SAP FI/CO training course

Lesson 1 • Master Data Concepts in SAP

Introduces master data types—G/L accounts, cost centers, vendors, customers—and their reuse across transactions. Accurate master data is the foundation of reliable financial reporting.

Lesson 2 • Organizational Structure in SAP

Defines company code, controlling area, plant, and their hierarchical relationships. Understanding these units is prerequisite to all FI and CO configuration tasks.

Lesson 3 • SAP GUI and Fiori Navigation

Teaches transaction code entry, menu paths, and Fiori launchpad usage. Efficient navigation reduces errors and accelerates task completion throughout the course.

Lesson 1 • Fiscal Year and Posting Period Variants

Defines calendar and non-calendar fiscal year variants and controls open/close posting periods. Correct period management prevents unauthorized backdated postings.

Lesson 2 • Company Code Configuration

Covers creating and editing company codes, assigning country and language settings, and linking to the chart of accounts. This is the primary legal entity in all FI postings.

Lesson 3 • Document Types and Number Ranges

Configures document types that classify FI postings and assigns number ranges to each. Document type control determines which account types are permitted per transaction.

Lesson 4 • Posting Keys and Field Status Groups

Defines posting keys for debit/credit control and field status groups that govern data entry screens. These settings enforce data completeness and accuracy at the line-item level.

Lesson 1 • G/L Reporting and Financial Statements

Runs standard G/L reports including balance display, line-item lists, and financial statement versions. Report output supports period-end review and management decision-making.

Lesson 2 • Manual Journal Entry Processing

Covers FB50 and F-02 transactions for entering, parking, and posting journal entries with document simulation. Students validate entries before posting to maintain audit integrity.

Lesson 3 • Recurring and Accrual Entries

Configures recurring entry programs and accrual/deferral documents for automated period postings. Automation reduces manual effort and ensures consistent period-end accruals.

Lesson 4 • Period-End Closing in G/L

Executes foreign currency revaluation, GR/IR clearing, and balance carryforward for fiscal year close. These steps ensure accurate opening balances for the next fiscal period.

Lesson 1 • AP and AR Period-End Activities

Covers vendor and customer balance confirmations, aging reports, and reconciliation with the G/L. These activities validate sub-ledger accuracy before financial statement preparation.

Lesson 2 • Accounts Payable Invoice Processing

Posts vendor invoices and credit memos using FB60 and MIRO, applying tax codes and cost assignments. Invoice accuracy directly impacts cash flow planning and vendor relationships.

Lesson 3 • Accounts Receivable Invoice and Collections

Posts customer invoices, processes incoming payments, and manages open-item clearing. Effective AR management reduces days sales outstanding and improves liquidity.

Lesson 4 • Vendor and Customer Master Data

Creates business partner master records with company-code and purchasing-organization views for vendors and customers. Accurate master data drives correct payment terms and reconciliation account assignment.

Lesson 1 • Asset Transfers and Retirements

Processes intra-company transfers, intercompany transfers, and asset retirements with and without revenue. Proper retirement posting removes the asset from the balance sheet and records any gain or loss.

Lesson 2 • Depreciation Configuration and Posting

Configures depreciation keys, useful life, and calculation methods, then executes the periodic depreciation run. Accurate depreciation ensures correct profit and loss and balance sheet values.

Lesson 3 • Asset Master Data and Acquisition

Creates asset master records and posts acquisitions via purchase order or direct capitalization. Correct acquisition posting establishes the asset cost basis for depreciation calculation.

Lesson 4 • Asset Accounting Configuration

Sets up chart of depreciation, depreciation areas, and asset classes with G/L account assignments. Configuration determines how asset values flow to the general ledger.

Lesson 1 • Controlling Area Configuration

Creates the controlling area, assigns company codes, and sets fiscal year and currency parameters. The controlling area is the master organizational unit governing all CO transactions.

Lesson 2 • Cost Center Master Data and Hierarchy

Creates cost centers, assigns responsible managers, and builds the standard hierarchy for reporting. A logical hierarchy enables roll-up reporting from individual centers to business segments.

Lesson 3 • Cost Center Planning and Budgeting

Enters cost center plans using KP06 and copies plan versions for scenario analysis. Planning data provides the baseline for variance reporting at period end.

Lesson 4 • Cost Element Accounting

Defines primary and secondary cost elements that classify cost flows within controlling. Cost elements link G/L accounts to CO objects and enable granular cost analysis.

Lesson 1 • Internal Order Master Data and Types

Creates order types, internal order master records, and assigns settlement rules and budgets. Order types control which fields are required and which settlement receivers are permitted.

Lesson 2 • CO-PA Actual Data Flow and Reporting

Configures value flow from SD billing and FI postings into CO-PA and runs profitability reports. Accurate data flow enables margin analysis by product, customer, and region.

Lesson 3 • Actual Postings and Order Settlement

Posts actual costs to internal orders and settles accumulated costs to cost centers, assets, or G/L accounts. Settlement closes the order cost balance and transfers costs to final receivers.

Lesson 4 • Internal Order Planning and Budgeting

Enters cost plans and budgets on internal orders and activates availability control to prevent overruns. Budget monitoring protects capital expenditure limits and triggers alerts on overspend.

Lesson 1 • Cost Object Controlling and WIP

Tracks actual costs on production orders, calculates work-in-process, and performs period-end variance analysis. WIP and variance postings align the CO sub-ledger with the G/L inventory accounts.

Lesson 2 • Management Reporting and KPI Dashboards

Builds report painter and report writer reports and integrates with SAP Analytics Cloud for KPI visualization. Effective dashboards translate transactional data into actionable management insights.

Lesson 3 • Integrated FI and CO Reconciliation

Reconciles FI and CO postings using the reconciliation ledger and identifies cross-company cost flows. Reconciliation ensures that management and statutory reporting present consistent figures.

Lesson 4 • Standard Cost Estimate Execution

Runs material cost estimates, reviews itemization, and releases standard prices to the material master. Released standard costs become the basis for inventory valuation and variance calculation.