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BECOME A SAP FICO CONSULTANT & JOB PROFILE

Learn more about Highly Paid Jobs in IT

www.ITLearnMore.com
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
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
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
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
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
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.
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.
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.
Contact Us:
For more details, please log on to www.ITLearnMore.com
Most Trusted Website for all Learning Needs by Students, Graduates and
Working Professionals

You can also Find us on :
Thank you !

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How to Become a SAP FICO Consultant

  • 1. BECOME A SAP FICO CONSULTANT & JOB PROFILE Learn more about Highly Paid Jobs in IT www.ITLearnMore.com
  • 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: For more details, please log on to www.ITLearnMore.com Most Trusted Website for all Learning Needs by Students, Graduates and Working Professionals You can also Find us on :