SAP FI Training and Certification Courses

SAP FI Certification Training Course Overview

Enterprises today are constantly evolving to drive innovation through various SAP tools and solutions. Irrespective of whether you are an individual professional or an enterprise looking to transform themselves with the latest SAP tools, then this SAP FI (Financial Accounting) certification training is critical for a proper understanding of financial requirements in an organization. The SAP FI is one of the critical modules of the overall SAP ERP, where participants will learn about Accounts Payable, Accounts Receivable, General Ledger Accounting, Managing Master Data, and Configuring Asset Accounting. In general, the knowledge gained through the SAP FI certification training is to analyze the financial status of an enterprise in the market. Check out the dates below for the SAP FI course to enrol today.

SAP FI Training and Certification Courses (Duration : 160 Hours) Download Course Contents

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Course Modules

Module 1: Basic of Customizing for Financial Accounting
  • organizational units
  • master data
  • document control,
  • postings,
Module 2: Handling of payments, dunning, correspondence and closing operations in Financial Accounting
  • Automatic Payment Processing with clearing of open items
  • Automatic Dunning Processing for creating dunning notices
  • Correspondence
  • Overview of month and year-end accounting processes in Financial Accounting
  • Balance sheet and profit and loss statement
  • Preparatory closing postings in sub ledgers and the general ledger
  • Technical organizational and documentary steps in individual closing
  • Financial Closing Cockpit
  • Configuration of periodic closing in Financial Accounting
Module 3: Organizational structures, master data, and business processes in Asset Accounting:
  • Chart of depreciation, depreciation area, asset classes, master data, asset transactions, valuation, periodic processing, information system
Module 4: Reporting in Financial Accounting
  • Information system and ABAP reports of general ledger accounting, accounts receivable accounting, and accounts payable accounting, report variants, selection variables in variants, List Viewer, sample evaluations using the drilldown reporting tool
  • Special G/L transactions and document parking
  • Validations and substitutions in Financial Accounting
  • Asset Accounting (New)
  • Archiving in Financial Accounting
  • Review and certification preparation
  • ertification examination for Certified Application Associate - Financial Accounting with SAP ERP 6 with Enhancement Package 7 on the content of the courses TERP01_15 TERP20_15 TFIN50_15 SM001E_10 TFIN52_15
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Course Prerequisites

 

  • Basic knowledge of Finance and Accounting knowledge
  • However, it would be beneficial and not mandatory if the participants have a minimum of 1-3 years of work experience in the Finance and Accounting domain
  • As this is a combination of two modules in TFIN50 and TFIN52, it is essential for participants to have knowledge of :
  • TERP01, which provides an introduction to SAP ERP and SAP NetWeaver
  • TERP20, which provides knowledge on Financial and Accounting basics
  • TFIN50 Financial Accounting knowledge
 

SAP Financial Accounting (SAP FI) Training

Today, SAP is one of the most widely-used enterprise software to manage business-critical processes across industry sectors globally. Moreover, the SAP tools are spread across various departments that include Enterprise Resource Planning, Automation, Supply Chain Planning, Financial Management, Supplier Relationship Management, Human Resource Management, Customer Relationship Management, and more. With widespread coverage of SAP tools and systems, enterprises can train their workforce in any of the SAP tools to get the hang of the technology. The SAP FI certification training provides knowledge on how to capture financial processing transactions and the data used for external reporting.
 
This SAP FI (Financial Accounting) certification training is ideal for professionals with knowledge of finance and accounting or with 1-3 years of experience in the same. Students who have qualifications of CA/ B.com/ MBA PGDM in Finance/ ICWAI/ PG in Finance & Accounting with some experience can take up this SAP FI course to progress in their careers. Participants taking part in this SAP FI training course will receive a copy of the course material and participation certificate from an Accredited SAP Training Partner.
 

Reasons to choose SAP FI Certification from Koenig Solutions

  • Industry-recognized SAP FI certification training delivered through instructor-led classroom, live online, on-site, and 1-on-1 modes
  • Get key SAP FI course collaterals and pre-reading materials to prepare for your actual training
  • This SAP FI certification training course will be delivered for professionals and enterprise teams by an accredited SAP training partner 
  • Expert SAP FICO instructors and exclusive resources from both SAP and Koenig Solutions
  • You can take up this 160 Hour SAP FI in time slots of 8 hours/ day and 4 hours/ day options
  • Group participants and enterprises can customize this SAP FI certification training according to their business requirements 
  • Co-participate with other Finance and Accounting professionals from across the globe and understand who they are using SAP FI for their finance-related day-to-day activities
 

