SAP FICO HANA training 2024 | Complete SAP FICO Course in One Class | SAP FI HANA

Introduction

This tutorial provides a comprehensive guide to the SAP FICO HANA training course. It is designed for beginners looking to understand and implement the SAP FICO module effectively. The training includes practical applications and best practices to help you grasp the concepts and functionalities of SAP FICO.

Step 1: Understanding the Chart of Accounts

• Familiarize yourself with the concept of the Chart of Accounts (COA).
• Learn how to create and manage account groups within the COA.
• Duration: 2:46:00

Step 2: Setting Up Retained Earnings Account

• Understand the purpose of a retained earnings account.
• Steps to create and configure the retained earnings account.
• Duration: 3:35:06

Step 3: Configuring Posting Period Variants

• Explore how to set up posting period variants in SAP FICO.
• Ensure correct accounting periods are available for transactions.
• Duration: 4:13:50

Step 4: Creating Number Ranges for Document Types

• Learn to create number ranges for different document types.
• Ensure proper tracking and classification of financial documents.
• Duration: 5:03:40

Step 5: Managing Tolerance Groups

• Understand tolerance groups and their significance for employees.
• Steps to create and assign tolerance groups.
• Duration: 5:48:50

Step 6: General Ledger Management

• Dive into the General Ledger (GL) setup.
• Create a personalized layout for the GL.
• Duration: 10:07:00

Step 7: Document Handling Techniques

• Learn how to park and hold documents in SAP FICO.
• Understand the process for document approvals and recurring documents.
• Duration: 11:42:40 to 13:25:00

Step 8: Foreign Currency Postings

• Understand the process for managing foreign currency transactions.
• Steps for calculating and posting foreign currency entries.
• Duration: 14:13:40

Step 9: Interest Calculations and Reversals

• Learn how to perform interest calculations for GL accounts.
• Understand how to reverse transactions when necessary.
• Duration: 16:08:30 to 17:31:48

Step 10: Accounts Payable and Receivable Management

• Explore the Accounts Payable (AP) and Accounts Receivable (AR) modules.
• Setting up house banks, payment terms, and handling purchase returns.
• Duration: 21:13:00 to 27:43:32

Step 11: Automatic Payment Program Setup

• Understand how to set up and configure the Automatic Payment Program (APP).
• Steps to ensure timely payments and manage cash flows effectively.
• Duration: 27:12:35

Practical Tips

• Watch each video twice to reinforce learning.
• Implement steps in your own SAP system to gain hands-on experience.
• Prepare for real-world applications by practicing with sample documents and scenarios.

Conclusion

By following this structured approach to SAP FICO training, you can build a solid foundation in financial accounting and controlling. After completing the tutorial, consider exploring advanced topics or preparing for certification to further enhance your skills.