SAP FICO covers field status varient, tolerance group, other basic steps. Sap fico training also covers blocking of an GL account, referance document, reversal document, overview of profitability costing and more.


    About the Course

    SAP FICO refers to the Finance (FI) & Controlling (CO) is the Core modules of SAP ERP technique.
    SAP FI (Financial Accounting) is an important core module in SAP where in live time the financial processing transactions are captured. This is used to generate statutory Financials Statements in which information is drawn for outside reporting purposes.
    SAP CO (Controlling) module is provides operational information to the management of a company to support business analysis & decision-making.

    Training Objectives of FICO:

    SAP FICO Module is used for those who are in the Finance and Accounting Professionals, who wish to delve into a creative and interactive scenario by which they can apply their Real Time experience and expertise to another level of fantastic intellectual stimulation.


    • Extensive SAP (module specific) knowledge.
    • Good Domain (Banking , Telecommunication etc ) knowledge
    • Good Communication and presentation skills. SAP consultants are often required to interface with the client and understand client’s requirements. A SAP consultant should be good in explaining technical information to non-technical people
    • Ability to work in Teams and good interpersonal skills.

    SAP SD Online Training Details:

    • Course Duration : 30-35 Hours
    • Course Type : Online Training
    • Course Material will be provided
    • Certified Trainers
    • Timings : Either Weekdays or Weekends ( Can be Customized as per your requirement)

    Average Salary for Skill Sap FICO

    Accountant – $51,373

    Senior Accountant – $66,662

    Financial Analyst – $59,442

    Staff Accountant – $48,462

    Senior Financial Analyst – $77,244

    Finance Manager – $89,152

    Corporate Controller – $94,090


      • ERP Concepts
      • SAP FICO Basic Concepts
      • Role of SAP Consultant
      • Why SAP is in demand?
      • Finance Overview: Transaction, Accounts and Accounting.

    General Settings

      • Define Company, Company Code, Credit Control Area, Business Area, Chart of Accounts and Fiscal Year. Assign Company Code to Company, Chart of Accounts and Fiscal Year, Create Tax Procedure and Attach to the Country

    Posting Period

      • Define Posting Period Variant
      • Assign Posting Period Variant to company code
      • Define Open and Close Posting periods


      • Define Document Types and Number Ranges

    Account Group And Retained Earning Account

    • Define Account Group and Retained Earning Account

    Field Status Variant

      • Maintain Field Status Variant
      • Assign Field Status Variant to Company Code

    Tolerance Group

      • Tolerance Group for GL Accounts
      • Tolerance Group for Employees
      • Assigning Users to Tolerance Groups

    Other Basic Steps

      • Enable Fiscal Year Default
      • Enable Default Value Date
      • Check Company Code settings in Global parameters

    Other Topics In GL

      • GL Master Creation
      • Journal Entry Posting

    Blocking Of an GL Account

      • Unblocking of an GL Account
      • Changing of GL Master
      • Display Changes/What Changes/how it was done
      • Parking of an account
      • Releasing the parking document by changing the amount.
      • Releasing the parking document by deleting the document
      • Difference between Park and Hold documents
      • How to see an Account Balance

    Reference Documents

      • Sample document
      • Account Assignment Model
      • Recurring Entries

    Reversal of Document

      • Normal Reversal/Individual Reversal
      • Mass Reversal
      • Reversal of the Reversal

    Open Item Management

      • Full Clearing
      • Partial Clearing
      • Residual Clearing

    Accounts Receivable (AR)

      • Accounts Receivable(AR)

    Settings In AR

      • Account Group Creation
      • Field Status
      • No. Range Group and No. Ranges
      • Assigning No. Range Group to Account Group
      • Tolerance Group for Customers
      • GL Accounts and Customer Master Creations
      • Document Types and No. Ranges
      • Posting Keys
      • Invoice Posting
      • Incoming Payment
      • Clearing Open Items

    Down Payment

      • Down Payment
      • Establishment between Recon a/c and Alternative Recon a/c
      • Down Payment in Short-Cut Method

    Customer Credit Memo

      • Correspondence

    Accounts Payable (AP)

      • Accounts Payable(AP)

    Settings In AP

      • Account Group Creation
      • Field Status
      • No. Range Group and No. Ranges
      • Assigning No. Range Group to Account Group
      • Tolerance Group for Vendors
      • GL Accounts and Vendor Master Creations(Bank Accounts)
      • Document Types and No. Ranges
      • Posting Keys
      • Invoice Posting
      • Outgoing Payment
      • Clearing Open Items

    Vendor Credit Memo

      • Correspondence

    Special And Important Topics

      • Sales Tax
      • Clearing Outstanding between Customer and Vendor
      • Cash Discount
      • Integration between FI and MM
      • Integration between FI and SD
      • Financial Statement Version

    Asset Accounting (AA)

