SAP Finance Training in In Huston, England, Saudi Arabia, Australia

SAP Financials – FI Training

(International Students Course)

Omni Academy SAP Financial Accounting introduction program gives you a hands-on training which will help you to develop your expertise with SAP FI tips & tricks, learn exactly which functions and features are used in day-to-day business world get help from our certified SAP expert within the course. Course methodology will explains and demonstrates each important function of FICO module using SAP live server, lab-work, and practical theory. You do NOT need to have any previous experience with SAP as instructor will take you through from Beginner or Basic and make you highly comfortable with inner workings of SAP to increase you proficiency. Online classes available with flexible schedule.

Adopt SAP consultancy as career?

If yes than you’re making a wise choice – SAP is the place to be. Interesting work, good money, amazing opportunities, great community. Here’s some key steps about selecting SAP as Career:

Build up experience in your chosen field (Finance, Supply chain or HR)
Do some SAP training (grasp the basics of SAP ERP Application)
Apply for your related industry job (finance, supply chain or HR) in large organizations that you know are running SAP; in the interview tell them how interested you are in SAP, and that you’ve taken independent training
Once employed, work your way into the SAP group by making your interest clear.

Course Key Modules

Module-1 SAP FI – General Ledger Accounting
Module-2 SAP FI – Accounts Payable Accounting Contents
Module-3 SAP FI – Accounts Receivable Accounting
Module-4 SAP FI – Cash & Bank
Module-5 SAP FI – Asset Accounting

The Most Sensible Sequence is:

Learning Overview

Learn SAP ERP Certification Exam Pattern
Understand How Sap Financial Accounting Works
Master The Basics Of Sap Financial Accounting
Learn About Important Financial Accounting Terms
The Importance Of The General Ledger And Learn About Key Features
Learn About Sub-Ledgers, Accounts Receivable/Payable, Asset Accounting
Overview Of How The Finance Module Integrates With Other Sap Modules
Recognize The Organizational Elements Of R/3 And Describe The Basic Settings
Be Able To Classify And Reconcile R/3 Documents With The Original Documents
Learn About Opening And Closing Posting Periods
Assign Posting Authorizations To Users
SAP Certification Exam Tips
SAP Certification Exam Practices Test Simulations Questions

Module-1 SAP FI-General Ledger Accounting

Contents

Overview of the following
- Company Code
- Controlling Area
- Chart of Account
- Chart of Depreciation
- Document & Document Types
- Reconciliation Accounts in SAP
- Open Item Management in SAP
- Special GL Transactions
- Noted Items in SAP
- Posting Key
- Cost Centers & Profit Centers
- Posting Periods & Field Status Variant
- Payment Terms & Cash Discount
- Tolerance Group
Prerequisites
- Master data of General Ledger Accounting
- Creation of Cost Centers
- Creation of Profit Centers
Parking & Posting of General Ledger Account Documents
Displaying a Parked & Posted Document
Displaying & Changing General Ledger Account Document
Posting of a Parked Document
Deleting a Parked Document
Reversal of a General Ledger Account Document
Creating a General Ledger Recurring Document
Displaying a Recurring Document
Executing a Recurring General Ledger Account Document

Tasks to be done by Students:

Create a New General Ledger Account in Chart of Account
Create a New Profit Center
Create a New Cost Center
Park a General Ledger Account Document
Display Ledger of General Ledger Account
Display Parked Documents
Post a Parked Document
Reverse a General Ledger Account
Carry out Recurring Entries in General Ledger.

Module-2 SAP FI – Accounts Payable Accounting Contents

Overview of Accounts Payable
Creating a Vendor Master Record
Change Vendor Master Record
Create Cheque Lots for House Bank
Posting Vendor Down Payment Request
Posting Vendor Down Payment
Posting Vendor Invoices
Down Payment Clearing
Posting Vendor Credit Memo
Posting Manual Outgoing Payments Through Cheque & Transfer
Automatic Payment Program
Making Partial Payments to Vendors
Vendor Account Clearing
Displaying Vendor Balance Report

Tasks to be done by Students:

Create a New Vendor
Post Down Payment Request
Post Down Payment
Post Vendor Invoice
Clear Vendor Down Payment
Post Vendor Credit Memo
Process Manual Outgoing Payments Through Cheque & Transfer
Run Vendor Balance Report
Pay through Automatic Payment Program
Clear Vendor Account
Display Vendor Balances

Module-3 SAP FI – Accounts Receivable Accounting

Contents

Overview of Account Receivable Accounting
Creating a Customer Master Record
Change Customer Master Record
Posting Customer Down Payment Request
Posting Customer Down Payment
Posting Customer Invoices
Down Payment Clearing
Posting Customer Credit Memo
Posting Incoming Payments
Receiving Partial Payments from Customers
Customer Account Clearing
Displaying Customer Balance Report

Tasks to be done by Students:

Create a Customer
Post Customer Down Payment Request
Post Customer Down Payment
Post Customer Invoice
Adjust Invoice against Down Payment Received
Post Customer Credit Memo
Clear Customer Account
Display Customer Balances

Module-4 SAP FI – Cash & Bank

Contents

Overview of Cash Journal
Bank Key Master Data
House Bank Master Data
Cash Withdrawal from Bank
Payment For Cash Expenses
Advance Paid on Cash
Overview of Banks in SAP
Bank to Bank Transfer
Bank Reconciliation

Tasks to be done by Students:

Post Cash Receipt Transaction in Cash Journal
Post Cash Expenses Transactions in Cash Journal
Prepare Bank Reconciliation in Excel Sheet & Enter it in SAP.
Execute Bank Reconciliation

Module-5 SAP FI-Asset Accounting

Contents

Overview of Asset Accounting
Asset Master Data Maintenance
Sub Asset Maintenance
Acquisition of Assets
Retirement of Assets With Customer
Retirement of Assets Without Customer
Retirement of Assets Due to Scrapping
Transfer of Assets
Settlement of CWIP
Reversing an Asset Document
Depreciation Run
Asset Report/ Asset Explorer

Tasks to be done by students:

Create Asset
Acquire Asset through Vendor
Retire Asset to Customer
Retire Asset Without Customer
Run Asset Explorer
Create a CWIP Asset
Acquire CWIP Asset
Retire an Asset Due to Scrapping
Reverse an Asset Document
Run Depreciation at the end.

Best Industry Focused Training & Certification Combination

Experienced & Accredited SAP Trainers
Accredited Training Material
Includes SAP documentation manual
Two FREE practice examinations
Excellent first attempt pass ratio

Training Valuables

Instructor Lead Training
SAP Accredited Training Documentation
Get a FREE Practice Exam Questions

Who is the Course Audience?

Graduates who have basic understanding of finance and financial terminology & want to learn FICO.
SAP Functional Consultants who need a fundamental understanding of FI.
SAP Technical Consultants and Developers who need a fundamental understanding of FI

SAP Job Market

SAP Job Interview Questions

SAP Course Useful Links

Disclaimer

SAP is a registered trademark of SAP AG in Germany and many other countries.
SAP software and SAP GUI are proprietary SAP software.
You can officially get SAP Access to practice on SAP system from SAP’s website (Please google “SAP LIVE Access” or “External Virtual Desktop“)

International Students FEE and Exams

International Students Online Training Fee : 1,000 USD | 3,750 SAR | 3,750 AED
Functional or Technical Certification Fee – £350 (Each Module excluding VAT) – NOT included in Training Fee

Timings 10.00 am - 08.00 pm

SAP Financial Training Course – SAP FI for International Students 🌎