In today’s ultra-competitive world, a mere degree or a few months of experience will not take you far. What one needs today are partaking in courses from solid institutes with excellent lab facilities, superb faculty and a proven track record also with excellent placement services. Even seasoned professionals need to keep updating themselves and their skills to stay ahead on the corporate ladder. 

It is here that one must draw attention to a particular field called Systems, Applications and Products, also known as SAP. But first, for the uninitiated, what exactly is SAP? SAP is an enterprise resource planning software developed by the German firm SAP AG. The key business functions of an organization are incorporated by SAP. SAP AG released the SAP R/3 system product that is a three-tier client-server technology.

SAP has been providing solutions across a wide range of industries and businesses in management and IT.

SAP FICO is an essential subset of SAP ERP that helps organizations manage their financial data. SAP FICO enables an organization to handle and produce all financial statements for reporting and analysis and also help with effective decision making and business planning. SAP FICO consists of two sub-modules, SAP Finance (FI) and SAP Controlling (CO). SAP FI focuses on complete accounting and financial reporting while SAP CO focuses on monitoring costs and planning.

SAP FICO courses in Gurgaon

Over the past few years, the satellite town of Gurgaon, a suburb of New Delhi, has seen a proliferation of institutes, training programs, courses and trainers. While the city of Bengaluru is often considered the IT capital of the country, Gurgaon is rapidly catching up, especially when it comes to IT training and SAP FICO.

However, choosing the right institute with the right set of trainers and expertise with excellent lab facilities is vital in ensuring your success in SAP FICO. Thus, the following list of institutes has been curated and vetted very carefully to provide readers with the best possible resources and a list of institutes that help them in their SAP FICO journey.

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1. Henry Harvin Education

Henry Harvin Contact No: +91 9891953953 | Chat on WhatsApp with Henry Harvin

henry harvin logoThis institute is the pioneer of SAP FICO Course in India and is the leading institute or top dog in India offering this course. The institute is ranked among the top3 institutes for SAP FICO Course in Gurgaon and offers twelve boot camp sessions to brush up concepts, allows one to participate in unlimited sessions with multiple trainers, provides 24 by 7-lifetime access and support and provides mobile app access to the Moodle E-learning portal and provides experienced hands-on training with industry projects during the course.

Benefits of the course

As part of the gold membership benefits, candidates get an E-learning access to recorded videos, games, projects, case studies; monthly boot camp sessions where concepts can be brushed up with domain experts; guaranteed internship opportunities and placement assistance with Henry Harvin or partner firms; support in clearing and facing interviews; and resume writing and soft skills development; free one-year subscription of Henry Harvin LMS and recorded videos of the sessions. 

Eligibility for the course
This course is most suitable for finance professionals, candidates who have a degree in the field of B.Tech, B Sc, B Com, or hold a master’s degree, job seekers looking to build a career in the domain of SAP FICO, employees switching the finance domain from other fields, employees working in the finance department of large corporations, finance generalists, working professionals looking to enhance their skills, graduates looking for a successful career, existing disgruntled employees looking to prove their worth to their employers, etc.

Course curriculum

The institute’s curriculum is varied and comprises an introduction to ERP, SAP FI-general ledger accounting, SAP FI- Financial Accounting basic settings, SAP FI-accounts receivable, SAP FI-accounts payable, SAP FI-reports, SAP FI-asset accounting, SAP CO-basic settings for controlling, SAP CO-COPA reporting, SAP CO-Cost centre accounting, SAP CO-profit centre accounting, SAP CO internal orders, SAP integration, resume writing and soft skills development.

Check Henry Harvin  SAP Courses 

SAP FICO Course | SAP MM COURSE SAP HR Course | SAP Hana Course SAP ABAP Course SAP Ariba Training |

Cities in India where Henry Harvin SAP FICO Course is provided:

DelhiHyderabadMumbaiGurgaonPune, IndoreOnlineBangaloreKolkataChennai

Check Henry Harvin Student Reviews

1. Mukesh Saw

⭐⭐⭐⭐⭐

I had completed a course from Henry Harvin, before enrolling in the SAP Fico program in noida. I knew what to expect. But the aspect that stood out was the roster of faculty who were experts in the niche and had immense real market standards.

