Dunning Configuration (F150)
Customer Advances (F-29)
Cash Application and Clearing
Hands-on Practice:

Customer Master Setup, AR Document Postings
Dunning Run Execution

Week 5: Asset Accounting (6–8 Hours)

Objective: Understand the configuration and transaction handling in asset management.
Organizational Structure in Asset Accounting
Chart of Depreciation & Depreciation Areas
Asset Class, Number Ranges
Asset Master Creation (AS01)
Asset Transactions:
- Acquisitions (F-90)
- Retirements (F-92)
- Transfers
Depreciation Run (AFAB)
Asset Reporting

Week 6: Bank Accounting, Tax Configuration & Reporting (6–8 Hours)

Objective: Learn banking integration, tax processing and reporting in SAP.
House Banks, Bank Accounts Setup
Electronic Bank Statement (Overview)
Manual Bank Postings (F-05, F-07)
Tax Configuration (Input & Output Tax)
GST/TDS Configuration Overview (India Localization)
Basic Financial Reports:
- FBL1N
- FBL5N
- F.01
- S_ALR_87012301
Month-End/Year-End Closing Activities

Hands-on Practice:
Setup House Bank, Post Bank Transactions
Tax Code Creation and Testing

Week 7: SAP Controlling (CO Module – Part 1) (6–8 Hours)

Objective: Build foundational understanding of controlling concepts in SAP.
- Overview of Controlling Module
- Cost Elements (Primary, Secondary)
- Cost Centers and Hierarchies
- Internal Orders: Planning, Budgeting & Tracking
- Posting to Cost Centers and Internal Orders
- Cost Center Reports
Hands-on Practice:
- Create Cost Elements, Cost Centers
- Post and Analyze Internal Orders

Week 8: SAP Controlling (CO Module – Part 2) & Project Practice (6–8 Hours)