SAP Financial Planning and Budgeting Course Overview

SAP Financial Planning and Budgeting Course Overview

The SAP Financial Planning and Budgeting course is a comprehensive program designed to equip learners with the skills required to effectively use SAP's financial software tools for organizational financial management. This course covers various aspects of SAP's Financial Accounting (FI) and Controlling (CO) components, focusing on tasks such as creating and managing organizational structures, maintaining financial transactions, planning, budgeting, and generating financial reports.

Module 1 dives into the SAP FI organizational structure, starting with definitions of key elements like company and company code, and moves onto more specific areas like business and functional areas, credit control, and their respective assignments and configurations.

Module 2 continues with the organizational structure, emphasizing the fiscal year variant, posting periods, field status variants, and document types, which are crucial for maintaining the integrity of financial data and ensuring compliance with accounting standards.

Module 3 introduces the New General Ledger (GL), chart of accounts setup, account groups, and the posting of GL entries, which form the backbone of financial accounting in SAP.

In Module 4, learners will delve into financial reporting, understanding how to extract and interpret financial data for decision-making.

Module 5 is focused on financial controlling and budgeting, where learners will manage controlling areas, create cost elements and centers, and understand the intricacies of profit centers. This module also covers financial budgeting and the analysis of financial reports, ensuring learners can oversee and direct the financial planning processes within an organization.

This course will help learners become proficient in SAP financial modules, enabling them to support financial stability and growth within their enterprises.

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  • Live Online Training (Duration : 48 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

To ensure the most beneficial learning experience in the SAP Financial Planning and Budgeting course, the following prerequisites are recommended for prospective students:


  • Basic understanding of financial concepts and accounting principles.
  • Familiarity with the general ledger, accounts payable, accounts receivable, and financial reporting.
  • Some experience in financial operations or accounting roles is advantageous, although not mandatory.
  • Awareness of the structure and operational dynamics of businesses, including company codes, business areas, and functional areas.
  • Ability to navigate and use computer systems and software efficiently.
  • Willingness to engage with complex software applications and analytical tools.
  • As the course involves working with SAP software, prior exposure to SAP or other ERP systems can be helpful, but newcomers to SAP are also welcome.

These prerequisites are designed to ensure that students have a foundational knowledge base from which to build their understanding of SAP Financial Planning and Budgeting and are not intended to be a barrier to participation. Individuals with a keen interest in learning and a commitment to developing their skills in the SAP financial modules will find this course accessible and rewarding.


Target Audience for SAP Financial Planning and Budgeting

The SAP Financial Planning and Budgeting course is designed for professionals involved in financial operations and strategic management.


  • Financial Analysts
  • SAP Finance/Controlling Consultants
  • Financial Controllers
  • Budget Analysts
  • SAP Application Users
  • Accountants
  • Finance Managers
  • Chief Financial Officers (CFOs)
  • Business Analysts with a focus on finance
  • SAP End Users in the finance department
  • ERP Financials Business Process Owners
  • Financial Planning and Analysis (FP&A) Professionals
  • SAP FI/CO Module Trainers
  • IT Professionals working on SAP implementation projects
  • Project Managers overseeing financial system upgrades or implementations
  • System Analysts and Developers who need to understand the financial business processes
  • Auditors responsible for auditing SAP financial processes


Learning Objectives - What you will Learn in this SAP Financial Planning and Budgeting?

Introduction to Learning Outcomes:

Gain proficiency in SAP Financial Planning and Budgeting with this comprehensive course, covering organizational structures, fiscal management, controlling areas, and financial reporting to enhance your strategic financial skills.

Learning Objectives and Outcomes:

  • Understand the SAP FI organizational structure, including the setup of companies, company codes, business areas, and credit control areas.
  • Manage fiscal year variants and posting periods, ensuring accurate financial periods and reporting timelines.
  • Define and assign variants for open posting periods to company codes, controlling the financial transactions within specific timeframes.
  • Create and maintain the chart of accounts, account groups, and retain earnings accounts crucial for accurate financial reporting in SAP.
  • Acquire skills in configuring and using New General Ledger (New GL) functionalities, including document splitting and ledger definitions.
  • Develop the ability to create and post general ledger entries, facilitating the recording of business transactions in SAP FI.
  • Learn to maintain controlling areas and set up versions for precise cost tracking and profitability analysis.
  • Master cost center planning, including the creation and management of cost centers and cost elements, and posting costs accurately.
  • Gain expertise in financial budgeting and controlling, including order types, number ranges, and planning and posting orders.
  • Analyze financial reports to make informed decisions, ensuring the organization’s financial health and compliance with reporting standards.