SAP FICO Course: Associate Consultant (Project-Based)

KickStart Your Career in SAP FICO Course With Hands-On Project!

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Training Details

♦ Ratings:
Rated 5 out of 5

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Key Features of the Course

  • 100% Practical
  • Hands-On Project
  • System Configuration
  • Real-Time Scenario-based training
  • Mock tests
  • Configuration Materials
  • Doubt-clearing Support
  • Career-guidance

Course Coverage

60+ Hours Live classes

100% Practical Training

Two-way Online Sessions

Hands-on Project

Mock Tests & Resume Preparation

E-Study Material & Configuration Guide

Expert-Led Doubt Clearing Sessions

Career & Job Guidance

SAP FICO Course Syllabus

Module 1: ERP & SAP S/4HANA Fundamentals

  • What You Learn:

    • What is ERP & how companies use SAP
    • Difference: ECC vs S/4HANA
    • SAP GUI vs Fiori apps
    • System landscape (DEV–QAS–PRD)

    Key Understanding:

    Role clarity:

    • Analyst vs Consultant
    • Master Data vs Transaction vs Configuration

    Module 2: End-to-End Business Process (Core Foundation)

    You will understand complete business cycles:

    • R2R (Record to Report)
    • P2P (Procure to Pay)
    • O2C (Order to Cash)
    • Asset Lifecycle
    • Profitability concept

    This module builds real business understanding (critical for interviews)

    Module 3: SAP Navigation & Data Understanding

    • SAP GUI & Fiori navigation
    • Document structure (Header vs Line Item)
    • Document flow tracking
    • Important tables concept

    Outcome: You can analyse any SAP transaction confidently

    Module 4: Enterprise Structure & Basic Configuration

    Hands-on Setup:

    • Company & Company Code
    • Controlling Area
    • Plant, Sales Org, Purchase Org

    Financial Setup:

    • Fiscal Year Variant
    • Posting Period Variant
    • Document Types & Posting Keys

    You will understand how system is structured in real projects

    Module 5: General Ledger (GL) – Core Finance

    • Chart of Accounts
    • GL Master Creation
    • Document Posting (GUI + Fiori)
    • Parallel Accounting (Basic)
    • Foreign Currency Valuation
    • Financial Statement Version

    Real Work:

    • Posting entries
    • Reversals
    • Corrections

    Module 6: Business Partner (Customer & Vendor)

    • BP concept in S/4HANA
    • Customer & Vendor creation
    • Bank details, payment terms

    Real Issues Covered:

    • Wrong bank details
    • Payment errors
    • Reconciliation account issues

    Learn how master data impacts transactions

    Module 7: Procure-to-Pay (FI-MM Integration)

    Business Flow:

    Purchase → GR → Invoice → Payment

    What You Learn:

    • PO & GR impact
    • GR/IR concept
    • Vendor invoice posting
    • Payment processing

    Real Issues:

    • Invoice not posted
    • Payment blocked
    • GR/IR mismatch

    This is where most MNC jobs start (P2P roles

    Module 8: Order-to-Cash (FI-SD Integration)

    Business Flow:

    Sales → Delivery → Billing → Payment

    What You Learn:

    • Customer billing
    • Incoming payments
    • Dunning process

    Real Issues:

    • Invoice not cleared
    • Dunning not triggered
    • Payment mismatch

    Module 9: Bank Accounting & EBS

      • House bank setup
      • Payment program-DME
      • Electronic Bank Statement (EBS)

      Real Issues:

      • Bank reconciliation mismatch
      • EBS not posting
      • Clearing issues

    Module 10: Asset Accounting (Basic to Practical)

    • Asset Lifecycle:

      Acquisition → Depreciation → Disposal

      Hands-on:

      • Asset creation
      • Depreciation runs
      • Asset sale / scrap

      Real Issues:

      • Depreciation not posted
      • Asset not capitalized

    Module 11: Controlling Basics (CO)

      • Cost Centre Accounting
      • Internal Orders
      • Basic planning

      What You Learn:

      • Cost tracking
      • Expense allocation

    Module 12: Product Costing (Standard Costing – Complete Practical)

    • This module provides a complete hands-on understanding of Standard Costing using SAP S/4HANA, aligned with real manufacturing business scenarios.

