SAP MM-FICO Dual Expertise Course

SAP MM-FICO Dual Expertise Course

Henry Harvin® Brings New Career Opportunities with SAP courses by Tribune India

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Get equipped with the necessary skills to work with SAP software | The FI module is linked with MM module because every operation performed in MM Module like Goods Receipt and Invoice Receipt directly impact the financial operation of the organization | SAP MM module application that supports the procurement and inventory functions | Qualify for SAP FICO Certification and Develop a Promising Career with SAP FICO Training.

Starts In 11 day

03 Jun 2024

Learning Period

88 Hours

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Accreditations & Affiliations

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There's a reason that 95% of our alumni undertake 3+ courses as a minimum with Henry Harvin®

Know the complete offerings of our SAP MM-FICO Dual Expertise Course

Key Highlights

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88 Hours of Instructor-Led Sessions
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29 Hours of Live Interactive Doubt Solving Sessions
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15 Hours of Live Master Sessions by Industry Experts
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16 Hours of Self-Paced Learning
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Job-Ready Portfolio of 9 Capstone Projects
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200+ Auto-Graded Assessments
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18+ Industry Case Studies
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88 Guided Hands-On Exercises
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9+ Assignments and Mini Projects
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2 Mock Interviews and 2 Hackathons
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Get 1-Year Gold Membership of Henry Harvin® SAP Trainings (ERP Academy)
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Get a guaranteed Internship with Henry Harvin® and in top MNCs like J.P. Morgan, Accenture & many more via Forage
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Get 3 in 1 Placement support through Placement Drives, Premium access to Job portal & Personalized Job Consulting
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7 Hours of Mentorship by Industry Experts
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Earn Certification of Course from Henry Harvin®, Govt of India recognized & Award-Winning Institute and NSDC Certification

Our Placement Stats

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Average salary hike

2100+

Access the best jobs in industry

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Maximum salary hike

Access the best jobs in the industry

You Get 10-In-1 Program

Two-way Live Training Course

Two-way Live Online Interactive Classroom Sessions

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Certification

Distinguish your profile with global credentials and showcase expertise with our Hallmark Completion certificate

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Projects

Facility to undergo various projects along with the course.

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Guaranteed Internship

Get a guaranteed Internship with Henry Harvin® and in top MNCs like J.P. Morgan, Accenture & many more via Forage.

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Placement

Get 3 in 1 Placement support through Placement Drives, Premium access to Job portal & Personalized Job Consulting

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Student Engagement & Events

Free Access to #AskHenry Hackathons and Competitions & many other facilities from Henry Harvin®

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Masterclass

Access to 52+ Masterclass Sessions for essential soft skill development

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Membership

Get Free Gold Membership of Henry Harvin®

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E-Learning Access

Free access to the E-learning Portal and future updates. Get access to PPTs, Projects, Quizzes, self-paced Video-based learning, a question bank, a library, practice tests, final assessment, a forum, and doubt sessions.

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Entrepreneurship Mentorship

Mentorship from Young Successful Entrepreneurs to set up a sustainable & scalable Business from scratch at both Freelance and entrepreneur levels

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About the SAP MM-FICO Dual Expertise Course

What is a SAP MM-FICO Dual Expertise Course?

At Henry Harvin® the SAP MM-FICO Dual Expertise Course is designed to develop proficiency in both the SAP Materials Management (MM) and Financial Accounting and Controlling (FICO) modules. This course would likely cover advanced topics in both modules, as well as focus on the integration points between MM and FICO. Gain a deep understanding of procurement processes, inventory management, invoice verification (MM), alongside financial accounting, cost management, and financial reporting (FICO). 

Emphasis would be placed on how data flows between MM and FICO modules, configuration settings for seamless integration, and best practices for optimizing business processes across procurement and finance functions within the SAP ERP system

Who Should Attend?

  • Accounting and finance professionals
  • ERP Consultants
  • Business Analysts
  • Supply Chain Professionals
  • SAP consultants and administrators
  • Business analysts
  • Project Managers
  • Anyone who wants to advance their career in SAP

AGOTA™ Framework

Agota™ Framework is a versatile 10-in-1 program that includes various aspects of competency development and career development.

