SAP Fico is  one of the most widely utilized SAP modules. Companies use this to manage their financial data. This course is most suitable for people who want to excel in their financial career or are looking for the right path to start their financial career. This course is the best choice for people who want to pursue a financial career. At Teks students are provided with the best faculty and learning tools used in this course where students can excel their financial skills and knowledge.
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What is SAP Fico ?
SAP FICO is made up of two components: SAP Finance (FI) and SAP Controlling (CO). Both of these modules are intended to perform specific tasks. The SAP FI module is responsible for financial accounting and reporting. The CO module is concerned with cost control and financial planning. The software is designed to help businesses with financial planning and analysis. All of this contributes to making better financial decisions.
Features and Functionalities of SAP Fico
General Ledger (GL): it is used to record all financial transactions and provide an overview of the organization’s financial status.
Accounts Payable (AP): Manages the organization’s payable transactions, including vendor invoices, payments, and credit memos.
Cost Elements: These are calculated using income statements it also gives you an overview on the company’s cost and revenues.
Profitability Analytics: It examines the company’s profit and loss which give it better insights on decision making and aids in determining price, market segment, and consumer distribution routes.
Profit Center: It contains all of the expense information for the company’s business lines. This module is concerned with expenses and revenues.
Advantages of pursuing SAP Fico
It centralizes all of a company’s accounting data for financial management.
All transactions generated in the logistics department can be uploaded to the Financial Accounting modules in real time.
Credit management and collections can be effectively automated using the SAP FI module.
SAP FI allows businesses to manage their funds across borders.
Cost planning, monitoring, and reporting is simplified with SAP CO.
Advantages of Teks Academy
Pursuing a SAP Fico course at Teks Academy has a lot of advantages:
Best Learning Place : The Teks Academy in Hyderabad exclusively offers the best SAP Fico course led by industry experts, where students are equipped with top-notch skills and industry experience.
Unlimited Support:They also provide a 24/7 access to students where they can clear their doubts and improve course understanding.
Boost your Resume:The Teks Academy also provides a course completion certificate which strengthens the resume and makes Teks graduates the best fit for the job.
Industry Significance: In this course at Teks Academy you are given experience with the most trendy financial tools used by a corporation to manage its financial data.
Conclusion: Learning SAP Fico at Teks Academy not only comes with a certificate but also comes with the experience of industry experts which is delivered through theoretical and practical lectures , students also have a 24/7 access to the staff where they clear all sort of doubts and enhance their learning skills.( to get details about this SAP Fico course kindly click on the link below)
