From zero to SAP FICO consultant-ready.
24 modules. Live system access.

Establishes business context before any configuration begins. Freshers who skip this consistently struggle to explain why SAP exists in interviews.

• ERP concepts and the role of SAP in modern enterprises
• SAP S/4HANA architecture and evolution
• Types of SAP projects: implementation, support, rollout, upgrade
• SAP system access, navigation and SAP Fiori
• Core SAP modules: FI, CO, MM, and SD
• Master data, transaction data, and configuration data
• SAP Activate implementation methodology
• System landscape: DEV, QAS, PRD

The first and most critical step in any implementation — every financial posting, report, and control depends on a correctly defined enterprise structure.

• Client concept in SAP
• Company Code as a legal entity
• Business Areas for internal reporting
• Segments for financial reporting
• Company definition at group level
• Assignment of Company Codes to Company

SAP enforces strict financial control through these variants, ensuring postings occur only within approved accounting periods.

• Variant principle in SAP
• Fiscal Year Variant configuration
• Assignment of Company Code to Fiscal Year Variant
• Posting Period Variant configuration and assignment
• Opening and closing posting periods

Every transaction is recorded as an accounting document. These three controls determine how it posts and whether amounts debit or credit.

• Ledger and sub-ledger concepts
• Account types in SAP Finance
• Business transaction categorization
• Document types and number ranges
• Posting keys and their control logic

The General Ledger is the core of SAP Finance. Document splitting ensures accurate reporting by dimensions such as segment or profit center.

• Chart of Accounts
• G/L account groups and number ranges
• Retained Earnings account
• Field Status Variant
• G/L master data creation
• Document splitting configuration

Posting limits and default user-level values keep financial postings accurate, authorized, and consistent with company policy.

• Definition of G/L Tolerance Groups
• Assignment of tolerance groups to user IDs
• Default parameters: Company Code, Controlling Area, Fiscal Year

FI supports external reporting while CO supports internal management reporting — the Controlling Area is the foundation that links the two.

• Controlling Area configuration and Company Code assignment
• Version 0 for planning and actuals
• Profit Center Accounting activation and hierarchy
• Cost Center Accounting concepts and hierarchy
• Cost elements and cost element groups
• Default account assignment for Cost & Profit Centers

Global organizations must comply with multiple accounting standards such as local GAAP and IFRS — SAP handles this through parallel ledgers.

• Currency types in SAP
• Exchange rate concepts
• Leading Ledger functionality
• Non-Leading Ledger configuration and usage

FI and CO must operate together so every financial posting updates management reporting in real time.

• FI–CO integration principles
• Document types relevant to Controlling
• Default values for CO postings
• Ledger assignment for CO versions

Customers and vendors are managed through the unified Business Partner concept — no posting can happen without one in S/4HANA.

• Business Partner concept in S/4HANA
• Customer and Vendor master data
• BP number ranges and groupings
• Customer and Vendor account groups
• Assignment between BP groupings and account groups
• Customer and Vendor tolerance groups

Foreign currency transactions are managed through predefined currency types and exchange rates for accurate valuation.

• Exchange rate types
• Exchange rate maintenance
• Updating rates using OB08
• Updating rates via worklist

Day-to-day financial postings, document handling, and reporting — the core of daily SAP Finance operations.

• G/L postings
• Vendor and Customer invoice postings
• Manual and automatic postings
• Parked and held documents
• Recurring documents
• Line item and balance display
• Document clearing in G/L, AR, and AP

Payment terms and House Banks control how outgoing and incoming payments are processed and when they fall due.

• Payment terms and installment payment terms
• Maintaining payment terms in Business Partner master data
• Net due date calculation
• House Bank concept and bank master data
• House Bank and Bank Account creation via SAP Fiori
• Manual customer and vendor payment postings

High-volume organizations don't pay manually — the Automatic Payment Program (F110) handles customer and vendor payments efficiently.

• Automatic Payment Program concept
• APP configuration using transaction F110
• Payment methods and bank determination
• Payment proposal creation and execution

Advance payments made or received before an invoice is posted require structured handling for accurate accounting and clearing.

• Down payment concept
• Customer down payment processing
• Vendor down payment processing
• Clearing down payments against invoices

Errors can't be deleted in SAP — only corrected through controlled reversal and reset mechanisms that preserve the audit trail.

• Reversal postings
• Mass reversal
• Resetting cleared items

SAP enforces business rules automatically through validations and substitutions, preventing incorrect postings before they happen.

• Validations in FI documents
• Substitutions in FI documents

Dunning automates customer payment reminders for overdue invoices, helping organizations manage receivables and cash collection.

• Dunning procedure configuration
• Automatic dunning execution
• Generating dunning notices

SAP generates formal financial communication — account statements and other correspondence — directly from posted data.

• Correspondence configuration
• Individual correspondence
• Customer and vendor account statements

The FSV defines exactly how the Balance Sheet and Profit & Loss statement are structured and presented out of SAP.

• FSV hierarchy levels
• Assignment of G/L accounts to FSV
• Execution of financial statements

Procurement transactions generate accounting entries automatically — no manual FI posting required.

• MM enterprise structure
• Material posting period control
• Vendor master with purchasing organization
• Valuation class and valuation grouping
• Automatic account determination using OBYC
• Procure-to-Pay accounting flow

Sales activity happens in SD; its financial impact is recorded in FI — billing automatically generates the accounting document.

• SD enterprise structure
• Customer master data with sales organization
• Material master data for SD
• Revenue G/L account determination
• Condition records and pricing procedures
• Order-to-Cash process and accounting documents

Tax must be calculated automatically and accurately to meet statutory requirements — never manually in a real organization.

• Tax calculation procedure
• Tax code creation and base amount maintenance
• Input and output tax G/L accounts
• Document posting with tax codes

Capstone module — month-end and year-end closing requires accurate valuation, controlled postings, and correct reporting, exactly as required on a live project.

• Foreign currency valuation
• Postings in special periods
• Financial Closing Cockpit
• End-to-end closing checklist review