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SAP FI (Financial Accounting)

Instructor Led Training

  • COURSE BRIEF
  • What is SAP FI?

Duration

5 Weeks

Course Description

Module

Codes

Number of Days

e-Learning

Learning Hub

1 Year

VLC

TFIN50

10 Days

VLC

TFIN52

10 Days

Certification

C_TFIN52_66

1 Attempt

Eligibility

Any Graduate or Post Graduate having minimum 6 months of experience in Finance domain. CA and ICWA students also apply

Batch Timings

Monday to Friday, 09:30 AM to 06:30 PM

Syllabus (in brief)

  • E- Learning ( Self Study)
  • Financial Accounting's role in the business
  • Organizational levels used in Financial Accounting
  • Financial Accounting's components like general Ledger, accounts payable, accounts receivable, fixed asset accounting, preparation of financial statements.
  • Execute basic financial reports.
  • Special G/L transactions and document parking
  • Overview of month and year-end accounting processes in Financial Accounting Balance sheet and P&L.
  • Implement various business processes and periodic tasks in Asset Accounting, manage master data and configure Asset Accounting
  • Integrated Case study
  • Certification

FI stands for Financial Accounting, is the core module where all the financial processing transactions are captured. This is the module that is used to create statutory Financials Statements for external reporting purposes.

 

Functions in SAP FI can primarily be divided into General Ledger Accounting (G/L), Accounts Receivable and Accounts Payable (AR/AP) processing, and Fixed Asset Accounting (AA).

 

It deals in managing financial transactions within enterprises. This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system. This module functions very well for reporting requirements. The SAP FI module is very flexible and is functions well in any type of economic situation. Be it a smaller organization or a larger organization, SAP implementation helps in consolidating data for diverse business transactions and legal requirements. Financial Accounting module helps one to get real-time financial position of an enterprise in the market.