  • Training: 88 Hours of Two-Way Live Online Interactive Sessions
  • Projects: Facility to undergo projects in Accounting, Finance, External Services Management, Inventory Management & more
  • Masterclass: Access to 52+ Masterclass Sessions for essential soft skill development
  • Student Engagement & Events: Access to all student engagement & events throughout the program
  • Membership: 1 Year Gold Membership of Henry Harvin® SAP Trainings (ERP Academy) for SAP MM-FICO Dual Expertise Course
  • E-Learning: Free access to E-learning Portal and future updates. Get access to PPTs, Projects, Quizzes, self-paced Video based learning, question bank, library, practice tests, final assessment, a forum, and doubt sessions.
  • Certification: Get course completion SAP MM-FICO Dual Expertise Course from Henry Harvin® Govt of India recognized & Award-Winning Institute and NSDC 
  • Internship Support: Get a guaranteed Internship with Henry Harvin® and in top MNCs like J.P. Morgan, Accenture & many more via Forage
  • Entrepreneurship Mentorship: Mentorship from Young Successful Entrepreneurs to set up a sustainable & scalable Business from scratch at both Freelance & Entrepreneur level
  • Placement Support: Get 3 in 1 Placement support through Placement Drives, Premium access to the Job portal & Personalized Job Consulting

Trainers at Henry Harvin®

  • Most respected industry experts with 17+ years of working experience and recognized by numerous organizations over the years for their work
  • They have delivered 550+ keynote classes for the SAP MM-FICO Dual Expertise Course
  • Have delivered 650+ lectures and are currently empaneled as domain experts with Henry Harvin® SAP Trainings (ERP Academy)

Alumni Status

Become a part of the Elite SAP Trainings (ERP Academy) of Henry Harvin® and join the 4,60,000+ large Alumni Network Worldwide.

Gold Membership Benefits

  • Avail 1-Year Gold Membership of Henry Harvin® SAP Trainings (ERP Academy) that includes E-Learning Access through recorded Videos, Games, Projects, CPDSPe Studies
  • Access to Masterclass Sessions
  • Earn the Prestigious Henry Harvin®️ Alumni Status and become one of the reputed 3,00,000+ Alumni across the globe.
  • Guaranteed Internship with Henry Harvin®️ or partner firms
  • Weekly 10+ job opportunities offered.
  • Experience Industry Projects during the training

Learning Benefits

  • Access to E-Learning Portal
  • Learn from the latest Industry trend Curriculum
  • Earn globally recognized Certification
  • Gain knowledge about the Release group, Release codes, Release Indicator, Release prerequisite, Release Strategies
  • Learn about the Schema Group, Calculation Schema, Schema Group Vendors, Schema Determination, and more in SAP MM modules
  • Get acquainted with the organization for service categories, number ranges for Service Entry Sheet, and more
  • Get comprehensive tools for managing financial transactions, reporting, and controlling within an organization
  • Understand financial reporting standards such as GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards)
  • Create Physical Inventory Document and list of Inventory Differences with our SAP in MM course
  • Learn about Stock transport Order, Returnable Transport Packaging, Third Party Processing, and more
  • Know extensively about Material Valuation, Split Valuation, Global Categories, and more 
  • Learn the key legal drafting best practices
  • On completion of the course, become eligible for various Job Roles

Recognitions of Henry Harvin® Education

  • Winner of Top Corporate Training Award, Game-Based Learning Company of the Year, 40 under 40 Business World Award.
  • Affiliated with the American Association of EFL, Ministry of Corporate Affairs, MSME, UKAF, UK Cert, Project Management Institute (PMI), and ISO 29990:2010 certified.
  • Reviews: 3425+ Google Reviews, 1100+ YouTube Testimonials with 4.5+ Rating Rated on GoAbroad, Trustpilot, GoOverseas & more.

Know the complete offerings of our SAP MM-FICO Dual Expertise Course

Curriculum For SAP MM-FICO Dual Expertise Course

  • Module 1: SAP Overview

    This module will guide you through a comprehensive understanding of SAP. Learn about the SAPrelated products, various modules in SAP, Enterprise in the SAP R/3 System.

