SAP Advance FICO

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SAP FICO Training

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SAP FICO Training [ Level: Advance ]

Start Date:
Method:Live (Instructor-led)
Tuition:Call +1-832-419-7371 for Prices
Day 1Mon 07/25/2016
Day 2Tue 07/26/2016
Day 3Wed 07/27/2016
Day 4Thu 07/28/2016
Day 5Mon 08/01/2016
Day 6Tue 08/02/2016
Day 7Wed 08/03/2016
Day 8Thu 08/04/2016
Day 9Mon 08/08/2016
Day 10Tue 08/09/2016
Technical Requirements:
RAM:2 GB minimum
Headset:With built-in microphone
Software Requirements:
Operating System:Windows XP or newer
Operating System:Mac OS
Online MeetingGoToMeeting (
Remote SupportTeamViewer (
Timing:6pm to 10 pm us cst (CST)
Books/Guides:Step By Step Guide
System Access:90 Days
Education Counselor:
(Monday to Friday, 9am ~ 5pm [CST])
Join this course if you wish to become a SAP FICO configuration expert. We offer career couseling for free. Please call 281-412-7372.

SAP Chart of Accounts

We put students first and focus onyour individual need.

Pre-requisites of SAP FICO.

To study advance topics it is imperative to have a solid foundation. We recommend that students take the Basic FICO first. That much said we recognize that there are a lot of people who have acquired more or less the same knowledge via work experience. We will accept professionals in our Advance FICO course if they pass the exam. The links above will take you to respective pages on our website. If in any kind of doubt please call to speak with one of our friendly educational counselors by calling +1-832-419-7371 or +1-281-412-7372.

SAP FICO curriculum.

online advance FICO
When comparing schools, there are a lot of choices on the internet. It is important that while making the decision you compare apples with apples. This is why you should spend some time to get to know
Printer Friendly advance FICO
the curriculum very well. A lot of times when there is a cheaper course available it is due to less content being covered. Our curriculum is carefully designed to exceed job expectations.

SAP FICO instructor.

Ms Rupal Patel is a SAP Certified Financial Accounting and Human Resources Consultant. She has over 10 years of experience in education and holds a bachelor's degree in commerce.
After working several years in Management Accounting, she was introduced to SAP in 2002. She has been associated with LearnSAP LLC since 2006 and teaches SAP FICO and Human Resources to Individuals as well as Corporate Clients at their work sites and offices. She
has imparted training to corporations like 3M, 99cents, US Sugar, City of Houston to name a few.
She is a very passionate instructor and is always willing to go the extra mile to help students. She has also contributed many step-by-step training manuals for SAP FICO and HR modules.




  • Company
  • Credit Control Area
  • Company Code
  • Functional Area


  • Company Code to Company
  • Company Code to Credit Control Area
  • Company Code to financial management area


  • Document Types
  • Document Number Ranges
  • Tolerances

Overview of New General Ledger:

The general ledger in SAP R/3 is highly assorted. R/3 customers have to implement several SAP components in order to fulfill accounting requirements. To ease this problem, SAP has created a new, flexible general ledger solution in SAP ERP. New G/L merges the classic general ledger with profit center accounting, special ledger.

New general ledger accounting in mySAP ERP has the following features:

  • New G/L accounting has an extended data structure in the standard delivery.
  • With (real-time) document splitting, balance sheets can be created for entities such as "Segment".
  • You can run a real time reconciliation tasks obsolete.
  • New G/L accounting makes it possible to manage multiple ledgers within G/L accounting. This is one of the possible ways of portraying parallel accounting in the SAP system.


  • Define Ledgers for General Ledger Accounting.
  • Define Currencies of Leading Ledger.
  • Define and Activate Non-Leading Ledger.
  • Assign Scenarios and Customer Fields to Ledgers.
  • Define Ledger Group.

Overview of Parallel Accounting:

You can portray parallel accounting in your SAP System. This enables you to perform valuations and closing preparations for a company code according to the accounting principles of the group as well as other accounting principles, such as local accounting principles.


