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SAP FICO Online Training - SAP FICO Tutorials for Beginners - BigClasses


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توسط Lavanyabc در 02 Feb 2018
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To know more details on SAP FICO click here and call us:- http://bigclasses.com/sap-fico-online-training.html, +91 800 811 4040
What is the Concept of ERP
Why ERP is required
With Enterprise resource planning (ERP) all the available resources of an Organization are utilized in a proper manner to achieve the certain business objective and to get maximum output with minimum input.
Disadvantages of Non- ERP systems:
1.Restricted flow of information with all the departments of the Organization
2.Delay in implementation
3.Delay in Decision making
4.Loss of revenue to the Organization
5.Fall of Good will in the market
6.Maintaining different software at the different departments makes analyzing difficult
7.Chances of the same data presenting in various software which can bring confusion in decision making
SAP FICO – Versions
Current version – ECC – 6, EHP – 6
Older version – R1, R2, R3
Advantages of ERP
Connectivity of the information of different departments of an organization is visible clearly.
Updation of Data is stored instantly to all the departmental softwares.

Job Responsibility as FICO consultant
FI - Organizational Structure
Global Settings or General settings
General Ledger Account
Customer management (Accounts Receivable)
Vendor management (Accounts payable)
Bank accounting
Asset Accounting
CO – Cost Center Accounting
Cost Element Accounting
Internal order
Profit Center
Profitability analysis
Product Costing
Integration - Links FI – CO
Links FI – MM (purchase)
Links FI – SD (sales)
Methodology of this Training

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