      Focus: Make you capable of understanding, executing, and supporting costing processes in real projects

      1. Business Scenario Understanding
      • Manufacturing flow: RM → SFG → FG
      • Cost components:
        • Material Cost
        • Labor Cost
        • Overhead Cost

      Understand how companies calculate planned product cost

      1. Master Data Required for Costing

      You will work with:

      • Material Master (Raw, SFG, FG)
      • Bill of Material (BOM – multi-level)
      • Routing (Operations & Work Centres)
      • Cost Centre & Activity Types
      • Profit Centre

      Outcome: Clear understanding of cost flow structure

      1. Standard Costing Configuration

      Core Setup:

      • Cost Component Structure
      • Costing Variant
      • Valuation Variant
      • Overhead Costing Sheet

      Planning:

      • Activity Price Planning
      1. Cost Estimate Execution

      Transactions Covered:

      • CK11N – Create Cost Estimate
      • CK13N – Display Cost Estimate
      • CK40N – Mass Costing Run

      Key Concepts:

      • Cost Roll-up (SFG → FG)
      • Quantity structure costing
      • Cost breakup analysis

      You will learn how to calculate and analyse product cost

      1. Marking & Release of Standard Cost
      • Marking of cost estimate
      • Release to material master

      Understand how standard cost updates:

      • Inventory valuation
      • Cost of Goods Sold (COGS)
      1. Integration with Finance (Very Important)
      • Impact on stock accounts
      • Accounting entries during:
        • Goods Issue
        • Goods Receipt

       Link between MM + FI + CO

      1. Introduction to Production Cost Tracking

      (Basic exposure for analyst role)

      • WIP (Work in Process) – concept
      • Variance (Planned vs Actual cost)

       Helps in:

      • Month-end understanding
      • Interview preparation
      1. Reporting & Analysis
      • Cost component split
      • Material price analysis
      • Standard vs actual comparison (basic level)

    Module 13: Profitability Analysis (COPA – Overview)

        • What is profitability
        • Revenue vs cost analysis
        • Basic COPA flow

         Helps in O2C & reporting roles

    Module 14: Period-End Closing (Most Important for Job)

      • Monthly Activities:

        • Accrual posting
        • Bank reconciliation
        • GR/IR clearing
        • Depreciation runs
        • Cost allocation

        Reports:

        • Trial Balance
        • P&L
        • Balance Sheet

        Real Issues:

        • Balance mismatch
        • Closing errors

        Real-Time Support Training

        You will handle real tickets like:

        • Invoice not posted
        • Payment not processed
        • Bank mismatch
        • GR/IR imbalance

    Capstone Project Details

      • As part of the program, you will work on a realistic end-to-end business project designed to simulate how finance operations are handled in an MNC using SAP S/4HANA.

        Business Scenario

        You will work in a manufacturing company environment, managing:

        • Procurement of raw materials
        • Production & costing
        • Sales & revenue
        • Banking transactions
        • Asset lifecycle
        • Financial closing

        Task 1: SAP Activate

        • Implementation lifecycle
        • Fit-to-Standard workshops
        • Agile execution

        Task 2: Enterprise Structure

        • Org structure setup
        • Company codes, plants, sales org

        Task 3: Core Processes

        • P2P (MM): Procurement, vendor, inventory, invoice
        • O2C (SD): Sales order, delivery, pricing, billing
        • R2R (FI): GL, accounting, reporting

        Task 4: Data Migration

        • Fiori migration
        • Data mapping and validation

        Task 5: Testing

        • Unit testing
        • Integration testing
        • UAT

        Bonus

        • Resume preparation (MNC format)
        • Interview Q&A (real scenarios)
        • Mock interviews

    FAQ's

    Both are conducted on the same S4HANA latest Version 2023.

    The course Name: SAP FICO Course – Associate Consultant – is designed for non-SAP domain experienced professionals or those who are beginners in SAP sector.

    While the course name: SAP S4HANA Finance Training – Lead Consultant – is designed for people who already have experience as SAP Consultants and would like to grow into more advanced roles

    Both Courses cover SAP Finance (FI) and Controlling (CO) topics.

    The difference is in the depth, complexity and approach towards the key objective.

    No. Since we are not SAP Partners, we do not provide any certification. However, with this SAP Finance Training and desired practice, you would be able to clear the relevant certification exam and secure one!

    After completion of the training, you would get the best practical guidance on the correct job search process & Resume preparation. You would get smart tips on how to find the most suitable job roles and apply for the right jobs that give you interview calls. 

    Please note that, type of job roles also highly depends on your educational and professional background and experience, and of course, on your efforts to learn and practice the subject.

