SAP FICO POWER & END USER TRAINING PROGRAM

Sinet has well experienced academic team to deliver SAP FICO



COURSE DETAILS

Duration: 80 to 100 hours *

Class: Regular / Week ends / Evening / Sundays

Daily Time: 1.5 hours / 3 hours / half day / Full day

Certification:SAP Authorized Certification with SAP Student ID

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* Sinet course can be customized as per student requirement.

JOB PROFILE

SAP FICO Power User Professional

SAP FICO End User Professional

SAP FICO Accountant




SAP FICO COURSE CONTENTS

( Can be customized )



Basic Settings in SAP FICO

1     Basic settings of company in SAP FICO

Introduction to SAP FICO, Define Company, SAP Reference IMG

2    Process to define a company in SAP FICO

Create Company Code and assign Company to Company Code, Set up Business Area

General Ledger & Groups in SAP FICO

3     Define chart of accounts in SAP FICO

Define chart of accounts, Assign company code to chart of Accounts, Create, Display, Block & Delete`

4    Define chart of Account group in SAP FICO

How to Create Chart of Accounts Group, Create Retained Earnings Account, Assign company code to chart of accounts, Create, Display, Block and Delete

5    Fiscal year variant in SAP FICO

Set up Fiscal year variant, Assign to company code, Posting period Variant, Assign variant to company code, Opening and closing posting Period, Posting keys

6    Posting Period in SAP FICO

Open and close posting period, Assign variant to company code

Accounting Documents

7    Document type keys in SAP FICO

Define document types, Document number range, Field status variant, Assign to company code

8    Document type keys in SAP FICO

Define document types, Document number range, Field status variant, Assign to company code

9     General Ledger Account Creation in SAP FICO

General Ledger creation

10    How to perform a Journal Entry Posting in SAP _1 FICO

Journal entry posting, View Journal entry report

11    How to perform a Journal Entry Posting in SAP __2 FICO

Types of clearing, View clearing report

12    How to perform a Journal Entry Posting in SAP __3 FICO

Park, Release, Posting with Reference in SAP

13    Reversals in SAP FICO

Individual Reversals, Mass Reversals, Reversals of Reversals, Cleared Item Reversals

14    Recurring Documents in SAP FICO

Recurring posting, Display recurring Document, Running Recurring Posting

Accounts Payables

15    Maintain vender master data in SAP FICO (1)

Create vender group, Number range for vender account group, Assign umber range for vender account group, Tolerance group of venders

16    Maintain vender master data-in SAP FICO (2)

Maintain vender master data, Document type and number ranges, How to Block or Delete a Vendor, Step by Step Guide to Create Vendor Master Data in SAP

17    Vender invoice raising in SAP FICO

Introduction to Accounts Payable, How to post a Purchase Invoice, Purchases Returns, Credit Memo, View report of vender Invoice

Bank Accounting in SAP FICO

18     House Bank creation in SAP FICO (1)

House Bank Configuration ,Define house bank

19     House Bank creation in SAP FICO (2)

Check Management, Creation of check number ranges for check lot, Define void reason codes, Issue of a check, Cancellation of issue check with reason codes, Check register

Management of Account in SAP FICO

20    Terms of payment in SAP FICO

Advance payment to vender, Open Item Management, Vendor Outgoing Payment, Partial payment against an invoice, Residual Payment

21    Automatic payment program in SAP FICO

Setup payment method for company code for payment transactions , Configure Automatic Payment Program, Automatic Payment Run

Accounts Receivables

22     Maintain customer master data in SAP FICO

Create customer group, Number range for customer account group, Assign number range for customer account group, Tolerance group of customer, Define document types and number ranges for customer invoice

23    Maintain customer master data in SAP FICO

Maintain customer master data, Customer, Create, Display, Block, Delete, Document type and number ranges for customer invoice ,How to Block or Delete a customer, Step by Step Guide to Create customer Master Data in SAP

24    Accounts receivable in SAP FICO

Introduction to Accounts Receivable, Sales invoice posting , Incoming payment posting, Advance receipt from customer, How to post a Sales Invoice, Sales Returns – Credit Memo, View report

