SAP FICO Tutorial – SAP FICO is the Finance and Cost controlling module in SAP ERP whereas name FI stands for Financial Accounting and CO stands for Controlling. SAP FICO (Financial Accounting and Controlling) module can be integrated with all other SAP modules include … CO-FI Reconciliation Customizing. Financial Accounting module helps one to get the real-time financial position of an enterprise in the market. Primary Cost Element. This SAP FI Module is integrated with many parallel modules that enable a company to unify processes that may SAP FI module mainly deals with Fixed asset, accrual, bank, cash journal, inventory, and tax accounting , General ledger,Accounts receivable/accounts payable AR/AP, Fast close functions,Financial … Passing score of SAP FI certification is 60% for respective exam code. SAP FI certification consist of 80 multiple choice questions which you need to complete is 180 minutes of time. You can also generate P&L accounts according to a Profit Center and also generate balance sheets, however a Profit Center should only be used for internal reporting purpose. This topics and tutorials given for beginners. In SAP Cost Allocation process, cost element plays the key role since costs flow from FI direct postings to related cost objects in Controlling.As we know, in Controlling there are two kinds of cost elements. The main aim of creating a Profit Center in SAP CO is to analyze the cost of a product line or a business unit. I am thinking about getting eAcademy and then certification for SAP Fi and then CO. CBTs 200+ Sim Fies SAP FICO Course Curriculum: A. SAP Financial Accounting (FI) SAP Financial Accounting (FI) is an important core module where in live-time, the financial processing transactions are all captured to provide the basis via which data is drawn for external reporting. It is one of the very important and widely implemented modules in SAP. SAP FI incorporates with other SAP modules such as SAP SD, SAP MM, SAP PP, Payroll, and more for better work results. SAP FI-CO Functional Consultant Roles & Responsibilities Facilitate the implementation and support of SAP Financials (focus on FICO Controlling – Cost Center Accounting, Profit Center Accounting, Product Costing, Profitability Analysis, Project System, Results Analysis, Unsettled Costs, Month End Close, Overhead assessment and settlement.) You can use the Real-Time integration to transfer cross-company code or cross-functional area postings made in CO that are relevant to FI and to automatically create reconciliation postings in FI. This SAP CO-PC end user training guide offers an overview of the concepts and principles of standard costing implemented in SAP. Organizational Structure Level for Product Costing Master Data from Controlling and Logistics Areas Overhead Costs (Costing Sheets) Cost Component Structure Costing Sequence Product Costing Integration with MM and SD Modules … SAP has released exams C_TFIN52_67 based on latest version of SAP ERP. Components of Financial Accounting (FI) 1. Being directly associated with G/L, it is linking FI and CO via FI direct posting to related cost objects (cost center, internal order, CO … SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP Controlling (CO) SAP CO module is another important SAP modules offered to enterprises. Also refer about SAP FI tables & tcodes. The customizing of the Real Time Integration will determine when the FI document will be created from CO lines. SAP FI-CO Videos 65 Hours 01.Certification Material 17 Ebooks 02.SAP Press Ebooks 11 Ebooks 03.Configuration Documents 22 PDFs 04.BBPs 3 Docs 05.T-Codes With Explanations 3 PDFs 06.Interview Questions 72 Pages 07.Other Material 14 PDFs 08. Cost Element Structure. I have worked as Junior Functional Consultant in Oracle 11i in 2004 and then moving to traditional Finance role. Practical and helpful SAP FI related Stuff to assist those supporting the SAP Financial Accounting Modules. There are also sample questions and answers, interview questions, faq, importable tables on the SAP FICO module. Learn SAP FICO Module for free of cost. Recently I got SAP Fi End User training and I have been obsessed with ERP for a long time as SAP always fascinated me. SAP Financial Accounting is one of the important module in SAP software. SAP FICO module is very robust and covers almost all business process encountered in various industries. Here you will get SAP FI tutorials and PDF training materials to download. If you have any SAP Financial Accounting and Controlling question, please feel free to raise it in the SAP FI/CO Forum.