S/4 HANA FICO Training Material

Finance and Controlling are the most important modules in SAP S/4 HANA.

Entire SAP S/4 HANA revolves around Finance and controlling module called in short as FI and CO. All modules in SAP such as SD, MM, HR, PM which are integrated with FI and CO module post in the FI module real time. Thus, FI module enables organization to generate balance sheet and profit and loss account to show the profitability of the organization. This helps for reporting to external authorities i.e. Registrar of Companies, Income tax authorities and so on.

Controlling module helps organization with various decision making aspect:-

• Cost center: helps to show the origin of the cost. The flow of cost from the service cost to product through real time allocation. Help calculate the actual cost of the activities rendered by the cost center. This helps in controlling costs
• Product costing : Helps organization to calculate cost of the inhouse manufactured product. Helps to decide make or buy. Give costs break down of Finished goods into Raw Material, Packaging material and overheads
• Profitability Analysis : Help business analyze sales and COGS based market segments with respect to product, product group, Customer, profit center and so on.

S/4 HANA FICO material will bundle all the FI and CO modules as below:-

• FI – General ledger
• FI – Accounts Receivable and Accounts Payable
• FI – Bank Accounting
• FI – Asset Accounting
• CO – Cost center Accounting
• CO – Product Costing
• CO – Profitability Analysis

To cover the above topics we will be providing you with the following:-

• Power point presentation
• Video explaining the concepts
• Step by step configuration documentation
• User training manual

All the material will be provided as download links

Further you get bonus material as below:-

• Internal order configuration
• Logistics Invoice verification configuration document
• How to create an LSMW
• How to write ABAP Query
• How to create Report Painter repot
• SAP Migration and Cutover document (Go live)
• Product costing month end steps and variance analysis
• SAP FICO Interview Question and Answers
• Split valuation configuration document
• Month end closing task list across all modules
• Year end closing document
• FICO trouble shooting document