A company is an organizational unit which represents a business organization according to commercial law requirements in a particular country. It is the smallest unit for which financial statements are created according to the relevant legal requirements in an organisation. A company can include one or more company codes.
The company code is the smallest unit of external accounting for which a complete, self-contained set of accounts can be created. This is used to structure the business organization from a financial accounting perspective.
The following are the application areas where validation and substitution used:
GL – Special Purpose Ledger
Career Focused –The online IT training courses match the tasks, assignments or projects you perform for employers on the job guaranteeing that the new skills you gain after training are immediately relevant to your career or employer.
Financial Statement Version is a reporting tool used to extract final accounts from SAP like Profit and Loss Account and Balance Sheet. The output of various external agencies will be generated by multiples FSV.
Internal order is used to track the cost, and they are proposed to be incurred on a short term basis: The asset class is the main class to classify assets. Each and every asset must be assigned to only one asset class. For example, asset class also contains a G1 account, when any asset is procured, the G1 account will be procured.
The asset class is the main class to classify assets. Each and every asset must be assigned to only one asset class. For example, asset class also contains G1 account, when any asset is procured, G1 account will be procured.
Posting period in fiscal year posting is a period for which the transaction figures will be updated. It is mainly used to control the accounting period for posting and ensures that the closed periods remain balanced.
In SAP FI, chart of accounts indicates the list of GL accounts that are used to meet the daily needs. The master chart of account must be assigned to each company code and it is divided into the following types, namely:
Operating Chart of Accounts – Contains all GL accounts that are used to meet the daily needs in a company. This has to be assigned to company code.
Country Chart of Accounts – Contains all general ledger accounts to meet country legal requirements and you can assign company chart of accounts to company code.
SAP FICO is the pillar of SAP as this is an excellent application for finance related function and is one of the most popular products. This application automatically translates into a good and steady requirement for FICO professionals.
For a person just starting his or her career, the learning curve will be steep and one should grasp as much as possible and focus should be on knowledge-building in the different scenarios and transactional flows.
SAP FICO stands for Financial Accounting, and Costing is the highest paid salary with excellent growth rate. Many companies are looking for certified SAP FICO Professionals. But it is not that easy to get a job in SAP FICO as the competition is very high. The job of SAP FICO consultant symbolizes one of the most lucrative career paths in the market today.
As the market is growing, more and more industries are implementing SAP systems. In next five years, there will be a huge demand in the financial perspective. There are very few certified SAP FICO Consultants with the complete subject knowledge in the market.
No, FI is a complex and critical module where the system needs to fulfill business, statutory, legal and mandatory requirements. You have to put lot efforts to understand the terminologies and Financial Accounting.
SAP FICO is one of the modules which deals with finance related solutions of an organization. Most of the companies from different sectors such as Automobile, Oil and Gas, Consumer Products, Engineering, Construction, Operations, Healthcare, Industrial Machinery and Components, Telecommunications, Chemicals, Utility, Government Sector and so on.
The average SAP Consultant in the United States earns approximately $82K annually. The range in cash compensation to SAP Consultants ($55K to $164K) includes potential earnings of $20K each from bonuses and profit sharing in exceptional cases. The most influential factor affecting pay for this group is career length, though the specific employer and location have a (lesser) impact as well. Generally, women make up less than a third of all SAP Consultants who answered the questionnnaire. Medical benefits are awarded to most, and more than half earn dental coverage. Job satisfaction for SAP Consultants is high.
SAP consultants analyze, design, and configure new computer software and systems in accordance with their employers’ or clients’ specifications, as well as write programs such as forms, specifications, and interfaces. They also test new interfaces to ensure that system workflows are optimized and interact with end-users to make changes as requested and obtain feedback.
Those in this position must be patient and flexible, as end-users regularly revise system requirements. They also perform data transfers from non-SAP systems to SAP and customize clients’ and employers’ systems in accordance with their system requirements. They generally test for all system errors to ensure total system integration, and they generally work under senior SAP consultants. Flexibility is important, as they may be required to travel or relocate to other places within or outside of the United States. Some may be responsible for training, coaching, and mentoring new or junior SAP consultants. All SAP consultants should constantly improve and update their technological skills by attending various workshops and classes at local colleges or universities and reading relevant journals.
A bachelor’s degree in computer science, engineering, or a related field and relevant work experience are generally required for this position; however, some employers may accept candidates with a wealth of experience as computer software professionals in place of the degree requirement. Excellent oral and written communication skills, presentation skills, and the ability to work well in team environments are also important. SAP Consultant Tasks
Design, build, test and deploy SAP technical solutions.