Key Features

  • Instructor-led SAP FI Certification Training
  • Get access to an SAP FI course preview for free to begin your preparation
  • Expert SAP instructors across the globe
  • Accredited SAP FI course material prepared by SMEs
  • Get key SAP FI resources from SAP and Koenig Solutions 
  • SAP FI sample papers to get the hang of the certification exam
  • Industry-recognized SAP FI Course Completion certificate provided
  • Take advantage of the 1-on-1 Training and Fly me a Trainer option
  • SAP FI Training provided across 100+ locations globally
 

SAP FI Certification Training Target Audience

Job roles that can take up SAP FI training include, but are not limited to:
  • Finance and Accounting Professionals
  • Finance Consultants
  • Students who are pursuing Post Graduate, Under Graduate, Graduate, MBA Finance, ICWAI, and B.com degrees
  • Aspiring SAP FI (Financial Accounting) Professionals
  • Aspiring SAP CO (Controlling) Professionals
  • Professionals who are looking to clear their SAP FI certification exam
 

Learning Objectives

  • Participants who take part in the SAP Financial Accounting (SAP FI) training will learn:
  • Basics of Financial Accounting which include accounts payable, accounts receivable, and general ledger accounting
  • How to manage master data, document control, configuring asset accounting, and postings
  • Handling of payments both automatic and correspondence options
  • Year-end accounting processes in financial accounting
  • Unique general ledger transactions and document parking
  • Configuring and using new asset accounting
  • Validations, substitution, and archiving in financial accounting, and more
 

SAP FI Exam Format 

Certification Name: SAP FI Certification Exam 
Exam Format: Multiple Choice
Total Questions: 80 Questions
Passing Score: 60%
Exam Duration:3 Hours (180 Minutes)
Languages: English
Testing Center: Pearson Vue
 

Skills Measured/SAP FI Examination Weights

  • General Ledger Accounting – 12%
  • Accounts Payable – 12%
  • Asset Accounting – 12%
  • Reporting – 8 to 12%
  • Accounts Receivable 8 to 12%
  • Financial Closing – 8 to 12%
  • SAP Financial Basics – 8 to 12% 

Benefits of getting an SAP FI Certification Credential

  1. Demonstrate your expertise and skills in the latest trends of the financial and accounting domain with SAP FI certification training
  2. Achieve a global standard in the field of Finance and Accounting through SAP FICO training
  3. Gain a thorough understanding of the SAP ERP tool to properly manage financial activities in your organization
  4. Understand system integration to the minutest of details through SAP FI certification training
  5. Wear your SAP FI digital badge through to grow in your career, which gives you better job opportunities 
  6. Be part of the exclusive SAP community with SAP FI credential to be part of business-critical projects where there is increasing implementation of advanced analytics for financial services
  7. Embark on a career that is the most sought-after SAP module in SAP FI, which is increasingly becoming the norm across industry sectors
  8. SAP FI certified professionals today are in great demand and earn anywhere in the range of USD 88,000 to USD 120,000 per annum in the US
  9. With SAP FI certification, enterprises can perform real-time financial processing that leads to quicker decision-making
  10. With SAP FI training, enterprises will adhere to global accounting standards, best practices, and government regulations worldwide
 

SAP FI Certification Process

  • Participants who wish to become SAP FI certified professional should follow the below steps:
  • Select a  schedule of your choice for your SAP FI certification training along with the training delivery mode
  • Receive SAP FI pre-reading materials from Koenig Solutions to prepare for the training
  • Attend the instructor-led SAP FI certification training over the course of 1 month, where 160 hours of training will be delivered.
  • Prepare for your SAP FI certification exam by taking up as many sample questions to gain a thorough understanding of the exam format
  • Take up and clear your official SAP FI certification exam from Pearson Vue test centers
  • Clear your SAP FI certification exam on your first attempt to become an SAP FICO consultant to grow exponentially in your career
 

Salary Prospects of an SAP FI certified Professional

Today, businesses are spending a lot of time and resources on financial management activities. In this regard, enterprises started using SAP tools, especially SAP ERP, which has various subcategories in SAP FI, which helps seamless financial management of an enterprise across various industry domains. With the widespread adoption of SAP software, there is an increasing demand for skilled professionals with relevant SAP credentials, and SAP FI is one such credential that acts as a stand-out factor while hiring for finance-related job roles. Let’s check out the salaries of SAP FI/SAP FICO consultants worldwide.
 
