SAP - FICO HANA Training

Immerse yourself in the power of SAP FICO with HANA capabilities through our comprehensive training course. Our SAP FICO HANA Training Course is designed to equip you with the skills needed to leverage the advanced features of SAP Finance and Controlling (FICO) in conjunction with the high-performance capabilities of SAP HANA. Explore cutting-edge techniques in financial accounting, management accounting, and reporting, all integrated seamlessly with the speed and efficiency of HANA's in-memory computing technology.

|| SAP FICO HANA Certification Training 

Professionals who wish to use SAP's in-memory database platform, HANA, for financial accounting and controlling procedures can enroll in a SAP FICO HANA (High-Performance Analytic Appliance) Training course. Develop your knowledge of SAP S/4HANA FICO's general ledger, accounts payable, and accounts receivable processes. Profitability analysis and cost center accounting can help you manage costs more efficiently. Learn how to use real-time data for better reporting and combine FICO with other SAP modules.


The two essential SAP Functional component modules—FI and CO—as well as the new S/4HANA technology are covered in detail in this SAP FICO  Training. The Financial Accounting module, also known as SAP FICO, serves as the foundation for real-time recording, collection, and processing of financial transactions and information to supply the required inputs for external statutory reporting.


By offering information on cost centers, profit centers, contribution margins, and profitability analysis, it assists management and focuses on internal users. Thus, these two of SAP Financial Accounting's most important topics are covered in-depth in this SAP FICO Training.


Please contact the nearest BIT training institute or send an email to inquiry@bitbaroda.com with any additional questions you may have regarding our SAP FICO HANA training course. We offer a free demo by calling us at +91-9328994901. We offer top-notch SAP FICO HANA training classes in Vadodara-Sayajigunj, Vadodara - Waghodia Road, Vadodara - Manjalpur, Ahmedabad, Anand, and Nadiad.

|| Choose SAP FICO HANA Certification Training from BIT

SAP FICO HANA Professionals features .png

Certificate

|| What will I learn?

  • Gain a comprehensive understanding of SAP HANA architecture, concepts, and features, including in-memory computing, columnar storage, and data processing capabilities.
  • Develop proficiency in SAP FI module functionalities, including general ledger accounting, accounts payable, accounts receivable, asset accounting, bank accounting, and parallel accounting.
  • Master SAP CO module functionalities, including cost element accounting, cost center accounting, internal orders, profitability analysis (COPA), and product cost controlling (CO-PC).
  • Learn how SAP FICO integrates with other SAP modules such as Materials Management (MM), Sales and Distribution (SD), and Production Planning (PP), ensuring seamless data flow across the organization.
  • Acquire skills in managing SAP HANA databases, including data provisioning, data modeling, data loading, data replication, and performance optimization techniques.
  • Understand the SAP Fiori user experience and how it enhances user productivity and accessibility to SAP FICO HANA applications through intuitive and role-based interfaces.

|| What will I learn?

  • Gain a comprehensive understanding of SAP HANA architecture, concepts, and features, including in-memory computing, columnar storage, and data processing capabilities.
  • Develop proficiency in SAP FI module functionalities, including general ledger accounting, accounts payable, accounts receivable, asset accounting, bank accounting, and parallel accounting.
  • Master SAP CO module functionalities, including cost element accounting, cost center accounting, internal orders, profitability analysis (COPA), and product cost controlling (CO-PC).
  • Learn how SAP FICO integrates with other SAP modules such as Materials Management (MM), Sales and Distribution (SD), and Production Planning (PP), ensuring seamless data flow across the organization.
  • Acquire skills in managing SAP HANA databases, including data provisioning, data modeling, data loading, data replication, and performance optimization techniques.
  • Understand the SAP Fiori user experience and how it enhances user productivity and accessibility to SAP FICO HANA applications through intuitive and role-based interfaces.

|| Requirements

  • Basic knowledge of accounting principles
  • Familiarity with SAP software concepts is recommended

|| Requirements

  • Basic knowledge of accounting principles
  • Familiarity with SAP software concepts is recommended

    SAP ERP is an enterprise resource planning software that integrates various business processes and functions, including modules like Financial Accounting (FI), Controlling (CO), Sales and Distribution (SD), and more. SAP FICO (Financial Accounting and Controlling) manages financial transactions and internal accounting processes. Integrating FICO with SAP HANA, an advanced in-memory database platform, enhances financial management and accounting by providing real-time insights and improved performance. This integration offers benefits such as faster data processing, real-time financial reporting, and improved decision-making capabilities.