Plan, deliver and supervise system configuration and documentation tasks.
Solve complex business problems in the areas of finance, operations, human capital, customer, and governance, risk and compliance, using SAP technologies.
Known for taking on a considerable number of SAP Consultants, Accenture, SAP America, Inc., International Business Machines (IBM) Corp., InfoSys Limited, and Computer Sciences Corporation (CSC) are leading firms in the industry. Clarkston Consulting attracts talent by shelling out the biggest paychecks in the area — the median in that office is $141K. SAP America, Inc., Cognizant Technology Solutions Corp, and HCL America, Inc. are a few other companies that offer generous salaries, with SAP Consultants earning around $120K, $103K, or $102K at each firm, respectively.
IBM Global Services lags the field greatly in terms of pay, offering a median salary less than half of the top paying company’s rate ($68K). A few other companies with smaller-than-average paychecks include International Business Machines (IBM) Corp. ($72K), SAP ($72K), and Accenture Technology Solutions ($78K).
SAP Consultants with a rich background of experience are typically rewarded with larger paychecks. People who have worked for fewer than five years earn around $72K, and folks with five to 10 years of experience see a modestly higher median of $93K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $121K. SAP Consultants who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $162K.
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Answer – Home to some of the best pay for SAP Consultants, San Jose offers exceptional salaries, 27 percent above the national average. SAP Consultants can also look forward to large paychecks in cities like Irvine (+27 percent), Tampa (+25 percent), San Francisco (+19 percent), and Los Angeles (+8 percent). Cincinnati is the lowest-paying area, 18 percent south of the national average. Not at the bottom but still paying below the median are employers in Miami and Parsippany (14 percent lower and 11 percent lower, respectively).
Instructor Led Live Training (ILLT) – In this mode students attend the Live online sessions as per the training schedule. Assignments and course materials access is provided using the LMS system. Students can also view the videos of the past sessions and post questions using the LMS system. Students can ask trainers question live during the session or offline using the LMS system. 24×7 access to Support is available.
Instructor Led Video Training (ILVT) – In this mode students do not attend Live online sessions but learn from the Session video recordings. Assignments and course materials access is provided using the LMS system. Students can post questions offline for trainers using the LMS system. 24×7 access to Support is available.
Self-Paced Video Training (SPVT) – Self-paced video training program is designed to learn at your own pace. Students are given a access to the LMS system and learn thru pre-recorded session videos. They access the assignments and materials thru the LMS system. 24×7 access to Support is available.
Full Interactivity – Two-way voice over internet and web-conferencing tool. This tool enables participants to ask questions and collaborate with each other in an online virtual space and enables the online trainer to answer questions, take simulations, and receive answers instantaneously. Every trainee can view the trainers desktop and vice versa.
Cost Savings and Convenience – Courses can be completed from home, the office, or wherever the Internet is accessible. There is no need to travel to a specific location to attend a training program. Less overhead cost for the company and the savings is passed on to the trainees. Shorter course schedules mean that projects don’t have to be put on hold while participants train (for corporations).
Never Miss a Session – With online training, you can receive archived video recorded sessions to all enrollees and the streaming video recording links are posted on the Training blog after each session. Participants may view these sessions to review sessions post-class or make up a missed class as needed. Accesses to Video Recordings are available after the training end thus making it easy for you to review after training ends.
Location Independent – You may join for an online instructor-led course from any part of the world without having to travel. Trainees can attend from USA, Canada, New Zealand, UK, Australia, India and many other countries around the world.
Affordable – Classroom sessions are expensive. You pay for Hotel, Food, Travel plus Course Fees. All those overhead costs quickly add up to more than 5,000 dollars. Online training programs costs less and is a fraction of that cost of classroom training.
Best Trainers – If you are taking a Classroom training, you are restricted to take the training from the best instructors available in that area only. This is Not the case in Online training setup. We hire and work with Best trainers throughout the world with the power of internet.
Career Focused –The online IT training courses match the tasks, assignments or projects you perform for employers on the job guaranteeing that the new skills you gain after training are immediately relevant to your career or employer.
Shorter Sessions – By providing shorter session duration and then providing assignments, gives the trainees time to understand the concepts and practice from the assignments and be prepared for the next session. Online training sessions are each 2-3 hrs long and only cover 10hrs per week. Classes are scheduled 2-3 days apart giving you time to practice.
