SAP FICO stands for FI (Financial Accounting) and CO (Controlling). SAP FI module deals with managing financial transactions within enterprises. This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system. SAP ERP Financials enables you to centrally track financial accounting data within an international framework of multiple companies, languages, currencies, and charts of accounts.
SAP FI module mainly deals with Fixed asset,accrual,bank,cash journal,inventory,tax accounting,General ledger, Accounts Receivable (A/R), Accounts Payable (A/), Fast close functions,Financial statements,Parallel valuations and Master data governance. An aspirant can gain more insights about this application via SAP FICO training that covers all the concepts right from basics to advanced level topics.
SAP FI is a module used for reporting both externally and internally. SAP FI is made up of sub modules. The sub-modules that are often used are accounts receivables, accounts payables, asset accounting, general ledger Accounting and bank accounting.
What is the meaning of SAP FICO?
SAP Financial Accounting (FI) SAP FI module as the term suggests deals in managing financial transactions within enterprises. This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system.
What is the use of SAP FICO?
SAP FI module as the term suggests deals in managing financial transactions within enterprises. This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system. This module functions very well for reporting requirements.
What are objectives and learning outcomes of sap fico training online?
SAP FICO course helps you in reviewing and monitoring the financial situation of an organization. You can examine the inside operations of an organization by generating and scheduling the reports. This course also enables you to discover the solutions for accounting requirements.
Here are the SAP FICO Course Objectives:
>> Foundational understanding of SAP and ERP and General Ledger
>> In-depth understanding of the Accounts Receivable, Accounts payable, Reports
>> Gain an overview of Creation of customer account groups
Mindmajix SAP FICO Online Training is designed & imparted in a systematic manner by the industry-expert trainers that makes it very easy to acquire and expand SAP FICO skills quickly. We create highest quality HD content with live examples & provide complete guidance during & after the training is over.
Why to Attend Mindmajix?
Mindmajix is creating and shaping brilliant minds that are efficient and versatile to scale greater heights in the present technological world. Classes are conducted by Certified SAP FICO Working Professionals with 100 % Quality Assurance. With an experienced Certified practitioner who will teach you the essentials you need to know to kick-start your career on SAP FICO.
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