We are maxonlinetraining.com we are one of the leading sapfico and other it courses online trainers, we are leading in our industry join with us and make a change in your carrier. The business and economy is now much driven by information technology. The technology has overcome various processes and human involvement has restricted to the level of development of system flow, incorporating monitoring mechanisms and thereby ensuring its compliance. It is now necessary for professionals in general and accounting and finance professionals in particular to enhance their knowledge and skills in the area of information technology which is directly and indirectly adding value to their tasks. There are various tools that can help accounting professionals to bring effective corporate governance and transparency in day-today financial transactions, however, selection of application is depending on the size of the business need. Well, there are some universally accepted applications are catering all level of business needs of small to mega large enterprises. One of these tools is SAP which is greatly accepted to ensure best practices with all possibility to customize according to tailor-made requirements while also meeting global benchmarks. The organizations, so far not adopted Enterprise Resource Planning (ERP), are now seriously considering to adopt one of ERP tools. Those organizations which are already adopted ERP in any shape are trying to bring continuous improvement to ensure its integration with various business models.
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Benefits of SAP • Largest and most widely used business application ERP solution; • Small, medium and large company solutions; • Comprehensive functionalities covering all business areas; • Comprehensive education; • One of the globally most in-demand profession; • SAP Consultants are one of the best remunerated professionals; and • Better value for money; Course Objective • Develop concepts, capabilities and benefits of SAP FICO; • Develop the baseline knowledge SAP product suite; • Explain the terminology used by SAP; and • Develop understanding of SAP business solutions; Course Contents SAP Introduction (3 days) Overview about SAP and the SAP products and solutions Navigation Basic concepts Business processes in the SAP Business Suite, including SAP ERP (Enterprise Resource Planning), SAP Customer Relationship Management, SAP Supply Chain Management, SAP Supplier Relationship Management, SAP Product Lifecycle Management
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SAP Functional Modules SAP Solutions for Small and Midsize Companies SAP BusinessObjects SAP NetWeaver SAP Services Financial Accounting– FI (1 day) Organizational units, master data and documents for Financial Accounting: company code, fiscal year, currencies, general ledger accounts, customer and vendor master records, profit center, document control, postings, clearing open items, cash journal Creating Invoices Handling of payments Dunning and correspondence Period end closing operations in Financial Accounting: Organizational units in Asset Accounting Asset transactions Special G/L transactions and document parking Reports in Financial Accounting Management Accounting– CO (1 day) Organization Units and Master Data of Overhead Management (Cost Elements, Cost Centers, Activity Types, statistical Key Figures, Internal Orders) Cost Center structure Cost Elements, Activity Types, Statistical Key Figures, Internal Orders Planning of Costs, Activities and Prices cost Estimate Cost Object Controlling Profit Center-Planning (in new general ledger) Data Structures of Profitability Accounting Derivation of Profitability Segments
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SAP FINANCE & CONTROLS: A BRIEF INTRODUCTION & OUTLINE In today’s world of innovation through Information Technology, SAP is truly a dynamic package by which one can integrate, diversify, and streamline their work-processes with multi-dimensional compatibility.
SAP – “Systems, Applications, and Products in Data Processing” – was founded in 1972 with its headquarters in Walldorf, Germany. For those who are in the Finance/Accounting Profession who wish to delve into a creative and interactive scenario by which they can apply their hands-on experience & expertise to another level of fantastic intellectual stimulation, SAP FI/CO Implementation & Configuration is truly the ultimate. Their expertise will render them to very swiftly master its technical configuration – for the concepts are all part of every Finance/Accounting Professional’s innate thought-process – and - the SAP modules follow a thorough schematic pattern by which all functionalities & technicalities are logically laid-out.
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. This SAP FI Module is integrated with many parallel modules that enable a company to unify processes that may have needed the utilization of many software packages.
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Other Modules of SAP that commonly find a role of integration with FI are (but not limited to) Material Management (MM), Sales & Distribution (SD), Human Resources (HR), Product Planning (PP), Controlling (CO), etc. Amongst these CO – Controlling is another major focus for those coming from the Finance/Accounting/Auditing/Budgeting and Financial Reporting/Analysis Backgrounds/Professions.
SAP FI: There are many sub-modules that streamline and specialize in each aspect of the Financial Accounting Processes: AA – Asset Accounting AP – Accounts Payable AR – Accounts Receivable BL – Bank Accounting FM – Funds Management GL – General Ledger Accounting LC – Legal Consolidations
SL – Special Purpose Ledger TM – Travel Management Out of the above, FI-AR, FI-AP, & FI-AA are the three sub-modules that send
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