Implement SAP FICO for efficient management of finance and accounts


Posted April 25, 2017 by jaymicrosoft

SAP FICO online training. The Multisoft Virtual Academy is engaged in providing this online training to the aspirants.

 
Noida, 25 April 2017

SAP FICO is a very robust SAP ERP module where FI stands for Financial Accounting and CO stands for Controlling. The SAP FICO module covers almost all finance and accounts related business process. The professionals who wish to understand this module and build a career here can go for SAP FICO online training. The Multisoft Virtual Academy is engaged in providing this online training to the aspirants. This training will be beneficial for professionals who aspire to learn SAP FICO and implement it in practice. Those who are looking for a job as SAP FICO consultant, this training is going to be the best for them.

The main use of the FICO module is to analyze the financial conditions of a company in the market. It is basically the combination of two different modules, FI and CO. The different components of these modules are:
Components of FI

• General Ledger Accounting
• Accounts Receivable and Accounts Payable
• Fixed Asset Accounting

Components of CO

• Cost Element Accounting
• Cost Controlling
• Cost Center Accounting
• Internal Orders
• Activity Based Costing
• Product Cost Controlling
• Profitability Analysis
• Profit Center Accounting

It is a very stressful and complex job to manage the entire financial accounting of an organization. Therefore, SAP FI module is implemented that helps organizations in handling financial needs and accounting activities in a smooth manner. Some of the advantages of implementing SAP in an organization are:

• It helps in keeping a track of costs and assign them to appropriate departments
• Avail activity based costing across processes
• Manage product costing, production costs and variances
• Reports and graphs can be prepared very easily
• Provides fast, reliable and relevant data to meet the external reporting tasks
• Enables quicker management decisions

Why to Choose Multisoft Virtual Academy?

The easy compatibility of SAP FICO makes it a preferred option over other financial softwares. This has increased the demand for training in order to learn the efficient use of this software. However, there are certain factors that keep Multisoft Virtual Academy ahead of the other FICO training institutes which are summed up as:

• It helps to get a better understanding of the SAP FICO module
• This training course is designed by the experts who have vast domain knowledge.
• The course content is very easy to understand and grasp.
• The training course is available 24/7 and the candidates can learn as per their own schedule

The topics covered in online SAP FICO training provided by Multisoft includes:

• SAP overview
• Overview of Full Cycle and All Functional Modules
• Introduction to FICO
• General Settings
• ASAP Methodologies
• R3 System
• Enterprise Structure
• SAP Finance

To learn more about this training, please visit:

http://multisoftvirtualacademy.com/erp/sap-fico-online-training
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Contact Email [email protected]
Issued By Multisoft Virtual Academy
Website http://multisoftvirtualacademy.com/erp/sap-fico-online-training
Phone 8130666209
Business Address Noida
Country India
Categories Business , Education
Last Updated April 25, 2017