      • Chart of Depreciation
      • Account Determination
      • Screen Layout
      • Asset Master Creation
      • Asset Class
      • Depreciation Keys etc.
      • Acquisition of Asset
      • Asset Sale
      • Scrapping of an Asset
      • Transfer of Asset

    Reports And Management Information System

      • GL Reports
      • AR Reports
      • AP Reports
      • AA Reports
      • MIS


      • Controlling Basic Settings
      • Defining Controlling Area
      • Assigning Controlling Area to Company Codes
      • Defining Number Ranges for Controlling Documents

    Cost Element Accounting

      • Creating Cost Element Groups
      • Manual Creation of Primary and Secondary Cost Elements
      • Automatic Creation of Primary and Secondary Cost Elements

    Cost Center Accounting

      • Creating Cost Center Hierarchy Key
      • Creating Cost Center Groups
      • Creating Cost Centers
      • Manual Repost Line Items
      • Automatic Reposting Line Items
      • Periodic Reposting
      • Creating Distribution Cycle

    Internal Orders

      • Creating Order Types
      • Creating Number Ranges
      • Creating Internal Orders

    Profit Center Accounting

      • Creating Profit Center Hierarchy
      • Creating Profit Center Groups
      • Creating Profit Centers
      • Creating Dummy Profit Center
      • Automatic Assignment of Balance Sheet A/c and P&L A/c to profit centers

    Overview Of Product Costing

      • Overview of Product Costing

    Overview Of Profitability Analysis

      • Overview of Profitability Analysis

    We record every live session we hold. Video recordings of each and every session will be posted on our blog too. So, this means you can get access to what the session is about and this way you do not miss any class. But take a note of it that you can have access to these Video recordings for 6 months only from the date you start your training. Access to these videos or to other required course material will be provided using Google Drive Cloud for lifetime.

    Yes, you can cancel your enrolment. We provide a complete refund after deducting the administration fee. To know more, please go through our Refund Policy.

    We have a team of industry-expert instructors or trainers who possess 8-10 yrs. of relevant experience in various Business Technologies. Every instructor / trainer undergo our specialized training program called “Train the Trainer” at Xoomtrainings. Our trainers are trained so that our learners get a great learning experience.

    Yes, classes at Xoomtrainings are conducted through online video streaming where there is two-way communication between users and instructors. The users can speak by using a microphone, chat by sending a message through a chat window and share their screens with an instructor. For better understanding, users can take the sample recorded class on this page to know of the quality of instruction and the way the class is conducted.

    Yes, the instructor will allocate you a real-time project to have a clear understanding of how you are able to conceptualize and implement the real-world application of the course content.

    Yes, we run multiple offers from time-to-time. Please, contact the support team they will give the Coupon Code.

    Yes, we will give you a discount of Rs 1500/- on selected course if you refer someone. We also offer special discount for groups.

    Yes, we will provide you the links of the software to download (trial version) which are open source and for proprietary tools we will provide you trial version, if available.

    For your practical work, we will help you set up a Virtual Machine on your system with IDE’s. This will be local access for you. The detailed step-wise installation guides are present in your LMS which will help you install and set-up the environment for any course. In case, you come across any doubt, the 24/7 support team will promptly assist you through mail (support@xoomtrainings.in) or Phone (+91 -40-4018 3355)

    4 Mbps of internet speed is recommended to attend LIVE classes. However, we have seen people attending the classes with a much slower internet connection too.

    Yes. You will receive a Digital E-Certificate from us once you complete the course. You can include this is in your Resume to get placed better.

    Xoomtrainings is the largest online education company and a large number of recruitment firms contacts us for our student’s profiles from time-to-time. Since there is a big demand for this skill, we help our certified students get connected to prospective employers. We also help our customers prepare their resumes, work on real life projects and provide assistance for interview preparation. Having said that, please understand that we don’t guarantee any placement. However, if you go through the course diligently and complete the project you will have a very good hands on experience to work on a Live project.

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    You will get 24/7 access to the blog to post your questions. Trainers will answer your questions through email within 24 hrs. of time. Also, our support team will help you 24/7 through mail (support@xoomtrainings.in) or Phone (+91-40-4018 3355 ,7093502091,92 ).

    You can give us a CALL at INDIA: +91-40-4018 3355 ,7093502091,92  Or Email at contact@xoomtrainings.in


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    • Rs.19,000.00
    • 35 Hours

    Course Features

    Lifetime access to the learning management system including Class recordings, presentations, sample code and projects

    Lifetime access to the support team (available 24/7) in resolving queries during and after the course completion

    Xoomtrainings certified based on your project performance, reviewed by our expert panel

    Xoomtrianings enjoys strong relationship with multiple staffing companies in US, UK and India. If you are looking out for exploring Placement opportunities, you can pass your resumes once you complete the course and we will help you with job assistance. We don’t charge any extra fees for passing the resume to our partners and clients

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