SAP FICO on S/4HANA — also known as Financial Accounting (FI) and Controlling (CO) — plays a crucial role in integrating and managing a company’s financial processes on the S/4HANA digital core. SAP FI covers all key aspects such as Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), Asset Accounting, and Taxation, ensuring that every financial transaction is captured in real time with high accuracy and transparency. With S/4HANA’s in-memory technology, businesses benefit from faster processing, automation, and simplified period-end closings. The CO (Controlling) component focuses on internal cost and performance tracking. It enables organizations to monitor, analyze, and control their internal operations through tools like Cost Center Accounting, Profit Center Accounting, Internal Orders, and Product Costing. These insights are invaluable for strategic decision-making and profitability analysis.
| SEP 11th | MON – FRI (180 DAYS) Online | Timings – 08:00 AM to 09:00 AM (IST) |
| SEP 10th | MON – FRI (180 DAYS) OFFLINE | Timings – 11:30 AM to 12:30 AM (IST) |
Understand the Core Concepts of SAP S/4HANA Finance & Controlling (FICO)
Gain a solid understanding of the key financial and controlling processes in SAP S/4HANA, and how they support real-time business operations.Configure and Manage Organizational Elements
Learn how to define and configure organizational structures such as Company Code, Business Area, Controlling Area, and Operating Concern.Master Financial Accounting (FI) Components
Handle essential FI modules including General Ledger Accounting, Accounts Payable, Accounts Receivable, Asset Accounting, and Bank Accounting.Implement Controlling (CO) Functionality
Configure and utilize internal cost management components such as Cost Centers, Profit Centers, Internal Orders, Product Costing, and Profitability Analysis (COPA).Work with the Universal Journal (ACDOCA)
Understand the simplified data structure and real-time data integration offered by the Universal Journal in S/4HANA.Perform End-to-End Financial Postings and Reporting
Execute financial transactions and generate real-time reports using Fiori apps, classic transactions, and embedded analytics.Integrate FICO with Other SAP Modules
Explore the integration between FICO and other modules such as MM, SD, PP, and HCM within S/4HANA.Apply Knowledge in Real-Time Business Scenarios
Work on hands-on case studies, simulating real-time financial operations and month-end closing activities.Understand Migration and Conversion Aspects
Learn about the transition from ECC to S/4HANA, data migration tools like LTMC, and changes in master data and reporting structures.Prepare for Job Roles & Certification
Get ready for roles such as SAP FICO Consultant or S/4HANA Finance Analyst, and understand the roadmap for SAP certification (e.g., C_TS4FI_2021).
Interact with business users, finance controllers, and auditors.
Understand current financial processes and document business requirements.
2. Configuration & Customization
Configure key SAP FICO components:
Financial Accounting (FI): GL, AP, AR, Asset Accounting, Bank Accounting
Controlling (CO): Cost Centers, Internal Orders, Profit Centers, Product Costing, COPA
Customize settings based on business needs using SPRO.
3. Master Data Management
Maintain & validate master data:
Chart of Accounts, Company Code, Business Area
Customer, Vendor, Cost Center, Profit Center, Assets
Ensure data integrity and compliance with accounting standards.
4. Integration Support
Coordinate integration with other modules:
MM (Procure to Pay)
SD (Order to Cash)
PP (Production)
PM, HCM, and Project Systems
Resolve cross-module issues during testing and go-live.
5. Testing Activities
Prepare and execute:
Unit Testing
Integration Testing
User Acceptance Testing (UAT)
Document test results and support defect resolution.
6. End-User Training and Documentation
Develop user manuals and SOPs.
Conduct training sessions for key users and end-users.
7. Go-Live and Post-Go-Live Support
Support go-live activities like data migration, cut-over strategy, and opening balances.
Handle post-go-live issues, tickets, and enhancement requests.
8. Financial Reporting and Analytics
Create and validate financial reports (FBL1N, FBL3N, FAGLL03, etc.).
Work with Fiori apps and Embedded Analytics for real-time S/4HANA reporting.
SAP FICO Methodology on S/4HANA Projects
1. AS-IS Study
Analyze and document existing business processes and financial systems.