All Instructors from ZaranTech are working professionals from leading organizations who have minimum of 8 years of real-time consulting experience working on live projects and good subject knowledge. They have minimum 3+ years of experience in training. Most of our trainers are Certified professionals as well and help the students to get certified.
Once the session is complete, all the session videos will be uploaded on the blog. You can access the missed session videos on the blog. The videos recordings and access to the training blog is available to you for 6 months. The materials access thru Google drive repository is available to you for lifetime.
After the session is complete, all the session videos are uploaded for you to view using the blog. You can access the blog from any device (laptop, tablets, mobile phone) connected to internet and watch the videos.
In ILLT, you have an option to attend the live classes of other trainers. But, this has to be informed to the respective co-ordinators before completing three live sessions.
In case of ILVT and SPVT, you have an option to access other trainer’s videos on raising request to the co-ordinators and support team. But the access to the previously shared videos will be restricted.
Once you have enrolled to the training program, our support team will send an email to your registered Email ID. The video link in an e-mail explains how to login to the training blog and access the training program and content. This takes less than 2-3 hrs.
We will help you to setup Virtual Machine in your System with local access. The detailed installation guides will be provided for setting up the environment. In case your system doesn’t meet the prerequisites e.g. 4GB RAM, you will be provided remote access to the Server for the practicals. For any doubt, the 24*7 support team will promptly assist you.
Most of our courses are designed to get you a job first and are also geared for you to get certified. After the course completion, your trainer will provide all details about the certification you can appear for the qualifications of each. We also provide you with Certification faqs and dumps from past certification exams. Our trainers help each and every student in getting them certified.
We cannot share the trainers Linkedin profile but we surely can send you a screenshot of it. This is because the trainer don’t want to be contacted through inmail as they themselves are Sr. consultants/Solution architects at reputed firms and keep very busy with work. This is something we are telling from our past experience. Rest assured, please know that the experience of the trainers are what they say. You can also attend a Live Demo webinar with the trainer and ask any question to them and get a clarity on trainer’s experience and subject knowledge.
We are a training and certification company which provides excellent online, classroom and self-paced training programs. After our training is finished, this is what we provide,
Resume Assistance – We help you with preparing a very good and presentable Resume using your past experience and the Real project based Case studies. We also help you how to represent your resume and answer project based questions, module based technical questions, and behavioral questions. After you are done with this process, you will be very confident with representing you resume
Interview preparation Assistance – We provide you mock interview videos, Interview faqs and project based documents. We then guide you step by step to take an interview and clear it
Certification Assistance – We provide you with Certification dumps from past certifications, and a step-by-step guide and resources to appear for the Certification
After all these are completed, we work with you and the 50+ sister consulting companies we are aligned with to get you a job interview.
It is not a good idea to get marketed by multiple consulting companies at the same. It might take serious impact on candidature, due to duplicate resume submission by different consulting companies to same client. Some times resume might go on hold.
Because of above-mentioned reasons, it is always better to work with one staffing company at one time.
Once you have completed your training we will assign a staffing company for your assistance.Escalate to us immediately, If you feel the assigned Sister consulting company is not doing justice. Then, we will assign another Sister consulting company with in 24 hours.
We provide Placement Assistance. We are training and certification company and after training provides Certification guidance, Resume, and Interview preparation assistance. We also work with many sister consulting firms in the USA who help in provide placements. See the videos below to learn more,
We only place our own students. If you have already taken the training somewhere else then we cannot help you with placement. We have more than 150 students per month that we train here, so we are very busy with our own student placements. Also, we follow certain standards in our training program and are very comfortable placing our own trained students because of the training structure we follow and the course we cover and the trainer we have. Our training follows a Role based approach.
Unfortunately, We do not provide such services. We are a leading training firm and we train you and get you better in that skill chosen by you. We will share frequently asked interview questions to you. We assist you in preparing yourself with the help of Mock Interviews to understand how to take up an interview call but we do not take (proxy interview) interviews on your behalf. We will make sure you will face interviews as experienced consultant with confidence by providing best role-based training. We will make sure that you don’t require a proxy interview.
We will share sample resumes for reference and we will guide you to prepare best professional looking resume. But we will not draft your resume due to legal restrictions. It is your resume and whatever you submit as your resume, we will market the same. Interviewer picks the questions from your resume only. You will answer all the interviewer’s questions with confidence, If you put your efforts to prepare resume. We have plenty of sample resumes. Hardly it will take less than a minute to send modified resume to you. But trust me you will find difficulty by searching answers in interview because of that resume.
