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Courses At Peers

SAP-FICO

About the Course

SAP stands for Systems, Applications and Products in Data Processing. Five German Engineers founded it in 1972. SAP is an ERP software which large organizations use to manage their business. SAP has several modules, each of which represent a business-process. Modules are usually abbreviated for the business process they represent. For instance, HR is Human Resources, FI for Financial Accounting and SD is Sales & Distribution and so on. All together there are some nineteen modules. These modules are highly integrated in real-time, which means that if information is shared between modules then the data is entered only once. This reduces the chances of error arising from repetitive entry and also reduces the man-hours. Managers and decision makers always have information at their fingertips and this helps then in effective decision making. SAP has been around for over three decades. Nine out of ten Fortune-500 companies have already implemented SAP (not counting the thousands of to-be Fortune-500 companies that have SAP). There are well over 10 million SAP users worldwide and jobs keep popping up all around the world. SAP is the leading ERP (Enterprise Resource Planning) software. Because of its liberal open architecture, there are millions of programmers working around the world to provide interaction between thousands of major software and SAP. SAP is usually implemented in phases. The first phase is when organizational structure and accounting components are configured, tested and then taken live. Gradually more modules are turned on.

 

 

Who should go for this course?

Any graduation students who are looking to go for sap fico consultants.

 

SAP-FICO Course Pre-Requisite

Minimum graduation and basic knowledge of accounting terminology.