SAP FICO and Material Management syllabus
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- SAP FICO and Material Management syllabus
Students are introduced to enterprise resource planning concepts and how companies use SAP to manage financial and material processes in the **SAP FICO and Material Management syllabus**. Financial accounting, general ledger, accounts payable, accounts receivable, and financial reporting are all covered in the FICO module. Procurement procedures, inventory control, vendor management, and material planning are the main topics of the Material Management module. Additionally, the course describes how SAP integrates financial and material transactions to facilitate effective business operations and decision-making.
What You'll Learn
- Overview of business processes and an introduction to SAP ERP
- Fundamentals of Financial Accounting and Controlling with SAP FICO * Accounts Payable
- Accounts Receivable, and General Ledger
- SAP's financial reporting and transaction management * Overview of SAP Material Management (MM)
- Vendor management and the procurement process
- Organisational inventory and material management
- SAP FICO and Material Management module integration
SAP FICO and Material Management
Bridging the Academics – Industry gap
Create job ready manpower resource pool with the skills of SAP FICO
Enhance employability by meeting the skill requirement of industry to address ever changing
business needs.
Build knowledge based Economy with cost effective program for World’s best IT Company
Understand industry best practices supported by SAP ERP – “Be future ready”
Introduction to ERP and S.A.P
What is S.A.P / R/2-R/3 ARCHITECTURE
S.A.P Server landscape
OVER VIEW OF FICO
Financial Accounting Basic Settings:
Definition of company
Definition of company code
Assignment of company to company code
Definition of business area
Definition of fiscal year variant
Assignment of fiscal year variant to company code
Definition of posting period variant
Assignment of posting period variant to company code
Open and close posting period
Defining document type & number ranges
Maintenance of field status variants
Assignment of field status variant to company code
Definition of tolerance groups for GL accounts
Definition of tolerance groups for employees
Assignment of tolerance groups to users
Taxes on Sales & Purchases (input & output)
Creation of chart of Accounts
Defining Accounts Groups
Defining Retained Earnings Account.
Creation of General Ledger Master (with and without reference)
Display/Change/Block/Unblock of general ledger master
Document Entry posting normal postings and posting with reference
Display and change of documents
Display of GL balances
Display GL account line items
Parked documents
Hold documents
Creation of Sample Document and postings with sample documents
Defining recurring entry document and postings with recurring doc.
Creation of account assignment model and posting
Configuration of line layouts for display of GL line items
Reversal of individual documents, mass reversal, reversal of cleared items and reversal of accrual
and deferral documents
Defining Exchange Rate types and Translation ratios
Define Exchange rates & posting of foreign currency transactions
Interest calculations on term loans
Accrual and Deferral documents
Creation of vendor account groups
creation of number ranges for vendor master records
assignment of number ranges to vendor account groups
Creation of tolerance group for venders
Creation of vendor master (display/change/block/unblock of vender master)
Posting of vendor transactions (invoice posting, payment posting, credit memo)
Settings for advance payments to parties (down payment) and clearing of down payment against
invoices (special GL transactions)
Posting of partial Payment & Residual Payment
Creation of payment terms,
Creation of house banks and account ids.
Creation of check lots and maintenance of check register
display check register
cancellation of un issued checks
creation of void reasons
cancellation of issued checks
posting of purchase returns
Configuration of automatic payment program
Payment to vendors through APP
Defining correspondence & party statement of accounts
Creation of customer account groups
creation of number ranges for customer master records
assignment of number ranges for customer account groups
Creation of tolerance group for customers
Creation of customer master (display/change/block/unblock of vender master)
Posting of customer transactions (sales invoice posting, payment posting, debit memo)
Settings for advance payment from parties (down payment)
Configuration of settings for dunning
generating the dunning letters
defining correspondence and party statement of accounts
Bills of exchange
posting of sales returns
Defining chart of depreciation
creation of 0% tax codes for sales and purchased
assignment of chart of depreciation to company code
Defining account determination
definition of screen lay out rules
definition of number ranges for asset classes
Integration with General Ledger & Posting rules
Defining Depreciation key
definition of multilevel methods
definition of period control methods
creation of main asset master records
creation of sub asset master records
Acquisition of fixed assets
sale of fixed assets
transfer of assets
Scrapping of assets,
Depreciation run
Line item Settlement of assets under construction of capital work in progress
Parallel ledgers
document splitting
Segments.
Financial statement version
General Ledger, Accounts Payable, Accounts Receivable and Assets Reports
Definition of organizational units in materials management i.e. plant, storage location and
purchase organization
Assignment of organizational units to each other
Definition of tolerance groups for purchase orders
Definition of tolerance groups for goods receipt
Definition of tolerance groups for invoice verification
Definition of vendor specific tolerances
Creation, display and change of material master records
Creation of plant parameters
Maintenance of posting periods for materials management
Maintenance of parameters for invoice verification
Maintenance of plant parameters for inventory management and physical inventory
Definition of attributes for material types
Assignment of GL accounts for material transactions in financial accounting (Integration of MM
with FI)
Creation of purchase order, posting of goods receipt, invoice verification and Goods issue for
production
Definition of sales organization
definition of distribution channels
definition of divisions
assignment among various organizational units in SD
definition of partner functions
definitions of shipping point and loading points
definition of pricing procedures
determining the shipping points
determining the pricing procedures
maintenance of SD condition types
maintenance of condition records
assignment of GL accounts for sales transactions(integration of FI with SD)
creation of sales order
initialization of stock
posting the delivery of goods
creating the sales invoice
2D shop drawing project
Mechanical component detailing project
Assembly drawing project
3D mechanical model project
Real-time industry-based practice
Defining Controlling Area
Defining Number ranges for Controlling Area
Maintain Planning Versions
creation of primary cost elements from financial accounting area
creation of primary cost elements from controlling area
display of cost element master records
change cost element master records
primary cost element categories
secondary cost element categories
default account assignments
Defining Cost Center Standard Hierarchy
Creation of Cost Centers and cost center groups
display cost center master records
change cost center master records
creation of cost center groups
posting to cost centers
reposting of co line items
Repost of Costs
planning for cost centers
Overhead Calculation
creation of secondary cost element master records
Creation and Execution of Distribution Cycle
creation and execution of assessment cycles
cost center reports
Introduction and overview
ERP & SAP R/3
General settings
Enterprise settings
Material Master
Vendor master
Purchase info record
Purchasing
Request for Quotation
Maintain Quotation
Purchase Order
Pricing procedure
Automatic PO creation
Transaction variant creation
Inventory management
Receipts, goods issue
Invoice verification
Batch management
Automatic account determination
Vendor evaluation
Purchase request
Material Creation
Outline Agreement
Purchase Requisition
Price Comparison
Transfer Posting
Foreign Currency Valuation
Condition Table And Types
P2P Cycle Add On.
SAP MM meaning: SAP Material Management module is a SAP ERP component that helps
organizations with material management, inventory management, and warehouse
management in the supply chain process.
SAP MM full form is SAP Material Management.
Transaction in SAP means processing of certain information in order to complete business
process requirement.
Master data is the core data that is used as a base for any transaction.
Purchasing is a component of SAP MM module, and its process can be roughly depicted in
below diagram.
Inventory management is used to manage the inventory of the goods.
Pricing procedure for MM module in SAP is a way to determine prices in purchasing documents.
This Course Include
- Certification of completion
- Practical Experience
- Interactive Workshops
- Immediate Feedback and Support
Course Duration
- 3 Months
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