2. Yaah Raj

⭐⭐⭐⭐⭐

I learned the SAP FICO training course in Noida. I came to know about Gold membership from one of my friends. It benefited me due to the recorded sessions and placement opportunities, which allowed me to apply to a different company.

3. Mahesh Dalvi Ram

⭐⭐⭐⭐⭐

The content for Henry Harvin’s SAP FICO Course in Sector 104, Noida is exhaustive with the most immersive learning techniques. The case studies and projects helped me grasp the subject better….

2. SysAppPro

Contact No: 070652 94210

SysApp Pro SAP Training institute in Gurgaon provides placement focusses and real-time SAP FICO training in Gurgaon. Basic, advanced and intermediate level training is provided for different modules for different SAP technologies and is designed to get placement for students. The institute’s SAP trainers are SAP certified experts with real-time hands-on knowledge of multiple SAP technologies.

The syllabus is tailored to meet the requirements of students and the real world. Candidates can learn either functional or technical or techno-functional Sap modules, and SAP projects. The institute provides morning, evening and weekend batches. The institute’s SAP training provides real-time project scenarios and real-time practicals.

The institute provides both classroom and online training.

The institute provides online SAP training videos, training material, and SAP interview questions free of cost to students. The institute covers in-depth technical concepts of all topics in SAP modules in synch with student needs. Its trainers and training centre provides hands-on practical training and experience to students. SYSPRO is one of the foremost institutes of Sap training in Gurgaon and its trainers have 7-plus years of experience in handling real-world SAP FICO projects.

The institute implements a mix of theoretical learning and practical sessions that gives candidates optimum exposure to make them seasoned professionals. The institute has high tech lab facilities and infrastructure with multiple courses in the Gurgaon location. The institute trains multiple students in SAP FICO at reasonable fees and is customized keeping in mind the course content requirement and training of each attendee.

The course emphasizes learning by doing using world-class infrastructure and performing hands-on real-world simulations and exercises. These prepare students for real-world situations at the workplace.

Benefits of the course

The institute offers flexible batch timings, offers both classroom and online training, round the clock SAP server access offers a 24/7 lab facility, offers trainers with 6-to-10 years experience on the SAP platform who have worked on full life cycle implementation projects and who have experience in training with international standards.

The institute offers smart classrooms equipped with projectors, digital pads, live racks and wifi connectivity, discussion and silent zones in labs to promote group discussion and self-study, free of cost personality development sessions including spoken English, presentation skills, group discussions, and mock interviews, hostel facilities at INR 5,500 a month, the facility to retake the class as often as desired at no charge, one-on-one attention by instructors free extra time slots for unlimited practicals.

Course Curriculum

The institute has a diverse curriculum that includes SAP introduction the comprises SAP/R3 architecture, ASAP methodology; Basic settings that include the creation of a company, assigning company code to the company; General ledger that includes GL master record and credit management; Accounts payable that includes vendor master records and automatic payment program; Accounts receivable that includes customer group (SD and FI) customers and lockboxes; Asset accounting that includes a chart of depreciation and capital work in progress; Controlling that includes controlling area and budgeting; Internal orders that include order type internal order and budget profile; Profit centre accounting that includes controlling settings and transfer of pricing; and Profitability analysis that includes operating concern and reports painter.

Duration of the course

The course has three different durations that includes a fast track training program which is six-plus hours daily, regular weekday classes in the morning, afternoon and evening and weekend training classes.

As to the course fees, several calls and emails to the institute went unanswered at the time of writing this blog. Thus, regrettably, we will not be able to enumerate the course fees.

For any kind of detail, visit the website – https://saptraininginstitutedelhi.in/

3. Aptron

Contact No: +91-7291812999

APTRON logoThis institute offers an in-depth SAP training facility in Gurgaon. Its core strength is its trainers who are veteran industry professionals and have developed the curriculum with practical modules.

During the training, trainers emulate real-life situations using devices and simulators. SAP FICO candidates at the institute are asked to make decisions regarding managing the technology or troubleshooting without stopping normal business operations. The institute has set up a laboratory in line with industry standards that comprise the latest devices, software and applications.

The whole institute is equipped with WiFi facilities, smart classrooms and the latest IT infrastructure. The institute also provides placement services to students, which schedules placement drives and also conducts interviews with MNCs. T

he course fee also is very moderate to accommodate students from all walks of society. The course sessions are also flexible and are tailored to the candidate’s requirements.