Sure, you can have preferences though we prefer you keep it open. Relocation really opens up the prospects and helps us place you faster. Recruiters/Sister consulting firms shows much interest if you are flexible to relocate anywhere in USA. But people do have preferences, we do understand that.
For a best candidate, location Preferences is not a big hurdle. Candidate can expect more interview calls if he/she market themselves, than a candidate who is depending on only one recruiter or one Sister consulting company. Here we are not trying to ignore you after the training. We will guide how to get more interview calls by marketing yourself. Whoever uploads the resume in job portals will not get interview calls for everyone. It is an art to get attracted by recruiters and get more interview calls. We will help you to that skill.
Since we are a Consulting company, we make money when you do get placed by us so we prefer that you get placed as early as possible. But normally we start our marketing and placement process during your “After the training” Phase.
Sooner you are prepared, better for both parties. We will give you deadlines to accomplish goals and our placement team will actively work with you from there-on. Placements can be quick considering the job market situation.
We do not offer any job guarantees. But we surely do offer certification guarantee if you attend your classes regularly, complete all quizzes and assignments and Case Study/Project at the end. No Company can ever guarantee a job. We can assist, not guarantee jobs. We do our best to get the good number of interview calls through our 50+ sister consulting companies we work with. But we do require your efforts for the same. We can guarantee that.
The idea is very simple – Get better at concepts and with our resume and interview assistance, clear an interview and get a job. There is no shortcut then this.
Job Market is good at the moment, there are ample job opportunities that awaits you, however more the job opportunities, higher the competition.
With Regards to Pay, It all depends on client, location, job market and number of Layers involved in your payroll. The pay might vary from $50-55k per annum for BA and $60-65K for Java/Informatics/Hadoop/Salesforce/SAP Consultant. But if we get a better rate, we surely pay better too.
Our Idea is to get you started on a job. We advise you take up the first job offered, wet your feet, get some experience and then can demand whatever rate later.
It is quite a challenge for us to get First Project for you, hence we suggest you focus towards working hard and aiming for the first project instead of worrying about the pay.
The course fees you pay is for learning the concepts of the course we provide so you can get better and get certified and clear your interviews.
We work with 50+ Sister consulting companies. Escalate to us immediately, If you feel the assigned Sister consulting company is not doing justice. Then, we will assign another Sister consulting company in 24 hours. You will always have an opportunity to work with another sister consulting company, if you don’t like them regarding resume marketing.
Here we don’t ignore you after the training. If you are interested, we will guide how to get more interview calls by marketing yourself. Whoever uploads the resume in job portals will not get interview calls for everyone. It is an art to get attracted by recruiters and get more interview calls. We will help you to get that skills.
Well it’s always a give and take. We do our best to get interviews and you must work towards it. In job market there are huge requirements for various positions/job-roles, but we need to send candidates who are thoroughly prepared to face the interviews.
Try to be flexible regarding location and salary rates at least for first project. So that you can expect good number of interviews early.
We only market our own trainees and we are busy in marketing them .There is a certain way we work, our placement team will process you through the Resume Process, Mock Interviews/Interview preparation, Resume Marketing. For us to understand you better and your job requirements. We suggest you to enrolling/registering our training program and go through us to get marketed.
First of all we DON’T suggest or advise anyone to fake their resumes. Since we provide Role-based training, you will be provided with Real-time project based Assignments and Case Studies. This will help you understand about your roles and responsibilities in an actual project scenario. Most of our students use this as experience and update same on their resume as a project; In addition to that our candidates are provided with various other real-time project based case studies.
Post their BA Training, while re-drafting the resume, we suggest the candidates to stress on BA skills learnt out of their previous work experience as a QA. This will help focus on the BA skills to secure a BA job more easily.It is a challenge for us place a fresher.
No, we don’t charge for it. Even you don’t need to pay to our sister consulting companies who assist you with Resume preparation assistance, Interview Preparation assistance and lastly Placement.
Video Explanation – Resume preparation Assistance
Yes. We do work with TN Visa holder who are living in USA. We will work with students who has valid work permit in USA and who are living in USA. But we do not provide services to get TN VISA (Immigration support). As of now, we only have clients in USA and don’t provide services in Mexico/Canada.
If you get placed through our sister consulting companies, we will provide on the job support. If you get placed on your own, we don’t. It is up to the trainer whether he wants to give you the support or not. If he wants then, he will charge for that separately.