Identify gaps between current and SAP standard processes.
2. TO-BE Design
Propose optimized SAP-based processes tailored to business goals.
Create blueprint documents outlining the TO-BE model.
3. Realization (Configuration & Development)
Configure SAP FICO module as per the approved blueprint.
Develop custom reports, validations, or enhancements if required.
4. Testing Phase
Conduct unit and integration testing.
UAT with business stakeholders to ensure the solution meets business needs.
5. Data Migration & Cutover
Use SAP LTMC, LTMOM, or LSMW to migrate master and transactional data.
Perform mock cutover and ensure balance carry-forward accuracy.
6. Go-Live
System is moved to production.
System monitoring and reconciliation with legacy data.
7. Support & Continuous Improvement
Provide hypercare support post go-live.
Optimize performance and introduce automation where possible.
This training is ideal for anyone who wants to build a career in financial and controlling modules within the SAP ecosystem, particularly in the S/4HANA environment. It is best suited for:
Finance & Accounting Professionals looking to upgrade their skills with SAP’s latest ERP solution.
SAP End Users working in finance departments who want to understand configuration and reporting.
Chartered Accountants (CAs), Cost Accountants, and MBAs (Finance) who want to enter the SAP consulting world.
ERP Consultants who want to cross-skill into SAP FICO on S/4HANA.
Fresh Graduates in Finance or Commerce aspiring to pursue a career in ERP consulting.
IT Professionals working in SAP ECC who are transitioning to SAP S/4HANA.
Business Analysts involved in finance-related process design or implementation.
This course bridges the gap between functional finance knowledge and SAP S/4HANA financial system configuration, making it suitable for both freshers and experienced professionals.
By the end of this course, you will gain the essential technical and functional skills required to work as an SAP FICO Consultant in an S/4HANA environment. Key skills include:
Core Financial Accounting (FI) Skills
Configuration and management of General Ledger (New GL)
Accounts Payable and Accounts Receivable processing
Bank Accounting and Cash Management
Asset Accounting including asset lifecycle management
Handling Taxes, Foreign Currency Valuations, and Document Splitting
Posting and processing of FI documents in S/4HANA
Controlling (CO) Skills
Configuration of Cost Element Accounting
Management of Cost Centers and Internal Orders
Integration with Overhead Cost Controlling and Profit Center Accounting
Understanding Product Costing and Cost Object Controlling
Profitability Analysis (CO-PA) in S/4HANA
S/4HANA-Specific Skills
Deep understanding of Universal Journal (ACDOCA)
Migration from ECC to S/4HANA Finance
Working with SAP Fiori Apps for Finance
Real-time analytics and reporting using Embedded Analytics
Introduction to Central Finance (CFIN) concept
Integration Skills
FI-MM and FI-SD Integration
FI-HR and FI-PP Integration overview
Cross-module transaction handling
Practical & Project-Oriented Skills
Real-time end-to-end implementation scenarios
Handling Support Tickets and Change Requests
Working on Business Process Mapping
Preparing project documentation: FS, TS, UAT, KT
Career and Certification Readiness
Resume-building strategies for FICO roles
Interview preparation and mock Q&A
Guidance for SAP S/4HANA FICO certification (e.g., C_TS4FI_2021)
Prerequisites to Learn SAP FICO on S/4HANA
To make the most of the SAP FICO on S/4HANA course, it is recommended (though not always mandatory) to have the following background:
1. Basic Knowledge of Accounting & Finance
Understanding of financial statements (Balance Sheet, P&L)
Familiarity with accounting principles and terminologies
Experience in financial processes like Accounts Payable, Accounts Receivable, Asset Management, etc.
2. General Business Process Understanding
Awareness of how core business functions like sales, procurement, and production tie into finance
Exposure to enterprise structure and business workflows in a corporate environment
3. Basic Computer Literacy
Comfort with Excel, Word, and general navigation of software systems
Analytical thinking and ability to work with numbers
4. (Optional but Useful) SAP End-User Exposure
Hands-on experience with SAP GUI or any ERP system as a user
Knowledge of basic SAP navigation and transactions
5. (For Technical Learners)
Some familiarity with SAP Tables, Reports, or Technical Architecture is beneficial but not required
Non-finance professionals from IT backgrounds can also learn FICO with some effort in understanding financial basics
Instructor-led Sessions
45 Hours of Online Live Instructor-Led Classes. Weekend Classes : 24 sessions of 2 hours each. Weekday Classes: 60 sessions of 1 hours each.
