SAP FICO ON HANA
Learn More IT Solutions the best SAP FICO on HANA training institute trains you with real time experienced trainers.
Who can learn SAP FICO on HANA?
SAP FICO on HANA is the most important module in SAP. In SAP FICO FI stands for Financial Accounting and CO stands for Controlling. The candidate who is having knowledge of Finance can learn this module. The candidate who is having fair knowledge of accounts can learn SAP FICO and SAP FICO on HANA. Anyone with Finance background like B.Com, M.Com, BBA (Fin), MBA (Fin) and commerce background candidates. This is an advanced module for SAP FICO.
We provides best sap training in Hyderabad in SAP FICO, SAP FICO on HANA and many SAP modules with 100% placement assistance.
What you’ll learn from SAP FICO on HANA ?
- HANA ARCHITECTURE & DEPLOYMENT
- In this you will learn S4 HANA Architecture, Deployment Strategy, Need of Universal Journal and SAP FIORI
- ORGANIZATION STRUCTURE (SELF-LEARNING)
- In this you will learn how to create company, company code, business area
- Learn about profit centers, plant and storage location
- Train you on Sales organization, Purchase organization, Distribution Channel, Sales office and Division sales area
- MASTER RECORDS (SELF-LEARNING)
- Train you on GL Masters, Cost elements, Business partners, Customer master, Vendor masters, Asset Master and Material Master
- GENERAL LEDGER ACCOUNTING
- Learn about Fiscal Year Variant, Posting Period Variant, Field Status Variant
- Concept of Universal Journal, Concept of Leading & Non Leading Ledgers, Ledgers Postings, Document Posting & Analysis and Sample Documents & Reference Documents, Tax on Sale/Purchase.
- NEW ASSET ACCOUNTING
- Organization Structure and its Valuation, Integration with General Ledgers and Technical Clearing Account VS ECC, Asset under Construction, Business Process
- ACCOUNTS RECEIVABLES (O2C)
- Settings for SD, Account Determinations, Sales Order Creation, Delivery to Customers, Sales Invoice in FI, Incoming Payments
- CO-PA (PROFITABILITY ANALYSIS)
- Maintain Characteristics, Maintain Value Fields, Maintain Data Structure, Maintain Operating Concern, Maintain Transfer Structure from FI and MM to COPA, Assign CCS to Value Fields, Maintain Variance PA transfer structure.
- PRODUCT COST PLANNING
- Costing Variant for standard cost estimation, PP Settings required for Product Costing, BOM creation, Mark & Release Cost in Material Master
- SAP S/4HANA WITH THE ACTIVATE METHODOLOGY
- PREPARATION FOR MIGRATION TO SAP S/4HANA
- MIGRATION TO SAP S/4HANA
- Migrating to the Universal Journal, Finalizing Migration and Post Processing Business Partner, Performing Post Migration Activities
- CUSTOMIZING FINANCIALS IN SAP S/4HANA
- Configuring General Ledger Accounting, Migrating to new Asset Accounting, Preparing for Migration of House Bank Accounts, Credit Management
Salient Features to Students:
- Flexible Timings
- Placement assistance
- Real time scenarios
- Highly experienced Trainers
- Regular Assessments to gain practical knowledge
ONLINE
Through Teams,Zoom,GoTo Meeting
CLASS ROOM
Panjagutta, Ameerpet, Hyderabad
CORPORATE
Online or At Client Location
Why Learn More IT for SAP FICO on HANA?
SAP FICO on HANA module is in high demand across several industries. The SAP FICO on HANA training is designed at Learn More IT, the best SAP FICO on HANA training institute in Hyderabad not only for the experienced candidates even freshers can easily learn this course.
FAQS
SAP FICO with SAP HANA, it refers to using the SAP HANA database as the underlying technology for storing and processing financial data in the SAP FICO module. SAP FICO on HANA, financial transactions and data are processed and analyzed in real time, allowing for faster reporting and decision-making.
The FICO module in SAP HANA refers to the integration of the Financial Accounting (FI) and Controlling (CO) modules of SAP ERP with the SAP HANA database. It combines the functionalities of the FI and CO modules with the speed, performance, and real-time analytics capabilities of SAP HANA.
SAP FICO on HANA integrates various modules within the SAP ERP system to enhance financial management and accounting processes. The core modules that are typically integrated with SAP FICO on HANA include:-Financial Accounting (FI), Controlling (CO), Materials Management (MM), Sales and Distribution (SD), Production Planning (PP), Asset Management (AM).
Yes, SAP FICO on HANA has a significant scope that offers various benefits and opportunities for organizations. Aspects of the scope of SAP FICO on HANA:- Real-time Financial Processing, Enhanced Speed and Performance, Advanced Analytics and Reporting, Real-time Insights and Decision-making, Integrated Financial and Non-financial Data, Simplified System Landscape, Scalability and Flexibility.
SAP FICO on HANA is not coding or programming in the traditional sense. It is a combination of two components: the SAP FICO module and the SAP HANA database. SAP FICO on HANA involves configuring and implementing the SAP FICO module, which requires expertise in functional aspects related to financial accounting and controlling processes. SAP HANA is an in-memory database technology.
Proficiency in SAP FICO on HANA requires a combination of skills related to both the SAP FICO module and the SAP HANA database. Skills needed for SAP FICO on HANA:- SAP FICO, SAP HANA, Financial Analysis and Reporting, Integration and Data Management, Business Process Knowledge, Communication and Collaboration.
The main difference between SAP FICO and HANA lies in their respective functionalities and areas of focus within the SAP ecosystem. SAP HANA is an in-memory database technology developed by SAP. It serves as a powerful platform for storing and processing large volumes of data in real time. While SAP FICO focuses on financial processes and management, SAP HANA is a database technology that can be used with various SAP modules, including FICO, to enhance their performance.
In SAP FICO on HANA, three main data types are commonly utilized: operational data, master data, and analytical data.
The SAP FICO course offers several benefits to individuals and organizations. Enhanced Career Opportunities, In-Demand Skill Set, Improved Financial Management, Real-Time Data Processing, Advanced Analytics and Insights, Integration and Data Consistency, Improved Efficiency and Productivity, Stay Updated with Technology.
Completing a SAP FICO on HANA course can open up various job opportunities in the field of finance and accounting, particularly in organizations that utilize SAP ERP systems. Job roles you could pursue after completing the course:- SAP FICO Consultant, Financial Analyst, SAP FICO/HANA Administrator, Financial Controller, SAP FICO Trainer.