Duration : 250Hrs
Qualification : Plus two,B Com, CA, CMA
ISAP Financial Accounting as the term suggests upgrades finance management in enterprises. Finance is the most critical part of every business and this aims at the perfect management of finance. It becomes stressful and complex to manage the entire financial accounting part by man-power. Therefore, SAP FI module has emerged as a popular module successfully implemented in organizations. SAP financial accounting module comes with a package that helps organizations in handling financial needs and accounting activities. It allows one to review the financial status of an organization in real time market.
SAP CO is another important module in SAP. SAP controlling includes SAP CO configuration and SAP CO user and consists of master data, configuration and reporting. Master data mentioned here can be cost elements, cost centers, profit centers, internal orders, functional area, statistical key figures and activity types. Cost elements include all the cost and revenue accounts, cost centers and profit centers include all the departmental units that handle cost and profit of an enterprise, internal orders include all the important events and so on. SAP CO implementation allows one to view the data of costs involved within internal management. This module helps you get a better view of finance reporting and helps you manage records and take various decisions related to the organization. Also, this module enables organizations to manage reporting and information database as per the requirement for their business.
Professionals need to have a complete overview of SAP FICO in order to become a successful FICO consultant. Financial Accounting and Controlling is inter-related and helps one to manage a better business process towards better finance accounting and data management. SAP implementation is complex and requires adequate training. Though it is not mandatory to take up SAP FI consultant training and SAP CO consultant training, it is widely recommended by experts to attend SAP FICO training to enhance one’s understanding and build expert hands on using SAP FICO module towards better management of finance accounting and reporting in enterprises.