SAP FICO Online Training

SAP FICO Online Training

SAP FICO Online Training
SAP FICO Online Training

SAP FICO Online Training Course Content:

Basic Settings

  • Define Company
  • Define Company code
  • Assign Company code to company
  • Define Segment
  • Define Chart of accounts (T-Code: OB13)
  • Assign company code to chart of accounts (T-Code: OB62)
  • Define Account groups (T-Code: OBD4)
  • Define Retained earnings account (T-Code: OB53)
  • Define Fiscal year (T-Code: OB29)
  • Assign company code to Fiscal year variant (T-Code: OB37)
  • Posting periods (T-Code OBBO, OBBP & OB52)
  • Document types and number range (T-Code OBA7)
  • Field status variant and field status groups
  • Assign Company code to Field status variance
  • Tolerance groups
  • Define Tax Procedure
  • Assign Country to Calculation procedure
  • Define Tax Codes for Sales and Purchases
  • Assign Tax Codes for Non-Taxable transactions
  • Maintain Controlling area (OKKP)
  • Maintain Controlling area settings
  • Classify GL accounts for Document splitting
  • Activate Document splitting
  • Activate New General ledger accounting
  • Enter Global parameters

General Customization

  • Basics
  • Sample Document
  • Foreign Currency (FC) Transactions
  • Hold Document
  • Recurring Document
  • Month end Provisions
  • Document Parking
  • Reversals


  • Create Ledger accounts
  • Create Profit Centers
  • Posting of Transaction
  • View Documents
  • View Account Balance

Accounts Payable Customization

  • Creation of Vendor account groups
  • Create Number ranges for Vendor accounts
  • Assign Number ranges to Vendor account group
  • Define Tolerance for Vendors
  • Create 2 GL Masters
  • Inventory Raw Material – under Current Assets, Loans and Advances
  • Sundry Creditors-Raw Material – under Current Liabilities & Provisions
  • Creation of Vendor Master – Assign Sundry Creditors-Raw Material reconciliation account
  • Document type and Number range
  • KR – Vendor Invoice
  • KZ – Vendor Payment
  • KA – Vendor Document for transfers / reversals
  • Posting Keys
    • 31 – Vendor Credit
    • 25 – Vendor Debit
  • Terms of Payment

End User area for AP

  • Purchase Invoice Posting, View Vendor Account sub-ledger balance/transactions, View Sundry Creditors Account General Ledger balance/transactions
  • Outgoing payment with clearing, View Vendor Account sub-ledger balance/transactions, View Sundry Creditors Account General Ledger balance/transactions
  • Manual check creation
  • Display Check Register
  • Down Payment to Vendors
  • Automatic Payment Program

Accounts Receivable Customization

Basic Settings for AR

  • Creation of Customer accounts group
  • Create Number ranges for Customer accounts
  • Assign Number ranges for Customer accounts group
  • Create 2 GL Masters
    • Sundry Debtors A/C – under Current Assets, Loans and Advances
    • Sales A/C – under Sales
  • Creation of Customer Master – Assign Sundry Debtors reconciliation account
  • Document type and Number range
    • DR – Customer Invoice
    • DZ – Customer Payment
    • DA – Customer Document for transfers/reversals
  • Posting Keys
    • 01 – Customer Debit
    • 15 – Customer Credit

End User area for AR

  • Posting of Sales Invoice
  • View Customer Account sub-ledger balance/transactions
  • View Sundry Debtors Account General Ledger balance/transactions
  • Incoming payment with clearing
  • View Customer Account sub-ledger balance/transactions
  • Down-payment Receipts from Customers

Interest Calculation


Foreign Currency

Open Item Management

Asset Accounting


  • Copy reference Chart of Depreciation/Depreciation Areas
  • Assign Chart of Depreciation to Company Code
  • Specify Account Determination
  • Create Screen lay-out rules
  • Define Number Range Intervals
  • Define Asset Classes
  • Define Screen lay-out for Asset Master data
  • Define Screen lay-out for Asset Depreciation Areas
  • Determine Depreciation areas in the Asset class
  • Creation General ledger Masters
  • Assignment of Accounts for automatic postings
  • Specify Document type for posting of depreciation
  • Specify Intervals and posting rules
  • Specify rounding of Net Book Value and/or Depreciation
  • Creation of Depreciation Keys
    • Define Base methods
    • Define Decline Balance methods
    • Define Multi level methods
    • Maintain Period Control methods
    • Maintain Depreciation key

End user area

  • Creation of Main Asset Master
  • Creation of Sub-Asset Master
  • Purchase of Asset
    • Main Asset Purchased Posting
    • Sub-Asset Purchased Posting
    • View each Sub-Asset wise year wise values
    • View all Assets for particular period
  • Depreciation Run
    • Depreciation run
    • Planned Posting run
    • Repeat
    • Restart
    • Unplanned posting run
  • Sale of Asset
    • Make Asset retirement field as required entry for Field Status Group G052-Accounting for Fixed Assets retirement
    • Asset Sale
  • Asset Scrapping
    • Check Motor Value as on today
    • Asset Scrapping
    • View document posted


Basic Settings

  • Maintain Controlling Area
  • Maintain Number ranges for Controlling Documents
  • Maintain Versions for Budgets

Cost Element Accounting

Cost Elements are required to update CO records/sub module
There are 2 types of Cost Elements, they are

  • Primary Cost Elements
  • Secondary Cost Elements

Cost Center Accounting

This is used to view department wise Costs.

  • Creation of primary cost elements, we can create
    • At FI area
    • At CO area
    • Automatic creation of primary Cost elements at CO implementation
    • Creation of Secondary Cost elements
  • Display cost elements created
  • Creation of Filed Status Group by making cost center required entry field
  • Assign new Filed Status Group in GL expenditure accounts
  • Creation of cost centers.
  • Creation of cost center groups.
  • Creation of cost element groups
  • Posting of transaction in FI
  • Reports
    • Internal Orders
    • Profit Center
    • Integration with MM
    • Integration with SD
    • Profit and Loss and Balance Sheet
    • LSMW
    • ASAP Methodology
    • Transport Request
    • New GL
    • Validation and Substitution
    • Technical names of the field and table details – How to see the table

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What my Client's Say?


  • Prabhu is an excellent instructor, very patient and thorough. I have tried another training class and EXPLORE IT far exceeds other trainers and their methods ~ Hassan Malik

  • An extremely helpful and informative course. Training materials were well organized and provided good case studies. Instructor was extremely professional and pleasant to learn from.~ Bhavani Sudarshnam

  • The training was clear and detailed. I like Parker's style of teaching as the recurrent training is a thorough review of the HR. Every opportunity for the student to ask questions was provided. ~ Yiting Chen

  • Jane Anderson conducted the class in a very professional manner. Examples were very relevant and I feel that I gained a lot from the updated materials this year.~ Somesh Taneja

  • Prem was a great instructor. Thanks Prem for making the training easy to understand. A lot of information was covered. He made the approach easy to follow.~ Komali Sambakula

  • She wants to make sure that her students walk away from her course with a good working knowledge. She is an excellent trainer and cares that all of her students learn the material.~ Kiran Jain

  • Krishna is very thorough and professional. He made the code very understandable. I was very impressed with his teaching methods and presentation of the regulations. EXPLORE IT is the best! ~ Rajesh Isukapalli

  • Mr. Chris Brown was very affirmative with the course, on time and fluent. This is my second recourse with him. I hope to take his course as long as I am shipping at my current job. ~ Awais Rahim