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How to Become a SAP FICO Consultant
1. BECOME A SAP FICO CONSULTANT & JOB PROFILE
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2. Contents
Who Is A SAP FICO Consultant
Introduction To SAP FICO
SAP FI Module; Sub Module
SAP CO Module; Sub Module
SAP FICO Consultant Roles
SAP FICO Consultant Responsibilities
SAP FICO Career Opportunities
Required Skills
SAP FICO Job Outlook
3. Who Is A SAP FICO Consultant
SAP FICO consultant – specialized in SAP FICO module
SAP FICO module refers to the Finance (FI) and Controlling
(CO) modules of SAP ERP system.
They are integrated with Sales and Distribution Module ( SD)
and Materials management (MM) module.
Both FI and CO modules store the financial transactions data
4. SAP FICO Module
SAP FICO Stands for FI (Financial Accounting ) & CO (Controlling)
FI- Used for external reporting i.e.. balance sheet, Profit and Loss
statements; Receives postings from various other modules such as
Materials Management, Sales and Distribution, Human Resource) through
integration.
CO- Used for the internal reporting purpose; Controlling Area is the
organization unit used to represents the controlling activities of Cost
Center accounting, Profit Center Accounting, Product Costing, and
Profitability
5. SAP FI Sub Module
SAP CO Sub-Modules
General Ledger accounting Cost Element Accounting
Accounts Receivables
Cost Center Accounting
Accounts Payable
Asset Accounting
Bank Accounting
Consolidation
Special Purpose Ledger
Travel Management
Profit Center Accounting
Internal Orders
Product Cost Controlling
Profitability Analysis
6. SAP FICO Consultant Roles & Responsibilities
Designing, building and deploying SAP-based ERP solutions
Leading analysis and design in the SAP FI/CO area
Conduct structured testing internally and with users
Ensure stabilization of the solution and continuous
improvements
Provide training to end-user
7. SAP FICO Consultant Tasks
Gather Information on client’s current business processes and
prepare a document
Gather information on their business requirements and
prepare
Data Mapping - Mapping the source data element for each
data element in the target environment.
Gap Analysis-finding the gap between As-Is and To-Be
processes.
8. How To Become A SAP FICO Consultant
Degree in accounting; finance; engineering.
Good understanding of accounting as well as financial and
controlling processes.
Full project implementation cycle (design, development,
testing, deployment and support)
Expertise with using solution manager.
Expertise with NewGL.
9. SAP FICO Career Opportunities
To start a career as a SAP FICO consultant, one needs to
build a strong base covering all these aspects of SAP FI
module and SAP CO module with a complete overview of
SAP FICO.
SAP FI consultant training and SAP CO consultant training
Build expert hands on using SAP FICO module towards
better management of finance accounting and reporting in
enterprises.
10. Contact Us:
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