    SAP S/4HANA Finance, formerly known as SAP Simple Finance, simplifies financial processes and provides real-time insights through features like the Universal Journal, Central Finance, and real-time analytics. Migrating to SAP S/4HANA Finance requires thorough planning, technical considerations, and the use of migration tools like SAP Readiness Check and SAP Migration Cockpit. Key areas covered in the course include financial accounting and controlling processes, advanced analytics with SAP HANA, cash management, security and authorization, integration with other SAP modules, and compliance with financial regulations. Practical exercises, case studies, and certification preparation ensure that participants are well-equipped to implement and use SAP FICO HANA effectively.

    • Introduction to SAP FICO HANA:
    • Overview of SAP ERP (Enterprise Resource Planning) and its modules
    • Introduction to SAP FICO and SAP HANA
    • Benefits of integrating FICO with SAP HANA for financial management and accounting


    • SAP HANA Fundamentals:
    • Understanding SAP HANA architecture: in-memory computing, columnar storage, and parallel processing
    • Key features and capabilities of SAP HANA: real-time analytics, advanced data processing, and predictive analytics
    • Integration of SAP HANA with SAP ERP and other SAP modules


    • SAP S/4HANA Finance Overview:
    • Introduction to SAP S/4HANA Finance (formerly SAP Simple Finance)
    • Overview of the new data model and simplified financial processes in SAP S/4HANA Finance
    • Key features such as Universal Journal, Central Finance, and real-time analytics


    • Migration to SAP S/4HANA Finance:
    • Planning and preparation for migrating from SAP ERP to SAP S/4HANA Finance
    • Technical considerations and prerequisites for SAP S/4HANA Finance migration
    • Migration tools and methodologies: SAP Readiness Check, SAP Migration Cockpit, and SAP Data Services


    • Universal Journal and Real-time Reporting:
    • Understanding the Universal Journal in SAP S/4HANA Finance
    • Real-time financial reporting and analytics capabilities in SAP S/4HANA Finance
    • Configuring and customizing financial reports and dashboards using SAP Fiori


    • Financial Accounting in SAP S/4HANA:
    • Overview of financial accounting processes in SAP S/4HANA Finance
    • Configuration of general ledger accounting, accounts receivable, and accounts payable in SAP S/4HANA Finance
    • Real-time postings and updates to the Universal Journal


    • Controlling in SAP S/4HANA:
    • Overview of management accounting processes in SAP S/4HANA Finance
    • Configuration of cost center accounting, internal orders, and profitability analysis in SAP S/4HANA Finance
    • Real-time analytics and reporting for management decision-making


    • Advanced Analytics with SAP HANA:
    • Leveraging SAP HANA for advanced financial analytics and predictive modeling
    • Using SAP HANA Live and SAP BW/4HANA for real-time reporting and analysis
    • Integration with SAP Analytics Cloud for enterprise-wide planning and forecasting


    • Cash Management and Liquidity Planning:
    • Cash management processes in SAP S/4HANA Finance: cash position analysis, cash flow forecasting, and liquidity planning
    • Configuring cash management and bank account management in SAP S/4HANA Finance
    • Integration with treasury management and financial risk management


    • SAP FICO HANA Security and Authorization:
    • Configuring security and authorization roles for SAP FICO HANA
    • Role-based access control (RBAC) and segregation of duties (SoD) in SAP S/4HANA Finance
    • Compliance with data privacy regulations and audit requirements


    • Integration with Other SAP Modules:
    • Integration points with other SAP modules such as Sales and Distribution (SD), Materials Management (MM), and Production Planning (PP)
    • Data flows between SAP FICO HANA and other functional areas of the organization
    • Ensuring consistency and integrity of financial data across integrated SAP modules


    • Best Practices and Implementation Methodologies:
    • Industry best practices for SAP S/4HANA Finance implementation and configuration
    • Project methodologies such as SAP Activate and ASAP (Accelerated SAP)
    • Change management strategies for successful SAP S/4HANA Finance deployments