Most of the USA companies consider only your USA experience. But it may vary. If the company needs to close the position soon or the skill has much demand in the job market, then they only check how strong you are in subject.
Once you are done with your training, we will assist you in all the best possible ways to get you Interview calls. We assist in Resume Assistance, mock interviews/Interview preparation etc. Once you get through Interview faqs, then we market your resume. If you cooperate with our vendor and flexible regarding location and rates, then there are high chances to get placed maximum in 2-3 months.
As per our company policy we do not offer the option of payment after placement because you are paying for the services of training and certification learning and not for placement services. After the training process which involves resume preparation assistance, interview preparation assistance and placement services through our sister consulting companies are offered to you as a free service.
However you may approach several other institutes online that offer this option, if you are looking for one. We would be more than happy to help you If you need a quality training.
We do our best to our trainees who ever reaching us for placement assistance. Trainees they themselves get placed and market themselves during the training itself. Most of the trainees will not give chance to us to market them. Because they don’t want to sign a contract and work on ratio basis.
But 100% we provide placement assistance to the trainees who reach us.
We don’t have any direct clients. Because we are not into core consulting services. We work with consulting companies for placement assistance. We are tie up with 50+ consulting companies. They will market your resume to their clients.
We don’t have liberty to share our sister concern company names, unless until you enroll with us at least for a video training. After completing the training we will assign a consulting company for assistance.
LAVANYA - TRAINER FOR SAP FICO:
Have about 13 years of business experience, which includes more than 9 years of experience in SAP FICO.
Experience includes business processes mapping, customization, BBP, configuration, data migration and support.
As a FICO Consultant worked with Pharma, FMCG, Manufacturing, Automobile clients.
Specialization in Controlling (Product Cost Collectors, Sales order costing, CoPA).
Have 4.5+ yrs of experience into online training – trained students from US, UK, Germany, Dubai and India.
Worked on Simple Finance.
Specialization in Banking
SAP FICO Training done right
I am very happy with SAP FICO training. Zarantech has exceeded my training expectation. The training program is brilliant, very detailed & has many real time examples. The session videos, assessments, assignment & case studies are very helpful. The trainer is very knowledgeable. Zarantech is one of the best’s institutes which provides high-quality training & highly recommended. Read More
Completed SAP FICO training
I recently completed SAP FICO training with Zarantech. The video is very detailed. It contained many real time examples which helped me to understand the concept very easily. The quality of the course is really excellent & it matched my expectations. Read More
SAP FICO training with real-time examples
Very recently I successfully completed my SAP FICO training with Zarantech and I wish to share the amazing training experience with them. During the training, the Trainer had given real time examples which helped us understand the concept better. They also have recorded sessions available round the clock and I can refer to it anytime. Read More
Structured SAP FICO training
Completed SAP FICO training recently. I like the way how the training program is structured. The real world examples, course material & the assignments helped me to understand the concept very easily. I was able to crack the interview too. I strongly recommend Zarantech for anyone who is looking for SAP FICO training. Read More
Here is my feedback for SAP FICO training. My overall experience from inquiring the course until the completion was excellent. The sessions videos are a great source of information which is accessible 24/7. This training has helped me to enhance my technical skills to a greater extent. Read More
Took SAP FICO training with Trainer . He is a ocean of knowledge. Haven’t seen such trainers in this training field. Love attending his online session and he is calm and help everyone in the session to understand the topics.
SAP is one of the biggest players in the enterprise software application industry which is aimed at superior enterprise resource planning. SAP is the abbreviation for Systems, Applications, and Products in Data Processing. SAP Finance and Controlling (FICO) is one of the most broadly used SAP modules. SAP FICO module includes SAP FICO configuration, SAP CO configuration, SAP FI user and SAP CO user. Taking up a SAP FICO certification is the first step towards beginning a career as a SAP FICO consultant. The different parts of the SAP FI and SAP CO modules are essential to building the skill sets of a SAP FICO consultant or professional.
After the completion of SAP FICO course, you will be able to:
Learn the basic concepts and fundamentals of Finance and Controlling modules
Learn about General Ledger, Accounts Payable, Bank Accounting and Funds Management and its application in finance analysis
Learn about Business Process and how FICO Module work in R/3
Apply Implementation Training and Integration with other Modules
Apply Real-time Training with End to End Implementation Process
Candidates do not require any specific requirements to take up this course except a basic background in information technology.