    • Introduction to SAP
    • SAP related products,
    • How SAP help in Business
    • Various Modules in SAP
    • Enterprise in the SAP R/3 System
    • Landscape SAP MM Introduction
  • Module 2: Introduction to ERP

    This Module will guide the Candidate with the knowledge of the basics of the ERP. Learn about the major ERP packages. Gain skills on the use of the Implementation Tools and Types of Projects

    • Need an ERP?
    • Advantages of ERP?
    • Major ERP packages
    • Introduction to SAP?
    • History of SAP
    • Implementation Tools
    • Roles And Responsibilities of a Consultant
    • Types of Projects
  • Module 3: Basic Concepts of SAP MM

    Learn the basics concept of MM in this module. Know comprehensively about the basics of FI SD, basics of SD, basics of WM, and more

    • MM Enterprise Structure
    • Basics of MM
    • FI Enterprise Structure
    • Basics of FI SD
    • Enterprise Structure
    • Basics of SD
    • WM Enterprise Structure
    • Basics of WM
  • Module 4: Master Data

    This module will guide you through the Material Master Record. Learn about the Material master customization and Vendor master record. Know about the Purchase info record and Source list record.

    • Material Master Record
    • Material Master Customization
    • Vendor Master Record
    • Purchase Info Record
    • Source list Record
    • Quota Arrangement Record
    • Batch Management
  • Module 5: Procurement Process

    This module will guide you through the Procurement Process. Understand the procurement cycle and purchase requisition. Learn about the quotation maintenance, price comparison, and creation of outline agreements. Know about Purchase orders for stock, Consumable materials, and external services. Get a comprehensive knowledge about the number ranges of document types and screen layout at the document level.

    • Details Understanding of Procurement Cycle
    • Purchase requisition
    • Creation of Request for quotation
    • Quotation maintenance
    • Price Comparison
    • Creation of Outline Agreements
    • Purchase order for stock
    • Purchase order for consumable materials
    • Purchase order for external services
    • Document Types
    • Define Number Ranges for Document Types
    • Define Screen Layout At Document Level
  • Module 6: Purchase Order Scenarios

    This module will guide you through the purchase order scenarios. Learn about the return PO, free items in PO, preclosure of PO & PR, hold PO, park PO, Freight Vendor, and list of open PO’s

    • Return PO
    • Free items in PO
    • Preclosure of PO & PR
    • Hold PO
    • Park PO
    • Freight Vendor
    • List of Open PO's
  • Module 7: Valuation and Account Determination

    This module will guide the valuation of material, material price change, account determination, FIMM Integration, and more

    • Valuation of material (Standard/Moving AVG Price)
    • Material Price change
    • Account Determination
    • FIMM Integration
  • Module 8: Inventory Management

    This module will guide you through Inventory Management. Learn about the material movement type, material document, accounting document, valuated good receipt & various scenarios. Know about Transfer posting & various scenarios, reservation, and physical inventory

    • Material movement type
    • The material document, Accounting document
    • Valuated Good Receipt & various scenarios
    • Valuated Goods Issue & various scenarios
    • Transfer Posting & various scenarios
    • Reservation
    • Physical Inventory
  • Module 9: Invoice Verification

    This module will guide you through Invoice Verification. Learn how to post vendor invoices. Know the threeway invoice verification and two way invoice verification. Gain Knowledge about Debit/Credit memo, Invoice Verification, subsequent debit & credit, Park Invoice, Block Invoice, release invoice.

    • How to post vendor invoice (LIVLogistics Invoice Verification)
    • Threeway invoice verification
    • Two Way invoice verification
    • Debit/Credit memo
    • Invoice Verification
    • Subsequent Debit
    • Subsequent Credit
    • Invoice for Planned Costs
    • Invoice for Unplanned Costs
    • Park Invoice
    • Block Invoice
    • Release Invoice
  • Module 10: Special Procurement

    This module will guide you through the Special Procurement Process. Learn comprehensively about the Consignment Procurement. Know about the stock transport order, subcontracting, RTP, Service procurement, import, and third party processing.