Benefits of the course

The SAP FICO course of this institute adheres to international industry standards. Its SAP FICO trainers are analysts, managers, researchers and consultants possessing decades of experience in SAP FICO training. The institute offers state-of-the-art labs and infrastructure. The lab is open to candidates around the year every day. Candidates are given online mentoring.

The SAP FICO training classrooms are equipped with projectors, digital pads, live racks and wifi. There are also separate study rooms and discussion zone areas. Free of cost sessions are conducted on soft skills like personality development, mock interviews, spoken English and group discussion. Free of cost SAP FICO training materials are provided including books, HR interview questions, soft copies of tutorials in the form of PDFs, technical questions and sample papers. Hostel facility is provided at INR 5,500 a month.

The curriculum of the course 

The institute’s SAP training course is myriad and consists of an Introduction that includes SAP R3/Architecture and ASAP methodology; Basic settings that include the creation of company and field status variant; Accounts payable that includes tolerance group for vendors and extended withholding tax, Accounts receivable that includes customer master records and bills of exchange; General Ledger that includes posting of documents and reversal of documents, Controlling that includes cost element accounting and planning cost centre and cost element; Asset accounting that includes account determination and depreciation run; Profit centre accounting that includes the assignment of revenue elements and planning profit and loss items; and Internal orders that include planning internal order wisely and settlement profile.

Duration and course fees  

The institute has three different durations or course cycles. The first that is live classroom-based is the regular track which takes 45-60 days at 2 hours every day. The weekend track is also live classroom-based for eight weekends at three hours a day.

Fast track is also live classroom sessions conducted over five days and six-plus hours of sessions each day.

The duration is the same for both offline and online training. The course fees are INR 20,000 plus taxes for payment in instalments and INR 18,000 plus taxes for lump sum payment. 

For any kind of detail, visit the website – https://aptrongurgaon.in/

4. SLA Consultants

Contact No: +91-8700575874

SLA Consultants logoSLA Consultants Gurgaon brings you quality SAP FICO which is designed to give candidates comprehensive skills in the field and fulfil the needs of the industry. In SAP FICO training provided by this institute, a total of eleven different modules are covered which include Financial Accounting, accounts payable and receivable, general ledger accounting, asset accounting, integration, reporting and controlling and product costing. The financial accounting module helps candidates develop external reports to fulfil and learn business transactions of the organization.

It helps them integrate and understand the system with material management, purchasing and sales and distribution. The financial module will help candidates to prepare accurate reports of financial data in real-time and learn the impact of finances. By learning SAP FICO students will be able to help management control their business operations by structuring financial data.

After completion of the SAP FICO course, candidates will be able to understand the working principles of financial accounting, learn the importance of general ledger and its features, integrate the finance module with other SAP modules and master the concept of SAP FICO.

Benefits of the course

The SAP FICO training in Gurgaon is given by experienced and certified chartered accountants using the job-oriented and updated course curriculum designed to meet the future and current needs of the business.

Also, there are projects and assignments, 100% job placement assistance, handouts and workshops, real-time live SAP FICO practical training, exceptional and wide administrative support, and real case scenarios. In terms of lab facilities, the institute has world-class lab facilities that conduct technical test series with SAP FICO practical training. There are also workshop sessions that include case studies for candidates and real-time project learning 

 By acquiring SAP FICO skills candidates will be able to perform the responsibilities and roles of SAP FICO consultants who are highly sought after. SAP FICO consultants are one of the highest-paid individuals in the industry and on average earn INR 5,83,000 per annum.

SAP FICO consultants are regarded as vital to the accounting department in any business as they are responsible for reporting and processing financial transactions of a company in an accurate manner.

Course Curriculum

The institute has a varied curriculum that comprises a module on introduction to SAP R/3 that includes an introduction to ERP and introduction to SAP R3 FICO, a module on Financial accounting basic settings that includes a definition of company and defining retained earnings accounts,

It also includes a module on General ledger accounting that includes the creation of general ledger master with & without reference and accrual and deferral documents, a module on Accounts payable that includes the creation of vendor accounts groups and defining correspondence & party statement of accounts, a module on accounts receivable that includes the creation of customer account groups and posting of sales returns,

There is also a module on asset accounting that includes defining a chart of depreciation and depreciation run, and a module on general ledger accounting that includes parallel ledgers and segments.