Real-life Case Studies
Live project based on any of the selected use cases, involving implementation of the various concepts.
Assignments
Each class will be followed by practical assignments.
Lifetime Access
You get lifetime access to LMS where presentations, quizzes, installation guide & class recordings.
24 x 7 Expert Support
We have 24×7 online support team to resolve all your technical queries, through ticket based tracking system, for the lifetime.
Certification
After completing your final course project successfully emax will provide you certificate as a SAP Trainee.
Forum
We have a community forum for all our learners that further facilitates learning through peer interaction and knowledge
- Overview of ERP?
- Advantages of SAP over other ERP Packages?
- Why we need ERP?
- History& Features of SAP
- Advantage of SAP over another ERP package
- Introduction to SAP & R/3 Architecture
- Induction to HANA System
- ECC to HANA changes.
- Induction to S/4 HANA and Simple Finance
- S/4 HANA Benefits.
- SAP- System-Landscape
- Induction of SAP Domains (Functional, Technical and Security)
- Overview of Remaining Modules (Fun: MM, SD, PP, HR, FM etc…,Tec:
- ABAP and Security: BASIS)
- Fundamentals of Business Accounts (All Debit and Credit accounting
entries with Profit and Loss Statement and Balance Sheet Overview.
- What is FI/CO
- Sub Modules in FI/CO
- Introduction to G/L, (New G/L), A/P, A/R, AA, Bank Accounting and
Taxation. - Introduction to CEA, CCA, EC, PCA, CO-PC, CO-PA.
- Concepts of integration with MM & SD
- Introduction of Month-end Closing & Year-end Closing
- Defining Company
- Configuring Company Code
- Defining Business Area
- Maintaining Consolidation Business Area
- Defining Credit Control Area
- Defining Financial Management Area
- Define Functional Area
- Define Segment
- Assigning Company Code to Company
- Assigning Company Code to Credit Control Area
- Assigning Business Area to Consolidation Business Area
- Assigning Company Code Financial Management Area
- Chart of Accounts- Types of COA
- Fiscal Year Variant- Types of Fiscal Years
- Posting period Variant
- Open and Close Posting Periods
- Multiple currencies & Exchange Rate Maintenance
- Field Status Variants & Groups
- Define posting keys
- Defining Tolerance Groups for GL & Employees
- Other Aspects of Global Parameters
- Introduction to multiple Ledgers for local GAAP, IFRS & US GAAP
- Define & Activate New G/L
- Activation & Specification of Additional Ledgers
- Define Currency for Additional Ledgers
- Define Document Splitting for G/L Accounting
- Active Document Splitting
- Define Document types for Entry View Create G/L Accounts
- Documents in G/L-Ledger & Ledger Group , Foreign Currency , Special Periods
- Documents in G/L Park & Post , Hold, Recurring, Account Assignment Types etc,
- Reversal Document
- Foreign Currency Valuation
- Bank Interest Calculation
- G/L automatic Clearing Maintenance
- G/L Reports
- Transfer Balance & Carry Forward (Balance Sheet & P&L items)
- G/L Reports
- Finance Statement version
- Vendor and Customer account group
- Documents types for customer and vendors
- Number Range assignment for Account group
- Reconciliation Accounts for customers and Vendor Master Data
- Customer and Vendor Master Data
- Special GL transaction
- Automatic determination of G/L Accounts for taxes, Foreign exchange (Realized and un Realized accounts)
- Terms of payment
- House banks
- Check and transfer method of payment through banks
- Payment methods
- Automatic Payment Program
- Manual& Electronic Bank Statement
- Dunning Procedure
- Down Payments, Bills of Exchange and Guarantees
- Tax Calculation Procedure
- Taxes-Service tax with GTA and Withholding taxes (TDS&TCS)
- Customer and Vendor Reports
- FI-MM:
1. FI-MM integration (Conf. from MM to attain PO, GR and IR)
2. Accounts Assignment Categories in PO and business process to be used with different Account Assignment Categories
3. Valuation area, Valuation class and its importance in Material Master
4. Accounting aspects from Material Master
5. Material Movement Types
6. OBYC and G/L Account Assignments from MM process - FI-SD:
1. FI-SD Automatic Accounts determination
2. Revenue Reorganization Process in FI and SD Integration
3. FI+MM Integration including Excise Duty, VAT, CST
4. Procurement of Direct Materials
5. Procurement of Indirect Materials
6. Procurement of Assets
7. Procurement of services
8. FI+SD Integration including Excise Duty, VAT, CST
9. Sale of goods including Trading Goods & Finished Goods
10. Service sales
11. Excise utilization
12. Taxation with GST
- Chart of Depreciation
- Define 0% tax Codes for Asset Accounting
- Asset Classes and Account determination of Asset Classes
- Depreciation Areas- Companies Act, IT ACT, IFRS & US GAAP
- Screen Layout Rules and Number Range Assignments
- Depreciation Areas for Parallel Currencies
- Group Assets
- Depreciation Keys
- Asset Master data (Main and Sub Assets)
- Overview of Revolution of Assets
- Introduction to Inflation Accounting
- Asset Acquisition (Direct and AuC)
- Running Depreciation
- Asset retirement (Scrapping, with Revenue with Customer and without Customer)
- Inter and Intra Asset Transfers
- Asset Reports/ With Different variants and Asset explorer
- Strategy on data Migration related to Assets (Legacy Assets- upload process)
- Asset procurement with MM +GL+AA Integration
- Asset Sale Process with SD +GL+AA Integration
- Define controlling area
- Maintaining control areas settings
- Importance of Different Fields in controlling Area
- Assignment of controlling area to Company Codes
- Maintaining number ranges for controlling documents
- Maintain versions
- Activate components in controlling Area
- Primary cost and secondary cost Elements
- Cost Element categories
- Cost Element groups
- Cost element report
- Cost Center Hierarchy
- Cost Center Groups
- Cost Center Categories
- Cost Center Mater
- Activity Type
- Statistical Key Figures
- Reposting, Distribution and Assessment
- Activity type categories
- Planning and Budgeting of Cost Elements
- Define Planner Profile, Versions for Planner Profile
- Planning VS Budgeting of Cost centers
- Cost Center Reports
- Configuration of product costing
- Maintain overhead cost elements
- Maintain overhead keys
- Define cost component structure
- Maintain Overhead cost Elements
- Define Costing Sheets
- Define Overhead Keys and Groups
- Define Cost Component Structure
- Variance Calculation
- Work in Progress
- Settlement
- Variance Calculation
- Work In Progress
- Settlement
- Product Cost by Sales
- Result Analysis
- Settlement
- Product Costing by Planning
- Product Costing by Order
- Product Costing by Period
- Product Costing by Sales Order with MM,SD,PP and COPA Integration
- Define and Activate Material Ledger
- Assign Currency types to Material Ledger
- Dynamic Price Change in ML
- Other Aspects of ML
- Material Costing
- Define Operating Concern
- Define Characteristics and Value fields
- Define Profitability Segment Characteristics
- Define Characteristic Hierarchy and Derivation
- Maintenance and Assignment of Value fields
- Transfer of Billing Documents to COPA
- Automatic Account Assignment
- Maintain PA Transfer structure for Direct FI Postings
- Information System in COPA
- Maintain profit Centre and Activation of Company Codes in profit center
- Control Parameters for Actual data
- Plan versions
- Profit Centre Standard Hierarchy
- Profit Centre Groups
- Transfer pricing Process with profit Centre
- Maintain planner profiles
- Distribution & Assessment