  • Define Accounting Principles.
  • Assign Accounting Principle to Ledger groups.

Overview of Parallel Tax on Sales / Purchases:

Input and output tax is calculated on revenue or expense items (base amount). The tax amounts are posted to separate tax accounts and refunded by the tax office (input tax) or paid to the tax office (output tax). The tax percentage rates vary from country to country and are determined when you define the tax codes.

  • Basic Settings
  • Calculation
  • Posting

Overview of Document Splitting:

Document splitting allows you to display documents using a differentiated representation. In the representation, line items are split according to selected dimensions. So you can draw up financial statements for the selected dimensions at any time.

  • Classify G/L Accounts for Document Splitting.
  • Classify Document Types for Document Splitting.
  • Define Zero-Balance Clearing Account.
  • Define Document Splitting Characteristics for General Ledger Accounting.
  • Activate Document Splitting.
  • Document Methods and Rules.

Overview of Cross - Company Code Transactions:

Several company codes are involved in a cross-company code transaction. In a cross-company code transaction, the system posts a separate document with its own document number in each of the company codes. Individual documents are linked by a common cross-company code number. The system generates line items automatically (receivables and payables arising between company codes) in order to balance the debits and credits in each document. You may use only one company code for offsetting entries. That is to say, regardless of the number of company codes involved, you must make one of the following entries:

  • Foreign Exchange Currency Valuation.
  • Validation and Substitutions.


Asset Accounting: The SAP Asset Accounting (FI-AA) component is used for managing and supervising fixed assets with the SAP R/3 System. In SAP R/3 Financial Accounting, it serves as a subsidiary ledger to the FI General Ledger, providing detailed information on transactions involving fixed assets.

Traditional asset accounting encompasses the entire lifetime of the asset from purchase order or the initial acquisition (possibly managed as an asset under construction) through its retirement. The system calculates, to a large extent automatically, the values for depreciation, interest, insurance and other purposes between these two points in time, and places this information at your disposal in varied form using the Information System.

  • Overview of Asset Accounting
  • Chart of Depreciation
  • Depreciation Area
  • Asset Classes
  • Integration with the General Ledger
  • Depreciation
  • Asset Master Data
  • Acquisitions
  • Retirements
  • Transfers
  • Intercompany Asset Transfers
  • Capitalization of Assets under Construction
  • Depreciation Run

Set up Business Partners: Customer and Vendor

  • Clear Open Items by Incoming Payments
  • Post Partial Payment against an invoice
  • Residual Payment
  • Create Under / Over Payment Account
  • Assign Under / Over Payment Account to Process Key ZDI
  • Cash Discount Granted Account at General Ledger level
  • Assign Cash Discount Granted Account to process Key SKT
  • Cash Discount Taken Account Process Key SKE
  • Payment Within Tolerance (incoming)
  • Payment within Tolerance (outgoing)
  • Payment within Tolerance with 3% discount


Accounts Receivable

  • Concepts of Lockbox: Customer payments are posted into the system to represent the collection of money and the application of this money against Customer liabilities to the company. This can be performed two ways within the system, either on an individual payment-by-payment basis, or collectively, in what is commonly called lockbox processing.
  • Credit Management:A large number of outstanding receivables or bad debts can have a not inconsiderable impact on company performance. Using Credit Management, you can minimize your credit risk by defining a credit limit for your customer.

Cash Journal

The cash journal is used as a subsidiary ledger in Bank Accounting to manage cash transactions within the organization. It can be used independently of other posting transactions. The opening and closing balances, as well as the cash receipts and expenditures, are automatically recorded and displayed. Multiple cash journals can exist within each company code.

Interest Calculation

FI Integration with MM & SD

  • Integration with MM
  • Integration with SD


Cost Center Accounting: You use Cost Center Accounting for controlling purposes within your organization. The costs incurred by your organization should be transparent. This enables you to check the profitability of individual functional areas and provide decision-making data for management. This requires that all costs be assigned according to their source. However, source-related assignment is especially difficult for overhead costs. Cost Center Accounting lets you analyze the overhead costs according to where they were incurred within the organization.