Duration of the course and course fees   

The institute’s SAP FICO course has a duration of 35-40 hours and provides training both online and offline. In both cases, the course fee remains the same at INR 10,500 inclusive of taxes.

https://www.youtube.com/watch?v=iQhTbG5Xl3c

For any kind of detail, visit the website – https://www.slaconsultantsindia.com/

5. iClass Gurgaon

Contact No:  +91 9514 100 100

iclasstraining.in logoiClass training provides placement focused and real-time SAP FICO training in Gurgaon. Its SAP FICO course provides training from basic to advanced levels and is designed to provide placement with top MNCs. Its SAP trainers are SAP FICO certified experts and have experience in hands-on real-time multiple SAP FICO projects. The course curriculum of the SAP FICO course is done keeping in mind students needs and requirements.

Benefits of the course

The institute offers SAP FICO training within multiple locations in Gurgaon and its SAP FICO training centres are equipped with excellent infrastructure and lab facilities. The institute provides an SAP FICO certification training path for its students in Gurgaon and has so far trained more than 4130 students.

In the institute’s SAP, FICO training program candidates can choose between technical or functional SAP modules, SAP certification placement training and SAP real-time projects.

Course Curriculum

The institute’s curriculum is diverse and includes a module on SAP introduction that includes SAP R/3 architecture and ASAP methodology, a module on Accounts payable that includes vendor groups (MM and FI vendors) and purchase returns, a module on basic settings that includes creation of company and global parameters, a module on Accounts receivable that includes customer group (SD and FI customers) and lockboxes.

A module on General ledger that includes GL master record and credit management, a module on Asset accounting that includes account determination and capital work in progress, a module on Internal orders that includes order type internal order and settlement profile, a module on Controlling that includes controlling area and budgeting, a module on Profitability analysis that includes operating concern and reports painter.

A module on Profit centre accounting that includes controlling settings and transfer of pricing and a module on Product costing that includes the creation of secondary cost element and work in progress.    

Course duration   

The institute has weekday classes with a duration of seven weeks, a weekend classroom classes duration of ten weeks duration, and a fast track training program of within seven weeks having seven hours of classes daily.

For any kind of detail, visit the website – https://iclasstraining.in/gurgaon/

6. TCA Gurgaon

Contact No: +91 7428 602 849TCA Gurgaon logoTCA Gurgaon is renowned for providing quality education and training in Gurgaon. The institute’s SAP FICO curriculum is designed to suit industry standards that make it a 100% job guaranteed curriculum. At TCA training is live projects-based training which is all about practical knowledge and hands-on experience. Candidates learn, develop and deploy their SAP FICO projects with the institute. All the institute’s trainers are professional experts with plenty of experience and practical knowledge. Training is provided from basic levels to advanced levels in a real-time environment. 

After completion of SAP FICO training and certification, candidates get placement where the institute’s placement team send students to MNCs to interview with references and schedules placement drives.

In the institutes’ SAP FICO industrial training program, the institute trains students to develop two projects during six months of industrial training in SAP FICO and also get real-world industry conditions exposure. During these six months, candidates get to learn fully about all the phases of the Software Development Lifecycle

Benefits of the course

The institute has highly qualified and experienced trainers and candidates who learn SAP FICO in a hands-on practical real-world environment. The institute’s syllabus is job oriented and oriented to meet industry standards. The institute provides live project-based SAP FICO training and fast track classes are also available along with flexible schedules with both weekday and weekend training. The institute also has well-developed infrastructure and decent lab facilities with big screens and projectors and candidates have access to updated modern IT technology. The institute provides its curated course wear and books. The institute also provides job-oriented brush-up sessions with the goal of placement which include interview tips and tricks by experts, grooming sessions and technical seminars, and a session on Naukri.com, resume writing sessions, group discussion sessions, personality development sessions, etc. 

Course Curriculum

The institute has a diverse curriculum which includes a module on introduction to SAP that includes job scenarios in SAP and ASAP roadmap, a module on Basic settings that includes define company and document types and number ranges, a module on General Ledger that includes chart of accounts and company code global parameters, a module on End user area that includes G/L document posting and currency translation, a module on Accounts payable that includes vendor account groups and settlement between customer and vendor,.

