SAP FICO (Finance & Controlling ) Simplified For Beginners (Udemy.com)

SAP FICO Complete Course (ECC) + Introduction to S/4HANA | Practical & Job-Oriented

Master SAP FICO with Strong ECC Foundation + S/4HANA Transition Understanding

This course is primarily focused on SAP ECC FICO, giving you a strong foundation in Financial Accounting (FI) and Controlling (CO).

In addition, you will also learn key concepts of SAP S/4HANA Finance to understand the future direction of SAP and how consultants transition from ECC to S/4HANA.

SAP solutions are developed by SAP SE and are used by global organizations to manage finance, sales, procurement, and operations.

This course prepares you for real-time working environments — not just theory.

Why Enroll in This Course?

Most SAP courses either focus only on theory or only on basic transactions.

This course gives you:

Strong ECC foundation (FI + CO)
Introduction to S/4HANA changes
End-to-end business process understanding
Practical configuration knowledge
Interview-oriented concepts
Integration with MM & SD
Advanced topics like Lockbox, EBS, IDOC
Real-time business scenarios

You will learn:

• How SAP FICO consultants work

• How end users operate daily

• Business best practices

• Configuration logic

• Accounting impact of transactions

You can kick-start your SAP career confidently after completing this course.

What You Will Learn About S/4HANA

Although this is primarily an ECC course, selected lectures help you understand:

• Key differences between ECC and S/4HANA

• Structural and functional changes

• Finance simplifications

• Universal Journal overview

• Impact on consultants

• Transition from ECC to S/4HANA

This gives you future-ready knowledge.

Practical Learning Support

For hands-on understanding, you will receive:

Practice sheets

Uploadable files
PPT presentations
Theory documents
Real-time scenarios
Interview guidance

Complete Detailed Curriculum

SECTION 1: Introduction to SAP

• What is ERP?

• Advantages of SAP over other ERP systems

• SAP R/3 Landscape

• SAP ASAP Methodology / Roadmap

• Consultant vs End User Roles & Responsibilities

Build strong foundational clarity before configuration begins.

SECTION 2: Enterprise Structure & Basic Configuration

Financial Accounting Basic Settings:

• Define Company

• Define Company Code

• Assign Company to Company Code

• Define Business Area

• Define Fiscal Year Variant

• Assign Fiscal Year Variant

• Create Chart of Accounts

• Define Account Groups

• Define Retained Earnings Account

• Define Posting Period Variant

• Open & Close Posting Period

• Define Document Types & Number Ranges

• Field Status Variants

• Tolerance Groups (GL & Employees)

• Assign Tolerance Groups to Users

This builds strong configuration confidence.

SECTION 3: General Ledger Accounting

• GL Master Creation (With & Without Reference)

• Display / Change / Block GL

• Normal Posting

• Posting with Reference

• Display & Change Documents

• GL Balance Reports

• Line Item Reports

• Park & Hold Documents

• Sample Documents

• Recurring Entries

• Account Assignment Model

• Line Layout Configuration

• Reversal (Single & Mass)

• Reversal of Cleared Items

• Accrual & Deferral Entries

• Exchange Rate Types

• Foreign Currency Posting

You understand accounting logic behind every transaction.

SECTION 4: Accounts Payable (AP)

• Vendor Account Groups

• Number Ranges

• Vendor Master Creation

• Tolerance Groups

• Invoice Posting

• Payment Posting

• Credit Memo

• Down Payment (Special GL)

• Clearing Down Payment

• Partial & Residual Payment

• Terms of Payment

• House Bank & Account ID

• Check Lots & Register

• Check Cancellation

• Purchase Returns

• Automatic Payment Program (APP)

• Payment through APP

• Vendor Correspondence

• Noted Items

Complete vendor life cycle covered.

SECTION 5: Accounts Receivable (AR)

• Customer Account Groups

• Customer Number Ranges

• Customer Master Creation

• Sales Invoice Posting

• Incoming Payment

• Debit Memo

• Down Payment from Customer

• Dunning Configuration

• Dunning Letters

• Sales Returns

• Customer Correspondence

• Noted Items

Complete customer accounting cycle covered.

SECTION 6: Asset Accounting

• Chart of Depreciation

• Assign Chart to Company Code

• Account Determination

• Screen Layout

• Asset Class Number Ranges

• Depreciation Key

• Multilevel Methods

• Period Control Methods

• Asset Master Creation

• Asset Acquisition

• Asset Sale

• Transfer

• Scrapping

• Depreciation Run

• Asset Under Construction Settlement

SECTION 7: New General Ledger

• Parallel Ledgers

• Document Splitting

SECTION 8: Reports

• Financial Statement Version

• GL Reports

• AP Reports

• AR Reports

• Asset Reports

SECTION 9: FI Integration with MM

• Define Plant, Storage Location, Purchase Organization

• Tolerance Groups

• Material Master

• Posting Periods

• Invoice Verification Settings

• Material Type Attributes

• Account Determination (MM-FI)

• Purchase Order

• Goods Receipt

• Invoice Verification

• Goods Issue for Production

SECTION 10: FI Integration with SD