SAP Financial Accounting and Controlling (FI&CO) Training Logo

SAP Financial Accounting and Controlling (FI&CO) Training

Live Online & Classroom Enterprise Training

SAP Financial Accounting and Controlling (FI & CO) is a core SAP module that manages financial transactions, reporting, and cost control. It ensures accurate financial tracking, budgeting, and compliance for better business decision-making.

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What is SAP Financial Accounting and Controlling (FI&CO) Training about?

SAP FICO (Financial Accounting and Controlling) is one of the core modules in the SAP ERP system, widely used for financial management and reporting across enterprises. This course provides learners with a strong foundation in SAP Financial Accounting (FI), which focuses on external reporting, and Controlling (CO), which supports internal reporting. Participants will gain practical knowledge of configuring FICO, posting transactions, generating reports, and integrating with other SAP modules. By the end of the training, learners will be prepared to apply SAP FICO skills in real-world financial and management accounting scenarios.

What are the objectives of SAP Financial Accounting and Controlling (FI&CO) Training ?

  • Master the core functionalities of SAP FI (Financial Accounting) and CO (Controlling) modules.
  • Configure financial accounting processes, including general ledger, accounts payable, accounts receivable, and asset accounting.
  • Understand cost controlling processes, including cost element accounting, cost center accounting, internal orders, and profitability analysis.
  • Develop expertise in financial reporting and closing processes.
  • Gain hands-on experience with SAP S/4HANA for financial operations and controlling.

Who is SAP Financial Accounting and Controlling (FI&CO) Training for?

  • Finance professionals and accountants
  • SAP consultants and business analysts
  • ERP project team members
  • Professionals seeking expertise in financial and cost controlling using SAP S/4HANA

What are the prerequisites for SAP Financial Accounting and Controlling (FI&CO) Training?

Prerequisites:  
  • Basic knowledge of accounting and financial principles.  
  • Familiarity with ERP systems (SAP exposure preferred). 
  • Analytical and problem-solving skills. 
  • Understanding of business processes in finance and controlling. 
  • Interest in financial reporting and enterprise systems. 

Learning Path: 
  • Introduction to SAP ERP and Navigation Basics 
  • SAP Financial Accounting (FI) – General Ledger, Accounts Payable/Receivable, Asset Accounting 
  • SAP Controlling (CO) – Cost Centers, Profit Centers, Internal Orders 
  • Integration of FICO with Sales, Materials Management, and Production Planning 
  • Financial Reporting, Analysis, and Certification Preparation. 

Related Courses: 
  • SAP S/4HANA Finance (SAP Simple Finance) 
  • SAP Controlling (CO) Advanced 
  • SAP Business Intelligence (BI) and Reporting 
  • SAP Financial Supply Chain Management (FSCM).

Available Training Modes

Live Online Training

Self-Paced

32 Hours Register Now

Course Outline Expand All

Expand All

  • Introduction to the Course
  • Introduction to SAP
  • ASAP Methodology
  • SAP GUI & SAP Navigation
  • Enterprise Structure
  • Variant Principle and Currencies (Configuration)
  • General Ledger Master Data (Configuration & End User)
  • Bank Master Data (Configuration & End User)
  • Document Structure & Postings (Configuration & End User)
  • Credit Memo & One-time account (End User)
  • Posting Period - Posting Authorization - Layout - Screen Variant (Configuration)
  • Default Values - Document Change Control (Configuration & End User)
  • ocument Reversal (End User)
  • Payment Terms - Cash Discount - Clearing (Configuration & End User)
  • GL Document Posting (End User)
  • Exchange Rate Differences (Configuration & End User)
  • Taxes (Configuration & End User)
  • ayment Differences - Tolerance Groups - Reset Cleared Items (Configuration & En
  • Special GL Transactions (Configuration & End User)
  • Cash Journal (Configuration & End User)
  • Holding and Parking Documents (End User)
  • Validations and Substitutions (Configuration & End User)
  • Automatic Payment Program (Configuration & End User)
  • Automatic Dunning Program (Configuration & End User)
  • Correspondence (Configuration & End User)
  • Financial Statement Version (Configuration & End User)
  • Introduction to Controlling (Configuration & End User)
  • Actual & Plan Data (Configuration & End User)
  • Distribution and Assessment (Configuration & End User)
  • Internal Order (Configuration & End User)
  • Asset Accounting (Configuration & End User)
  • Asset Depreciation (Configuration & End User)
  • Transaction types and Form for History Sheet (Configuration & End User)
  • Segments for Profit Centers (Configuration & End User)
  • Asset Master Data & Postings (End User)
  • Asset Postings & Closing (End User)
  • New General Ledger (Configuration & End User)
  • Cross Company Code Transactions (Configuration & End User)
  • Integration of CO with FI - New GL (Configuration & End User)
  • Integration of FI with MM and SD

Who is the instructor for this training?

The trainer for this SAP Financial Accounting and Controlling (FI&CO) Training has extensive experience in this domain, including years of experience training & mentoring professionals.

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