Course information

SAP Financial Accounting Course Outline

Module 1: Introduction to SAP

  • What is SAP?
  • SAP Financial Accounting
  • SAP Organization Structure

Module 2: Financial Accounting Global Settings

  • Steps for Configuring Global Settings
  • Field Status Variant
  • Posting Keys
  • Document Types and Number Ranges
  • Tolerance

Module 3: Financial Accounting Master Data

  • Overview
  • Blocking
  • Deleting a Customer
  • Customer Account Groups
  • One-Time Customer Master Record

Module 4: Document Posting Control

  • Introduction
  • Parking
  • Holding
  • Posting a Document with Reference

Module 5: General Ledger

  • Introduction
  • Accounts Receivables
  • Accounts Payables
  • Asset Accounting
  • Bank Accounting
  • Create a New GL Account
  • Displaying Changes
  • Blocking or Deleting a G/L Account

Module 6: Payment Program Configuration

  • Company Codes
  • Paying Company Codes
  • Payment Method in Country
  • Paying Method in Company Code
  • Bank Determination
  • House Banks

Module 7: Closing Operations in Financial Accounting

  • Overview
  • Day-End
  • Month-End
  • Pre-Close
  • Managerial Close
  • Financial Close
  • Month-End
  • Year-End

Module 8: Reporting

  • Executing SAP Reports
  • General Ledger Reports

Module 9: New General Ledger

  • Introduction
  • Advantages
  • Main Transaction Codes for Migration from Classic to New

Module 10: SAP Management Accounting

  • Overview
  • Cost Centre Management Accounting
  • Overhead Absorption by Production Lots

Module 11: SAP Integration

  • FI-CO Integration
  • SD-FI Integration
  • FI-MM Integration

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Who should attend this SAP Financial Accounting Course?

The SAP Financial Accounting Course in Detroit is beneficial for a variety of professionals who wish to enhance their skills in managing financial transactions, financial reporting, and financial analysis within the SAP software environment. This course is especially advantageous to the following professionals:

  • Accountants
  • Financial Analysts
  • Finance Managers
  • Financial Controllers
  • Audit Professionals
  • SAP Consultants
  • Business Analysts in Finance

Prerequisites of the SAP Financial Accounting Course

There are no formal prerequisites for this SAP Financial Accounting Course. However, having a foundational grasp of accounting principles and familiarity with SAP can significantly enhance the learning experience for delegates.

SAP Financial Accounting Course Overview

SAP is a leading enterprise software solution provider that enables businesses to manage and optimize their operations, make data-driven decisions, and adapt to changing market conditions. Its diverse portfolio of products and global presence make it a key player in business technology, especially in Detroit.

SAP Financial Accounting is responsible for storing and consolidating transactions and managing financial interactions with customers and vendors. This course in Detroit encompasses tasks such as managing payables and receivables, processing payments, and generating financial statements.

This SAP Course in Detroit equips delegates with the knowledge and skills to effectively use SAP FI to manage financial transactions, maintain accurate records, and generate meaningful financial reports within their organization. They become well-prepared to contribute to sound financial management practices and decision-making processes in their organization.

Course Objectives

  • To understand fundamental concepts of financial accounting and how they are implemented in SAP FI
  • To use SAP FI to perform common accounting tasks accurately and efficiently
  • To perform account reconciliation to ensure that financial records are accurate
  • To manage fixed assets such as equipment and buildings
  • To generate financial reports for various stakeholders, such as management, investors, and regulators

Upon successfully completing this SAP Financial Accounting Training in Detroit, participants will be able to create posting period variants, establish a chart of accounts, generate general ledger classifications, and acquire various other valuable skills.

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What’s included in this SAP Financial Accounting Course?

  • World-Class Training Sessions from Experienced Instructors          
  • SAP Financial Accounting Certificate
  • Digital Delegate Pack

Why choose us

Our Detroit venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Detroit is the largest city in the state of Michigan, United States. It is located on the United States-Canada border and has a population of around 680,000 people. Denver’s growth is mostly to be credited to the expansion of the automobile industry as they supplied a lot of automotive support for the Allied powers during World War II. Detroit Public Schools govern 66,000 students and it is the largest district in Michigan. Detroit also has a population of charter school students at a rate of about 56,000 pupils. There are many private schools in Detroit including 110 Roman Catholic grade schools which are operated by the Archdiocese of Detroit. Detroit is home to many further education establishments including Wayne State University, University of Detroit Mercy, University of Detroit Mercy School of Law and Sacred Heart Major Seminary. Wayne State University is a national research university which focuses on medical and law majors but offers hundreds of other different academic programs. The University of Detroit Mercy is a Roman Catholic co-educational facility which is affiliated with Sisters of Mercy and Society of Jesus. It provides a wide variety of different academic degrees in a range of different subjects including dentistry, law, architecture and nursing. Sacred Heart Major Seminary is affiliated with the Pontifical University of Saint Thomas Aquinas, Angelicum in Rome. It was founded in 1919 and provides students with pontifical degrees and civil graduate or undergraduate degrees. Students are welcome to be clerical or lay. The University of Michigan was originally established in Detroit in 1817 but was then moved to Ann Arbor in 1837. Other further education facilities include the College for Creative Studies, Lewis College of Business and Marygrove College. The Michigan State University College of Osteopathic Medicine based in East Lansing also has a satellite campus based in the Detroit Medical Center. 

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Address

Detroit, Michigan

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led SAP Training | SAP Financial Accounting Training in Detroit. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's SAP Training | SAP Financial Accounting Training in Detroit, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

SAP Training | SAP Financial Accounting Training in Detroit FAQs

SAP Financial Accounting (SAP FI) is a module within the SAP ERP system, designed to manage financial transactions, reporting, and data in an organization, ensuring accurate and efficient financial processes.
There are no formal prerequisites for this SAP Financial Accounting Course.
The certification validates your expertise in SAP FI, opening doors to roles such as SAP FI Consultant, Accountant, or Financial Analyst, and showcasing your proficiency in financial management.
Yes, we provide round-the-clock support to ensure delegates receive assistance and guidance throughout their SAP Financial Accounting training.
Yes, we provide self-paced SAP FI Certification training.
Job roles include SAP FI Consultant, Accountant, Financial Analyst, or Finance Manager, depending on your specialization and experience.
Yes, we offer corporate training solutions tailored to the specific needs of organizations looking to upskill their teams in SAP Financial Accounting.
Participants will learn to manage financial transactions, create financial reports, and utilize SAP FI for comprehensive financial management within an organization.
This certification course is suitable for finance professionals, accountants, consultants, and anyone aiming to enhance their skills in SAP Financial Accounting.
The training fees for SAP Financial Accounting certification in Detroit starts from $2495
The Knowledge Academy is the Leading global training provider for SAP Financial Accounting.
Please see our SAP Training courses available in Detroit
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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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