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To start with, SAP FICO could be a exceedingly well known module of AP valuable for overseeing the back segment in trade. In expansion, utilizing SAP FICO in a trade helps companies manage all their budgetary information and create adjust sheets. At the side this, SAP FICO guarantees that businesses are able of making the essential choices for corporate arranging. Over all, the SAP Fico Module includes two zones which are Fund (FI) and Controlling (CO). Underneath are the noteworthy sub-modules of SAP FI and SAP CO.
Submodules of SAP FI
- General Ledger
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Accounts Receivable and Payable (AR / AP)
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Asset Accounting
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Bank Accounting
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Travel Management
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Fund Management
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Legal Consolidation
Submodules of SAP CO
- Cost Element Accounting
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Cost Center Accounting
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Activity-Based-Accounting
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Internal Orders
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Product Cost Controlling
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Profitability Analysis
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Profit Center Accounting
Features of SAP FICO
- Using SAP FICO in business helps centralize a company’s accounting data for financial management.
- It facilitates excellent connectivity with other SAP modules, such as critical decision making.
- It allows users to upload all transactions to the financial accounting module in real time.
- SAP FICO helps process accounts and store these transactions properly.
- It facilitates credit management and allows businesses to automate debt collection.
- SAP FICO ensures that businesses can manage their money across borders.
- Above all, it facilitates simplification of cost planning, monitoring and reporting.
Types of SAP Fico Certifications
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SAP provides a number of certifications for SAP FICO which are given below:
- SAP Certified Application Associate – SAP S4/HANA for financial accounting associates– This FICO certification provides validation that you have the necessary knowledge of SAP S4/HANA especially for financially accounting purposes.
- SAP Certified Application Associate – SAP S4/HANA for Management Accounting Associates – This certification of SAP helps in validating that you have adequate knowledge of the SAP S/4 HANA environment.
- SAP Certified Application Associate – SAP S/4HANA for SAP ERP Financials – This is an ideal certification for skilled professionals with great expertise in the SAP ERP financials who wish to pursue a career in SAP FICO & SAP S/4 HANA.
- SAP Certified Application Associate – Management Accounting (CO) with SAP ERP – Gaining this certification validates that you are skilled and proficient in SAP financial accounting along with SAP ERP 6.0
- SAP Certified Application Associate – Management Accounting (CO) with SAP ERP – This credential of SAP validates that you have appropriate knowledge about management accounting within the SAP ERP 6.0.
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Course Duration & Fees in SAP FICO
SAP FICO is one of the core modules of SAP and learning it can bring you many high paying job opportunities. SAP FICO ensures promising careers and enables organizations to store a complete version of their financial transaction data. Additionally, many global companies use it to create and manage financial reports for analysis and reporting purposes. Thus, creating many high-paying careers in this field.
Many institutes offer SAP FICO training, and enrolling there can help you start a career in the field. The duration and tuition of the SAP FICO course can last around 3 months and range from 30,000 to 100,000 INR. These are training and certification fees which may vary from country to country.
SAP FICO Certification Cost in India
SAP FICO certification cost in India can vary depending on the training provider and certification level. On an average, the cost can range from 25,000 to 75,000 Indian Rupees. Exam Fees SAP certification costs are often separate from training costs, and you may also have to pay an annual maintenance fee to maintain your certification. Additionally, certification costs can vary depending on location, length of the SAP course program, and the level of certification you want to achieve.
SAP FICO Certification Exams & Duration
The cost of the SAP FICO certification course varies from institute to institute. Along with that, the certification period varies from 2 months to 6 months or more. Here is a table that will give you an estimate of the fees and duration of the FICO certification course:
| Certification Courses | Duration (Days) |
Cost (Rs.)* |
| TFIN50 Financial Accounting (FI) 1 | 10 | 110000 |
| TFIN50 Financial Accounting (FI) 2 | 10 | 110000 |
| TFIN20: Management Accounting (CO) 1 | 10 | 60000 to 70000 |
| TFIN20: Management Accounting (CO) 2 | 10 | 60000 to 70000 |
SAP FICO Courses Online Fees
To know in detail about different courses, give a look to this table below here. We have listed the best online SAP FICO courses along with the fees and duration of these courses.
| Course Name Provider | Duration | Fees |
|---|---|---|
| SAP FICO (Finance Controlling ) Simplified- Udemy | 45 hours | INR 8,640 |
| SAP FICO-Electronic Bank Statement(EBS)+LOCKBOX +APP-DMEE- Udemy | 7.26 hours | INR 1,280 |
| SAP FICO For Beginners – A Guide to SAP Financial Accounts- Udemy | 5 hours | INR 8,960 |
| SAP FICO (Best Video Tutorial to Become SAP FICO Consultant)- Udemy | 43 hours | INR 1,280 |
| SAP FICO Training- Gangboard | 30 hours | INR 35,000 |
| SAP FICO Online Training and Certification Course- Besant Technologies | 30 hours | INR 23,000 |
| SAP FICO Training- Zarantech | 75 hours | INR 60,000 |
| SAP FICO Online Training – KITS Online Training | 25 hours | NA |
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SAP FICO Course by Entri
Entri app provides comprehensive online SAP FICO courses designed to equip candidates with the skills and knowledge they need to excel in their careers. It covers everything from the fundamentals to the advanced topics. Entri’s SAP FICO certification validates your skills and knowledge in financial accounting and controlling using SAP software, enhancing your career possibilities in finance and accounting. The features of the course include:
- Live classes
- Recorded sessions
- Mentorship
- Placement assistance
- Practical training
- Certification
SAP Course by Entri: Duration and Fee
Entri is one of the best online platforms, offering comprehensive SAP FICO courses designed to equip candidates with the necessary skills and knowledge to excel in their career. Our courses cover everything from SAP FICO fundamentals to advanced topics like financial statement analysis and management reporting. We use advanced technology and innovative teaching methods to ensure candidates have the best training experience.
With Entri, you can rest assured that you will be well prepared to tackle any challenge in the SAP FICO domain. The duration of the SAP FICO course can last around 3 months. SAP FICO fees range from INR 30,000 to around INR 100,000. The scope is that each course focuses on a different SAP module and the institute’s credibility is linked somewhere to it.
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Conclusion
SAP FICO ensures that businesses can make the necessary choices for business planning. The two parts of the SAP Fico module are Controlling (CO) and Finance (FI). When businesses use SAP FICO solutions, they can withstand changes and obstacles and continue to operate. Additionally, SAP FICO provides users with the ability to manage both aspects of business finances. It makes it easier to link with other SAP modules and make important decisions. It facilitates credit management and allows businesses to automate their debt collection processes. Most importantly, it simplifies planning, tracking, and reporting of expenses. In short, SAP FICO is one of the core modules of SAP and learning it can bring you many high-paying job opportunities.
Frequently Asked Questions
What is a SAP course?
SAP means Systems, Applications, and Products. It is a leading ERP software used by businesses to manage their operations. SAP courses are important as they provide specialized training in using SAP software, which is crucial for many industries.
Can I do an SAP course online?
Yes, Institutes such as Entri App offer many SAP Courses online. You can do these courses by sitting in your comfort and with a very flexible schedule.
What is the benefit of doing a SAP course for my career?
SAP courses can open doors to job opportunities in various industries and roles. They equip you with valuable skills, enhance your resume, and often lead to higher-paying positions.
What is the SAP FICO Course Duration?
The SAP FICO online course duration is about 3 months.