It includes a module on Accounts receivable that includes customer accounts group and dunning program, a module on Asset management (Asset Accounting) that includes assign chart of depreciation to company code and deprecation running, a module on Controlling that includes controlling creation of controlling area and assignment, a module on Basic settings that includes creation of cost elements and grouping of cost elements, a module on Cost center accounting that includes cost center accounting basic setting and reports for cost center wise, a module on profit center accounting (PCA) that includes PCA basic settings and PCA planning, and a module on Internal orders that includes internal order types and master data.

Course duration and fees

The institute offers training both offline and online. For both, the duration and fees are the same. The duration of the institute’s SAAP FICO course is three months and the course fee is INR 22,000 inclusive of taxes.

For any kind of detail, visit the website – https://www.tcagurgaon.in/

7. Techspirals

Contact No: +91- 9871163208

Techspirals is one of the best SAP training institutes in Gurgaon. Its SAP FICO course is equipped with live scenarios and full practicals that are required by the sales and distribution department of firms. Its SAP FICO course syllabus is tailored to real-world scenarios to meet the needs of organizations. The institute provides SAP FICO study materials and prepares candidates for interviews by grilling them with interview questions. The training is both theoretical and practical oriented.

Benefits of the course/institute  

Techspirals is renowned for convenient batch timings so that candidates are in no hurry or stress. There are weekend classes for working professionals and classes are both online and offline. The institute provides excellent lab facilities so that individuals can practice at their convenience. In addition, server infrastructure is also provided. It provides well-experienced faculty who are grounded in the real world and provide real-world training. Free demo sessions are available for candidates who want to try before buying. Extra classes facility is provided to students who have missed lectures free of cost. 

Course Curriculum 

Techspirals course curriculum is diverse and consists of a module on the introduction that includes SAP overview, a module on Enterprise structure and financial accounting global settings that includes fiscal year variant and posting keys, a module on General ledger accounting that includes a chart of accounts and GL reporting, a module on General topics in GL that includes parking documents and layout and variant creations.

The course also includes a module on Accounts payable and accounts receivable that includes vendor and customer account groups and SPGL transaction – vendor and customer advance posting, a module on General topics cash account that includes cash journal, a module on General topics bank account that includes house bank and automatic payments programs, a module on General topics taxation that includes a tax on sales/purchase and withholding tax, a module on Accounts receivable that includes dunning and depreciation, and a module on Asset accounting that includes defining account and define screen layout.

For any kind of detail, visit the website – https://techspirals.com/

8. ERPPREP Gurgaon 

Contact at  [email protected]

ERP BytesThis institute is headed by a group of SAP consultants with experience in different areas of SAP technology. With their expertise in providing Sap solutions across multiple industries, they have gained multiple skills and competencies in different SAP domains.

Benefits of the course

The institute provides a platform that enables candidates to prepare for SAP certification exams. Its platform facilitates candidates to attend an online certification practice exam that simulates an actual SAP certification environment with multiple choice answers with randomized questions from a premium question bank within a defined time limit. The institute’s materials and practice exams have been devised by certified SAP consultants and industry experts with significant project experience. The institute offers certification practice exams with 100% accuracy. 

The exam fee for its practical exam is much lower than the cost of formal SAP training, official books and certification exam. The institute guarantees full success during the exam, failing which it will refund the candidates tuition fees. The materials required to prepare for the exam can be purchased in five minutes on the institute’s website. 

SAP FI (Financial Accounting)

The institute’s experts have designed an online SAP FI certification practice exam carefully simulating exam structure, time duration, syllabus, cut score and topic weights the same as in the actual SAP FI certification exam.

A question bank has been prepared for this practice exam with the help of domain experts and feedback from successful candidates. The question bank includes practical case study-based questions and answers which are similar to what candidates face in the real exam.

The institute offers two versions of its practice exam – the basic version and the premium version. The basic version includes only basic SAP FI certification questions. The premium version, on the other hand, includes actual scenario-based questions which are found in the real exam and which require more preparation.

Features of the premium exam

The premium SAP FI certification prep exam offers two months of unlimited access to the online SAP FICO certification practice exam, 270-plus scenario-based practice exam questions and answers, multiple-choice questions with correct answers, a personalized result book to track candidates progress, free question updates from the latest SAP FI certification exams, result history with attendant questions and answers. All this is for $54.80, the lowest price among the institute’s peers. The payment is safe and secure with the 2Checkout payment gateway.

