Learn the Fundamentals of SAP FI with Our Comprehensive Course

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SAP FI Course Overview


SAP FI (Financial Accounting) is an important core module in SAP, used for external reporting and is one of the most popularly used modules. With our SAP FI course, you will gain a thorough understanding of the fundamental principles of SAP FI and SAP ECC.
The SAP FI course covers the following topics:
- Introduction to the SAP System
- Enterprise Structure in SAP
- Chart of Accounts in SAP
- Financial Document Types and Number Ranges
- Document Posting with General Ledger
- Document Posting with Purchasing and Sales
- Intercompany Transactions
- Reports in SAP Financials
- Integration with Other SAP Modules
In this SAP FI course, you will learn how to create a company code, defining essential financial settings, configuring document types and posting entries in the system. You’ll also learn how to run necessary reports such as Profit and Loss Statements, Balance Sheets, Bank Statement.
By the end of this course, you will be able to effectively use the financial accounting module of SAP ECC and build a strong foundation for your SAP career.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

You will learn:

Module 1: Basic of Customizing for Financial Accounting
  • organizational units
  • master data
  • document control,
  • postings,
  • 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
  • Chart of depreciation, depreciation area, asset classes, master data, asset transactions, valuation, periodic processing, information system
  • 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
Live Online Training (Duration : 160 Hours) 8300 + If you accept merging of other students. Per Participant
We Offer :
  • 1-on-1 Public - Select your own start date. Other students can be merged.
  • 1-on-1 Private - Select your own start date. You will be the only student in the class.

4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

1-On-1 Training is Guaranteed to Run (GTR)
Group Training
Date On Request
Can’t Attend Live Online? Click to Buy Flexi For Only $219 (Video Recording of Live Online)
Course Prerequisites

The prerequisites for SAP FI Training are basic knowledge of financial concepts. Users should have a general understanding of asset and accrual accounting processes and the ability to work with computer applications. A familiarity with the SAP User Interface is recommended, although not mandatory. SAP FI Training is most beneficial for finance professionals, account managers, and finance users.

Target Audience


The target audience for SAP FI (Financial Accounting) training includes individuals that work in or are pursuing a career in accounting and finance
This includes budget analysts, bookkeepers, corporate accountants, controllers, finance officers, and all other professionals involved in financial accounting processes, including those working in the private, public, and nonprofit sectors
This training course is also ideal for non-accountants and individuals looking to gain an understanding of financial accounting fundamentals and the use of SAP FI software
SAP FI courseware can provide a comprehensive overview of financial accounting and business operations, transforming course participants into knowledgeable professionals
This training is also suitable for finance professionals wishing to gain an understanding of the IT tools available to organize financial information, allowing them to confidently use SAP software for optimization

Learning Objectives of SAP FI


1. Understand the structural hierarchy of an FI system landscape and important concepts such as document types and field status groups.
2. Gain an understanding of core functions such as G/L account balancing, posting logic and document structure.
3. Discover different types of master data such as company codes, chart of accounts, cost centers and internal orders.
4. Learn how to design and create special general ledger ledgers, profit centres and cost centres.
5. Understand the setup and configuration of automated accounting and document postings in-line with organizational requirements.
6. Configure Automatic Payment Program, Dunning and Lockbox processes.
7. Become well-versed in localizations and compliance with financial standards such as GAAP or IFRS.
8. Acquire the skills to administer, monitor, support and troubleshoot SAP FI.
9. Explore the skills required to develop integrated solutions in SAP systems, with a special focus on FI integrations.
10. Differentiate between the underlying concepts applicable to Accounts Payable, Accounts Receivable and Bank Accounting.

Student Feedback  (Check Koenig Feedback on Trustpilot)