    • Legal and Regulatory Compliance:
    • Compliance with financial regulations, accounting standards, and industry-specific requirements
    • Data privacy and protection regulations (e.g., GDPR, CCPA) and their implications for financial data management
    • Ensuring security and auditability of SAP S/4HANA Finance processes and data


    • Case Studies and Practical Exercises:
    • Real-world examples and case studies demonstrating SAP FICO HANA implementation and usage in organizations
    • Hands-on exercises and simulations to reinforce concepts and techniques learned in the course
    • Group projects to apply SAP FICO HANA knowledge to solve financial management challenges


    • Certification Preparation:
    • Preparation for SAP S/4HANA Finance certification exams such as the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)

Get in touch

|| Future Scope and Market Demand of SAP -FICO HANA Professionals

The future scope and market demand for SAP Finance and Controlling (FICO) HANA professionals are highly promising, propelled by several key factors. With the continuous advancements in technology, particularly the emergence of SAP HANA as an in-memory database platform, professionals skilled in SAP FICO HANA are in high demand. Integration with SAP S/4HANA, the next-generation ERP suite, further amplifies this demand, as companies seek to leverage the enhanced performance and analytical capabilities offered by HANA technology. Industries spanning finance, retail, healthcare, and manufacturing are increasingly adopting SAP FICO HANA solutions to streamline financial processes and gain actionable insights from their data. Moreover, the shift towards cloud-based ERP solutions and the growing importance of regulatory compliance drive the need for SAP FICO HANA professionals who can implement and manage cloud-based financial systems while ensuring adherence to regulatory standards. This demand is exacerbated by a growing skill gap, making qualified SAP FICO HANA professionals highly sought after by organizations undergoing digital transformation initiatives. To capitalize on these opportunities, aspiring SAP FICO HANA professionals are advised to pursue specialized training, stay updated with the latest technology trends, gain hands-on experience, and actively engage in networking and professional development activities. Overall, the future outlook for SAP FICO HANA professionals is bright, with abundant opportunities for growth and career advancement in the evolving landscape of finance and technology.


|| SAP FICO HANA Training Career Option & Job Opportunities in India

In India, the career opportunities for SAP FICO HANA professionals are diverse and promising, given the widespread adoption of SAP systems across various industries. Here are some key career options and opportunities available in India for SAP FICO HANA professionals:

 

  • SAP FICO Consultant: Implement and configure SAP FICO solutions, support clients in financial operations, and customize the system to meet business requirements.
  • Opportunities: Working with consulting firms, multinational corporations, and IT service providers.

 

  • SAP FICO Analyst: Analyze business requirements, assist in system design and configuration, and provide support for SAP FICO modules.
  • Opportunities: Positions in finance departments of large corporations, IT consulting firms, and SAP implementation partners.

 

  • SAP FICO Project Manager: Lead SAP FICO implementation projects, manage project timelines, budgets, and resources, and coordinate between different teams and stakeholders.
  • Opportunities: Opportunities in large enterprises, consulting firms, and SAP solution providers.

 

  • SAP FICO Trainer/Instructor: Train end-users and new consultants on SAP FICO functionalities, best practices, and system usage.
  • Opportunities: Training institutes, corporate training departments, and online training platforms.

 

  • SAP FICO Solution Architect: Design comprehensive SAP FICO solutions, align system configurations with business goals, and provide strategic guidance on SAP deployments.
  • Opportunities: Consulting firms, large enterprises, and technology service companies.

 

  • SAP FICO Support Specialist: Provide technical support and troubleshooting for SAP FICO applications, resolve issues, and ensure system stability and performance.
  • Opportunities: IT support centers, service desks, and enterprise IT departments.

 

  • SAP FICO Business Analyst: Bridge the gap between business requirements and SAP FICO solutions, gather requirements, and assist in system enhancements.
  • Opportunities: Financial consulting firms, business process outsourcing (BPO) companies, and large corporations.

 

  • SAP FICO Implementation Specialist:  Specialize in the implementation of SAP FICO modules, including configuration, data migration, and system testing.
  • Opportunities: SAP implementation partners, consulting firms, and in-house IT teams of large enterprises.

