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August 29, 2017 by
The use of FICO enables to generate the financial transaction report and make decisions related to accounting. So, it can be said that it is one of the most important modules from SAP and proper use of this software can help in making important business decisions.

The SAP FICO online training is extremely helpful for professionals who aspire to learn the fundamentals of SAP FICO and implement it in practice. It involves people in the roles of financial consultants, finance managers, accountants, finance specialists who work in financial accounting, ERP finance controlling professionals, finance, CA, ICWA students. The training on FICO makes you familiar with the following topics:

Overview on SAP
Introduction to FI/CO
SAP Finance
Entities in FI
Financial Statement
ASAP Methodologies
General Settings
Enterprise Structure
AR/AP/Asset Transactions
AR/AP/Asset Master Data

The FICO module of the SAP ERP solution, which consists of two entities has been designed to meet all accounting and reporting requirements. With the use of this software, it becomes very easy to gather and analyze the information, prepare financial statements, reports and generate charts that needs to be presented to the management. The knowledge about SAP FICO becomes of high importance for those who are in or aspire to be in the financial industry. Although there are plentiful of jobs in the market with FICO, but those who wish to become a successful SAP FICO consultant, such professionals are required to have a complete overview and knowledge of SAP FICO. The online SAP FICO training can be very beneficial in this case as it provides you the total understanding of this module and you can grab great opportunities for yourself in this field.

Thus, it can be said that Financial Accounting and Controlling aid individuals to manage a better and efficient business process towards better data management and financial accounting and also help the organizations to achieve their goals.

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