    SAP has its demand all over the country and across the globe. In cities like Gurgaon, Delhi, Noida, Mumbai, Pune, Chennai, Hyderabad, Bangalore etc. we see good career opportunities for SAP Finance. So you may search for SAP Finance consultant jobs there and start your SAP career. 

    Surely Pradeep and his team will guide you on this.

    After completing SAP FICO training, your career options depend on both SAP and domain experience in Finance Sector:

    Beginner / New to SAP (0–1 year):

    • End User: Finance Executive, Accounts Officer, Billing Executive

    Power User (New to SAP, 2–5 years Exp. in non-SAP Domain):

    • Senior Accountant, MIS Analyst, Finance Process Specialist

    Mid-Level (1–4 years of SAP experience):

    • Consultant: SAP FICO Associate Consultant, SAP FICO Consultant, SAP S/4HANA Finance Consultant

    Experienced / Advanced Level (5+ years of SAP experience):

    • Support & Lead Roles: SAP FICO Support Analyst, SAP Finance Lead, SAP Functional Consultant, Project Manager (FICO Module)

    SAP FICO is the most demanding module of SAP software. For this reason, it creates the highest number of job opportunities in the SAP sector. Since it is the basic step of the SAP Financial Module, it is easy to understand from a good trainer. You just need to have a basic knowledge of accounts. Secondly, the growth in this sector is also very attractive. Starting from an End-user position or Jr. consultant, you can go really high in your SAP career.

    Skillstek is owned by Pradeep Hota, an expert in SAP FICO, SAP S/4HANA Finance, Controlling, and SAP Central Finance. He is known for his highly professional and qualitative training methods.

    Since the companies hiring on SAP FICO roles look for practically proficient candidates, Pradeep Hota’s 100% practical & Project-based training would help you stand out from the crowd while competing in SAP FICO interviews.

    For course fee details, please get in touch with us via WhatsApp or Email. You may also fill out the enquiry form, and we will get back to you with complete details, including training fees.

    We use premium Training software with user-friendly tools. Since it is live virtual training, so you get in touch directly with your trainer. Being in a group, you can listen to other participants and discuss with them also.

    The pattern of training is 100% practical, on-system, followed by a Project work. You would learn end-to-end configuration in the system, and work on a multi-phase project that will give you real project exposure and experience. This will help you to confidently handle scenario-based SAP FICO interview questions in real-time.

    You will get training session videos. In case you miss a class, you can refer to those videos for review. Thus, you will not lose anything.

    Yes. Pradeep conducts doubt-resolving sessions for his current & past students. Share your requirement over email (the one that will be shared after enrollment).

    You will get exclusive benefits like Project Work, Mock tests, Resume preparation, doubt-clearing sessions, and Job guidance. You will also receive E-study materials with configuration guides to help you practice SAP FICO concepts post training.

    Training Overview

    SAP FICO Course with hands-on project - By Pradeep Hota - Skillstek

    SAP S4 HANA FICO Online Training thoroughly covers the two key SAP S/4HANA Functional modules FI and CO, followed by Mock Project.

    The first part is SAP FI or Financial Accounting is the backbone that records, collects or processes the financial transactions or information on a real-time basis to provide the necessary inputs for external statutory reporting.
    This module is integrated with other modules like Controlling (CO), Material Management (MM), sales and Distribution (SD), Production Planning (PP), etc.
    The second part of this functional module is SAP CO or Management Accounting. It is also known as Controlling or CO. It focuses on the internal users and helps the management by providing reports on cost centers, profit centers, contribution margins and profitability analysis.

    At third stage you will work on Hands-On Project followed by mock tests & resume preparation.

    Course Objective

    ♦ 1K+ Trainees ♦  Read Reviews

    ♦ Ratings:
    Rated 5 out of 5

    This strategically designed SAP FICO Online Training (equivalent to SAP FICO Associate-level) is a combination of Conceptual and practical frameworks and Project-based workflow that gives you the following edges.

    • Build a strong foundation in SAP FICO Architecture, Independently handle end-to-end configuration and business processes.

    • Gain practical expertise in core areas like General Ledger, Accounts Payable/Receivable, Asset Accounting, Cost Center, and Profit Center Accounting.

    • Master integration with MM and SD to manage complete finance cycles across all related business functions.

    • Develop the confidence to work on Live projects, period-end activities, and generate accurate Financial Reports in the SAP S/4HANA system.