 

  • SAP FICO Domain Expert: Provide expert advice on SAP FICO functionalities, support complex business processes, and lead strategic initiatives related to SAP FICO.
  • Opportunities: Senior roles in consulting firms, advisory positions, and strategic roles within large corporations.

 

  • SAP FICO Product Owner: Oversee the development and enhancement of SAP FICO products, prioritize features, and align product development with business needs.
  • Opportunities: Technology companies, SAP product development teams, and large enterprises with SAP ecosystems.

Overall, the demand for SAP FICO HANA professionals in India is robust, with many opportunities for career growth, specialization, and advancement in various sectors.

|| SAP FICO HANA Professionals holds in a Prominent Position in India Job Market

In the Indian job market, SAP FICO HANA professionals hold key roles crucial for enhancing financial management and operational efficiency. Positions such as SAP FICO Consultants, Project Managers, and Solution Architects are vital, driving system implementation, strategic design, and alignment with business goals. SAP FICO Business Analysts and Domain Experts bridge the gap between business needs and technical solutions, while Trainers ensure effective system use through comprehensive training. These experts are highly sought after in sectors like IT, manufacturing, pharmaceuticals, and finance, with major cities like Bengaluru, Mumbai, and Hyderabad being key hubs. Their skills are essential for driving digital transformation and maintaining competitive financial operations.

|| Empowering Your Career Transition From Learning To Leading

User Image
Swati Sonyi

I enrolled in the SAP course at BIT with minimal knowledge about the software. Still, the structured learning environment and expert guidance provided by the faculty helped me grasp the concepts effectively. The course modules were well-organized, covering everything from basic to advanced topics in SAP. I feel confident in my SAP abilities after completing the course at BIT Institute, and I would highly recommend it to anyone looking to excel in this field.

Company logo
User Image
Meeta Rathod

Enrolling at BIT for the SAP HR course was rewarding. The course had comprehensive content, experienced faculty, and a focus on practical learning. The instructors are not only knowledgeable but also passionate about teaching, which makes the classes engaging and enjoyable. I am prepared for job market challenges and thankful for the skills I gained!

Company logo
User Image
Riya Patel

Here, by Riya Patel. I'm delighted to share my SAP FI training certification from Baroda Institute Of Technology. I was placed as a junior SAP consultant at Capgemini. Thanks for the professional guidance and exceptional support from the BIT team for placements.

Company logo
User Image
Parth Shah

Big thanks to BIT for their exceptional SAP MM training. From inquiry to certification, their support was outstanding. The hands-on approach prepared me well for real-world challenges. I highly recommend BIT for SAP Education

Company logo
User Image
Arpan Patel

I'm immensely grateful to the team at BIT Institute for their continuous support and guidance from the beginning of my journey to placement. Their dedication to excellence and commitment to student success are truly commendable. After completing the SAP PP training module, I swiftly secured a position in a reputable MNC within just two months. BIT stands out as a trustworthy institute providing top-notch SAP training. Special thanks to Mrs. Sneha Patel for expert module guidance based on my previous experience.

Company logo
placement report placement report

|| Average Salary for SAP - FICO HANA Professionals in India  

Sure, here’s a more detailed breakdown of the average salary for SAP FICO HANA professionals in India, categorized by experience levels:

  • Entry-Level (0-2 years of experience): Average Salary Range: ₹4 lakhs to ₹6 lakhs per annum
  • Mid-Level (2-5 years of experience): Average Salary Range: ₹6 lakhs to ₹12 lakhs per annum
  • Senior-Level (5-10 years of experience): Average Salary Range: ₹12 lakhs to ₹20 lakhs per annum
  • Expert-Level (10+ years of experience): Average Salary Range: ₹20 lakhs to ₹30 lakhs or more per annum 


Salaries can also be influenced by additional factors such as the specific industry, the complexity of the SAP environment, the geographic location of the job, and the demand for SAP FICO HANA skills in that region.

