SAP FICA

Course Version: ECC 6 EHP7

Duration: 160 Hours

Available Courses: SAP Xpert, SAP Pro+, Learning Hub

Mode of learning: Online Training | Classroom Training | Self-Paced Learning

Day: Monday – Friday / Weekend

Rating: 4.0 ⭐⭐⭐⭐

  • Training
  • Certification
  • Skills
  • Employability

Course Overview

Download Syllabus 🔻

SAP FICA (Financial Contract Accounting) Course Overview:

The SAP Financial Contract Accounting (FICA) course is designed to provide participants with a comprehensive understanding of contract accounting and financial management processes within industries like utilities, telecommunications, insurance, and public services. This course focuses on advanced functionalities of SAP FICA, including contract account management, billing, invoicing, and integration with other SAP modules.

WHO CAN JOIN THIS COURSE?

Anyone interested in learning about SAP FICA can join the course, but it is particularly beneficial for individuals in the following categories:

  • ➸ Fresh Graduates: BE / B. Tech / ME / MBA / PGDBM graduates and other fresher profiles
  • ➸ Experienced Professionals: Individuals with experience in purchase, procurement, logistics, warehouse, and stores management
  • ➸ Industry Experts: Purchase executives, managers, store in-charges, warehouse and logistics professionals, and those working in BPO/KPO for international logistics, Sourcing managers, Supply chain professionals looking to streamline procurement processes using SAP FICA .
  • ➸ Aspiring SAP Consultants: Freshers seeking career opportunities in SAP TRM Consulting
  • ➸ Corporate Employees: Employees in organizations transitioning from non-SAP systems to SAP.

WHAT YOU WILL LEARN:

By the end of the course, participants will:

  1. Gain an in-depth understanding of SAP FICA and its role in contract-based financial processes.
  2. Learn to configure and manage contract accounts, payment processing, and dunning procedures.
  3. Understand billing and invoicing in industries with high-volume transactions.
  4. Utilize tools for credit management, clearing control, and write-off processes.
  5. Integrate SAP FICA with other SAP modules like SAP FI, SD, and CRM.
  6. Prepare for SAP FICA implementation and configuration roles.

Program Highlights of SAP FICA Course:

The SAP FICA (Financial Contract Accounting) course focuses on the financial and accounting processes within SAP for managing contracts, billing, payments, and collections in industries like utilities, telecommunications, and other services. 

Here are the key program highlights:

  • Overview of SAP FICA and its applications.
  • Key features and benefits of using SAP FICA for contract accounting.
  • Differences between SAP FI and FICA.

  • Managing contract accounts, business partners, and contract objects.
  • Configuring organizational structures and account determination.
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  • Managing incoming and outgoing payments.
  • Automatic and manual payment posting.
  • Integration with payment gateways and banks.
  • Handling partial payments and installment plans.

  • High-volume billing processes.
  • Managing invoicing for contract accounts.
  • Integration with industry-specific billing systems.

  • Configuring dunning procedures for overdue accounts.
  • Monitoring and managing customer credit limits.
  • Handling collections and legal processes for unpaid invoices.

  • Clearing open items automatically and manually.
  • Configuring clearing rules and prioritization.
  • Managing write-offs for uncollectible amounts.

  • Configuring tax calculations in FICA.
  • Understanding revenue recognition for contract-based services.

  • Using embedded analytics for financial insights.
  • Generating reports on payment, dunning, and billing activities.
  • Monitoring key performance indicators (KPIs) for contract accounting.

  • Integrating FICA with SAP FI, SD, and CRM for end-to-end processes.
  • Handling data transfer and synchronization with external systems.

  • Techniques for extending
  • Practical exercises on configuring contract accounts, managing payments, and generating invoices.
  • Real-world case studies for solving financial challenges using SAP FICA.

  • Preparing for the SAP Certified Application Associate – SAP FICA certification.
  • Access to practice exams, mock tests, and study guides.

Overview of ABAP in SAP S/4HANA:

  • Core Data Services (CDS) Views.
  • ABAP Managed Database Procedures (AMDP)
  • Integrating ABAP with SAP Fiori and OData services.

Unleash your potential with our all-inclusive course! Sign up now to gain mastery in advanced business programming skills.

SAP FICA
➼ Duration: 160 Hours
➼ Modes Available: Online Training | Classroom Training | Self-Paced Learning
➼ Flexible EMI options available through our loan partner.

COURSE INCLUSIONS:
  • ✔ Live trainer-led sessions
  • ✔ Hands-on practical training
  • ✔ 3 months of SAP system access
  • ✔ Comprehensive eBooks
  • ✔ Access to session recordings
  • ✔ Guidance for global certification
Join the Course ⟶

WHY CHOOSE US

AcqvistoAdvantages

Learning Support

  • Receive unparalleled guidance from industry experts
  • Expert training delivered by certified trainers and experienced consultants
  • Mentor-Mentee corner to share best practices and insights
  • Comprehensive learning materials for self-paced study

Doubt Resolution

  • Clear doubts with trainers, industry experts, and peers
  • Personalized attention to every candidate’s learning needs
  • Individualized feedback and mentoring 
  • Regular Q&A sessions for enhanced understanding

Employability Enhancement

  • Career-building workshops on soft skills and personality development
  • Guidance from industry mentors for career advancement
  • Mock interviews and group activities with experts and peers
  • Resume building and interview preparation sessions

Hands-On Practical Exposure

  • Access to real-time projects and case studies for experiential learning
  • Practical assignments aligned with industry standards
  • Simulation exercises for real-world scenarios
  • Continuous assessment to monitor and enhance progress

Learning Support

  • Receive unparalleled guidance from industry experts
  • Expert training delivered by certified trainers and experienced consultants
  • Mentor-Mentee corner to share best practices and insights
  • Comprehensive learning materials for self-paced study

Doubt Resolution

  • Clear doubts with trainers, industry experts, and peers
  • Personalized attention to every candidate’s learning needs
  • Individualized feedback and mentoring 
  • Regular Q&A sessions for enhanced understanding

Employability Enhancement

  • Career-building workshops on soft skills and personality development
  • Guidance from industry mentors for career advancement
  • Mock interviews and group activities with experts and peers
  • Resume building and interview preparation sessions

Hands-On Practical Exposure

  • Access to real-time projects and case studies for experiential learning
  • Practical assignments aligned with industry standards
  • Simulation exercises for real-world scenarios
  • Continuous assessment to monitor and enhance progress

Ready to Take the Leap?

Join the SAP FICA Program Today and Transform Your Career!

CONTACT US

Our Achievers' Journey

Excellent ECC ABAP training! Well-structured content, knowledgeable instructors, and practical examples made complex concepts easy to grasp. Hands-on sessions and real-world applications were a huge plus. Perfect for anyone looking to boost their ABAP and SAP skills. Highly recommended!
– Prajwal Kasture
– Prajwal Kasture
Picked up a monthly subscription to SAP ECC and was impressed with what you get for the price and service was excellent. Now added S/4 and again was speedily assisted to get up and running . Well worth the money
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Absolutely phenomenal experience with Fortune8 Technologies! Their customer service was top-notch, responsive, and knowledgeable. I was blown away by their expertise in SAP S4 HANA server access, which exceeded my expectations. The team went above and beyond to ensure I found the perfect solution, demonstrating exceptional professionalism and dedication. I'm thoroughly impressed and highly recommend Fortune8 Technologies to anyone seeking exceptional service and SAP solutions. Keep up the outstanding work!"
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