United States: USD 88,000 to USD 120,000
United Kingdom: Pounds 44,000 to 65,000
India: Rupees 4 lakhs to 16 lakhs 
Australia: AUD 49,000 to 143,000 
UAE: AED 155,000 to 400,000
Singapore: SGD 73,000 to 97,000
 

Job Prospects for SAP FI Certified Professionals

Organizations across industry sectors have implemented SAP ERP to a great extent; considering the widespread adoption, there is a great demand for certified SAP FI professionals globally. Some of the top companies that are hiring SAP FI certified professionals include TCS, TriOpz, HPC America, Xpower, Kaizen Technologies, Deloitte, ITResonance, Hitachi Vantara, IBM, Denken Solutions, Costco Wholesale, and many more.
Do check out your local job listings and job portals to find out relevant SAP FI jobs in your region.
 

FAQ's

Yes, fee excludes local taxes.

FI stands for Financial Accounting. SAP FI helps in recording, collecting and processing various financial transactions in real time. It also enables you to extract data for external reporting.

SAP FI certification demonstrates an individual’s skills in the field of SAP Financial Accounting that includes domains such as Accounting, Funds Management, Travel Management and management of Special Purpose Ledger.

SAP FI module is responsible for keeping a check on the flow of financial data across the organization and controlling it whenever necessary. It also collates all the information derived in order to take appropriate and effective decisions.

The functions of SAP FI include:

  • Designing an organizational structure
  • Setting up Financial Accounting
  • Handling General Ledger Accounting
  • Configuring tax
  • Creating and maintaining House of Banks
  • Enabling Account Payables and Account Receivables
  • Handling Asset Accounting

A SAP FI consultant performs the following duties:

  • Designing, customizing, configuring and testing SAP FI modules based on business needs
  • Dealing with consultants handling other modules such as MM, PM, PP and PS
  • Identifying improvement opportunities in systems
  • Facilitating workshops to identify business requirements
  • Documenting results
  • Assisting the technical team by communicating business functions

The average salary upon completing the SAP FI course is $90,000 per year, as per a survey conducted by PayScale.

SAP FI sub modules include:

  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Bank Accounting
  • Asset Accounting
  • Special Purpose Ledger
  • Lease Accounting
  • Travel Management
  • Shared Services Center
  • Consolidation
Yes, SAP FI certification is worth it in today’s time and will stay relevant for the future as well. Individuals will gain a lot of benefits by just getting the certification once, but also maintaining the same over a period of years will give a necessary impetus for your career growth as well. And SAP FICO (Financial Accounting and Controlling) is one the most sought-after credentials by employers globally across various industry domains. As finance is the backbone of any enterprise, it is critical for them to integrate business-critical systems with SAP software suite to gain maximum mileage out of SAP implementation. Moreover, SAP FI certified professionals are in great demand due to the increased adoption of SAP software across departments, and there is a dearth of skilled workforce to fill the gap. Hence, taking up SAP FI certification training will not only land you jobs across industries but, you will also be highly-paid professionals.
There are 3 levels of SAP Certification training courses available
  • Associate Level: This Associate-level SAP certification courses are ideal for beginners and consultants who require fundamental knowledge of SAP software systems
  • Professional Level: The Professional-level SAP certification courses are ideal for professionals with work experience in implementing SAP and having a proper understanding of respective SAP solutions
  • Master Level: This is an expert-level SAP course that is ideal for professionals who demonstrate their expertise across SAP portfolio in an enterprise with customization and optimization of IT solutions in complex project environments
 
Participants who enrol for SAP FI certification training will get:
  • A copy of the SAP FI course material
  • SAP FI Sample Papers
  • Access to SAP and Koenig Solution SAP FI resources
  • A course completion certificate from an Accredited SAP Training Center
 

Yes, Koenig Solutions is an Accredited SAP Training Partner to deliver all of their certification training courses worldwide.

Yes, Koenig Solutions is an Accredited SAP Training Partner to deliver all of their certification training courses worldwide.

You can take up this SAP FI certification training course in multiple delivery modes that include:
  • Instructor-led classroom training
  • Instructor-led Live online Training
  • 1-on-1 Training
  • Fly-me-a-Trainer
  • Corporate/on-site Training
 
  • All Associate-level SAP certification exam cost is 350 Pounds
  • All Professional-Level SAP certification exam cost is 430 Pounds
 
Yes, the course includes the SAP FI examination fee as well. The SAP FI exam can be taken at Pearson Vue test centers near your location.
Your SAP FI certification is valid for life. But if there is a version change or a revision for particular certification credentials, then one needs to take sit for the latest certification exam to keep their credentials valid and current.