|| Job Roles and Salary

SAP FICO HANA Job Roles .png

Certificate

|| Leading Companies Hiring SAP - FICO HANA Professionals  

In India, many companies across various industries utilize SAP FICO HANA for their financial and management accounting needs. These companies often include large enterprises and multinational corporations that require robust financial systems for their operations. Some notable companies that have been known to use SAP FICO HANA include:

  • Tata Group - A large conglomerate with diverse business interests, including automotive, information technology, and steel manufacturing.
  • Infosys: A leading IT services and consulting company, which also uses SAP solutions for its internal financial processes.
  • Wipro: A global information technology, consulting, and business process services company.
  • Reliance Industries: A major conglomerate with interests in petrochemicals, refining, oil, and telecommunications.
  • Mahindra Group: An Indian multinational corporation with interests in automotive, aerospace, agribusiness, and more.
  • Hindustan Unilever:  A major consumer goods company, which uses SAP for its extensive operations.
  • Bajaj Auto: A major manufacturer of motorcycles, scooters, and three-wheelers.


These companies leverage SAP FICO HANA to streamline their financial processes, enhance reporting capabilities, and improve decision-making through advanced analytics and real-time data processing. Many other companies in sectors such as pharmaceuticals, manufacturing, and banking also use SAP FICO HANA to maintain efficient and compliant financial operations.

|| Frequently asked question

SAP FICO HANA refers to the integration of SAP's Financial Accounting (FI) and Controlling (CO) modules with the SAP HANA in-memory computing platform. It enables real-time analytics, faster processing of financial data, and enhanced reporting capabilities for finance professionals.

SAP FICO HANA training courses are suitable for finance professionals, accountants, financial controllers, SAP consultants, and anyone involved in financial accounting and controlling processes who wants to leverage the capabilities of SAP HANA for enhanced performance and reporting.

Yes, there are numerous online platforms and training providers offering SAP FICO HANA training courses in both self-paced and instructor-led formats. These courses may include video lectures, hands-on exercises, practice projects, and access to SAP systems for practical learning.

Many SAP FICO HANA training courses offer certificates of completion, which can demonstrate your proficiency in SAP FICO HANA to potential employers or clients. Some courses may also prepare you for SAP certification exams, such as the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates certification.

Yes, completing an SAP FICO HANA training course equips you with the skills needed to implement, configure, and use SAP FICO HANA solutions in real-world financial management projects within organizations. These skills are valuable for finance professionals, accountants, financial controllers, and SAP consultants involved in SAP FICO HANA system implementations, upgrades, and support. Continuing to learn and stay updated with SAP FICO HANA best practices and updates is essential for success in this field.

The SAP FICO course in Bangalore is offered for commerce graduates usually. But in contrast, it has to be considered that the applicant has to qualify in any of the graduations such as Bcom, Bsc, BTech, Mtech, Mcom, or MBA.

Related courses

SAP - HR Training
Read more
SAP - MM Training
Read more
SAP - PM Training
Read more
SAP - SD Training
Read more
SAP - PP Training
Read more
SAP - FICO Training
Read more
SAP - ABAP Training
Read more
SAP - BASIS Course
Read more

Related courses

SAP - HR Training
SAP - MM Training
SAP - PM Training
SAP - SD Training
SAP - PP Training
SAP - FICO Training
SAP - ABAP Training
SAP - BASIS Course

Visit our latest webinars

Qwerty unleashed : Exploring Next -Gen Hacker Techniques for Passwords

Jeetu Singh

Qwerty unleashed : Exploring Next -Gen Hacker Techniques for Passwords
Dominate the Digital Space: A Deep Dive into Google Ads Mastery.

Gaurang Parekh

Dominate the Digital Space: A Deep Dive into Google Ads Mastery.
Design the Future: React JS for Next-Gen UIs

Nikhil Bhowate

Design the Future: React JS for Next-Gen UIs
Immersing Tomorrow: Exploring the Future of AR & VR Today

Ankit Patel

Immersing Tomorrow: Exploring the Future of AR & VR Today
Workshop on Artificial Intelligence Learn Sentiment Analysis

Jalpa Desai

Workshop on Artificial Intelligence Learn Sentiment Analysis
-->

Useful links

Categories

IT Infrastructure

Development

Data Science

Work with us

Company

Copyright Baroda Institute of Technology© 2024 | Design and Developed By Bit infotech