Currencies in SAP FICO

25    Foreign exchange rate in SAP FICO

How to post a Foreign Currency Invoice, Conversion of INR into USD

26     Dunning Procedure in SAP FICO

Dunning Levels, Dunning Charges, Print Dunning Letters

27    Tax on sales & Purchase in SAP FICO

Assign tax codes per nontaxable transaction, Define tax Accounts, Tax on Sales & Purchases

Asset Accounting in SAP FICO

28    Asset accounting -1 in SAP FICO

Overview on Asset Accounting, Depreciation Methods ,Organizational Structures, Chart of Depreciation, Assign chart of depreciation to company code

29    Asset accounting -2 in SAP FICO

Specify account determination, Create screen layout, Define number range interval, Define asset class, Assign G/L accounts for Automatic posting

30    Asset accounting -3 in SAP FICO

Specify document type for posting of depreciation, Specify Intervals and posting rules, Specify rounding of net book value and Depreciation

31    Asset accounting -4 in SAP FICO

Define screen layout for asset master data, Define declining balance method, Define screen layout for asset depreciation area

32    Asset accounting -5 in SAP FICO

Define base method, Define multi-level method, Maintain period control method, Maintain depreciation key

33    End user area-1 in SAP FICO

Creation of main asset master, Creation of sub asset Mastering, Posting of main asset purchase, View report of asset depreciation

34    End user area-2 in SAP FICO

Posting sub asset purchase, Sales of asset, Scrapping of Assets, Reports on Asset Accounting

35    Financial statement in SAP FICO

Balance sheet, Profit and Loss account, Cash flow etc        

Controlling in SAP FICO

36    General Controlling in SAP FICO

Introduction to Controlling     Maintain controlling area, Maintain number range for the controlling document, Maintain version / variant

37    Cost Element Accounting-1 in SAP FICO

Introduction to Cost Element Accounting, Creation of primary cost Elements, Automatic creation of cost element, Create batch input Session, Primary and Secondary Cost Elements, Define Cost Element Categories, Manual and Automatic Creation of Primary and Secondary Cost Elements, Define Cost Element Standard Hierarchy and Groups

38    Cost Element Accounting-2 in SAP FICO

Introduction to cost centers, Define Standard hierarchy for cost Centers, Creation of center group, Creation of cost element group

39    Cost Element Accounting-3 in SAP FICO

Posting of the transactions to cost center, Generate cost center reports, Repost co-line item

40    Planning cost center in SAP FICO

Planning cost center, To view report

41    FI-CO Real time integration-1 in SAP FICO

Reconciliation Ledger (Company upgradation), Define variant for real time integration

42     SAP FI-CO Real time integration-2

Assign variant for real time integration to company code, Define account determination for real time integration

43     SAP FI-CO Real time integration-3

Define intercompany clearing account, Specify document number range for reconciliation posting, Cross company code posting

44    Statistical key figures in SAP FICO

Create statistical key figures, Assign number range interval, Enter statistical key figures

45    Secondary cost element in SAP FICO

Creation of secondary cost element, Creation of assessment Cycle, Assessment run

46    Internal order in SAP FICO

Introduction to Internal order, Activate order management in controlling area, Statistical order, Create of internal order, Create order group

47    Internal order in SAP FICO

Posting, Maintain budget and planning profiles ,Planning ,Display internal order report

48    Real order in SAP FICO

Creation of secondary cost element, Creation of field status Group, Maintain allocation structure ,Settlement profile, Maintain number range for settlement document ,Order type creation, Posting and view report

49    Budget in SAP FICO

Maintain budget manager, Posting and view report

50    Profit center in SAP FICO

Introduction to Profit center accounting, Maintain Standard Hierarchy, Create Dummy Profit Centre, Maintain Profit Centre Groups, Creation of Profit Centre, Assignment of Profit Centers in cost Center Master Data, Profit Center for Balance Sheet and Profit and Loss, Planning And Postings, Display Profit Center Reports


SINET FAQ


What is an Accounting Institute?
Give details about Sinet Accounting Institute ?

An accounting institute is an educational organization which provides the latest job oriented "education, training and placement services in accounting" to its students using the up to date accounts, taxation, automation software and business management classes. Sinet Accounting Institute is a leading division of Sinet education with qualified and experienced faculties. This ISO 9001:2015 certified organization is powered by SAP Inc and a licensed user of its software.

What is a Foreign Accounting Institute ?
Is Sinet provides Foreign accounting education and training ?