    • Consignment Procurement
    • Pipeline Procurement
    • Stock Transport Order
    • Subcontracting
    • RTP
    • Service Procurement
    • Import
    • ThirdParty processing
  • Module 11: Stock Transfer

    Learn about various concepts of stock transfer in this module. Gain comprehensive knowledge about One step stock transfer and two step stock transfer.

    • Concept of Stock transfer
    • One Step Stock transfer
    • Two Step Stock transfer
  • Module 12: Release Strategy

    This module will guide you through the Release Strategy in SAP MM. Know various concepts of release procedures and types of the release procedures. Learn to create characteristics and create class to define release procedure

    • Concept of Release Procedure
    • Types of Release Procedure
    • Create Characteristics
    • Create Class
    • Define Release procedure
  • Module 13: PO Pricing

    This module will guide you through the PO pricing procedures. Learn about calculation schema, Condition type, and access sequence

    • Calculation Schema
    • Pricing Procedure
    • Condition Type
    • Access sequence
  • Module 14: Split Valuation

    This module will guide you through various concepts of split valuation. Learn about different valuation types, valuation categories and creation of material

    • Concept of Split Valuation
    • Valuation Types
    • Valuation Categories
    • Creation of Material w.r. to Split valuation
  • Module 15: MRP

    This module will help the candidate to know about the various concepts of MRP such as Plant parameters, MRP group, MRP type, MRP controllers. Know how to create material in MRP views and generate planned orders

    • Concept of MRP
    • Plant Parameters
    • MRP Group
    • MRP Type
    • MRP Controllers
    • Creation of Material in MRP Views
    • Generating Planned Orders / Purchase Requisitions
  • Module 16: Report and Inquiry

    This module will help the candidate to learn about the Report & Inquiry in SAP MM. Know to Run PO, GR, IV Inquiry screens

    • Run Reports
    • Run PO, GR, IV Inquiry Screens
  • Module 17: SAP FI Financial Accounting Basic Settings

    This module will guide the candidate with the knowledge of SAP FI Financial Accounting Basic Settings. Learn about the Creation of Assignment of Company, Company Code, and Business Area. Define various Fiscal Year Variants and posting period variants. Know about the tolerance group and create a Chart of Accounts.

    • Creation and assignment of company and company code
    • Creation of a business area
    • Defining and assigning of fiscal year variant
    • Defining and assigning of posting period variant
    • Defining open and closing posting periods
    • Defining document type & number ranges
    • Maintenance and assignment of field status variants
    • Defining and assignment of tolerance groups of employees
    • Taxes on Sales & Purchases (input & output)
    • Creation of Chart of Accounts
    • Defining Accounts Groups
    • Defining Retained Earnings Account
    • Defining tolerance groups for G/I accounts
    • Realtime Issues
  • Module 18: SAP FI General Ledger Accounting

    This module will guide the candidate with a basic understanding of SAP FI General Ledger Accounting. Learn to create General Ledger Master and learn to master document entry. Define recurring entry document and posting. Know about the Configure of line layouts for the display of GL line items and more

    • Creation of General Ledger Master (with and without reference)
    • Display/Change/Block/Unblock of general ledger
    • Master Document Entry
    • Posting normal postings posting with reference
    • Display and change documents
    • Display of GL balances and Line items
    • Parked documents & hold documents
    • Creation of Sample Document and posting
    • Defining recurring entry document and posting
    • Configuration of line layouts for the display of GL line items
  • Module 19: SAP FI Accounts Payable

    This module will help the candidate with the knowledge of SAP FIAccounts Payable. Create Vandor account groups and assignment of number ranges. Learn to create tolerance groups for vendors and vendor masters. Create Check lots and Maintain the check register. Learn to create an automatic payment program and initiate payment to vendors through App

    • Creation of vendor account groups and assignment of number ranges
    • Creation of tolerance group for venders
    • Creation of vendor master (display/change/block/unblock of vender master)
    • Posting of vendor transactions (invoice posting, payment posting, credit memo)
    • Settings for advance payments to parties (down payment) and clearing of down payment against invoices (special GL transactions)
    • Posting of partial Payment & Residual Payment Creation of payment terms
    • Creation of house banks and account ids
    • Creation of check lots and maintenance of check register
    • Configuration of automatic payment program
    • Payment to vendors through APP
    • Unissued & issued checks cancellation and reversal of issued checks
    • Defining correspondence & party statement of accounts
    • Realtime issues
  • Module 20: SAP FI Accounts receivable

    This module will guide the candidate with a basic understanding of SAP FI Accounts receivable. Create Account groups and tolerance groups for customers. Learn to post customer transactions and configure settings for dunning.