    • Combine your finance knowledge with SAP Skills to become job-ready as a SAP FICO Consultant or Finance Analyst.

    • Handle Real-world challenges and explore global career opportunities.

    Career Benefits

    • Unlock Various Career Opportunities: Qualify for SAP roles across top MNCs, consulting firms, and implementation projects.

    • Career Transition Advantage: Move from traditional accounting or finance roles into the high-growth SAP domain.

    • Industry Recognition: Gain a professional edge with SAP skills that are valued across industries.

    • High Earning Potential: SAP FICO professionals are among the most well-paid in finance and IT consulting.

    • Real Project Exposure: With real-time business case studies, confidently face interviews and client discussions.

    • Long-Term Career Growth: Secure your career by aligning with the latest developments in SAP S/4HANA.

    • Professional Credibility: Stand out with a proven, implementation-oriented SAP skill set.

    Career Scope

    SAP is the leading ERP software company across the globe. As per recent data, around 94% of the world’s 500 largest companies are SAP customers.

    If we talk about a career in the SAP domain, here also we see huge opportunities. A lot of MNCs and national companies around the world have adopted SAP as their ERP solution. Hence, it creates ample job opportunities for SAP aspirants. Starting from the End-user role, junior SAP consultants, till Sr. Consultant and Managerial positions, we acknowledge every type of SAP job position in India. 

    Coming to SAP FICO, it is one of the top modules in SAP and the most demanded as well. So it is certainly a good decision to join the SAP FICO course as it also has job options in the same place itself. This gives a better learning experience and career growth to SAP FICO people.

    SAP S/4HANA Finance Course Key Topics

          SAP FI- Financial Accounting

    • GL- New GL & Extension Ledger
    • AP-Accounts Payable
    • AR-Accounts Receivable
    • BA-Bank Accounting
    • AA-Asset Accounting
    • PC-Profit Centre Accounting

          SAP CO- Controlling

    • CEA- Cost Element Accounting
    • CCA- Cost Centre Accounting
    • IO- Internal Order Accounting
    • PC- Product Costing
    • CO-PA – Profitability Analysis

    Details of SAP FI Course Components:-

    • FI-AA- Asset Accounting – Integrated with FI-GL, FI-AR, FI-AP, CO, MM. This module manages the financial part of the assets throughout their entire life cycle starting with the procurement of assets and ending with the scrapping or Sale of assets. It poses an important role in SAP FICO Training.
    • FI-AP –Accounts Payable- Integrated with FI-GL, FI-AA, MM. This sub-module of SAP Finance manages vendor transactions by linking with material management, asset accounting, travel management etc.
    • FI-AR- Accounts Receivable- Integrated with FI-GL, FI-AA, SD & TR. This sub-module manages customers and receivables in integration with SD. Known for credit management functionalities.
    • FI-BL- Bank Accounting
    • FI-GL General Ledger Accounting

    Details of SAP CO Course Components:-

    • Operating Concern- The topmost reporting level for profitability analysis by comparing cost and revenue.
    • Controlling Area – Organization structure for internal accounting operations.
    • SAP Cost Centers – Lower organizational units where costs are incurred and allocated.

    This is a brief overview of the Course that you get at Skillstek. You can read the detailed course curriculum below on this page.

    About Pradeep Hota

    Pradeep Hota SAP HANA Finance Consultant Picture

    Pradeep Hota is an SAP Functional Consultant with a specilization in S/4HANA Finance (FICO). With 17+ years of finance & costing experience, he is a well-known name for those looking for SAP FICO or S4 HANA Finance Training for delivering clear, project-driven teaching.

    Why he is the Best SAP FICO Trainer?

    • Deep hands-on focus in SAP FICO across real project scenarios.
    • Specializes in Controlling & Product Costing—bridging concepts to execution.
    • Shares practical insights via blogs and videos that simplify complex topics.
    • Mentors learners toward job-ready skills with a practical, case-study approach.

    Disclaimer: Skillstek is Not an SAP Partner

    Skillstek is not an authorized SAP Partner. Any course, training, or any other service provided at Skillstek or by Pradeep Hota is not associated, affiliated, authorized, endorsed by, or in any way officially connected with SAP organization. SAP is a registered trademark of SAP AG in Germany and many other countries. Skillstek and Pradeep Hota both are NOT associated with the SAP organizations. We do not conduct any SAP Certification training programs.