As far as a student in India concerned, foreign accounting is the accounting practices and automation software facilities in the Middle East, Europe and US countries. A foreign accounting institute is an educational organization which provides the latest job oriented "education, training and placement services in accounting used in foreign countries" to its students using the up to date accounts, taxation, automation software and business management classes. Yes. Sinet provides Foreign accounting education and training powered by SAP Inc and a licensed user of its software.

What is SAP accounting software?
Is Sinet provides SAP courses and accounting education with training ?

SAP ERP is an enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. Developed by SAP and Written in : C, C++, ABAP. Now SAP software is an ERP (Enterprise Resource Planning) software used for effective business operations. SAP software is used for below operations: Supply Chain Management. Product lifecycle management. SAP is an acronym for Systems, Applications and Products. Broad skill needed for every SAP product is administration (BASIS) and development (ABAP). Hence BASIS and ABAP are 2 major technical skills in. SAP. Other technical skills are those that are needed for specific technical Products like EP, XI, MI, MDM .
Sinet is one of the leader of SAP ERP Accounts education and training in Kerala India. Hundreds of satisfied students are working in India, Europe and in the middle east.

What is SAP FICO ?

SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. SAP FICO is a core functional component in SAP ERP Central Component that allows an organization to manage all of its financial data. SAP FICO is a module used for financial reporting both externally and internally. The objective is to record all financial transactions that are posted by an entity and produce financial statements that are accurate at the end of the trading period

What is SAP BusinessOne ?

SAP Business One is business management software designed for small and medium-sized enterprises, sold by the German company SAP SE. As an ERP solution, it aims to automate key business functions in financials, operations, and human resources. It works in platforms: SAP HANA and Microsoft SQL Server.
Sinet is the leader of SAP ERP Accounts education and training in Malabar Kerala India.

What are SAP Business One modules ?
Is Sinet provides SAP courses and accounting education with training ?

Yes. Sinet provides SAP courses and accounting education with training.
SAP Business One is arranged into 15 functional modules, covering the typical functions in a business organization. The most widely used modules are Financials, Sales Opportunities, Sales – A/R, Purchasing A/P, Business Partners, Banking and Inventory. CRM, where common sales employee tasks link to the other modules (NB: The module is purely here for usability and offer no new features of its own) (only SAP 9.3 and higher)
Financials, where definition of Chart of Account are set up and the core Journal Entries can be created
Opportunities, where Lead generation are used to keep track of potential Sales and Purchases
Sales - A/R, where the sales flow (Quotation > Order > Delivery > AR Invoice) are managed
Purchasing - A/P, where the purchase flow (Quotation > Order > GRPO > AP Invoice) are managed
Business Partners, where master data of Leads, Customer and Supplier are maintained
Banking, where payment of Incoming (sales) and Outgoing (purchase) payments are created
Inventory, where master data of goods to be sold/purchased are maintained and their quantity /value in warehouses are tracked
Resources, where master data of resources (machines and people) to be used in production are defined (capacity and planning) (only SAP 9.1 and higher)
Production, where Bill of Materials master data are maintained and Production orders are created
Project Management, where you define projects (what you do when) (only SAP 9.2 and higher)
Material Requirements Planning (MRP), where forecasts of needed items in sales/production are defined in order to make purchase order recommendations
Service, where management of service contracts are maintained and service calls are created
Human Resources, where employee master data (names, contract information, roles, etc.) are maintained
Each module handled specific business tasks on its own, but is linked to the other modules where applicable. For instance, an invoice from the billing transaction of Sales & Distribution would pass through to accounting, where it will appear in accounts receivable and cost of goods sold.

What are the leading foreign accounting automation software tools available in Sinet Institute?

Sinet Institute provides courses in most of the leading foreign accounting tools and practices used in most countries: German-based SAP ERP, SAP FI-CO, SAP BusinessOne, SAP Logistics, American Based Sage 50 and DacEasy, Canadian software QuickBooks, Australian application MYOB Biz, UAE based QBM, Indian software like Tally ERP and Wings.

What is Sage50 accounting software?
Is Sinet provides Sage50 courses and Foreign accounting education with training ?

Sage accounting software helps in managing business-related accounting operations. Also, it assists in handling the payroll and evaluating the taxes of the employees. You can easily handle numerous transactions of your businesses.Feb 17, 2020.
Sinet is the leader of Sage50 Accounts education and training in Malabar Kerala India.