Q1 Say something about the Trainer? Q2 How is Koenig different from other training Companies? Q3 Will you come back to Koenig for training ?
Student Name Feedback
Abu
United States
A1. Yes, she was very clear & a strong mastery of both English & Azure platforms hence following was easy. She was also patient and was answering every question asked, she also shared material & tips on how to pass the exam, Well done, and keep it up.
Nick Barker
United States
A1. Calm and understanding, she not only kept the course running well but also took time to help those with lots of questions. Very well done.
Robin Johnson
United States
A2. Individual attention during training, excellent customer service and coordination. Neha has been ever so helpful and is definitely an asset to Koenig.
Shivani Prasad
United States
A1. The trainer was great and his teaching methods were incredible. He used different teaching methods to ensure I was learning well. A fun trainer with lots of patience and understanding.
Adam
United States
A1. The trainer was very knowledgeable and well prepared about the presentation/training subject, with a positive attitude towards students and making every effort in answering questions during the training session. Top-notch service!
Suresh
United States
A1. Exceptional... recommend to everyone!
Shyam Vaddakapett
United States
A1. My trainer, Mohit Kakkar was excellent as he focused on hands-on assignments to supplement the concepts of AZ 900. The training coordinator Jasmeet as well as the ops manager Sheshadri are also very professional and customer-centric. I recommend Koenig for training courses, and I will take some more courses with them soon.
Gilles Chirlias
United States
A1. Chavi was a great teacher, I have learned a lot from her. I would like to have her for the next training, which would be the AZ 301 and AZ 500.
Abdulrahman Saad Alshahrani
United States
A1. Excellent trainer. I will take another course with him someday. He deserves a good appreciation from his Manager.
Anonymous
United States
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FAQ's

The Fee includes:
  • Official courseware
No, it is not included.
Yes, Koenig follows a BYOL(Bring Your Own Laptop) policy.
Yes, we do.
Yes, course requiring practical include hands-on labs.
1-on-1 Public - Select your start date. Other students can be merged.
1-on-1 Private - Select your start date. You will be the only student in the class.
Yes, you can pay from the course page and flexi page.
You can request a refund if you do not wish to enroll in the course.
Yes.
Yes, Koenig Solutions is a SAP Learning Partner
Yes of course. 100% refund if training not upto your satisfaction.
You will receive the digital certificate post training completion via learning enhancement tool after registration.
It is recommended but not mandatory. Being acquainted with the basic course material will enable you and the trainer to move at a desired pace during classes.You can access courseware for most vendors.
Buy-Now. Pay-Later option is available using credit card in USA and India only.
Yes, if we have an office in your city.
Yes, we do offer corporate training More details
Yes, we also offer weekend classes.
Yes you can.
Yes, we do. For details go to flexi
You can buy online from the page by clicking on "Buy Now". You can view alternate payment method on payment options page.
You can pay through debit/credit card or bank wire transfer.
Yes, we do.
Yes you can request your customer experience manager for the same.
Credit card transactions normally take 48 hours to settle. Approval is given right away; however,it takes 48 hours for the money to be moved.
We do accept all major credit cards from Visa, Mastercard, American Express, and Discover.
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Yes, we do accept partial payments, you may use one payment method for part of the transaction and another payment method for other parts of the transaction.
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After you submit your payment, you will land on the payment confirmation screen.It contains your payment confirmation message. You will likewise get a confirmation email after your transaction is submitted.
No, the published fee includes all applicable taxes.
Schedule for Group Training is decided by Koenig. Schedule for 1-on-1 is decided by you.
In 1-on-1 you can select your own schedule, other students can be merged but you select the schedule. Choose 1-on-1 if published schedule do not meet your requirement. If you also want a private session, opt for 1-on-1 Public.

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.

Prices & Payments

Yes of course.
Yes, We are

Travel and Visa

Yes we do after your registration for course.

Food and Beverages

Yes.

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“It is an interesting story and dates back half a century. My father started a manufacturing business in India in the 1960's for import substitute electromechanical components such as microswitches. German and Japanese goods were held in high esteem so he named his company Essen Deinki (Essen is a well known industrial town in Germany and Deinki is Japanese for electric company). His products were very good quality and the fact that they sounded German and Japanese also helped. He did quite well. In 1970s he branched out into electronic products and again looked for a German name. This time he chose Koenig, and Koenig Electronics was born. In 1990s after graduating from college I was looking for a name for my company and Koenig Solutions sounded just right. Initially we had marketed under the brand of Digital Equipment Corporation but DEC went out of business and we switched to the Koenig name. Koenig is difficult to pronounce and marketeers said it is not a good choice for a B2C brand. But it has proven lucky for us.” – Says Rohit Aggarwal (Founder and CEO - Koenig Solutions)
All our trainers are fluent in English . Majority of our customers are from outside India and our trainers speak in a neutral accent which is easily understandable by students from all nationalities. Our money back guarantee also stands for accent of the trainer.
Medical services in India are at par with the world and are a fraction of costs in Europe and USA. A number of our students have scheduled cosmetic, dental and ocular procedures during their stay in India. We can provide advice about this, on request.
Yes, if you send 4 participants, we can offer an exclusive training for them which can be started from Any Date™ suitable for you.