    • Creation of customer account groups and assignment of number ranges
    • Creation of tolerance group for customers
    • Creation of customer master (display/change/block/unblock of vendor master)
    • Posting of customer transactions (sales invoice posting, payment posting, debit memo) Settings for advance payment from parties (down payment)
    • Configuration of settings for dunning
    • Defining correspondence & party statement of accounts
    • Realtime issues
  • Module 21: SAP FI Asset Accounting

    This module will help the candidate with the knowledge of SAP FI Asset Accounting. Learn to define a chart of depreciation, accounting determination, Screen layout. Know the posting rules and integration with the ledger. Create asset master and subasset master. Know comprehensively about post capitalization and write up

    • Defining chart of depreciation
    • Defining account determination, screen layout
    • Number ranges and asset classes
    • Integration with General Ledger & Posting rules
    • Creation of asset master and subasset master (change/display/block/unblock)
    • Defining Depreciation key (base, declining, multilevel, period control methods)
    • Acquisition or purchase of assets, sale of assets Scrapping of assets, Transfer of assets
    • Post Capitalization and write up
    • Depreciation run Line Settle of assets under construction of capital work in progress
    • Realtime issues
  • Module 22: Sap FI Reports

    This module will guide the candidate with the knowledge of SAP FI Reports. Learn about the Financial statement version GL reports. Generate various reports such as Accounts payable reports, Account receivable reports, and more

    • Financial statement version GL Reports
    • Accounts payable reports
    • Accounts receivable reports Assets
    • Realtime issues
  • Module 23: Bank Accounting

    Objective is to create transactions for bank to create House Bank and associate with the company as a whole and subsidiary as well

    • Create bank key
    • Define House bank
    • Global Settings for Electronic Bank Statement
    • Investment management
  • Module 24: SAP CO CONTROLLING Basic settings for controlling

    This module will guide the candidate through the basic setting of Controlling in SAP. Know about Controlling areas and number ranges for controlling areas. Create cost element groups: Primary and Secondary cost elements

    • Defining Controlling Area
    • Defining Number ranges for Controlling Area
    • Maintain Planning Versions
    • Creation of Primary and Secondary Cost Elements
    • Creation of Cost Element Groups
    • Primary cost element categories and secondary cost element categories
    • Realtime issues
  • Module 25: SAP CO Cost Center Accounting

    This module will help the candidate with the basics of SAP CO Cost Center Accounting. Learn about the Cost center Standard Hierarchy. Create a cost centers group. Know how to plan the cost centers and post to cost centers. Execute distribution cycle creation and execution of assessment cycles cost center reports.

    • Creation of Cost Centers and cost center groups
    • Planning for cost Center, posting to cost centers
    • Repost of Costs Creation and Execution of Distribution Cycle Creation and execution of assessment cycles Cost Center reports
    • Real Time Issues
  • Module 26: SAP CO Internal Orders

    This module will help the candidate with the knowledge of SAP CO Internal Orders. Define various order types and create internal orders. Plan of internal orders and post internal order report of variance analysis

    • Defining order types
    • Creation of internal orders
    • Planning of internal orders
    • Postings to internal order Report of Variance analysis
  • Module 27: SAP CO Profit Centre Accounting

    This Module will equip the candidate with the knowledge of SAP CO Profit Center Accounting. Learn the basic settings for Profit Center Accounting. Know about the standard hierarchy and create dummy profit centers. Create profit centers, profit centers groups, revenue cost elements

    Basic Settings for Profit Center Accounting

    • Standard Hierarchy
    • Creation of Dummy Profit Centers
    • Maintaining versions of forprofit centers
    • Creation of profit centers and profit center groups
    • Creation of revenue cost elements
    • Automatic Assignment of Revenue elements for Profit Centers Postings to profit centers, planning and variance report