  • Define Controlling Area
  • Maintain Versions
  • Automatic creation of Primary and Secondary cost Elements
  • Define Cost Centers/Activity type and Statistical Key Figures
  • Distribution and assessment
    • Plan assessment
    • Actual assessment
    • Plan distribution
    • Actual distribution
  • Easy Access
    • Run plan assessment/Distribution
    • Run actual assessment/ Distribution

Profit Center Accounting: Profit Center Accounting (EC-PCA) lets you determine profits and losses by profit center using either period accounting or the cost-of-sales approach.

It also lets you analyze fixed capital and so-called "statistical key figures" (number of employees, square meters, and so on) by profit center. You can run your profit and loss statement and in some cases balanace sheet at the profit center level.

A profit center is a management-oriented organizational unit used for internal controlling purposes. Dividing your company up into profit centers allows you to analyze areas of responsibility and to delegate responsibility to decentralized units, thus treating them as "companies within the company".

  • Set Controlling area( OKKS)
  • Maintain controlling area
  • Create Dummy profit center
  • Set control parameter for actual postings
  • Define standard hierarchy
  • Create profit center group
  • Create profit centers
  • Assignment of account assignment objects to profit center
  • Planning
  • Define number ranges for local documents
  • Actual Postings
    • Define number range for local documents
    • Set planner profile
  • Distribution and assessment
    • Plan assessment
    • Actual assessment
    • Plan distribution
    • Actual distribution
  • Easy Access
    • Run plan assessment/Distribution
    • Run actual assessment/ Distribution
  • Check variances


Internal Order: An instrument used to monitor costs and, in some instances, the revenues of an organization.

Internal orders can be used for the following purposes:

  • Monitoring the costs of short-term jobs
  • Monitoring the costs and revenues of a specific service
  • Ongoing cost control

Internal orders are divided into the following categories:

  • Overhead orders - For short-term monitoring of the indirect costs arising from jobs. They can also be used for continuous monitoring of sub-areas of indirect costs. Overhead orders can collect plan and actual costs independently of organizational cost center structures and business processes, enabling continues cost control in the enterprise.
  • Investment orders - Monitor investment costs that can be capitalized and settled to fixed assets.
  • Accrual orders - Monitor period-based accrual between expenses posted in Financial Accounting and accrual costs in Controlling.
  • Orders with revenues - Monitor the costs and revenues arising from activities for partners outside the organization, or from activities not belonging to the core business of the organization.

Configuration Steps

  • Activate order management
  • Maintain allocation structure
  • Maintain number ranges for settlement documents
  • Maintain settlement profile
  • Maintain Planning profile
  • Maintain Budget profile
  • Create order type
  • External Settlement

COPA -> Profitability Analysis

Profitability Analysis (CO-PA) enables you to evaluate market segments, which can be classified according to products, customers, orders or any combination of these, or strategic business units, such as sales organizations or business areas, with respect to your company's profit or contribution margin.

The aim of the system is to provide your sales, marketing, product management and corporate planning departments with information to support internal accounting and decision-making.

Two forms of Profitability Analysis are supported: costing-based and account-based.

  • Costing-based Profitability Analysis is the form of profitability analysis that groups costs and revenues according to value fields and costing-based valuation approaches, both of which you can define yourself. It guarantees you access at all times to a complete, short-term profitability report.
  • Account-based Profitability Analysis is a form of profitability analysis organized in accounts and using an account-based valuation approach. The distinguishing characteristic of this form is its use of cost and revenue elements. It provides you with a profitability report that is permanently reconciled with financial accounting.

Operating Concern

  • Characteristics
  • Value fields
  • Value flows
  • Actual Postings
  • Maintain Operating Concern
  • Data Structure
  • Introduction to Characteristics Derivation and Valuation