- Automatic Account Assignment for Revenue Elements
- DEV Server QA PRD
Golden Client Quality Testing Client Business
All configurations Day to Day Transactions
Made here Production Server
- Cost Object Controlling:
1. Overview Discreate and Repetative Manufacturing
2. Product Costing
3. Product cost by order (Discrete)- At Product Level
4. Product cost by Period (Repetitive) with WIP
5. Product cost by Period (Repetitive) without WIP
6. Production against SO with Valuation (Not a Cost Object)- MTO
7. Production against SO with Valuation (Cost Object)- MTO
8. Production against SO with Valuation – MTO - Special Scenarios:
1. Calculation of plan activity Prices, Primary Cost Component Split
2. Scenario Based Product cost estimates- Auxilary Cost Component Split
3. Overhead Key and Group
4. Template Allocation
5. Origin Group Usage
6. Additive cost Estimate
7. Mixed cost Estimate
8. By Product costing
9. Split Valuation+
10. Sub-Contracting
11. Stock Transfer
12. Unit Costing
13. Scrap - Material Ledger:
1. Multiple Currencies
2. Actual Cost
- Activate Business Functions of HANA
- Basic Settings for company Code
- Define Chart of Accounts (With HANA Changes)
- Open and Close posting periods
- Enter Global Parameters
- Accounting Principles (All Countries GAAPs)
- Assign Accounting Principles to Ledger Group
- Define Controlling Area basic settings (With HANA Changes)
- Ledgers of S/4 HANA
- Integration of controlling with financial accounting
- Execute Consistency Check of General Ledger Settings
- Master Records
- G/L Master creation
- Regenerate CDS Views and Field Mapping
- Display application log for Regenerate CDS view
- Postings
- Edit coding Block
- Foreign Currency Valuation
- Error Correction and Suspense Accounting
- Business Partner Creation
- Book Depreciation-USD- Group Valuation
- Local GAAP/Local Currency–USD- Group Valuation
- Tax Accounting / Tax Currency–USD- Group Valuation
- Book Depreciation-GBP-Hard Currency Valuation
- Local GAAP/Local Currency-GBP- Group Valuation
- Tax Accounting / Tax Currency-GBP- Group Valuation
- Specify Transfer of APC value
- Specify Transfer of Depreciation Terms
- Specify the Use of Parallel Currencies
- Assign Input Tax Indicator for Non-Taxable Acquisitions
- Assign Chart of Depreciation to Company Code
- Specify Account Determination
- Create Screen Layout Rules
- Define Number range Intervals for Asset master records
- Define Asset Class
- Define Technical Clearing Account for Integrated Asset Acquisition
- Define Different Technical Clearing Account for Required Fie
- Specify Alternative Document Type for Accounts-Principle-Specif
- Define Separate Document Types by Company Code
- Define Depreciation Area for Quantity Update
- Allow Differing Variants for Depreciation Areas with G/L Int
- Valuation Methods
- Post Net Book Value Instead of Gain/Loss
- Activate New Asset Accounting (New Customers)
- Non SAP System to SAP ECC Implementation
- ASAP Methodology
- Non SAP to HANA (Green Field Implementation)
- Activate Methodology
- Analysis to Client Business, based on Client Business, have to finalize SAP Implementation timelines and Consultant Roles
- Analysis to Client Business, based on Client Business, have to finalize SAP Implementation timelines and Consultant Roles
- AS-IS Process: (Client Current way of doing business like NON SAP System
- TO-BE Process: (Future all Functionalities in SAP System)
- GAAP Analysis: Client Requirement. Not possible in SAP Standard have to Develop the program)
- G/L Accounting (Book Keeping)
- Accounts Payable (Vendor Transaction)
- Accounts Receivable (Customer Transaction)
- Asset Accounting
- Bank Accounting
- Taxation
- Profit & Loss Statements
- Balance Sheet Preparation (Assets & Liabilities)
- All Client Requirement Configuration/Mapping to SAP System.