SAP FI certification

The SAP FI certification is at the associate level and has an exam price of UDS 550. It has a duration of 180 minutes and 80 questions are asked in the exam. The passing score is 60%.

The curriculum of SAP FI

The institute’s SAP FI curriculum is diverse and consists of a module on General Ledger Accounting that includes create and maintain general ledger accounts and exchange rates, a module on Accounts payable that includes create and maintain vendor accounts and describe integration with procurement, a module on Asset accounting that includes create and maintain charts of depreciation and the depreciation areas and explain and configure parallel accounting and new asset accounting, a module on SAP financial basics that includes map the accounting structure of a company in Sap and explain posting keys, and a module on Financial closing that includes create a balance sheet and manage posting periods.

SAP CO management accounting certification

The SAP CO management accounting certification exam is at the associate level, costs USD 550, is of a duration of 180 minutes, has 80 questions and a passing score of 56 marks.

SAP CO curriculum

The institute’s SAP CO management accounting curriculum is diverse and consists of a module on Cost centre accounting that includes define, create and configure cost centres, and configure period-end closing for CCA, a module on Product cost planning that includes determine and configure product cost planning and carry out a price update in the material master record, a module on Internal orders that includes distinguishing between order category and order type and configure period-end closing for IOA, a module on Cost object controlling that includes determine and configure cost object controlling- planning and actuals and configure period-end closing for cost objects, and a module on Profitability analysis that includes defining value fields and design process flows.

Duration and course fee

The institute’s SAP FICO course is offered both online and in the classroom. The duration and course fees are the same for both. The duration of Erpprep’s SAP FICO course is 3 months and the classes are held on weekends for 3-4 hours each day. The course fee is INR 25,000 inclusive of taxes.

For any kind of detail, visit the website – https://www.erpprep.com/

9. Ducat

Contact No: 70-70-90-50-90

DUCAT logoThis institute offers one of the best SAP FICO training platforms in Noida. Apart from Noida, it has coaching centres in Gurgaon as well. Training is provided by live projects by expert trainers. Its SAP FICO course is carefully designed for students, freelancers, undergraduates, working professionals and graduates. The institute’s SAP FICO course drills deep into the subject matter to ensure quality training.

Reasons to choose the course

The institute’s SAP FICO course focuses on innovative ideas, smart classes, high-quality training, and 100% job assistance. Its faculty works all over India. The institute offers 40 modules covered over three months for its SAP FICO course and has trained over 10,000 candidates. The institute offers dedicated student support, an international certificate, career services, software tools, industry expert mentors, career counselling case studies, career counselling, a 50% salary hike, and timely doubt resolution.

Benefits of the course 

Ducat offers the best ERP training in Gurgaon with industry experts, disseminates complex technical topics in a very simplified manner, provides weekend as well as regular classes, students can retake classes with zero charges, trainers help students in live project training, the institute provides a well- recognized course completion certificate with project letter, the institute offers 100% placement assistance, students get to work on live projects.

Course Curriculum

The institute’s course curriculum is diverse and consists of a module on Overview of ERP SAP that includes SAP history and version overview, a module on Overview on all functional modules that includes finance module and MM & SD overview, a module on Overview on a full cycle that includes implementation project and support project.

A module on FICO overview and SAP login process SAP FI general setting and enterprise structure that includes company and posting keys, a module on ASAP methodologies that includes project preparation and final preparation, a module on GL transaction that includes document entry JV and sample account, a module on GI master data that includes a chart of account groups and retained earnings account, a module on Overview that includes cash journal and balance sheet generation, a module on Tax that includes extended withholding tax (TDS) and tax on sales and purchase (GST).

It also includes a module on AR transaction that includes customer invoice and customer payments, a module on AR master data that includes account groups and bank account, a module on AP master data that includes dunning and vendor accounts, a module on AP transactions that includes invoices and payment requests, a module on AR processing that includes clearing and terms of payment.

Duration and course fees 

The institute offers SAP FICO course training in both online and offline formats. However, for the time being, owing to the lockdown only online classes are being held. The duration for the SAP FICO course is three months and the original course fee is INR 25,000. However, currently, a discount of INR 5000 is being provided to this price making the current course fee INR 20,000.