This certification is highly suitable for a broad range of professionals either aspiring to, or already are in the IT and Finance domain, such as:
Analytics professionals, professionals desirous of excelling in the fields of accounting and finance
IT developers and testers
BI and reporting professionals
Professionals aspiring for a career in growing and demanding fields of real-time big data analytics
Prepare for Certification!
Our training and certification program gives you a solid understanding of the key topics covered by Foundation and Advanced Level Certification exams. This is aimed at students who have recently completed, and experienced professionals to enhance their practical knowledge in SAP FICO modules. In addition to boosting your income potential, getting certified, demonstrates your knowledge and the skills, understanding of the fundamentals of SAP FICO along with processes, tools, techniques, and management methodology. The certification validates your ability to produce reliable, high-quality results with increased efficiency and consistency.
How will I perform the practical sessions in Online training?
For online training, ZaranTech provides a virtual environment that helps in accessing each other’s system. The complete course material in pdf format, reference materials, course code is provided to trainees. ZaranTech conductes online sessions through any of the available requirements like Skype, WebEx, GOTOMeeting, Webinar, etc.
CASE STUDY # 1 – “Implementation of SAP FICO software”
Implementing Company’s software in co ordination with SAP FICO:
In this Case study FICO had been using a simple in-house license manager to protect new installations of the FICO score, but as new implementations quickly spread around the world, they decided they needed a more sophisticated system for managing the licenses they sold worldwide. A major challenge with the product installations was that the typical end-customer has no direct Internet connectivity from the systems where the application is running, and IT resources were limited due to a full workload and other high priority projects. Implementing Company’s software into the FICO score software provided a relatively straightforward process requiring a minimal time commitment from IT, a secure licensing procedure and a periodic process for transferring data back to FICO in a quick and easy fashion for analysis.
1. Creation of Company’s General Ledger.
2. Creation of Company’s 3 Sub-ledger – Accounts Payable, Accounts Receivable and Asset Accounting.
3. Creating of Company’s Controlling module.
4. The rapid development of intranet may provide an innovative tool for construction and design teams in meeting these growing communication challenges.
5. A project specific intranet uses a database server to store e-mail information and the organizational information such as user’s details including the personal information and information requests.
6. Then team members can access this information using the Ezee Mail System. As information changes, the server content can be easily updated with new or revised data.
7. This flexible approach allows geographically remote project teams to access timely, consistent and accurate information without expensive typesetting, printing, distribution and mailing charges.
2. Server side: Servlets, JSP, JSTL
3. Database programming: JDBC
4. Web server: Tomcat
5. Database server: MySQL Server
CASE STUDY # 2
Our Client is one of the World’s Premier and more than a Century old engineering group. The group turnover is around Rs. 100 Billion. The group is known for largest distribution network and excellence in manufacturing. The group consists of 20 companies including joint ventures.
The Company was incorporated in the year 1920. At present Company is having manufacturing facilities at 3 locations. The company’s operations are divided into seven SBUs. The Company’s distribution network comprises of 16 regional offices and 8 overseas offices. Product range includes industrial and agricultural pumps, hydro-turbines, valves, machine tools, industrial coatings, etc.
This project is a SAP R/3 implementation project. The scope of the project covers the business processes related to Marketing, Sales, Production and Finance Accounting and Management Accounting. So modules Implemented in this project are SD, MM, PP, FI and CO.
SAP recommends ASAP Methodology for implementations, In this case study, we will use ASAP methodology. As a consultant, you should get exposed to all Five phases of implementation and should be able to gain good knowledge on each phase. We will walk through with each phase in detail.
1. Project Preparation – Documentation Work
2. Business Blue Print – Documentation Work
3. Realization – Configuration and Customizations
4. Final Preparations: Data migrations from legacy to SAP system
5. Go Live and Support: Handholding’s for SAP implementation, Resolving tickets
Tasks in FICO Module:
You need to study and understand the different business process in Legacy & creation to a creation system and map them to SAP system. Configuration and Customization task include in Definition creation and assignment of Various Organization Units, variants, creation of different master records, should be able to post business transactions and generate various reports and do closing activities. You are expected to prepare a blueprint and also configuration documents. Further, you need to get involved in Data Migration Project where you should be uploading thousands of various master records like customer master, vendor masters, Asset Masters, GL masters, Material Masters… so on, also you need to build configuration blocks in sub modules like General Ledger, Bank Accounting, Accounts Receivable, Accounts Payable, Asset Accounting, Cost Element Accounting, Cost Center Accounting, Profit Center Accounting, Internal orders, Product Costing, Profitability Analysis.
Final you need to submit your work as a presentation at the end of training.
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