- Any client Requirement stand SAP Not possible Have to develop
- Now programmer (Functional Specs Preparation)
- Training to End-users / Business Users
- Upload all Data’s. Non SAP System to SAP System
- Preparation of Functional specs for Z reports
- LSMW
- Report Painter
- Resolving tickets with Real time scenarios
- Implementation, Support and maintenance process
- Complete Real Time Projects in ECC and S/4 HANA
- Master Data (General ledger, Vendors, Customer, Assets)
- Transaction Data (Vendor Invoice, Payments, G/L Postings Like Salary, Rent
Paid) - Organization Data (Company Details)
- After SAP Implementation. Business users are facing any errors /Issues. we are
consultants has to resolve Priority Base.
o P1 Priority 1: Issue Resolve within 3 Hours
o P2 Priority 2: Issue Resolve within 8 Hours
o P3 Priority 3: Issue Resolve within 3 days
o P4 Priority 3: Issue Resolve within 5 days
o P5 Priority 3: Issue Resolve within 10 days
o Provide 5 Genuine Real-time Tickets
- Any new Functionality will come to have to Migrate from
Old Version New Version
Ex: 2017 July before Taxes GST
Excise Duty CGST
Service Tax SGST
VAT IGST UTGST
CST
SHEC
HEC
- HP Company using the last 10 years SAP System.
- HP is Acquired/Purchase
- DXC Technology DXC using (Tally, Excel, Baan, Other ERP Software).
- So DXC also Converts/ Rollout to SAP System.
- FI/CO Soft Copy
- Regular Classes
- Business Blue Print
- AS-IS Doc
- TO-BE Doc
- GAAP Analysis Doc
- Functional Spec’s Doc
- Configuration Doc
- TR (Transport Documents)
- KDS (Key Data Structure)
- BUD (Business Understanding)
- SGD (Solution is given Doc)
- MOM (Minutes of Meeting)
- Master Data Upload Documents
- Transactional DATA Upload Documents
- Provide Genuine Support Tickets
- Functional Technical Security
Fi/Co ABAP BASIS
MM
SD
PP
FM
GM
Etc……
1. Importance of SAP SD ON S/4 HANA Project
Crucial for a company’s revenue and customer operations, as it manages the end-to-end “Order-to-Cash” process, improving efficiency, customer satisfaction, and integrating key business functions.
2. Types of SAP SD ON S/4 HANA Projects
- Implementation: New, from-scratch setup.
- Rollout: Adapting a global template to a new location.
- Upgrade: Migrating from an older system (ECC) to S/4HANA.
- Support: Ongoing maintenance, bug fixes, and user issue resolution.
3. Role of SD Consultant
Acts as a bridge between business requirements and the SAP system, responsible for configuration, customization, testing, and training in each project phase.
4. Naming & Coding Standards
Strict conventions (e.g., using Z or Y prefixes) are used for all custom configuration and development to ensure system consistency and maintainability.
5. Project Documents
- FS (Functional Specification): Describes the business requirement for a custom solution.
- TS (Technical Specification): Translates the FS into a technical development plan.
- UTP (Unit Test Plan): Outlines test cases to verify the solution.
- Issue Logs: Tracks all bugs and defects throughout the project.
6. Code & Quality Tools
- Code Inspector/EPC: Tools to check custom code for performance, security, and quality.
- Code Review: A manual process to ensure code meets project standards.
7. SD Objects & Concepts
An SD consultant analyzes business needs to determine the correct technical approach, from basic reports and BDC for data entry to advanced BAPIs, User Exits, and IDocs for system integration and enhancements.
8. Ticket Resolution
In support, consultants analyze, troubleshoot, and resolve end-user issues (“tickets”) to meet service level agreements (SLAs), ensuring business continuity.
9. Resume Preparation
A good resume should highlight SAP SD ON S/4 HANA skills, project experience (with quantifiable achievements), and certifications, tailored to the specific job description.
It was a wonderful learning experience with EMAX Technologies. Their support feature is really good for active learners. I have completed the UI5/Fiori on S/4HANA training.
I have taken the training on UI5/Fiori on S/4HANA from EMAX Technologies. I would say the course went good and faculties are very experienced. Customer services are also very good and very interactive. In future, if I want to learn any courses, I’m sure that I will approach EMAX Technologies only. Thanks to all.
Post-enrolment, the LMS access will be instantly provided to you and will be available for lifetime. You will be able to access the complete set of previous class recordings, PPTs, PDFs, assignments. Moreover the access to our 24×7 support team will be granted instantly as well. You can start learning right away.
Yes, the access to the course material will be available for lifetime once you have enrolled into the course.
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