Croma Campus

The institute offers SAP FICO training aimed at providing comprehensive knowledge of SAP Controlling and Financing concepts in depth with real-world scenarios and multiple examples. The institute’s training program is designed to help candidates master all configurations and functionalities available within the module. Additionally, it will help candidates gain sufficient knowledge to appear for the SAP FICO exam and become SAP consultants.

Course objectives   

The course has myriad objectives that include implementation and configuration for SAP FICO module, integration of SAP FICO with SAP SD and SAP MM, requirements gathering for the business record to report process cycle, understand how a required business process runs on SAP, SAP business analysis to improve financial activities, be able to work as both SAP consultant and SAP end-user, hands-on experience with the SAP system and being able to take the SAP FI certification exam.

Eligibility for the course 

The institute’s SAP FICO course is intended for SAP FICO consultants, end-users and managers, anyone aspiring for a career in SAP, anyone aspiring to become an SAP FICO consultant or manager, accountants and Cas, SAP and ERP professionals, project managers and supervisors, business analysts and consultants, financial analysts and consultants.

Course Curriculum  

The institute has a diverse curriculum. This includes a module on Introduction that includes ERP concepts and financial overview, a module on General settings that includes the creation of general ledger master (with or without reference) and interest calculation on term loans, a module on the document that includes budgeting and define document types and number ranges, a module on Account group and retained earnings account that includes management accounting and defines account group and retained earnings account, a module on Field status variant that includes volume profit analysis and cost control and standard costing, and a module on Tolerance group that includes tolerance group for GL accounts and assigning users to tolerance groups. 

Duration and Course Fees

The institute’s SAP FICO training is divided into both classroom and lab training. The duration for the former is 40 hours and the duration for the latter is 120 hours. The course fee has a basic cost component of INR 17,000. With 18% GST this figure comes to INR 20,060. However, a ten per cent discount is offered on this price taking the total price to INR 18,054.

For any kind of detail, visit the website – https://www.ducatindia.com/

Conclusion

ERP FICO is popularly known as ERP control and Finance. FICO is not a standalone module of SAP but a combination of ERP FI and ERP CO modules of ERP R/3. The ERP FI module is linked with finance and accounting whereas the ERP CO module is linked with revenue and cost for the idea of planning, examining the operations of a company and reporting. ERP modules provide real-time insights into the economic position of a company in contrast to conventional systems where there is no real-time function. This helps in better strategic decision making. 

Whatever be the inner working of SAP one thing is clear – the prospects for SAP ERP professionals in India is sky-high. According to Payscale.com, the average annual base salary for SAP ERP professionals in India is INR 655,878. The salary for SAP professionals with 20-plus years of experience is well over INR 2 million. Thus, if candidates get their act together and perform well the sky is the limit! 

However, while choosing institutes one has to be careful to select the right institute with the right facilities and trainers. The choice can often make the difference between money well spent and money went down the drain, and also the difference between success and falling by the wayside. We hope this carefully curated list of institutes will help you on your journey to being an SAP consultant and an SAP FICO professional.

Happy reading!

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FAQs

Q-1. What does the term SAP FICO mean?
 

ANS: SAP FICO stands for FI (Financial Accounting) and CO (controlling0). In SAP FICO SAP FI takes care of accounting, tax computations and preparation of financial statements, while SAP CO takes care of internal orders, cost allocations, cost sheets and inventory sheets. It is the software that stores data, computes it and retrieves the result based on the current market scenario. SAP FICO does the verification and reporting of data and prevents data loss.
 

Q-2. What are the other modules to which ‘Financial accounting’ is integrated?
 

ANS: The other modules to which ‘Financial Accounting’ is integrated are sales and distribution, controlling of financial transaction, material management, production planning, and human resources.

Q-3. In SAP FI, what are the organizational elements?
 

ANS: The organizational elements in SAP FI are company code, functional area, business area and chart of accounts.

Q-4. What is the posting key and what does it control?
 

ANS: To determine the transaction type that is entered in the line item, a two-digit numerical value is used that is known as the posting key. Posting key determines account types, a field status of transactions, types of posting- debit or credit.
 

Q-5. What is the company code in SAP?
 

ANS: To generate financial statements like Balance sheets and profit and loss statements, company code is generated and used in SAP FICO.

 

 

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33 Comments

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