Introduction of SAP FICO
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Objectives 3. Introduction of SAP FICO 4. SAP FICO 5. Career 6. Job Responsibilities 7. Job Responsibility & Growth 8. About Multisoft 9. Our Partners 10. Thank You
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Introduction Systems Analysis and Program Development (SAP) was founded in June, 1972 and since then, many SAP ERP operations modules has emerged that are designed focusing on various different processes including SAP ERP sales and service, sales and distribution, customer relationship, financial management, business intelligence and more. Let’s get an overview of few of the SAP development modules in this post.
SAP Financial Accounting (FI) SAP Controlling (CO) SAP Sales and Distribution (SD) SAP Production Planning (PP) SAP Materials Management (MM) SAP Quality Management (QM) SAP Human Capital Management (HCM)
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SAP FICO
SAP Financial Accounting (FI) SAP FI module as the term suggests 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. SAP FI incorporates with other SAP modules such as SAP SD, SAP MM, SAP PP, Payroll and more for better work results.
SAP Controlling (CO) SAP CO module is another important SAP modules offered to enterprises. The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. It involves methods to view and organize costs that are required for financial reporting. Controlling module enables one to plan, track, perform and report about costs. Controlling includes managing and configuring master data that covers cost elements, cost centers, profit centers, internal orders, and functional area and so on.
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These are the following area where SAP FICO are in use for long time. • • • • • • • • • •
Organization Structure Financial Accounting Global Settings General Ledger Tax Configuration Accounts Payable Accounts Receivable Bank Accounting Treasure Management Asset Accounting Investment Management
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Career Various SAP Career Paths to Choose From: SAP Business Consultants: They are the executives who understand the business better than the software. They are the faces of the organization that handle 90% of the customer interactions. SAP Functional Consultants: These are the SAP consultants who do the actual customization of the software as per the unique requirements of the organization. SAP FICO, SAP PP, SAP MM, SAP QM, etc all are important SAP functional modules. SAP Technical Consultant: Another description for SAP Technical Consultant would be developer consultant. These Consultants do the required ABAP, JAVA coding, and programming required for the development of the required system SAP Basis Consultants: The responsibility of SAP Basis consultants include SAP software installation, upgrading, application of support packages, patches, and fixes.
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About Multisoft Virtual Academy • Multisoft Virtual Academy is an online training and certification organization that delivers core industry knowledge through its intense and robust training program, globally. • Multisoft Virtual Academy is an online subsidiary of Multisoft Systems that deals into a broad spectrum of learning solutions including Classroom, Corporate and E-learning. • We keep on anticipating what the industry actually wants from their employees and in order to fulfill these expectations, present highly interactive e-learning solutions that go above and beyond them. • With an inception as a small online training firm driven by a group of IT and Management professionals, MVA has now turned out to be a globally acclaimed e-learning platform, imparting 450+ courses.
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