What is MYOB accounting software?
Is Sinet provides MYOB courses and Foreign accounting education with training ?

MYOB is an Australian multinational corporation that provides tax, accounting and other business services software to small and medium businesses. its predecessor was "Data-Tech Software" and founded at Australia in the year 1991. Sinet is the leader of MYOb Accounts education and training in Malabar Kerala.

What is tally accounting software?
Is Sinet provides Tally courses and accounting education with training ?

Tally is an on-premise accounting solutiion that caters primarily to small and midsize businesses across several industries. It provides business functionalities including accounting, finance, inventory, sales, purchase, point-of-sales, manufacturing, job costing, payroll and branch management.
Yes. Sinet is the leader of Tally ERP Accounts education and training in Malabar Kerala India.

What is QuickBooks accounting software?
Is Sinet provides QuickBooks courses and Foreign accounting education with training ?

QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions. Sinet is the leader of QuickBooks Accounts education and training in Malabar Kerala India.

What is Indian GST taxation? Is Sinet provides Indian GST courses and Foreign accounting education and training ?

Goods and Services Tax is an indirect tax used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because, it has subsumed almost all the indirect taxes except a few state taxes. Yes Sinet provides best courses on GST and GCC VAT with all facilities. As far as a student in India concerned, foreign accounting is the accounting practices and automation software facilities in the Middle East, Europe and US countries. A foreign accounting institute is an educational organization which provides the latest job oriented "education, training and placement services in accounting used in foreign countries" to its students using the up to date accounts, taxation, automation software and business management classes. Sinet Accounting Institute is a leading division of Sinet education with qualified and experienced faculties. This ISO 9001:2015 certified organization is powered by SAP Inc and a licensed user of its software. Sinet is the leader of education and training in Malabar Kerala. Hundreds of satisfied students are working in India, Europe and in the middle east.

What is GST and types of GST?

Sinet Institute provides courses in GST. There are 4 GST types namely Integrated Goods and Services Tax (IGST), State Goods and Services Tax (SGST), Central Goods and Services Tax (CGST), and Union Territory Goods and Services Tax (UTGST). The taxation rate under each of them is different.

What GCC VAT taxation?
Is Sinet provides Gcc Vat courses and Foreign accounting education and training ?

GCC VAT is an indirect tax that will be levied on goods and services in the member states of the Gulf Cooperation Council. The member states of GCC are Saudi Arabia, Dubai, Qatar, Bahrain, Oman and Kuwait. Yes Sinet provides best courses on GCC VAT with all facilities. As far as a student in India concerned, foreign accounting is the accounting practices and automation software facilities in the Middle East, Europe and US countries. A foreign accounting institute is an educational organization which provides the latest job oriented "education, training and placement services in accounting used in foreign countries" to its students using the up to date accounts, taxation, automation software and business management classes. Yes. Sinet Provides.

Is GCC VAT, Europian VAT and Indian GST tax courses are available in Sinet institute?

Yes. Sinet provides the latest courses on GCC VAT, Europian VAT, US Taxes, and Indian GST integrated with modern automation software.

Is free wi-fi available in Sinet Institute?

Yes. Sinet provides free wi-fi and high speed internet to students inside Sinet campus

Free warranty against technology obsolescence is available at Sinet Institute?

Yes. Sinet provides warranty against technology obsolescence and students will get the added advantage of latest technology even they admitted for old versions.

Separate boys and girls Hostel facility is available at Sinet Institute?

Yes. Sinet provides hostel facility to our students by affiliation with privately managed hostels.

Is Job Placement support available in Sinet Institute?

Yes. Sinet has effective job placement system for students. Its starts from education, Job training, recognition merit certifications, experience certificates after completion of training programs and finally placement activities. Hundreds of alumni students working here and abroad are our pride.

Can Sinet provide multinational company certifications like Microsoft, Oracle, SAP while learning at Sinet Institute?

Yes. Sinet has been providing MNC certifications by collaboration with various testing centres as educational partners.

Is Sinet institute got any ISO standard of recognition?

Yes. Sinet has been maintaining its quality and as a result of this effort, Sinet is ISO 9001: 2015 certified educational organization.





SINET is ISO 9001 : 2015 certified educational
and training institute powered by SAP

(a division of Sinet Education)

www.sinetedu.com